Albany City School District, NY Homes for Sale

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Overview of Albany City School District Real Estate

Real estate in the Albany City School District, NY, offers a diverse range of options for families and investors alike. Located within Albany County, this area attracts homebuyers seeking proximity to a vibrant urban environment while still enjoying suburban comfort. The district encompasses various neighborhoods, each with its own unique character, making it an attractive place for both existing residents and newcomers looking to settle down.

Neighborhood Highlights

The neighborhoods within the Albany City School District include a blend of historic homes, modern developments, and multifamily residences. Areas like Pine Hills and the Ten Broeck Triangle boast charming early 20th-century architecture, while places like downtown Albany offer contemporary flats and condos. Families often appreciate the accessibility to parks, recreational facilities, and cultural amenities, enhancing the overall appeal of these neighborhoods.

Market Trends and Property Values

As of late 2023, the real estate market within the Albany City School District continues to show a steady appreciation in property values. The combination of demand from young professionals, families, and university students propels the market forward. Homes generally range from modest single-family residences to more substantial properties, catering to varying budgets. In recent years, the district has seen a surge in renovation projects, with many homeowners upgrading older properties, further increasing their value.

Educational Opportunities

The Albany City School District is renowned for its educational offerings, which play a crucial role in shaping the local real estate market. Families are drawn to the district due to the quality schools, extracurricular activities, and various educational programs available to students. This focus on education contributes to the demand for housing in the area, as parents are increasingly prioritizing proximity to quality schools when choosing their homes.

Future Developments and Community Initiatives

Looking ahead, the Albany City School District is poised for continued growth and development, which will undoubtedly have a positive impact on real estate values. Ongoing investments in infrastructure, community programs, and school upgrades are expected to enhance the appeal of the district. Additionally, local government initiatives aimed at improving public services and facilities are also likely to attract more families and businesses, contributing to a robust real estate market.

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Newest Albany City School District, NY Homes for Sale

$850,000

10 Beds ⋅ 6 Baths ⋅ 202619003 MLS

One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Residential street directly off Lark St, close proximity to State offices, hospitals, univiersties, etc.

201 Jay Street

$330,000

5 Beds ⋅ 4 Baths ⋅ 202618803 MLS

PRICE IMPROVMENT !!...If you want cash flow, this property projects 50K annual rental income. Great Albany location. Close to hospitals, universities, restaurants and entertainment. 4 units with hardwood floors throughout. With two vacant units ideal for owner occupancy. Each unit has its own gas and electric meter, as well as a house meter, individual water heaters for each unit. New kitchen appliances in some units. Start your investment property dreams or add to an existing portfolio. Don't miss out...Schedule a showing today.

802 Myrtle Avenue

$260,000

6 Beds ⋅ 3 Baths ⋅ 202618685 MLS

Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY. This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal. Size: With a spacious layout, each unit features ample living space, bright natural light, and comfortable bedrooms. Location: Situated in a vibrant neighborhood, this property is conveniently located near local amenities, public transportation, parks, and schools, making it ideal for tenants. Potential Income: With strong rental demand in the area, this triplex presents an excellent opportunity for generating income. Parking: The property includes off-street parking for residents, adding to its convenience and appeal. This triplex is not only a fantastic investment opportunity but also a wonderful place to call home. Whether you're looking to occupy one unit and rent out the others or solely use it as an investment property, 313 1st Street is a must-see. Don't miss your chance to own this prime piece of real estate in Albany!

313 1st Street

$334,000

3 Beds ⋅ 3 Baths ⋅ 202618608 MLS

Great opportunity to own this well maintained beautiful historic three-family in Albany. Conveniently located across from Suny Albany downtown campus and walk distance to Washington Park. Original architectural features inside out, private rear porch for each unit. Perfect for owner occupy or investment. Rents are $1350, $1225 and $975.

