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1216 1st Street, Rensselaer
$279,900
6 Beds ⋅ 3 Baths ⋅ 202627365 MLS
Whether you're looking to grow your investment portfolio or make a smart move into homeownership, this spacious Rensselaer triplex offers flexibility and income potential with projected annual gross rents of $27,600. Investors can take advantage of 3 generously sized apartments each with their own storage room and individually metered utilities. And owner-occupants have an especially appealing option with a 2nd-floor apartment that is available for immediate occupancy so you can just move in and let the cash flowing rental income offset your mortgage and monthly expenses while you build equity in a property of your own. Location adds even more appeal: downtown Albany is just a quick 10-minute commute, shopping and dining in North Greenbush are approximately 8 minutes away, and the Rensselaer Amtrak station--with service to NYC and beyond--is only about 5 minutes from your door. Don't miss this affordable opportunity to live, invest, or do both! 24 hour notice for showings and schedule is limited. Ask for available times.

1216 1st Street, Rensselaer

1015 Washington Avenue, Rensselaer
$265,000
4 Beds ⋅ 2 Baths ⋅ 202627281 MLS
Extensively renovated and restored since its purchase in 2019, this unique Rensselaer duplex offers two well-maintained apartments while retaining original character, including beautifully refinished hardwood floors. The first floor is currently configured as a 2BR/1BA with a dedicated laundry room, while the second floor is configured as a 1BR/1BA with its own dedicated laundry in the basement. Both units include private, lockable basement storage. Additional features include a large covered front porch, large backyard, and ample off-street parking. Set back from Washington Avenue along a private drive near Hampton Manor, the property offers a distinctive residential setting with a neighborhood feel. Public records reflect 4BR/2BA. The current 3-bedroom apartment configuration reflects ownership's chosen use of the property rather than the full configuration reflected in public records. The basement contains two pre-existing rooms currently utilized as dedicated tenant storage, as well as additional unfinished space with a previously functional water supply line. The basement also has supplemental heat with multiple thermostats/zones and a dedicated house meter. These existing features may provide flexibility for a future owner to evaluate alternative configurations and uses. Current rents have been intentionally maintained below market in recognition of exceptional long-term tenants. Priced accordingly, this is a strong opportunity for an investor seeking an improved property with existing tenancy and significant room for income growth. Seller is a licensed New York State real estate broker.

1015 Washington Avenue, Rensselaer

1809 4th Street, Rensselaer
$225,000
3 Beds ⋅ 2 Baths ⋅ 202627280 MLS
Affordable, consistently rented duplex offering a 2BR/1BA first-floor apartment and 1BR/1BA second-floor apartment. The first-floor apartment features a mix of updated vinyl and classic wood flooring, along with large windows providing great natural light. The second-floor apartment offers one bedroom plus a versatile bonus room and enclosed back porch, and has been home to an exceptional long-term tenant. The full basement offers both interior and exterior access for easy maintenance and storage, with dedicated washer/dryer hookups for each apartment. Outside, the property offers a great backyard with plenty of usable outdoor space and ample on-street parking. Price reflects current below-market rents maintained for long-term tenants. Seller is a licensed New York State real estate broker. Can be packaged with 1015 Washington Ave Rensselaer.

1809 4th Street, Rensselaer

24 Dubuque Street, Rensselaer
$288,900
4 Beds ⋅ 2 Baths ⋅ 202625507 MLS
Turn-key Rensselaer duplex offering an excellent opportunity for investors or owner occupants, with INCREDIBLE views of the Albany skyline! Situated on a corner lot with a wider road providing convenient street parking, this well-maintained property features 2 updated units with separate utilities. First floor unit is currently occupied with a new 12-month lease in place at $1500/month, while the fully renovated second-floor unit is vacant and ready for immediate occupancy or rental. Both units have been thoughtfully renovated with modern finishes, updated plumbing and electrical, and durable improvements throughout. The property has also been well maintained with newer mechanicals, strong insulation, and soundproofing between floors for added comfort and efficiency. The main roof is less than 10 years old, the chimney was rebuilt and repointed, and both porches have been upgraded with low-maintenance, weather-resistant materials. With separate utilities, a leased first-floor unit, and a completely renovated second-floor unit ready to generate additional income, this property offers flexibility for investors, owner-occupants, or those looking to expand their rental portfolio. Potential rental income of $3,000+/month! Enjoy the unbeatable Albany skyline views while being conveniently located in Rensselaer with easy access to Albany and surrounding areas. Seller is motivated--bring your offers! *Second floor bathroom vanity mirror will be replaced soon. A refrigerator will also be provided, or the seller will offer a $500 credit toward the purchase of a new refrigerator for that unit.

