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  • $223,000

    497 3rd Street, Albany, NY 12206

    8beds
    2,412sqft
    Duplex, Multi Family
    Built in 1870
    -- sqft lot
    $229,600 Zestimate®
    $92/sqft
    $1,646 Estimated rent

    Home value

    $229,600

    $202,000 - $262,000

    $1,646/mo

    Zestimate® history
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    $1,646/mo

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    $1,261/mo

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    $1,261/mo

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    What's special

    Back on Market- Buyer wanted to renegotiate price. This turnkey, cash flowing investment has been well-cared for and is ready to turn a profit for its new owner. Both units have been renovated in the last two years, long term tenants in place in both units. Tenant leases to convey with the sale. Do not disturb tenants- 24 hour notice required

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott P Varley 518-281-6808,

    KW Platform,

    Chelsea Barraco 518-888-4360,

    KW Platform

    Bought with:

    Bahrija Basic, 10401361924

    Coldwell Banker Prime Properties

    Source: Global MLS,MLS#: 202521541MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Main Level
    Features
    • Flooring: Tile, Hardwood, Laminate
    • Windows: Double Pane Windows
    • Basement: Full
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,412
    • Total interior livable area: 2,412 sqft
    • Finished area above ground: 2,412
    • Finished area below ground: 0

    Property

    Features
    • Patio & porch: Rear Porch, Enclosed
    • Exterior features: None
    • Fencing: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 010100 65.39147
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Albany

    Price history

    DateEventPrice
    12/4/2025Sold$223,000-2%$92/sqft
    Source: Global MLS #202521541 Report a problem
    10/19/2025Pending sale$227,500$94/sqft
    Source: Global MLS #202521541 Report a problem
    10/9/2025Price change$227,500-3.2%$94/sqft
    Source: Global MLS #202521541 Report a problem
    9/18/2025Pending sale$235,000$97/sqft
    Source: Global MLS #202521541 Report a problem
    9/15/2025Price change$235,000-6%$97/sqft
    Source: Global MLS #202521541 Report a problem
    8/25/2025Price change$250,000-5.7%$104/sqft
    Source: Global MLS #202521541 Report a problem
    7/31/2025Price change$265,000-3.6%$110/sqft
    Source: Global MLS #202521541 Report a problem
    7/11/2025Listed for sale$275,000+304.4%$114/sqft
    Source: Global MLS #202521541 Report a problem
    6/13/2006Sold$68,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $121,000
    2024-- $121,000 +77.9%
    2023-- $68,000
    2022-- $68,000
    2021-- $68,000
    2020-- $68,000
    2019-- $68,000
    2018-- $68,000
    2017$2,542 -2%$68,000
    2016$2,595 $68,000 -3.8%
    2015-- $70,700
    2014-- $70,700
    2013-- $70,700
    2012-- $70,700
    2011-- $70,700
    2010-- $70,700
    2009-- $70,700
    2008-- $70,700
    2007-- $70,700 +41.4%
    2006-- $50,000
    2005-- $50,000
    2004-- $50,000
    2003-- $50,000 -9.9%
    2002-- $55,500
    2001-- $55,500
    2000-- $55,500

    Find assessor info on the county website

    Neighborhood: West Hill

    Nearby schools

    GreatSchools rating
    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.