Refine Search
Sort by
$450,000
6 Beds 3 Baths 202622477 MLS
Charming and recently updated triplex offering 2 bedroom apartments in the heart of Albany! Three identical units featuring brand new stainless steel appliances & (3) Navien on-demand hot water tanks. With a bright and inviting atmosphere, these units features large windows, high ceilings, and hardwood floors. The open living space flows seamlessly into the kitchen, offering plenty of room to relax or entertain. Key Features: two spacious bedrooms, recently updated kitchen, high ceilings and hardwood floors, ample natural light, Wifi included, laundry in basement & private back decks. Convenient location near downtown Albany, restaurants, shops, and public transportation These apartments are perfect for anyone looking for a cozy, well-maintained space in a prime location. Don't miss out on this fantastic opportunity. Easy to maintain - even easier to manage! Perfect for owner occupant or investors!

13 Delaware Street

$289,900
8 Beds 2 Baths 202622366 MLS
Opportunity knocks to own a completely renovated two-family in Albany with both units vacant and ready to go. The property has been remodeled from top to bottom and features 4 total bedrooms, 2 full bathrooms, updated kitchens with solid-surface countertops, beautifully tiled baths, brand-new wide-plank flooring, and fresh finishes throughout. Both units are also equipped with mini-split systems providing efficient heating and cooling for year-round comfort. With no existing tenants or leases in place, the new owner has the flexibility to set rents at current market rates from day one. Also a great option for an owner-occupant looking to move right in and use the second unit to help offset their monthly payment. All the work has already been done--bring your tenants or move in and make it yours!

31 Bertha Street

$224,900
8 Beds 2 Baths 202622352 MLS
Welcome to 132 4th Ave, a fully updated brick two-family offering an excellent opportunity for both investors and owner-occupants. Each spacious unit features 4 bedrooms, beautifully updated kitchens and bathrooms, modern finishes throughout, and ductless mini splits for efficient heating and cooling. The first-floor unit is currently rented at $1,880 per month, while the vacant second-floor unit offers immediate occupancy or strong additional income potential with an estimated market rent of approximately $1,880 per month. With 8 total bedrooms, a solid brick exterior, and both units already updated, this property is positioned to generate approximately $3,760 per month in total rental income at market rents. Whether you're looking to expand your investment portfolio or live in one unit while collecting income from the other, this turnkey two-family is ready to go.

132 4th Avenue

$250,000
5 Beds 3 Baths 202622293 MLS
Attention investors! This income-producing opportunity at 97 3rd Ave, Albany, NY comes with paying tenants already in place, providing immediate rental income from day one. ROPs are in place, making this an excellent addition to an investment portfolio. Conveniently located in Albany's South End, the property offers easy access to downtown Albany, the Empire State Plaza, Albany Medical Center, Albany Law School, Albany Capital Center, the Port of Albany, and the Albany-Rensselaer Amtrak Station. Nearby shopping, restaurants, parks, schools, and major roadways including I-787 and the New York State Thruway provide convenient access throughout the Capital Region. Whether you're expanding your rental portfolio or seeking a turnkey investment with established occupancy, this property offers strong potential in a well-connected location. Don't miss the opportunity to own an income-generating property with tenants already in place and convenient access to many of the area's key destinations. Buyers are encouraged to verify all property information and perform their own due diligence.

97 3rd Avenue

$589,000
5 Beds 4 Baths 202622175 MLS
***OPEN SUN, JULY 26th 11AM-1PM*** Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex decking, roof access & more. Easily accessible to Washington Park, Albany Medical Center/St. Peter's Hospital, SUNY Albany, Lark St, downtown state & legislative entities, coffee shops, galleries, nightlife & so many more desirable downtown attractions. Original details still adorned throughout such as high ceilings, oversized windows, tile, fireplaces, stained glass, built ins, woodwork, etc. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of Center Square.

