Albany County, NY Real Estate | Albany County, NY Multi-Family Homes for Sale

3 Beds ⋅ 2 Baths ⋅ 202625818 MLS

Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.

4 Homestead Avenue

$290,000

6 Beds ⋅ 2 Baths ⋅ 202625812 MLS

Excellent opportunity to own a well maintained up and down two family property, ideal for an owner occupant or investor. Each spacious unit features 3 bedrooms, a full bathroom, hardwood floors, a generous kitchen and the convenience of in-unit washer and dryer. The well cared for interiors offer bright, comfortable living spaces throughout. Additional features include back porches, lots of off street parking and a lovely, flat backyard with an abundance of green space with plenty of possibilities for outdoor enjoyment. With one unit currently vacant, this is an ideal opportunity to move right in while generating rental income from the other unit. Updates include hot water tanks (2021 & 2016). Conveniently located close to area shopping, restaurants, everyday amenities and public transportation.

505 Saratoga Street

$459,900

5 Beds ⋅ 3 Baths ⋅ 202625807 MLS

Prime Village of Colonie Location! How often does an investment opportunity come with a freshly renovated place to call your own? This versatile two-unit property offers five bedrooms, three bathrooms, and 2,460 square feet, creating an appealing option for owner-occupants, investors, or buyers envisioning a future return to SINGLE FAMILY living The renovated owner's unit brings welcome polish, while a new roof and updated mechanicals tackle the less glamorous--but very important--parts of ownership. A four-season room extends everyday living, and the flexible configuration lets the property adapt as plans change. Outside, the large fenced yard supplies room for gardening, recreation, or shared outdoor enjoyment. A one-car garage adds valuable covered parking and storage, because bicycles, tools, and snow shovels all seem to multiply when nobody is looking. The Colonie setting rounds out the package with access to local schools and convenient access to everyday destinations. Colonie Center and Wolf Road Shoppers Park keep shopping and dining close, while The Crossings Park of Colonie and William K. Sanford Town Library offer easy outlets for trails, programs, and downtime. The neighborhood feels established and connected without sacrificing practical convenience. Positioned at a compelling price point for its size, flexibility, and upgrades, this no-smoking property makes room for both immediate utility and long-range vision.

27 Delafield Drive

$280,000

6 Beds ⋅ 2 Baths ⋅ 202625737 MLS

Solid Brick 2-Family in Albany's Delaware Neighborhood! Don't miss this excellent opportunity to add a well-maintained two-family property to your rental portfolio. Situated on a quiet residential street, this solid brick home features a brand-new roof and spacious apartments with hardwood flooring throughout. The first-floor unit is currently vacant, offering flexibility for an owner-occupant or an investor looking to establish their own rental income. Both units feature separate utilities, with laundry available in the basement. Street parking is available. Agent is part owner. For first showing, only vacant unit is being shown, offers can be written on walk through of both units. The layouts are exactly the same and there is a 3D tour available.

29 Bertha Street

$314,900

6 Beds ⋅ 2 Baths ⋅ 202625736 MLS

Well-maintained two-family home on a corner lot in a desirable and convenient Albany location. Each unit offers three bedrooms, one full bathroom, an updated kitchen, beautiful original woodwork, and coffered ceilings. The first floor is tenant-occupied with separate utilities, while the second floor will be delivered vacant--making this a great opportunity for an owner-occupant or investor. Outside, you'll find a fenced-in front yard, a welcoming front porch, and a good-sized backyard. What's not to love?

264 Manning Boulevard

$1,199,900

16 Beds ⋅ 8 Baths ⋅ 202625727 MLS

Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!

