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Albany, NY Multifamily Homes & Duplexes for Sale

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  • /49

    $1,400,000

    • 5 Beds
    • 3 Baths
    • 2,254 Sq Ft

    423 Quail St, Albany, NY 12208

    This is an incredible opportunity for investors and business owners. For sale are 3 buildings: 255 New Scotland Ave is a mixed use building with a 2-bedroom apartment over a business, 423 Quail St is a commercial space with 3 businesses currently operating, and 419 Quail St is a well cared for 2 family home. These buildings are adjacent and must be sold together. The location of these

    Jennifer Donovan KW Platform

    423 Quail St, Albany, NY 12208
  • /39

    $389,000

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

    397 Clinton Ave, Albany, NY 12206

    Freshly painted and updated flooring. Possibility for garden floor apartment and commercial space with variance.

    T Michael Ferrigan Gabler Realty, LLC

    397 Clinton Ave, Albany, NY 12206
  • /41

    $214,900

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

    135 4th Ave, Albany, NY 12202

    Investor's Dream! Don't miss this fantastic opportunity to own a well-maintained 2-family home in Albany's South End neighborhood. Located at 135 4th Ave, this solid investment features two spacious units with prior updates, offering immediate rental income or the perfect chance to live in one unit and rent the other. Each unit boasts updated kitchens and baths, ample natural light, and separate

    Kelly Sharifipour Darby Real Estate of New York Inc

    135 4th Ave, Albany, NY 12202
  • /17

    $195,900

    • 6 Beds
    • 2 Baths
    • 2,328 Sq Ft

    219 1st St, Albany, NY 12210

    This well-maintained 2-family property offers a fantastic investment opportunity with steady rental income. Both units are fully rented with long-term tenants providing a reliable cash flow. Each unit features 3 bedrooms and 1 full bathroom and plenty of living space. Don't miss this one!

    Donna Clanton Venture Realty Partners

    219 1st St, Albany, NY 12210
  • /30

    $575,000

    • 7 Beds
    • 4 Baths
    • 3,630 Sq Ft

    272 Morton Ave, Albany, NY 12209

    Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water

    Melissa Woodcock Staged Nest Real Estate LLC

    272 Morton Ave, Albany, NY 12209
  • /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
  • /41

    $475,000

    • 5 Beds
    • 4 Baths
    • 2,714 Sq Ft

    270 Morton Ave, Albany, NY 12209

    Incredible Investment Opportunity! This spacious 4-unit building includes two 1-bedroom units, one 3-bedroom unit, + a first floor office space that could easily be converted back to an additional 1-bedroom apartment- offering excellent rental flexibility + income potential. Key improvements include a new furnace (2020) for 1st floor front unit, 2 hot water tanks (2022), New Kitchen w/granite

    Melissa Woodcock Staged Nest Real Estate LLC

    270 Morton Ave, Albany, NY 12209
  • /26

    $239,900

    • 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
  • /14

    $230,000

    • 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
  • /45

    $549,000

    • 4 Beds
    • 3.5 Baths
    • 3,120 Sq Ft

    126 Jefferson St, Albany, NY 12210

    ARE YOU READY TO BE WOWED!? FANTASTIC OPPORTUNITY TO SECURE THIS STUNNING LUXURY 2 FAMILY HOME, NEWLY BUILT IN 2017! No need to upgrade or improve! Once inside you will notice all the modern features throughout including hardwood floors, ceramic tiles, granite counters, 9 ft. ceilings and central HVAC in both units. First floor features a 1 bedroom/1full bath unit with full laundry. Unit 2

    Bryan Gautie Howard Hanna Capital Inc

    126 Jefferson St, Albany, NY 12210
  • /18

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,524 Sq Ft

    178 Spring St, Albany, NY 12203

    Great 2 Family high demand student rental area! Perfect for investors! Always rented. Can be packaged with 697 and 703 State St. Complete package has 3 adjacent rentals with 2 adjoining parking lots..

    Leslie Dubb Berkshire Hathaway Home Services Blake

    178 Spring St, Albany, NY 12203
  • /18

    $1,995,000

    • 9 Beds
    • 7 Baths
    • 6,688 Sq Ft

    800 Madison Ave, Albany, NY 12208

    Rare multifamily opportunity in Albany. 800 Madison and 441 Yates Street, two parcels located back to back and offers off street parking. Combined 13 apartments. 800 Madison was renovated in 2017. With new kitchens and refreshed bathrooms. This building the landlord pays for heat/hot water and tenants pay a premium for such. 441 Yates street was gut rehabbed in 2020. Offering all new mechanicals,