142 Chestnut Street

$599,000
8 Beds 6 Baths 202622021 MLS
Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street

$349,000
7 Beds 2 Baths 202622074 MLS
Excellent opportunity at 114 Spring Street in Albany. This two-family duplex offers 7 total bedrooms, 2 full bathrooms, and 2,352 sq ft of living space, making it a strong option for investors or owner-occupants looking for added flexibility. Each unit provides a functional layout with recently refreshed interior features, including neutral paint, updated lighting, white trim, multiple windows for natural light, and forced-air natural gas heat. The property also features a full basement, public water, and public sewer. Conveniently located near the Central Avenue and Quail Street corridor, with easy access to nearby shopping, dining, Washington Avenue, downtown Albany, local colleges, and major Capital Region destinations. A solid multi-family opportunity in an established Albany location with strong rental appeal.

114 Spring Street

$485,000
4 Beds 3 Baths 202622063 MLS
342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot. The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space. The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

342 Hamilton Street

$389,000
5 Beds 3 Baths 202622050 MLS
Fantastic opportunity to own a well-maintained three-family property in the heart of Albany! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers excellent income potential and flexibility. The first-floor unit is a spacious 3-bedroom apartment that was consistently rented for $1,900/month over the past three years and has just become vacant, making it ideal for an owner-occupant or a new tenant at market rent. The second-floor unit features a comfortable 1-bedroom, 1-bath apartment with a living room and is currently tenant-occupied. The third-floor unit offers a generously sized 1-bedroom apartment with a large living room, oversized bathroom, and the convenience of in-unit laundry. An additional laundry area is available in the basement for tenant use. Outside, you'll find a long driveway leading to the backyard with ample off-street parking--a rare find in the area. Conveniently located near shopping, restaurants, grocery stores, public transportation, schools, parks, and other major amenities, this is an excellent opportunity to own a versatile income-producing property in a prime Albany location. Don't miss this exceptional investment opportunity!

9 Kent Street

$449,000
4 Beds 3 Baths 202621883 MLS
A rare opportunity in Albany's coveted Center Square neighborhood, this beautifully preserved 1871 brownstone seamlessly blends historic character with modern versatility. The main residence offers three bedrooms and one and a half baths, while the garden-level apartment features one bedroom and one full bath. Ideal for rental income, guests, or multigenerational living. Setting this property apart from other brownstones in the neighborhood is the detached one-car garage, providing the rare luxury of secure, year-round off-street parking. Throughout the home, you'll find timeless architectural details including marble fireplaces, graceful curved walls, stained glass accents, and gleaming hardwood floors, each contributing to the home's unmistakable character and historic charm.

396 Hamilton Street

$360,000
3 Beds 3 Baths 202621699 MLS
Located in Albany's high-demand Midtown/Pine Hills neighborhood, this very well-maintained brick 3-unit building offers an exceptional investment opportunity in an area known for its strong rental demand. Apartments feature hardwood floors, generous room sizes, ample closet space, charming kitchens with original built-in cabinetry, and architectural details found throughout, including arched openings, French doors, and bayed windows. Each apartment also offers an additional room ideal for a variety of uses, along with access to a common courtyard for outdoor enjoyment. With large apartments, desirable amenities, and a high-demand location, this is an outstanding addition to any investment portfolio! One washer and dryer shared by the units. *All apartments are occupied. Boiler 2019. New Roof January 2026.

210 Western Avenue

$299,900
6 Beds 2 Baths 202621689 MLS
Opportunity meets versatility at 339 Delaware Avenue, Albany, NY 12209! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of comfortable living, making it an excellent choice for first-time homebuyers seeking room to grow or investors looking for strong rental potential. Extra rental income of $2,750 monthly. Sunlight pours through the large windows, filling the home with warmth, while the inviting sunroom provides the perfect space to relax, work from home, or enjoy your morning coffee. Generous living areas and a flexible layout offer endless possibilities to fit your lifestyle. Located within the highly regarded Albany School District, this home combines space, value, and location. Schedule your private showing today and discover everything this property has to offer!

