Prime Investment Opportunity in Center Square! Fully rented three-unit property on a picturesque tree-lined street. Perfect for expanding your portfolio, making your first investment, or living in one unit while tenants pay the mortgage. With below-market rents and quiet, stable tenants, this property offers steady cash flow and strong upside potential. Separate gas, electric and washer dryer hookups. Tenants enjoy a shared yard, and the top-floor unit features a private rooftop patio with sweeping city views—ideal for fireworks. Just steps from the Empire State Plaza, Lark Street, hospitals, universities, parks, dining, and entertainment. On-street parking permits available through the city. With its prime location, solid returns, and historic charm, this is a must-see for investors and owner-occupants alike.
Closed
$335,000
339 Madison Avenue, Albany, NY 12210
6beds
3,024sqft
Triplex, Multi Family
Built in 1841
-- sqft lot
$348,800 Zestimate®
$111/sqft
$1,851 Estimated rent
Home value
$348,800
$307,000 - $398,000
$1,851/mo
Zestimate® history
Owner options
List your home for rent
$1,851/mo
Rent Zestimate®
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$1,851/mo
Rent Zestimate®
Refinance and save
$2,245/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,245/mo
Est. payment
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List your homeWhat's special
Shared yardTree-lined street
Zillow last checked:
Listing updated:
Listed by:
Brenda M Larkin 518-588-6006,
Miranda Real Estate Group, Inc
Bought with:
Amanda L Hart, 10301223121
Miranda Real Estate Group, Inc
Source: Global MLS,MLS#: 202525467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceramic Tile Bath
- Flooring: Wood, Carpet, Ceramic Tile, Laminate
- Basement: None
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
- Finished area above ground: 3,024
- Finished area below ground: 800
Property
Features
- Patio & porch: Rear Porch
- Exterior features: None
- Fencing: Wood,Back Yard
- Has view: Yes
- View description: Skyline
Lot
- Size: 3,484 sqft
- Features: Level
Details
- Parcel number: 010100 76.32347
- 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
- Brick
- Foundation: Concrete Perimeter
- Roof: Metal,Rubber
Condition
- New construction: No
- Year built: 1841
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Albany
- Subdivision: Hudson Park
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $335,000+4.7%$111/sqft |
Source:  Global MLS #202525467 Report a problem | ||
| 9/16/2025 | Contingent | $320,000$106/sqft |
Source: NY State MLS #11571820 Report a problem | ||
| 9/15/2025 | Pending sale | $320,000$106/sqft |
Source: Global MLS #202525467 Report a problem | ||
| 9/9/2025 | Listed for sale | $320,000+42.2%$106/sqft |
Source: Global MLS #202525467 Report a problem | ||
| 5/23/2008 | Sold | $225,000$74/sqft |
Source: Global MLS #27124805 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $474,000 |
| 2024 | -- | $474,000 +87.4% |
| 2023 | -- | $253,000 |
| 2022 | -- | $253,000 |
| 2021 | -- | $253,000 |
| 2020 | -- | $253,000 |
| 2019 | -- | $253,000 |
| 2018 | -- | $253,000 |
| 2017 | $8,908 +7.9% | $253,000 |
| 2016 | $8,258 | $253,000 +12.4% |
| 2015 | -- | $225,000 |
| 2014 | -- | $225,000 |
| 2013 | -- | $225,000 |
| 2012 | -- | $225,000 |
| 2011 | -- | $225,000 |
| 2010 | -- | $225,000 |
| 2009 | -- | $225,000 -5.1% |
| 2008 | -- | $237,000 |
| 2007 | -- | $237,000 +189% |
| 2006 | -- | $82,000 |
| 2005 | -- | $82,000 |
| 2004 | -- | $82,000 |
| 2003 | -- | $82,000 |
| 2002 | -- | $82,000 |
| 2001 | -- | $82,000 |
| 2000 | -- | $82,000 |
Find assessor info on the county website
Neighborhood: Hudson/Park
Nearby schools
GreatSchools rating
- 2/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.5 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
- 12210
- Hudson/Park
- 339 Madison Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
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