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  • $325,000

    631 Washington Avenue, Albany, NY 12206

    5beds
    2,272sqft
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    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $319,900 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Off-street parking
    Well-maintained two-family, up/down duplex in a convenient Albany location with strong income potential. The first-floor unit features 3 bedrooms and 1 full bath and is currently rented month-to-month at $975/month, with estimated market rent of approximately $1,500/month. The second-floor unit offers 2 bedrooms and 1 full bath and is currently vacant, with projected rental income of approximately $1,400/month. Recent improvements include a new boiler and water heater serving the first-floor unit, as well as an updated bathroom in the second-floor unit. The property offers separate utilities and hot water systems for each unit, plus two washer/dryer hookups in the basement for added tenant convenience. Additional features include off-street parking and a former garage pad in the backyard, providing an opportunity for future garage reconstruction or additional improvements. An excellent opportunity for both investors and owner-occupants seeking rental income in a desirable Albany location.
    31 days
    |
    1,823
    |
    103
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabler Realty, LLC 518-935-4800,

    Jennifer Eitleman 518-364-7393

    Source: Global MLS,MLS#: 202619557MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Ceiling Fan(s), High Speed Internet
      • Flooring: Vinyl, Carpet, Hardwood
      • Basement: Full
      Interior area
      • Total structure area: 2,272
      • Total interior livable area: 2,272 sqft
      • Finished area above ground: 2,272
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Off Street, Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Porch, Rear Porch, Covered, Deck, Front Porch
      • Exterior features: None
      • Has view: Yes
      • View description: City
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 010100 65.45331
      • Zoning description: Multi Residence
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      • Foundation: Block, Combination
      • Roof: Slate
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      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: $143/sqft
      • Tax assessed value: $255,208
      • Annual tax amount: $6,659
      • Date on market: 6/12/2026
      • Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

        Estimated market value

        $319,900

        $304,000 - $336,000

        $1,512/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$325,000+10.2%$143/sqft
        Source: Global MLS #202619557 Report a problem
        6/26/2025Listing removed$295,000$130/sqft
        Source: Global MLS #202514541 Report a problem
        5/2/2025Price change$295,000-1.3%$130/sqft
        Source: Global MLS #202514541 Report a problem
        4/18/2025Listed for sale$299,000$132/sqft
        Source: Global MLS #202514541 Report a problem
        4/9/2025Pending sale$299,000$132/sqft
        Source: Global MLS #202514541 Report a problem
        4/3/2025Listed for sale$299,000-3.2%$132/sqft
        Source: Global MLS #202514541 Report a problem
        2/16/2025Listing removed--
        Source: Owner Report a problem
        1/23/2025Listed for sale$309,000+106%$136/sqft
        Source: Owner Report a problem
        7/20/2005Sold$150,000-2.9%$66/sqft
        Source: Agent Provided Report a problem
        12/30/2004Sold$154,500+55.3%$68/sqft
        Source: Global MLS #24115589 Report a problem
        8/19/1992Sold$99,500$44/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $245,000
        2024-- $245,000 +24.4%
        2023-- $197,000
        2022-- $197,000
        2021-- $197,000
        2020-- $197,000
        2019-- $197,000
        2018-- $197,000
        2017$7,285 -7%$197,000
        2016$7,835 $197,000 +6.8%
        2015-- $184,400
        2014-- $184,400
        2013-- $184,400
        2012-- $184,400
        2011-- $184,400
        2010-- $184,400
        2009-- $184,400
        2008-- $184,400
        2007-- $184,400 +98.3%
        2006-- $93,000
        2005-- $93,000
        2004-- $93,000
        2003-- $93,000 +9.4%
        2002-- $85,000
        2001-- $85,000
        2000-- $85,000
        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: 12206

        Getting around

        85 / 100
        Very Walkable
        56 / 100
        Good Transit
        72 / 100
        Very Bikeable

        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.

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