Albany, NY Homes for Sale under $200,000

MULTIPLE OFFERS - PLEASE SUBMIT BEST & FINAL OFFERS BY SATURDAY at 6:00pm. HUGE POTENTIAL ON MADISON AVE - BRING THIS HISTORIC GEM BACK TO LIFE! Calling all seasoned investors and contractors! This is your chance to breathe new life into a classic Albany triplex situated in a prime Madison Avenue location. While this property requires a comprehensive renovation due to significant water damage

Kathy Johnson Monticello

This small cottage is now Vacant and free of tenants. It Was rented for $1450.00 Per month. Easy to show!

Erin Roth Realty One Group Key

Solid 2 bedroom 1 bath brick ranch with an attached garage and a small, manageable backyard in a super convenient Albany location. This property offers strong bones and great layout, but it does need updates, giving buyers the chance to build instant equity. Ideal for anyone willing to put in some work and customize to their taste. Prime location close to shopping, major routes, schools, and

Kelly Sharifipour Darby Real Estate of New York Inc

Back on Market .Cash Flowing income property featuring two units, each with separate utilities .Includes a fenced Yard ,and a basement for storage . Close to Highway and convention center. Property sold as is Cash only.

Qiu Qin Zheng Gilcrest Properties

Fully Vacant and renovated low-priced multi-family home. Quiet area near easy access to downtown and highway. Fenced backyard provides you great privacy for family entertainment or gardening. Excellent rental history. Great for new starter homeowner/investor. Live in one and rent another to pay your mortgage. Total rent could be above $2,600/month.MORE PICTURES COMING

Faruque Ahmed Fave Realty Inc

Turnkey investment with upside! This 1,880 sqft duplex features two generous three-bedroom units, each with a formal living room, dining room, and laundry hookups. Fully occupied and separately metered to minimize expenses, it offers cash flow potential from day one. Recent updates include newer appliances, sewer line and front deck replacement (2025). The first floor tenant is month-to-month,

Kyle Wall Rooted Property Group LLC

Three bedrooms One Bath ranch with wood floors throughout full basement, off street parking, Long standing tenant, month to month lease. Close to everything Albany has to offer, restaurants, night life, shopping, and near all Capital Region Employers.

Brock Forkey Expert Realty Advisors, LLC

SOLD AS-IS — Bring Your Best Offer!Spacious 3BD/1.5BA single-family home on quiet Bradford St. Prime walkable location just steps from Washington Park, the Central Ave commercial corridor, and a bus stop only 4 minutes away. Interior features include low-maintenance vinyl flooring and a dedicated laundry room. This property offers strong potential as a value-add opportunity for investors or

Samantha Curry New Scotland Realty

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. - This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7

Kelly Sharifipour Darby Real Estate of New York Inc

Single-family home offering 4 bedrooms and 2 full bathrooms, located within the Guilderland Central School District. The property is being sold as-is and requires renovation and repairs. Suitable for buyers seeking a project property or investment opportunity.Interior Features• Four bedrooms• Two full bathrooms• Existing floor plan with potential for modification• Basement for

Angela Gonyo Wolf River Real Estate, LLC

Historical 2-bedroom, 1.5-bath with 2 bonus rooms and a office in Albany's historic district. This spacious property features original moldings, high ceilings, classic wood floors, and newly installed ceramic tile. Just needs cosmetic updates to shine! Nestled on a friendly block near parks, schools. downtown, and public transit. Eligible for historic preservation grants and NYS tax credits

Ann Millinghaus KW Platform

Discover the potential in this duplex on a quiet street just minutes from Albany Medical Center, with long-term tenants already in place. The property offers strong upside potential as rents are currently below market. Featuring separate utilities and some updated mechanicals, it's ideal for investors or owner-occupants looking to add value. A great opportunity to own a conveniently located,

Philip Wagner Wagner Real Estate Group

Enjoy classic Albany charm and modern convenience in this inviting one bedroom condo overlooking Washington Park. Located in the heart of the city, this residence offers bright living space with picturesque park views and timeless architectural character. 8th floor provides immaculate sunset views throughout the city. The kitchen features modern updates with stylish cabinetry, contemporary

Ryan Mortka Realty One Group Key

Turnkey two-family property with two 2-bedroom apartments, both vacant and rent-ready. Ideal for investors or owner-occupants seeking immediate rental income. Each unit features abundance of natural light, hardwood floors, and back porches. The laundry hookup in basement is currently not in use. Slate roof with wood exterior. The walkup attic provides plenty of storage. Separate utilities. Close

Rosemarie Durant Coldwell Banker Prime Properties

Welcome to this beautifully renovated home in the heart of Albany! Step inside to discover gleaming new floors that flow seamlessly throughout, creating a warm and inviting atmosphere. The modern kitchen has been completely remodeled with stylish cabinetry, quartz countertops, and updated appliances, perfect for everyday living and entertaining. Both bathrooms have been thoughtfully redesigned

Binglin Li KW Platform

Welcome to 79 Broad St, perfectly located in the heart of downtown Albany. The exterior was freshly painted and the roof was serviced in the summer of 2025, giving the property a solid start. Inside could use some cosmetic updates, but it offers great potential for someone looking to make it their own.You'll be just minutes from the Capitol, Empire State Plaza, Albany Medical Center, popular

Alexandria Sifontes CapMark Realty LLC

Spacious 4-bed, 2-bath, 2,036 sq ft property in a prime walkable Albany location — perfect for investors seeking strong upside. Featuring an open floor plan, tall ceilings, and large windows, this home is ideal for a rental conversion, BRRRR strategy, or resale project. The area's consistent tenant demand and proximity to downtown, shops, and transit make this a high-return opportunity. With the

Saad Tai Real Broker NY LLC

Welcome Home! This New York City loft-style condo offers 16' ceilings, oversized 11' windows that illuminate the space with natural light along with the original hardwood floors from when the building was a school house. The spacious bedroom overlooks the open living area blending historic character with a modern edge. Recent updates include a brand new central heating/cooling system and water

Jada Lewis Hunt ERA

Investors' money maker. Great sounds foundation works already done. New Windows and Brand new main sewerage line done. Bring your contractors and complete the rest. Great investment for rental or resale. Property sold AS-IS and CASH only.

Faruque Ahmed Fave Realty Inc

Attention investors and savvy buyers! Opportunity knocks with this 2/3 bedroom, 1 bath home in the sought after South Colonie School District. Featuring 1,127SF of living space, an enclosed front porch, full unfinished basement, and storage shed, all on a manageable 0.13-acre lot. Prime Colonie location close to shopping, schools, and major routes. Property needs work and will not qualify for

Kelly Sharifipour Darby Real Estate of New York Inc

Attention Investors and Visionary Buyers! Discover the immense upside potential of this spacious 5-bedroom, 1.5-bath home with separate living room, dining room, and full eat-in kitchen. Situated on a generous lot with off-street parking and a large backyard, this home is a prime candidate for a high-yield rental, a strategic flip, or a ''sweat equity'' project for an owner-occupant.The home

Luke Khachadourian KW Platform

Welcome to 175 Broad Street, located just off 2nd Ave! Currently setup as a rental with the main portion of the house - first & second floor currently generating $1,100 (3bd/1ba) and an additional studio (in-law) unit in the basement generating $500 per month. This 2-story home boasts many recent updates, including a newer gas furnace, circuit breakers, a modern hot water system, a recently

Trent Tibbitts Tibbitts & Co Realty