Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!
Active
$324,900
473 Washington Avenue, Albany, NY 12206
4beds
1,786sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$315,400 Zestimate®
$182/sqft
$-- HOA
What's special
- 13 days
- 233
- 19
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-724-5800,
Robert Saumell Jr. 518-926-8282
Source: Global MLS,MLS#: 202624911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Gas Dryer Hookup, In Basement, Washer Hookup
Features
- Flooring: Vinyl, Carpet, Hardwood
- Basement: Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 1,786
- Total interior livable area: 1,786 sqft
- Finished area above ground: 1,786
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Off Street, Paved, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 3,049 Square Feet
- Features: Level, Landscaped, Cleared
Details
- Parcel number: 010100 65.62147
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $193,750
- Annual tax amount: $6,152
- Date on market: 8/27/2026
- Tenant pays: Heat, Internet, Electricity, Gas
Estimated market value
$315,400
$300,000 - $331,000
$1,805/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $324,900+16%$182/sqft |
Source: | ||
| 12/20/2023 | Sold | $280,000+16.7%$157/sqft |
Source: | ||
| 8/22/2023 | Pending sale | $240,000$134/sqft |
Source: | ||
| 8/12/2023 | Listed for sale | $240,000$134/sqft |
Source: | ||
| 5/31/2023 | Pending sale | $240,000$134/sqft |
Source: | ||
| 5/8/2023 | Listed for sale | $240,000$134/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $186,000 |
| 2024 | -- | $186,000 +135.4% |
| 2023 | -- | $79,000 |
| 2022 | -- | $79,000 |
| 2021 | -- | $79,000 |
| 2020 | -- | $79,000 |
| 2019 | -- | $79,000 |
| 2018 | -- | $79,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Central Avenue
Nearby schools
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.




