281 Sherman St

2,290 Sq. Ft.
$70 / Sq. Ft.
2,290
Sq. Ft.
$70
per Sq. Ft.

Description

Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!
  1. Listed by Stephen M McCormick • Tier One Real Estate Pros LLC
    P: (518)-698-6321 C: (518)-698-6321 theREIpros518@gmail.com

Property Details for 281 Sherman Street

Architectural Style
Traditional
Waterfront
No
LISTING UPDATED: 03/02/2026 04:09 PM

Property Details for 281 Sherman Street

StatusActive
MLS #202611678
Days on Market25
Taxes$2,629 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1926
Lot Size0.04 AC / 1,742 SF
CountyAlbany County

Location

Listing Courtesy of Tier One Real Estate Pros LLC
Add your commute

Building Information for 281 Sherman Street

Stories-Residences2Year Built1926Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$999 per month

30 year fixed, 6.15% Interest

Principal and Interest

$780

Property Taxes

$219

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 281 Sherman Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Off of N. Lake Ave
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12206
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.77
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 40.000
  • Tax Block: 3
  • Parcel Number: 010100 65.55-3-40
  • Tax Tract: 65.55
  • Tax Annual Amount: $2,629.31
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1926
  • Above Grade Finished Area: 2290.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 1145.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
Building Information
  • Living Area: 2290.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Heating: Hot Water
  • Basement: Full
  • Construction Materials: Other, Brick
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Total Full Baths: 1
Unit 2
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Total Full Baths: 1

Property History for 281 Sherman Street

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

GLOBAL MLS #202611678

$159,999
Oct 30, 2025

Sold (Public Record)

Public Record #1922237617

$125,000

+10.0% / yr

Oct 21, 2011

Sold (Public Record)

Public Record #322513838

$33,000

+1.5% / yr

May 6, 2005

Sold (Public Record)

Public Record #236684368

$30,000
DateEvent & SourcePrice
02/05/2026

Listed (Active)

GLOBAL MLS #202611678

$159,999
10/30/2025

Sold (Public Record)

Public Record #1922237617

$125,000

+10.0% / yr

10/21/2011

Sold (Public Record)

Public Record #322513838

$33,000

+1.5% / yr

05/06/2005

Sold (Public Record)

Public Record #236684368

$30,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 281 Sherman Street

Taxable ValueLand$22,800Additions$91,200Total$114,000
Home Facts
Baths2Total Finished SqFt2,290 SqFtAbove Grade Finished SqFt2,290 SqFtStories2Lot Size1,750 SqFtStyleDuplexYear Built1900ZoningR2ACountyALBANYAPN010100 65.55-3-40

Schools near 281 Sherman Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Philip J Schuyler Achievement Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 12

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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281 Sherman Street is a multi-family home for sale in Albany, NY 12206. This property was listed for sale on February 5, 2026 by Tier One Real Estate Pros LLC, it's currently listed at $159,999. It has been on the market for a total of 25 days and was last sold on October 30, 2025. This listing's school district is Albany City School District. Nearby schools include Philip J Schuyler Achievement Academy, Stephen And Harriet Myers Middle School and Albany High School. 281 Sherman Street is a 6-bed, 2-bath, 2,290 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tier One Real Estate Pros LLC

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