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  • $230,000

    1061 Madison Avenue, Albany, NY 12208

    5beds
    2,050sqft
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $230,100 Zestimate®
    $112/sqft
    $1,872 Estimated rent

    Home value

    $230,100

    $219,000 - $242,000

    $1,872/mo

    Zestimate® history
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    $1,872/mo

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    $1,685/mo

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    What's special

    High ceilingsHardwood floorsFenced-in backyardPractical functional layout
    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 flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Maley 518-698-5669,

    Miranda Real Estate Group Inc

    Bought with:

    Ruby Karn, 10401313589

    Berkshire Hathaway Home Services Blake

    Carr Property Partners Team

    Berkshire Hathaway Home Services Blake

    Source: Global MLS,MLS#: 202616661MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Built-in Features
    • Flooring: Tile, Hardwood, Laminate
    • Doors: Sliding Doors
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,050
    • Total interior livable area: 2,050 sqft
    • Finished area above ground: 2,050
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • Patio & porch: Front Porch
    • Exterior features: None
    • Fencing: Wood,Back Yard
    Lot
    • Size: 3,484 Square Feet
    • Features: Level
    Details
    • Parcel number: 010100 64.59217
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 150 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $112/sqft
    • Tax assessed value: $231,250
    • Annual tax amount: $6,520
    • Date on market: 5/7/2026
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/17/2026Sold$230,000-4.1%$112/sqft
    Source: Global MLS #202616661 Report a problem
    6/1/2026Contingent$239,900$117/sqft
    Source: NY State MLS #11743136 Report a problem
    5/31/2026Pending sale$239,900$117/sqft
    Source: Global MLS #202616661 Report a problem
    5/27/2026Price change$239,900-4%$117/sqft
    Source: Global MLS #202616661 Report a problem
    5/7/2026Listed for sale$250,000+25%$122/sqft
    Source: Global MLS #202616661 Report a problem
    5/24/2019Sold$200,000+14.3%$98/sqft
    Source: Public Record Report a problem
    4/7/2018Listing removed$174,997$85/sqft
    Source: Miranda Real Estate Group Inc #10386752 Report a problem
    4/7/2018Listed for sale$174,997+2.9%$85/sqft
    Source: Miranda Real Estate Group Inc #10386752 Report a problem
    4/5/2018Sold$170,000-2.9%$83/sqft
    Source: Global MLS #201707572 Report a problem
    11/9/2017Pending sale$174,997$85/sqft
    Source: Miranda Real Estate Group Inc #201707572 Report a problem
    10/9/2017Price change$174,997-2.8%$85/sqft
    Source: Miranda Real Estate Group Inc #201707572 Report a problem
    8/1/2017Price change$179,997-5.3%$88/sqft
    Source: Miranda Real Estate Group Inc #201707572 Report a problem
    6/17/2017Price change$189,997-2.6%$93/sqft
    Source: Miranda Real Estate Group Inc #201707572 Report a problem
    5/1/2017Price change$194,9970%$95/sqft
    Source: Miranda Real Estate Group Inc #201707572 Report a problem
    3/10/2017Price change$195,000-1.3%$95/sqft
    Source: Yankee Realty, Inc. #201607421 Report a problem
    12/6/2016Price change$197,500-1%$96/sqft
    Source: Yankee Realty, Inc. #201607421 Report a problem
    7/9/2016Price change$199,500-5.9%$97/sqft
    Source: Yankee Realty, Inc. #201607421 Report a problem
    4/20/2016Listed for sale$212,000+12.2%$103/sqft
    Source: Yankee Realty, Inc. #201607421 Report a problem
    7/24/2015Sold$189,000-10%$92/sqft
    Source: Public Record Report a problem
    5/30/2015Pending sale$210,000$102/sqft
    Source: Gucciardo Real Estate LLC #201508092 Report a problem
    4/30/2015Listed for sale$210,000-7.5%$102/sqft
    Source: Gucciardo Real Estate LLC #201508092 Report a problem
    3/22/2015Listing removed$227,000$111/sqft
    Source: Owner Report a problem
    9/13/2014Price change$227,000-1.1%$111/sqft
    Source: Owner Report a problem
    9/4/2014Listed for sale$229,500+15%$112/sqft
    Source: Owner Report a problem
    7/21/2013Listing removed$199,500$97/sqft
    Source: Owner Report a problem
    6/28/2013Listed for sale$199,500-10.7%$97/sqft
    Source: Owner Report a problem
    11/23/2011Listing removed$223,500+34.6%$109/sqft
    Source: Listhub #201121230 Report a problem
    10/30/2006Sold$166,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $222,000
    2024-- $222,000 +17.5%
    2023-- $189,000
    2022-- $189,000
    2021-- $189,000
    2020-- $189,000
    2019-- $189,000
    2018-- $189,000
    2017$6,509 +12.3%$189,000
    2016$5,799 $189,000 +19.6%
    2015-- $158,000
    2014-- $158,000
    2013-- $158,000
    2012-- $158,000
    2011-- $158,000
    2010-- $158,000
    2009-- $158,000
    2008-- $158,000
    2007-- $158,000 +100.3%
    2006-- $78,900
    2005-- $78,900
    2004-- $78,900
    2003-- $78,900 -5.5%
    2002-- $83,500
    2001-- $83,500
    2000-- $83,500
    Find assessor info on the county website

    Neighborhood: Pine Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Albany

    Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.