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Investment - Homes for Sale in Albany, NY

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  • /62

    $785,000

    • 9 Beds
    • 8.5 Baths
    • 3,438 Sq Ft

    70 Willett St, Albany, NY 12210

    *NEW PRICE* Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying

    Agent Photo

    Jenn Baniak-Hollands

    KW Platform

    (518) 741-3276

    70 Willett St, Albany, NY 12210
  • /13

    $149,999

    • 6 Beds
    • 2 Baths
    • 2,290 Sq Ft

    281 Sherman St, Albany, NY 12206

    Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!

    Agent Photo

    Stephen McCormick

    Tier One Real Estate Pros LLC

    (518) 656-8287

    281 Sherman St, Albany, NY 12206
  • /44

    $599,900

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

    166 Washington Ave, Albany, NY 12210

    Welcome to 166 Washington Avenue, a prime Albany property offering exceptional potential for both investors and owner-occupants! This well-maintained building is ideally situated in the heart of the city—just moments from downtown, major employers, universities, and local attractions. Whether you're seeking a strong income-producing asset or a place to call home with additional rental

    Jerome Newkirk Revision Real Estate

    166 Washington Ave, Albany, NY 12210
  • /19

    $179,900

    • 6 Beds
    • 3 Baths
    • 2,310 Sq Ft

    23 Sloan St, Albany, NY 12202

    Solid Brick 3 Family Investment Property. This property has a ton of potential and has separate utilities. There is some water damage and needs work. Being sold as is.

    Mike Brown Kearney Brown Realty

    23 Sloan St, Albany, NY 12202
  • /17

    $289,900

    • 5 Beds
    • 2 Baths
    • 2,103 Sq Ft

    511 Morris St, Albany, NY 12208

    Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated,

    Hany Ayoub Venture Fox Realty Group LLC

    511 Morris St, Albany, NY 12208
  • /17

    $350,000

    • 4 Beds
    • 3.5 Baths
    • 3,300 Sq Ft

    70 Park Ave, Albany, NY 12202

    Prime 3-Unit Investment Opportunity in Albany's Mansion District! Discover this beautifully maintained 3-unit multi-family property in the Mansion District. This is a turnkey cash-flowing gem spanning approximately 3,300 sq ft, and is fully occupied with current ROP's offering immediate income and strong upside potential. Tenants responsibly cover their own gas and electric utilities, keeping

    Kyle Chadwick Premier Homes Elite Realty LLC

    70 Park Ave, Albany, NY 12202
  • /27

    $425,000

    • 5 Beds
    • 4 Baths
    • 2,446 Sq Ft

    105 Southern Blvd, Albany, NY 12209

    4 unit investment home. Hard to find 1 and 2 bedroom units much in demand. Well maintained with solid tenants. Original character of home maintained with updates. Large outbulding for owner storage. Full basement and attic. Unit 1 is a studio apt. Fantastic investment property.

    Diana Wright Completely Home LLC

    105 Southern Blvd, Albany, NY 12209
  • /39

    $289,900

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

    693 State St, Albany, NY 12203

    Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition

    Kevin Clancy Clancy Real Estate

    693 State St, Albany, NY 12203
  • /27

    $425,000

    • 8 Beds
    • 2 Baths
    • 2,172 Sq Ft

    157 Myrtle Ave, Albany, NY 12202

    [Video Tour available!] Well-maintained and recently renovated 2-unit home 2 blocks from Lincoln Park. Owner occupy and go to the park every day. Or set it and forget it as a hassle-free solid investment property. The building requires no upgrades or maintenance as it is. Solid existing tenant and Unit 2 can either be rented out or owner occupied. Sellers looking for clean, easy deal. Hardwood

    Cem B. Manisali

    157 Myrtle Ave, Albany, NY 12202
  • /31

    $228,900

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

    358 2nd St, Albany, NY 12206

    Back in the market after vacating both floors. A fantastic two-family investment property with positive cash flow is available in Albany. Both units have been recently repainted, providing a refreshed and updated appearance. It would be perfect for owner-occupied or investment. Each unit features three bedrooms and one bathroom, complete with hardwood flooring throughout. The large living rooms

    Diju Rahman Dimension Realty Solution LLC

    358 2nd St, Albany, NY 12206
  • /4

    $375,000

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

    145 Quail St, Albany, NY 12206

    Prime SRO Investment OpportunityDiscover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a

