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556 Washington Ave

Albany, NY 12203

6 bd 2 ba 2,112 sqft Built 1904 Lot 1,750 sqft multi_family
Most recent sale
$310,000
May 3, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2024 Sold $310,000 GlobalMLS
Mar 14, 2024 Listed $300,000 GlobalMLS
Aug 14, 2023 Sold $300,000 Public Record
Jul 19, 2023 Listing removed GlobalMLS
Jul 17, 2023 Listed for rent $2,000 GlobalMLS
May 9, 2008 Sold $35,000 Public Record
Jun 6, 2005 Sold $130,612 GlobalMLS
Apr 12, 2005 Listed $139,900 GlobalMLS
Jul 29, 2002 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,000 $56,000 $280,000 $7,506
2024 $224,000 $56,000 $280,000 $5,908
2023 $71,200 $17,800 $89,000 $3,634
2022 $71,200 $17,800 $89,000 $3,610
2021 $71,200 $17,800 $89,000 $3,743
2020 $71,200 $17,800 $89,000 $3,376
2017 $71,200 $17,800 $89,000 $3,603
2016 $71,200 $17,800 $89,000 $3,433
2015 $71,200 $17,800 $89,000 $3,118
2014 $55,400 $29,600 $85,000 $3,036
2013 $55,400 $29,600 $85,000 $3,287
2012 $55,400 $29,600 $85,000 $3,219
2010 $55,400 $29,600 $85,000 $3,152

Property facts

Year built
1904
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
2,112 sqft
Lot size
1,750 sqft
ZIP code
12203
City
Albany
Street
Washington Ave
Coordinates
42.66443, -73.77708

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,860
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 556 Washington Ave last sell?
556 Washington Ave most recently sold on May 3, 2024 for $310,000.
What is the current tax assessment for 556 Washington Ave?
The most recent total assessment for 556 Washington Ave (year 2025) is $280,000 with $7,506 in property tax.
How does 556 Washington Ave's assessment compare to its last sale price?
The current assessment is 9.7% below the last sale price of $310,000.
When was 556 Washington Ave built?
556 Washington Ave was built in 1904.
How does 556 Washington Ave compare to others on Washington Ave?
We track 8 other properties on Washington Ave. Browse the list under "Other properties on Washington Ave" to compare beds, baths, and sale history.
What are the property facts for 556 Washington Ave?
556 Washington Ave is a 6 bed, 2 bath, 2,112 sqft, 1,750 sqft lot multi_family.
Is 556 Washington Ave a flip candidate?
No — 556 Washington Ave does not appear in our flips dataset.
Is 556 Washington Ave a tax-appeal candidate?
No — 556 Washington Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.9%
2026 Q3
$582.5K
2026 Q4
$609.8K
ZIP 12203 — Median Price History + Forecast

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