385 Washington Avenue

$329,000

3 Beds ⋅ 2 Baths ⋅ 202618577 MLS

Mixed use property in the heart of Delaware Avenue Business District. Close to the Spectrum Theater and many restaurants. Store Front occupied by a hair salon (shown by appointment only) Apt 1 vacant (1br), Apt 2 occupied (3BR)

404 Delaware Avenue

$385,000

6 Beds ⋅ 2 Baths ⋅ 202618553 MLS

Great investment or owner-occupant opportunity in Albany! This spacious 2-family home offers a total of 6 bedrooms and 2 full bathrooms, with each unit featuring 3 bedrooms and 1 bath. Conveniently located near colleges, hospitals, shopping, restaurants, bus lines, and major highways. Whether you are looking to add to your rental portfolio or live in one unit while renting the other, this property offers strong potential. Don't miss this opportunity in a desirable Albany location!

149 Homestead Avenue

$99,000

5 Beds ⋅ 2 Baths ⋅ 202618538 MLS

*SHORT SALE* Multi-family property with strong upside potential. Currently configured as two units, featuring a 1-bedroom, 1-bath first-floor apartment and a 2-bedroom, 1-bath second-floor apartment**. The first-floor unit offers the potential to be reconfigured into a 2-bedroom layout, while the basement may provide an opportunity for additional living space or a future apartment, subject to municipal approvals. The property requires substantial renovations, including a new roof, making it an excellent opportunity for investors. Transaction is being professionally negotiated by ARII Solutions, LLC. Buyer shall be responsible for a $7,500 short sale processing fee at closing. Please review the ''Presentation of Offers'' instructions prior to submitting an offer. Property is being sold in its current As-Is condition. Seller and lender approval may be required.

67 Walter Street

$174,999

5 Beds ⋅ 2 Baths ⋅ 202618537 MLS

Attention Investors!! Looking to start or to add to your business portfolio.All showing require pre-approval letter or bank statement before any appointments are confirmed. Property Sold As Is .

300 3rd Street

$475,000

3 Beds ⋅ 3 Baths ⋅ 202618492 MLS

Experience maintenance free living at this beautifully appointed Bryn Mawr residence. Designed with an open floor plan, the home features soaring ceilings and expansive windows that fill the space with natural light. The eat in kitchen offers granite countertops, a large center island and stainless steel appliances, seamlessly opening to the family room with a gas fireplace. Plus, there is a first floor laundry room. The primary suite provides a comfortable retreat with a private bath featuring a double granite vanity, tiled shower and large walk in closet with built ins. The lower level adds additional storage space, while the back deck and 2 car attached garage enhance everyday convenience. Recent updates include dishwasher and microwave (2026), washer and dryer (2025). Ideally located just minutes to area hospitals, restaurants and shops.

4 Bryn Mawr Court

$299,000

6 Beds ⋅ 2 Baths ⋅ 202618468 MLS

This fully occupied duplex in Albany's sought-after Pine Hills, adjacent to Helderberg, boasts mirrored 3BD, 1BA layouts in each unit, providing ample space for tenants. Located a short walk from Albany Medical Center, St. Peter's Hospital, and vibrant New Scotland Avenue, with popular spots like Ale & Oyster and Tipsy Moose nearby, this property is perfect for investors seeking a prime location. Both units MTM, upstairs is rented for $1,550 and downstairs for $1,500.

88 Woodlawn Avenue

$289,900

5 Beds ⋅ 3 Baths ⋅ 202618282 MLS

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 shopping. Take advantage of this hard-to-find great deal!

538 New Scotland Avenue

$175,000

3 Beds ⋅ 2 Baths ⋅ 202618254 MLS

Welcoming all investors to this row home in the heart of Albany. This homes has three bedrooms, 1 1/2 bath, hardwood and title floors and features original woodwork throughout. There is a spacious living room and a dining area in the kitchen. Also featuring a brand new roof as of January 2026 with transferrable warranty! Home was previously rented per room consistently and generating approximately $1500 per month. Conveniently located near colleges, hospitals, restaurants and bus lines. Great opportunity.

452 Hudson Avenue

$230,000

5 Beds ⋅ 3 Baths ⋅ 202618219 MLS

.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.

