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.
Pending
$325,000
631 Washington Avenue, Albany, NY 12206
5beds
2,272sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$316,900 Zestimate®
$143/sqft
$-- HOA
What's special
Off-street parking
- 80 days
- 123
- 4
Zillow last checked:
Listing updated:
Listed by:
Gabler Realty LLC 518-935-4800,
Jennifer Eitleman 518-364-7393
Source: Global MLS,MLS#: 202619557
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
$316,900
$301,000 - $333,000
$1,650/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Pending sale | $325,000$143/sqft |
Source:  Global MLS #202619557 Report a problem | ||
| 6/12/2026 | Listed for sale | $325,000+10.2%$143/sqft |
Source: Global MLS #202619557 Report a problem | ||
| 6/26/2025 | Listing removed | $295,000$130/sqft |
Source: Global MLS #202514541 Report a problem | ||
| 5/2/2025 | Price change | $295,000-1.3%$130/sqft |
Source: Global MLS #202514541 Report a problem | ||
| 4/18/2025 | Listed for sale | $299,000$132/sqft |
Source: Global MLS #202514541 Report a problem | ||
| 4/9/2025 | Pending sale | $299,000$132/sqft |
Source: Global MLS #202514541 Report a problem | ||
| 4/3/2025 | Listed for sale | $299,000-3.2%$132/sqft |
Source: Global MLS #202514541 Report a problem | ||
| 2/16/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/23/2025 | Listed for sale | $309,000+106%$136/sqft |
Source: Owner Report a problem | ||
| 7/20/2005 | Sold | $150,000-2.9%$66/sqft |
Source: Agent Provided Report a problem | ||
| 12/30/2004 | Sold | $154,500+55.3%$68/sqft |
Source: Global MLS #24115589 Report a problem | ||
| 8/19/1992 | Sold | $99,500$44/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 12206
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.
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