Great investment opportunity just minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. This two-family property features two spacious 3-bedroom units, each offering a large foyer, generous living room, and a bonus room that can be used as a dining room, office, or additional living space. The first-floor tenants are long-term residents currently on a month-to-month lease, while the second-floor tenant has been in place since December 2024 with a lease through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. This desirable location attracts both students, medical professionals, and anyone looking to live in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area.
Closed
$220,000
265 Western Avenue, Albany, NY 12203
6beds
2,240sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$227,800 Zestimate®
$98/sqft
$2,001 Estimated rent
Home value
$227,800
$200,000 - $260,000
$2,001/mo
Zestimate® history
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$1,244/mo
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Bonus roomLarge foyer
Zillow last checked:
Listing updated:
Listed by:
Rosemarie Durant 518-368-1444,
Coldwell Banker Prime Properties
Bought with:
William J Lane, 10401225825
Coldwell Banker Prime Properties
Source: Global MLS,MLS#: 202526456
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Radiant
Cooling
- None
Appliances
- Laundry: None
Features
- Flooring: Carpet, Hardwood, Laminate
- Windows: Wood Frames
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, None
Features
- Patio & porch: Porch
- Exterior features: None
- Has view: Yes
- View description: None
Lot
- Size: 2,178 Square Feet
- Features: Garden
Details
- Additional structures: None
- Parcel number: 010100 65.61555
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Combination
- Roof: Rubber
Condition
- Year built: 1890
Utilities & green energy
- Electric: 150 Amp Service
- 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: $98/sqft
- Tax assessed value: $252,083
- Annual tax amount: $6,307
- Date on market: 9/24/2025
- Tenant pays: Hot Water, Heat, Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $220,000+0%$98/sqft |
Source:  Global MLS #202526456 Report a problem | ||
| 10/23/2025 | Pending sale | $219,900$98/sqft |
Source: Global MLS #202526456 Report a problem | ||
| 10/17/2025 | Price change | $219,900-6.4%$98/sqft |
Source: Global MLS #202526456 Report a problem | ||
| 9/24/2025 | Listed for sale | $235,000+6.6%$105/sqft |
Source: Global MLS #202526456 Report a problem | ||
| 11/5/2024 | Listing removed | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2024 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2023 | Sold | $220,400+0.2%$98/sqft |
Source: Global MLS #202229217 Report a problem | ||
| 11/7/2022 | Pending sale | $220,000$98/sqft |
Source: Global MLS #202229217 Report a problem | ||
| 10/28/2022 | Listed for sale | $220,000+69.2%$98/sqft |
Source: Global MLS #202229217 Report a problem | ||
| 9/10/2009 | Sold | $130,000-7.1%$58/sqft |
Source: Public Record Report a problem | ||
| 10/21/2008 | Listing removed | $139,900$62/sqft |
Source: Coldwell Banker** #28121425 Report a problem | ||
| 10/14/2008 | Listed for sale | $139,900+47.3%$62/sqft |
Source: Coldwell Banker** #28121425 Report a problem | ||
| 8/31/2004 | Sold | $95,000+106.5%$42/sqft |
Source: Public Record Report a problem | ||
| 5/8/2001 | Sold | $46,000$21/sqft |
Source: Public Record Report a problem | ||
| 4/7/1999 | Sold | $46,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $242,000 |
| 2024 | -- | $242,000 +103.4% |
| 2023 | -- | $119,000 |
| 2022 | -- | $119,000 |
| 2021 | -- | $119,000 |
| 2020 | -- | $119,000 |
| 2019 | -- | $119,000 |
| 2018 | -- | $119,000 |
| 2017 | $4,382 +0.2% | $119,000 |
| 2016 | $4,371 | $119,000 -0.1% |
| 2015 | -- | $119,100 |
| 2014 | -- | $119,100 |
| 2013 | -- | $119,100 |
| 2012 | -- | $119,100 |
| 2011 | -- | $119,100 |
| 2010 | -- | $119,100 |
| 2009 | -- | $119,100 |
| 2008 | -- | $119,100 |
| 2007 | -- | $119,100 +142.1% |
| 2006 | -- | $49,200 |
| 2005 | -- | $49,200 |
| 2004 | -- | $49,200 |
| 2003 | -- | $49,200 -18% |
| 2002 | -- | $60,000 |
| 2001 | -- | $60,000 |
| 2000 | -- | $60,000 |
Find assessor info on the county website
Neighborhood: Pine Hills
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Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.4 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 2.1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.3 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
- 12203
- Pine Hills
- 265 Western Avenue
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Nearby neighborhoods
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