Under contract

$279,900

1,848 SF building0.24 acre lotBuilt 1878

381 Milton AvenueBallston Spa, NY 12020

Multifamily property · MLS 12011128 · Listed 34 days ago (Oct 1, 2026)

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Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

About this property

Beautiful Ballston Spa two-family home where you can have a large private backyard but also just a short walk to the Village! This spacious two-family home offers the perfect combination of location, flexibility, and income potential, all set on a beautiful 1/4-acre lot with a huge yard and additional street entrance from the back of the home on Klondike St. Imagine living within a short walk to the charming Village of Ballston Spa, you'll be close to shops, restaurants, parks, and everything the village has to offer. Both apartments are in very good condition, featuring spacious living areas, newer flooring, fresh paint, updated bathrooms, and newer appliances. The roof and deck are about 8 years old. The first-floor unit offers laundry hookups, and each apartment has separate utilities. Outside the property has an amazing backyard and spacious shed offering plenty of room for storage, recreation, gardening, or simply enjoying the outdoors. There is also excellent potential for expansion providing an opportunity to make even more of this already generous property. First floor unit is vacant making it desirable for owner occupied and second floor unit is rented month to month. Live basically rent free while occupying the first floor unit and collecting rental income immediately making this property a very attractive investment opportunity with low taxes too! A wonderful opportunity in highly desirable Ballston Spa, where multi-family properties offering this generous lot size and potential for expansion are rarely available on the market.

Description provided by the listing brokerage.

Key facts

Asking price
$279,900
Status
Under contract
Property type
MultifamilyFrom the MLS property class
Building area
1,848 SFSource field LivingArea
Land area
0.24 acresSource field LotSizeAcres
Year built
1878
MLS number
12011128

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$279,900
Price per SF of building
$151/SFAsking price ÷ 1,848 SF reported building area
Annual taxes
$5,204

Building and site

Units
2Source field NumberOfUnitsTotal
County
Saratoga County

Reported features

  • Public water (from a listing field)
  • Parking reported (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile
  • Laminate
  • Hardwood

Heating

  • Forced Air
  • Natural Gas

Parking

  • Driveway

Construction

  • Vinyl Siding

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Ballston Spa or multifamily property in Ballston Spa.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    • Parking reported

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    Listing courtesy of Miranda Real Estate Group Inc · MyStateMLS #12011123

    Guides

    Listing courtesy of Miranda Real Estate Group Inc. Listing agent: Lisa Vitiello. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 17, 2026, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 3:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.