318 1st Street

$1,025,000

19 Beds ⋅ 12 Baths ⋅ 202618199 MLS

This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

29 2nd Street

$399,900

2 Beds ⋅ 3 Baths ⋅ 202618141 MLS

Prime mixed use opportunity on Madison Ave in the sought after Center Square/Hudson Park neighborhood, just steps from Lark St. This mixed use, commercially zoned property features a versatile first floor commercial space with central air and a commercial kitchen setup, ideal for restaurant, café, retail, office, or other business use. The second and third floors each offer bright and well appointed one bedroom apartments. Located in one of Albany's most walkable neighborhoods, close to restaurants, shops, Washington Park, downtown amenities, and state offices, this property presents an excellent opportunity for investors or owner occupants alike.

418 Madison Avenue

$339,000

4 Beds ⋅ 2 Baths ⋅ 202618114 MLS

This home has 4 bedrooms and 1.5 baths. There is an office/den on the 3rd floor. Gas fireplace, new roof 2026 including garage. New stove, refrigerator and dishwasher. Laminate flooring and new double side door. Garage sold AS IS

17 Winthrop Avenue

$399,000

3 Beds ⋅ 3 Baths ⋅ 202618021 MLS

Recently renovated triplex near Albany Medical Center featuring updated interiors and convenient access to hospitals, major highways, downtown Albany, shopping, dining and public transportation. This well-maintained three-family property offers strong rental appeal for both tenants and investors alike. Each unit features a living room, kitchen, dining room, additional flex space ideal for a family room or den, one bedroom and one full bathroom. Two of the three units are currently occupied on month-to-month leases, while the second-floor unit is vacant and ready for an owner-occupant or new tenant. The property offers modern updates throughout, excellent income potential, and low-maintenance appeal. Whether you are looking to expand your investment portfolio or occupy one unit while generating additional rental income, this versatile multi-family property presents a fantastic opportunity in a highly convenient location.

208 Myrtle Avenue

$175,000

6 Beds ⋅ 2 Baths ⋅ 202617966 MLS

Attention Investors !! Looking to start or to add to your business portfolio. Property Vacant easy to show pre-approval letter require or bank statement before any appointment are confirmed Rops are in place. SOLD AS IS.

257 Elk Street

$225,000

6 Beds ⋅ 2 Baths ⋅ 202617899 MLS

Exceptional up and down 2 family in Albany just minutes from downtown! Unit 1 offers 2 bedrooms and 1 full bath while Unit 2 features 4 bedrooms and 1 full bath. Strong rental income with the 1st floor at $1,300 per month and the 2nd floor at $1,800 per month for a total of $3,100 monthly income. Recently renovated throughout with a brand new ultra efficient heat pump and mini split HVAC system along with newer vinyl windows. Seller financing available with just 20% down. Low taxes of only $2,935 annually. Ideal for owner occupants or investors seeking strong monthly cash flow. Take ownership and start collecting rent immediately. Schedule your private showing today!

88 Elizabeth Street

$169,900

3 Beds ⋅ 2 Baths ⋅ 202617878 MLS

Older but well maintained home. First floor laundry. Good sized bedrooms on 2nd floor. Home walking to local theatre, library, shops, and dining. Affordable and easy to show.

308 Delaware Avenue

$369,000

2 Beds ⋅ 2 Baths ⋅ 202617605 MLS

***OPEN, SAT, AUG 1st 11 AM - 1 PM***Unique 2BR/2BA + den corner unit now available at the acclaimed 17 Chapel St condominium residence located within the heart of downtown Albany's historic business & entertainment district. Superior condition with upgrades throughout which include tasteful crystal chandelier and remodeled primary bath. Luxury maintenance free living at its finest offering a spacious rooftop deck w/grill & unmatched views of the entire city skyline, elevator, recreational facility, heated garage, two extra storage units & plenty more. Other desirable features entail oversized windows, dual Juliet balconies, stone countertops, central-air, SS appliances, maple cabinetry, in-unit W/D, walk-in closets, tile floors & gas fireplace. Newer carpet & paint throughout. Custom kitchen features with island.

