Albany, NY Homes for Sale under $500,000

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  /34

  $240,000

  • 3 Beds
  • 1.5 Baths
  • 808 Sq Ft

  32 Dorlyn Rd, Albany, NY 12205

  Finally ! An affordable home in Colonie !! All sparkling and redone to perfection wih new kitchen new bathrooms beautiful hardwood and laminate flooring , all new lighting , a 3 season porch to enjoy the changing seasons ,3 beds 1.5 baths , kitchen w attractive grey tile blacksplash all new cabinets , sink w Glacier Bay spring neck faucet , hardwood floors , all new appliances , big pantry tons

  

  Susan Sommers

  Howard Hanna Capital Inc

  32 Dorlyn Rd, Albany, NY 12205
• Explore Albany

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  /58

  $325,000

  • 7 Beds
  • 2 Baths
  • 2,100 Sq Ft

  507 Central Ave, Albany, NY 12206

  Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas utilities, month-to-month rental flexibility,

  

  Joseph Cardinale

  Howard Hanna Capital Inc

  507 Central Ave, Albany, NY 12206
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  /33

  $399,999

  • 5 Beds
  • 2 Baths
  • 1,675 Sq Ft

  979 Washington Ave, Albany, NY 12206

  This is the one you've been waiting for. A stunning 5-bedroom, 1.5-bathroom center hall colonial that has been completely updated from top to bottom -- all the charm of a 1930s classic with every modern upgrade already done for you. From the moment you walk through the door, the character of this home shines. The grand foyer greets you with beautiful marble steps, setting the tone for the quality

  

  Imran Abdul Qayoom

  Jandali Realty

  979 Washington Ave, Albany, NY 12206
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  /33

  $230,000

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

  318 1st St, Albany, NY 12206

  .Calling all investors! Great opportunity to add to your portfolio Down stairs ( basement) 1 bedroom, 1 bath. Apt 2 -2 story with 1 bedroom on 1st floor and 3 bedrooms upstairs and 2 bathrooms . Separate utilities. Great income potential.

  

  Karen Heath

  Tailored Real Estate Group

  318 1st St, Albany, NY 12206
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  /53

  $349,900

  • 4 Beds
  • 3 Baths
  • 2,344 Sq Ft

  446 Yates St, Albany, NY 12208

  Welcome to this spacious and character-filled home in the heart of Albany's Historic Pine Hills neighborhood! Offering over 2,300 square feet of living space, this property blends timeless charm with incredible versatility. Featuring generously sized rooms, classic architectural details, and a functional layout, there is plenty of space for everyday living, entertaining, or working from home.

  Kevin Clancy Clancy Real Estate

  446 Yates St, Albany, NY 12208
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  /25

  $289,900

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,411 Sq Ft

  22 Fairlawn Ave, Albany, NY 12203

  Beautifully remodeled Craftsman in the heart of Albany! This move-in ready home perfectly blends timeless character with modern updates throughout. The stunning kitchen is the centerpiece of the home, featuring tasteful finishes, stylish cabinetry, and ample space for cooking and gathering. Enjoy entertaining in the formal dining room or relaxing on the charming front porch. Cozy fireplace offers

  Kevin Clancy Clancy Real Estate

  22 Fairlawn Ave, Albany, NY 12203
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  /46

  $499,900

  $35K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 3,057 Sq Ft

  214 Colonial Ave, Albany, NY 12208

  Magnificent and meticulously maintained, this original Buckingham Mews townhouse offers true move-in condition and an exceptional blend of comfort, style, and convenience. Fully renovated throughout, the home features gleaming hardwood floors, beautifully updated kitchen and baths, and a bright, expansive open floor plan designed for modern living. A dramatic two-story living room with a

  Donald Smith KW Platform

  214 Colonial Ave, Albany, NY 12208
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  /32

  $285,000

  • 3 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  142 Osborne Rd, Albany, NY 12205

