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Investment - Homes for Sale in Albany, NY

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  • /15

    $334,000

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft

    4207 Albany St, Albany, NY 12205

    This 3-bedroom, 1-bath single-family home is the perfect blend of modern updates and everyday comfort—all set on over an acre of land! Inside, you'll love the fresh renovations, bright living spaces, and move-in ready feel.Currently a high-performing Airbnb, this property is more than just a home—it's a proven income generator! With impressive financials available upon request, it's ideal

    Erin Roth Realty One Group Key

    4207 Albany St, Albany, NY 12205
  • /26

    $229,900

    • 4 Beds
    • 1.5 Baths
    • 1,500 Sq Ft

    495 Morris St, Albany, NY 12208

    Welcome to this beautifully renovated home in the heart of Albany! Step inside to discover gleaming new floors that flow seamlessly throughout, creating a warm and inviting atmosphere. The modern kitchen has been completely remodeled with stylish cabinetry, quartz countertops, and updated appliances, perfect for everyday living and entertaining. Both bathrooms have been thoughtfully redesigned

    Binglin Li KW Platform

    495 Morris St, Albany, NY 12208
  • /47

    $305,000

    • 3 Beds
    • 2 Baths
    • 1,279 Sq Ft

    1420 Western Ave, Albany, NY 12203

    Discover an affordable opportunity in the Guilderland School District with this versatile 3-bedroom, 1.5-bath home in a business zoning area. Whether you're looking for a primary residence, an income-producing investment, or a suitable space for a small business, this property fits the bill. The main level features a spacious living room, a sleek kitchen with stainless steel appliances and an

    Nicholas Miuccio Miuccio Real Estate Group

    1420 Western Ave, Albany, NY 12203
  • /61

    $250,000

    • 2 Beds
    • 1.5 Baths
    • 1,848 Sq Ft

    3 Osborne St, Albany, NY 12202

    Historical 2-bedroom, 1.5-bath with 2 bonus rooms and a office in Albany's historic district. This spacious property features original moldings, high ceilings, classic wood floors, and newly installed ceramic tile. Just needs cosmetic updates to shine! Nestled on a friendly block near parks, schools. downtown, and public transit. Eligible for historic preservation grants and NYS tax credits

    Ann Millinghaus KW Platform

    3 Osborne St, Albany, NY 12202
  • /32

    $419,000

    • 2 Beds
    • 3 Baths
    • 4,489 Sq Ft

    891 Madison Ave, Albany, NY 12208

    This Madison Avenue property in the Albany Pine Hills Area offers a unique opportunity with a blend of versatile quiet commercial space and/or residential living. The well-maintained building includes an open first floor which is deal for small group gatherings, meetings, or design your own use with offices. The updated, move-in ready 2BR/1BA second floor unit provides convenient on-site living

    Tracy Mance 518 Realty.Com Inc

    891 Madison Ave, Albany, NY 12208
  • /26

    $345,000

    • 6 Beds
    • 2 Baths
    • 3,136 Sq Ft

    266-268 Yates St, Albany, NY 12208

    Great opportunity for investment property with this well maintained Two Family home in the heart of Albany! Unit 1 features 3 spacious bedrooms, 1 full bath, living room, kitchen w/granite counter tops and bonus room/den or office. Unit 2 offers 3 beds, 1 full bath, living room & dining room. Other features include beautiful hardwood floors, high ceilings, walk up attic & full basement with coin

    Cathy Cooley Howard Hanna Capital, Inc.

    266-268 Yates St, Albany, NY 12208
  • /38

    $320,000

    • 6 Beds
    • 3 Baths
    • 3,024 Sq Ft

    339 Madison Ave, Albany, NY 12210

    Prime Investment Opportunity in Center Square! Fully rented three-unit property on a picturesque tree-lined street. Perfect for expanding your portfolio, making your first investment, or living in one unit while tenants pay the mortgage. With below-market rents and quiet, stable tenants, this property offers steady cash flow and strong upside potential. Separate gas, electric and washer dryer