    Michael Garvin eXp Realty

    145 Quail St, Albany, NY 12206
  • /17

    $295,000

    • 5 Beds
    • 2.5 Baths
    • 1,697 Sq Ft

    446 2nd Ave, Albany, NY 12209

    This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants — ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash

    Anthony Redway Redway Realty LLC

    446 2nd Ave, Albany, NY 12209
  • /2

    $60,000

    • Land
    • 0.2 Acre
    • $300,000 per Acre

    30 Willow St, Albany, NY 12206

    +/- 0.2 Acres vacant land for sale. MU-FC zoning district encourages development in the Central Avenue/Manning Square area and allows a mix of residential and commercial uses that support the investment along Central Avenue.

    Ryan Mortka Realty One Group Key

    30 Willow St, 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
  • /11

    $207,400

    • 3 Beds
    • 1 Bath
    • 1,272 Sq Ft

    30 Judson St, Albany, NY 12206

    Excellent Opportunity to own a Newly Renovated Single Family Home in the thriving City of Albany. Great for Owner Occupied or Investment. Vacant and ready to Move Right In. 3 Bedrooms, 1 Bathroom. Beautiful New Kitchen and Bathroom. Close to Shopping, Restaurants, Downtown, Schools, Parks, Major Travel Routes, Bus Line and More. Exterior Renovation will be completed when the weather permits.

    Scott Scorzafava Scorzafava Real Estate Group LLC

    30 Judson St, Albany, NY 12206
  • /20

    $249,900

    • 6 Beds
    • 2 Baths
    • 2,550 Sq Ft

    38 Trinity Place, Albany, NY 12202

    Brick two-family investment opportunity in Albany's Mansion neighborhood. Upper unit rented at $1,500/month; lower 3-bedroom unit delivered vacant. Separate utilities.Spacious layouts in both units, newer gas furnaces fenced yard, Kitchens are functional but offer room for improvement, creating upside for investors looking to add value through updates. Convenient location near downtown and Empire

    Kevin Clancy Clancy Real Estate

    38 Trinity Place, Albany, NY 12202
  • /27

    $415,000

    • 8 Beds
    • 2.5 Baths
    • 4,870 Sq Ft

    178A Delaware Ave, Albany, NY 12209

    Welcome to this massive duplex in the heart of Albany featuring over 4,800 SF of living space! Each spacious unit offers 4 bedrooms—one with 1.5 baths and the other with 1 full bath. Both units are currently rented with long-term tenants in place, providing strong and stable income. Updates include a roof less than 10 years old, newer flooring, newer water heaters, and some newer windows. The

    Alex Cooley Compass Greater NY, LLC

    178A Delaware Ave, Albany, NY 12209
  • /35

    $265,000

    • 4 Beds
    • 2 Baths
    • 2,304 Sq Ft

    106 Mcalpin St, Albany, NY 12209

    Take advantage of this prime investment opportunity with this duplex located in Albany! Featuring two spacious units, this property is ideal for maximizing rental income. A key highlight is the 4-car garage, currently rented out, providing valuable additional cash flow. Conveniently situated near shopping, dining, and parks, this duplex is well-positioned to attract quality tenants. With its

    Lisa Brault Schermerhorn Realty Group LLC

    106 Mcalpin St, Albany, NY 12209
  • /72

    $375,000

    • 9 Beds
    • 4 Baths
    • 3,200 Sq Ft

    292 Catherine St, Albany, NY 12209

    ***ALL OFFERS DUE SUNDAY 3/15 @ 5PM. *** Fantastic investment opportunity in the heart of Albany! This vacant triplex offers three spacious 3-bedroom units -- one with 2 full baths and two with 1 full bath each. The property has seen valuable updates including a roof less than 10 years old, newer flooring, and some newer windows. Each unit is bright, well-maintained, and ready for immediate

    Alex Cooley Compass Greater NY, LLC

    292 Catherine St, Albany, NY 12209
  • /20

    $265,000

    • 4 Beds
    • 4 Baths
    • 1,800 Sq Ft

    3 Clare Ave, Albany, NY 12202

    Welcome to this rare side-by-side duplex at 3 Clare Ave, offering a turnkey investment opportunity in a prime Albany location. Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability. The duplex features two well-maintained units totaling 4 bedrooms and

    Letisha Guerrero Compass Greater NY, LLC

    3 Clare Ave, Albany, NY 12202
  • /32

    $239,000

    • 6 Beds
    • 3 Baths
    • 2,244 Sq Ft

    238 Ontario St, Albany, NY 12203

    Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 9.37% + cap rate, making it an excellent opportunity for investors seeking reliable income. The basement unit is currently vacant, offering

    Daniel Odabashian New Scotland Realty

    238 Ontario St, Albany, NY 12203
  • /15

    $227,000

    • 4 Beds
    • 2 Baths
    • 2,051 Sq Ft

    860 Washington Ave, Albany, NY 12203

    This house is being sold as is. Great Investment opportunity. Come see this amazing duplex, large rooms,., hardwood, and close to the bus line.

