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Albany Triplex with Rental Potential
For Sale
$243,900
Pending

808A Madison Avenue, Albany, NY 12208

MULTI_FAMILY - Other - Albany, NY

Property Size2,354 SF
Lot Size0.10 Acres
Days on Market158

Property Features for 808A Madison Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
Patio and Porch features Deck, Porch
Basement Full, Unfinished
Lot features Level, Cleared
View City
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Quail Street right on Madison Ave, property 600 ft on the left side.
Special listing conditions Short Sale
Standard status Pending
APN 010100 65.69-2-72
Size 2,354 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 540

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating), Hot Water(Heating), Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1890
Number of units 3
Flooring type Hardwood, Wood, Slate
Building materials Aluminum Siding, Block, Plaster
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Venture Fox Realty Group LLC
Listed By: Hany Y Ayoub · License #30AY0937221
Added: Feb 23 Changed: Jul 24 Last Checked: Jul 31 at 6:06AM
MLS# 202612346

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 three-unit multifamily property in Albany, NY, presents an investment opportunity. The property includes two one-bedroom units and one two-bedroom unit. Recent updates feature a new heating system that combines forced-air and boiler technology with hot water. The tenants are responsible for their separate utilities. One of the units is currently vacant, offering immediate rental potential or the option for owner-occupancy. The property size is 2354 square feet, situated on a 0.1-acre lot.

Key Highlights

  • Three‑unit investment: two 1‑bedroom units and one 2‑bedroom unit
  • Recent updates include new heating system with forced‑air and boiler combination with hot water
  • Separate utilities: tenants responsible for utilities

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Pharmacy

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,003
Businesses Nearby

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit property with separate utilities and investment opportunity.
Where is this triplex located?
The property is located at 808A Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $243,900.
What are key features of this property?
This property features: Three‑unit investment: two 1‑bedroom units and one 2‑bedroom unit; Recent updates include new heating system with forced‑air and boiler combination with hot water; Separate utilities: tenants responsible for utilities
More about this property
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