97-99 Homestead

$339,900

5 Beds ⋅ 3 Baths ⋅ 202625726 MLS

Charming late-1800s colonial offering three distinct units--perfect for owner-occupants, investors, or multi-generational living. This standout property blends historic character with modern functionality on a beautifully maintained .95-acre lot. The main 3-bedroom residence features spacious rooms, classic architectural details, a full attic, and full basement, with the ability to open the main side for an exceptional owner-occupied layout. A second-floor 1-bedroom unit is accessed by a unique spiral staircase, adding personality and privacy. The side 1-bedroom apartment includes its own private entrance plus two bonus rooms above, offering flexible space for storage, office use, or creative expansion. Outdoor amenities elevate this property even further: a screened-in gazebo, storage shed, and a heated 3-car garage with individual door openers and storage above. Additional features include oil heat and public water/sewer. A rare opportunity to own a versatile multi-unit colonial with income potential, historic charm, and exceptional property features. Close to all amenities, public highways and Hudson River waterfront. 20 minutes to Albany and 15 minutes to Coxsackie.

110 Main Street

$189,900

6 Beds ⋅ 2 Baths ⋅ 202625709 MLS

This two-family property offers excellent potential for investors or owner-occupants looking to generate rental income while building equity. Conveniently located near downtown Albany and close to State Offices and government, with easy access to shopping, restaurants, schools, public transportation, and major roadways. With two separate units and strong rental potential, this property is a solid addition to any investment portfolio. Bring your vision and take advantage of the opportunity to own income-producing real estate in the Capital District.

239 Colonie Street

$260,000

6 Beds ⋅ 2 Baths ⋅ 202625701 MLS

Solid Brick 2 Family in the Heart of Albany - both floors currently rented - all separate utilities - 2 Brand new On Demand Heating / Hot Water Systems - nice backyard great for barbeques.

625 Clinton Avenue

$249,900

4 Beds ⋅ 2 Baths ⋅ 202625699 MLS

Investors, take notice! Great opportunity to own a vacant two-family home situated on a corner lot in a strong Albany rental area. Off-street parking and a two-car garage add valuable convenience and income potential. The property is ready for your vision, renovation, and sweat equity. With the right improvements, this home has excellent potential to shine again and maximize rental income. Bring your ideas and turn this value-add property into a rewarding addition to your investment portfolio! 3D tour attached. Showings start Saturday 9/12.

39 W Erie Street

$250,000

6 Beds ⋅ 2 Baths ⋅ 202625698 MLS

OPEN HOUSE SUNDAY, 10:00 AM-12:00 PM! Turnkey, income-producing two-family offered at $250,000 with six total bedrooms and $2,900 per month in combined gross rental income. Unit 1 currently rents for $1,400 per month, while Unit 2 rents for $1,500. Both units are tenant occupied on month-to-month agreements, offering flexibility for future ownership plans subject to applicable notice requirements and legal requirements. Both units have been updated, providing comfortable living spaces with limited near-term improvement needs. The front portion of the roof was recently updated, while the rear portion is approximately three to four years old. Additional features include a private driveway and basement storage. An attractive opportunity for investors looking to expand their portfolio or enter the Albany multifamily market with an already-operating rental property. Rent information and available property documentation may be requested from the listing agent. Owner occupancy may be possible in the future, subject to existing tenancy and applicable requirements. Outside of the open house, showings are by confirmed appointment only. Please do not disturb tenants. Buyer to verify rental income, tenancy terms, expenses, property information and permitted use.

4 Wilkins Avenue

$649,900

7 Beds ⋅ 7 Baths ⋅ 202625684 MLS

Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.

156 S Swan Street

$145,000

4 Beds ⋅ 2 Baths ⋅ 202625664 MLS

Beautiful property.

