South Colonie School District, NY Real Estate Search

South Colonie School District, NY Multi-Family Homes for Sale

The South Colonie School District in New York is an appealing area for those interested in multi-family homes, offering a vibrant community and convenient access to essential amenities. Prospective buyers will find a variety of multi-family properties that cater to diverse needs, from well-established duplexes to more modern multi-unit buildings. With its proximity to local parks, shopping centers, and commuter routes, the South Colonie region not only provides a strong rental market but also a family-friendly environment. Investors and homeowners alike can appreciate the potential for rental income while enjoying the benefits of a welcoming neighborhood that emphasizes quality education and community engagement.

Our website features the best real estate search for multi-family homes available in South Colonie 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 South Colonie School District, NY Multi-Family Homes for Sale

$225,000
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
$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
$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
$599,000
6 Beds ⋅ 4 Baths ⋅ 202623879 MLS
Welcome to 1 Dowling Rd, a fantastic two-family property situated on a desirable, tree-lined street in Colonie and located within the South Colonie School District. Set on a spacious corner lot, this property offers a large back and side yard, providing plenty of outdoor space. Each unit features three bedrooms, 1.5 bathrooms, spacious living rooms, and large eat-in kitchens, offering comfortable and functional living spaces. Both units also include recreational space in the basement with egress, providing valuable additional space. Enclosed front porch areas add extra versatility and charm, while expanded driveways for each side offer ample off-street parking. Whether you're an investor seeking a solid income-producing opportunity, looking for a multigenerational living arrangement, or a first-time homebuyer interested in building equity while offsetting expenses, this property offers tremendous potential. Conveniently located near shopping, dining, major roadways, and everyday amenities, 1 Dowling Rd is a property worth exploring.

1 Dowling Road
$435,000
4 Beds ⋅ 2 Baths ⋅ 202623658 MLS
Opportunity knocks for a new owner of this fantastic side by side two family in South Colonie school district. Each unit has two bedrooms and one bathroom each. Separate driveways for both units. Huge backyard. Hard to find duplexes that aren't over 70 years old. Convenient to all shopping.

17 Berwyn Street
$468,500
5 Beds ⋅ 3 Baths ⋅ 202622149 MLS
Two vacant units. Immediate income potential. Flexibility from Day One. This Village of Colonie three-family offers something that can be hard to find in a multi-family property: the opportunity to put your own plan in place from the start. With projected rents of approximately $1,650 for Unit 2 and $1,200 for Unit 3, plus $1,300 in existing monthly rent from Unit 1, the property offers potential gross rental income of approximately $4,150 per month / $49,800 annually.* Units 2 and 3 are vacant and ready for immediate occupancy, giving a new owner the flexibility to choose their own tenants and rental terms, live in one unit while collecting rent from the others, create a multi-generational living arrangement, or establish their own rental strategy without inheriting a fully occupied property. Sellers have also had the property pre-inspected, providing buyers with valuable information upfront, removing some of the guesswork. Unit 1 is a 1st flr 2 BR, 1-bath apartment with a long-term month-to-month tenant and washer/dryer hookups. Unit 2 offers 1 BR, 1 bath, new appliances, an adjoining bonus room ideal for an office, nursery or walk-in closet, plus a new stackable washer and dryer. Upstairs, Unit 3 has been freshly painted and professionally cleaned and offers 2 BRs and 1 bath. Outside, the property sits on a corner lot with paved off-street parking for up to 8 vehicles. Located in the South Colonie SD with Saddlewood Elementary at the end of the street, the property is convenient to shopping, restaurants, Albany Airport, hospitals and major highways. Owner financing may be considered for qualified buyers with 50% down. Whether you're looking for an investment property, a way to offset your own housing costs, or space for a multi-generational living arrangement, 1 Loralee Drive gives you something many multi-family properties don't: the ability to decide what happens next. *Projected rents are estimates only and are not guaranteed.

1 Loralee Drive
$500,000
7 Beds ⋅ 4 Baths ⋅ 202621537 MLS
Whether you're looking for multigenerational living, hoping to offset your mortgage with rental income or searching for an investment property with exceptional income potential, this versatile South Colonie property has so much to offer. Located in the South Colonie School District with low Colonie taxes, this rare three-family home offers flexibility that's hard to find. The spacious owner's unit features 3 bedrooms and 1.5 bathrooms, while the additional apartments include a 2-bedroom unit and a 1-bedroom unit. There's also a flex bedroom that could easily be incorporated into any of the units for additional living space or rental value. The large, partially finished garden-level basement offers exciting potential for additional finished living space or the possibility of creating a future fourth unit (subject to any required approvals and permits). Outside, you'll find a massive, private backyard with a patio that's perfect for relaxing, entertaining or giving tenants plenty of outdoor space to enjoy. Parking and storage are a breeze with both an attached one-car garage and a detached one-car garage. The detached garage has both electricity and water run to it. Conveniently located with easy access to a major bus route, shopping, restaurants and everyday amenities, this property combines location, flexibility and long-term value. Whether you're planning to live in one unit while generating income from the others or expanding your investment portfolio, this is a property packed with possibilities. *Photos limited for tenant privacy.*

2187 Central Avenue
$374,000
4 Beds ⋅ 2 Baths ⋅ 202620507 MLS
A Rare Find in South Colonie -- Income-Producing Duplex with Long-Term Stability. Meet your next smart investment at 162 Consaul Road. This well-kept duplex in South Colonie School District comes with something money can't buy -- a dependable, long-term tenant already in place on the first floor, with over 20 years of continuous occupancy. Day one cash flow, zero guesswork. Month to month lease in place. The first-floor unit is a proven performer, and the second floor presents a prime opportunity -- whether you choose to owner-occupy and let your tenant help pay the mortgage, or lease it out and maximize your return on both units. Each unit offers two bedrooms, a full bathroom, in-unit laundry, and a bonus room & walk-out basement in unit 1. Out back, a private deck overlooks a generous yard, giving residents an outdoor retreat that sets this property apart from the typical rental.

162 Consaul Road
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