531 Hamilton Street Albany, NY ^$ 305,000

531 Hamilton Street

^$ 305,000

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531 Hamilton Street

Albany, NY, 12203

^$ 305,000

Bedrooms5 Baths3.0 Sq 2,112

Monthly Estimate*

^$ 1,878

531 Hamilton Street, Albany, NY 12203 - Image 1

531 Hamilton Street, Albany, NY 12203 - Image 2

531 Hamilton Street, Albany, NY 12203 - Image 3

531 Hamilton Street, Albany, NY 12203 - Image 4

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531 Hamilton Street, Albany, NY 12203 - Image 9

531 Hamilton Street, Albany, NY 12203 - Image 10

531 Hamilton Street, Albany, NY 12203 - Image 11

Multi-Family Home for sale in Albany, NY

for $305,000 with 5 bedrooms and 3 full baths. This 2,112 square foot home was built in 1890 on a lot size of 0.06.

Investors - Fully rented 3-unit property close to UAlbany. ROP current through 2027. Downstairs are two 1-bedroom units, upstairs is a 3-bedroom unit. Laundry room/area in the enclosed back porch on the first floor accessible for all units.

Multi-Family Pending

Price

^$ 305,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,248

Style

Lot Size

0.06

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202523546

Features

General

Sewer Public Sewer

Heating Hot Water Natural Gas

Cooling None

Possession Subject To Tenant Rights At Closing

Garage Spaces 0.0

Patio/Porch Features Rear Porch Enclosed

Architectural Style Other

Construction Materials Aluminum Siding Vinyl Siding

Year Built 1890

Electric 100 Amp Service

Tenant Pays Hot Water Internet Cable TV

View None

Property Subtype Triplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Attached Garage N

Full Baths 3

Status Pending

Buyer Financing Conventional

Directions Madison to Partridge to Hamilton

High School Albany

City Albany

High School District Albany

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 2613.6

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 2248.4

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 0

Tax Lot 69.000

Interior

Basement Unfinished

Flooring Vinyl Hardwood

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 2112.0

Half Baths 0

Laundry Features Common Area Laundry Room Main Level

Total Bedrooms 5

Below Grade Finished Area 0.0

Below Grade Finished Area Source CRS

Above Grade Finished Area Source CRS

Total Baths 3

Exterior

Exterior Amenities None

Parking Features None

Water Source Public

Lot Size Area 0.06

Spa N

Lot Size Acres 0.06

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 531

* Excluded Features

List By

Wendy Towers

Listing Agent

Redway Realty Llc

Broker

wtowers@redwayrealty.com

Affordability Calculator

$2,065

Per Month

Monthly Principal & Interest: $1,878
Monthly Property Taxes: $187
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$461,978

Percent of Sale Price 51%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/9/2025	$305,000		Listed Price

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531 Hamilton Street, Albany, NY, 12203 is a Multi-Family Home for sale at $305,000 with 2,112 sqft and a lot size of 0.06. 531 Hamilton Street has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 12203 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 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 is updated as of 1/18/2026.

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531 Hamilton Street

Multi-Family Home for sale in Albany, NY

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