Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income.
The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities.
With its established rental history, well-maintained condition, and desirable two-family configuration, 97 Third Avenue is worth a closer look. An opportunity to own income-producing real estate in the Capital Region!
Active
$250,000
97 3rd Avenue, Albany, NY 12202
4beds
1,540sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$237,700 Zestimate®
$162/sqft
$-- HOA
What's special
Well-maintained two-family propertyTwo-family layout offers versatilityDesirable two-family configuration
- 73 days
- 161
- 6
Zillow last checked:
Listing updated:
Listed by:
Revision Real Estate 518-438-2221,
Jerome P Newkirk 518-229-0366
Source: Global MLS,MLS#: 202622293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas
Features
- Basement: Full
Interior area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
- Finished area above ground: 1,540
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Exterior features: None
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 010100 76.64265
- Zoning description: Multi Residence
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $118,750
- Annual tax amount: $1,479
- Date on market: 7/22/2026
Estimated market value
$237,700
$226,000 - $250,000
$2,098/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $250,000+7042.9%$162/sqft |
Source:  Global MLS #202622293 Report a problem | ||
| 2/5/2013 | Sold | $3,500$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $114,000 |
| 2024 | -- | $114,000 +660% |
| 2023 | -- | $15,000 |
| 2022 | -- | $15,000 |
| 2021 | -- | $15,000 |
| 2020 | -- | $15,000 |
| 2019 | -- | $15,000 |
| 2018 | -- | $15,000 |
| 2017 | $901 +102.6% | $15,000 |
| 2016 | $445 | $15,000 -25% |
| 2015 | -- | $20,000 |
| 2014 | -- | $20,000 |
| 2013 | -- | $20,000 |
| 2012 | -- | $20,000 |
| 2011 | -- | $20,000 |
| 2010 | -- | $20,000 |
| 2009 | -- | $20,000 |
| 2008 | -- | $20,000 +300% |
| 2007 | -- | $5,000 -88.8% |
| 2006 | -- | $44,600 |
| 2005 | -- | $44,600 |
| 2004 | -- | $44,600 |
| 2003 | -- | $44,600 -2.4% |
| 2002 | -- | $45,700 |
| 2001 | -- | $45,700 |
| 2000 | -- | $45,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South End
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.
Similar homes
- $249,9993 bd3 ba1.3k sqft72 Bassett Street, Albany, NY 12202Active
MLS ID #202619875, Alexandria Sifontes, Listing by: CapMark Realty LLC. Global MLS - $289,9004 bd2 ba1.1k sqft13 Batcher Street, Albany, NY 12202Active
MLS ID #202616557, Leon Levy, Listing by: Berkshire Hathaway Home Services Blake. Global MLS - $239,9003 bd2 ba1.2k sqft466 Ontario Street, Albany, NY 12208Active
MLS ID #202620418, Tina Berlin, Listing by: Realty One Group Key. Global MLS - $201,0006 bd2 ba2.1k sqft5 S Dove Street, Albany, NY 12202Active
MLS ID #202620295, Rosemarie Durant, Listing by: Coldwell Banker Prime Properties. Global MLS - $194,9004 bd1 ba1.3k sqft30 Bogart Ter, Colonie, NY 12202For Sale
MLS ID #1046284, Bakary Camara, Listing by: YourHomeSold Guaranteed Realty. OneKey® MLS as distributed by MLS GRID