  Multiple offers. Deadline Tues July 14 at 10 am, Welcome to this charming 3 bedroom, 1.5 bath home, thoughtfully updated to blend modern comfort with everyday practicality. The updated front porch offers curb appeal and spot to relax and have your morning coffer or afternoon iced tea. Hardwood floors in the living room, brand new carpets upstairs and tile in the kitchen offer low maintenance and

  Karen Totino Monticello

  142 Osborne Rd, Albany, NY 12205
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  /48

  $229,900

  • 6 Beds
  • 2 Baths
  • 2,136 Sq Ft

  5 S Dove St, Albany, NY 12202

  Solid Money Making 2 Family, Month-to-Month long term tenants. Separate Utilities Unit One $1190/month Unit 2 $1370/Month $30,720 annual. Close to Major Highways, Parks & Hospitals. Good Condition

  Rosemarie Durant Coldwell Banker Prime Properties

  5 S Dove St, Albany, NY 12202
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  /7

  $200,000

  $35K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,776 Sq Ft

  113 Spring St, Albany, NY 12203

  New Roof 2025. 3 bedrooms. The bedroom in the rear is very large with a private en suite full bath and dressing/mud room with exterior entrance. Laundry closet off kitchen. One car attached garage. lead abatement completed.

  John DiBlasi DiBlasi Real Estate

  113 Spring St, Albany, NY 12203
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  /23

  $289,000

  $20K PRICE DROP

  • 2 Beds
  • 3 Baths
  • 1,836 Sq Ft

  397 Washington Ave, Albany, NY 12206

  Maintained triplex conveniently located from state & legislative gov't institutes, Albany Medical Center & St. Peter's hospitals, Washington Park, SUNY campus, popular eateries, galleries, coffee shops, nightlife & many more favored city attractions. Original details still adorned throughout such as high ceilings, oversized windows, decorative wood moldings, exposed brick, etc. Spacious units.

  Colin McDonald McDonald Real Estate Comp LLC

  397 Washington Ave, Albany, NY 12206
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  /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
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  /31

  $400,000

  $75K PRICE DROP

  • 2 Baths
  • 2,072 Sq Ft

  340 Hamilton St, Albany, NY 12210

  This hip, urban, center square location is a brick, 1920's built, zoned R2C which means it can stay commercial or be used single family or two family residential. Completely rebuilt from the interior with new wiring, and electrical panel, heating and AC updated, concrete footings added, resurfaced facade patio side, extremely private courtyard, new blacktop alleyway, new roof on entire building,

  Marshall Morgan Empire Real Estate Firm LLC

  340 Hamilton St, Albany, NY 12210
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  /17

  $240,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,502 Sq Ft

  54 Glenwood Rd, Albany, NY 12204

  Don't miss this opportunity to own a charming home on a quiet dead-end street in the highly sought-after North Colonie School District! This 2-bedroom home offers comfortable living today with exciting potential for tomorrow. A former first-floor bathroom remains plumbed, making it easy for the next owner to add the convenience and value of a second full bath. Step outside to a generously sized

  Kimberley Willsey eXp Realty

  54 Glenwood Rd, Albany, NY 12204
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  /27

  $219,990

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,274 Sq Ft

  11 Wolfert Ave, Albany, NY 12204

  Opportunity awaits as this affordable charming 3 bedroom Menands home located in a great convenient location with a large fenced in yard hits the market! This home features a cozy living, formal dining room, kitchen with extra bonus area, mud room, back porch, cozy front porch! Check with town but should be able to choose between Menands and North Colonie schools!

