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865 Madison Avenue, Albany, NY 12208

Albany
Local realty services provided by:CENTURY 21 Adirondacks
865 Madison Avenue,Albany, NY 12208
$499,900
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  • 9 Beds
  • 7 Baths
  • 5,298 sq. ft.
  • Multi-family
  • Active
Listed by: philip w wagner
Office: wagner real estate group
MLS#:202613988
Source:Global MLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$94.36

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:202613988
  • Added:124 day(s) ago
  • Updated:July 29, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Full bathrooms:7
  • Flooring:Hardwood, Vinyl
  • Basement Description:Unfinished
  • Living area:5,298 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas, Radiant

Structure and exterior

  • Roof:Asbestos Shingle, Rubber
  • Year built:1900
  • Building area:5,298 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Aluminum Siding, Clapboard, Vinyl Siding
  • Exterior Features:Porch

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$94.36
  • Tax amount:$9,166

Parking

  • Total parking spaces:4
  • Parking description:Detached, Garage, Off Street
  • Garage:Yes
  • Garage spaces:4
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Angela Brown

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