Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments.
Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!
Active
Price cut: $19.1K (10/2)
$445,900
117 4th Avenue, Albany, NY 12202
10beds
3,835sqft
Triplex, Multi Family
Built in 1880
-- sqft lot
$440,700 Zestimate®
$116/sqft
$-- HOA
What's special
Modern bathroomsLow-maintenance brick exteriorAll-brick triplexUpdated kitchensFresh coat of paintIncredibly spacious apartmentsNewer windows
- 107 days
- 254
- 23
Zillow last checked:
Listing updated:
Listed by:
Carr Real Estate Group LLC 518-488-2434,
Richard Carr 518-488-2434
Source: Global MLS,MLS#: 202620596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- Window Unit(s)
Features
- Ceiling Fan(s), Built-in Features
- Flooring: Vinyl, Laminate
- Windows: Wood Frames, ENERGY STAR Qualified Windows
- Basement: Full,Interior Entry
- Number of fireplaces: 1
Interior area
- Total structure area: 3,835
- Total interior livable area: 3,835 sqft
- Finished area above ground: 3,835
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: Downtown
Lot
- Size: 2,178 Square Feet
- Features: Road Frontage, Corner Lot
Details
- Additional structures: None
- Parcel number: 010100 76.65256
- Zoning description: Multi Residence
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Flat,Rubber
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Single Phase, 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $91,667
- Annual tax amount: $2,130
- Date on market: 6/26/2026
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$440,700
$419,000 - $463,000
$2,314/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $445,900-4.1%$116/sqft |
Source: | ||
| 8/18/2026 | Price change | $465,000-4.1%$121/sqft |
Source: | ||
| 7/25/2026 | Price change | $484,900-3%$126/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $499,900+33.3%$130/sqft |
Source: | ||
| 10/25/2023 | Sold | $375,000$98/sqft |
Source: Public Record Report a problem | ||
| 8/10/2023 | Sold | $375,000$98/sqft |
Source: | ||
| 6/7/2023 | Pending sale | $375,000$98/sqft |
Source: | ||
| 5/30/2023 | Listed for sale | $375,000+341.2%$98/sqft |
Source: | ||
| 3/31/2021 | Sold | $85,000$22/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $88,000 |
| 2024 | -- | $88,000 +151.4% |
| 2023 | -- | $35,000 |
| 2022 | -- | $35,000 |
| 2021 | -- | $35,000 +3788.9% |
| 2020 | -- | $900 |
| 2019 | -- | $900 |
| 2018 | -- | $900 |
| 2017 | $619 +1754.7% | $900 |
| 2016 | $33 | $900 -40% |
| 2015 | -- | $1,500 -94.3% |
| 2014 | -- | $26,200 |
| 2013 | -- | $26,200 |
| 2012 | -- | $26,200 |
| 2011 | -- | $26,200 |
| 2010 | -- | $26,200 |
| 2009 | -- | $26,200 |
| 2008 | -- | $26,200 |
| 2007 | -- | $26,200 |
| 2006 | -- | $26,200 |
| 2005 | -- | $26,200 |
| 2004 | -- | $26,200 |
| 2003 | -- | $26,200 -25.1% |
| 2002 | -- | $35,000 |
| 2001 | -- | $35,000 |
| 2000 | -- | $35,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South End
Nearby schools
Schools provided by the listing agent
- Elementary: Giffen Memorial
- 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.