287 1st Street

$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

$325,000

6 Beds ⋅ 4 Baths ⋅ 202625600 MLS

Rare opportunity in the highly sought-after Voorheesville School District! This one-of-a-kind multifamily offers two spacious units, each featuring 3 bedrooms and 2 full bathrooms--a hard-to-find layout with 6 bedrooms and 4 full baths total. Both apartments offer generous living space with a living room, formal dining room, large bedrooms, hardwood and newer flooring, fresh paint, charming archways, and plenty of character throughout. Each unit also features washer/dryer hookups. Updates have been completed while maintaining the home's original charm. An added bonus is the incredible off-street parking for up to 10 vehicles! Conveniently located close to Voorheesville Center, shopping, dining, rail trail and everyday amenities. Whether you're an investor or looking for an owner-occupied property with additional rental income potential, this is a rare find you won't want to miss!

1 S Main Street

$199,999

6 Beds ⋅ 2 Baths ⋅ 202625592 MLS

Attention Investors !! Looking to start or add to your business porfolio this is a must see. Pre-approval letter or proof of funding before any appointments are confirmed 48 hrs notice . .

312 Third Street

$425,000

6 Beds ⋅ 4 Baths ⋅ 202625591 MLS

Attention Investors !! Looking to start or add to your business portfolio, This is must see. Separate utilities. Long term tenants,All showing or required pre-approval letter or proof of funding before any appointment is comfirmed. 48hrs notice. Rops in place. Sold as is. More photos coming soon.

288-290 Yates Street

$329,000

5 Beds ⋅ 2 Baths ⋅ 202625545 MLS

UPPER WASHINGTON, One of Albany's most desirable areas. Two family properties rarely come for sale in Upper Washington. This home is fully vacant, updated, and made suitable for a new buyer. Front decorated flowery pathway will Welcome you to explore the rest inside. New appliances, gleaming hardwood and shiny tiled with some quality vinyl flooring and flooded with natural light make it a great home to be in. 1st FL has 3 BR, 1 bath, kitchen. 2nd FL contains 2BR, 1 Bath, Living with Dining area. An amazing bedroom in the attic will accommodate additional guests. Make it your primary or rental income property. Easily rentable for $3400/month total.

860 Washington Avenue

$399,000

9 Beds ⋅ 3 Baths ⋅ 202625522 MLS

This Solid Brick Three Unit includes in the price, 536 N Pearl that the house sits on, 538 N Pearl, and 540 N Pearl vacant lots. 538 & 540 N Pearl are zoned Two Family Residential. As for 536 N Pearl it features Three apartments that were originally remodeled by an owner occupied which makes for some unique details of tiles work throughout and unit one featuring a garden tub and coffered livingroom ceiling. Brings in just over $50k/year in annual income.

536-540 N Pearl Street

$425,000

4 Beds ⋅ 3 Baths ⋅ 202625510 MLS

This two-unit townhome, designed by renowned architect Albert W Fuller, is conveniently located opposite Washington Park. Updates/Improvements include: 2018 ~ new 200 amp electric service (no knob and tube in use), all but 3 windows replaced with Anderson windows, mini splits added, 2020 ~ back yard patio installed, rear fence moved to create two parking spots, 2023 ~ plumbing updates to water heater and boiler, 2024/2025 new roof on all sections.

69 S Lake Avenue

$350,000

9 Beds ⋅ 3 Baths ⋅ 202625457 MLS

Investor opportunity in the heart of Albany! Welcome to 73 Clinton Street, a spacious three-unit multifamily property offering approximately 3,300 square feet of living space in a convenient South End location. The property is situated on a corner lot and is being sold together with the adjacent vacant lot at 71 Clinton Street. Just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, dining, entertainment, shopping, public transportation and major highways, this location offers convenient access to everything the city has to offer. With three separate units and the added value of the adjacent lot, this property presents a unique opportunity for an investor looking to expand their portfolio or an owner-occupant seeking rental income. A rare opportunity to own a substantial multifamily property with additional land in a prime Albany location!

