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

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  $209,900

  • 4 Beds
  • 1.5 Baths
  • 1,592 Sq Ft

  15 Buchanan St, Albany, NY 12206

  Don't miss out on this Wonderful Albany Home located on an excellent side street community. First floor offers large eat-in kitchen, formal dining room, family room and large mud room at the rear with half bath and laundry! 2nd floor has 3-4 bedrooms and full bath. House was made energy efficient with insulation, replacement windows and heating system within past 15 years. New roof in 2019.

  Joseph Milanese Milanese Joe

  15 Buchanan St, Albany, NY 12206
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  $120,000

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

  290 3rd St, Albany, NY 12206

  Investor opportunity in Albany's West Hill neighborhood. This 5-bedroom, 2-bath duplex was built in 1888 and offers approximately 2,776 sq ft of living space on a 0.07-acre lot. The property provides strong potential for renovation and income production in an established urban location close to downtown Albany, major employment centers, and transportation.

  Kelly Sharifipour Darby Real Estate of New York Inc

  290 3rd St, Albany, NY 12206
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  $25,000

  • 4 Beds
  • 4 Baths
  • 3,348 Sq Ft

  52 Philip St Unit 5, Albany, NY 12207

  Property is being offered via online auction ending on February 25, 2026. List price is opening bid only. Final price shall be determined on auction day and is subject to seller confirmation. Excellent investment opportunity at 52 Philip Street in Albany's desirable Center Square neighborhood. This four-apartment building, consisting of four one-bedroom units, offers strong potential for

  Michael Foster FOSTER REAL ESTATE INC

  52 Philip St Unit 5, Albany, NY 12207
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  $215,000

  • 6 Beds
  • 2 Baths
  • 2,472 Sq Ft

  186 2nd Ave, Albany, NY 12202

  Prime Investment Opportunity: High-Yield Multi-Family in Albany Attention investors! This vacant, turnkey-ready multi-family property is a high-yield asset waiting to be added to your portfolio. Situated in a high-demand rental pocket of Albany, this property offers the perfect blend of immediate cash flow potential and value-add opportunity. The HighlightsStrategic Layout: Each spacious

  Craig Cioffi Weichert Realtors-Reliable Properties

  186 2nd Ave, Albany, NY 12202
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  /15

  $169,900

  • 8 Beds
  • 2 Baths
  • 2,288 Sq Ft

  41 Ontario St, Albany, NY 12206

  Great two units investment opportunity. Conveniently located, low maintenance and very low taxes. Long term tenants, separate utilities.

  Jennifer Gao-Bosley J & A Capital Realty

  41 Ontario St, Albany, NY 12206
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  $33,000

  • Land
  • 0.2 Acre
  • $165,000 per Acre

  120-124 1st St, Albany, NY 12210

  0.2 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. R-T (residential townhouse) zoning district allows for the following permitted as-of-right and/or conditional uses: Townhouse [style] dwelling, community residential facility, park, and religious institution.

  Anton Pasquill NAI Platform LLC

  120-124 1st St, Albany, NY 12210
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  $160,000

  • 3 Beds
  • 1 Bath
  • 1,364 Sq Ft

  79 Broad St, Albany, NY 12202

  Welcome to 79 Broad St, perfectly located in the heart of downtown Albany. The exterior was freshly painted and the roof was serviced in the summer of 2025, giving the property a solid start. Inside could use some cosmetic updates, but it offers great potential for someone looking to make it their own.You'll be just minutes from the Capitol, Empire State Plaza, Albany Medical Center, popular

  Alexandria Sifontes CapMark Realty LLC

  79 Broad St, Albany, NY 12202
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  $199,000

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  26 Winthrop St, Albany, NY 12205

  Open House 2/15 from 12-2pm.Cozy and comfortable 2-bedroom bungalow in prime location! This South Colonie SD home is just minutes from shopping and restaurants as well as all major roadways! Enclosed front porch, good sized EIK, nice large living room and primary bedroom. This one is a must see for the price. There is a basement bar that the owner started to finish for rec space. Good size

