1061 Madison Avenue
Albany, NY 12208
5
Bed
2
Bath
2,050Sqft
0.08Acre(Lot)
Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit lease ending August 1st and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers fl
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Flooring Information
Tile, Hardwood, Laminate -
Roofing Information
Asphalt -
Interior Features
Built-in Features Roof: Asphalt Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Patio And Porch Features: Front Porch Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 33x100 Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8 Lot Description: Level
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Listing Price Information
Listing Price: $239900 Original Price: $250000
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Tax Information
Parcel Number: 010100 64.59-2-17 Tax Lot: 17.000 Tax Block: 2 Annual Tax: $6520.31
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Parking Information
None, No Garage
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School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Cable Available, Sewer Connected -
Location Information
Direction: Madison Ave between Main and West Lawrence WaterSource: Public Security Features: Carbon Monoxide Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4 New Scotland Avenue, Albany, NY, 12208 | $399,000 | 6 | 3 | 1,920 | 1,920 SqFt |
| 250 Yates Street, Albany, NY, 12208 | $289,000 | 6 | 3 | 2,640 | 2,640 SqFt |
| 811 Madison Avenue, Albany, NY, 12208 | $1,800,000 | 24 | 13 | 8,592 | 8,592 SqFt |
| 637 Myrtle Avenue, Albany, NY, 12208 | $319,000 | 6 | 2 | 2,296 | 2,296 SqFt |
| 865 Madison Avenue, Albany, NY, 12208 | $519,900 | 9 | 7 | 5,298 | 5,298 SqFt |
| 17 Lawnridge Avenue #17.., Albany, NY, 12208 | $525,000 | 3 | 2 | 2,808 | 2,808 SqFt |
| 511 Morris Street, Albany, NY, 12208 | $274,900 | 5 | 2 | 2,103 | 2,103 SqFt |
| 88 Woodlawn Avenue, Albany, NY, 12208 | $299,000 | 6 | 2 | 2,228 | 2,228 SqFt |
| 466 Ontario Street, Albany, NY, 12208 | $239,900 | 3 | 2 | 1,200 | 1,200 SqFt |
| 447 Ontario Street, Albany, NY, 12208 | $349,900 | 6 | 2 | 2,200 | 2,200 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/27/2026 @ 13:43
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