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Pine Hills Multifamily Homes & Duplexes for Sale

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  • /18

    $285,000

    • 6 Beds
    • 2 Baths
    • 2,224 Sq Ft

    563 Morris St, Albany, NY 12208

    Investors looking for your next buy and hold Property! Turn key with long term tenants. Each unit has 3 bedrooms, 1 bath, hardwood floors and porches. Close to everything Albany has to offer, restaurants, night life, shopping, and near all Capital Region Employers

    Brock Forkey Expert Realty Advisors, LLC

    563 Morris St, Albany, NY 12208
  • /84

    $75,000

    • 6 Beds
    • 4 Baths
    • 2,140 Sq Ft

    137 N Pine Ave, Albany, NY 12203

    **HIGHEST AND BEST DUE IN ON MONDAY 9/8/25 BY 9AM***Two Family, up and down, built in 1907 and offers 2140 sq ft, 6 bedrooms and 4 baths, full unfinished basement, public utilities, situated on 0.08 acres and located in Albany CSD.

    Thomas Trevett Trevett Group

    137 N Pine Ave, Albany, NY 12203
  • /25

    $359,900

    • 6 Beds
    • 2 Baths
    • 3,000 Sq Ft

    789 Park Ave, Albany, NY 12208

    Well-maintained two-family home featuring charming open front and rear porches, plus a two-car garage. Each spacious unit offers 3 bedrooms, a large living room, formal dining room, and kitchen with pantry. Beautiful hardwood floors throughout. All appliances included, plus washer & dryer in the basement. Conveniently located within walking distance to Ridgefield Park, Madison Avenue, New

    Elaine Freedman Venture Realty Partners

    789 Park Ave, Albany, NY 12208
  • /16

    $345,000

    • 6 Beds
    • 3 Baths
    • 2,584 Sq Ft

    544 Washington Ave, Albany, NY 12203

    24-hour advance notice for showing requests. Great location - convenient to everything. Close to U-Albany and downtown.- off street secure parking. New roof w/warranty. Newer furnace and hot water tank. Apartments are updated with long term tenants! Please call ahead to coordinate showings

    Michael Pandolfo Miranda Real Estate Group, Inc

    544 Washington Ave, Albany, NY 12203
  • /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
  • /3

    $520,000

    • 7 Beds
    • 4.5 Baths
    • 2,700 Sq Ft

    561 Park Ave, Albany, NY 12208

    4 legal units/5 paved marked parking places/4 gas boilers. Immaculately maintained. Prime location (medical students/residents) Between Alb Med & St. Peter's hospitals. Owner only pays for hot water and basement tenant's heat; all other utilities separate. Beautiful hardwood floors & woodwork. Newer windows. See associated docs for permits, etc. Side & rear entries for some units. No pets in any

    Heather Morra McDonald Real Estate Comp LLC

    561 Park Ave, 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
  • /26

    $420,000

    • 5 Beds
    • 4 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

    $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

    $2,450,000

    • 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
  • /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

    $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

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
$250,000
Median Single Family Sale Price
$250,000
Median Townhouse Sale Price
$160,000
Average Price Per Sq Ft
$149
Number of Homes for Sale
10
Last 12 months Home Sales
38
Months of Supply
3.20
Median List Price
$254,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%
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