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      Property at 865 Madison Avenue, Albany, NY 12208
      ACTIVE
      $80,000
      $599,900

      865 Madison AvenueAlbany, NY, 12208

      9 Beds7 Baths5,298 SqFt0.13 Acres
      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.
      1 / 21

      Est. Monthly

      $2,844/mo

      $599,900
      $80,000

      865 Madison Avenue, Albany, NY

      9 Beds7 Baths5,298 SqFt0.13 Acres

      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.

      StatusActive
      Property TypeMulti Family
      Property SubtypeMulti Family
      Year Built1900
      Days on Market52 days

      Est. Monthly Payment

      $2,843.51

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      865 Madison Avenue

      Albany, NY 12208 • Albany
      9
      Beds
      7
      Baths
      5,298
      SqFt
      0.13
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Multi Family
      Year Built
      1900126 years ago
      Days on Market
      52 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $9,166
      Property History
      • Price reduced
        Apr 7, 2026 • GLOBAL MLS • 202613988
        $679,900 → $599,900
      • Listed for sale
        Mar 27, 2026 • GLOBAL MLS • 202613988
        $679,900
      Mortgage Calculator
      Estimated monthly payment for this property
      $2,843.51
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202613988
      • Listing Office
        Wagner Real Estate Group
      • Last Updated
        41 days ago

      Climate & Systems

      • Heating
        • Baseboard
        • Radiant

      Interior Features

      • Flooring
        • Hardwood
        • Vinyl
      • Basement
        Unfinished

      Parking

      • Parking Features
        • Detached
        • Off Street
        • Garage
      • Parking Spaces
        4
      • Garage Spaces
        4

      Lot & Grounds

      • Lot Size
        0.13 acres
      • Patio & Porch
        Porch
      • Exterior Features
        None

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Multi Family
      • Architectural Style
        Apartment 4 Plus Unit

      Structure

      • Construction
        • Aluminum Siding
        • Clapboard
        • Vinyl Siding
      • Roof
        • Asbestos Shingle
        • Rubber

      Condition

      • Year Built
        1900
      • Days on Market
        52 days
      • Water
        Public
      • Sewer
        Public Sewer

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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