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Investment - Homes for Sale in Albany, NY

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  • /40

    $130,000

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,532 Sq Ft

    13 Lexington Ave, Albany, NY 12206

    Motivated seller- Bring your best offer and creative idea to this project. Handyman Special in the Heart of Albany! Opportunity awaits with this brick multifamily property located in Albany School District. This investor special offers tremendous potential for investors, contractors, flippers, or owner-occupants looking to build equity. The property requires a complete rehabilitation and is being

    Agent Photo

    Nicole Wilkie

    Howard Hanna Capital Inc

    13 Lexington Ave, Albany, NY 12206
  • /19

    $550,000

    • 10 Beds
    • 4 Baths
    • 4,464 Sq Ft

    360 Madison Ave, Albany, NY 12210

    Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property

    John Alund Lincoln House Realty

    360 Madison Ave, Albany, NY 12210
  • /37

    $399,900

    • 8 Beds
    • 4 Baths
    • 4,584 Sq Ft

    101 S Pine Ave, Albany, NY 12208

    Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left

    Nirisa Adams Monticello

    101 S Pine Ave, Albany, NY 12208
  • /17

    $274,900

    $15K PRICE DROP
    • 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
  • /26

    $385,000

    • 7 Beds
    • 3 Baths
    • 2,997 Sq Ft

    323 Clinton Ave, Albany, NY 12210

    Welcome to 323 Clinton avenue located in the desirable Sheridan Hollow NeighborhoodThis well maintained owner occupied three family solid Brick property features a large 1 bedroom 1 bathroom unit on the first floor over a 3 bedroom 1 bathroom unit on second floor and another 3 bedroom 1 bathroom apartment on the third floor. each unit has separate utilities, perfect for investor or owner

    Kerry-Ann Lawson VIP Realty Home Inc.

    323 Clinton Ave, Albany, NY 12210
  • /27

    $309,000

    • 5 Beds
    • 2 Baths
    • 2,208 Sq Ft

    15 Zoar Ave, Albany, NY 12209

    Opportunity awaits in this well-maintained two family home located in a desirable neighborhood just over bridge from Delmar/Bethlehem area. Close to schools, shopping and restaurants. Recent updates include brand-new front porch and a completely refreshed second floor featuring new walls and fresh paint. Whether you're looking to owner-occupy while generating income or add a solid investment

    Tammy Sbardella 518 Realty.Com Inc

    15 Zoar Ave, Albany, NY 12209
  • /17

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,954 Sq Ft

    104 2nd Ave, Albany, NY 12202

    Great investment opportunity with big backyard. All Utilities are Separate. Sold as is

    Nicole McNulty Tailored Real Estate Group

    104 2nd Ave, Albany, NY 12202
  • /27

    $399,000

    $26K PRICE DROP
    • 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 MANISALI SERVICES LLC

    157 Myrtle Ave, Albany, NY 12202
  • /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
  • /2

    $60,000

    • Land
    • 8,712 Sq Ft
    • $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

    $649,900

    $110K PRICE DROP
    • 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
  • /57

    $285,000

    • 9 Beds
    • 3 Baths
    • 2,376 Sq Ft

    123 Clinton St, Albany, NY 12202

    INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term

    Virginia Rawlins Greenwood Realty Group of New York LLC

    123 Clinton St, Albany, NY 12202
  • /13

    $149,999

    $10K PRICE DROP
    • 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!

    Stephen McCormick Tier One Real Estate Pros LLC

    281 Sherman St, Albany, NY 12206
  • /10

    $154,999

    $5K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,584 Sq Ft

    363 Elk St, Albany, NY 12206

    Welcome to 363 Elk Street... mainly maintained as an income-producing rental property, this offers an excellent opportunity for investors or owner-occupants alike. It features 4BEDS/1BATH, Dining Area,Living Room, Large yard.Conveniently located in Albany's West Hill neighborhood, it is just minutes from downtown, major employers, hospitals, colleges, shopping, dining, parks, and public