17 Chapel Street 302

$399,999

5 Beds ⋅ 2 Baths ⋅ 202617603 MLS

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 and craftsmanship found throughout. Gleaming hardwood floors flow through the living room, dining room, and two additional den spaces -- giving you all the room and flexibility you need. The electric fireplace adds warmth and ambiance, while the updated kitchen and baths bring everything you'd expect from a brand new home. Upstairs, five generously sized bedrooms offer plenty of space for the whole family. Outside, you'll find a spacious backyard and a 2-car garage -- a rare find in the city. The full basement adds even more storage and potential. All of this in an unbeatable Albany location -- minutes from I-90, hospitals, schools, and everything the city has to offer.

979 Washington Avenue

$315,000

6 Beds ⋅ 2 Baths ⋅ 202617587 MLS

Located in Albany's Pine Hills neighborhood, this spacious 6-bedroom, 2 full bath home offers a rare combination of size, location, and opportunity. Just one block from Ridgefield Park and minutes from colleges, hospitals, restaurants, shopping, and downtown Albany. The home features a full unfinished basement with abundant storage space and potential for workshop, gym, studio...use your imagination! Outside, the large backyard provides space for gardening, pets, gatherings, or simply relaxing outdoors. Schedule your showing today and see the potential for yourself!

640 Park Avenue

$79,900

6 Beds ⋅ 2 Baths ⋅ 202617576 MLS

Investor special in Albany! This up-and-down duplex at 402 2nd Street offers a prime value-add opportunity for investors, flippers, or contractors looking for their next rehab project. The property needs extensive renovation throughout, including major interior and exterior updates, but has strong upside potential once restored. Features a traditional duplex layout with separate units, offering future rental income or owner-occupant possibilities. Conveniently located near downtown Albany, schools, parks, and major highways. Bring your vision and tools -- this is a full rehab with serious potential for the right buyer.

402 2nd Street

$79,000

3 Beds ⋅ 1 Baths ⋅ 202617437 MLS

Investor special with endless potential! This 3-bedroom 1 bath single family home features a full basement and attic, offering plenty of space and an excellent opportunity for someone looking to bring their vision to life. Great potential for a fix and flip, or investment property. This property is need of a complete renovation and is being sold as-is. Seller prefers cash and hard money lending only. Interior access available only with an accepted offer and proof of funds. SOLD AS IS.

63 Judson Street

$259,000

6 Beds ⋅ 2 Baths ⋅ 202617519 MLS

Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

10 Hurlbut Street

$675,000

5 Beds ⋅ 4 Baths ⋅ 202617344 MLS

Four Stories of Living Space. First Floor is large open dining/living room with separate eat in kitchen with bay window overlooking the deck and garden. Half bath. Central A/C. Five Ornamental Fireplaces. Parquet and Hardwood Floors, Tall Ceilings, Large Windows, Original Moldings and Medallions throughout. Second and third floors have two bedrooms with full baths and top floor laundry. Bonus study on top floor. Washington Park views from primary bedroom bay window. First floor deck. Small perennial garden. Full garden level one bedroom rental apartment or guest suite. Wine celler.

223 Lancaster Street

$349,900

4 Beds ⋅ 3 Baths ⋅ 202617321 MLS

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. Enjoy charming front porch, updated kitchen, high ceilings and option for a first floor home office/bedroom! Enjoy turn-key condition! This home has been lovingly maintained and cared for by long time owner. Situated on a rare over-sized lot with a two-car garage, this property offers hard-to-find outdoor space in the city. Roof 2-3 years old with 50 year transferrable warranty, boiler 6 years old, bathroom upgrades, fresh paint and beautiful landscaping! Conveniently located just minutes from hospitals, universities, parks, restaurants, and all that New Scotland and Madison Avenue have to offer. A fantastic opportunity to own a substantial home in one of Albany's most established neighborhoods!

