Sales comparison approach using recent sales of similar duplex properties in the area. Income approach supports valuation based on current rental income.
Updated 4BR/2BA Duplex Steps from the University at Albany
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.
See the properties helping shape the valuation.
Comparable sales
- 245 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- Similar lot size
- 13 years newer
- 27 SF larger
- 1,208 SF larger lot
- 14 years newer
- 15 SF larger
- 708 SF larger lot
- 8 years newer
A 1947 duplex on 0.11 acres.
Building
Site & utilities
University District
Researched nearby locations
Location
26 Daytona Ave, Albany, NY 12203
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.
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.
A factual market snapshot around 26 Daytona Ave.
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.
Two-Family Residential
Zoning
Research-indicated uses
- Two Family Dwelling
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 2 fewer bedrooms
- 1 fewer bathroom
- Same living area
- 2 fewer bedrooms
- 1 fewer bathroom
What the research supports — and what is still worth verifying.
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)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify condition of roof and mechanical systems
- Review current lease agreements and tenant history
- Professional home inspection
- Confirm zoning restrictions and any overlay districts
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.