Affordable Homes for Sale in Albany, NY under $240,000

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  $18,000

  • Land
  • 0.04 Acre
  • $450,000 per Acre

  528 2nd St, Albany, NY 12206

  Discover an incredible opportunity with this vacant residential lot, previously home to an income producing two-family. Now a blank slate, the possibilities are endless - whether you're an investor looking to build or a homeowner ready to create your dream. Don't miss the rare opportunity.

  Anthony Redway Redway Realty LLC

  528 2nd St, Albany, NY 12206
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  $65,000

  • Land
  • 0.14 Acre
  • $464,286 per Acre

  12 Cottage Ave, Albany, NY 12203

  First time available in over 50 years! A rare opportunity to build in Albany's sought-after Eagle Hill neighborhood. This approved, cleared, and shovel-ready lot measures 60x100 feet and is zoned for a single-family home. Nestled on a quiet street with public water, sewer, and natural gas available at the road. A prime setting for a custom residence in one of the city's most established

  Nicholas Miuccio Miuccio Real Estate Group

  12 Cottage Ave, Albany, NY 12203
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  /41

  $235,000

  • 3 Beds
  • 1.5 Baths
  • 1,080 Sq Ft

  326 Mountain St, Albany, NY 12209

  Welcome to this well maintained 3-bedroom, 1.5 bath home with a private driveway providing ample off street parking and a 2 car garage! This home features beautiful natural woodwork and hardwood floors throughout. Enjoy peace of mind with a 5-year old roof & boiler, plus a brand new electrical panel! Large walk up attic has been newly insulated and could provide room for added living space or

  Mark Goodall Core Real Estate Team

  326 Mountain St, Albany, NY 12209
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  $129,000

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  502 1st St, Albany, NY 12206

  Recently updated 3-bedroom, 1-bath SF home in downtown Albany. This property features a newer heating system, fresh paint, vinyl flooring throughout along with many updates. With its lower taxes, it's an excellent opportunity for both investors and homeowners. Why rent when you can own your own home? A great opportunity for those seeking affordable homeownership.

  Joshua Abossey NH Capital Realty

  502 1st St, Albany, NY 12206
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  $234,900

  • 6 Beds
  • 2 Baths
  • 2,238 Sq Ft

  358 2nd St, Albany, NY 12206

  A fantastic two-family investment property with positive cash flow is available in Albany. Both units are currently occupied by excellent tenants. Currently generating rental income of $2750/month but it can be more. Each unit features three bedrooms and one bathroom, complete with hardwood flooring throughout. The large living rooms in both units provide a spacious and inviting atmosphere.

  Diju Rahman Dimension Realty Solution LLC

  358 2nd St, Albany, NY 12206
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  $40,000

  • Land
  • 0.11 Acre
  • $363,636 per Acre

  235-235.5 N Pearl St, Albany, NY 12207

  Rare Downtown Albany Land Opportunity - .16 AcresUnlock the potential of this .16-acre parcel of unimproved land located in the heart of downtown Albany. Situated in a high-demand urban area, walkable to the Palace Theater, Cap Rep, and Albany Distilling, this property offers excellent visibility and accessibility. With its central location, the highest and best use may be for surface

  Samantha Curry New Scotland Realty

  235-235.5 N Pearl St, Albany, NY 12207
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  $25,000

  • Land
  • 0.03 Acre
  • $833,333 per Acre

  64 Alexander St, Albany, NY 12202

  Great vacant lot opportunity. Outstanding rental area. Seller would also be interested in an equity investor to build with! Lot is ready to go for a brand new 3 unit building! Floor plans in docs!

  Steve King Venture Realty Partners

  64 Alexander St, Albany, NY 12202
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  $232,900

  • 6 Beds
  • 2.5 Baths
  • 2,460 Sq Ft

  278 Morton Ave, Albany, NY 12209

  ***Back on the market***A terrific opportunity to own this two family property in a great Albany location. Right across from a park . Close to the bus line, a short walk to Albany Med Ctr. , Albany Law and Albany College of Pharmacy. Large rooms in each unit. Front and rear porches, large walk up attic, full basement, ''separated utilities'' plus off street parking! Don't miss this one !

  Bill Hannon Howard Hanna Capital Inc

  278 Morton Ave, Albany, NY 12209
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  $194,900

  • 5 Beds
  • 2 Baths
  • 2,010 Sq Ft

  135 4th Ave, Albany, NY 12202

  💥 MASSIVE PRICE DROP - INVESTOR ALERT! 💥Cash flow from day one! Don't sleep on this incredible opportunity at 135 4th Ave in Albany's South End - a rock-solid, income-producing 2-family property priced to MOVE! Both spacious units feature updated kitchens and baths, separate utilities, and are loaded with rental potential. Live in one, rent the other, or rent both for maximum

  Kelly Sharifipour Darby Real Estate of New York Inc

  135 4th Ave, Albany, NY 12202
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  /35

  $239,000

  • 3 Beds
  • 3 Baths
  • 2,412 Sq Ft

  113 Lark St, Albany, NY 12210

  Unlock the potential of this brownstone triplex! Ideal for investors or those seeking to owner-occupy while generating rental income for two additional units. Walk to dining, shopping, and convenient bus routes. Fenced backyard. Strong rental POTENTIAL in a sought-after location of Albany.

