1061 Madison Avenue, Albany, NY 12208

Local realty services provided by:HUNT Real Estate ERA
1061 Madison Avenue,Albany, NY 12208
$250,000
  • 5 Beds
  • 2 Baths
  • 2,050 sq. ft.
  • Multi-family
  • Active
Listed by: christopher maley
Office: miranda real estate group inc
MLS#:202616661
Source:Global MLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$121.95

About this home

Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:202616661
  • Added:1 day(s) ago
  • Updated:May 07, 2026 at 07:02 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood, Laminate, Tile
  • Basement Description:Full, Unfinished
  • Living area:2,050 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:2,050 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Front Porch
  • Foundation Description:Block

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$121.95
  • Tax amount:$6,520

Features and amenities

  • Laundry features:In Basement
  • Amenities:Built-in Features
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.