Saratoga County, NY Real Estate Search

Saratoga County, NY Multi-Family Homes for Sale

Saratoga County, NY, boasts a vibrant real estate market, particularly for multi-family homes, which attract both investors and families looking for residences with rental potential. The area is known for its charming small towns, rich history, and proximity to various recreational activities, making it an appealing location for prospective buyers. Multi-family properties in this region offer an excellent opportunity to generate income while enjoying the area's abundant amenities, including parks, cultural attractions, and access to the beautiful Saratoga Lake. With the county's growing population and strong demand for rental properties, investing in multi-family homes here can be a lucrative endeavor for those looking to diversify their real estate portfolio.

Our website features the best real estate search for multi-family homes available in Saratoga County, 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 Saratoga County, NY Multi-Family Homes for Sale

$775,000
4 Beds 4 Baths 202625313 MLS
Lovely Victorian Home in Downtown Saratoga Springs! In this Quality Home, Relax & settle back in this home for some easy in-town living. This unique property offers exceptional flexibility for investors, short-term rental operators, multi-generational living, or owner-occupants looking to offset expenses while enjoying everything downtown has to offer. Lovely entertaining spaces with open dining/living room w/custom gas fireplace. Sunny bow windows, 2 spa tubs (2 Central AC, 2 Furnaces, 2 Full kitchens & 2 laundries) Brick patio & large wrap around South facing sunny Saratoga Porch as a great party spot. Great alternative to a condo or townhome, with low maintenance and more privacy, and NO HOA or dues. But with the space available to invite guests in to stay comfort in their own private suites. Located just steps from shops, groceries, restaurants, nightlife, and the famed Saratoga Race Course, this home perfectly blends convenience, charm, and lifestyle. An official two-family home, the property is thoughtfully designed with connected living spaces that can function as one single family expansive residence or be separated due to two staircases. With the ability to be configured in up to four different ways, including two first-floor suites ideal for extended family or guests, the possibilities are truly endless. Whether you're seeking a strong income-producing property, a seasonal or long-term rental opportunity, or a home that allows you to live in one section while renting out the other, this Victorian delivers. Three off-street parking spaces add to the ease of downtown living, with additional street parking rarely an issue. Don't miss this rare opportunity to own a one-of-a-kind, dual-income property in one of Saratoga Springs' most desirable locations.

145 Church Street

$374,900
4 Beds 2 Baths 202625161 MLS
Highest and Best Offers due Friday, 9/4 at 8 pm. Turnkey Multi-Family Property on a Rare Double Lot in Ballston Spa! Completely updated and recently remodeled inside and out, this exceptional 2-family home offers 9 total rooms, 4 bedrooms, and 2 full bathrooms overall (2 beds / 1 bath per unit). Perfect for a savvy investor or an owner-occupant looking for immediate cash flow with zero landlord utility overhead. BOTH UNITS FEATURE:Brand-new plumbing lines servicing both the kitchen and bathroom sinks. Separate, dedicated in-unit laundry hookups for maximum tenant convenience. Separate utility meters (tenants pay their own gas and electric!).Updated modern flooring and crisp new molding throughout. UNIT CONFIGURATION:Unit 1 (Downstairs): Fully remodeled with a brand-new kitchen, brand-new bathroom, brand-new doors, and updated hot water baseboard covers. Features an open bedroom layout offering great flexibility for modern wardrobe systems. Unit 2 (Upstairs): Highlights a completely brand-new bathroom, updated doors, and beautifully refinished kitchen cabinets. EXTERIOR & AMENITIES: Storage: Full basement featuring updated and repaired plumbing lines, offering excellent extra storage space. Yard & Setting: Expansive double lot featuring a massive side yard that ends at a scenic natural privacy bluff overlooking Kayaderosseras Creek. Complete with a newly installed privacy fence along the side lot line. Upgrades: Newly constructed side porch, brand-new gutters, a freshly laid gravel driveway, clean crushed stone paths, and fresh landscaping. INVESTOR BONUS :Ideally located within the approved mileage boundaries for local military housing, supporting a strong market rent of $2,000 per month per unit ($4,000 total gross monthly income). Enjoy a quiet village location just minutes from downtown shopping, dining, and Saratoga Springs!

