$2,750,000
2607 Cardinal St, Albany, GA 31701
Attention Investors! Fabulous opportunity to begin or increase your portfolio with this 35 unit, turn key business!--Thirty-five--2 bedroom, 1 bathroom units--Excellent rental history--Well maintained--Conveniently located to medical facilities, shopping and dining--7 buildings: building one has 3 units, building two has 6 units, building three has 6 units, building four --3 units, building
Cindy Martins
HRP Realty
(229) 279-6255
Explore Albany
$895,000
2600 Cardinal St, Albany, GA 31701
Cindy Martins
Hrp Realty, LLC
(229) 410-2849
$469,900
137 Joiner Dr, Albany, GA 31721
Cindy Martins
Hrp Realty, LLC
(229) 304-3799
$49,999
1311 Avalon Ave, Albany, GA 31707
This solid block duplex offers tons of potential. With just a little cosmetic work, it's ready to start generating rental income. Perfect for investors or owner-occupants who want to live in one unit while renting out the other. The durable block construction keeps maintenance costs low, making it an easy, long-term investment. SELLER/OWNER
Andre Merkerson Prestige Realty Services
$49,999
1213 Avalon Ave, Albany, GA 31707
This solid block duplex offers tons of potential. With just a little cosmetic work, it's ready to start generating rental income. Perfect for investors or owner-occupants who want to live in one unit while renting out the other. The durable block construction keeps maintenance costs low, making it an easy, long-term investment. Just need to update electrical and is ready. Seller/agent
Andre Merkerson Prestige Realty Services
$228,500
1910 Elkhorn Ln, Albany, GA 31707
Attention investors! Here is a rare opportunity to own a solid brick apartment located in Northwest Albany. Each unit features three bedrooms and two bathrooms. These apartments have undergone renovations within the last four years, featuring updates that include new HVAC systems, a 30-year architectural roof, replacement of carpets in the bedrooms, a new water heater, and updated light fixtures.
Vickki Blanch Love That House Realty Co.
$228,500
3104 Fernridge Dr, Albany, GA 31721
Great Opportunity to expand your rental portfolio or start one. This all-brick duplex, consisting of three bedrooms and two bathrooms on each side, is located in NW Albany and features a long-term tenant with an excellent rental history. There's a Bonus room, perfect for working from home or a child's play area.
Vickki Blanch Love That House Realty Co.
$199,900
2215 E Broad Ave, Albany, GA 31705
Mary Linda Cotten Coldwell Banker Walden & Kirkland
$375,000
2126 Martin Luther King Junior Dr, Albany, GA 31701
Tambi Wingate Williams Cobblestone Realty Partners
$665,000
911 W 3rd Ave, Albany, GA 31701
Callie Hughey-Walker Hughey & Neuman, Inc.
$110,000
1003 W 2nd Ave, Albany, GA 31701
Jackie Dixon 1 Key Realty LLC
$90,000
305 6th Ave, Albany, GA 31701
Discover a prime investment in a well-located rental duplex just minutes from the hospital. This property currently generates $500 per month per unit, with an upcoming increase to $600, ensuring a steady income stream. With flexible month-to-month leases, it offers both convenience and adaptability for tenants. This duplex is also available as a package deal with 303 Sixth Ave, adding extra
William Wright Southeastern Outdoors
$90,000
303 6th Ave, Albany, GA 31701
Discover a prime investment in a well-located rental duplex just minutes from the hospital. This property currently generates $500 per month per unit, with an upcoming increase to $600, ensuring a steady income stream. With flexible month-to-month leases, it offers both convenience and adaptability for tenants. This duplex is also available as a package deal with 305 Sixth Ave, adding extra
William Wright Southeastern Outdoors
$149,900
1157 Gillionville Rd, Albany, GA 31707
RaShaunda L. Muldrow The Real Estate Concierge LLC
$100,000
631 Burke Ave, Albany, GA 31701
Jack Bell Hrp Realty, LLC
$42,500
907 W Highland Ave, Albany, GA 31701
RaShaunda L. Muldrow The Real Estate Concierge LLC
$265,000
711 W 2nd Ave, Albany, GA 31701
Chris Faulk Coldwell Banker Walden & Kirkland
$149,900
1155 Gillionville Rd, Albany, GA 31707
RaShaunda L. Muldrow The Real Estate Concierge LLC
$132,000
1147 Gillionville Rd, Albany, GA 31707
RaShaunda L. Muldrow The Real Estate Concierge LLC
Albany's vibrant cultural scene centers around the Flint RiverQuarium, where visitors explore fascinating aquatic ecosystems unique to the region. The historic Radium Springs Gardens showcases crystal blue waters flowing from one of Georgia's largest springs, while Chehaw Park spans extensive grounds featuring a zoo, BMX track, and camping facilities. The Albany Museum of Art and Civil Rights Institute preserve the city's rich artistic and social heritage.
The housing market in Albany presents affordable options across diverse neighborhoods. The median price for single family homes ranges from $67,500 in Highland Park to $360,500 in Doublegate. Lake Park commands a median price of $291,200 for single family homes, while the Albany Historic District sees median prices around $104,000. Townhomes in Albany have a median price of $140,000, and two bedroom condos typically sell for a median of $122,500.
Albany's cost of living sits 23.1% below the national average. A family with school age children needs approximately $83,000 annually to live comfortably, while renters require about $44,000. The property tax rate is 1.39%, with a combined sales tax of 7.42%. Major employers include the Marine Corps Logistics Base, Phoebe Putney Memorial Hospital, and Procter & Gamble. St. Teresa's Catholic School, rated A by Niche, serves multiple neighborhoods including Lake Park and Merry Acres. The Albany Transit System connects residents throughout the city, while the Southwest Georgia Regional Airport provides commercial flights to Atlanta. The humid subtropical climate features hot summers with temperatures in the upper 80s to mid 90s and mild winters ranging from 40 to 60 degrees Fahrenheit.
On average, homes in Albany, GA sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Albany, GA over the last 12 months is $202,950, up 56% from the median home sale price over the previous 12 months.
In Albany, homebuyers often look for space, shade, and traditional Southern style homes well-suited to the local climate.
In Albany, there are currently 19 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $42,500 to $2,750,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Albany is $189,900, while the average sale price is $199,373, offering insights into the local housing market. On average, multi-family homes spend 57 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Albany, GA.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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