Attention Investors! Seize this turnkey investment opportunity in Albany's thriving Pine Hills neighborhood. This fully renovated triplex at 221 Myrtle Ave combines modern upgrades with a prime location, delivering strong rental potential with an estimated gross annual rent roll of $56,400. Perfect for investors or owner-occupants seeking rental income in a high-demand market.
Situated in the heart of Pine Hills and minutes from Albany Medical Center, SUNY Albany, and downtown Albany's vibrant Lark Street. Residents enjoy proximity to local gems including restaurants, shopping and entertainment.
Closed
$299,000
221 Myrtle Avenue, Albany, NY 12202
7beds
2,340sqft
Triplex, Multi Family
Built in 1940
-- sqft lot
$313,700 Zestimate®
$128/sqft
$1,692 Estimated rent
Home value
$313,700
$276,000 - $358,000
$1,692/mo
Zestimate® history
Owner options
List your home for rent
$1,692/mo
Rent Zestimate®
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$1,692/mo
Rent Zestimate®
Refinance and save
$2,010/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,010/mo
Est. payment
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List your homeWhat's special
Modern upgradesFully renovated triplex
Zillow last checked:
Listing updated:
Listed by:
Nedim Alivodic 518-577-4034,
Laviano & Associates Real Estate Group
Bought with:
Connor Dougherty, 10401354866
Core Real Estate Team
Source: Global MLS,MLS#: 202522678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Space Heater, Natural Gas
Cooling
- None
Features
- Ceramic Tile Bath
- Flooring: Vinyl, Ceramic Tile, Hardwood
- Basement: Full
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
- Finished area above ground: 2,340
- Finished area below ground: 0
Property
Features
- Patio & porch: Rear Porch
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 010100 76.31429
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Other
Condition
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $305,208
- Annual tax amount: $8,482
- Date on market: 7/29/2025
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Sold | $299,000$128/sqft |
Source:  Global MLS #202522678 Report a problem | ||
| 8/6/2025 | Pending sale | $299,000$128/sqft |
Source: Global MLS #202522678 Report a problem | ||
| 7/29/2025 | Listed for sale | $299,000$128/sqft |
Source: Global MLS #202522678 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $293,000 |
| 2024 | -- | $293,000 +1731.3% |
| 2023 | -- | $16,000 |
| 2022 | -- | $16,000 |
| 2021 | -- | $16,000 |
| 2020 | -- | $16,000 |
| 2019 | -- | $16,000 |
| 2018 | -- | $16,000 |
| 2017 | $791 -28.1% | $16,000 |
| 2016 | $1,101 | $16,000 -46.7% |
| 2015 | -- | $30,000 |
| 2014 | -- | $30,000 |
| 2013 | -- | $30,000 |
| 2012 | -- | $30,000 |
| 2011 | -- | $30,000 |
| 2010 | -- | $30,000 |
| 2009 | -- | $30,000 |
| 2008 | -- | $30,000 +500% |
| 2007 | -- | $5,000 -88.9% |
| 2006 | -- | $45,000 |
| 2005 | -- | $45,000 |
| 2004 | -- | $45,000 |
| 2003 | -- | $45,000 |
| 2002 | -- | $45,000 |
| 2001 | -- | $45,000 |
| 2000 | -- | $45,000 |
Find assessor info on the county website
Neighborhood: Hudson/Park
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Nearby schools
GreatSchools rating
- 1/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.4 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.
- New York
- Albany County
- Albany
- 12202
- Hudson/Park
- 221 Myrtle Avenue
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