155 Maple Avenue

$724,900
5 Beds 3 Baths 202623980 MLS
Turnkey Two-Family Overlooking Broadway in Saratoga Springs! This historic two-family Saratoga Springs home offers terrific investment potential just steps off renowned Broadway. Built in 1898, it offers timeless Victorian charm and unmatched convenience to all the highlights of Saratoga! Whether you plan to rent short term or long, your tenants will appreciate the proximity to the area's most treasured downtown. Or, live in one unit yourself as these savvy sellers did and let the other unit cover your mortgage! Unit 1, 2nd Floor: 3BR, 2BA, w/ laundry and views of Broadway! Unit 2, 1st Floor: 2BR, 1BA with covered wrap-around porch, rear deck! Fenced backyard offers recreational use and full basement provides storage. This unique property sits just 2 lots from the intersection of Broadway and North Broadway, convenient to Skidmore College and everything downtown, popular for its seemingly unlimited dining options and retail shops. The famed Saratoga Racecourse and nearby Performing Arts Center bring visitors throughout the summer months as well. The property is inside the City of Saratoga Springs and the Saratoga Springs City School District and adjacent to the future Woodlawn Club, a new downtown elite social club, currently under construction. This period home has been lovingly maintained by its proud owners for more than 28 years as their home with occasional rentals. They're hopeful a new owner will continue to preserve this piece of Saratoga's history and take further advantage of its unbeatable location!

17 Van Dam Street

$275,500
6 Beds 2 Baths 202621361 MLS
Sometimes opportunity knocks twice. This amazing property is back on the market at NO fault of its own. Bring your vision to this spacious and character-filled 1819 home, offering nearly 3,000 square feet of opportunity. Owned by the same family for generations, this versatile property is currently configured as a two-family home but has never been used as an income-producing rental. Whether you're looking for an investment property, a multi-generational home, or envision converting it into a spacious single-family residence, the possibilities are plentiful. Large-ticket improvements have been well maintained, including the roof and siding, while modern conveniences such as natural gas, public water and sewer, central air, and first-floor laundry provide everyday comfort. Timeless details include beautiful original woodwork, a warm wood-paneled living room with a gas fireplace, and a stunning 396-square-foot enclosed porch with vaulted ceilings and a gas-fired stove--an inviting space to enjoy throughout the seasons. The second-floor apartment has not been occupied for many years and most recently served as workshop space, offering a blank canvas for its next use. Outside, you'll find a detached two-car garage with an attached workshop, plenty of off-street parking, and a fully fenced, beautifully landscaped yard. While the home is ready for cosmetic updates, its solid condition, historic charm, and flexible layout create an exceptional opportunity to build equity and write the next chapter in the story of this remarkable home.

29 Washington Avenue

$6,500,000
22 Beds 22 Baths 202618874 MLS
Rare opportunity to acquire one of Saratoga Springs' most iconic investment properties with significant value-add potential. In addition to generating strong income from 15 fully occupied apartments, the property may offer condominium conversion potential as well as the opportunity, with town approvals, to develop an additional luxury condo/townhome building of approximately 4,000-6,000 square feet per floor. Pro forma financial information is available upon request for qualified buyers. This stunning Old World brick Victorian mansion has been thoughtfully transformed into 15 exceptional apartments while preserving the timeless character and architectural beauty that make it truly unforgettable. Just 1 block from the Saratoga Race Course and 3 blocks from downtown, this property is a private oasis. A sprawling wraparound porch welcomes visitors. Meandering pathways wind through enchanting perennial gardens, private sitting areas, and a picturesque koi pond frequented by ducks. Residents enjoy raised garden beds for vegetables, herbs, and flowers, creating a rare sense of community and tranquility. Outdoor amenities include patios with pergolas, a rooftop deck, and a charming carriage house. The apartments are every bit as impressive as the grounds. Each residence offers unique charm and character blended with tasteful updates. Spacious floor plans, classic architectural details, and pride of ownership are evident throughout. All 15 units are occupied by long-term tenants in excellent standing, providing stable income from day one. With 35+ off-street parking spaces, residents enjoy a convenience rarely found downtown, while world-class dining, shopping, entertainment, and recreation remain just steps away. Offering a rare combination of historic elegance, exceptional income, an irreplaceable location, and extraordinary future development potential, this is more than an investment property--it's one of Saratoga Springs' most remarkable real estate offerings.

72 Union Avenue

$250,000
6 Beds 4 Baths 202526841 MLS
Investor's Dream or Owner-Occupant Opportunity in the Saratoga Springs School District! This spacious duplex offers 6 bedrooms, 4 full bathrooms across two well-appointed units—perfect for generating rental income or living in one side while your tenants help pay the mortgage. Each unit features a mix of hardwood floors, carpet, and vinyl flooring, providing durability and character. With over 3,000 sqft (approx.), there's plenty of space for large households or strong rental demand. Investors will appreciate the flexible floor plan, and prime location in a top school district—making it highly attractive to long-term renters. Owner-occupants will love the ability to build equity while enjoying the benefits of homeownership with supplemental income. The property sits in a desirable Saratoga Springs area, close to schools, shopping, dining, and major commuter routes. Off-street parking and outdoor space add convenience and value. Whether you're looking to expand your rental portfolio, start house-hacking, or secure a multi-family property, this duplex checks every box. This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. - Photo sheet must be attached with the MLS. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus tax where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. - All offers are subject to OFAC clearance - A viewing release must be signed and returned to our office before showing this property.

1057 NYS Route 9N

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