  Wayne Newcomb Newcomb Realty Group LLC

  11 Wolfert Ave, Albany, NY 12204
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  /49

  $385,000

  • 3 Beds
  • 2 Baths
  • 993 Sq Ft

  14 Gail Ave, Albany, NY 12205

  This thoughtfully updated 3 bedroom, 2 full bath raised ranch offers 1,665 sq. ft. of living space and sits on a quiet street in a convenient South Colonie neighborhood. The main floor showcases beautiful hardwood floors. The gorgeous kitchen features timeless granite countertops, abundant quality cabinetry, SS appliances, and a generously sized island with ample seating. The open layout flows

  Kellie Kieley Kellie Kieley Realty LLC

  14 Gail Ave, Albany, NY 12205
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  /43

  $289,000

  • 6 Beds
  • 3 Baths
  • 1,880 Sq Ft

  5 West St, Albany, NY 12206

  Welcome to this beautifully renovated,3 unit property im the heart of Albany, roof installed in 2025. Step inside to discover a completely modernized interior boasting contemporary finishes, updated flooring, and a bright, open living space. The sleek, redesigned kitchen is perfect for cooking and entertaining, while the refreshed bathrooms offer a stylish, spa-like feel. Low-maintenance living

  Joshua Abossey NH Capital Realty

  5 West St, Albany, NY 12206
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  /27

  $420,000

  $5K 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
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  /19

  $279,000

  $11K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,448 Sq Ft

  9 Buell St, Albany, NY 12206

  2 bedrooms on the first floor. 2 bedrooms on the second floor. Living room, dining room, kitchen, full bath, full basement. 1 car garage. Lots of off street parking. Private yard. Well maintained. Appliances stay including W/D.

  Patricia Mangini Berkshire Hathaway Home Services Blake

  9 Buell St, Albany, NY 12206
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  /25

  $343,400

  $19K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,305 Sq Ft

  171 Lancaster St, Albany, NY 12210

  Single-family residence in sought after Center Square neighborhood currently rented for $2,300/ month (tenant pays all utilities). 3-story brick townhouse offering 4 bedrooms & 2 baths. Renovated in 2019 w/ modern finishes, on demand heating system, walk-out basement w/ fenced yard & built-in cabinets. Close proximity to local parks & attractions. Top floor could be converted to additional unit.

  John Alund Lincoln House Realty

  171 Lancaster St, Albany, NY 12210
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  /20

  $360,000

  • 3 Beds
  • 3 Baths
  • 2,712 Sq Ft

  210 Western Ave, Albany, NY 12203

  Located in Albany's high-demand Midtown/Pine Hills neighborhood, this very well-maintained brick 3-unit building offers an exceptional investment opportunity in an area known for its strong rental demand. Apartments feature hardwood floors, generous room sizes, ample closet space, charming kitchens with original built-in cabinetry, and architectural details found throughout, including arched

  John DiBlasi DiBlasi Real Estate

  210 Western Ave, Albany, NY 12203
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  /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
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  /27

  $437,000

  $28K PRICE DROP

  • 8 Beds
  • 2 Baths
  • 2,940 Sq Ft

  884 Lancaster St, Albany, NY 12203

  Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is

  Ellen Evans Gendron's Property Management

  884 Lancaster St, Albany, NY 12203
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  /21

  $289,900

  $10K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 1,720 Sq Ft

  538 New Scotland Ave, Albany, NY 12208

  Great Opportunity to convert this mixed-use building into a side-by-side 2 family located on the prime corner of New Scotland and S. Main. Currently set up with offices on the left side and a 2 bedroom/1 bath apartment on the right. With a full basement and separate utilities, it would be an easy conversion making this into cash cow. Walking distance to hospitals, schools, restaurants, and

  Steve Duggan RE/MAX Capital

  538 New Scotland Ave, Albany, NY 12208
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  /18

  $499,000

  $51K PRICE DROP

  • 10 Beds
  • 3 Baths
  • 2,454 Sq Ft

  14 W Erie St, Albany, NY 12208

  Two-family residential property in Albany featuring approximately 2,454 sq ft of above-grade living space per public record. Property includes garage parking and shared driveway access. Property is currently tenant-occupied. Lease information available upon request. Buyer to verify all information including taxes, square footage, leases, and condition.

