Prime SRO Investment Opportunity
Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead.
Consistent Cash Flow
This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income.
Unbeatable Location
Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals.
Academic & Medical Hub
Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience.
Key Features
• 11 rentable units across 12 rooms
• One studio with private kitchen
• Shared kitchen for remaining units
• Always rented, high demand
• Walkable to transit, schools, and healthcare
Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.
Active
$375,000
145 Quail Street, Albany, NY 12206
12beds
2,184sqft
Multi Family, Apartment
Built in 1915
-- sqft lot
$365,200 Zestimate®
$172/sqft
$-- HOA
What's special
- 347 days
- 134
- 5
Zillow last checked:
Listing updated:
Listed by:
eXp Realty 518-663-6315,
Michael R Garvin 518-888-2313
Source: Global MLS,MLS#: 202528827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Features
- High Speed Internet
- Flooring: Tile, Wood
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,184
- Total interior livable area: 2,184 sqft
- Finished area above ground: 2,184
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Exterior features: None
Lot
- Size: 2,178 Square Feet
- Features: Level
Details
- Parcel number: 010100 65.54248 01
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Rubber
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Downtown Albany
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $8,050
- Date on market: 11/1/2025
Estimated market value
$365,200
$347,000 - $383,000
$1,713/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2025 | Listed for sale | $375,000+70.5%$172/sqft |
Source: | ||
| 7/7/2022 | Sold | $220,000-2.2%$101/sqft |
Source: | ||
| 2/21/2022 | Pending sale | $224,900$103/sqft |
Source: | ||
| 1/26/2022 | Listed for sale | $224,900$103/sqft |
Source: | ||
| 12/29/2021 | Listing removed | -- |
Source: | ||
| 11/5/2021 | Price change | $224,900-4.3%$103/sqft |
Source: | ||
| 10/8/2021 | Listed for sale | $234,900-2.1%$108/sqft |
Source: | ||
| 2/8/2021 | Price change | $239,900-2%$110/sqft |
Source: | ||
| 9/19/2020 | Price change | $244,900-9.3%$112/sqft |
Source: Empire Real Estate Mgmt, LLC #202028628 Report a problem | ||
| 8/21/2020 | Price change | $269,900-5.3%$124/sqft |
Source: Empire Real Estate Mgmt, LLC #202022899 Report a problem | ||
| 7/31/2020 | Price change | $284,900-4.7%$130/sqft |
Source: Empire Real Estate Mgmt, LLC #202022899 Report a problem | ||
| 7/17/2020 | Listed for sale | $299,000$137/sqft |
Source: Empire Real Estate Mgmt, LLC #202022899 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 12206
Nearby schools
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.




