Albany, GA Multifamily Homes & Duplexes for Sale

/17
$485,000
- 6 Beds
- 4 Baths
- 2,728 Sq Ft
137 Joiner Dr, Albany, GA 31721

ATTENTION INVESTORS!! Fabulous opportunity to add to or start your portfolio! NEW construction duplex in West Lee County -- 3 Bedrooms, 2 bathrooms and a bonus room on each side -- Open floorplan -- Luxury vinyl plank throughout -- Granite countertops -Family room -- Dining area -- Bedrooms are a nice size with good closet space -- Bonus room -- Situated on a cul-de-sac -- Lee Co School system --

Cindy Martins

Hrp Realty, LLC

(229) 304-3799

137 Joiner Dr, Albany, GA 31721
Explore Albany
/2
$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

2607 Cardinal St, Albany, GA 31701
/66
$199,900
- 4 Beds
- 2 Baths
- 4,525 Sq Ft
2215 E Broad Ave, Albany, GA 31705

Commercial and multi-family Potential. All on one lot. . The 3600 square foot stone building with a turnkey opportunity for profit. The bottom floor is ready to be rented for a business, and top floor is duplex- each apartment with 2 bedrooms 1 bath. completely move-in ready. on the same property there is 925 square foot building that originally was a restaurant but has multiple uses.

Mary Linda Cotten Coldwell Banker Walden & Kirkland

2215 E Broad Ave, Albany, GA 31705
/15
$375,000
- 16 Beds
- 8 Baths
- 5,890 Sq Ft
2126 Martin Luther King Junior Dr, Albany, GA 31701

Nice investment package that includes 2126 MLK Jr A-D & 315 Flintside A (VACANT), B, C (VACANT), & D. All units are 2 Bedrooms / 1 Full Bathroom Brick Quads. Washer/Dryer Connections in each unit Window Units for heating & cooling. No Appliances Included. Vinyl Flooring throughout. New Kitchen Cabinets. Several units have been newly updated. Roofs are approximately 6 years old. Immediate cash

Tambi Wingate Williams Cobblestone Realty Partners

2126 Martin Luther King Junior Dr, Albany, GA 31701
/11
$93,900
- 3 Beds
- 1 Bath
- 850 Sq Ft
1714 Jean Ave, Albany, GA 31705

Attention investors and first-time home buyers: this is an incredible opportunity to own a well-maintained residence in a friendly neighborhood. With its modern updates, this home is move-in ready while still offering potential for personalization. Welcome to 1714 Jean Ave, a beautifully updated property that has seen fresh improvements in the last three years! This delightful home boasts a

Curtis Green HRP REALTY LLC

1714 Jean Ave, Albany, GA 31705
/32
$209,900
- 3 Beds
- 2 Baths
- 1,618 Sq Ft
2304 Tuxedo Ln, Albany, GA 31707

Looking for a wonderful low-maintenance place to live that is close to everything? Look no further!! This 3 bedroom 2 bathroom condo has just been COMPLETELY renovated with a fresh modern look and is ready for its new owners. All new paint, new flooring, new light fixtures, new everything in the kitchen including appliances! Large living area with a cozy gas fireplace, three spacious bedrooms and

Annick Smith Coldwell Banker Walden & Kirkland

2304 Tuxedo Ln, Albany, GA 31707
/9
$665,000
- 8 Beds
- 4 Baths
- 8,874 Sq Ft
911 W 3rd Ave, Albany, GA 31701

Outstanding opportunity for owner occupant or investor. This completely renovated historic Garden District quadruplex is centrally located and just a short distance from Phoebe Putney hospital! This property consists of 4 units, each with 2 bedrooms, 1 bath, living room, dining room and a fully equipped kitchen. Details found throughout are gorgeous hardwood floors, crown molding, fresh neutral

Callie Hughey-Walker Hughey & Neuman, Inc.

911 W 3rd Ave, Albany, GA 31701
/15
$110,000
- 4 Beds
- 2 Baths
- 1,456 Sq Ft
1003 W 2nd Ave, Albany, GA 31701

This two story duplex would be a great addition to your investment portfolio! Rental income is $1200/month! It has 4 total bedrooms and 2 bathrooms.

Jackie Dixon 1 Key Realty LLC

1003 W 2nd Ave, Albany, GA 31701
/14
$165,000
- 6 Beds
- 4 Baths
- 2,576 Sq Ft
418 Faith Ave, Albany, GA 31701

Welcome to 418 Faith Avenue, a delightful 6-bedroom, 4-bathroom duplex in the heart of Albany, GA! Built in 2003, this 2576 sq. ft. duplex sits on a spacious 9,583 sq. ft. lot, offering plenty of room for relaxation and outdoor fun. Step inside to find a warm and inviting living space, ideal for creating lifelong memories. The open floor plan allows for easy flow between the kitchen, dining, and

Charlotte Fenn Coldwell Banker Realty

418 Faith Ave, Albany, GA 31701
/12
$140,000
- 6 Beds
- 4 Baths
- 2,208 Sq Ft
605 Burke Ave, Albany, GA 31701

Discover a prime real estate gem nestled in the heart of Albany! This expansive duplex, constructed in 1995, boasts a generous 2,208 square feet of living space, thoughtfully divided into two units. Each unit offers 3 BD and 2 BA, culminating in a total of 6 BD and 4 BA. Seize this rare opportunity to own a versatile property in Albany's thriving real estate market. This is a very compelling

