Excellent investment opportunity! Well maintained duplex located directly across from a park, offering strong rental appeal. Each unit offers 3 bedrooms & long term tenants providing reliable income from day one! Property includes a fenced backyard, rear porches and low property taxes helping maximize cash flow. Whether you're starting an investment portfolio or adding to an existing one, this income producing property is a smart addition with proven rental history.
Pending
$185,000
227 Colonie Street, Albany, NY 12210
6beds
2,668sqft
Duplex, Multi Family
Built in 1870
-- sqft lot
$179,200 Zestimate®
$69/sqft
$-- HOA
What's special
Rear porchesFenced backyard
- 18 days |
- 1,611 |
- 84 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Prime Properties 518-370-2100,
Casey L Close 518-221-6607
Source: Global MLS,MLS#: 202619879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 2,668
- Total interior livable area: 2,668 sqft
- Finished area above ground: 2,668
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Patio & porch: Rear Porch
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 010100 65.66116
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $138,542
- Annual tax amount: $1,905
- Date on market: 6/17/2026
Estimated market value
$179,200
$170,000 - $188,000
$1,671/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Pending sale | $185,000$69/sqft |
Source:  Global MLS #202619879 Report a problem | ||
| 6/17/2026 | Listed for sale | $185,000+311.1%$69/sqft |
Source: Global MLS #202619879 Report a problem | ||
| 10/6/2016 | Sold | $45,000-15.1%$17/sqft |
Source: Global MLS #201608597 Report a problem | ||
| 8/5/2016 | Listed for sale | $53,000-18.5%$20/sqft |
Source: Hunt Real Estate ERA #201608597 Report a problem | ||
| 8/22/2014 | Listing removed | $65,000$24/sqft |
Source: Keller Williams Realty Capital District #201329639 Report a problem | ||
| 9/27/2013 | Listed for sale | $65,000$24/sqft |
Source: Keller Williams Realty Capital District #201329639 Report a problem | ||
| 8/1/2013 | Listing removed | $65,000$24/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 6/13/2013 | Price change | $65,000-17.7%$24/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 5/7/2013 | Price change | $79,000-0.6%$30/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 2/21/2013 | Price change | $79,500-0.6%$30/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 5/23/2012 | Price change | $80,000-11.1%$30/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 4/7/2012 | Listed for sale | $90,000+172.7%$34/sqft |
Source: Keller Williams Realty Capital District #201210114 Report a problem | ||
| 5/8/2009 | Sold | $33,000-61.6%$12/sqft |
Source: Global MLS #29104364 Report a problem | ||
| 7/16/2008 | Sold | $86,000+45.8%$32/sqft |
Source: Public Record Report a problem | ||
| 9/15/2006 | Sold | $59,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $133,000 |
| 2024 | -- | $133,000 +195.6% |
| 2023 | -- | $45,000 |
| 2022 | -- | $45,000 |
| 2021 | -- | $45,000 |
| 2020 | -- | $45,000 |
| 2019 | -- | $45,000 |
| 2018 | -- | $45,000 |
| 2017 | $2,069 -22.7% | $45,000 -21.1% |
| 2016 | $2,676 | $57,000 +3.6% |
| 2015 | -- | $55,000 |
| 2014 | -- | $55,000 |
| 2013 | -- | $55,000 |
| 2012 | -- | $55,000 |
| 2011 | -- | $55,000 |
| 2010 | -- | $55,000 |
| 2009 | -- | $55,000 |
| 2008 | -- | $55,000 |
| 2007 | -- | $55,000 +120% |
| 2006 | -- | $25,000 |
| 2005 | -- | $25,000 |
| 2004 | -- | $25,000 |
| 2003 | -- | $25,000 |
| 2002 | -- | $25,000 -50% |
| 2001 | -- | $50,000 |
| 2000 | -- | $50,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Arbor Hill
Nearby schools
GreatSchools rating
- 3/10Arbor Hill Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Arbor Hill
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Albany County
- Albany
- 12210
- Arbor Hill
- 227 Colonie Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
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