Property listing for 26 Daytona Ave, Albany, NY 12203
For SaleMulti-Family (Duplex)

$315,000

26 Daytona Ave, Albany, NY 12203

Updated 4BR/2BA Duplex Steps from the University at Albany

4 Bed · 2 Bath · 1,445 Sq Ft

Income-producing duplex with updated interiors and off-street parking

4

Beds

2

Baths

1,445

Sq Ft

1947

Built

0.11 acres

Lot

About 26 Daytona Ave

This brick duplex on Daytona Avenue delivers a clear blend of solid bones and contemporary updates — and it's positioned for steady rental demand a short walk from the University at Albany. Built in 1947 and thoughtfully maintained, 26 Daytona Ave offers two mirror units (each with 2 bedrooms and 1 bath) across 1,445 finished square feet. Hardwood floors and updated interiors in both units give the property an inviting, upbeat character while minimizing near-term maintenance for a new owner.

During a walk-through you notice practical systems: 200+ amp electrical service, natural gas hot-water baseboard heat, window air conditioning, and an asphalt roof — details that support comfortable, year-round tenancy. The full basement, accessible from interior and exterior points, opens possibilities for storage, laundry, or future value-add improvements. Off-street parking is handled with a paved driveway that accommodates two vehicles — a rare convenience in this pocket of the University District.

Location is an asset here. The property sits roughly 0.5 miles from the University at Albany, a steady source of renters and lease turnover. Shopping and services are close by too: Stuyvesant Plaza is about 1.2 miles away, Crossgates Mall 2.5 miles, and Washington Park about 2.0 miles — all within a short drive and some within bicycle range. Zoned R-2 for two-family residential use, this duplex works well for an investor seeking predictable cash flow or an owner-occupant who wants to offset housing costs by leasing the second unit.

Current tenancy produces immediate income: the units bring in established rents (unit rents shown in records), giving an estimated gross monthly rental of about $2,700 and a gross rental yield around 10.3%. Recent comparable sales in the neighborhood support a valuation range of $300,000–$330,000, and the property is competitively priced at $315,000. Buyers should verify roof and mechanical conditions, review leases and tenant history, and confirm lot boundaries as part of standard due diligence. With updated interiors, a strategic location, and strong local rental demand, 26 Daytona Ave is positioned as a pragmatic, income-ready opportunity in the University District.

Home Highlights

Updated interiors in both unitsIncome-producing duplex — tenant-occupiedEstimated gross monthly rent: $2,700Off-street paved parking for two vehiclesFull basement with dual accessR-2 zoning allows two-family residential use

Property Features

Interior Features

  • Two units: each with 2 bedrooms, 1 bathroom
  • Hardwood floors throughout main living areas
  • Updated interiors in both units
  • Full basement with interior and exterior access
  • 200+ Amp electrical service
  • Baseboard hot-water heating (natural gas)
  • Window A/C units

Exterior & Lot

  • Brick construction (1947)
  • Asphalt roof
  • Paved driveway with off-street parking for two vehicles
  • Level 0.11-acre lot (approx. 4,792 sq ft)
  • Standard residential frontage on Daytona Ave

Location & Neighborhood

  • University at Albany — 0.5 miles
  • Stuyvesant Plaza — 1.2 miles
  • Crossgates Mall — 2.5 miles
  • Washington Park — 2.0 miles
  • Zoned R-2: two-family residential use permitted

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities nearby
  • Nearby parks and recreational areas
  • Short commute to major retail and dining at Stuyvesant Plaza
  • Easy access to Western Ave (0.2 miles) for transit and commuting
  • Community green spaces and neighborhood sidewalks for daily walking

Neighborhood & Location

The University District blends established residential blocks with academic energy and convenient retail. Residents enjoy short trips to the University at Albany, easy access to Stuyvesant Plaza for groceries and restaurants, and larger shopping at Crossgates Mall. Tree-lined streets and neighborhood parks create a practical, community-oriented environment that appeals to students, faculty, and long-term renters. With steady rental demand and quick turnover for well-maintained units, this pocket of Albany offers both lifestyle convenience and investment resiliency.