73 Clinton Street

$187,000

5 Beds ⋅ 2 Baths ⋅ 202625412 MLS

Income-Producing Albany Duplex with Recent Updates! Excellent opportunity to own a well-maintained two-family property in Albany. The property features a spacious 3-bedroom, 1-bathroom first-floor apartment and a 2-bedroom, 1-bathroom second-floor apartment. Both apartments have been recently renovated and feature durable vinyl flooring and refreshed interiors. Each unit is currently occupied by a month-to-month tenant paying $1,200 per month. Don't miss the opportunity to add this affordable two-family property to your portfolio! Must provide 48 hour notice, tenants to provide access.

258 1st Street

$659,900

6 Beds ⋅ 3 Baths ⋅ 202625400 MLS

RARE GUILDERLAND OPPORTUNITY -- 4-BEDROOM HOME + ATTACHED 2-BEDROOM APARTMENT ON 1.63 ACRES! Guilderland School District. This move-in ready property offers over 3,000 square feet of updated living space, featuring a spacious 4-bedroom, 2-full-bath main residence PLUS an attached 2-bedroom, 1-full-bath in-law apartment with its own entrance and separate utilities. Whether you're looking for multi-generational living, guest accommodations, additional space for extended family, or flexibility for future use, this property offers possibilities that are hard to find. Inside the main home, the expansive upstairs primary suite offers exceptional privacy with two spacious rooms, a walk-in closet, and a full bathroom. The updated kitchen is designed for gathering, featuring quartz countertops, abundant storage, and an oversized pantry/laundry room. A secondary living room adds character and charm with a beautiful bluestone 1910 decorative fireplace mantel from Troy, NY, creating a distinctive focal point and a connection to the area's history. The basement offers additional flexible space for a home office, recreation room, gym, workshop, or playroom. Set on 1.63 acres, the property is an exceptional setting with the Pine Bush Preserve bordering one side and DiCaprio Park directly behind. A sidewalk from the property leads right to the park, providing easy access to outdoor recreation. A 2,400-square-foot metal pole barn is tucked away on the property, providing an incredible amount of space for large-scale hobbies, equipment, storage, workshop use, or other permitted uses. The stamped concrete patio is ready for entertaining and features a built-in fireplace. Major updates include a new roof in '25 and new driveway in '26.

3400-3402 E Lydius Street

$175,000

6 Beds ⋅ 2 Baths ⋅ 202625224 MLS

Large two family in convenient Albany location. 3 bdrms both units with large living room and dining area. Fenced rear yard. Close to night life and all amenities. Some TLC will be needed to bring this to its full potential. This property is eligible under First Look Initiative. Owner occupant offers will be responded to after 7 days on the market, however all offers can be submitted during First Look Period.

67 Lark 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

$369,900

8 Beds ⋅ 2 Baths ⋅ 202625156 MLS

Great income-producing two-family property in a convenient desirable Washington Avenue location! Conveniently located near Albany High School, major national chains, public transportation, with easy access to the University at Albany. The updated first-floor unit offers an excellent opportunity for an owner or investor, while the second-floor unit is currently rented for $2,000/month to a reliable, great-paying tenant. With the vacant first floor, make it owner occupied or a solid income potential projected for $4,000/month in total rental income.

545 Washington Avenue

$624,900

10 Beds ⋅ 10 Baths ⋅ 202625152 MLS

This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue

$309,000

5 Beds ⋅ 3 Baths ⋅ 202625092 MLS

Calling all investors and owner-occupants! Welcome to 80 Hudson Ave, a multifamily property located in the heart of Green Island, NY, offering a great opportunity to add to your portfolio or live in one unit while generating rental income from the others. Investors take notice-- this property offers an exciting opportunity to build your investment portfolio and generate cash flow. The 1st-floor apartment features 2 bedrooms, an updated full bath, living room, formal dining room, kitchen and dedicated laundry room, currently rented for $1,300/month. The 2nd-floor unit, currently rented for $1,400/month, offers 2 bedrooms, 1 full bath, wide-plank wood floors, abundant natural light and washer/dryer hookups on the back porch. Step outside to a spacious deck overlooking the fenced backyard. The 3rd unit is set up for owner occupy. An additional unfinished room on the 1st floor is separate from the apartment and offers great potential for future storage, a home office or additional usable space. Location is key! Conveniently situated in Green Island with easy access to Downtown Troy, Albany, major highways, shopping, dining and everyday conveniences. Property is being sold as-is. Whether you're looking for your next investment property or an owner-occupied multifamily, 80 Hudson Ave offers income potential, flexibility and opportunity!

