4-unit investment property in prime rental location - within close proximity of Washington Park, the downtown SUNY Campus and St. Rose. Features incl. original hardwood floors & crown molding, tall ceilings & larger windows throughout. New appliances in some units. Updated electric and plumbing. Cash flow greater than 62K in rental income w/ room to grow! Minor TLC will make this place shine! Very Good Condition Top two 1 Bedroom Apartments are Vacant and with the Close proximity to Albany Med, great investment for Traveling Nurses! No current ROP. Property is being sold ''As Is''
Closed
$360,000
487 Washington Avenue, Albany, NY 12206
6beds
3,564sqft
Quadruplex, Multi Family
Built in 1940
-- sqft lot
$374,600 Zestimate®
$101/sqft
$1,972 Estimated rent
Home value
$374,600
$330,000 - $427,000
$1,972/mo
Zestimate® history
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$1,972/mo
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$2,424/mo
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$2,424/mo
Est. payment
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List your homeWhat's special
Tall ceilingsCrown moldingOriginal hardwood floorsLarger windowsNew appliances
Zillow last checked:
Listing updated:
Listed by:
Heather J Morra 917-575-8112,
McDonald Real Estate Comp LLC
Bought with:
Heather J Morra, 10401362691
McDonald Real Estate Comp LLC
Colin McDonald, 10491210476
McDonald Real Estate Comp LLC
Source: Global MLS,MLS#: 202523319
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Crown Molding
- Flooring: Vinyl, Hardwood
- Basement: Apartment
Interior area
- Total structure area: 3,564
- Total interior livable area: 3,564 sqft
- Finished area above ground: 3,564
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 010100 65153
- Zoning description: Multi Residence
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Rubber
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $101/sqft
- Annual tax amount: $9,511
- Date on market: 8/7/2025
- Ownership: Cezary Wyjatek
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Sold | $360,000$101/sqft |
Source:  Global MLS #202523319 Report a problem | ||
| 8/19/2025 | Pending sale | $360,000$101/sqft |
Source: Global MLS #202523319 Report a problem | ||
| 8/7/2025 | Listed for sale | $360,000+50.3%$101/sqft |
Source: Global MLS #202523319 Report a problem | ||
| 3/15/2018 | Listing removed | $1,450+56.8% |
Source: Howard Hanna Real Estate Services #201810602 Report a problem | ||
| 2/13/2018 | Price change | $925-2.6% |
Source: RealtyUSA.com #201810605 Report a problem | ||
| 1/12/2018 | Listed for rent | $950 |
Source: Howard Hanna #201810605 Report a problem | ||
| 9/12/2017 | Listing removed | $239,500$67/sqft |
Source: Coldwell Banker Prime Prop. #201707734 Report a problem | ||
| 9/11/2017 | Listed for sale | $239,500+6.4%$67/sqft |
Source: Coldwell Banker Prime Prop. #201707734 Report a problem | ||
| 9/8/2017 | Sold | $225,000-9.8%$63/sqft |
Source: Global MLS #201707734 Report a problem | ||
| 5/2/2017 | Price change | $249,500+0.2%$70/sqft |
Source: Coldwell Banker Prime Prop. #201707734 Report a problem | ||
| 4/28/2017 | Price change | $249,000-2.4%$70/sqft |
Source: Owner Report a problem | ||
| 4/11/2017 | Listed for sale | $255,000+50%$72/sqft |
Source: Owner Report a problem | ||
| 7/22/2016 | Sold | $170,000$48/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central Avenue
Nearby homes
- $334,3001 bd1 ba-- sqft487 Washington Ave APT 3, Albany, NY 12206Off Market
- $--3 bd1 ba-- sqft487 Washington Ave APT 2, Albany, NY 12206Off Market
- $--2 bd1 ba-- sqft487 Washington Ave #1, Albany, NY 12206Off Market
- $218,9001 bd1 ba750 sqft485 Washington Ave, Albany, NY 12206Off Market
- $--1 bd1 ba750 sqft485 Washington Ave #2, Albany, NY 12206Off Market
- $248,000-- bd-- ba2k sqft489 Washington Ave, Albany, NY 12206Off Market
- $329,2001 bd1 ba800 sqft483 Washington Ave #1, Albany, NY 12206Off Market
- $--2 bd1 ba1.1k sqft483 Washington Ave #2, Albany, NY 12206Off Market
Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.3 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.8 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 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
- 12206
- Central Avenue
- 487 Washington Avenue
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