492 Madison Avenue Albany, NY ^$ 325,000

492 Madison Avenue

^$ 325,000

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Recently Listed

492 Madison Avenue

Albany, NY, 12208

^$ 325,000

Bedrooms3 Baths2.1 Sq 2,995

Monthly Estimate*

^$ 2,001

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Multi-Family Home for sale in Albany, NY

for $325,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,995 square foot home was built in 1875 on a lot size of 0.04.

Come tour this move in ready Albany two-family home that is ready for you to owner occupy or start your investment portfolio with a tenant of your choice. You will be delighted by the high ceilings, crown molding, 3 decorative fireplaces and access to the fenced backyard from all three levels! Each unit includes dishwasher, washer and dryer. Situated directly across the street from Historic Washington Park and a few blocks from Albany Medical Center this is the perfect opportunity to enjoy all that the City of Albany has to offer.

Multi-Family Active

Price

^$ 325,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 8,750

Style

Duplex

Lot Size

0.04

Year Built

1875

Town/City

Albany

County/Region

Albany

MLS | Web ID

202610219

Features

Interior

Interior Amenities Built-in Features Crown Molding

Basement None

Flooring Wood

Total Fireplaces 3

Fireplace Features Bedroom Dining Room Living Room

Basement (Y/N) N

Heating Y/N Y

Window Features Screens Shutters Window Coverings Curtain Rods

Fireplace Y/N Y

Above Grade Finished Area 2995.0

Half Baths 1

Laundry Features In Bathroom Laundry Room

Total Bedrooms 3

Below Grade Finished Area 0.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Total Baths 3

General

Sewer Public Sewer

Heating Steam Natural Gas

Utilities Cable Available

Possession At Closing

Roof Flat Rubber

Zoning Multi Residence

Garage Spaces 0.0

Patio/Porch Features Rear Porch Deck

Construction Materials Brick

Year Built 1875

View City Downtown

Property Subtype Duplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Subdivision Name Washington Park

Full Baths 2

Status Active

Directions 492 Madison Ave is directly across the street from Washington Park and one block from Lark St

High School Albany

City Albany

High School District Albany

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 1742.4

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 8750.0

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

Virtual Tour https://walkthruphoto.info/Public/492-Madison-Ave-1-5-26/ https://walkthruphoto.info/Public/492-Madison-Ave-1-5-26/492-Madison-Ave-1-5-26.html

Structure Type Duplex Townhouse

Standard Status Active

Tax Assessed Value 0

Tax Lot 2.000

Exterior

Exterior Amenities Garden

Fencing Wood Back Yard Full Perimeter

Lot Features Level

Water Source Public

Total Parking 0.0

Lot Size Area 0.04

Foundation Details Brick/Mortar

Spa N

Lot Size Acres 0.04

Waterfront Y/N N

Door Features Atrium Door Storm Door(s)

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 492

* Excluded Features

List By

Maria Connally

Listing Agent

Berkshire Hathaway Home Services Blake

Broker

(518) 577-2974

Phone

mariaconnally@bhhsblake.com

Affordability Calculator

$2,730

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $729
Monthly Home Insurance: --

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Down Payment

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 ^$466,693

Percent of Sale Price 44%

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
1/7/2026	$325,000		Listed Price

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492 Madison Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $325,000 with 2,995 sqft and a lot size of 0.04. 492 Madison Avenue has 3 bedrooms, 2.1 baths, and was built in 1875. The property's zip code is 12208 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 1/11/2026.

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492 Madison Avenue

Multi-Family Home for sale in Albany, NY

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