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Four-Unit Quadplex with Hardwood Floors
For Sale
$365,000

499 Delaware Avenue, Albany, NY 12209

MultiFamily, Albany, NY

Property Size3,368 SF
Lot Size32,167.00 Acres
Price / SF$108.37
Days on Market180

Property Features for 499 Delaware Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Multi Residence
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 2
Parking 3
Parking features Driveway
Patio and Porch features Porch
Basement Full
Lot features Corner Lot
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Corner of Delaware ave. and Mapleridge ave.
Standard status Active
APN 499
Size 3,368 SF
Lot size 32,167.00 Acres

Taxes and HOA fees

Tax Annual Amount 7631

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

new appliances
hardwood floors

Building Details

Year built 1910
Number of units 4
Flooring type Hardwood, Vinyl, Laminate
Building materials Wood Siding
Roof type Asphalt
Listing Agency: Red Door Realty NY Inc
Listed By: Robin R Boice · License #10401307703
Added: Apr 9 Changed: Oct 2 Last Checked: Oct 5 at 5:06PM
MLS# 202614849

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.

Investment Insights

Based on property information with market context.

This 3,368-square-foot quadplex contains four residential units and was built in 1910. Unit features include new appliances and hardwood flooring, with additional vinyl and laminate flooring present. The wood-sided building has an asphalt roof, natural gas heating, a porch, and a driveway providing off-street parking for 3 plus cars.

Located at 499 Delaware Avenue in Albany, NY 12209, the property is served by public water and public sewer and is zoned Multi Residence. All tenants are on month-to-month arrangements. The recorded room inventory includes seven bedrooms and four bathrooms.

Key Highlights

  • Four‑unit quadplex with 3,368 square feet of building area
  • New appliances installed in all units
  • Hardwood floors in all units, with vinyl and laminate flooring also present

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Law Firm Auto Repair Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby

Demographics for 12209, NY

10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Wood-sided residential income property with updated appliances, driveway parking, and month-to-month occupancy.
Where is this quadplex located?
The property is located at 499 Delaware Avenue Albany, NY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,368 square feet of building area; New appliances installed in all units; Hardwood floors in all units, with vinyl and laminate flooring also present
More about this property
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