80 Hudson Avenue

$230,000

4 Beds ⋅ 2 Baths ⋅ 202625044 MLS

Welcome to 450 Bradford St, a well maintained two-family property offering a great opportunity for investors or owner-occupants. Both units feature functional living space. Currently tenant occupied, the property provides existing rental income. A solid addition to any investment portfolio.

450 Bradford Street

$184,900

4 Beds ⋅ 2 Baths ⋅ 202625021 MLS

This two-family property offers excellent potential for investors or owner-occupants looking to generate rental income while building equity. Conveniently located near downtown Albany and close to the Warehouse District, with easy access to shopping, restaurants, schools, public transportation, and major roadways. With two separate units and strong rental potential, this property is a solid addition to any investment portfolio. Bring your vision and take advantage of the opportunity to own income-producing real estate in the Capital District.

26 Albany Street

$449,900

4 Beds ⋅ 2 Baths ⋅ 202624922 MLS

Great investment or owner-occupancy opportunity in desirable Colonie location! This well-maintained duplex offers a great combination of location and income potential. Each unit features 2 bedrooms, 1 full bath, kitchen, and living room, all conveniently situated on one level, with hardwood floors. Newer Pella vinyl replacement windows and a BRAND-NEW roof w/ warranty. Separate utilities for each unit, a clean asphalt driveway extending to the rear of the home, and asphalt walking paths along the side. Additional off-street parking is available in front with a convenient paved parking area. A standout feature is the large 2-car garage, offering an excellent opportunity for additional rental income--a rare feature in Colonie. Both units are currently rented at below market rents, providing a significant opportunity for a new owner to increase rental income and maximize the property's potential. Conveniently located with easy access to major highways, shopping, restaurants, and everyday amenities. Whether looking to add to your investment portfolio or owner-occupy while generating rental income, this property offers strong potential.

54 McNutt Avenue

$299,500

6 Beds ⋅ 3 Baths ⋅ 202624914 MLS

GREAT INVESTMENT opportunity in the heart of Albany! This versatile three unit property features two upper level 1-bedroom, 1-bathroom spaces and a spacious 1st floor unit with 3 bedrooms which includes, 1-bath and a 4th room which could be an office or used as a 4th bedroom. There are two updated basement entrances. There is a coin-operated washing maching for convenience, as well. Property is located near schools, colleges, shopping and churches. The basement offers additional potential for income-producing space or any creative expansion. Bathroom in basement. Two newer water heaters.

16 Benson Street

$324,900

4 Beds ⋅ 2 Baths ⋅ 202624911 MLS

Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!

473 Washington Avenue

$499,000

4 Beds ⋅ 3 Baths ⋅ 202624856 MLS

Unique & charming opportunity awaits to own this two-story duplex four-bay-wide 1850's brick row house with double porches of wooden lattice work. Walkable to the Lark St corridor, Washington Park, Albany Medical Center, downtown state & legislative buildings, Albany Law, SUNY, coffee shops, brewery's, galleries, boutiques, shopping, nightlife, restaurants & so much more. Rare very spacious 1,300 + SQFT units which have been recently remodeled. All plumbing & electrical replaced in 2009. On-site laundry room and fenced in yard. Currently a strong producing income property with the potential for more along with separate utilities make for an attractive investment in the heart of the Center Square/Hudson Park neighborhood. Some photos contain virtual staging

