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282 Yates Street, 
Albany, NY 12208

$324,900


6

Beds


4

Baths


2,232

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Yan Wang

Realty One Group Key

1 518-630-5360

Last updated:

May 15, 2026, 02:31 PM

MLS#

202615627

Source:

Global MLS

About This Home

282 Yates Street

Open House: Sunday, April 26 | 10:00 AM - 1:00 PM Come experience the space and see the potential for yourself. Great investment opportunity in Albany! This updated two-family home offers strong rental income and is ideally located near Albany Medical Center, downtown Albany, and public transportation--making it highly attractive to tenants. Each unit features a spacious 3-bedroom, 2 full bathroom layout, a rare find in the Albany rental market. The property is currently generating approximately $3,700/month in rental income ($1,800 + $1,900), with potential to increase rents to $1,850-$1,950 per unit. Recent updates provide added value and peace of mind, including a fully renovated first-floor unit (2023), updated bathroom in the second-floor unit (2025), new water heater, maintenance-free front porch (2024), reinforced foundation (2024), attic insulation (2020), and a well-maintained slate roof. Located just minutes from Washington Park, Albany Med, hospitals, colleges, restaurants, and major employers, this property benefits from strong and consistent rental demand. Easy access to public transportation makes it ideal for tenants seeking convenience and accessibility. Perfect for investors looking for cash flow or owner-occupants interested in living in one unit and renting the other.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1900

Price Summary

324,900

$145 per Sq. Ft.

MLS #:

202615627

Last Updated:

May 15, 2026, 02:31 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,232 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,232 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$324,900

Price per Sq. Ft:

$145 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.