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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 865 Madison Avenue, Albany, NY 12208
ACTIVE
$10,000
$539,900

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

$2,559/MO

$539,900
$10,000

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 Market73 days

Est. Monthly Payment

$2,559.11

%
%
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
73 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $9,166
Property History
  • Price reduced
    Jun 2, 2026 • GLOBAL MLS • 202613988
    $549,900 → $539,900
  • Price reduced
    May 27, 2026 • GLOBAL MLS • 202613988
    $599,900 → $549,900
  • Price reduced
    Apr 7, 2026 • GLOBAL MLS • 202613988
    $679,900 → $599,900
Mortgage Calculator
Estimated monthly payment for this property
$2,559.11
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
    5 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
    73 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

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