6 hours on Rocket
#202521875, Luke Khachadourian, Listing office: KW Platform
$275,000 List price
497 3rd St Albany, NY 12206
6 beds
2 full
2,412 sqft
0.08 acres
$114 / sqft
Multi-Family
Property details
About 497 3rd St
This turnkey investment has been well-cared for and is ready to turn a profit for its new owner. Both units have been renovated in the last two years, long term tenants in place in both units. Recession-proof cash flow in this duplex. Drive by only, do not disturb tenants.
Highlights
Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingWall Unit(s)
Size2,412 sqft
BasementYes
Lot size0.08 Acres
Year built1870
MLS #202521541
ViewCity
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Tile, Hardwood, Laminate
- Total Bedroom Count: 6
- View: City
- Exterior: None, Porch, Enclosed Porch
- Architectural Style: Other
- Heating: Natural Gas
- Cooling: Wall Unit(s)
- List Price: $275,000
- Price/SqFt: $114
- Annual Tax Amount: $2,786
- Tax Year: 2022
- Directions: Right on Manning, left on 3rd st
- Year Built: 1870
- Living Area: 2,412 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 202521541
- MLS Name: Global MLS
- Office Name: KW Platform
- Office Email: scottvarley@kw.com
- Listing Agent: Scott P Varley, Chelsea Barraco
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/17/2025, 4:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 13, 2006 | Home Sold | $68,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $68,000 | $- |
| 2022 | $68,000 | $2,786 |
| 2021 | $68,000 | $2,786 |
| 2020 | $68,000 | $2,786 |
| 2019 | $68,000 | $2,579 |
| 2018 | $68,000 | $2,586 |
| 2017 | $68,000 | $3,108 |
History based on county public records data.
Nearby schools
3
Philip J. Schuyler Achievement Academy
Public District PK-5
0.3 mi
•676 Clinton Ave
6
Brighter Choice Charter School for Boys
Public Charter KG-5
0.4 mi
•116 N Lake Ave
5
Brighter Choice Charter School for Girls
Public Charter KG-5
0.5 mi
•250 Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,897. The most common annual income of people living in Albany, NY is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
71%
<35k
22%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
32%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 497 3rd St
The listing price of 497 3rd St property is $275,000.
The property 497 3rd St is a multi located in Albany, New York, 12206.
Active Listing: 497 3rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 497 3rd St are: Philip J. Schuyler Achievement Academy (GreatSchools Rating 3/10), Brighter Choice Charter School for Boys (GreatSchools Rating 6/10), Brighter Choice Charter School for Girls (GreatSchools Rating 5/10), Kipp Tech Valley Charter School (GreatSchools Rating 3/10), William S. Hackett Middle School (GreatSchools Rating 3/10), North Albany Middle School (GreatSchools Rating 2/10), Albany High School (GreatSchools Rating 4/10), Albany Leadership Charter High School for Girls (GreatSchools Rating 3/10), Green Tech High Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $2,786 (source: MLS/based on county public records data).
The last sale was on June 13, 2006 for $68,000 (source: MLS/tax record).
The property 497 3rd St is 2,412 SqFt (source: MLS/tax record).
The year of construction for 497 3rd St is 1870.
This home is located at 497 3rd St in Albany, NY and zip code 12206 in the West Hill neighborhood. This 2,412 square foot home, which was built in 1870, sits on a 0.08 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $275,000.
While more than 57 listings in Albany, NY in June 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 27 were sold below. The inventory of homes for sale in Albany, NY between May and June 2025 decreased by 9.3%. In June 2025, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $295,000.
From Rocket Homes Real Estate and based on county public records data.