  Casey Close Coldwell Banker Prime Properties

  113 Lark St, Albany, NY 12210
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  $236,000

  • 4 Beds
  • 2 Baths
  • 2,048 Sq Ft

  357 Manning Blvd, Albany, NY 12206

  Opportunity awaits as this sharp well maintained Albany two family located in good convenient location hits the market! Features include 2 bedrooms each unit, good size living rooms including one unit with brick fireplace, large formal dining rooms with chair rail and crown molding, separate utilities, front and back porches, kitchen with pantry and built ins, huge primary bedroom, hardwood

  Wayne Newcomb Newcomb Realty Group LLC

  357 Manning Blvd, Albany, NY 12206
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  /14

  $220,000

  • 2 Beds
  • 1.5 Baths
  • 1,440 Sq Ft

  55 Watervliet Ave, Albany, NY 12206

  Side by Side two units,Left side is a newly finished 2-bedroom apartment. Right Side is a Chinese take out restaurant. The new owner can move right in and start the restaurant business.

  Ron Xiong M J J Realty

  55 Watervliet Ave, Albany, NY 12206
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  /14

  $172,000

  • 4 Beds
  • 2 Baths
  • 2,024 Sq Ft

  50 Ontario St, Albany, NY 12206

  Investment-ready multi-family property. ROP's are in place and property is fully rented. Both apartments have a back patio. Has a walk out basement. Basement is partially framed and could be converted into another apartment. Large rear yard. ***Open house on Sunday, September 7, 2025 from 9:am-11am.

  Jamila Belton Realty One Group Key

  50 Ontario St, Albany, NY 12206
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  $89,900

  • Land
  • 0.17 Acre
  • $528,824 per Acre

  24A Aspen Cir, Albany, NY 12208

  Prime Buildable Lot in Albany's Convenient Medical & Academic Hub. Unlock the potential to build your dream home on this perfectly positioned, vacant city lot in Albany! This rare find offers a flat, cleared, and conforming parcel, ready for immediate construction. Situated in a quiet and desirable residential neighborhood. proximity to major employment centers, including several hospitals,

  David Schrepper RE/MAX Solutions

  24A Aspen Cir, Albany, NY 12208
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  $85,000

  • Land
  • 0.95 Acre
  • $89,474 per Acre

  689-691 Delaware Ave, Albany, NY 12209

  This 0.95-acre lot in Albany offers a prime location right next to the Normanskill Preserve and Normanskill Farm. Whether you're searching for the ideal AirBnB location or affordable living just minutes from downtown Albany, this site offers it all with stunning water views to match. This property is the perfect canvas for your modular home, providing an excellent opportunity to create

  Dennilu Sosa de La Fuente Monticello

  689-691 Delaware Ave, Albany, NY 12209
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  $55,000

  • Land
  • 0.19 Acre
  • $289,474 per Acre

  21 Osborne Rd, Albany, NY 12205

  Discover the perfect opportunity to craft your dream home within the sought-after South Colonie School District. This lot comes with a plot plan, offering a seamless start to your vision. Boasting an enviable location, the property rests a mere 1.1 miles from Roessleville Elementary School, 1 mile from Sand Creek Middle School, and just 1.2 miles from Colonie Central High School. With the added

  Arpi Balgin Berkshire Hathaway Home Services Blake

  21 Osborne Rd, Albany, NY 12205
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  $79,900

  • Land
  • 15 Acres
  • $5,327 per Acre

  0 State Route 26 Unit S1611788, Westmoreland, NY 13490

  Great place to build that special home in the country, conveniently accessible to the NYS Thruway and other routes. Open frontage with flat topography offers many different possible uses. The lot extends past the wooded tree/brush area.

  Martin Bell Listing by Assist2Sell Buyers & Sellers 1st Choice

  

  0 State Route 26 Unit S1611788, Westmoreland, NY 13490
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  $20,500

  • Land
  • 0.07 Acre
  • $292,857 per Acre

  464 3rd St, Albany, NY 12206

  Desirable residential lot in West Hill, ideal for development! This vacant land presents a fantastic opportunity for homeowners looking to build their dream home or investors seeking a promising project. Verified buildable by the Planning Department, the property is conveniently located near local restaurants, shops, and Bleeker Stadium. Enjoy easy access to public transportation, with Downtown

  Natisha Alexander Bethea Realty

  464 3rd St, Albany, NY 12206
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  $100,000

  • Land
  • 0.07 Acre
  • $1,428,571 per Acre

  254 Elk St, Albany, NY 12206

  Vacant Land available for sale price is negotiable.

  Asha Samuels SAMUELS PROPERTY GROUP LLC

  254 Elk St, Albany, NY 12206
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  /23

  $149,999 Pre-Foreclosure

  • 2 Beds
  • 1.5 Baths
  • 1,154 Sq Ft

  310 Mccarty Ave, Albany, NY 12209

  Spacious and inviting, this home offers an oversized master bedroom with two walk-in closets, a beautiful clawfoot tub, full pantry, enclosed front porch, off-street parking, and a detached garage. Recent updates within the last 10 years include newer windows, blown-in insulation for year-round efficiency, and a furnace replacement. Ideally located for commuters with quick access to the Thruway

  Angela Gonyo Wolf River Real Estate, LLC

  310 Mccarty Ave, Albany, NY 12209
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  $150,000

  • 5 Beds
  • 2 Baths
  • 1,876 Sq Ft

  290 3rd St, Albany, NY 12206

  Investor's opportunity in Albany's West Hill neighborhood! This 5-bedroom, 2-bathroom duplex, built in 1888, offers 2,776 sq ft of living space on a 0.07-acre lot. Auction property. This property may be occupied and the buyer will be responsible for obtaining possession after closing. Do not disturb occupants or trespass.

  Kelly Sharifipour Darby Real Estate of New York Inc

  290 3rd St, Albany, NY 12206

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