Back 290 Morton Avenue
Off Market

290 Morton Avenue

Albany NY 12209

7
5
4020 sq. ft.
2613.6 sq. ft.
Duplex
Last sold for $392,000
Garret HebertGarret Hebert, last sold this property on 16 June 2026 after 68 days on market.

Overview

Offered for the first time in over 40 years, this well-maintained 4-unit property blends classic character with thoughtful updates throughout. The current owner has taken pride in preserving the original charm, featuring beautiful original woodwork and details you don't often find anymore.The building offers a common coin-operated washer and dryer for added tenant convenience, along with a rear deck overlooking Albany perfect for enjoying a great 4th of July fireworks show.Located in the heart of Albany, this property is within walking distance to local parks and is especially convenient for medical students, adding to its strong rental appeal. There is also off-street parking potential, adding further value and flexibility.Two units will be delivered vacant at closing, giving the next owner immediate upside and the ability to bring rents to market value. Current rents are $825 and $825, with projected market rents of $1,450 for the second-floor unit and $1,200 for the split first-floor/basement unit. At full market rents, the property has the potential to generate approximately $51,600 in gross annual income.This is a strong opportunity for investors or owner-occupants looking for a property with solid upside in a prime location.

Features

7 bedrooms
5 bathrooms
4020 sq. ft. floor area
2613.6 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 7 bedroom duplexes sold in Albany over the last 12 months.

Property history for 290 Morton Avenue

2026
Sold
$392,000
16 Jun 2026 by Garret Hebert, of Clancy Real Estate

Happy sellers in Albany

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Local market activity for 7 bedroom duplexes in Albany

In the last 12 months, 2 seven-bedroom duplexes similar to 290 Morton Avenue, have been sold.

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