Sharon FronkRealtor® · Howard Hanna
LoadingActive
$250,000
97 3rd Avenue
Albany, NY 12202 · Albany County
5Beds
2.5Baths
1,540Sq Ft
0.12 acresLot Size
1900Year Built
$162Per Sq Ft
Est. P&I $1,264/moGet pre-qualified
Multi-Family 45 days on market
MLS# 202622293 Updated 2 weeks ago
Sharon’s Take
This 1900 duplex on a double lot offers five bedrooms and 2.5 baths across 1,540 square feet in Albany's Albany Central school district. The two-family structure is situated minutes from downtown, the State Capitol, and major highways including I-787 and I-90, with convenient access to restaurants, shops, parks, and public transit. A full basement and natural gas heat are included, and the expanded lot provides additional outdoor space rarely found within the city. Currently occupied and maintained, the property can support continued rental income or owner-occupancy arrangements.
Sharon Fronk · Howard Hanna Capital Region
About this property
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Albany sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$162
Days on market
45
Year built
1900
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21 facts pulled straight from the MLS listing.
Overview
Property TypeMulti-Family
Sub-TypeDuplex
Year Built1900
Days on Market45
StatusActive
MLS Number202622293
ListedJuly 22, 2026
Interior
Bedrooms5
Bathrooms2 full, 1 half
Living Area1,540 sq ft
Interior Features
Full BasementNatural Gas
Exterior & Lot
Lot Size0.12 acres
Building & Construction
Construction
Vinyl Siding
Financial
List Price$250,000
Price per Sq Ft$162
Est. Monthly P&I$1,264/mo
Location
CountyAlbany
School DistrictAlbany
Listing Details
Listed ByJerome P Newkirk of Revision Real Estate
Data SourceSpark Platform / Global MLS
Last UpdatedAug 20, 2026
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- Start97 3rd Avenue, Albany, NY 12202
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Schools
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Albany
Assigned school district
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About Albany, NY
Albany is in Albany County, NY. There are currently 255 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 21% below the Albany median of $314,900.
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Revision Real Estate · Listed by Jerome P Newkirk (22086)
Contact: 518-229-0366
MLS #202622293 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