    Mariana DeLuca Howard Hanna Capital Inc

    363 Elk St, Albany, NY 12206
  • /21

    $299,000

    • 5 Beds
    • 2.5 Baths
    • 1,955 Sq Ft

    2 Manning Square, Albany, NY 12206

    Beautifully Renovated 5-Bedroom Albany Home with Modern Updates and Timeless Charm! Welcome to 2 Manning Square, a beautifully renovated home that seamlessly blends classic character with modern conveniences. Offering 5 spacious bedrooms and 2.5 bathrooms, this move-in-ready property provides an abundance of space for comfortable living, entertaining, and working from home. Step inside to find a

    Anik Paul Empire Real Estate Firm LLC

    2 Manning Square, Albany, NY 12206
  • /17

    $290,000

    $5K PRICE DROP
    • 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
  • /48

    $299,900

    • 9 Beds
    • 2 Baths
    • 1,930 Sq Ft

    3 Manning Square, Albany, NY 12206

    Don't miss this incredible opportunity in Albany! This fully renovated row house with in law apartment features 9 spacious bedrooms and 2 modern bathrooms, making it perfect for a student rental or a large household looking for plenty of space. Everything is brand new -- updates include: Gas meter & electrical (200 Amp service), Windows, plumbing, and water line, Siding, gutters, and freshly

    Mark Goodall Empire Real Estate Firm LLC

    3 Manning Square, Albany, NY 12206
  • /12

    $259,900

    • 8 Beds
    • 2 Baths
    • 1,936 Sq Ft

    19 Stanwix St, Albany, NY 12209

    Excellent opportunity for both investors and owner-occupants! This spacious two-family property features two 4-bedroom units, offering exceptional income potential and flexible living arrangements. The first-floor unit is occupied by a long-term tenant paying $2,000 per month through a full assistance program, providing reliable rental income from day one. The second-floor unit is vacant, giving

    Kyle DeMeo KW Platform

    19 Stanwix St, Albany, NY 12209
  • /29

    $1,025,000

    $75K PRICE DROP
    • 19 Beds
    • 12 Baths
    • 6,600 Sq Ft

    29 2nd St, Albany, NY 12210

    This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

    Stephen McCormick Tier One Real Estate Pros LLC

    29 2nd St, Albany, NY 12210
  • /28

    $229,900

    • 4 Beds
    • 2 Baths
    • 2,360 Sq Ft

    851 Livingston Ave, Albany, NY 12206

    Move-In Ready Two-Family in Albany - Ideal for Owner-Occupants or Investors! Don't miss this excellent opportunity to own a well-maintained two-family home on a quiet street. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income, or for an investor seeking immediate occupancy. The first-floor unit includes the convenience

    Sean Daley Empire Real Estate Firm LLC

    851 Livingston Ave, Albany, NY 12206
  • /22

    $365,000

    $4K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 1,750 Sq Ft

    683 State St, Albany, NY 12203

    A rare find in Albany's Pine Hills: Updated two-unit property that works equally well as a primary home with income offset, or a turnkey cash-flowing investment. For the Home BuyerLive in one unit and let your tenant help pay your mortgage. The first-floor unit is rented - that income starts working for you on day one. Your unit has been fully renovated with vinyl plank flooring, a

    Pearl Ha ADI Real Estate Services LLC

    683 State St, Albany, NY 12203
  • /36

    $250,000

    • 5 Beds
    • 2.5 Baths
    • 1,540 Sq Ft

    97 3rd Ave, Albany, NY 12202

    Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while

    Jerome Newkirk Revision Real Estate

    97 3rd Ave, Albany, NY 12202
  • /35

    $265,000

    $25K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,209 Sq Ft

    51 Benson St, Albany, NY 12206

    A rare opportunity to own two parcels offering the perfect combination of a beautifully updated home and exceptional income potential. This sale includes 51 & 53 Benson Street, featuring a move-in ready 3-bedroom, 1.5-bath bungalow, 8 detached garages, and immediate rental income. Four garages are located on the homesite, with an additional four on the adjoining parcel. Three garages are

