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Local Realty Service Provided By: Coldwell Banker King George Realty

290 Morton Avenue, 
Albany, NY 12209

$392,000


7

Beds


5

Baths


4,020

Sq Ft


Multi-Family

Sold

Listed by

Garret P Hebert

Bought with Realty One Group Key

Clancy Real Estate

1 518-861-7016

MLS#

202614643

Source:

Global MLS

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About This Home

290 Morton Avenue

Offered for the first time in over 40 years, this well-maintained 4-unit property blends classic character with thoughtful updates throughout. The current owner has taken pride in preserving the original charm, featuring beautiful original woodwork and details you don't often find anymore.The building offers a common coin-operated washer and dryer for added tenant convenience, along with a rear deck overlooking Albany perfect for enjoying a great 4th of July fireworks show.Located in the heart of Albany, this property is within walking distance to local parks and is especially convenient for medical students, adding to its strong rental appeal. There is also off-street parking potential, adding further value and flexibility.Two units will be delivered vacant at closing, giving the next owner immediate upside and the ability to bring rents to market value. Current rents are $825 and $825, with projected market rents of $1,450 for the second-floor unit and $1,200 for the split first-floor/basement unit. At full market rents, the property has the potential to generate approximately $51,600 in gross annual income.This is a strong opportunity for investors or owner-occupants looking for a property with solid upside in a prime location.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 1921

Price Summary

369,900

$92 per Sq. Ft.

MLS #:

202614643

Sold:

June 16, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

4,020 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

4,020 Sq. Ft.

Year Built:

1921


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$369,900

Price per Sq. Ft:

$92 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.