RENTED MAY 31, 2026

31 Terrace Ave Unit 2 Albany, NY 12203

Melrose Neighborhood

Estimated Value: $322,834 - $365,000

2 Beds
1 Bath
741 Sq Ft
$466/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Albany High School Rated A-
  • Rear Porch
  • Window Unit Cooling System

About This Home

As of May 2026

Location! Location! Meticulously maintained
Bright 2 bedroom 2nd floor apartment ~ Freshly painted, new carpet ~ eat-in kitchen ~ located between Washington and Western close to hospitals, colleges, shopping ~ washer/dryer inbasement occupied until end of December ~ New pictures to follow

Last Agent to Rent the Property

Richard Jacobson

REMAX Solutions License #30JA0735195 Listed on: 04/11/2026

REMAX Solutions

Co-Listed By

Sandra Jacobson

REMAX Solutions License #30JA0617033

Last Renter's Agent

Richard Jacobson

REMAX Solutions License #30JA0735195 Listed on: 04/11/2026

REMAX Solutions

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Landscaped
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • 741 Sq Ft Home
  • Blinds
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rear Porch

Schools

  • Pine Hills Elementary School
  • Albany High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas, internet, cable TV, electricity, heat, hot water
  • The owner pays for snow removal, grounds care, water
  • Assessor Parcel Number 010100 64.42-1-20

Property Details

Home Type

Apartment

Year Built

Built in 1935 | Remodeled

Lot Details

5,227 Sq Ft Lot

Rental Info

  • Tenant Pays: Gas, Internet, Cable TV, Electricity, Heat, Hot Water
  • Furnished: Unfurnished
  • Available Date: 2025-01-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Established: 2
  • Year Built: 1935
  • Directions: Washington Ave or Western Ave to Terrace Ave to #31
  • Above Grade Finished Sq Ft: 741.0
  • Architectural Style: 2nd Floor Apartment
  • Lot Size Acres: 0.12
  • Lot Size: 40X125
  • Full Bathroom Level: Second
  • Sale Detail Seller Contribution: No
  • Entry Level: 2
  • Co List Office Mls Id: o2834A
  • Co List Office Phone: 518-318-3800
  • Subdivision Name: Select One
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Hardwood, Tile
  • Appliances: Range, Refrigerator, Dishwasher, Range Hood, Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 741.0
  • Bedroom Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Window Features: Blinds
  • Entry Location: Front
  • Bathroom Levels Full Bathroom 1: 2nd
  • Owner Pays: Snow Removal, Grounds Care, Water
  • Dining Room Type: In Kitchen

Exterior Features

  • Construction Type: Vinyl Siding
  • Fencing: None
  • Other Structures: None
  • Patio And Porch Features: Rear Porch
  • View: Other
  • Waterfront: No
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Parking YN: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Hot Water
  • Laundry Features: Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Landscaped, Level
  • Parcel #: 010100 64.42-1-20
  • Lot Size Sq Ft: 5227.2

MLS Schools

  • Elementary School: Pine Hills
  • HighSchool: Albany

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2026 05/31/26 Rented $1,500 0.0% --
04/11/2026 04/11/26 Price Changed $1,500 0.0% $2 / Sq Ft
04/11/2026 04/11/26 For Rent $1,500 +3.4% --
04/07/2026 04/07/26 Under Contract -- -- --
02/25/2026 02/25/26 Price Changed $1,450 -9.4% $2 / Sq Ft
12/09/2025 12/09/25 For Rent $1,600 -- --
Source: Global MLS

Agents Affiliated with this Home

  • Richard Jacobson

    Landlord's Agent in 2026

    Richard Jacobson

    RE/MAX

    (518) 857-8093

    1 in this area

    55 Total Sales

    Richard Jacobson
    Section Image
  • Sandra Jacobson

    Landlord's Co-Listing Agent in 2026

    Sandra Jacobson

    RE/MAX

    (518) 858-8083

    57 Total Sales

    Sandra Jacobson
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202530603

Global MLS

APN: 010100-064-042-0001-020-000-0000

New York Albany County Albany 12203 Melrose

31 Terrace Ave Unit 2, Albany, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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