    Marisa Moffatt Empire Real Estate Firm LLC

    51 Benson St, Albany, NY 12206
  • /32

    $349,900

    • 6 Beds
    • 2 Baths
    • 2,166 Sq Ft

    81 N Allen St, Albany, NY 12203

    Perfect owner-occupy or investment opportunity in the heart of Albany's highly desirable Pine Hills neighborhood! This well-maintained two-family home offers the ideal combination of comfortable living and strong rental income potential. The first-floor unit features 2 spacious bedrooms, durable plank flooring, a beautifully updated oversized bathroom with travertine tile, and a large eat-in

    Jeury Lugo KW Platform

    81 N Allen St, Albany, NY 12203
  • /30

    $850,000

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

    201 Jay St, Albany, NY 12210

    One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard.

    Benjamin Hallow Laviano & Associates Real Estate Group

    201 Jay St, Albany, NY 12210
  • /5

    $85,000

    $14K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,904 Sq Ft

    54 Clinton St, Albany, NY 12202

    Investor opportunity or create your own home in the heart of Albany! Perfect for a fix-and-flip, BRRRR investment, or FHA 203(k) renovation loan. Currently a single-family home with potential for two-family conversion (subject to municipal approvals). Conveniently located near downtown, hospitals, shopping, restaurants, and major highways. Bring your vision and unlock this property's potential!

    Jordan Gigliotti KW Platform

    54 Clinton St, Albany, NY 12202
  • /24

    $189,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,672 Sq Ft

    796 Livingston Ave, Albany, NY 12206

    Great Investment Opportunity! This 4 bedroom, 2 bath is centric and perfectly located in a quiet street near to malls, stores and more. This well maintained, already rented and producing income property is a ideal investment to add to your portfolio, or to occupy one unit while living in another. Schedule a showing now!

    Ana Zairy Castillo Penalo Kastle Realty LLC

    796 Livingston Ave, Albany, NY 12206
  • /2

    $189,999

    Pre-Foreclosure
    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    56 Southern Blvd, Albany, NY 12209

    Welcome to 56 Southern Blvd! This charming 3-bedroom, 1-bath home offers classic character and comfortable living throughout. Featuring a bright, inviting interior, an enclosed front porch, and a new hot water heater, this move-in ready home is ready for its next owner. Conveniently located near schools, parks, shopping, restaurants, and major highways, it provides easy access to everything

    Patrick Zagarino 360 Realty Group

    56 Southern Blvd, Albany, NY 12209
  • /4

    $275,000

    • 6 Beds
    • 3 Baths
    • 2,420 Sq Ft

    88 Ontario St, Albany, NY 12206

    Turnkey investment opportunity in Albany! This fully tenant-occupied three-unit property features a total of 6 bedrooms and 3 full bathrooms, providing immediate and consistent rental income. Situated on a rare double lot at 88-90 Ontario Street, this income-producing asset offers added land value and future potential. All units are occupied with established tenants in place, making it an ideal

    Linda Chiou GROUP TWENTY SIX NY LLC

    88 Ontario St, Albany, NY 12206
  • /28

    $399,000

    • 3 Beds
    • 3 Baths
    • 2,850 Sq Ft

    208 Myrtle Ave, Albany, NY 12202

    Recently renovated triplex near Albany Medical Center featuring updated interiors and convenient access to hospitals, major highways, downtown Albany, shopping, dining and public transportation. This well-maintained three-family property offers strong rental appeal for both tenants and investors alike. Each unit features a living room, kitchen, dining room, additional flex space ideal for a

    Amanda O'leary Sinkoff Realty Group

    208 Myrtle Ave, Albany, NY 12202
  • /12

    $330,000

    $45K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,460 Sq Ft

    802 Myrtle Ave, Albany, NY 12208

    PRICE IMPROVMENT !!...If you want cash flow, this property projects 50K annual rental income. Great Albany location. Close to hospitals, universities, restaurants and entertainment. 4 units with hardwood floors throughout. With two vacant units ideal for owner occupancy. Each unit has its own gas and electric meter, as well as a house meter, individual water heaters for each unit. New kitchen