    Brenda Larkin Miranda Real Estate Group, Inc

    339 Madison Ave, Albany, NY 12210
  • /57

    $350,000

    • 5 Beds
    • 4 Baths
    • 4,352 Sq Ft

    128 Hamilton St, Albany, NY 12207

    39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. 4th floor apartment can be rented immediately for $950/month or left vacant until closing. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt

    Michael Keefrider Coldwell Banker Prime Properties

    128 Hamilton St, Albany, NY 12207
  • /31

    $329,000

    • 5 Beds
    • 2 Baths
    • 2,356 Sq Ft

    105 Clermont St, Albany, NY 12203

    Welcome to 105 Clermont St, a beautifully updated two-family home in the heart of Albany, NY! This property is an excellent opportunity for investors or homeowners seeking rental income while enjoying the vibrant community atmosphere.Property Overview:This spacious two-family residence features a total of five bedrooms, making it ideal for families or tenants. The upper unit boasts three

    Asif Mahamud Realty One Group Key

    105 Clermont St, Albany, NY 12203
  • /11

    $165,000

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

    175 Broad St, Albany, NY 12202

    Welcome to 175 Broad Street, located just off 2nd Ave! Currently setup as a rental with the main portion of the house - first & second floor currently generating $1,100 (3bd/1ba) and an additional studio (in-law) unit in the basement generating $500 per month. This 2-story home boasts many recent updates, including a newer gas furnace, circuit breakers, a modern hot water system, a recently

    Trent Tibbitts Tibbitts & Co Realty

    175 Broad St, Albany, NY 12202
  • /37

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft

    12 South St, Albany, NY 12204

    Multiple Offers Recieved. Highest and Best due Saturday 6pm Discover an incredible opportunity with this updated multi-unit home in the heart of North Albany! Each unit offers 2 bedrooms and 1 full bath, making it a fantastic choice for an owner-occupant, investor, or anyone looking to generate rental income. Set on three spacious lots, this property provides room to grow while delivering a

    Patrick Hartman Field Realty

    12 South St, Albany, NY 12204
  • /26

    $539,000

    • 6 Beds
    • 4 Baths
    • 3,225 Sq Ft

    23 Mcalpin St, Albany, NY 12209

    Prime Investment Opportunity - 4-Unit Multi-Family BuildingLocation: Heart of Albany, NYYear Built: 1980Property Type: 4-Family Brick BuildingProperty Overview: Exceptional investment opportunity featuring a meticulously maintained 4-unit brick building in Albany's desirable central location. This three-story property with full unfinished basement offers outstanding

    Imam Hussain NAI Platform LLC

    23 Mcalpin St, Albany, NY 12209
  • /21

    $35,000

    • Land
    • 0.21 Acre
    • $166,667 per Acre

    161 N Lake Ave, Albany, NY 12206

    Unlock the potential of this oversized city lot featuring three existing garages along with additional space for parking or future build opportunities. With low annual taxes and minimal carrying costs, this property makes a smart investment for those seeking storage income, parking revenue, or a site with development possibilities in a prime Albany location. Bonus Opportunity: Also available is

    Kathryn Kole Coldwell Banker Prime Properties

    161 N Lake Ave, Albany, NY 12206
  • /2

    $149,995

    • Land
    • 0.5 Acre
    • $299,990 per Acre

    74-84 Livingston Ave, Albany, NY 12207

    Attention investors!This is a great corner lot with a lot of road frontage in a part of downtown that is getting built up with new apartments, bars and entertainment. Located directly across from Albany Distilling & the Capitol Theatre and only a short commute to local bars and breweries this makes a perfect investment piece. All 6 parcels have their own ID # and must be sold together. 84

    Tyler Childrose Coldwell Banker Prime Properties

    74-84 Livingston Ave, Albany, NY 12207
  • /25

    $214,900

    • 5 Beds
    • 2.5 Baths
    • 1,334 Sq Ft

    657 State St, Albany, NY 12203

    Updated in 2021, this single family house is located in Albany's Pine Hills neighborhood. This home offers 5 bedrooms and 2.5 baths. Hardwood floors, bay windows, and a mounted smart TV, giving the living area a bright, modern feel. The remodeled kitchen features stainless steel appliances and an in unit washer/dryer hookups. Located just blocks from Washington Park, Albany High School and SUNY's

