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865 Madison Avenue Albany, NY $ 679,900
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865 Madison Avenue
$ 679,900
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865 Madison Avenue

Albany, NY, 12208
$ 679,900
Bedrooms9 Baths7.0 Sq 5,298

Monthly Estimate*

$ 4,186

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Multi-Family Home for sale in Albany, NY

for $679,900 with 9 bedrooms and 7 full baths. This 5,298 square foot home was built in 1900 on a lot size of 0.13.

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

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Multi-Family Active

Price

$ 679,900

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 9,166

Style

Apartment 4 Plus Unit

Lot Size

0.13

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202613988
Features
General
Sewer Public Sewer
Heating Baseboard Radiant Natural Gas
Cooling None
Possession At Closing
Roof Rubber Asbestos Shingle
Garage Spaces 4.0
Patio/Porch Features Porch
Architectural Style Apartment 4 Plus Unit
Construction Materials Aluminum Siding Clapboard Vinyl Siding
Year Built 1900
Tenant Pays Hot Water Heat Internet Electricity Gas
Property Subtype Multi Family
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 7
Status Active
Directions Take I-787 S Take exit 3B toward Port of Albany/US-20 W/Madison Ave. Continue on Madison Ave.
High School Albany
City Albany
High School District Albany
Number Of Units Total 7
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9166.13
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=18664&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 26.000
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Interior
Basement Unfinished
Flooring Vinyl Hardwood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 5298.0
Half Baths 0
Total Bedrooms 9
Below Grade Finished Area 2124.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 7
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Exterior
Exterior Amenities None
Parking Features Off Street Detached Garage
Water Source Public
Total Parking 4.0
Lot Size Area 0.13
Spa N
Lot Size Acres 0.13
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 1 865
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* Excluded Features
List By
Philip Wagner

Listing Agent

Wagner Real Estate Group

Broker

(518) 378-5741

Phone

pwagner518@gmail.com

Email

Affordability Calculator

$4,950
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,186
Monthly Property Taxes
$764
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
3/27/2026$679,900 Listed Price

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865 Madison Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $679,900 with 5,298 sqft and a lot size of 0.13. 865 Madison Avenue has 9 bedrooms, 7.0 baths, and was built in 1900. The property's zip code is 12208 which is in Albany, NY

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