Excellent multifamily investment opportunity in the desirable Manning Boulevard area. This three-family property offers a versatile unit mix with a spacious first-floor 4 to 5 bedroom apartment and two second-floor one-bedroom apartments. The first-floor layout offers potential for student housing, while the two upper units each feature a private porch. Conveniently located near colleges, hospitals, shopping, restaurants, and major amenities, making this an attractive location for tenants. Large fenced yard provides additional outdoor space for recreation, entertaining, or pets. A great opportunity for investors seeking an income-producing multifamily property with multiple rental units and strong location appeal.
Active
$395,000
249 Manning Boulevard, Albany, NY 12206
6beds
2,520sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$384,900 Zestimate®
$157/sqft
$-- HOA
What's special
- 40 days
- 388
- 13
Zillow last checked:
Listing updated:
Listed by:
Red Door Realty NY Inc 518-899-9500,
Robin R Boice 518-932-1771
Source: Global MLS,MLS#: 202626984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Other, Natural Gas
Cooling
- None
Appliances
- Laundry: Upper Level
Features
- Ceiling Fan(s), Built-in Features, Crown Molding
- Flooring: Hardwood
- Basement: Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Living Room
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
- Finished area above ground: 2,520
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Detached
- Garage spaces: 4
Features
- Patio & porch: Porch, Rear Porch, Enclosed, Front Porch
- Fencing: Back Yard
Lot
- Size: 5,662 Square Feet
- Features: Sloped
Details
- Parcel number: 010100 64.35435
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Wood Siding
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $307,292
- Annual tax amount: $7,286
- Date on market: 9/25/2026
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$384,900
$366,000 - $404,000
$1,744/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $395,000+31.7%$157/sqft |
Source: | ||
| 12/20/2022 | Sold | $300,000$119/sqft |
Source: | ||
| 9/12/2022 | Pending sale | $300,000$119/sqft |
Source: | ||
| 9/8/2022 | Listed for sale | $300,000$119/sqft |
Source: | ||
| 8/22/2022 | Pending sale | $300,000$119/sqft |
Source: | ||
| 8/15/2022 | Listed for sale | $300,000$119/sqft |
Source: | ||
| 7/28/2022 | Pending sale | $300,000$119/sqft |
Source: | ||
| 7/8/2022 | Listed for sale | $300,000+47.1%$119/sqft |
Source: | ||
| 10/26/2009 | Sold | $203,900$81/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $295,000 |
| 2024 | -- | $295,000 +67.6% |
| 2023 | -- | $176,000 |
| 2022 | -- | $176,000 |
| 2021 | -- | $176,000 |
| 2020 | -- | $176,000 |
| 2019 | -- | $176,000 |
| 2018 | -- | $176,000 |
| 2017 | $5,711 +4.8% | $176,000 |
| 2016 | $5,451 | $176,000 +6% |
| 2015 | -- | $166,100 |
| 2014 | -- | $166,100 |
| 2013 | -- | $166,100 |
| 2012 | -- | $166,100 |
| 2011 | -- | $166,100 |
| 2010 | -- | $166,100 |
| 2009 | -- | $166,100 |
| 2008 | -- | $166,100 |
| 2007 | -- | $166,100 +50.5% |
| 2006 | -- | $110,400 |
| 2005 | -- | $110,400 |
| 2004 | -- | $110,400 |
| 2003 | -- | $110,400 -7.5% |
| 2002 | -- | $119,300 |
| 2001 | -- | $119,300 |
| 2000 | -- | $119,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12206
Nearby schools
Schools provided by the listing agent
- Elementary: Pine Hills
- 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.







