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Rensselaer, NY Multifamily Homes & Duplexes for Sale

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  • 45 2nd Ave, Rensselaer, NY 12144
    45 2nd Ave, Rensselaer, NY 12144
    45 2nd Ave, Rensselaer, NY 12144
    /14

    $159,500

    • 4 Beds
    • 2 Baths
    • 2,004 Sq Ft

    45 2nd Ave, Rensselaer, NY 12144

    Nice 2 family on a dead end street close to the rail station and 10-15 to Albany Airport. Large back yard, 1 car garage in back of the house with parking. Home needs some love, back stairs from 2nd floor apartment need to be built. Entrance to Garage is on Williams st. Sold ''AS-IS''

    Debbie Bucher Wager Howard Hanna Capital Inc

    45 2nd Ave, Rensselaer, NY 12144
  • 8 Spruce St Unit 10, Rensselaer, NY 12144
    8 Spruce St Unit 10, Rensselaer, NY 12144
    8 Spruce St Unit 10, Rensselaer, NY 12144
    /45

    $250,000

    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft

    8 Spruce St Unit 10, Rensselaer, NY 12144

    Don't miss this rare offering—a beautifully maintained, income‑producing two‑family residence just minutes from the Rensselaer train station. Each floor boasts 2 spacious bedrooms and 1 full bath, plus separate utilities for ease of management. A detached garage and off‑street parking provide convenience, while the fully fenced yard and expansive backyard deliver privacy and

    Hassan Khan The People's Real Estate Group

    8 Spruce St Unit 10, Rensselaer, NY 12144
  • 1466 3rd St, Rensselaer, NY 12144
    1466 3rd St, Rensselaer, NY 12144
    1466 3rd St, Rensselaer, NY 12144
    /29

    $325,000

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

    1466 3rd St, Rensselaer, NY 12144

    Extremely rare 2 Fam home with a lg level backyard space, 2 car garage & plenty of off street parking.This 1860 home Immediately greets you with detailed scroll work architectural design, a double door entryway & an intricate stained glass window. Inside you will find large rooms & original custom woodwork throughout. 1st floor unit has Eat in Kitchen with custom kitchen cabinetry. High ceilings,

    John Mooney Howard Hanna Capital Inc

    1466 3rd St, Rensselaer, NY 12144
  • 934 Broadway, Rensselaer, NY 12144
    934 Broadway, Rensselaer, NY 12144
    934 Broadway, Rensselaer, NY 12144
    /16

    $235,000

    • 4 Beds
    • 2 Baths
    • 1,482 Sq Ft

    934 Broadway, Rensselaer, NY 12144

    Welcome to 934 Broadway, Rensselaer, NY—a 4-bedroom, 2-bathroom duplex. This well-maintained, income-producing property offers two units, making it perfect for investors looking to expand their portfolio with immediate cash flow. Both units feature updated flooring, windows, kitchens, and bathrooms, along with recent upgrades to the siding, roof, and heating system.With a tenant in place,

    Mark Vitale Vera Cohen Realty, LLC

    934 Broadway, Rensselaer, NY 12144
New York Rensselaer County Rensselaer

Multi-Family Homes & Duplexes for Sale in Rensselaer, NY

Why Live in Rensselaer

Rensselaer, NY, is a quiet commuter city located across the Hudson River from Albany, offering a more tranquil living environment compared to its bustling neighbors. The city features waterfront row homes and suburban subdivisions, with easy access to hiking and biking trails throughout Rensselaer County. Outdoor activities are a major draw, including the Empire State bike trails and nearby skiing opportunities. Local parks, such as Riverfront Park, provide skyline views and fishing docks. However, the presence of Dunn Landfill at the center of the city is a point of contention among residents due to smells, noise, and pollution issues. The Amtrak station in Rensselaer is a notable feature, providing convenient travel to New York City, although it contributes to noise in the waterfront area. Commuting to Albany is straightforward, with a quick 2-mile drive or bus ride across the Dunn Memorial Bridge, and Troy is 10 miles north via I-787. Dining options near the waterfront include Illusive Restaurant and Bar, Hot Dog Charlie's, and Skyline Diner, while shopping requires a short drive to a nearby shopping center with Walmart and Target. Housing styles vary from waterfront bungalows and row homes to suburban midcentury bungalows, ranches, and larger colonials with spacious yards. The local schools, Van Rensselaer Elementary and Rensselaer Junior/Senior High School, have average ratings, and the University at Albany's Health Sciences Campus is a significant local institution.

Learn more about living in Rensselaer

Home Trends in Rensselaer, NY

On average, homes in Rensselaer, NY sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Rensselaer, NY over the last 12 months is $515,000, up 94% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$515,000
Median Single Family Sale Price
$599,999
Average Price Per Sq Ft
$243
Number of Homes for Sale
4
Last 12 months Home Sales
8
Months of Supply
6.00
Median List Price
$650,000
Median Change From 1st List Price
-5%
Median Home Sale Price YoY Change
94%
How to Buy a Home How to Finance a Home How to Sell a Home

In Rensselaer, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $159,500 to $325,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Rensselaer is $650,000, while the average sale price is $456,750, offering insights into the local housing market. On average, multi-family homes spend 33 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Rensselaer, NY.

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