347 Hudson Avenue

$249,900

6 Beds ⋅ 2 Baths ⋅ 202624678 MLS

Incredible turn-key income opportunity in a prime Albany location! This classic two-family multi-unit property features two spacious, fully updated apartments with strong rental history and exceptional cash-flow potential. Ideally positioned along Washington Ave with direct access to local transit, UAlbany, St. Peter's Health, downtown state offices, and vibrant local dining. Perfect for an investor looking to expand their portfolio or an owner-occupant looking to let a tenant pay down the mortgage. Off-street options, low-maintenance exterior, and separate utilities make this an effortless addition to your real estate portfolio. Schedule your private showing today!

762 Clinton Avenue

$529,000

4 Beds ⋅ 4 Baths ⋅ 202624599 MLS

Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street

$539,000

4 Beds ⋅ 4 Baths ⋅ 202624598 MLS

Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including soaring cathedral ceilings, original fireplaces, crown molding, mantels, hardwood floors throughout, stained glass windows and much more, highlighting the home's historic character. The property offers separate utilities for added ease. Conveniently located in the Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

221 Lancaster Street

$149,900

4 Beds ⋅ 2 Baths ⋅ 202624568 MLS

Nice affordable 2 family located in convenient location features large living rooms, large kitchens, separate utilities, back decks! Great for investment or owner occupied!

15 Sherman Street

$375,000

8 Beds ⋅ 5 Baths ⋅ 202624530 MLS

Excellent opportunity to own a solid three family property in a convenient Albany location. This well maintained building features long term tenants, a strong rental history, and a solid investment profile. Each unit offers comfortable living space, while the basement includes coin operated laundry for added convenience and additional income potential. Conveniently located near shopping, dining, transportation, and major roadways. A great opportunity for an investor looking to extend their portfolio

145 Ontario Street

$399,000

6 Beds ⋅ 2 Baths ⋅ 202624508 MLS

16 Harris is a large two-family home located in the Helderberg Neighborhood off of New Scotland Avenue. Walkable to Albany Med, and several restaurants. Each unit has 3 bedrooms, 1 bathroom, and has been renovated within the last 5 years. There are new kitchens, new bathrooms, and refinished hardwood flooring. There are separate washer and dryers in the basement, a driveway and a 2 car garage.

16 Harris Avenue

$225,000

6 Beds ⋅ 2 Baths ⋅ 202624490 MLS

Perfect for owner-occupants and investors alike, this beautifully renovated duplex offers strong income potential of up to $2,867 per month. Situated on a quiet street in Albany's South End, the property features updated interiors and a brand-new roof, providing peace of mind and excellent value. A great opportunity to live in one unit while generating rental income, or add a turnkey property to your investment portfolio. The upstairs unit is currently rented for $1,417/month, while the downstairs unit has been intentionally left vacant, offering the perfect opportunity for an owner-occupant to move right in or an investor to secure a new tenant at market rate.

44 Osborne Street

$415,000

5 Beds ⋅ 2 Baths ⋅ 202624375 MLS

Well-maintained, rare two-family home in a fantastic location offering spacious units, great storage, and separate utilities. The first-floor unit features 2 bedrooms, while the second-floor unit offers 3 bedrooms plus a dedicated office. Both units showcase hardwood floors, large walk-in pantries, and their own washer and dryer conveniently located on the first floor. Additional storage is plentiful with a walk-up attic and full basement. Separate utilities make this an ideal opportunity for an owner-occupant or investor. Roof is approximately 8 years old, and windows were replaced in 2007. A great opportunity in a highly desirable location!

