Search
Albany Two-Unit Income Property
For Sale
Under Contract
$289,000

250 Yates Street, Albany, NY 12208

MULTI_FAMILY - Other - Albany, NY

Property Size2,640 SF
Lot Size0.05 Acres
Price / SF$109.47
Days on Market100

Property Features for 250 Yates Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi Residence
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5
Basement Apartment
Subdivision Pine Hills
Lot features Level
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions South Lake to Yates Street
Standard status Active Under Contract
APN 010100 65.77-1-21
Size 2,640 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 7292

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1885
Number of units 2
Building materials Vinyl Siding
Roof type Flat
Architectural style Other
Listing Agency: Coldwell Banker Prime Properties · Coldwell Banker Real Estate
Listed By: Robin E Shaw · License #10301221648
Added: May 13 Changed: Aug 14 Last Checked: Aug 20 at 11:06PM
MLS# 202617396

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.

Located in the Pine Hills neighborhood of Albany, this refreshed two-unit property at 250 Yates Street presents an opportunity for investors or owner-occupants. The property is zoned for multi-residence use. One unit is currently vacant, offering flexibility for setting rent, owner occupancy, or immediate tenant placement. The second unit has a month-to-month tenant, providing immediate income potential. The property is conveniently located near Albany Medical Center. The lot size is 0.05 acres, and the property size is 2640 square feet.

Key Highlights

  • 2‑unit property at 250 Yates Street in Albany’s Pine Hills neighborhood
  • One unit is vacant, allowing you to set your own rent or owner‑occupy immediately
  • Second unit has a month‑to‑month tenant for ongoing rental income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,139
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Refreshed two-unit property in Albany's Pine Hills neighborhood.
Where is this duplex located?
The property is located at 250 Yates Street Albany, NY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 2‑unit property at 250 Yates Street in Albany’s Pine Hills neighborhood; One unit is vacant, allowing you to set your own rent or owner‑occupy immediately; Second unit has a month‑to‑month tenant for ongoing rental income
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message