24 Dubuque Street, Rensselaer

8 Harrison Avenue, Rensselaer
$205,000
2 Beds ⋅ 2 Baths ⋅ 202624818 MLS
This fantastic completely renovated brick two-family home offers convenience, comfort, and investment potential. Looking for that vacant 2 family investment that is all new inside? This is IT and YOU can choose your own tenants! The first-floor unit features a spacious one-bedroom layout with washer & dryer hookups, while the second floor boasts one bedrooms + office/den/nursery + also has laundry area w/ brand new stackable washer & dryer Perfect for multi-generational living or rental income. Completely remodeled: new flooring, lighting, interior freshly painted, all new windows and doors & much more. Recent Updates Include: Modern kitchens and baths, stylish flooring throughout. Off-street parking for two vehicles. Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package. Estimated $1,250-$1,350 per flat for rents. Separate utilities.

8 Harrison Avenue, Rensselaer

57 Washington Avenue, Rensselaer
$285,000
3 Beds ⋅ 3 Baths ⋅ 202616634 MLS
Multiple offers received. Best and final offers due by Tuesday, May 12th at 8:00 PM. This well-maintained two-family home offers a spacious layout with excellent income potential. The main apartment functions like a standalone residence, featuring a large, open main floor with a living room, full bath, kitchen, and sunroom. The space is filled with abundant natural light and vaulted ceilings. Upstairs, there are two large bedrooms, while the partially finished basement provides ample room for additional living, recreation, and storage, along with a convenient half bath. On the property, a beautiful loft-style apartment presents an ideal opportunity for rental income, helping to offset expenses. Located in a convenient Rensselaer location, this property offers a fantastic opportunity for buyers seeking a spacious home with an attached income-generating unit, perfect for owner-occupants or investors alike.

57 Washington Avenue, Rensselaer

31 Riverside Avenue, Rensselaer
$460,000
5 Beds ⋅ 6 Baths ⋅ 202614597 MLS
Multiple Bids. Best and Final 4/19 @ 6pm. This rare Hudson Riverfront 3 family home, owned by the same family since construction, is being offered for sale for the first time! The property features distinctive handcrafted elements throughout, including striking leaded & hammered stained glass, custom woodwork, copper-clad & bronze metals, rare period lighting & artisan detailing that reflect a level of craftsmanship rarely seen in modern construction. According to the seller, some of these features have been salvaged from historic structures. Recent research may point to the early 1900's high quality, Tudor/Arts and Crafts revival style buildings, likely from the Albany area. Additional ammenties like off-street parking, washer & dryers & included central AC and heat, keep the property fully occupied & enjoyed by well paying, long-term tenants. Generating $48,000 gross yearly rents but has even more upside profit potential, makes this desirable for any investor. All units have incredible views of the river & downtown Albany. Close to all major highways & is a quick 5 minute drive to Regeneron Pharmaceuticals, creating even higher rental demand than the area already has. Unit 1 is on the raised 2nd level & has two LARGE bedrooms & 2.5 bathrooms, each bdrm w/their own private bathroom AND a nee extra half bathroom for guests! The primary bedroom & living area each have sliding glass doors leading to a huge 4 season bonus room w/a custom wood bar & sliding glass doors that lead to a private L-shaped raised deck. W/D & dishwasher ($1600 exp 8/30/26, leaving owner occupancy possibilities if desired). See notes. Unit 2 is an adorable two bedroom & TWO new private bathrooms, off each bdrm, plus a walkout 3 season room leading to the yard. New GE all-in-one w/d. ($1420 exp 2/27). Unit 3 has 1 large bedroom & 1 bathroom w/their own walkout 4 season room & a patio under the deck. ($1050 exp 11/26)

31 Riverside Avenue, Rensselaer

114 3rd Avenue, Rensselaer
$310,000
5 Beds ⋅ 2 Baths ⋅ 202613200 MLS
BEST AND FINAL DUE 3/18 @2pm. Turnkey two-family investment property in Rensselaer just minutes from Downtown Albany and I-787. Ideal for investors or owner-occupants seeking rental income. The first-floor unit offers 2 bedrooms, 1 full bath, living room, dining room, and laundry room. The second-floor unit is fully remodeled featuring a brand new kitchen and bathroom with 3 bedrooms, 1 full bath. Both units feature separate utilities, enclosed rear porches, and off-street parking. Major updates include a new roof, newer heating systems, updated plumbing, and a hot water tank was put in 2025. The property also includes a large driveway and detached four-car garage (sold as-is) with potential for storage or workshop space. Convenient location near Downtown Albany, Regeneron and East Greenbush Technology Park, making it attractive for commuters and tenants.