446 Yates Street

$104,900

1 Beds ⋅ 1 Baths ⋅ 202617076 MLS

Positioned within a stately circa-1866 brick townhouse in Albany's Historic Pastures neighborhood, this first-floor condominium offers a rare blend of historic character, convenience, and low-maintenance living less than one mile from the New York State Capitol and Empire State Plaza. Recently refreshed, the interior features new paint in a neutral color palette, brand-new carpeting, and a newly installed dishwasher. The spacious floorplan includes an oversized primary bedroom and an expansive combined living and dining area ideal for both everyday living and entertaining. The kitchen offers ample cabinet space and features a pass-through opening overlooking the living and dining area, creating a more open and connected feel throughout the main living spaces. The property also includes two dedicated off-street parking spaces. Surrounded by classic architecture and moments from downtown Albany employers, restaurants, waterfront attractions, and major conveniences, this residence presents an exceptional opportunity to own within one of Albany's most distinctive historic neighborhoods.

38 Westerlo Street # 1

$325,000

7 Beds ⋅ 2 Baths ⋅ 202617063 MLS

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, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.

507 Central Avenue

$539,000

8 Beds ⋅ 4 Baths ⋅ 202616990 MLS

2-Duplexes for sale next door to each other. 2 bedrooms each unit, nice backyard, off street parking, coin laundry on site, tenants are month to month. Need to be sold together 431 and 433. 64.74-2-48 and 64.74-2-49

431-433 W Lawrence Street

$349,900

7 Beds ⋅ 2 Baths ⋅ 202616996 MLS

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.

11 S Dove Street

$290,000

5 Beds ⋅ 3 Baths ⋅ 202616892 MLS

This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants -- ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.

446 2nd Avenue

$499,000

10 Beds ⋅ 3 Baths ⋅ 202616820 MLS

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.

14 W Erie Street

$289,900

4 Beds ⋅ 2 Baths ⋅ 202616557 MLS

Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2 car detached garage, another 5 bay garage with 8 vacant land parcels. The first floor apartment is renovated in the two family but the 2nd floor needs rehab. Both units are occupied with longer term tenants. The first floor pays $750 and the second floor pays $650 and both are month to month. Enjoy plenty of off street parking and a 2 car detached garage. This property is in the middle of Albany revitalization project of upwards of $177 million of brand new 2 family homes being built all around the South end of Albany. Don't miss this unique opportunity to have instant equity in this great project. Rents could be much higher with HUD fair market rents at $1,702 per month for the year of 2026. All data, dimensions and tax map numbers are attached under documents. Properties MUST be sold as a package.

13 Batcher Street

$499,900

3 Beds ⋅ 3 Baths ⋅ 202616489 MLS

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 floor-to-ceiling fireplace flows seamlessly into the dining room (also with fireplace) and stunning kitchen, creating the perfect space for both everyday living and entertaining. The spacious first-floor primary suite boasts abundant closet space and a spa-like, designer-updated bath, while the second level offers two oversized bedrooms, a full bath, and a versatile loft area. The massive basement is nearly 2000sf and is ideal for hobbies or additional storage. Enjoy maintenance-free living with thoughtful upgrades including a whole-house generator, a two-car attached garage (epoxy floor), and two courtyard patios--one privately fenced for added tranquility. Ideally situated on a quiet cul-de-sac in Albany's desirable Buckingham Lake neighborhood, this home is just minutes from highway access and close to shopping, restaurants, hospitals, universities, and downtown. A truly impressive and turnkey property--simply move in and enjoy.

214 Colonial Avenue

$594,000

5 Beds ⋅ 3 Baths ⋅ 202616473 MLS

Unique Tudor style townhouse in Albany's historic Center Square neighborhood! First floor features gracious entry, formal living and dining rooms with original built-ins, updated kitchen with solid surface countertops, and glass garden room that can be used in a variety of ways. 2nd and 3rd floors have 5 spacious bedrooms and 2 full baths. Walk-up attic is great for storage. Mini-splits (A/C & heat) on each floor Multi-tiered deck overlooks perennial garden. Taxes do not reflect a STAR exemption.

140 Chestnut Street

$239,900

4 Beds ⋅ 1 Baths ⋅ 202616312 MLS

Welcome to 68 Bassett Street, Albany! Excellent Opportunity to own a Beautiful, Spacious, Single Family Home in the City of Albany. 4 Bedrooms and 1 Full Bathroom. Open Concept with a Large Kitchen, Dining Room. and Living Room. Many Updates throughout. Close to Downtown, Shopping, Restaurants, Schools, Parks, Amtrak Station, Albany Bus Terminal and more. Check it out today before it's gone!

