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Albany, OR Multifamily Homes & Duplexes for Sale

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  • /50

    $595,000

    • 6 Beds
    • 4 Baths
    • 2,352 Sq Ft

    1208 SE 2nd Ave, Albany, OR 97321

    Attention Investors! Check out this new Duplex in Albany, recently finished and never occupied. Each unit features 3 bedrooms and 2 baths and upper unit also has a single car garage. Single level, low maintenance units have laminate flooring throughout, ductless heat pumps, new appliances include range, frig and microwaves and washer dryer hookups and private decks. If your looking for an income

    Amber Locke-Archibald MADE OUT WEST LAND COMPANY, LLC

    1208 SE 2nd Ave, Albany, OR 97321
  • /15

    $420,000

    • 2 Beds
    • 4 Baths
    • 2,080 Sq Ft

    2522 Main St SE, Albany, OR 97322

    Great opportunity to own two homes in one! Main level has living room, half bath, large kitchen with sliding door to an oversized back yard. Garage has laundry hook-ups. The upstairs has a loft or bonus space with a closet that could serve as a second bedroom or extra living room.

    Liz Boisvert EXP REALTY, LLC

    2522 Main St SE, Albany, OR 97322
  • /38

    $375,000

    • 3 Beds
    • 2.5 Baths
    • 1,266 Sq Ft

    3372 Harvard Ave SE, Albany, OR 97322

    Great neighborhood with park down the street and great place for kids and walking and not far from town. Has open floor plan and fully fenced yard with double garage with storage. Cute front porch to decorate year-round. Has easy care floors open kitchen with lots of space and storage. Has half bath down with inside utility. All bedrooms are upstairs all good sized and big windows. Primary has a

    Wendi Melcher HomeSmart Realty Group

    3372 Harvard Ave SE, Albany, OR 97322
  • /31

    $780,000

    • 9 Beds
    • 4.5 Baths
    • 3,440 Sq Ft

    530 34th (-536) Ave SE, Albany, OR 97322

    4 unit property in S Albany. Townhouse style units. One unit is larger with 3 bed/1.5 bath, the other 3 units are 2bed/1bath. All parking located behind the unit. Units have W/D hook ups. 530 was remodeled in the last year, the other units have been within the last 6 years. Roof is 13 years old. Room to grow and a great area to invest or owner occupy!

    Katy Rosecrans SMI REAL ESTATE

    530 34th (-536) Ave SE, Albany, OR 97322
  • /28

    $520,000

    • 6 Beds
    • 2 Baths
    • 2,592 Sq Ft

    2000 Thurston St SE, Albany, OR 97322

    Convenient location with great rental history. Washer & dryer hook ups. Gas forced air heat, vinyl windows. 2000 has a 17+ year tenant. Nice size fenced yards. owner pays water and sewer.

    Doug Burton RE/MAX INTEGRITY ALBANY BRANCH

    2000 Thurston St SE, Albany, OR 97322
  • /32

    $405,000

    • 4 Beds
    • 2 Baths
    • 1,948 Sq Ft

    211 30th Place SE, Albany, OR 97322

    Cul-de-sac location. Nice floorplan with singe garages for ample storage or parking. Nice sized fenced back yards. Forced air heating. Long term tenant at 213.

    Doug Burton RE/MAX INTEGRITY ALBANY BRANCH

    211 30th Place SE, Albany, OR 97322
  • /23

    $620,000

    • 4 Beds
    • 2 Baths
    • 2,104 Sq Ft

    2988 Clearwater Dr NE, Albany, OR 97321

    Beautifully crafted in 2020, this single-level home in Albany offers over 2100 sq ft with 4 bedrooms, 2 bathrooms, and a versatile den/office space. The open floor plan highlights quartz countertops, stainless steel appliances, and a cozy gas fireplace leaving you opportunity for both entertainment and relaxation. With a level back yard ready for your own personal landscaping touch, your

    VANDON HAUGEN Rhettro Real Estate LLC

    2988 Clearwater Dr NE, Albany, OR 97321
  • /32

    $485,000 Open Sun 1PM - 3PM

    • 3 Beds
    • 2.5 Baths
    • 1,830 Sq Ft

    2801 Raleigh Ct SE, Albany, OR 97322

    Great investment or multi-generational living opportunity! This duplex offers a spacious 2 bed/1.5 bath unit with yard and a 1 bed/1 bath unit with large patio. Each side features large bedrooms, inside utility room, eat-in kitchen, and single-car garage. New roof installed June 2025. Unit 2803 has fresh paint, new flooring, light fixtures and updated windows (July 2025). Both units have roomy

