For Sale58d on marketHistoric · 126 yrs

693 State Street

Albany, NY, 12203 • Pine Hills • Albany County

$289,900

$117/sqft

-$10,000 since Mar 5, 2026

Down payment assistance available

6Beds

2Baths

2,472Sqft

0.05 acLot

1900Built

Property DNA

3 highlights

Traditional Style

Built 1900 · 126 years of history

Outdoor Living

Enclosed

Hardwood Floors

Quality flooring throughout

This home is getting attention

Listed 58 days ago · 1,118 views · 44 saves

Market activity

Demand and pricing signals for this listing

1,118 views

People checking out this listing

44 saves

Buyers have saved this home

58 days on market

Established listing

$117/sqft

Price per square foot

Selling Soon Prediction

Moderate

This home ranks in the top 45% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Multi Family · Built 1900 · Historic

Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.

Estimated monthly payment

Based on current rates

$1,828/month

Principal & Interest$1,441

Property Tax$290

Insurance$97

Down payment20% ($57,980)

3%50%

Est. 6.34% rate · 30yr fixed · $231,920 loan

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At a glance

Key facts and listing details

TypeDuplex, Multi Family

Year Built1900

HeatingRadiant, Natural Gas

ParkingNo Data

Days on Zillow58 Days

Price/sqft$117

Property

Home typeMulti Family

Sub-typeDuplex, Multi Family

StyleTraditional

Year built1900

Systems

HeatingRadiant, Natural Gas

RoofAsphalt

ConstructionAluminum Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

BasementFull,Unfinished

Lot2,178 sqft

Location & Tax

NeighborhoodPine Hills

Annual tax$4,626

Parcel0101006562318

Bathrooms & Fees

Full baths2

Features & details

7 categories of property features

Interior Features

Interior

Solid Surface Counters

Ceiling Fan(s)

High Speed Internet

Flooring

Hardwood

Laminate

Heating

Radiant

Natural Gas

Exterior Features

Exterior

None

Construction

Aluminum Siding

Patio & Porch

Enclosed

Lot Features

Level

Listing insights

Market data and value estimates

StatusFor Sale

Days on market58

Est. value$286,500

Est. rent$1,705/mo

Tax rate1.71%

Price/sqft$117

On marketJan 28, 2026

PostedJan 28, 2026

Last sold$215,000

MLS statusActive

MLS updatedMar 5, 2026

Tour days9

Favorites44

How are the schools in Albany?

3 schools rated nearby

Philip J Schuyler Achievement Academy

Primary • Public • PK-5

0.3 mi

NORTH ALBANY ACADEMY MIDDLE SCHOOL

Middle • Public • 6-8

2.0 mi

Albany High School

High • Public • 9-12

0.4 mi

Location

Albany, NY, 12203

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Mar 5, 2026Price Change$289,900$117Global MLS

Jan 21, 2026Listed For Sale$299,900$121Global MLS

Nov 28, 2016Sold$215,000$87Public Record

Price Change$289,900

Mar 5, 2026•$117/sqft•Global MLS

Listed For Sale$299,900

Jan 21, 2026•$121/sqft•Global MLS

Sold$215,000

Nov 28, 2016•$87/sqft•Public Record

Tax history

25 years of records

YearTax paidAssessed value

Mar 27, 2024—$249,000

Mar 27, 2023—$104,000

Mar 27, 2022—$104,000

Mar 27, 2021—$104,000

Mar 27, 2020—$104,000

Mar 27, 2019—$104,000

Mar 27, 2018—$104,000

Mar 27, 2017$3,819$104,000

Mar 27, 2016$3,795$104,000

Mar 27, 2015—$103,400

Mar 27, 2014—$103,400

Mar 27, 2013—$103,400

Mar 27, 2012—$133,900

Mar 27, 2011—$133,900

Mar 27, 2010—$133,900

Mar 27, 2009—$133,900

Mar 27, 2008—$133,900

Mar 27, 2007—$133,900

Mar 27, 2006—$77,200

Mar 27, 2005—$77,200

Mar 27, 2004—$77,200

Mar 27, 2003—$77,200

Mar 27, 2002—$67,800

Mar 27, 2001—$67,800

Mar 27, 2000—$67,800

Nearby homes

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2 bd1 ba

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Off Market

3 bd1 ba1,000 sqft

691 State St #2, Albany, NY

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$261,100

5 bd3 ba1,976 sqft

695 State St, Albany, NY

Off Market

$128,000

3 bd1 ba1,200 sqft

695 State St, Albany, NY

Off Market

$128,000

4 bd3 ba1,976 sqft

695 State St, Albany, NY

Off Market

$197,700

5 bd1.1 ba1,612 sqft

689 State St, Albany, NY

Neighborhood details

Local context around this listing

Albany, NY • Albany County

Nearby neighborhoods

Arbor HillBuckingham Lake - CrestwoodCampus Area (University District)Delaware AvenueHelderbergLoudonvilleNew ScotlandPine HillsWest HillWestmere

Nearby cities

AlbanyAltamontCohoesDelmarGlenmontLathamSchenectadySlingerlands

Nearby zip codes

12202122031220412205122061220812209122101221112262

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Value estimates

Live

Est. value$286,500

Est. rent$1,705/mo

30yr rate est.6.34%

Affordability$1,959/mo

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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker

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