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865 Madison Avenue

Albany, NY 12208
  • $599,900
  • STATUS: Active
  • MLS #: 202613988
Price Reduced
UPDATED: 45 min ago
$599,900
  • 9
    BEDS
  • 0.13
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,298
    SQFT
  • $113
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:
School District:

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.

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© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-04-16T10:12:10.517.
www.heerrealty.com/homes/174493116
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865 Madison Avenue Albany, NY 12208

  • Price: $599,900
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 202613988
9
Beds
7
Baths
0
½ Baths
0.13
Acres
5,298
SQFT
$113
$/SQFT
1900
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
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.
Exterior Features

Architectural Style Apartment 4 Plus Unit Attached Garage YN No Construction Materials Aluminum SidingClapboardVinyl Siding Door Features [] Exterior Features None Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features Off StreetDetachedGarage Parking Total 4 Patio And Porch Features Porch Pool Features [] Roof RubberAsbestos Shingle View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Unfinished Cooling None Cooling YN No Fireplace Features [] Flooring VinylHardwood Heating BaseboardRadiantNatural Gas Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Multi Family Security Features [] Sewer Public Sewer Special Listing Conditions Other Tenant Pays Hot WaterHeatInternetElectricityGas Utilities [] Water Source Public

Listing information © 2026 Global MLS.
Listing provided courtesy of Philip Wagner of Wagner Real Estate Group: 518-378-5741.



© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-04-16T10:12:10.517.
 
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