  Amy Cody Cody Real Estate

  26 Winthrop St, Albany, NY 12205
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  /18

  $219,000

  • 2 Beds
  • 2 Baths
  • 1,060 Sq Ft

  351 Sherman St, Albany, NY 12206

  Welcome to this recently renovated single-family home offering 2 bedrooms and 2 full bathrooms, with flexible space allowing for the potential addition of a third bedroom. Located in an up-and-coming area known for strong rental demand, this property is ideal for both owner-occupants and investors. The sale includes a vacant lot, providing a rare opportunity for expansion, outdoor enjoyment, or

  Anik Paul Empire Real Estate Firm LLC

  351 Sherman St, Albany, NY 12206
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  $209,000

  • 6 Beds
  • 2 Baths
  • 2,232 Sq Ft

  599 2nd St, Albany, NY 12206

  Cash flowing 2 unit property overlooking Swinburne Park. 3 bedrooms in each apartment. Newer furnace, water heater and roof. Fully leased month to month. Updated cabinets and LVP flooring unit 2. Hardwood floor under carpet in unit 1. Valid ROPS on both units through 2027. Separately metered- tenant pay utilities. US HUD Fair market rental price for zip code 12206 on a 3 bedroom apartment is

  Luke Khachadourian KW Platform

  599 2nd St, Albany, NY 12206
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  $155,000

  • 2 Beds
  • 1 Bath
  • 964 Sq Ft

  636 Clinton Ave, Albany, NY 12206

  Great opportunity to own a 2-bedroom home for living or investment property located on Clinton Avenue in Albany, NY. This property is currently rented, providing immediate cash flow, making it an excellent choice for investors, first-time landlords, or anyone looking to start or expand their real estate portfolio. The home features a functional layout with two bedrooms and solid bones. The

  Thierno Diallo Howard Hanna Capital Inc

  636 Clinton Ave, Albany, NY 12206
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  $220,000

  • 6 Beds
  • 2 Baths
  • 2,512 Sq Ft

  189 Quail St, Albany, NY 12203

  This two-family property offers strong income potential, with the first-floor unit currently rented at $1,500/month and the second-floor unit vacant and move-in ready. Each unit features separate utilities (owner pays water/sewer/trash), generous layouts, and access to a coin-operated washer and dryer in the basement.Conveniently located near SUNY Albany, Washington Park, Empire State Plaza,

  Amanda Penrose Coldwell Banker Prime Properties

  189 Quail St, Albany, NY 12203
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  $50,400

  • Land
  • 0.45 Acre
  • $112,000 per Acre

  37 Bogart Terrace, Albany, NY 12202

  Residential Vacant Land for sale. 146 x 133 Lot.Public Water & Sewer available. Gas and Electric Utilities available. Great Opportunity for a Builder, Investor or Future Home Owner. Check it out today!

  Scott Scorzafava Scorzafava Real Estate Group LLC

  37 Bogart Terrace, Albany, NY 12202
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  $162,000

  • 6 Beds
  • 6 Baths
  • 3,933 Sq Ft

  217 Spruce St, Albany, NY 12210

  Three-story multi-unit residential property in the Sheridan Hollow neighborhood of Albany. Gutted and framed out. No plumbing or electrical. The zoning allows for one residential unit per floor as of right. Other permitted uses include: Community residential facility, religious institution, beauty salon, spa, or barbershop, professional office, or specialty retail. Conditional uses include:

  Stephanie Taylor-Durenay NAI Platform LLC

  217 Spruce St, Albany, NY 12210
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  /13

  $239,000

  • 4 Beds
  • 1.5 Baths
  • 1,362 Sq Ft

  75 Lincoln Ave, Albany, NY 12206

  Centrally located 4-bedroom - 1 & 1/2 bath home featuring updated kitchen and baths. Offers off-street parking along with a large, fully fenced backyard. Property will be vacant as of June 1. A solid investment opportunity or owner occupied home. Active Certificate of Occupancy.

  Paul Fontane Coldwell Banker Prime Properties

  75 Lincoln Ave, Albany, NY 12206
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  $120,000

  • 2 Beds
  • 1 Bath
  • 1,480 Sq Ft

  1290 Broadway, Menands, NY 12204

  Attention investors: This is a must-see opportunity to add a valuable asset to your portfolio. With a little care and vision, this property has strong potential and could deliver solid returns. Opportunities like this don't last long—act quickly to secure your next investment. Please note: The property does not qualify for FHA financing. Cash or conventional offers only will be considered.

