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  • $367,000

    138 Lancaster Street, Albany, NY 12210

    5beds
    2,511sqft
    Triplex, Multi Family
    Built in 1861
    -- sqft lot
    $421,500 Zestimate®
    $146/sqft
    $1,759 Estimated rent

    Home value

    $421,500

    $400,000 - $443,000

    $1,759/mo

    Zestimate® history
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    $2,591/mo

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    $2,591/mo

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    What's special

    Excellent opportunity to own a beautiful turn key multi unit in the heart of center square. Three units ready for it's next long term or short-term tenants that will provide great monthly cash flow. Amazing Air-BNB potential that is walking distance to many of the cities amenities, attractions and large places of employment. (State Buildings, Downtown UALBANY Campus, Albany Medical, Albany Law and Albany Pharmacy) Lovely private court yard in rear. A quick bike ride to downtown Albany for environmentally conscious commuter. This property would be a great addition to an existing portfolio or the first time investor.

    Zillow last checked:

    Listing updated:

    Listed by:

    David M Schrepper 518-330-4209,

    Re Max Solutions

    Bought with:

    Kyle Chadwick, 10491212067

    Premier Homes Elite Realty LLC

    Source: Global MLS,MLS#: 202418314MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Hot Water, Natural Gas
    Cooling
    • None
    Features
    • High Speed Internet
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Basement: Apartment,Finished,Full,Heated
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 2,511
    • Total interior livable area: 2,511 sqft
    • Finished area above ground: 2,511

    Property

    Parking
    • Parking features: None
    Features
    • Patio & porch: Patio
    • Exterior features: None
    • Fencing: Back Yard,Chain Link
    Lot
    • Size: 2,178 Square Feet
    • Features: Level, Cleared
    Details
    • Parcel number: 010100 76.24670
    • Zoning description: Multi Residence
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Rolled/Hot Mop,Flat,Rubber,Asphalt
    Condition
    • Year built: 1861

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Fire Escape, Smoke Detector(s), Carbon Monoxide Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $326,042
    • Annual tax amount: $10,650
    • Date on market: 5/30/2024
    • Tenant pays: Internet, Electricity

    Price history

    DateEventPrice
    10/2/2026Listing removed$435,000$173/sqft
    Source: Global MLS #202614240 Report a problem
    5/25/2026Listing removed$1,200
    Source: Zillow Rentals Report a problem
    5/18/2026Price change$435,000-3.3%$173/sqft
    Source: Global MLS #202614240 Report a problem
    5/2/2026Listed for rent$1,200+14.3%
    Source: Zillow Rentals Report a problem
    4/4/2026Listing removed$1,050
    Source: Zillow Rentals Report a problem
    4/1/2026Listed for sale$450,000+22.6%$179/sqft
    Source: Global MLS #202614240 Report a problem
    3/25/2026Listed for rent$1,050-8.7%
    Source: Zillow Rentals Report a problem
    9/6/2025Listing removed$1,150
    Source: Zillow Rentals Report a problem
    8/24/2025Listed for rent$1,150+4.5%
    Source: Zillow Rentals Report a problem
    10/5/2024Listing removed$1,100
    Source: Zillow Rentals Report a problem
    9/27/2024Price change$1,100-4.3%
    Source: Zillow Rentals Report a problem
    8/30/2024Price change$1,150-8%
    Source: Zillow Rentals Report a problem
    8/26/2024Price change$1,250-3.8%
    Source: Zillow Rentals Report a problem
    8/4/2024Listed for rent$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    6/24/2024Sold$367,000-0.8%$146/sqft
    Source: Global MLS #202418314 Report a problem
    5/30/2024Pending sale$369,900+2.8%$147/sqft
    Source: Global MLS #202418314 Report a problem
    4/12/2024Listing removed--
    Source: Global MLS #202414042 Report a problem
    4/6/2024Pending sale$359,900$143/sqft
    Source: Global MLS #202414042 Report a problem
    3/23/2024Listed for sale$359,900+80.9%$143/sqft
    Source: Global MLS #202414042 Report a problem
    1/16/2004Sold$199,000+65.8%$79/sqft
    Source: Global MLS #10000008 Report a problem
    3/19/2001Sold$120,000$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $313,000
    2024-- $313,000 +28.3%
    2023-- $244,000
    2022-- $244,000
    2021-- $244,000
    2020-- $244,000
    2019-- $244,000
    2018-- $244,000
    2017$9,387 -1.9%$244,000
    2016$9,564 $244,000 -3.7%
    2015-- $253,500
    2014-- $253,500
    2013-- $253,500
    2012-- $253,500
    2011-- $253,500
    2010-- $253,500
    2009-- $253,500
    2008-- $253,500
    2007-- $253,500 +111.3%
    2006-- $120,000
    2005-- $120,000
    2004-- $120,000
    2003-- $120,000 +1.7%
    2002-- $118,000
    2001-- $118,000
    2000-- $118,000
    Find assessor info on the county website

    Neighborhood: Center Square

    Nearby schools

    GreatSchools rating
    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.