  Linda Chiou GROUP TWENTY SIX NY LLC

  14 W Erie St, Albany, NY 12208
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  /31

  $368,000

  • 3 Beds
  • 3 Baths
  • 2,160 Sq Ft

  175 Eagle St, Albany, NY 12202

  Located within Albany's historic Mansion District, just steps from the Governor's Mansion and minutes from downtown offices, this well-maintained 3 unit property offers an exceptional investment opportunity in one of the city's most recognizable neighborhoods. Building features include hardwood floors, ceramic tile, stainless steel appliances, newer boiler, new hot water tank, plus each unit has

  John DiBlasi DiBlasi Real Estate

  175 Eagle St, Albany, NY 12202
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  /34

  $369,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  11 Freeman Rd, Albany, NY 12208

  Nestled on a quiet dead-end street in Albany's Buckingham Lake neighborhood, this well-maintained 4-bedroom, 2-bath home blends classic character with thoughtful updates. Features include an updated kitchen with granite countertops, stainless steel appliances, and solid maple cabinetry, plus a first-floor bedroom, dedicated home office with French doors, hardwood floors, custom woodwork, and

  Jonathan Minerick Homecoin.com

  11 Freeman Rd, Albany, NY 12208
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  /68

  $350,000

  • 6 Beds
  • 3 Baths
  • 2,192 Sq Ft

  598 Central Ave, Albany, NY 12206

  Totally Renovated! Great Location, Close to Bus and Downtown Albany. This beautiful home features 5 bedrooms, a full basement, and a walk-up attic with a finished room and full bath—perfect for a growing family. The property is in move-in condition and offers plenty of space for everyone. Enjoy an open front porch and a small deck in the back. The first floor includes a living room, dining room,

  Ramiz Turan KW Platform

  598 Central Ave, Albany, NY 12206
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  /23

  $409,900

  • 10 Beds
  • 3 Baths
  • 3,197 Sq Ft

  472 Hudson Ave, Albany, NY 12203

  Attention investors! Prime rental opportunity in the heart of Albany's thriving student neighborhood. This updated 3-family property features a total of 10 bedrooms, offering an ideal setup for high-demand student housing. generating an impressive $5,200/month in income, this property is a proven cash flow machine. Many recent updates throughout. Located just minutes from area colleges, this is a

  Jonathan Lanahan RE/MAX Solutions

  472 Hudson Ave, Albany, NY 12203
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  /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 NY

  123 Clinton St, Albany, NY 12202
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  /19

  $299,000

  $26K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,160 Sq Ft

  6 Tennessee Ave, Albany, NY 12205

  Welcome to this beautifully maintained home on a quiet street featuring a double buildable lot and plenty of space inside and out. Enjoy a spacious living room, generously sized bedrooms, and a large kitchen complete with a pantry, perfect for everyday living and entertaining. The expansive outdoor space is ideal for gatherings, relaxation, and enjoying the outdoors. Conveniently located close to

  Arpi Balgin Serenity Real Estate Team

  6 Tennessee Ave, Albany, NY 12205
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  /51

  $289,000

  • 3 Beds
  • 2 Baths
  • 1,674 Sq Ft

  139 Woodlawn Ave, Albany, NY 12208

  Behind the classic façade and inviting full-length rocking chair front porch lies a home that seamlessly blends timeless character with tasteful updates. Offering 3 bedrooms plus a versatile 4th flex room, there's space to adapt to your lifestyle, whether you envision a home office, guest room or creative studio. Fresh paint, an updated heating system, and evident pride of ownership through

  Renata Lewis KW Platform

  139 Woodlawn Ave, Albany, NY 12208
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  /39

  $350,000

  • 5 Beds
  • 2 Baths
  • 1,638 Sq Ft

  6 Van Buren St, Albany, NY 12206

  An inviting front porch offers the perfect welcome to this 5BR/2BA home where lasting character and everyday comfort come together beautifully. Rich natural woodwork, gleaming hardwood floors, oversized windows, a graceful staircase, and a handsome brick fireplace speak to an era when craftsmanship was built to last. Natural light fills the living and dining rooms, creating spaces that feel warm

