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$499,900
Monthly Est:$2,488
9 Beds
7 Baths7 full baths
5,298sqft
865 Madison Ave, Albany, NY 12208
$499,900
$2,488/moEst:
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Multi Family
Built in 1900
$-- HOA
0.13 acre lot
$94/sq.ft
Description
Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.
- Houzeo last checked: 12 hours ago
- Listing updated: September 8, 2026 at 3:12 pm
- Listing Provided by: Philip W Wagner (518) 378-5741 DRE #10491211947 | Wagner Real Estate Group (518) 378-5741
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202613988
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
5,298 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202613988
MLS Status
Pending
Days on Market
221
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 7
Interior
Flooring
Vinyl, Hardwood
Sewer
Public Sewer
Cooling
None
Exterior Features
None
Heating
Baseboard, Radiant, Natural Gas
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Roof
Rubber, Asbestos Shingle
Architectural Style
Apartment 4 Plus Unit
Construction Materials
Aluminum Siding, Clapboard, Vinyl Siding
Utilities & Energy
Water Source
Public
Parking Features
Off Street, Detached, Garage
Basement
Unfinished
Other Features
Tenant Pays
Hot Water, Heat, Internet, Electricity, Gas
Patio And Porch Features
Porch
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Pending | $499,900 $0/sqft |
07/29/2026 Source: | Price Decreased | $499,900 -1.96% $0/sqft |
07/08/2026 Source: | Price Decreased | $509,900 -1.92% $0/sqft |
06/15/2026 Source: | Price Decreased | $519,900 -1.89% $0/sqft |
06/09/2026 Source: | Price Decreased | $529,900 -1.85% $0/sqft |
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Based on information from the Global Multiple Listing Service, Inc. through Nov 02, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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