6 days on Rocket
$2,957 Closing Credit¹
#202512982, Binglin Li, Listing Office: KW Platform
$324,999 List price
528 Madison Ave Albany, NY 12208
$3,859
Closing credit¹
5 beds
4 full
1,994 sqft
0.04 acres
$163 / sqft
Multi-Family
Property details
About 528 Madison Ave
Fantastic investment opportunity! This brick 4-family is just a 5-minute walk to Albany Medical Hospital and College, with Albany Law School, VA Hospital, and Washington Park all within 0.25 miles, ensuring high rental demand. The property boasts large windows that bring in tons of natural light and high ceilings that enhance the spacious feel of each unit. Completely cleaned out and ready for you, this property needs a little TLC but has huge potential, easily generating $5,000+ in monthly rental income. This is an assignment of contract, so we're looking for a quick closing with a 10% EMD due at contract signing. Owner financing and creative financing options available! Don't miss out on this prime cash-flow opportunity—schedule your showing today!
Highlights
Home typeQuadruplex
HeatingHot Water
StatusActive
Size1,994 sqft
BasementYes
Lot size0.04 Acres
Year built1903
MLS #202513314
Summary
- MLS Number: 202513314
- MLS Name: Global MLS
- Office Name: Wolf River Real Estate, LLC
- Office Phone: (518) 390-7059
- Office Email: WolfRiverRE@gmail.com
- Listing Agent: Angela Gonyo
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: 3/14/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$324,999
528 Madison Ave
$3,859
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 18, 2010 | Home Sold | $233,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $233,000 | $- |
| 2022 | $233,000 | $12,574 |
| 2021 | $233,000 | $12,574 |
| 2020 | $233,000 | $12,574 |
| 2019 | $233,000 | $12,116 |
| 2018 | $233,000 | $12,857 |
| 2017 | $233,000 | $11,993 |
History based on county public records data.
Nearby schools
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
0.5 mi
•94 Delaware Ave
2
Sheridan Preparatory Academy
Public District PK-5
0.6 mi
•400 Sheridan Ave
5
Brighter Choice Charter School for Girls
Public Charter KG-5
0.6 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 $37,202. Residents of Albany, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
4%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Qdoba
What do the neighbors drive?
Mazda
Pontiac
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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This home is located at 528 Madison Ave in Albany, NY and zip code 12208 in the Park South neighborhood. This 1,994 square foot home, which was built in 1903, sits on a 0.04 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $324,999.
Albany, NY housing market in February 2025 saw over 32 listings sold above listed price, more than 7 sold at listed price and over 34 sold below. The number of listings in Albany, NY decreased by 20.5% between January and February 2025. Listings spent 38 days on the market in February 2025, and had a median list price of $294,571 during the same period.
From Rocket Homes Real Estate and based on county public records data.