Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

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"Based on information submitted to Global MLS as of June 29, 2026 1:14 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Building Relationships Based on Trust, Honesty and Dedication

865 Madison AvenueAlbany, NY 12208Price: $519,900

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Building Relationships Based on Trust, Honesty and Dedication

865 Madison AvenueAlbany, NY 12208Price: $519,900

$/month over payments

Listing Tools

$/month over payments

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Property Details of 865 Madison Avenue

Property Details

Basic Information

Property

Location

Finance

Interior Features

Beds/Baths

Bathrooms

Basement

Utilities and Appliances

Utilities and Appliances

Community

Schools

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Signature ONE Realty Group

Contact

Quick Links