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Property Description

An outstanding opportunity on Albany's vibrant Delaware Avenue! This four unit property offers the ideal combination of income potential, location and flexibility for investors and owner-occupants alike. The building features three 2-bedroom/1 bath apartments and one 1 bedroom/1-bath apartment, along with vinyl replacement windows throughout. A major bonus rarely found with city multifamilies: four garages available for tenant use, adding valuable convenience and rental appeal. The first-floor rear apartment is currently vacant, creating an excellent opportunity for an owner-occupant or allowing an investor to select their next tenant. This unit has been refreshed with a new kitchen floor, new refrigerator, new bathroom vanity and toilet, new blinds, plus an enclosed porch. Tenants also enjoy access to coin-operated shared laundry in the basement. And the location is hard to beat. Situated directly along the Delaware Avenue corridor, the property is convenient to neighborhood restaurants, shopping, services, downtown Albany and major employment centers, with CDTA bus service right along Delaware Avenue providing easy connections throughout the area. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, 227 Delaware Ave offers the versatility, amenities and location that make a multifamily property stand out.

227 Delaware Avenue | MLS# 202627785

This multi-family property located at 227 Delaware Avenue, Albany, NY 12209 is currently listed for sale with an asking price of $375,000. Delaware Avenue is located within the Albany school district. Search Albany real estate on kellie-nevins.coldwellbankerprime.com today.

Upcoming Open Houses

Open House Sunday October 11th, 11:00am - 1:00pm

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Garage: 4
Heating: Baseboard, Other
Home Style: Other
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $8,512
Year Built: 1930

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Exterior: Other
Flooring: Ceramic Tile, Hardwood, Linoleum
Laundry: Common Area, In Basement
Lot: Level
Parcel #: 010100 76.46-4-11
Parking: Off Street, Storage, Detached, Driveway, Garage
Parking Total: 5
Parking Total: 5
Patio/Porch: Front Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 4848
Water: Public

Local Schools

High School: Albany
School District: Albany

Estimate Your Payment

Estimated Payment

$ 1,653.30 per month $834.59 Principal & Interest $709.33 Property Tax $109.38 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Monticello
Agency Phone: 1 518-423-1916

Shown By

Agent Name: Kellie Nevins
Agent Phone: (518) 224-0807 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 10/09/2026. The listing information on this page last changed on 10/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/09/2026 12:07:08 AM EST) or Global MLS (last updated Thu 10/08/2026 11:52:30 PM EST) or New York State Alliance MLS (last updated Fri 10/09/2026 12:03:12 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 10/09/2026 12:01:17 AM EST) or Berkshire MLS (last updated Thu 10/08/2026 8:13:15 PM EST) or OneKey MLS (last updated Fri 10/09/2026 12:00:25 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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