Charlotte Fenn Coldwell Banker Realty

605 Burke Ave, Albany, GA 31701
/8
$122,500
- 2 Beds
- 2 Baths
- 1,457 Sq Ft
1913 Stuart Ave, Albany, GA 31707

Well-Maintained Investment Opportunity! This solid 2-bedroom, 2-bath brick condo is a smart addition to any portfolio. Featuring a cozy living room, a functional dining area, and a dedicated utility room, this property offers comfort and convenience. New Roof Recently Installed. Current Rent: $925–$1,000/mo. with potential for increase. Lease ending 08/2025. Don't miss this opportunity!

Tondra Thompson The Real Estate Concierge LLC

1913 Stuart Ave, Albany, GA 31707
/9
$122,500
- 2 Beds
- 2 Baths
- 1,456 Sq Ft
1911 Stuart Ave, Albany, GA 31707

Well-Maintained Investment Opportunity! This solid 2-bedroom, 2-bath brick condo is a smart addition to any portfolio. Featuring a cozy living room, a functional dining area, and a dedicated utility room, this property offers comfort and convenience. New Roof Recently Installed. Current Rent: $925–$1,000/mo. with potential for increase. Don't miss this opportunity!

Tondra Thompson The Real Estate Concierge LLC

1911 Stuart Ave, Albany, GA 31707
/2
$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

305 6th Ave, Albany, GA 31701
/2
$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

303 6th Ave, Albany, GA 31701
/6
$149,900
- 4 Beds
- 2 Baths
- 1,792 Sq Ft
1157 Gillionville Rd, Albany, GA 31707

GREAT INVESTMENT IN WEST ALBANY!! This all-brick DUPLEX includes 2 bedroom 1 bath units on each side. Roof was replaced in 2019. Exterior painted with fresh new paint August 2024. Can be sold as a package deal with other duplexes located at 1147 and 1155 Gillionville. Call your Realtor today for more information!!

RaShaunda L. Muldrow The Real Estate Concierge LLC

1157 Gillionville Rd, Albany, GA 31707
/2
$100,000
- 6 Beds
- 3 Baths
- 2,324 Sq Ft
631 Burke Ave, Albany, GA 31701

INVESTOR'S SPECIAL!!! Check out this package deal including a duplex and a single family home, bringing in over $1,700/mo. in passive income! This is perfect for the new investor or for an investor looking to add to their portfolio. Call for more information today!

Jack Bell Hrp Realty, LLC

631 Burke Ave, Albany, GA 31701
/2
$265,000
- 6 Beds
- 6 Baths
- 3,234 Sq Ft
711 W 2nd Ave, Albany, GA 31701

INVESTERS TAKE NOTICE, featuring this all brick TRIPLEX. Two bedrooms 1.5 baths in each unit, all floors are tiled. These units are occupied, rental income per month is $1900.00. New roof in 2017, HVAC in one unit approx. new in 2017. Property is conveniently located to shopping and medical facilities. DON'T miss this opportunity if you e looking for rental property. Call your realtor today!!

Chris Faulk Coldwell Banker Walden & Kirkland

711 W 2nd Ave, Albany, GA 31701
/2
$149,900
- 4 Beds
- 2 Baths
- 1,792 Sq Ft
1155 Gillionville Rd, Albany, GA 31707

GREAT INVESTMENT IN WEST ALBANY!! This all-brick DUPLEX includes 2 bedroom 1 bath units on each side. Roof was replaced in 2019. Can be sold as a package deal with other duplexes located at 1147 and 1157 Gillionville. Call your Realtor today for more information!!

RaShaunda L. Muldrow The Real Estate Concierge LLC

1155 Gillionville Rd, Albany, GA 31707
/2
$132,000
- 2 Beds
- 2 Baths
- 1,435 Sq Ft
1147 Gillionville Rd, Albany, GA 31707

GREAT INVESTMENT IN WEST ALBANY!! This all-brick DUPLEX includes 1 bedroom 1 bath units on each side. Roof was replaced in 2019. Can be sold as a package deal with other duplexes located at 1157 and 1155 Gillionville. Call your Realtor today for more information!!

RaShaunda L. Muldrow The Real Estate Concierge LLC

1147 Gillionville Rd, Albany, GA 31707

Georgia Dougherty County Albany

Why Live in Albany

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.

Learn more about living in Albany

Home Trends in Albany, GA

On average, homes in Albany, GA sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Albany, GA over the last 12 months is $180,000.

Housing Trends

Median Sale Price

$180,000

Median Single Family Sale Price

$180,850

Average Price Per Sq Ft

$77

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

9.40

Median List Price

$204,900

Median Change From 1st List Price

How to Buy a Home How to Finance a Home How to Sell a Home

In Albany, there are currently 19 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $90,000 to $2,750,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Albany is $204,900, while the average sale price is $160,035, offering insights into the local housing market. On average, multi-family homes spend 15 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.

Albany Types of Homes for Sale

Albany Real Estate Listings

More About Living in Albany

Homes in Nearby Counties

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.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.