    Giovanni Lisi Empire Real Estate Firm LLC

    657 State St, Albany, NY 12203
  • /40

    $180,000

    • 4 Beds
    • 1.5 Baths
    • 1,820 Sq Ft

    24 Summit Ave, Albany, NY 12209

    Investor Special! Unlock the potential in this 4-bedroom home brimming with character and space. Featuring hardwood floors and a flowing layout from the front porch through the spacious living and dining room. This property is the perfect canvas for your next project. The eat-in kitchen offers plenty of cabinet space with room to redesign, while upstairs you'll find four bright bedrooms and

    Shana Edwards KW Platform

    24 Summit Ave, Albany, NY 12209
  • /10

    $335,000

    • 6 Beds
    • 2 Baths
    • 2,012 Sq Ft

    98 Woodlawn Ave, Albany, NY 12208

    Passive income generator! If you're looking for an investment or residential property look no farther. 98 Woodlawn is a fully occupied two family with long-term tenants. Both units have separate utilities. Located in the Pine Hill neighborhood, minutes away from the University of Albany.

    Bryan Permaul Coldwell Banker Prime Properties

    98 Woodlawn Ave, Albany, NY 12208
  • /33

    $615,000

    • 6 Beds
    • 3.5 Baths
    • 4,452 Sq Ft

    9 Birch Hill Rd, Albany, NY 12211

    *Twilight Open House, Sept 4th-Thursday, 5pm-6:30pm* Here is a chance to own this elegant 4,500 sq ft Colonial residence, gracefully set on 1.5 acres in the highly desirable Bishop Gate of Loundoville. This expansive home features 5 generously sized bedrooms, a versatile bonus room, formal LR & DR, and a grand ballroom—ideal for hosting and entertaining. The updated kitchen and 3 luxurious

    Stela Koeva Real Broker NY LLC

    9 Birch Hill Rd, Albany, NY 12211
  • /5

    $300,000

    • 6 Beds
    • 4 Baths
    • 2,152 Sq Ft

    252 Morton Ave, Albany, NY 12202

    Great investment opportunity! 3 unit property with off street parking. 2 Units on the first floor and 1 unit on the 2nd floor. 2nd floor apartment offers three bedrooms, two full bath, a large kitchen and living room. All units are separately metered and tenants pay utilities.

    Luke Khachadourian KW Platform

    252 Morton Ave, Albany, NY 12202
  • /29

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft

    596 3rd St, Albany, NY 12206

    This fantastic multi-family property is ready for a new owner and is perfect for either owner-occupied or investment. The fully renovated building consists of two units, each featuring 2 bedrooms and 1 bathroom. The spacious living room can easily be converted into a third bedroom if desired. Enjoy the beautifully refinished hardwood floors, as well as the brand-new forced air heating systems

    Diju Rahman Dimension Realty Solution LLC

    596 3rd St, Albany, NY 12206
  • /11

    $84,900

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft

    436 Orange St, Albany, NY 12206

    Calling all investors and owner-occupants! This 3-bedroom, 2-bath, 2-story home offers great potential—whether you're looking to live in or rent out for steady income. Highlights include hardwood flooring throughout the first floor, a spacious eat-in kitchen, and a full basement with laundry hookups. Conveniently located near major highways, with excellent public transportation options and easy

    Kelly Sharifipour Darby Real Estate of New York Inc

    436 Orange St, Albany, NY 12206
  • /34

    $499,898

    • 6 Beds
    • 5 Baths
    • 4,400 Sq Ft

    285 Lark St, Albany, NY 12210

    Back On the Market! Great opportunity to owner occupy or add to your investment portfolio with CAP RATE 8.1%. until 11/1/25 when after a rental increase the cap rate with be 9.1%This historical brick brownstone offers 3 units that are all over 1000 square feet. Great views, floor to ceiling windows, lots of natural light. Basement unit has 2 bedrooms and 1 bathroom. Lots of storage, laundry in