68 Bassett Street

$175,000

4 Beds ⋅ 2 Baths ⋅ 202616029 MLS

Timeless Charm meets modern potential in this south end home. This is an opportunity to restore a grand 4 bedroom historic home to its former glory blending 19th century design with the investment potential of a rapidly growing neighborhood. Home features interior canvases of the past, is generously proportionate, has high ceilings, original moldings and hidden gems sold as-is.Located on a community focused block in an are that is seeing significant community investment and new developments. Just minutes away from public transit, local parks, schools and vibrant new neighborhood amenities. This property is eligible for historic preservation grants and NYS Tax credits. Historical footprints at this price point are becoming a rarity in Downtown Albany don't let this chance to build equity in a piece of local history pass you by.

3 Osborne Street

$195,000

3 Beds ⋅ 1 Baths ⋅ 202615947 MLS

Well-maintained 3 bedroom bungalow offering open concept living room and dining room. Freshly painted; this home offers an updated kitchen along with hardwood floors throughout. Both furnace and roof approximately two years old. Includes a one-car garage and shared driveway. Cozy home in a convenient, centrally located area close to shopping, dining, and major routes. Offering an excellent value at the price.

30 Austain Avenue

$499,000

7 Beds ⋅ 4 Baths ⋅ 202615912 MLS

Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water tanks. Inside the units have been updated: 3 units offer updated kitchens w/granite. The property also features a 3-car detached garage, offering additional storage or rental income potential. Across from Lincoln Park.

272 Morton Avenue

$329,777

6 Beds ⋅ 3 Baths ⋅ 202615729 MLS

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

52 Park Avenue

$299,900

9 Beds ⋅ 2 Baths ⋅ 202615722 MLS

Don't miss this incredible opportunity in Albany! This fully renovated row house with in law apartment features 9 spacious bedrooms and 2 modern bathrooms, making it perfect for a student rental or a large household looking for plenty of space. Everything is brand new -- updates include: Gas meter & electrical (200 Amp service), Windows, plumbing, and water line, Siding, gutters, and freshly poured concrete sidewalks (front & back), New flooring, paint, tile, and Sheetrock throughout, Beautifully updated kitchen with granite countertops, new cabinets, and modern finishes, New hot water tank for efficiency and reliability. Enjoy the blend of classic Albany character and modern upgrades in this move-in-ready property. With strong rental history currently making $3,000 a month with potential for up to $4,400 per month when fully occupied, and nothing left to update, this home is a fantastic investment opportunity or a comfortable home for a large family

3 Manning Square

$365,000

6 Beds ⋅ 2 Baths ⋅ 202615320 MLS

A rare find in Albany's Pine Hills: Updated two-unit property that works equally well as a primary home with income offset, or a turnkey cash-flowing investment. For the Home Buyer Live in one unit and let your tenant help pay your mortgage. The first-floor unit is rented - that income starts working for you on day one. Your unit has been fully renovated with vinyl plank flooring, a marble-look tiled bathroom with rainfall shower, recessed lighting, in-unit laundry, new windows, and modern finishes throughout. Move in and enjoy -- everything has already been done. Qualifies for FHA owner-occupied financing. For the Investor True turnkey -- no renovation risk, no capital expenditure queue. Both units feature spacious 3-bedroom layouts with the amenity combination renters actually want: off-street parking and in-unit laundry. Existing income in place with room to optimize rents. Projected pro forma cap rate of 10%+. Strong, durable rental demand from UAlbany students, healthcare workers, and state employees keeps vacancy risk low. The Location Pine Hills is one of Albany's most consistently occupied rental submarkets -- walkable, well-connected, and minutes from UAlbany, major healthcare campuses, state offices, dining, and transit. Agent is the Ownerr