114 3rd Avenue, Rensselaer

8 Harrison Avenue, Rensselaer
$175,000
3 Beds ⋅ 2 Baths ⋅ 202527877 MLS
Entered for comp only. Just steps from the Rensselaer Train Station, this fantastic brick two-family home offers convenience, comfort, and investment potential. The first-floor unit features a spacious one-bedroom layout, while the second floor boasts two bedrooms—perfect for multi-generational living or rental income. ✨ Recent Updates Include: Modern kitchens and baths Stylish flooring throughout Refreshed interiors within the last 5 years 🌟 Bonus Features: Walk-out lower level with potential to add a studio apartment Off-street parking for two vehicles Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package.

8 Harrison Avenue, Rensselaer

1572 3rd Street, Rensselaer
$249,900
4 Beds ⋅ 2 Baths ⋅ 202526292 MLS
Why rent when you can own this updated and well-cared-for two-family home? With plenty of recent improvements, it's an ideal option for owner-occupancy or investment. The property features a freshly sealed driveway with parking for six cars, an oversized garage with electric, workspace, and a brand-new roof, plus a private backyard enclosed with a new 6-foot fence. Inside, each unit offers in-unit laundry (washer and dryer included), spacious kitchens with dishwashers, full bathrooms, and thoughtful layouts. Recent upgrades also include new electrical panels and new front and back entry stairs. Conveniently located near the Doane Stuart School with easy access to I-87, this home blends comfort, practicality, and strong rental potential.

1572 3rd Street, Rensselaer

1554 1st Street, Rensselaer
$220,000
3 Beds ⋅ 3 Baths ⋅ 202525676 MLS
Step into History with Modern Possibilities! Welcome to one of the oldest homes in the City of Rensselaer, a triplex full of character and opportunity. Each unit offers a generously sized 1-bedroom layout with separate utilities. The walk-up attic, already roughed in with electrical & plumbing for a 4th unit, offers exciting expansion potential. Enjoy off-street parking, coin-operated laundry in the basement, and breathtaking views of downtown Albany from your porch. Lovingly cared for by the same owner since the 70's, this home combines historic charm with modern convenience. Just minutes from the highway, shopping, and dining, this location makes commuting and daily living easy. A fantastic chance to live in one unit while renting the others!

1554 1st Street, Rensselaer

107 3rd Avenue, Rensselaer
$270,000
6 Beds ⋅ 2 Baths ⋅ 202524416 MLS
Amazing charm & original woodwork throughout this classic Two family home, including rare detached 3 car garage! New roof on main home. Inviting front porch with trex decking & double door entry. First floor unit has a Large living room parlor with multiple sun filled windows, wood floors, pocket doors lead into the library w/ custom built in shelving. Nice size Kitchen. Each unit also has Updated full bathroom & separate laundry room w/ plumbing hook ups. Second floor unit has a similar layout, large rooms & additional front balcony. Large fenced level backyard, as well as Large privacy fenced side yard city lot. Just a few steps from the backyard/ garage -walk to the new public playground& ball park. Additional car access off Plum Street. Some updating & plaster patchwork needed. Otherwise a rare & fantastic investment! Both apartments vacant

107 3rd Avenue, Rensselaer

35 Partition Street, Rensselaer
$225,000
4 Beds ⋅ 2 Baths ⋅ 202524335 MLS
Discover this two-family home in the heart of Rensselaer, ideally situated near major highways and neighborhood amenities. Each unit has a private entrance, modern finishes, and separate utilities. The first-floor unit features 2 bedrooms, 1 full bathroom, living room, and modern eat-in kitchen. The second-floor unit offers 2 bedrooms, including a spacious primary suite with an office alcove, 1 full bathroom, plus a bonus room perfect for closet space or an additional office. A modern eat-in kitchen with a large pantry completes this level. Additional highlights include a 1-car garage with off-street parking for a second vehicle. Updated roof (2020), water heater (2nd floor in 2024), and furnace (2023). Currently generating rental income, making it an excellent investment opportunity.

35 Partition Street, Rensselaer

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