    Brian Ward Coldwell Banker Prime Properties

    285 Lark St, Albany, NY 12210
  • /7

    $260,000

    • 6 Beds
    • 2 Baths
    • 2,016 Sq Ft

    8 Wilkins Ave, Albany, NY 12206

    Well-kept 2-unit property in a convenient Albany location featuring washer/dryer hookups, private driveway, and access to a dry basement for storage. Each unit offers a functional layout and reliable tenant occupancy. Presents an excellent opportunity for revenue growth and long-term value. Can be purchased individually or as part of a 3-property Wilkins Ave investment package with 10 Wilkins Ave

    Saad Tai Real Broker NY LLC

    8 Wilkins Ave, Albany, NY 12206
  • /6

    $240,000

    • 6 Beds
    • 2 Baths
    • 2,184 Sq Ft

    4 Wilkins Ave, Albany, NY 12206

    Well-maintained 2-unit in a desirable Albany location featuring washer/dryer hookups, private driveway, and access to a dry basement for added storage. Each unit offers a functional layout and long-term tenant occupancy. Currently leased at below-market rents, providing excellent potential for increased revenue. This property may be purchased on its own or as part of a 3-property Wilkins Ave

    Saad Tai Real Broker NY LLC

    4 Wilkins Ave, Albany, NY 12206
  • /51

    $759,900

    • 5 Beds
    • 4.5 Baths
    • 3,160 Sq Ft

    197 Lark St, Albany, NY 12210

    Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and

    Amanda Penrose Coldwell Banker Prime Properties

    197 Lark St, Albany, NY 12210
  • /29

    $193,900

    • 4 Beds
    • 2 Baths
    • 1,447 Sq Ft

    99 Southern Blvd, Albany, NY 12209

    Opportunity awaits as this beautiful solid Albany two family located in a good extremely convenient location to everything hits the market! This would make for a perfect owner occupied home or for a great investment property! Features include a large first floor unit with a large living room, formal dining room, good size kitchen, bath and full basement. Second floor has a cozy 1 bedroom

    Wayne Newcomb Newcomb Realty Group LLC

    99 Southern Blvd, Albany, NY 12209
  • /2

    $285,000

    • 7 Beds
    • 3 Baths
    • 2,210 Sq Ft

    514 Morris St, Albany, NY 12208

    Great Investment opportunity! Updated Vinyl Plank Flooring, Hardwood Flooring, Vinyl Windows, Updated Electric Panels, Separate Utilities, Close to Albany Med/St Peters Hospitals. Cash Flow and Spacious Units! Off Street Parking and 2 Car Garage.

    Heather Morra McDonald Real Estate Comp LLC

    514 Morris St, Albany, NY 12208
  • /19

    $250,000

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

    497 3rd St, Albany, NY 12206

    This turnkey, cash flowing investment has been well-cared for and is ready to turn a profit for its new owner. Both units have been renovated in the last two years, long term tenants in place in both units. Tenant leases to convey with the sale.Drive by only, do not disturb tenants.

    Scott Varley KW Platform

    497 3rd St, Albany, NY 12206
  • /20

    $995,000

    • 12 Beds
    • 8 Baths
    • 6,108 Sq Ft

    302 Quail St, Albany, NY 12208

    Net Operating Income of $75,000 at a 7.5% Capitalization Rate. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area

    Brian Ward Coldwell Banker Prime Properties

    302 Quail St, Albany, NY 12208
  • /38

    $385,000

    • 5 Beds
    • 3 Baths
    • 2,404 Sq Ft

    359 Second Ave, Albany, NY 12209

    Welcome everyone to this well maintained 3 family home. This investment can become a great opportunity for owner to occupy or to build an investment portfolio. The upstairs unit is currently rented with HUD (section 8), long-term tenant paying $1500 for the 3 bedrooms. The downstairs apartment is occupied for $950. The rare apartment is currently vacant, which can be rented for market value.