    Katie Bondi Hunt ERA

    860 Washington Ave, Albany, NY 12203
  • /14

    $265,000

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

    500 Washington Ave, Albany, NY 12203

    Cash-flowing Pine Hills duplex with strong upside potential. This income producing property presents a great opportunity for investors or house-hack buyers seeking steady rental income in one of Albany's most consistent rental markets. Unit 2 is currently rented for $2000 month and Unit 1, currently vacant, has a projected rent of $1300 with room for growth. Investment highlights include a

    Peter Melito Akoma Realty Services LLC

    500 Washington Ave, Albany, NY 12203
  • /16

    $309,000

    • 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 for

    Erin Roth Saratoga Spa Realty

    4207 Albany St, Albany, NY 12205
  • /10

    $625,000

    • 6 Beds
    • 6 Baths
    • 3,564 Sq Ft

    369 Hudson Ave, Albany, NY 12210

    A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior

    Christine Sbardella 518 Realty.Com Inc

    369 Hudson Ave, Albany, NY 12210
  • /20

    $385,000

    • 6 Beds
    • 2 Baths
    • 2,640 Sq Ft

    180 Delaware Ave, Albany, NY 12209

    Well-maintained 2-family home ideally located near Albany Med, St. Peter's Hospital, and other local medical centers. Spacious units offer comfortable living with enclosed front and back porches for added space. Separate utilities, basement laundry area, and low taxes make this a smart investment. Conveniently situated along the bus line, perfect for owner-occupants or as a strong addition to any

    Jason Wynn Venture Fox Realty Group LLC

    180 Delaware Ave, Albany, NY 12209
  • /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
  • /20

    $365,000

    • 3 Beds
    • 3 Baths
    • 2,784 Sq Ft

    385 Washington Ave, Albany, NY 12206

    Great opportunity to own this well maintained beautiful historic three-family in Albany. Conveniently located across from Suny Albany downtown campus and walk distance to Washington Park. Original architectural features inside out, private rear porch for each unit. Perfect for owner occupy or investment.

    Jennifer Gao-Bosley J & A Capital Realty

    385 Washington Ave, Albany, NY 12206
  • /7

    $625,000

    • 6 Beds
    • 6 Baths
    • 3,564 Sq Ft

    373 Hudson Ave, Albany, NY 12210

    A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior

    Christine Sbardella 518 Realty.Com Inc

    373 Hudson Ave, Albany, NY 12210
  • /23

    $210,000

    • 5 Beds
    • 2 Baths
    • 2,118 Sq Ft

    676 Providence St, Albany, NY 12208

    *** Highest and best due Friday, March 13, 2026 at Noon. *** Opportunity awaits at 676 Providence St - a two-unit property (2 bedrooms up and 3 bedrooms on first floor) offering strong investment potential or owner- occupant flexibility. Each unit features spacious layouts with comfortable living areas, well-proportioned bedrooms, and ample natural light. This property is being sold as-is,

    Karen Zalewski-Wildzunas Berkshire Hathaway Home Services Blake

    676 Providence St, Albany, NY 12208
  • /22

    $189,900

    • 4 Beds
    • 2 Baths
    • 1,704 Sq Ft

    313 2nd St, Albany, NY 12206

    Excellent investment or owner-occupied opportunity in Albany! This well-maintained duplex features numerous updates, including newer windows, flooring, appliances, hot water heater and a rubber roof. Both units also offer a dedicated laundry room & a deck providing comfortable outdoor space. Each unit has separate utilities, making management simple and efficient. The large fenced-in backyard