    Sean Martin Venture Fox Realty Group LLC

    802 Myrtle Ave, Albany, NY 12208
  • /15

    $484,999

    $10K PRICE DROP
    • 9 Beds
    • 3 Baths
    • 3,495 Sq Ft

    77 S Allen St, Albany, NY 12208

    Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical,

    Mariana DeLuca Howard Hanna Capital Inc

    77 S Allen St, Albany, NY 12208
  • /24

    $290,000

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft

    15 Maryland Ave, Albany, NY 12205

    Beautiful home in a super convenient location on a quiet street in the highly desirable South Colonie School District! Close to shops, malls, restaurants, and major highways for an easy commute. Renovated just a few years ago, this property is a great investment opportunity or perfect for owner-occupancy.This home features two large bedrooms and two full baths, including a spacious bedroom

    Arpi Balgin Serenity Real Estate Team

    15 Maryland Ave, Albany, NY 12205
  • /2

    $385,000

    • 6 Beds
    • 2 Baths
    • 3,920 Sq Ft

    103 Southern Blvd, Albany, NY 12209

    Attention investors and owner-occupants! Don't miss this fantastic opportunity to own a well-maintained two-family home with excellent income potential. Featuring a brand-new kitchen, updated bathroom, and separate utilities for each unit, this property is designed for convenience and long-term value. Current tenants are on month-to-month leases, offering flexibility for future plans. A private

    Jasilia Martinez Realty One Group Key

    103 Southern Blvd, Albany, NY 12209
  • /20

    $325,000

    $20K PRICE DROP
    • 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. Rents are $1350, $1225 and $975.

    Jennifer Gao-Bosley J & A Capital Realty

    385 Washington Ave, Albany, NY 12206
  • /19

    $275,000

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft

    233 S Swan St, Albany, NY 12202

    Open house 08/01/2026 from 10am to 12pm. This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental

    Md Hoq Realty One Group Key

    233 S Swan St, Albany, NY 12202
  • /11

    $175,000

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

    3 Osborne St, Albany, NY 12202

    Timeless Charm meets modern potential in this south end home. This is an opportunity to restore a grand 4 bedroom historic home to its former glory blending 19th century design with the investment potential of a rapidly growing neighborhood. Home features interior canvases of the past, is generously proportionate, has high ceilings, original moldings and hidden gems sold as-is.Located on a

    Danesha Graham KW Platform

    3 Osborne St, Albany, NY 12202
  • /17

    $8,750,000

    201 Park Ave, Albany, NY 12202

    A rare opportunity to acquire a fully renovated, stabilized 46-unit multifamily investment housed within one of Albany's most distinctive historic buildings. Originally constructed as the iconic Hinckel Brewery, this landmark property has been thoughtfully transformed into a modern apartment community while preserving its unique architectural character. Completed renovations in 2023 have

    Leah Witko REALTY ONE GROUP KEY

    201 Park Ave, Albany, NY 12202
  • /31

    $219,999

    $100K PRICE INCREASE
    • 4 Beds
    • 2 Baths

    486 3rd St Unit 2, Albany, NY 12206

    Welcome to 486 3rd St, This beautiful renovated two family home is perfect for an owner occupant or investor. both units features new kitchens, bathrooms, flooring, New appliances and 2 new furnaces for each unit that offers the convenience of separate utilities for each apartment, New electrical and plumbing throughout and laundry hookup in each unit. Great investment opportunity in a highly

    Kerry-Ann Lawson VIP Realty Home Inc.

    486 3rd St Unit 2, Albany, NY 12206
  • /14

    $260,000

    • 6 Beds
    • 3 Baths
    • 2,100 Sq Ft

    313 1st St, Albany, NY 12206

    Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY.This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal.Size: With a spacious layout, each unit

    Mohini Amazalum Coldwell Banker Prime Properties

    313 1st St, Albany, NY 12206

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$324,900
Median Single Family Sale Price
$326,987
Median Townhouse Sale Price
$275,000
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$170,050
Average Price Per Sq Ft
$218
Number of Homes for Sale
125
Last 12 months Home Sales
967
Months of Supply
1.60
Median List Price
$319,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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