Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water tanks. Inside the units have been updated: 3 units offer updated kitchens w/granite. The property also features a 3-car detached garage, offering additional storage or rental income potential. Across from Lincoln Park.
Active
Price cut: $76K (6/3)
$499,000
272 Morton Avenue, Albany, NY 12209
7beds
3,630sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$486,700 Zestimate®
$137/sqft
$-- HOA
What's special
Newer roofHot water tanks
- 80 days |
- 267 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Staged Nest Real Estate LLC 518-369-8441,
Melissa W Woodcock 518-369-8441
Source: Global MLS,MLS#: 202615912
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Laundry: Common Area, In Basement, Laundry Room
Features
- Solid Surface Counters, High Speed Internet, Ceramic Tile Bath, Crown Molding
- Flooring: Vinyl, Ceramic Tile, Hardwood, Linoleum
- Basement: Full
Interior area
- Total structure area: 3,630
- Total interior livable area: 3,630 sqft
- Finished area above ground: 3,630
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage
- Garage spaces: 3
Features
- Patio & porch: Rear Porch, Front Porch
- Exterior features: None
- Fencing: Wood
Lot
- Size: 3,920 Square Feet
- Features: Level
Details
- Additional structures: Garage(s)
- Parcel number: 010100 76.47210
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $240,625
- Annual tax amount: $9,040
- Date on market: 4/28/2026
- Tenant pays: Hot Water, Heat, Electricity, Gas
Estimated market value
$486,700
$462,000 - $511,000
$1,653/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $499,000-13.2%$137/sqft |
Source:  Global MLS #202615912 Report a problem | ||
| 4/28/2026 | Listed for sale | $575,000$158/sqft |
Source: Global MLS #202615912 Report a problem | ||
| 9/11/2025 | Listing removed | $575,000$158/sqft |
Source: Global MLS #202517323 Report a problem | ||
| 5/14/2025 | Listed for sale | $575,000+249.5%$158/sqft |
Source: Global MLS #202517323 Report a problem | ||
| 5/22/2008 | Sold | $164,500$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $231,000 |
| 2024 | -- | $231,000 +20.3% |
| 2023 | -- | $192,000 |
| 2022 | -- | $192,000 |
| 2021 | -- | $192,000 |
| 2020 | -- | $192,000 |
| 2019 | -- | $192,000 |
| 2018 | -- | $192,000 |
| 2017 | $10,292 +32.3% | $192,000 -6.4% |
| 2016 | $7,782 | $205,200 +52% |
| 2015 | -- | $135,000 |
| 2014 | -- | $135,000 |
| 2013 | -- | $135,000 |
| 2012 | -- | $135,000 |
| 2011 | -- | $135,000 |
| 2010 | -- | $135,000 |
| 2009 | -- | $135,000 |
| 2008 | -- | $135,000 |
| 2007 | -- | $135,000 +92.9% |
| 2006 | -- | $70,000 |
| 2005 | -- | $70,000 |
| 2004 | -- | $70,000 |
| 2003 | -- | $70,000 |
| 2002 | -- | $70,000 |
| 2001 | -- | $70,000 |
| 2000 | -- | $70,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Delaware Avenue
Nearby schools
GreatSchools rating
- 1/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.6 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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