865 Madison Avenue
Albany, NY 12208
9
Bed
7
Bath
5,298Sqft
0.13Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 7 Full Baths: 7Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Vinyl, Hardwood -
Roofing Information
Rubber, Asbestos Shingle -
Interior Features
Roof: Rubber, Asbestos Shingle -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Radiant, Natural Gas Cooling: None
-
Building Information
Year Built: 1900 Construction Materials: Aluminum Siding, Clapboard, Vinyl Siding Patio And Porch Features: Porch Private Pool: No -
Exterior Features
Exterior Features: None
-
Lot Information
Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8
-
Listing Price Information
Listing Price: $529900 Original Price: $679900
-
Tax Information
Parcel Number: 010100 65.61-4-26 Tax Lot: 26.000 Tax Block: 4 Annual Tax: $9166.13
-
Parking Information
Parking Total: 4 Off Street, Detached, GarageGarage Information
Has Garage: Yes Garage Space: 4
-
School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Sewer Connected -
Location Information
Direction: Take I-787 S, Take exit 3B toward Port of Albany/US-20 W/Madison Ave., Continue on Madison Ave. WaterSource: Public
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 |
|---|---|---|---|---|---|
| 22 Morris Street, Albany, NY, 12208 | $315,000 | 6 | 2 | 2,524 | 2,524 SqFt |
| 69 Dana Avenue, Albany, NY, 12208 | $254,900 | 6 | 2 | 1,938 | 1,938 SqFt |
| 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 |
| 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 |
| 447 Ontario Street, Albany, NY, 12208 | $349,900 | 6 | 2 | 2,200 | 2,200 SqFt |
Similar Multifamily To 865 Madison 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 06/15/2026 @ 23:45
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 $529,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.