    Joyce Stringer STRINGER REAL ESTATE LLC

    2801 Raleigh Ct SE, Albany, OR 97322
  • /25

    $450,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft

    2448 SE Sherman St (2450) St, Albany, OR 97322

    If owner occupied purchase needs only 30 day notice! All the hard work has been done! These 2 bed, 1 bath units have just been updated with new LVP flooring, carpet in bedrooms, kitchen & bath countertops, vinyl windows and interior paint. Ample parking in the driveway, 2 designated space and a 1 car garage with washer/dryer hookups. Set back off the street for some privacy. Owner pays for

    Janel Hoffmann JMG JASON MITCHELL GROUP

    2448 SE Sherman St (2450) St, Albany, OR 97322
  • /10

    $380,000

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft

    3711 Earl Ave NE, Albany, OR 97322

    Ideal Duplex Investment Opportunity – Proven Performance, Prime Location in Albany's Opportunity Zone.This well-maintained duplex is an ideal opportunity for first-time investors or those looking to expand their portfolio. With long-term tenants in place and a consistent 0% vacancy rate for years , this property offers reliable, turn-key income from day one. Each unit features 2 bedrooms and 1

    Michael Jester EXP REALTY, LLC

    3711 Earl Ave NE, Albany, OR 97322
  • /49

    $1,350,000

    • 6,064 Sq Ft

    420 4th (-430 1 2) Ave SW, Albany, OR 97321

    Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. SPECIAL OFFER: One year of complimentary

    Tim Rist DORE

    420 4th (-430 1 2) Ave SW, Albany, OR 97321
  • /42

    $1,950,000

    • 5 Beds
    • 11 Baths
    • 9,039 Sq Ft

    1127 SE 6th Ave, Albany, OR 97321

    Prime Investment: The Station features 11 trendy units, boasting a projected $212,000 in gross income and $166,565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens bathrooms, parking lot, bike storage, onside laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including

    Tim Rist DORE

    1127 SE 6th Ave, Albany, OR 97321
  • /2

    $1,250,000

    253 Scravel Hill (-375) Rd NE, Albany, OR 97322

    Investors Alert - Great property close in with multiple rental streams. Near Albany's UGB. The rents from this property will likely cover your payment. This is a rare opportunity for you to own a versatile property with great income potential. Farm Land Lease, Rentals, Shop Lease. So many possibilities. A 6th unit rents for $1000/month.

    Wendy Knofler EVCOR REAL ESTATE

    253 Scravel Hill (-375) Rd NE, Albany, OR 97322
  • /15

    $695,000 New Construction

    • 6 Beds
    • 6 Baths
    • 3,316 Sq Ft

    441 & 443 Denver St SE, Albany, OR 97321

    New Build Multi-Family Opportunity! Almost completed, just wrapping up the last finishing touches. Don't miss out on this 2-story duplex with 1,658 sqft on each side! Island in kitchen with granite counter tops. 3 bedrooms , primary w/ walk-in-closet, 2 full bathrooms upstairs, powder room downstairs, and single-car garage Just completing construction, so no rent history.

    Aimee MacHugh PREMIERE PROPERTY GROUP, LLC ALBANY

    441 & 443 Denver St SE, Albany, OR 97321

Why Live in Albany

Albany's historic downtown features a beautifully restored 1909 carousel where visitors can watch volunteers hand-carving new animals at the Historic Carousel & Museum. The city preserves its pioneer heritage through four distinct historic districts, showcasing over 700 buildings dating to the 1840s, including the Monteith House Museum, Albany's first framed structure from 1849. Outdoor recreation flourishes at Talking Water Gardens, a unique man-made wetlands park, while Timber Linn Memorial Park offers a lake, walking paths, and sports fields.

The housing market in Albany presents diverse options across eight main neighborhoods. North Albany commands the highest median single family home price at $564,500, while Willamette offers more affordable options with a median price of $332,500. The citywide median sale price stands at $440,000, with townhomes at $386,400 and two bedroom condos at $317,500.

Property taxes in Albany reflect a 0.91% effective rate in Linn County, comparing favorably to nearby Corvallis at 0.98%. Oregon residents benefit from no state sales tax, though they face a 4.75% state income tax rate on yearly salaries of $40,208.

Albany Transit System provides public bus service throughout the city, with Albany Station serving as an Amtrak hub. The culinary scene features notable establishments like Vault 244 and Sybaris. Oak Grove Intermediate School, rated A minus by Niche, serves the North Albany neighborhood. The city hosts significant annual events including the Northwest Art & Air Festival and Veterans Day Parade. Located 70 miles south of Portland and 45 miles north of Eugene, Albany offers convenient access to the Oregon Coast, just 60 miles west.

Home Trends in Albany, OR

Housing Trends

Median Sale Price
$453,500
Median Single Family Sale Price
$459,900
Median 2 Bedroom Sale Price
$257,199
Average Price Per Sq Ft
$278
Number of Homes for Sale
197
Last 12 months Home Sales
861
Months of Supply
2.70
Median List Price
$466,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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