27 Euclid Avenue

$369,900

7 Beds ⋅ 5 Baths ⋅ 202624358 MLS

Located in Albany's historic Ten Broeck Triangle, this distinctive three-unit property offers a rare opportunity to own and restore a piece of Albany's architectural history, while creating the potential for rental income to help offset the cost of homeownership. Featuring seven bedrooms and five baths, the home offers exceptional flexibility for an owner-occupant or investor. The expansive two-level upper unit features a spacious primary bedroom with remarkable views of the Albany skyline, including the Empire State Plaza and The Egg. A detached two-story carriage house/garage provides valuable off-street parking and additional potential, including possible future accessory dwelling use, subject to zoning and municipal approvals. A unique opportunity combining history, income potential, impressive views, generous space, and an exceptional location.

28 1st Street

$795,000

9 Beds ⋅ 6 Baths ⋅ 202624324 MLS

Excellent 6-Unit Investment Opportunity in Albany's Pine Hills! Well-positioned multifamily property in the desirable Pine Hills neighborhood. Strong rental potential with convenient access to restaurants, shopping, public transportation, colleges, and downtown Albany. An excellent opportunity for investors looking to add a multifamily asset to their portfolio. Property offers multiple income-producing units and potential for future value appreciation. Updated units, all new plumbing and electrical. Total yearly income $74,950.00 (full detailed sheet available).It can sold as a package with 77 S. Allen (3 units) and 328 Western Ave (10 units).

299 Quail Street

$1,499,900

10 Beds ⋅ 10 Baths ⋅ 202624326 MLS

RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue

$349,900

5 Beds ⋅ 2 Baths ⋅ 202624306 MLS

ATTENTION INVESTORS, INCOME PRODUCING, WELL MAINTAINED 5-bedroom, 2 Bath with 2800+ Sq ft. Sec 8 tenants paying market rents Open House Sunday (12-2pm) 8/23/2026 Both units feature their own living room, dining room, and enclosed front porch, while the 2nd fl includes an alcove, spacious primary bedroom with a walk-in closet. The home has been freshly painted and features new flooring throughout. The first floor provides a potential 4th bedroom or bonus room while still maintaining separate living and dining spaces. A clean, dry basement with washer/dryer hookups adds convenience and more storage and the backyard is also fenced in. This is a great opportunity for an investor looking for an established rental that's already generating income. Add it to your portfolio and start collecting from day one--schedule your showing today!

1 N Manning Boulevard

$199,999

6 Beds ⋅ 2 Baths ⋅ 202624223 MLS

Attention Investors !! Looking to start or add to your business portfolio this is a must see once completed no power on please bring flashlight Sold as is.

212 2nd Avenue

$225,000

4 Beds ⋅ 2 Baths ⋅ 202624212 MLS

Newer roof, windows, hot water heaters, boiler(2nd flr), furnace(first flr). Conveniently located on busline, walking distance to pharmacy, grocery stores, restaurant, coffee shop, schools. Family owned for over 60 years.

804 19th Street

$295,000

3 Beds ⋅ 2 Baths ⋅ 202624207 MLS

Always rented two family home in a quiet neighborhood just off of Whitehall. Great home for an owner occupant or an investor looking to add to their portfolio. This property is surrounded by single family homes. First floor is a recently updated two bedroom flat. Beautiful kitchen with newer cabinets, countertops, stainless steel appliances and ceramic tile flooring. Gleaming hardwood floors with a good sized primary bedroom and a washer and dryer in the unit. Upstairs is quaint one bedroom unit with living room, kitchen and washer/dryer. Off street parking. Fenced in back yard. One car detached garage that is being sold ''as-is.'' Can be packaged with 677 Washington Ave.

1 Mariette Place

$235,000

6 Beds ⋅ 2 Baths ⋅ 202624159 MLS

Well-maintained two-family property offering a fantastic opportunity for investors or those looking to expand their portfolio! Featuring beautiful hardwood floors throughout both units, this property combines charm with solid investment potential. The upper unit is currently rented $1500 on a one-year lease, providing immediate rental income. Enjoy reasonable pricing, low taxes, and the potential to add a strong income-producing property to your portfolio. Don't miss this opportunity!

385 Orange Street

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