Investor-friendly two-family property located in the Pine Hill neighborhood of Albany, offering strong income potential and flexibility for either owner occupancy or portfolio expansion. This multi-unit property features two spacious units- for a total of 6 bedrooms and 2 bathroom, along with generous living spaces and functional layouts throughout.
The property has been extensively renovated, fully gutted, and completely redone, creating a move-in-ready opportunity with updated systems, finishes, and overall improvements already completed. The upstairs unit is currently occupied with rental income in place, while the first-floor unit offers additional rental upside or the flexibility for owner occupancy.
Both apartments feature bright living areas, dedicated dining spaces, and updated interiors designed for comfortable everyday living. Additional highlights include off-street parking and a large backyard with the opportunity for a new owner to personalize and complete the outdoor space with their own finishing touches.
Conveniently located near local restaurants, shopping, schools, hospitals, parks, and major roadways, this property presents a strong opportunity for investors or buyers seeking a turnkey multi-family property with immediate income potential and long-term value.
Note: Some images are ai staged.
For sale
$309,999
502 Yates Street, Call Listing Agent, NY 12208
6beds
2,138sqft
Duplex, Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$145/sqft
$-- HOA
What's special
Off-street parkingDedicated dining spacesUpdated systemsTwo spacious unitsFunctional layoutsLarge backyardUpdated interiors
- 44 days |
- 385 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Four Seasons Sothebys Intl 845-684-0084,
Daniella Browne 845-684-0084
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1004624
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Steam
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Recessed Lighting
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,138
- Total interior livable area: 2,138 sqft
Property
Parking
- Total spaces: 1
- Parking features: Alley Access
Lot
- Size: 2,790 Square Feet
- Dimensions: 30 x 93
- Features: Back Yard
Details
- Parcel number: 0101006476141
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Location
- Region: Albany
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $240,625
- Annual tax amount: $6,075
- Date on market: 5/26/2026
- Cumulative days on market: 13 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $309,999$145/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1004624 Report a problem | ||
| 5/31/2026 | Pending sale | $309,999$145/sqft |
Source: OneKey® MLS as distributed by MLS GRID #1004624 Report a problem | ||
| 5/26/2026 | Listed for sale | $309,999+198.1%$145/sqft |
Source: OneKey® MLS as distributed by MLS GRID #1004624 Report a problem | ||
| 7/1/2019 | Sold | $104,000$49/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $231,000 |
| 2024 | -- | $231,000 +92.5% |
| 2023 | -- | $120,000 |
| 2022 | -- | $120,000 +30.4% |
| 2021 | -- | $92,000 |
| 2020 | -- | $92,000 |
| 2019 | -- | $92,000 -30.8% |
| 2018 | -- | $133,000 |
| 2017 | $4,760 +4.9% | $133,000 |
| 2016 | $4,536 | $133,000 +7.6% |
| 2015 | -- | $123,600 |
| 2014 | -- | $123,600 |
| 2013 | -- | $123,600 |
| 2012 | -- | $123,600 |
| 2011 | -- | $123,600 |
| 2010 | -- | $123,600 |
| 2009 | -- | $123,600 |
| 2008 | -- | $123,600 |
| 2007 | -- | $123,600 +90.7% |
| 2006 | -- | $64,800 |
| 2005 | -- | $64,800 |
| 2004 | -- | $64,800 |
| 2003 | -- | $64,800 -2.1% |
| 2002 | -- | $66,200 |
| 2001 | -- | $66,200 |
| 2000 | -- | $66,200 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Pine Hills
Nearby schools
GreatSchools rating
- 6/10New Scotland Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Albany School Of Humanities
- Middle: Albany High School
- High: Albany High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Albany County
- Albany
- 12208
- Pine Hills
- 502 Yates Street
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