3 Clare Avenue Albany, NY $ 265,000
3 Clare Avenue
$ 265,000
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3 Clare Avenue

Albany, NY, 12202
$ 265,000
Bedrooms4 Baths2.0 Sq 1,800

Monthly Estimate*

$ 1,632

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Multi-Family Home for sale in Albany, NY

for $265,000 with 4 bedrooms and 2 full baths. This 1,800 square foot home was built in 1975 on a lot size of 0.11.

Welcome to this rare side-by-side duplex at 3 Clare Ave, offering a turnkey investment opportunity in a prime Albany location. Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability. The duplex features two well-maintained units totaling 4 bedrooms and 2 bathrooms, each with its own private entrance. Thoughtfully laid out for tenant comfort and privacy, both apartments enjoy dedicated off-street parking and their own large backyard, an uncommon and highly desirable feature in a multi-family setting. The property has been carefully maintained with recent improvements that enhance both performance and longevity. Updates include a newer roof installed in 2022, an updated HVAC (water heater and furnace in 2025) system and appliances in one unit, and improvements to the backyard fencing. Both units are currently occupied by long-term tenants, providing immediate income and a true turnkey experience for the next owner. With a current rent roll of $2,539 per month, this property presents a compelling opportunity for investors seeking a low-maintenance asset in a strong rental market. Higher rents may be possible. Financials provided for informational purposes only; buyers to verify. For showings, 24-48 hour notice is required to schedule as both units are currently occupied. The listing agent has ownership interest in the property.

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Multi-Family Active

Price

$ 265,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,782

Style

Lot Size

0.11

Year Built

1975

Town/City

Albany

County/Region

Albany

MLS | Web ID

202610794

Features
General
Sewer Public Sewer
Heating Baseboard Natural Gas
Possession At Closing
Garage Spaces 0.0
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1975
Tenant Pays Internet Electricity Gas
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions GPS directions are accurate.
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4782.0
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
Standard Status Active
Tax Assessed Value 156000
Tax Lot 41.000
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Interior
Basement Slab
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 1800.0
Half Baths 0
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 1800.0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Exterior Amenities None
Fencing Wood Back Yard
Parking Features Off Street
Water Source Public
Total Parking 4.0
Lot Size Area 0.11
Foundation Details Slab
Spa N
Lot Size Acres 0.11
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 3
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* Excluded Features
List By
Hillary Kolos

Listing Agent

Compass Greater Ny, Llc

Broker

(703) 405-9818

Phone

hillary@upstatecurious.com

Email

Affordability Calculator

$2,030
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,632
Monthly Property Taxes
$399
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
Pricing History
DatePricePrice ChangeDescription
1/19/2026$265,000 Listed Price

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3 Clare Avenue, Albany, NY, 12202 is a Multi-Family Home for sale at $265,000 with 1,800 sqft and a lot size of 0.11. 3 Clare Avenue has 4 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 12202 which is in Albany, NY