137 4th Avenue Albany, NY ^$ 385,000

137 4th Avenue

^$ 385,000

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137 4th Avenue

Albany, NY, 12202

^$ 385,000

Bedrooms5 Baths3.0 Sq 2,880

Monthly Estimate*

^$ 2,402

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Multi-Family Home for sale in Albany, NY

for $385,000 with 5 bedrooms and 3 full baths. This 2,880 square foot home was built in 1869 on a lot size of 0.07.

Take advantage of this fantastic investment opportunity with this meticulously maintained three-unit brick building! Each unit is currently rented, providing immediate income potential. Located in a desirable neighborhood of Albany, this property features: - Three Spacious Units: Each unit includes comfortable living spaces, ample natural light, and functional layouts, making them highly appealing to renters. - Solid Brick Construction: Durable and low-maintenance, ensuring long-lasting value. - Strong Rental History: All units are currently rented, providing a steady income stream from day one. - Convenient Location: Close to public transportation, local amenities, and major roadways, making it easy for tenants to commute and enjoy the vibrant city life. A solid income property

Multi-Family Active

Price

^$ 385,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,536

Style

Traditional

Lot Size

0.07

Year Built

1869

Town/City

Albany

County/Region

Albany

MLS | Web ID

202519598

Features

General

Sewer Public Sewer

Heating Ductless Natural Gas

Utilities Cable Available

Possession At Closing

Roof Rubber

Garage Spaces 0.0

Patio/Porch Features Pressure Treated Deck Deck

Architectural Style Traditional

Security Features Security System Owned Security Gate Security Lights Smoke Detector(s) 24 Hour Security Carbon Monoxide Detector(s) Closed Circuit Camera(s)

Construction Materials Brick

Year Built 1869

Tenant Pays Hot Water Heat Electricity Gas

Property Subtype Triplex

Ownership Sherwin McCarthy

County Albany

New Construction N

Property Type MultiFamily

HOA N

Subdivision Name South End

Full Baths 3

Status Active

Directions From Downtown - 787off South Pearl St onto 4th Ave. From Uptown off Morton Ave Right onto Elizabeth St then Left onto 4th Ave

High School Albany

City Albany

High School District Albany

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 3049.2

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 3536.0

Home Warranty Y/N N

Property Condition Updated/Remodeled

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 0

Interior

Basement Full

Fireplace Features Bedroom Living Room

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N Y

Above Grade Finished Area 2880.0

Half Baths 0

Laundry Features Washer Hookup

Total Bedrooms 5

Below Grade Finished Area 3232.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Total Baths 3

Exterior

Exterior Amenities Garden

Fencing Security Back Yard Fenced Full Gate

Lot Features Private Garden

Water Source Public

Lot Size Area 0.07

Spa N

Lot Dimensions 3232 sq ft

Lot Size Acres 0.07

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 137

* Excluded Features

List By

George Yhap

Listing Agent

Exp Realty

Broker

(518) 545-9809

Phone

GeorgeWYhap@gmail.com

Affordability Calculator

$2,697

Per Month

Monthly Principal & Interest: $2,402
Monthly Property Taxes: $295
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$458,116

Percent of Sale Price 19%

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
6/15/2025	$385,000		Listed Price

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137 4th Avenue, Albany, NY, 12202 is a Multi-Family Home for sale at $385,000 with 2,880 sqft and a lot size of 0.07. 137 4th Avenue has 5 bedrooms, 3.0 baths, and was built in 1869. The property's zip code is 12202 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/23/2025.

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137 4th Avenue

Multi-Family Home for sale in Albany, NY

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