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865 Madison Avenue, 
Albany, NY 12208

$599,900


9

Beds


7

Baths


5,298

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Philip W Wagner

Wagner Real Estate Group

1 518-378-5741

Last updated:

May 15, 2026, 02:31 PM

MLS#

202613988

Source:

Global MLS

About This Home

865 Madison Avenue

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

Home Facts

Multi-Family

7 Baths

9 Bedrooms

Built in 1900

Price Summary

599,900

$113 per Sq. Ft.

MLS #:

202613988

Last Updated:

May 15, 2026, 02:31 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

5,298 Sq. Ft.


Structure

Structure

Architectural Style:

Apartment 4 Plus Unit

Building Area:

5,298 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$599,900

Price per Sq. Ft:

$113 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.