    Pete Tryon Blue House Companies

    800 Madison Ave, Albany, NY 12208
  • /35

    $275,000

    • 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

    Todd Schermerhorn Schermerhorn Realty Group LLC

    106 Mcalpin St, Albany, NY 12209
  • /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
  • /25

    $849,900

    • 6 Beds
    • 4 Baths
    • 4,078 Sq Ft

    28 Dove St, Albany, NY 12210

    28 Dove Street is a fully renovated 4-family townhouse located in the heart of Center Square. Built in 1890 and updated in 2017, this 4,078 sq ft property features four units: three 1-bedroom and one 2-bedroom apartments, each with separate utilities and central air conditioning. The property offers six off-street parking spaces and hardwood floors throughout. Solid surface countertops and ample

    John Alund Lincoln House Realty

    28 Dove St, Albany, NY 12210
  • /20

    $839,900

    • 6 Beds
    • 4 Baths
    • 5,500 Sq Ft

    283 State St, Albany, NY 12210

    283 State Street is a historic 4-family townhouse located in the Center Square neighborhood of Albany. Built in 1850, this 5,500 sq ft property features four massive units: two 1-bedroom and two 2-bedroom apartments. Each unit includes 1 bathroom. The owner is responsible for all utilities. The property offers six off-street parking spaces. Listed at $839,900, it provides a rare investment

    John Alund Lincoln House Realty

    283 State St, Albany, NY 12210
  • /19

    $869,900

    • 6 Beds
    • 6 Baths
    • 5,770 Sq Ft

    309 State St, Albany, NY 12210

    309 State Street in Albany, NY, is a historic 4-family townhouse located in the Center Square neighborhood. Built in 1895, this 5,770 sq ft property features four units: three one-bedroom and one three-bedroom. Each unit includes 1.5 to 2 bathrooms and in-unit washer/dryer. The owner pays heat and hot water; tenants pay for electricity. The property offers five parking spaces—two off-street and

    John Alund Lincoln House Realty

    309 State St, Albany, NY 12210
  • /60

    $890,000

    • 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
  • /20

    $7,500,000

    • 99 Beds
    • 93 Baths
    • 65,728 Sq Ft

    264 S Allen St, Albany, NY 12208

    93 unit multifamily portfolio in A+ Locations. 11 Buildings and 1 vacant lot. Priced to Sell! With tons of potential to increase rents and value. Several properties offer have off street parking and some garages, owner pays heat/hot water in several buildings.Portfolio can not be split up. Must be sold as a package.

    Pete Tryon Blue House Companies

    264 S Allen St, Albany, NY 12208
  • /17

    $1,300,000

    • 20 Beds
    • 12 Baths
    • 6,338 Sq Ft

    106 & 110 Morris St, Albany, NY 12208

    8-units in an unbeatable location! These four, 2-unit buildings boast expansive floor plans, vinyl and carpet flooring, washers & dryers, and modern kitchens with stainless steel appliances and dishwashers. Second floors are 2-bedroom units with open kitchens and vaulted living room ceilings. First floors are 3-bedroom units and capture the entire square footage of the basement as living area.

    Jamie Brayton Rooted Property Group LLC

    106 & 110 Morris St, Albany, NY 12208
  • /14

    $175,000

    • 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.

    Jamila Belton Realty One Group Key

    50 Ontario St, Albany, NY 12206
  • /10

    $1,299,900

    • 13 Beds
    • 12 Baths
    • 8,200 Sq Ft

    572 Madison Ave, Albany, NY 12208

    Located at 572-574 Madison Avenue, this residential building (2 commercial properties) features 12 well-maintained apartments with $89K NOI. Offering a mix of spacious 1 and 1 2-bedroom units, the property is in a prime location w/ easy access to local amenities, transport, and schools. With strong rental potential and a desirable neighborhood, it represents an excellent investment opportunity.

    John Alund Lincoln House Realty

    572 Madison Ave, Albany, NY 12208
  • /7

    $425,000

    • 12 Beds
    • 4 Baths
    • 4,384 Sq Ft

    41-43 N Manning Blvd, Albany, NY 12206

    Great 4-unit building with many recent improvements including all new porches. Most windows are vinyl replacement. Spacious apartments, 3 bedroooms each, separate utilities. Easy to rent. Some long-time tenants would like to stay. Must be sold together with 37-39 N Manning (''twin'' building). Call to schedule a showing!!

    Chaya Tal Brenner Realty

    41-43 N Manning Blvd, Albany, NY 12206
  • /8

    $425,000

    • 12 Beds
    • 4 Baths
    • 4,384 Sq Ft

    37-39 N Manning Blvd, Albany, NY 12206

    Great 4-unit building with many recent improvements including all new porches, two new boilers. Most windows are vinyl replacement. Spacious apartments, 3 bedrooms each, separate utilities. Easy to rent. Long-term tenant would like to stay. Must be sold together with 41-43 N Manning (''twin'' building). Call to schedule a showing!!

    Chaya Tal Brenner Realty

    37-39 N Manning Blvd, Albany, NY 12206
  • /27

    $4,900,000

    • 41 Beds
    • 41 Baths
    • 101,730 Sq Ft

    99 Pine St, Albany, NY 12207

    REDUCED PRICE! Open to offers! This is a truly one of a kind property situated in the heart of Downtown Albany! Have the chance to own this high end building outfitted with 41 luxury residential units, and 21 commercial spaces. 96 Walk Score; close to every need for prospective residents and those wanting to work directly Downtown Albany. Apartments are furnished with beautiful custom kitchens,

    Sage Baltrusaitis Hunt Real Estate ERA

    99 Pine St, Albany, NY 12207
  • /21

    $365,000

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

    49 Forest Ave, Albany, NY 12208

    Excellent 2-unit apartment building on a quiet street five blocks from Albany Medical Center and the University of Albany Law School. Each unit has three bedrooms and a bathroom (1st floor also has a 1/2 bathroom). Sunny kitchens, large living rooms, and front enclosed porches. Two washers & two dryers in the basement. Large open attic. Detached 2-car garage with two overhead doors. Large front

    Cory Tyksinski NAI Platform LLC

    49 Forest Ave, Albany, NY 12208
  • /5

    $119,900

    • 4 Beds
    • 2 Baths
    • 1,852 Sq Ft

    478 3rd St, Albany, NY 12206

    WELCOME TO YOUR NEXT INVESTMENT PROPERTY. ROP'S ARE IN PLACE AND PROPERTY IS FULLY RENTED. BOTH TENANTS ARE MONTH TO MONTH. BOTH UNITS ARE 2 BEDROOMS ONE BATH WITH LIVING ROOM AND EAT IN KITCHEN. BASEMENT WAS A UNIT AND COULD BE AGAIN WITH PROPER VARIANCE. HUGE REAR YARD FOR GET TOGETHERS AND RELAXING.

    Jerome Newkirk Revision Real Estate

    478 3rd St, Albany, NY 12206
  • /26

    $130,000

    • 5 Beds
    • 2 Baths
    • 2,312 Sq Ft

    409 Elk St, Albany, NY 12206

    Attention investors! This spacious 3-over-2 duplex is vacant and ready for your finishing touches. Key updates have already been completed, including new windows, updated bathrooms, fresh kitchen flooring, and new electrical. What's left to do? Install new kitchen appliances, a water heater, and a boiler to bring this property to its full potential.

    Andrea Tallman KW Platform

    409 Elk St, Albany, NY 12206
  • /45

    $700,000

    • 8 Beds
    • 5 Baths
    • 4,608 Sq Ft

    552 Madison Ave, Albany, NY 12208

    **CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit

    Samantha Curry New Scotland Realty

    552 Madison Ave, Albany, NY 12208
  • /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
  • /6

    $645,000

    • 14 Beds
    • 6 Baths
    • 3,700 Sq Ft

    518 Hudson Ave, Albany, NY 12203

    *All Investors! All Future Homeowners!*We Are Excited To Present 518 Hudson Ave - A Property Located In The Heart Of College Town. This Impressive Property Features:6 Units (4 Br, 3Br, & 1 Br Configuration)12 Car Parking Lot In The Back Of This ParcelEnclosed Trash Area For TenantsLow Rents, Which Can Be Increased(Utilities Are Included In Rent,

    Amjad Mughal M J J Realty

    518 Hudson Ave, Albany, NY 12203
  • /2

    $299,000

    • 6 Beds
    • 3 Baths
    • 1,680 Sq Ft

    4 New Scotland Ave, Albany, NY 12208

    Three family and Two lots available on New Scotland Ave near Albany Medical Center and Washington Park. Next to the hospital's billion dollar expansion, the new YMCA, CVS, Baldini's, Chipotle, Starbuck's and Panera. Residential or commercial opportunity or both. 365 new apartment across the street at premium rents. Off street parking. Unique opportunity.

    Michael McGovern NAI Platform LLC

    4 New Scotland Ave, Albany, NY 12208
  • /2

    $59,900

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft

    477 2nd St, Albany, NY 12206

    Opportunity awaits with this Albany fixer-upper! This home is ready for your vision—a total rehab perfect for investors, flippers, or buyers looking to add their own touch. Featuring a new roof and endless potential, this property offers the chance to create something truly special. Whether you're looking to renovate and resell or customize your dream home.

    Paul Friello Coldwell Banker Prime Properties

    477 2nd St, Albany, NY 12206
  • /4

    $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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