318 1st Street Albany, NY ^$ 230,000

318 1st Street

^$ 230,000

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Recently Listed

318 1st Street

Albany, NY, 12206

^$ 230,000

Bedrooms5 Baths3.0 Sq 2,100

Monthly Estimate*

^$ 1,416

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Multi-Family Home for sale in Albany, NY

for $230,000 with 5 bedrooms and 3 full baths. This 2,100 square foot home was built in 1920 on a lot size of 0.05.

.Calling all investors! Great opportunity to add to your portfolio Down stairs ( basement) 1 bedroom, 1 bath. Apt 2 -2 story with 1 bedroom on 1st floor and 3 bedrooms upstairs and 2 bathrooms . Separate utilities. Great income potential.

Multi-Family Active

Price

^$ 230,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,400

Style

Lot Size

0.05

Year Built

1920

Town/City

Albany

County/Region

Albany

MLS | Web ID

202618219

Features

General

Sewer Public Sewer

Heating Baseboard Natural Gas

Cooling Wall Unit(s) None

Possession At Closing

Roof Rubber

Garage Spaces 0.0

Architectural Style Other

Pool Features Other

Construction Materials Brick Wood Siding

Year Built 1920

Tenant Pays Hot Water Heat Internet Cable TV Electricity Gas

Property Subtype Duplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Full Baths 3

Status Active

Directions Henry Johnson Blvd to 2nd st to Judson st to 1st st

High School Albany

City Albany

High School District Albany

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 2178.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 3400.79

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=23422&lang=en-US

Standard Status Active

Tax Assessed Value 0

Tax Lot 10.000

Interior

Basement Apartment

Flooring Vinyl Laminate

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 2100.0

Half Baths 0

Laundry Features Gas Dryer Hookup Washer Hookup

Total Bedrooms 5

Below Grade Finished Area 1050.0

Below Grade Finished Area Source CRS

Above Grade Finished Area Source CRS

Total Baths 3

Exterior

Exterior Amenities None

Fencing Back Yard

Water Source Public

Lot Size Area 0.05

Spa N

Lot Size Acres 0.05

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 318

* Excluded Features

List By

Karen Heath

Listing Agent

Tailored Real Estate Group

Broker

(518) 424-2087

Phone

karenheath10@gmail.com

Affordability Calculator

$1,699

Per Month

Monthly Principal & Interest: $1,416
Monthly Property Taxes: $283
Monthly Home Insurance: --

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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 ^$351,969

Percent of Sale Price 53%

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
5/28/2026	$230,000		Listed Price

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318 1st Street, Albany, NY, 12206 is a Multi-Family Home for sale at $230,000 with 2,100 sqft and a lot size of 0.05. 318 1st Street has 5 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 12206 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 6/13/2026.

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318 1st Street

Multi-Family Home for sale in Albany, NY

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