  Jasilia Martinez Realty One Group Key

  1290 Broadway, Menands, NY 12204
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  $12,300

  • Land
  • 0.05 Acre
  • $246,000 per Acre

  57-59 Lark St, Albany, NY 12202

  0.05 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. MU-NE (mixed-use neighborhood-edge) zoning district allows for a wide range of permitted as-of-right and/or conditional uses.

  Anton Pasquill NAI Platform LLC

  57-59 Lark St, Albany, NY 12202
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  $29,900

  • Land
  • 0.13 Acre
  • $230,000 per Acre

  86-94 N Swan St, Albany, NY 12210

  0.13 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. R-T (residential townhouse) zoning district allows for the following permitted as-of-right and/or conditional uses: Townhouse [style] dwelling, community residential facility, park, and religious institution.

  Anton Pasquill NAI Platform LLC

  86-94 N Swan St, Albany, NY 12210
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  $145,000

  • 4 Beds
  • 2 Baths
  • 1,080 Sq Ft

  54 Delaware St, Albany, NY 12202

  Two family investment opportunity ready to be added to your portfolio. The first-floor unit is tenant-occupied on a month-to-month lease at $1,200/month. The second-floor unit is currently vacant. Property is being sold ''as is''. ROPs are current.

  Mark Dardanelli Miranda Real Estate Group Inc

  54 Delaware St, Albany, NY 12202
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  $42,900

  • Land
  • 0.18 Acre
  • $238,333 per Acre

  100-104 3rd Ave, Albany, NY 12202

  0.18 acres in the South End neighborhood of Albany offered for sale and potential redevelopment. R-T (residential townhouse) zoning district allows for the following permitted as-of-right and/or conditional uses: Townhouse [style] dwelling, community residential facility, park, and religious institution.

  Anton Pasquill NAI Platform LLC

  100-104 3rd Ave, Albany, NY 12202
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  $18,900

  • Land
  • 0.08 Acre
  • $236,250 per Acre

  26 & 33 Osborne St, Albany, NY 12202

  0.08 acres in the South End neighborhood of Albany offered for sale and potential redevelopment. R-T (residential townhouse) zoning district allows for the following permitted as-of-right and/or conditional uses: Townhouse [style] dwelling, community residential facility, park, and religious institution.

  Anton Pasquill NAI Platform LLC

  26 & 33 Osborne St, Albany, NY 12202
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  /2

  $119,900

  • 6 Beds
  • 2 Baths
  • 2,404 Sq Ft

  322 Orange St, Albany, NY 12210

  Back on market pending release. Attention investors! Extremely large 2 unit conveniently located Sold ''as is'' Small first floor fire in front part of unit 1. 2nd unit in good shape. Plumbing and mechanicals in working condition. Great opportunity to invest and have immediate equity.

  David Schrepper RE/MAX Solutions

  322 Orange St, Albany, NY 12210
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  $210,000

  • 3 Beds
  • 1 Bath
  • 1,236 Sq Ft

  333 Mountain St, Albany, NY 12209

  Charming home, just minutes from Albany Medical Center, Albany Law School, and area colleges. Features include bright living spaces, a functional kitchen, and well-proportioned bedrooms. Enjoy a private yard, private parking, and convenient access to downtown, shops, dining, and major highways ideal for first Time homeowners or investors alike.

  Jasilia Martinez Realty One Group Key

  333 Mountain St, Albany, NY 12209
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  $200,000

  • 4 Beds
  • 2 Baths
  • 1,956 Sq Ft

  367 1st St, Albany, NY 12206

  This fully renovated two-family home with an in-law apartment is a turnkey investment opportunity with strong, immediate cash flow. The property is fully rented at $4,480/month with separate utilities, keeping operating expenses low and returns high.Recent updates include a complete renovation throughout and a durable rubber roof, offering peace of mind for years to come. Each unit is

  Kimberley Willsey eXp Realty

  367 1st St, Albany, NY 12206
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  /2

  $234,900

  • 3 Beds
  • 3 Baths
  • 2,060 Sq Ft

  808B Madison Ave, Albany, NY 12208

  Three-unit investment opportunity featuring one bedroom ($1350), one studio ($980), one studio ($950). Owner pays all utilities. Two units paid by 3rd party with annual rent increase 7.7% each September. Strong income potential with established tenancy in place.

  Hany Ayoub Venture Fox Realty Group LLC

  808B Madison Ave, Albany, NY 12208

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