339 Delaware Avenue

$368,000
3 Beds 3 Baths 202621657 MLS
Located within Albany's historic Mansion District, just steps from the Governor's Mansion and minutes from downtown offices, this well-maintained 3 unit property offers an exceptional investment opportunity in one of the city's most recognizable neighborhoods. Building features include hardwood floors, ceramic tile, stainless steel appliances, newer boiler, new hot water tank, plus each unit has a washer/dryer and a bonus room (office/storage/etc) - amenities tenants appreciate! Just minutes from downtown Albany and close to a neighborhood park, this location adds to the property's strong investment appeal. Well-maintained, well-located, and well-equipped, this is an excellent addition to any investment portfolio! *Pictures show vacant units but all apartments are rented.

175 Eagle Street

$399,000
5 Beds 2 Baths 202621375 MLS
SHOWINGS ARE NOW AVAILABLE ON WEEKENDS. Exceptional opportunity to own a beautifully maintained two-family home situated on a rare double lot! Pride of ownership is evident throughout this well-cared-for property. The first-floor unit features beautiful hardwood floors, original woodwork and trim, 3 bedrooms, a full bath, living room and dining room and washer/dryer hookups in the basement. The second-floor unit, previously owner-occupied, offers an updated kitchen and bath, newer vinyl flooring, and fresh paint throughout. 2 bedrooms, full bath, living room dining room and washer dryer. Enjoy relaxing on the inviting front and back porches. Additional highlights include a spotless, dry basement, a large walk-up attic with plenty of extra storage, and an impressive four-car garage. Conveniently located with easy access to I-787 and the NYS Thruway, making commuting a breeze. Whether you're looking to owner-occupy or expand your investment portfolio, this move-in-ready property is one you won't want to miss!

20 Alden Avenue

$445,000
4 Beds 3 Baths 202621173 MLS
Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character. The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living. The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included. Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods.

339 Hamilton Street

$239,900
6 Beds 2 Baths 202621119 MLS
Well maintained 2 family duplex available for the first time in over 32 years. Each unit offers 3 bedrooms and 1 full bathroom with spacious room sizes and functional layouts throughout. The vacant upper unit features hardwood floors and is move in ready, making it an excellent opportunity for an owner occupant or investor seeking market rent. The enclosed sunroom provides additional living space and could potentially be converted into a fourth bedroom, office, or flex space. The first floor is occupied by a long term tenant of more than 25 years currently paying $1,000 per month, providing immediate rental income. Separate utilities help keep operating expenses down. A private backyard adds to the property's appeal. Conveniently located just minutes from I-90, I-787, downtown Albany, hospitals, colleges, restaurants, shopping, and major employers, offering easy access throughout the Capital Region.

354 Second Avenue

$285,000
9 Beds 3 Baths 202620998 MLS
INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term investment potential. Located in Albany's South End, this property sits directly across the street from ongoing redevelopment activity in a neighborhood seeing continued investment and revitalization. Whether you're looking to owner-occupy or add to your investment portfolio, don't let this MONEY MAKER escape! Schedule your showing today!

123 Clinton Street

$289,900
4 Beds 2 Baths 202620639 MLS
This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street

$484,900
10 Beds 3 Baths 202620596 MLS
Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue

$289,000
2 Beds 2 Baths 202620578 MLS
Exceptional two-family property in the heart of Albany, offering a strong opportunity for both owner-occupants and investors. Located on a quiet, tree-lined one-way street just steps from the vibrant Lark Street district, this property combines neighborhood charm with convenient access to restaurants, cafes, shops, parks, and entertainment. The private fenced backyard provides valuable outdoor space, perfect for relaxing, gardening, or enjoying city living with added privacy. The upper unit features a unique loft-style layout with the bedroom on its own level, creating a desirable separation between living and sleeping areas and giving the space a distinctive multi-level feel. Whether you are looking to live in one unit while generating rental income from the other or expand your investment portfolio, this well-positioned two-family offers location, character, functionality, and income potential in one attractive package.

377 Hamilton Street

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated