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Pine Hills Multifamily Homes & Duplexes for Sale

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  • /44

    $425,000

    • 5 Beds
    • 3 Baths
    • 2,179 Sq Ft

    84 N Allen St, Albany, NY 12203

    Take advantage of this fantastic investment opportunity with this meticulously maintained three-unit 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 appealing to

    George Yhap eXp Realty

    84 N Allen St, Albany, NY 12203
  • /12

    $329,900

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

    260 Partridge St, Albany, NY 12208

    Beautifully remodeled 2 family in the heart of Pine Hills. Stainless steel appliances, solid surface countertops. In unit washer and dryer. 3 bedrooms 1 bath each apartment . Low taxes. Rents could be higher. Currently Rented for $1650 and $1700.

    Adam Gelman BA Realty Group

    260 Partridge St, Albany, NY 12208
  • /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
  • /42

    $659,000

    • 8 Beds
    • 6 Baths
    • 5,314 Sq Ft

    577 Western Ave, Albany, NY 12203

    This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space, separate utilities, and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants

    Marshall Morgan Empire Real Estate Firm LLC

    577 Western Ave, Albany, NY 12203
  • /41

    $609,000

    • 7 Beds
    • 5 Baths
    • 3,810 Sq Ft

    575 Western Ave, Albany, NY 12203

    This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants also enjoy

    Marshall Morgan Empire Real Estate Firm LLC

    575 Western Ave, Albany, NY 12203
  • /26

    $460,000

    • 5 Beds
    • 3 Baths
    • 3,056 Sq Ft

    481 Western Ave, Albany, NY 12203

    Attention Investors! Beautiful 3 Family home located in desireable neighborhood. On Busline and walking distance to restaurants, bars and grocery store. New roof, freshly painted inside and out, wrap around front porch upgraded with composite decking and new railing system. Gleaming hardwood floors just refinished, wonderful architectural details throughout. Huge backyard! Needs new boiler.

    Mike Brown Kearney Brown Realty

    481 Western Ave, Albany, NY 12203
  • /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
  • /16

    $2,500,000

    • 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
  • /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
  • /18

    $450,000

    • 8 Beds
    • 2 Baths

    45 S Pine Ave, Albany, NY 12208

    NEWLY RENOVATED 4BR UALBANY/SAGE/SAINT ROSE - Newly renovated - 2 units - 4 bedroom, 1 bathroom apartment. This unit features beautiful finishes throughout the apartment. New stainless steel appliances, hardwood floors, and a washer/dryer. Great investment property.

    Linda Chiou GROUP TWENTY SIX NY LLC

    45 S Pine Ave, Albany, NY 12208
  • /12

    $425,000

    • 8 Beds
    • 2 Baths

    497 Yates St, Albany, NY 12208

    497 Yates St is a 2,068 square foot multi-family home on a 2,790 square foot lot with 8 bedrooms and 2 bathrooms.Great investment property.

    Linda Chiou GROUP TWENTY SIX NY LLC

    497 Yates St, Albany, NY 12208

Why Live in Pine Hills

Pine Hills in Albany is a historic neighborhood featuring homes dating back to the early 1900s. The area boasts a variety of architectural styles, including Victorian-era designs, Craftsman bungalows, Spanish-influenced homes, and colonial and ranch-style houses. The neighborhood includes multi-family homes, duplexes, rowhomes, and large single-family residences, typically older two-story houses with three-to-four bedrooms and one-and-a-half baths. Pine Hills has a crime rate comparable to the national average. Ridgefield Park, located centrally, offers baseball diamonds, clay tennis courts, a playground, and a splash pad, while adjacent Woodlawn Park features basketball courts and additional baseball fields. Washington Park, on the neighborhood's east side, is a popular green space with winding pathways, flower gardens, and an amphitheater hosting live performances. The annual Tulip Festival is a significant event here. Madison Avenue and Quail Street are lined with retail shops and restaurants, including popular spots like Cafe Madison and Madison Pour House. The Capital District Transportation Authority provides bus routes connecting Pine Hills to the University of Albany, Downtown Albany, and nearby hospitals. Albany International Airport is about 9 miles away. The Albany City School District serves the area, with Albany High School earning a high rating and offering specialized academies and vocational programs.

Home Trends in Pine Hills, NY

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$400,000
Median Townhouse Sale Price
$299,990
Median 1 Bedroom Sale Price
$234,749
Average Price Per Sq Ft
$210
Number of Homes for Sale
7
Last 12 months Home Sales
67
Months of Supply
1.30
Median List Price
$371,972
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-27%
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