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!
Pending
Price cut: $10.1K (5/27)
$239,900
1061 Madison Avenue, Albany, NY 12208
5beds
2,050sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$237,800 Zestimate®
$117/sqft
$-- HOA
What's special
High ceilingsHardwood floorsFenced-in backyardPractical functional layout
- 70 days |
- 49 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Miranda Real Estate Group Inc 518-348-2060,
Christopher Maley 518-698-5669
Source: Global MLS,MLS#: 202616661
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: $117/sqft
- Tax assessed value: $231,250
- Annual tax amount: $6,520
- Date on market: 5/7/2026
- Tenant pays: Electricity, Gas
Estimated market value
$237,800
$226,000 - $250,000
$2,413/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Contingent | $239,900$117/sqft |
Source: NY State MLS #11743136 Report a problem | ||
| 5/31/2026 | Pending sale | $239,900$117/sqft |
Source:  Global MLS #202616661 Report a problem | ||
| 5/27/2026 | Price change | $239,900-4%$117/sqft |
Source: Global MLS #202616661 Report a problem | ||
| 5/7/2026 | Listed for sale | $250,000+25%$122/sqft |
Source: Global MLS #202616661 Report a problem | ||
| 5/24/2019 | Sold | $200,000+14.3%$98/sqft |
Source: Public Record Report a problem | ||
| 4/7/2018 | Listing removed | $174,997$85/sqft |
Source: Miranda Real Estate Group Inc #10386752 Report a problem | ||
| 4/7/2018 | Listed for sale | $174,997+2.9%$85/sqft |
Source: Miranda Real Estate Group Inc #10386752 Report a problem | ||
| 4/5/2018 | Sold | $170,000-2.9%$83/sqft |
Source: Global MLS #201707572 Report a problem | ||
| 11/9/2017 | Pending sale | $174,997$85/sqft |
Source: Miranda Real Estate Group Inc #201707572 Report a problem | ||
| 10/9/2017 | Price change | $174,997-2.8%$85/sqft |
Source: Miranda Real Estate Group Inc #201707572 Report a problem | ||
| 8/1/2017 | Price change | $179,997-5.3%$88/sqft |
Source: Miranda Real Estate Group Inc #201707572 Report a problem | ||
| 6/17/2017 | Price change | $189,997-2.6%$93/sqft |
Source: Miranda Real Estate Group Inc #201707572 Report a problem | ||
| 5/1/2017 | Price change | $194,9970%$95/sqft |
Source: Miranda Real Estate Group Inc #201707572 Report a problem | ||
| 3/10/2017 | Price change | $195,000-1.3%$95/sqft |
Source: Yankee Realty, Inc. #201607421 Report a problem | ||
| 12/6/2016 | Price change | $197,500-1%$96/sqft |
Source: Yankee Realty, Inc. #201607421 Report a problem | ||
| 7/9/2016 | Price change | $199,500-5.9%$97/sqft |
Source: Yankee Realty, Inc. #201607421 Report a problem | ||
| 4/20/2016 | Listed for sale | $212,000+12.2%$103/sqft |
Source: Yankee Realty, Inc. #201607421 Report a problem | ||
| 7/24/2015 | Sold | $189,000-10%$92/sqft |
Source: Global MLS #201508092 Report a problem | ||
| 5/30/2015 | Pending sale | $210,000$102/sqft |
Source: Gucciardo Real Estate LLC #201508092 Report a problem | ||
| 4/30/2015 | Listed for sale | $210,000-7.5%$102/sqft |
Source: Gucciardo Real Estate LLC #201508092 Report a problem | ||
| 3/22/2015 | Listing removed | $227,000$111/sqft |
Source: Owner Report a problem | ||
| 9/13/2014 | Price change | $227,000-1.1%$111/sqft |
Source: Owner Report a problem | ||
| 9/4/2014 | Listed for sale | $229,500+15%$112/sqft |
Source: Owner Report a problem | ||
| 7/21/2013 | Listing removed | $199,500$97/sqft |
Source: Owner Report a problem | ||
| 6/28/2013 | Listed for sale | $199,500-10.7%$97/sqft |
Source: Owner Report a problem | ||
| 11/23/2011 | Listing removed | $223,500$109/sqft |
Source: Listhub #201121230 Report a problem | ||
| 6/18/2011 | Listed for sale | $223,500+34.6%$109/sqft |
Source: Willie Miranda Report a problem | ||
| 10/30/2006 | Sold | $166,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Climate risks
Neighborhood: Pine Hills
Nearby schools
GreatSchools rating
- 4/10Pine Hills Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 2.5 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.4 mi
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.
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