Watervliet, NY 12189 · Albany County

This 1890 duplex in Watervliet offers two one-bedroom, one-bath rental units, each updated with new kitchens, bathrooms, and modern systems including roof, hot water heaters, and electrical panels. The first unit is leased through June 2027; the second is vacant. With separate utilities, a full basement, and off-street parking on 0.07 acres, the property sits in the Watervliet school district near shops, dining, and highway access, in a compact city along the Hudson River north of Albany.
Turn-key 2-family property featuring two fully renovated 1-bedroom, 1-bath units with modern updates throughout. Each unit offers bright living space, updated kitchens and baths, and separate utilities, making this an excellent investment opportunity or ideal owner-occupant property. New Roof, Hot Water Heaters & Electrical panels 1st Floor is in a lease until June 2027, 2nd Floor Vacant offering flexibility for a new owner. Conveniently located near shopping, dining, and major highways for easy commuting. A great addition to any portfolio!
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Tax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Watervliet is in Albany County, NY. There are currently 19 active listings here, ranging from $130,000 to $829,000. Listings in this address fall under the Watervliet school district. Priced near the area median of $234,900.
See Sharon's Watervliet community guideSharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
MLS 4 Less Realty · Listed by Josie Reo (31241)
Contact: 518-925-0230
MLS #202619397 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Activity across 2 MLS listings of this property.
Public assessment record for the Watervliet roll · Watervliet school district · Two Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $70,200 | $119,347 | +11.0% |
| 2024 | $70,200 | $107,520 | +6.4% |
| 2023 | $70,200 | $101,007 | +15.1% |
| 2022 | $70,200 | $87,750 | +8.7% |
| 2021 | $70,200 | $80,690 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-11. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.