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

$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
$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
$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
$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
$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
$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
$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
$499,000
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
$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
$189,000
4 Beds ⋅ 2 Baths ⋅ 202614449 MLS
Great Investment Opportunity! This 4 bedroom, 2 bath is centric and perfectly located in a quiet street near to malls, stores and more. This well maintained, already rented and producing income property is a ideal investment to add to your portfolio, or to occupy one unit while living in another. Schedule a showing now!

796 Livingston Avenue
$435,000
5 Beds ⋅ 4 Baths ⋅ 202614240 MLS
Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany. With its classic architecture, tree-lined streets, and walkable lifestyle, Center Square consistently attracts strong rental demand from professionals, students, and long-term tenants alike. Currently configured as four separate living spaces, the property is legally zoned for three units. The upstairs unit has been thoughtfully divided into two distinct apartments, delivering immediate owner occupancy or additional income potential. One of these upstairs spaces is non-conforming, but the City of Albany's recent declaration of a housing crisis and its streamlined ADU (Accessory Dwelling Unit) approval process open a possible path for the new owner to legalize the second upstairs unit and maximize returns. Whether you're expanding your portfolio or making Center Square your home while generating income, this property delivers location, income, and upside potential in one of Albany's most desirable historic districts.

138 Lancaster Street
$774,900
8 Beds ⋅ 8 Baths ⋅ 202614058 MLS
Fully renovated 8-unit income-producing apartment building located in Albany's Historic Ten Broeck Triangle with all separate utilities! Each unit has its own Navien high efficiency on-demand hot water tank. Gorgeous original details, crown moldings, full floor mirrors, hardwood floors, soaring ceilings & MORE! Building consists of 7 1 bedroom/ 1 bath and 1 studio apartments. Solid surface countertops, wood cabinets, & marble fireplaces. Don't miss out on this incredible opportunity to add this turnkey, low maintenance asset to your portfolio!

81 Ten Broeck Street
$509,900
9 Beds ⋅ 7 Baths ⋅ 202613988 MLS
Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

865 Madison Avenue
$269,900
3 Beds ⋅ 3 Baths ⋅ 202613903 MLS
Looking for your next project? Look no further! Investor special with strong upside potential! This spacious brick triplex offers a fantastic opportunity for renovation and value creation. Featuring high ceilings, original architectural details, and multiple fireplaces, the home has solid bones and plenty of character ready to be brought back to life. Natural light flows throughout, and the property includes classic elements such as original trim work and exposed brick, offering the perfect canvas for a modern restoration. The property is in need of some renovation and is being sold as-is making it ideal for investors, contractors, or buyers looking to customize a property to their vision. Conveniently located near local amenities, transportation, and neighborhood conveniences. Bring your ideas and unlock this property's full potential! Seller is open to subject to or seller financing. Ask listing agent for details.

247 Quail Street
$248,900
6 Beds ⋅ 3 Baths ⋅ 202613321 MLS
Investor Opportunity or owner-occupant Dream! Don't miss this income-generating duplex on Elk Street in one of Albany's most convenient locations. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income, this property offers flexibility and strong potential. Key Highlights: 2nd Unit- Updated bathrooms, kitchen, flooring and new painting last year. Basement- new floor tiles and new paint. High rental demand area. Located just minutes from University at Albany, SUNY, Albany Medical Center, shopping and restaurants.

408 Elk Street
$274,900
5 Beds ⋅ 2 Baths ⋅ 202613146 MLS
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, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

511 Morris Street
$599,000
2 Beds ⋅ 5 Baths ⋅ 202612819 MLS
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

204 Lancaster Street
$289,000
2 Beds ⋅ 3 Baths ⋅ 202612684 MLS
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. Outdoor space perfect for entertaining during the warmer season.

397 Washington Avenue
$437,000
8 Beds ⋅ 2 Baths ⋅ 202612518 MLS
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 rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.

884-886 Lancaster Street
$199,999
2 Beds ⋅ 1 Baths ⋅ 202612292 MLS
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.

497 Washington Avenue
$149,999
6 Beds ⋅ 2 Baths ⋅ 202611678 MLS
Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!

281 Sherman Street
$1,800,000
24 Beds ⋅ 13 Baths ⋅ 202611652 MLS
Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.

811 Madison Avenue
$100,000
5 Beds ⋅ 2 Baths ⋅ 202611475 MLS
Investor opportunity in Albany's West Hill neighborhood. This 5-bedroom, 2-bath duplex was built in 1888 and offers approximately 2,776 sq ft of living space on a 0.07-acre lot. The property provides strong potential for renovation and income production in an established urban location close to downtown Albany, major employment centers, and transportation. Property is being sold at auction.

290 3rd Street
$525,000
3 Beds ⋅ 2 Baths ⋅ 202610983 MLS
Presenting a rare chance to acquire two interconnected single-family homes, both under the same ownership and sold exclusively as a pair. Both units are 3 bedroom, 1.5 baths, with a den. Perfect for investors or those in need of extra living space. This property provides the advantages of rental income along with the option for personal use. Seize this exceptional opportunity today! Sold as is. 17 Lawnridge: Currently leased at $2,000/month,

17 Lawnridge Avenue 17 & 19
$424,900
6 Beds ⋅ 3 Baths ⋅ 202529068 MLS
Completely turn-key investment opportunity in sought-after Center Square! This triplex has been updated throughout and features a brand new roof. The numbers work for an investment property or owner-occupy and have the tenants cover much of the mortgage! Basement unit is 1 BR, 1st floor unit is 2 BR's and 2nd/3rd floor unit is 3 BR's. Each unit features 1 full bath and all living areas and bedrooms have ceiling fans. Numerous updates throughout including flooring, kitchens & baths, and many newer windows. Brand new rear deck and stairs. 1st & 2nd Fl water heaters & refrigerators within last 2 years. All appliances stay including washer/dryer in 2 of the 3 units. Easy to maintain property in desirable and walkable Center Square!

350 Madison Avenue
$375,000
12 Beds ⋅ 2 Baths ⋅ 202528827 MLS
Prime SRO Investment Opportunity Discover 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 proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.

145 Quail Street
$280,000
4 Beds ⋅ 2 Baths ⋅ 202527066 MLS
2 family -a perfect opportunity to owner occupy or invest!. Home features NEW laminate floors, New Roof, NEW paint with NEW stainless steel appliances. Add this investment property to your portfolio before its too late!

118 N Allen Street
$649,900
5 Beds ⋅ 5 Baths ⋅ 202523509 MLS
Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street
$399,000
6 Beds ⋅ 3 Baths ⋅ 202415547 MLS
Three family and Two lots available on New Scotland Ave near Albany Medical Center and Washington Park. Next to the hospital's billion dollar expansion, the new YMCA, CVS, Baldini's, Chipotle, Starbuck's and Panera. Residential or commercial opportunity or both. 365 new apartment across the street at premium rents. Off street parking. Unique opportunity.

4 New Scotland Avenue
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