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500 Washington Avenue Albany, NY $ 275,000
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$ 275,000 Get more info
500 Washington Avenue
$ 275,000
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500 Washington Avenue

Albany, NY, 12203
$ 275,000
Bedrooms6 Baths2.0 Sq 1,920

Monthly Estimate*

$ 1,693

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Multi-Family Home for sale in Albany, NY

for $275,000 with 6 bedrooms and 2 full baths. This 1,920 square foot home was built in 1900 on a lot size of 0.04.

Whether you're an investor building your portfolio or an owner occupant seeking rental income to offset your mortgage, this property checks all the boxes. Perfectly positioned on Washington Avenue, this income-generating duplex offers the ideal blend of location, versatility, and cash flow. Upgrades completed in the last three years include new bathrooms and flooring. A new, high-efficiency boiler was installed in December 2025. With SUNY Albany, Albany Medical Center, and major employers nearby, rental demand stays consistently strong year-round.

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Multi-Family Active

Price

$ 275,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,435

Style

Traditional

Lot Size

0.04

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202610924
Features
Interior
Interior Amenities High Speed Internet Built-in Features
Basement Full
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 1920.0
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 6
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling None
Utilities Cable Available
Possession Subject To Tenant Rights At Closing
Roof Rubber
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays Hot Water Heat Internet Electricity
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 2
Status Active
Directions Washington Ave between North Lake and Quail.
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 3435.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Concessions Yes
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 11.000
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Exterior
Exterior Amenities None
Fencing Fenced
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 1 500
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* Excluded Features
List By
Peter Melito

Listing Agent

Akoma Realty Services Llc

Broker

(518) 461-8435

Phone

petermelito@gmail.com

Email

Affordability Calculator

$1,979
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$286
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
1/22/2026$275,000 Listed Price

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500 Washington Avenue, Albany, NY, 12203 is a Multi-Family Home for sale at $275,000 with 1,920 sqft and a lot size of 0.04. 500 Washington Avenue has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 12203 which is in Albany, NY

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