  John DiBlasi DiBlasi Real Estate

  6 Van Buren St, Albany, NY 12206
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  /28

  $300,000

  Pre-Foreclosure

  • 2 Beds
  • 1 Bath
  • 828 Sq Ft

  14 Rapp Rd, Albany, NY 12203

  Home with vacant lot and buffer lot! Bring your vision and imagination to this unique opportunity on Rapp Road. Included in the sale are three separate parcels: the existing 2-bedroom, 1-bath home at 14 Rapp Road, along with the adjacent vacant lots at 16 and 18 Rapp Road. The home offers a solid footprint with tremendous renovation potential and is ready for its next chapter. Whether you're

  Anthony DeRusso-Demeo Vera Cohen Realty, LLC

  14 Rapp Rd, Albany, NY 12203
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  /32

  $475,000

  • 1 Bed
  • 2 Baths
  • 1,721 Sq Ft

  1032 Central Ave, Albany, NY 12205

  Prime mixed-use opportunity on Central Ave with outstanding visibility and access located just 2 minutes from the Everett Rd exit. Currently configured with gleaming professional office space on the first floor and a charming, well-maintained apartment above, this property offers immediate functionality with strong upside for investors or owner-occupants. The flexible layout supports multiple

  Heather Hamlin Martin KW Platform

  1032 Central Ave, Albany, NY 12205
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  /52

  $329,000

  • 4 Beds
  • 4 Baths
  • 5,760 Sq Ft

  427 S Pearl St, Albany, NY 12202

  Opportunity meets character at 427 S Pearl St, a fully remodeled mixed-use building featuring one of Albany's last historic bar spaces paired with two income-producing apartments. The commercial space offers a fully renovated bar/lounge, complete with a stunning custom bar, dining area, kitchen, office, and one ADA-compliant bathroom and one standard bathroom, along with a mop/broom closet.

  Victoria McLaughlin Howard Hanna Capital Inc

  427 S Pearl St, Albany, NY 12202
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  /25

  $349,900

  $35K PRICE DROP

  • 7 Beds
  • 2 Baths
  • 2,454 Sq Ft

  11 S Dove St, Albany, NY 12202

  Income producing duplex in a prime location with immediate cash flow and rental upside features separate utilities and new roof(2023) replacement window, fence yard and spacious units ideal for investors seeking a turnkey asset. OR owner occupants look into offset mortgage cost with rental income minutes from Albany Medical Center, Saint Peter's Hospital, downtown Albany, NYS capitol & Highways.

  Zia Rehman Howard Hanna Capital Inc

  11 S Dove St, Albany, NY 12202
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  /31

  $445,000

  • 4 Beds
  • 3 Baths
  • 2,280 Sq Ft

  339 Hamilton St, Albany, NY 12210

  Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment.This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently

  Stela Koeva Real Broker NY LLC

  339 Hamilton St, Albany, NY 12210
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  /12

  $324,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,603 Sq Ft

  333 Myrtle Ave, Albany, NY 12208

  Fully furnished single-family home available at 333 Myrtle Ave in Albany. This well-maintained property is being offered turnkey with all furnishings negotiated, Strong rental potential given proximity to Albany Medical Center, downtown Albany, local colleges, and major highways. Property has been thoughtfully maintained and offers a functional layout suitable for both short- and mid-term

  Stephanie Taylor-Durenay NAI Platform LLC

  333 Myrtle Ave, Albany, NY 12208
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  /46

  $349,900

  $10K PRICE DROP

  • 6 Beds
  • 2 Baths
  • 2,200 Sq Ft

  Unlisted Address

  Updated and well-maintained 2 family in Woodlawn area of Albany with off street parking and separate utilities. Large backyard with Deck. Great investment or owner occupy. Both units are very spacious with three large bedrooms dining areas and plenty of living space. Call today to schedule your private showing!

  Michael Giuffre Miranda Real Estate Group Inc

  Unlisted Address

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