Albany City School District, NY Real Estate Search

Albany City School District, NY Multi-Family Homes for Sale

The Albany City School District in New York presents an enticing opportunity for those seeking multi-family homes for sale, appealing to both investors and families alike. This vibrant area boasts a diverse range of properties, from historic brownstones to modern duplexes, offering ample space and flexible living arrangements. Proximity to the city’s amenities, including parks, dining, and cultural attractions, enhances the appeal of these homes, making them ideal for rental investment or multi-generational living. Additionally, the school district's commitment to quality education adds to the desirability of the neighborhood, making these properties an attractive option for families looking to settle in a thriving community.

Our website features the best real estate search for multi-family homes available in Albany City School District, NY and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Albany City School District, NY Multi-Family Homes for Sale

$550,000
9 Beds 5 Baths 202625663 MLS
A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations.

141 S Allen Street

$399,800
5 Beds 3 Baths 202625187 MLS
49 Hillcrest Ave presents an excellent opportunity in Albany's highly sought-after Eagle Hill neighborhood, conveninently bordering Western Ave.. This one-owner, up/down duplex was constructed in 1983 and offers two distinct living spaces, each with private laundry, outdoor access, and off-street parking. The spacious lower unit spans two floors and over 2000 sq. ft.- with 3 bedrooms and 2 full bathrooms. A modern townhouse-style layout features a wet bar on the lower level, spiral staircase, and separate hallway laundry. The upper unit offers 2 bedrooms and 1 full bathroom, with vaulted ceilings and skylights creating a bright, open living space. A dedicated laundry closet adds everyday convenience. Both units have interior apartment access and direct access to a multi-tiered deck, providing private outdoor space. The property includes a total of four off-street parking spaces. Both units are currently occupied by month-to-month tenants, offering flexibility for future ownership. The location is a major draw--minutes from area hospitals, UAlbany, major Capital District roadways, and directly across Western Ave from the Harriman Campus. The neighborhood is positioned for continued growth with the billion-dollar Wadsworth Laboratory project underway at Harriman. Slated to open in 2030 and projected to employ approximately 800 people, the state-of-the-art facility adds another compelling layer to an already desirable rental location. A well-positioned duplex with flexibility today and strong potential for tomorrow, this property is an excellent value add for the savvy investor and owner/occupy buyer alike! Some photos have been digitally altered for staging purposes. 24 hour showing notice required.

49 Hillcrest Avenue

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