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    265 Western Ave Albany, NY 12203

    Pending
    For Sale
    $219,900

    MULTI_FAMILY - Other - Albany, NY

    Property size:
    2,240 SF
    Lot size:
    0.05 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 265 Western Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Wood Frames
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    6
    Bathrooms
    2
    APN
    010100 65.61-5-55
    Parking features
    Off Street
    Patio and Porch features
    Porch
    Basement
    Full, Unfinished
    Size
    2,240 SF
    Lot size
    0.05 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Radiant, Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Hardwood, Laminate, Carpet
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    Coldwell Banker Prime Properties (518) 640-4017 [email protected]

    Listing agent Rosemarie Durant License #10401264469

    Listing date Oct 23, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albany Two-Family Investment Opportunity

    This two-family property presents a great investment opportunity, situated minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. The property features two spacious 3-bedroom units, each including a large foyer, a generous living room, and a bonus room suitable for use as a dining room, office, or additional living space. The first-floor tenants are long-term residents on a month-to-month lease. The second-floor tenant has been in place since December 2024 with a lease extending through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. The property is located in a desirable area that attracts students, medical professionals, and individuals seeking to reside in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area. The property is situated on a lot of 0.05 acres and the building size is 2240 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.779012
    Latitude
    42.662725

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    FAQs

    What type of property is this?
    Duplex - Two spacious 3-bedroom units near UAlbany and Albany Medical Center.
    Where is this duplex located?
    The property is located at 265 Western Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - Prime location near UAlbany Downtown Campus, Albany Medical Center, and Washington Park.; - Two spacious 3-bedroom units, ideal for attracting quality tenants.; - Stable rental income potential in a high-demand area.
    (518) 640-4017
    Request Owner's contact information
    265 Western Ave Albany, NY 12203
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    Albany, NY 12203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    265 Western Ave Albany, NY 12203
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