    Kimberley Willsey eXp Realty

    313 2nd St, Albany, NY 12206
  • /21

    $325,000

    • 5 Beds
    • 2 Baths
    • 2,000 Sq Ft

    308 Quail St, Albany, NY 12208

    Well-cared-for home in Pine Hills. Perfect for owner-occupied or as a rental property. Also Spacious for a Co-Living Home - Comfortable, Connected Living. Well-designed 5-bedroom, 2-bath residence ideally suited for modern co-living. Thoughtfully laid out to balance privacy and shared space, this home offers generous bedroom sizes alongside inviting common areas perfect for connection and

    Lisa Shepard All in 1 Realty LLC

    308 Quail St, Albany, NY 12208
  • /6

    $625,000

    • 6 Beds
    • 6 Baths
    • 3,564 Sq Ft

    371 Hudson Ave, Albany, NY 12210

    PACKAGE PURCHSE AVAIABLE. TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large

    Christine Sbardella 518 Realty.Com Inc

    371 Hudson Ave, Albany, NY 12210
  • /17

    $289,000

    • 3 Beds
    • 3 Baths
    • 2,394 Sq Ft

    5 Myrtle Ave, Albany, NY 12202

    Looking for your next investment property or the opportunity of buying your first home while producing cash flow? This 3 family home features 3 bedrooms 3 full bath. High ceilings in unit 2 and 3. Well maintain, great income potential with a nice and centric location. Schedule your showing now!

    Ana Zairy Castillo Penalo Kastle Realty LLC

    5 Myrtle Ave, Albany, NY 12202
  • /2

    $254,900

    • 6 Beds
    • 2 Baths
    • 2,752 Sq Ft

    824 Madison Ave, Albany, NY 12208

    Two-family property featuring spacious 3-bedroom units on each floor. Both apartments were recently renovated in 2025 and offer large living and dining rooms, hardwood floors, and generous room sizes throughout. Separate utilities paid by tenants. Property includes a durable slate roof, oversized attic for additional storage or potential, and front porches on both levels. A solid investment or

    Hany Ayoub Venture Fox Realty Group LLC

    824 Madison Ave, Albany, NY 12208
  • /26

    $249,999

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

    514 Morris St, Albany, NY 12208

    Great investment opportunity just minutes from Albany Medical Center and St. Peter's Hospital. This well-maintained property features spacious units, updated vinyl plank and hardwood flooring, vinyl replacement windows, and updated electric panels. Separate utilities help keep expenses low, while off-street parking and a 2-car garage add strong tenant appeal. The downstairs unit is rented at

    Patrick Dunn KW Platform

    514 Morris St, Albany, NY 12208
  • /6

    $199,000

    • 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. This property offers the perfect blend of immediate cash flow potential and value-add opportunity. Each apartment features a flexible 3-bedroom floor plan specifically designed to qualify for 4-bedroom

    Craig Cioffi Weichert Realtors-Reliable Properties

    186 2nd Ave, Albany, NY 12202
  • /20

    $189,900

    • 4 Beds
    • 2 Baths
    • 1,890 Sq Ft

    143 Clinton St, Albany, NY 12202

    Financing can be conventional residential for this building (does not have to be commercial). Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his

    Leon Levy Berkshire Hathaway Home Services Blake

    143 Clinton St, Albany, NY 12202
  • /13

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,390 Sq Ft

    54 Ontario St, Albany, NY 12206

    Great opportunity to own this 3-bedroom, 1-bath home listed at $135,000. Whether you're a first-time buyer looking to stop renting or an investor seeking to expand your portfolio, this property offers strong potential and value. The home features a functional layout, a full basement for additional storage or future possibilities, and important recent updates including a new heating system and new

    Thierno Diallo Howard Hanna Capital Inc

    54 Ontario St, Albany, NY 12206
  • /15

    $259,000

    • 6 Beds
    • 3 Baths
    • 2,350 Sq Ft

    408 Elk St, Albany, NY 12206

    Investor Opportunity or owner-occupant Dream!Don't miss this income-generating duplex on Elk Street in one of Albany's most convenient locations. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income, this property offers flexibility and strong potential.Key Highlights: 2nd Unit- Updated bathrooms, kitchen, flooring and new painting

    Wai Wai Paing Real Broker NY LLC

    408 Elk St, Albany, NY 12206

Showing Results 1 - 40, Page 1 of 2

Home Trends in Albany, NY

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$320,000
Median Townhouse Sale Price
$275,000
Median 2 Bedroom Sale Price
$213,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$214
Number of Homes for Sale
62
Last 12 months Home Sales
969
Months of Supply
0.80
Median List Price
$305,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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