683 State Street

$245,000

6 Beds ⋅ 2 Baths ⋅ 202615287 MLS

Classic multifamily offering in desirable area with strong rental history & separate utilities. Two generously sized units with a total of 6 bedrooms and 2 full bathrooms combining original character with practical layouts. Each unit offers large living areas, separate dining rooms, hardwood floors, and spacious bedrooms. Recent updates include renovated kitchens with stainless steel appliances, updated bathrooms, and fresh finishes throughout, while still maintaining the charm and warmth of a classic Albany property. Conveniently located near downtown Albany, hospitals, colleges, bus routes, highways, restaurants, and neighborhood amenities, this property is ideal for owner-occupants looking to offset expenses with rental income or investors seeking a solid multifamily asset in a high-demand rental area. Quail Street sits within Albany's desirable Pine Hills neighborhood, known for its walkability, rental demand, and proximity to local conveniences. A great opportunity to own a classic Albany multifamily with strong upside and long-term value. See P&L.

211 Quail Street

$410,000

7 Beds ⋅ 4 Baths ⋅ 202614849 MLS

Great investment property. Turn key 4 unit. New appliances in all units. Hardwood floors in all units. Off street parking for 3 plus cars. All tenants month to month and paying .

499 Delaware Avenue

$739,900

6 Beds ⋅ 4 Baths ⋅ 202614635 MLS

Welcome to 29 Dove Street, a classic Albany 3-unit residence filled with timeless architectural details and inviting living spaces. From the moment you enter, you'll appreciate the high ceilings, original woodwork, and natural light that give this home its unique charm and character. The layout offers comfortable and flexible living space, with generously sized rooms that can be tailored to your lifestyle--whether you're working from home, entertaining, or simply enjoying a quiet retreat in the city. Original features throughout the home provide a beautiful foundation, while still allowing room to personalize and make it your own. Located just steps from downtown restaurants, parks, and the Capitol area, this home offers the perfect blend of historic charm and modern-day convenience. Enjoy walkable access to some of Albany's best amenities while living in a neighborhood known for its character and appeal. A rare opportunity to own a piece of Albany's history and create a space that truly feels like home.

29 Dove Street

$145,000

3 Beds ⋅ 2 Baths ⋅ 202614609 MLS

This is a short sale, offers require approval from the lender. Property needs considerable repairs and is being sold as-is. This property presents a great opportunity for an experienced investor or contractor. Cash only. 3 large bedrooms and 2 full baths. Fenced-in back yard. Street parking.

57 O Connell Street

$555,000

4 Beds ⋅ 3 Baths ⋅ 202614479 MLS

Spacious Victorian townhome in Albany's Center Square neighborhood is ''turn key''. Tasteful updates and modern amenities blend nicely with the numerous historic architectural details that remain. The large living room, with period crown moldings, beautiful mantle mirror and marble fireplace, opens into a dining area and updated eat-in kitchen. A perfect floor plan for entertaining!! Large 2nd floor bedroom has charming bay window, gas stove and spacious closet. Washer/dryer conveniently located on second floor. Antique lighting fixtures throughout first and second floor!! Newly renovated basement level is currently being used by owners as additional living space but may be easily converted to an income apartment if desired. Beautifully landscaped back yard. New heat/hot water system (Gas Fired - 2 Zone Laars Mascot 95% Combination Boiler/Hot Water Heater). Neighborhood residential parking permit is $20/year. Property tax includes garbage pickup fee for 2 units ($360/year). School tax does not reflect STAR exemption. Below Grade Finished Area (Garden Level) has been added to Above Grade Finished Area For Total Finished Area of 2,712 sq.ft.

165 Lancaster Street

$105,000

2 Beds ⋅ 1 Baths ⋅ 202614447 MLS

Great home with Endless options and incomparable possibilities to change and customize to your own style . The first floor features an inviting living room area with an attached space that offers potential for use as an office. It also includes a spacious kitchen, an additional room currently serving as a bedroom, and a full bathroom. The second floor have two bedrooms. This is a versatile property with significant potential; the basement is partially finished, featuring an open area currently utilized as a family room, along with additional storage space and a functional, partially completed bathroom. Great Opportunity! Schedule a showing now!

12 Quail Street

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