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238 Ontario Street Albany, NY $ 239,000
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$ 239,000 Get more info
238 Ontario Street
$ 239,000
Back to search
Share Save

238 Ontario Street

Albany, NY, 12203
$ 239,000
Bedrooms6 Baths3.0 Sq 2,244

Monthly Estimate*

$ 1,472

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Multi-Family Home for sale in Albany, NY

for $239,000 with 6 bedrooms and 3 full baths. This 2,244 square foot home was built in 1890 on a lot size of 0.04.

Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 9.37% + cap rate, making it an excellent opportunity for investors seeking reliable income. The basement unit is currently vacant, offering immediate upside potential or flexibility for an owner-occupant. Conveniently located just eight minutes from the nearest bus stop, providing easy access to campus and surrounding amenities. A solid investment opportunity with proven performance in a high-demand rental market. First floor vacant, second floor lease 12/19/24 - 12/29/26, top floor lease 7/1/22 - 6/27/26 Can be packaged with 3-unit 558 Washington Ave or sold separately.

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Multi-Family Active

Price

$ 239,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,741

Style

Traditional

Lot Size

0.04

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202610430
Features
General
Sewer Public Sewer
Heating Baseboard Hot Water Natural Gas
Possession At Closing
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1890
Property Subtype Triplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 3
Status Active
Directions Continue on Quail St for about 0.4 miles. Turn right onto Ontario St. Continue straight — 238 Ontario St will be on your left.
High School Albany
City Albany
High School District Albany
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 1742.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6741.88
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://app.doaudiotours.com/unbranded?id=16741&lang=en-US https://app.doaudiotours.com/branded?id=16741&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 28.000
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Interior
Basement Finished
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2244.0
Half Baths 0
Total Bedrooms 6
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 3
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Exterior
Exterior Amenities None
Water Source Public
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 238
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* Excluded Features
List By
Daniel Odabashian

Listing Agent

New Scotland Realty

Broker

(917) 650-1387

Phone

dan@newscotlanddevelopment.com

Email

Affordability Calculator

$2,033
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,472
Monthly Property Taxes
$562
Monthly 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
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2026$239,000 -4.02% Price Down
2/10/2026$249,000 -4.23% Price Down
1/12/2026$260,000 Listed Price

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238 Ontario Street, Albany, NY, 12203 is a Multi-Family Home for sale at $239,000 with 2,244 sqft and a lot size of 0.04. 238 Ontario Street has 6 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 12203 which is in Albany, NY

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