587 Washington Avenue
Albany, NY 12206
6
Bed
2
Bath
2,438Sqft
0.08Acre(Lot)
Income-producing duplex featuring two 3-bedroom, 1-bath units with separate utilities. One unit is occupied by a long-term month-to-month tenant paying $1,500 per month, while the second unit is currently being marketed for lease at $1,600 per month. Separate utilities, public water and sewer, and off-street parking help keep operating expenses manageable. Conveniently located near downtown Albany, colleges, hospitals, shopping, restaurants, and major commuter routes. A solid investment opportunity with current income and future upside potential.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Ceramic Tile, Hardwood -
Roofing Information
Rubber -
Interior Features
Roof: Rubber Laundry Features: Laundry Room, Main Level -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Hot Water, Natural Gas Cooling: None
-
Building Information
Year Built: 1920 Construction Materials: Aluminum Siding, Vinyl Siding Patio And Porch Features: Rear Porch, Enclosed, Front Porch Private Pool: No -
Exterior Features
Exterior Features: None
-
Lot Information
Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8 Lot Description: Level
-
Listing Price Information
Listing Price: $275000
-
Tax Information
Parcel Number: 010100 65.53-1-49 Tax Lot: 49.000 Tax Block: 1 Annual Tax: $5590.54
-
Parking Information
Parking Total: 1 Off Street, Paved, Driveway
-
School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Cable Connected, Sewer Connected -
Location Information
Direction: Washington Ave between Partridge & Ontario WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 13 Lexington Avenue, Albany, NY, 12206 | $140,000 | 5 | 2 | 1,532 | 1,532 SqFt |
| 257 Elk Street, Albany, NY, 12206 | $180,000 | 6 | 2 | 1,452 | 1,452 SqFt |
| 290 3rd Street, Albany, NY, 12206 | $105,000 | 5 | 2 | 1,876 | 1,876 SqFt |
| 265 Elk Street, Albany, NY, 12206 | $119,000 | 6 | 2 | 1,672 | 1,672 SqFt |
| 300 3rd Street, Albany, NY, 12206 | $184,999 | 5 | 2 | 1,400 | 1,400 SqFt |
| 313 1st Street, Albany, NY, 12206 | $260,000 | 6 | 3 | 2,100 | 2,100 SqFt |
| 318 1st Street, Albany, NY, 12206 | $230,000 | 5 | 3 | 2,100 | 2,100 SqFt |
| 372 1st Street, Albany, NY, 12206 | $145,000 | 5 | 2 | 1,600 | 1,600 SqFt |
| 390 2nd Street, Albany, NY, 12206 | $115,000 | 4 | 2 | 1,720 | 1,720 SqFt |
| 402 2nd Street, Albany, NY, 12206 | $89,900 | 6 | 2 | 2,300 | 2,300 SqFt |
Similar Multifamily To 587 Washington Avenue
Nearby For Sale
© 2026 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. Copyright © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
ByOwner last updated this listing 06/19/2026 @ 09:58
More Cities with for Sale by Owner Homes
- Albany Homes For Sale By Owner
- Rensselaer Homes For Sale By Owner
- Glenmont Homes For Sale By Owner
- Loudonville Homes For Sale By Owner
- East Greenbush Homes For Sale By Owner
- Watervliet Homes For Sale By Owner
- Colonie Homes For Sale By Owner
- Wynantskill Homes For Sale By Owner
- West Sand Lake Homes For Sale By Owner
- Slingerlands Homes For Sale By Owner
- Troy Homes For Sale By Owner
- Delmar Homes For Sale By Owner
- Latham Homes For Sale By Owner
- Selkirk Homes For Sale By Owner
- Castleton on Hudson Homes For Sale By Owner
- Guilderland Homes For Sale By Owner
- Cohoes Homes For Sale By Owner
- Poestenkill Homes For Sale By Owner
- Feura Bush Homes For Sale By Owner
- Averill Park Homes For Sale By Owner
Homes around $275,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.