This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!
Active
$624,900
531 Western Avenue, Albany, NY 12203
10beds
3,414sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Newer roofSide porchOff-street parkingCovered front porch
- 9 days
- 635
- 37
Zillow last checked:
Listing updated:
Listed by:
Gabler Realty LLC 518-935-4800,
Rebecca L Cavalieri 518-210-4916
Source: Global MLS,MLS#: 202625152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Hot Water, Natural Gas
Features
- Ceiling Fan(s), High Speed Internet, Built-in Features
- Flooring: Tile, Wood
- Basement: Full,Interior Entry,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Bedroom, Gas, Living Room
Interior area
- Total structure area: 3,414
- Total interior livable area: 3,414 sqft
- Finished area above ground: 3,414
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 7
Features
- Patio & porch: Side Porch, Covered, Deck, Front Porch
- Exterior features: None
- Fencing: Privacy,Back Yard
Lot
- Size: 7,840 Square Feet
- Features: Level
Details
- Parcel number: 010100 64.51240
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone, Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Fire Escape, Fire Alarm
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $183/sqft
- Annual tax amount: $13,574
- Date on market: 8/31/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $624,900$183/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Pine Hills
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.







