$679,900

865 Madison Avenue, Albany, NY 12208

  • 9 beds |
  • 7 baths |
  • 5,298 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $128/sqft
  • Property List Date Icon Listed 6 days ago

Property 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.

Listing Status:
Active
Date Added:
March 27, 2026
Data Last Updated:
April 1, 2026 at 10:38PM
Listing Office:
Wagner Real Estate Group : 518-378-5741
Listing Agent:
Philip W Wagner : 518-378-5741
MLS ID:
202613988
  • Basement: Unfinished
  • Flooring: HardwoodVinyl
  • A/C: None
  • Heating: BaseboardRadiant
  • General: None
  • Style: Apartment 4 Plus Unit
  • Parking: DetachedOff StreetGarageParking spaces: 4
  • Roofing: Asbestos ShingleRubber
  • General: Aluminum SidingClapboardVinyl Siding
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: 010100 65.61-4-26
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Philip W Wagner , Wagner Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Pine Hills Elementary School

41 N Allen St, Albany, NY, 12203

Grades PK-5

0.58 miles away

W

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

1.02 miles away

A

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.