507 Central Ave Albany, NY 12206
West End NeighborhoodEstimated payment $2,065/month
Highlights
- No HOA
- Bathroom on Main Level
- 4-minute walk to Swinburne Park
- Albany High School Rated A-
- Baseboard Heating
About This Home
Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas utilities, month-to-month rental flexibility, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,674
Year Built
- Built in 1925
Lot Details
- 1,742 Sq Ft Lot
Home Design
- Duplex
- Asphalt
Interior Spaces
- 2,100 Sq Ft Home
- Basement Fills Entire Space Under The House
- Storage In Attic
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- Albany High School
Utilities
- Baseboard Heating
- Electric Baseboard Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 13.000 / 2
- Assessor Parcel Number 010100 65.37-2-13
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,540 | $117,000 | $23,400 | $93,600 |
| 2024 | $3,540 | $117,000 | $23,400 | $93,600 |
| 2023 | $3,272 | $83,000 | $16,600 | $66,400 |
| 2022 | $3,199 | $83,000 | $16,600 | $66,400 |
| 2021 | $3,192 | $83,000 | $16,600 | $66,400 |
| 2020 | $6,089 | $83,000 | $16,600 | $66,400 |
| 2019 | $3,268 | $83,000 | $16,600 | $66,400 |
| 2018 | $5,837 | $83,000 | $16,600 | $66,400 |
| 2017 | $1,857 | $83,000 | $16,600 | $66,400 |
| 2016 | $5,083 | $83,000 | $16,600 | $66,400 |
| 2015 | $3,842 | $80,400 | $16,100 | $64,300 |
| 2014 | -- | $80,400 | $16,100 | $64,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2026 05/19/26 | Pending | -- | -- | -- | |
| 05/13/2026 05/13/26 | For Sale | $325,000 | +225.0% | $155 / Sq Ft | |
| 10/31/2025 10/31/25 | Sold | $100,000 | +12.4% | $48 / Sq Ft | View Prior Sale |
| 10/02/2025 10/02/25 | Pending | -- | -- | -- | |
| 09/24/2025 09/24/25 | For Sale | $89,000 | -- | $42 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $100,000 | Premium Title | |
| Referees Deed | $101,000 | None Listed On Document | |
| Warranty Deed | $40,000 | -- | |
| Warranty Deed | $77,000 | -- |
About the Listing Agent
I have learned over the years that one of my greatest strengths is my ability to listen. No one can provide you with the desired outcome if they do not understand what is important to you. Whether you are looking to purchase or sell your home, the process begins with an in depth conversation that details desired results. We will then sit down and develop a strategy to achieve this goal. I understand that the most frustrating part of any significant decision we make in our lives is not
Joseph's Other Listings
Source: Global MLS
MLS Number: 202617063
APN: 010100-065-037-0002-013-000-0000
Ask me questions while you tour the home.