    Bryan Permaul Coldwell Banker Prime Properties

    359 Second Ave, Albany, NY 12209
  • /34

    $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
  • /12

    $625,000

    • 7 Beds
    • 4 Baths
    • 5,420 Sq Ft

    140 Jefferson St, Albany, NY 12210

    Rare opportunity to own a fully updated, semi-detached historic gem! This beautifully restored side-by-side two-unit property (4 units total) blends timeless charm with modern upgrades. Built in the 1810s and recently renovated from top to bottom, the buildings feature new roofs, updated mechanicals, newer electrical and plumbing systems, and fresh exterior paint. Each apartment boasts a unique

    Andrew Freerks Andrew J. Freerks

    140 Jefferson St, Albany, NY 12210
  • /26

    $385,000

    • 5 Beds
    • 3 Baths
    • 2,880 Sq Ft

    137 4th Ave, Albany, NY 12202

    Take advantage of this fantastic investment opportunity with this meticulously maintained three-unit brick building! Each unit is currently rented, providing immediate income potential. Located in a desirable neighborhood of Albany, this property features:- Three Spacious Units: Each unit includes comfortable living spaces, ample natural light, and functional layouts, making them highly

    George Yhap eXp Realty

    137 4th Ave, Albany, NY 12202
  • /9

    $1,000,000

    • Land
    • 1.28 Acres
    • $781,250 per Acre

    14 Rapp Rd, Albany, NY 12203

    Incredible Commercial Opportunity in Prime Albany Location! This listing includes 14, 16, and 18 Rapp Rd, totaling 1.28 acres of highly visible and accessible land located just off Washington Ave Ext and minutes from Crossgates Mall, I-87, and I-90. Zoned Commercial/General Business (GB), this property supports a wide variety of development options including retail, office, mixed-use, medical, or

    Scott Varley KW Platform

    14 Rapp Rd, Albany, NY 12203
  • /16

    $2,450,000

    • 26 Beds
    • 16 Baths
    • 15,000 Sq Ft

    3 Elberon Place, Albany, NY 12203

    Package deal, 3, 5, 7, 9 and 11 Elberon beautiful brick row house. Each building right next to each other on this street. Amazing investment, renovations completed and tenant occupied. Coin op washer/dryer in the basement of each building. Vinyl plank flooring, designer finishes, super modern, and a great location make this an ideal investment property. Steps to beautiful Washington Park, local

    Linda Chiou GROUP TWENTY SIX NY LLC

    3 Elberon Place, Albany, NY 12203
  • /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
  • /44

    $631,000

    • 7 Beds
    • 7 Baths
    • 3,496 Sq Ft

    578 Madison Ave, Albany, NY 12208

    Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!

    Mary Jo Cosco Real Estate Source Inc

    578 Madison Ave, Albany, NY 12208
  • /2

    $2,275,000

    • 22 Beds
    • 21 Baths
    • 14,780 Sq Ft

    38 S Main Ave, Albany, NY 12208

    Investment Opportunity! The Westerly is a 21 units, 5 story NYC style apartment building for sale in prime time location. Great rental history, and 100% occupied. Elevator in building, beautiful lobby/common area. Close to Capital buildings, SUNY, major highways, and all Albany has to offer. Tenants pay utilities. Landlord pays HW and cable/internet.

    Ryan Mortka Realty One Group Key

    38 S Main Ave, Albany, NY 12208
  • /60

    $890,000 Pre-Foreclosure

    • 6 Beds
    • 6 Baths
    • 4,588 Sq Ft

    166 Washington Ave, Albany, NY 12210

    Take a look at this stately historic 5-unit brownstone in the heart of Albany. Built in 1859, this beautifully preserved building features a grand staircase, high ceilings, large pocket doors, multiple fireplaces (not in use), thick crown moldings & character galore. Strong rental history with long term tenant in place that rents 4 of the 5 units. Total current monthly rental income of $5,300.

    Jamie Sittner Find Advisors

    166 Washington Ave, Albany, NY 12210

Home Trends in Albany, NY

Housing Trends

Median Sale Price
$308,000
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$265,000
Median 2 Bedroom Sale Price
$228,500
Median 1 Bedroom Sale Price
$154,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
135
Last 12 months Home Sales
901
Months of Supply
1.80
Median List Price
$299,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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