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238 Ontario Street, 
Albany, NY 12203

$260,000


6

Beds


3

Baths


2,244

Sq Ft


Multi-Family

Active

Listed by

Daniel Odabashian

Samantha Curry

New Scotland Realty

518-964-2066

Last updated:

January 14, 2026, 03:58 PM

MLS#

202610430

Source:

Global MLS

About This Home

238 Ontario Street

Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 7% + cap rate, making it an excellent opportunity for investors seeking reliable income. The basement unit is currently vacant, offering immediate upside potential or flexibility for an owner-occupant. Conveniently located just eight minutes from the nearest bus stop, providing easy access to campus and surrounding amenities. A solid investment opportunity with proven performance in a high-demand rental market. Can be packaged with 3-unit 558 Washington Ave or sold separately.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1890

Price Summary

260,000

$115 per Sq. Ft.

MLS #:

202610430

Last Updated:

January 14, 2026, 03:58 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,244 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,244 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$260,000

Price per Sq. Ft:

$115 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.