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290 Morton Avenue Albany, NY 12209

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New
For Sale
$369,900

MULTI_FAMILY - Other - Albany, NY

Property size:
2,020 SF
Lot size:
0.06 Acres
Added:
Apr 8, 2026
Days on Market:
1
Last Refresh:
Apr 8 at 9:06 pm

Property Features for 290 Morton Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 6, Dining Room, Bedroom 2, Bedroom 4
Patio and Porch features
Deck
Interior features
Solid Surface Counters, High Speed Internet, Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath, Crown Molding
Exterior features
Garden
Fireplace
1
Basement
Finished, Walk-Out Access, Apartment, Full
Standard status
Active
APN
010100 76.47-2-3
Size
2,020 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
5107

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1921
Number of units
4
Flooring type
Carpet, Hardwood, Tile
Building materials
Vinyl Siding
Architectural style
Other

We can help!

Listing Contact
Kevin Clancy

Listing agent Kevin Clancy License #35CL0831623

Listing office Clancy Real Estate 1 Fletcher Road, Albany, NY

Listing date Apr 8, 2026

MLS# 202614643

Copyright © 2026 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 Multifamily Property with Upside

Offered for the first time in over 30 years, this well-maintained 4-unit property blends classic character with thoughtful updates throughout. The current owner has taken pride in preserving the original charm, featuring beautiful original woodwork and details. The building, located in the heart of Albany, offers a common coin-operated washer and dryer for added tenant convenience, along with a rear deck overlooking Albany. The property is within walking distance to local parks and is especially convenient for medical students, adding to its strong rental appeal. There is also off-street parking potential. The property has a lot size of 0.06 acres and a property size of 2020 square feet. Two units will be delivered vacant at closing, giving the next owner immediate upside and the ability to bring rents to market value. Current rents are $825 and $825, with projected market rents of $1,450 for the second-floor unit and $1,200 for the split first-floor/basement unit. At full market rents, the property has the potential to generate approximately $51,600 in gross annual income. This is a strong opportunity for investors or owner-occupants looking for a property with solid upside in a prime location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.771118
Latitude
42.645163

FAQs

What type of property is this?
Quadplex - Well-maintained 4-unit property with upside potential in Albany.
Where is this quadplex located?
The property is located at 290 Morton Avenue Albany, NY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two units delivered vacant, providing immediate rental upside and ability to set market rents.; Prime Albany location, walking distance to parks and convenient for medical students, ensuring strong rental demand.; Potential for approximately $51,600 in gross annual income at full market rents.
More about this property
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