See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

511 Morris Street, Albany, NY, 12208

5beds
2baths
2,103sqft
$274,900
$131price/sqft
$2,234/moest. monthly cost
$89,360/yrincome needed

About This Home

Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

Getting Around

82
WalkingVery Walkable
56
TransitGood Transit
65
BikeBikeable

Schools

6/10
4/10
Albany High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Shingle,Asphalt
  • Construction materials: Aluminum Siding,Drywall,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features
  • Flooring: Carpet,Ceramic Tile,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 2,103

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,103
  • Total interior livable area: 2,103 sqft

Property

Details

  • Parcel number: 010100 64.76165
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Patio & porch: Side Porch,Enclosed
  • Exterior features: Other
  • Fencing: None

Lot

  • Lot size: 4,791 sqft
  • Features: Rolling Slope,Cleared

Parking

  • Parking features: Off Street,Paved,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Tornado

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$108$1,296
Property Taxes $389$4,668
Electricity $347$4,170
Total$2,234$26,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,594/yr
40% on housing$67,020/yr
45% on housing$59,573/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 12208$177
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12208$197
Albany County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-25Price change$274,900
2026-03-11Listed for sale$289,900
2017-12-15Sold$148,400
2012-06-21Sold$127,500

For Sale by Agent

AgentHany Y Ayoub
BrokerageVenture Fox Realty Group LLC

Similar Homes