Market Insights

The University District around Daytona Avenue is operating as a clear seller's market right now. Inventory is tight — roughly 1.5 months of supply — and homes in this corridor average about 11 days on market, which favors sellers and investors who price competitively. Median sale prices in the area sit near $312,000 with year-over-year appreciation of about 5% and roughly 15% over five years, signaling steady, long-term upward pressure. Recent comparable sales within a half-mile span from $275K to $365K underscore active pricing movement and buyer interest.

Multi-family properties in this micro-market perform especially well because of the proximity to the University at Albany and supporting tenants (students, staff, and young professionals). Lease comparables and present in-place rents indicate low vacancy and healthy rent-per-square-foot figures; the property’s current gross rental yield (~10.3%) and estimated monthly income (~$2,700) make this duplex attractive for investors seeking immediate cash flow. Given limited inventory and persistent demand, now is a favorable time to consider acquiring an income property here, provided buyers complete standard inspections and thoroughly review existing leases.

Nearby Schools

Eagle Point Elementary School

Elementary

6/10

William S Hackett Middle School

Middle

4/10

Albany High School

High

4/10

Walkability & Recreation

60
Walkability
75
Recreation

Very good access to parks and shopping: Washington Park (~2.0 miles), nearby neighborhood green spaces, Stuyvesant Plaza (1.2 miles) and Crossgates Mall (2.5 miles) for recreation and errands.

Investment Highlights

  • Updated interiors reduce near-term maintenance costs
  • Strong rental demand due to proximity to University at Albany
  • Off-street parking for two vehicles
  • Full basement offers additional storage or potential living space
  • Located in a desirable neighborhood with access to amenities

Key Findings

  • Property listed for sale at $315,000 as of January 30, 2026
  • Assessed value of $204,000 with annual taxes of $5,736
  • Zoned R-2 allowing two-family residential use
  • Comparable sales within 0.5 miles in the last 6 months range from $300K–$330K
  • Average days on market in the area: 11 days (seller's market)

Things to Consider

  • Built in 1947 — potential for aging infrastructure
  • Tenant-occupied — review lease agreements and tenant history
  • Middle and high schools have average ratings, which may impact family appeal
  • Roof age unknown — inspection recommended

Opportunity Analysis

Well-maintained duplex in a high-demand rental area near University at Albany. Updated interiors and strong market conditions suggest solid investment potential with minimal immediate maintenance needs.

Potential Use Scenarios

  • Owner-occupy one unit and rent the other to offset mortgage costs
  • Lease both units to capitalize on strong rental market
  • Monitor market trends for potential appreciation and resale opportunities

Risk Factors

  • Potential aging infrastructure due to 1947 construction
  • Tenant-occupied status requires lease agreement review
  • School ratings may affect long-term tenant demographics

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$300K

Midpoint

$315K

High

$330K

$218/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales of similar duplex properties in the area. Income approach supports valuation based on current rental income.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$312,000
Avg Days on Market11 days
Inventory1.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$55,000

Stable population with consistent demand for rental properties due to proximity to educational institutions. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • University at Albany (0.5 mi)
  • Stuyvesant Plaza (1.2 mi)
  • Crossgates Mall (2.5 mi)
  • Washington Park (2.0 mi)

Proximity to University at Albany and major shopping centers enhances rental demand. Nearby parks and recreational areas add to the neighborhood's appeal.

School District

DistrictAlbany City School District
ElementaryEagle Point Elementary School (6/10)
MiddleWilliam S Hackett Middle School (4/10)
HighAlbany High School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1947
Constructionbrick
Stories2
Roofasphalt
Heatingbaseboard, hot water, natural gas
Coolingwindow units
Basementfull
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.11 acres (4,792 SF)
Topographylevel
Parkingoff_street
Parking Spaces2
FrontageStandard residential frontage on Daytona Ave

Utilities

Waterpublic
Sewerpublic
Electric200+ Amp Service, Circuit Breakers
Gasnatural gas

Zoning & Land Use

Zoning CodeR-2
DescriptionTwo-Family Residential
JurisdictionCity of Albany

Allowed Uses

two family dwellingaccessory dwelling unithome occupation
Current Useresidential
Assessor UseTwo-Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$204,000
Land$40,800
Improvements$163,200
Annual Tax (2025)$5,736

Sale History

2014-05-02$160,000

$111/SF

Standard sale

2004-07-08$143,500

$99/SF

Standard sale

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