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188 Clinton Avenue, Albany
$160,000
4 Beds ⋅ 2 Baths ⋅ 202623320 MLS
Attention investors, great value add potential in this central Albany location. Mixed use building with former salon on first floor and apartment on second floor/third floor. The salon has a half bathroom and the apartment is 4 beds, 1 full bath. There is a two car garage with alley access in the rear of the building. Basement provides ample storage space. Property is being sold as-is with most contents left in place. This is a blank canvas ready to be transformed.

188 Clinton Avenue, Albany
151 S Pearl Street, Albany
$290,000
6 Beds ⋅ 3 Baths ⋅ 202623243 MLS
This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

151 S Pearl Street, Albany
101 S Pine Avenue, Albany
$420,000
8 Beds ⋅ 4 Baths ⋅ 202623231 MLS
** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

101 S Pine Avenue, Albany
19 Stanwix Street, Albany
$259,900
8 Beds ⋅ 2 Baths ⋅ 202623201 MLS
Excellent opportunity for both investors and owner-occupants! This spacious two-family property features two 4-bedroom units, offering exceptional income potential and flexible living arrangements. Both units being vacant, gives buyers the opportunity to move right in and lease the other unit for maximum cash-flow. With generous room sizes, separate living spaces, and strong investment potential, this property is ideal for building equity while offsetting your mortgage or expanding your rental portfolio. Conveniently located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation, this is a versatile property you won't want to miss!

19 Stanwix Street, Albany
851 Livingston Avenue, Albany
$210,000
4 Beds ⋅ 2 Baths ⋅ 202623034 MLS
Move-In Ready Two-Family in Albany - Ideal for Owner-Occupants or Investors! Don't miss this excellent opportunity to own a well-maintained two-family home on a quiet street. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income, or for an investor seeking immediate occupancy. The first-floor unit includes the convenience of an in-unit washer and dryer. Both apartments feature spacious kitchens with separate dining areas, providing comfortable and functional living spaces. The second unit has strong income potential with an estimated rental value of $1,275 per month. This property has been updated with a handful of upgrades throughout, including a newer roof and windows. Conveniently located near restaurants, shopping, and major highways, this property offers easy access to everyday amenities and commuting routes. Whether you're expanding your investment portfolio or searching for a home with built-in income potential, this versatile duplex is a must-see!

851 Livingston Avenue, Albany
282 Lark Street, Albany
$359,900
4 Beds ⋅ 3 Baths ⋅ 202622886 MLS
In the heart of Albany's vibrant Center Square neighborhood, this well maintained historic duplex offers timeless character, flexible living space, and an exceptional location. High ceilings, hardwood floors, original architectural details, and decorative fireplaces create warmth and personality throughout. The first unit spans two levels and features an open, spacious layout, 1.5 baths, in unit laundry, and an updated kitchen with stainless steel appliances. Both units enjoy access to a private, fenced backyard a peaceful retreat in the middle of the city. Just moments from Washington Park, Empire State Plaza, restaurants, cafés, entertainment, and the many conveniences of Lark Street. Whether you are looking to owner occupy while generating rental income, expand your investment portfolio, or enjoy the flexibility of a two family property, 282 Lark Street is a rare opportunity to own a piece of Albany's history.

282 Lark Street, Albany
90 Madison Avenue, Albany
$325,000
5 Beds ⋅ 4 Baths ⋅ 202622792 MLS
Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

90 Madison Avenue, Albany
52 Park Avenue, Albany
$329,777
6 Beds ⋅ 3 Baths ⋅ 202622735 MLS
When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

52 Park Avenue, Albany
325 Manning Boulevard, Albany
$365,000
7 Beds ⋅ 2 Baths ⋅ 202622734 MLS
This beautiful two-family home offers an exceptional opportunity for either an investor or an owner-occupant. The property was owner-occupied for many years and underwent a complete renovation in 2017. It features updated kitchens with granite countertops, renovated bathrooms, new windows, and new boilers, along with convenient coin-operated laundry machines in the basement. Each unit has front and rear sunrooms. Also, a four-car driveway and a two-car garage. Current ROP's With a solid rental history, the property presents a strong opportunity for consistent returns, featuring an estimated market rent Net Operating Income (NOI) of $48,000.

325 Manning Boulevard, Albany
162-170 Jefferson Street, Albany
$2,300,000
10 Beds ⋅ 11 Baths ⋅ 202622723 MLS
(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street, Albany
698 Central Avenue, Albany
$282,000
6 Beds ⋅ 2 Baths ⋅ 202622722 MLS
This two-unit duplex presents a strong opportunity for investors or owner-occupants looking to generate rental income. The property contains approximately 2,568 square feet and features two three-bedroom apartments with comfortable living rooms, kitchens, and full baths. Each apartment has separate utilities. Situated on a 0.11-acre lot in a convenient Albany location close to local amenities, this property offers solid income potential and would make a great addition to any real estate portfolio.

698 Central Avenue, Albany
372 Madison Avenue, Albany
$195,000
202622658 MLS
No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

372 Madison Avenue, Albany
132 4th Avenue, Albany
$240,000
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, Albany
97 3rd Avenue, Albany
$250,000
5 Beds ⋅ 3 Baths ⋅ 202622293 MLS
Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income. The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities. With its established rental history, well-maintained condition, and desirable two-family configuration, 97 Third Avenue is worth a closer look. An opportunity to own income-producing real estate in the Capital Region!

97 3rd Avenue, Albany
142 Chestnut Street, Albany
$589,000
5 Beds ⋅ 4 Baths ⋅ 202622175 MLS
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, Albany
55 Ten Broeck Street, Albany
$549,000
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, Albany
114 Spring Street, Albany
$325,000
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, Albany
342 Hamilton Street, Albany
$410,000
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, Albany
396 Hamilton Street, Albany
$415,000
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, Albany
210 Myrtle Avenue, Albany
$325,000
5 Beds ⋅ 3 Baths ⋅ 202621866 MLS
Looking for your next investment property or the chance to buy your first home while producing cash flow? This solid brick triplex in a convenient central Albany location offers two 1-bedroom units on the first floor and a spacious 3-bedroom unit on the second floor, perfect for an owner occupant. One 1-bedroom is currently rented at $1,075/month; the other two units are vacant, freshly presented, and ready to rent or move right in. Major updates completed within the last 4 years include new HVAC, roof, electric, and some replacement windows so the big-ticket items are done. Gleaming hardwood floors, classic woodwork, bay windows, and updated kitchens and baths throughout. Separate utilities with tenants paying heat and hot water. Live in one unit while your tenants help pay the mortgage, or add a turnkey building to your portfolio. Estimated rents put gross potential income at $4,175/month. Don't miss this one and schedule your showing today!

210 Myrtle Avenue, Albany
552 Madison Avenue, Albany
$700,000
8 Beds ⋅ 5 Baths ⋅ 202621769 MLS
**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!

552 Madison Avenue, Albany
210 Western Avenue, Albany
$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, Albany
339 Delaware Avenue, Albany
$289,900
6 Beds ⋅ 2 Baths ⋅ 202621689 MLS
Opportunity meets versatility at 339 Delaware Avenue in Albany! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of living space with a flexible layout and strong potential for homeowners or investors. Projected rents are approximately $1,700/month upstairs and $1,600/month downstairs, for a total potential gross rent of $3,300/month. Large windows provide plenty of natural light, while the inviting sunroom offers additional space to relax or work from home. Generous living areas provide plenty of flexibility. Conveniently located near shopping, dining, transportation, and local amenities. Schedule your private showing today!

339 Delaware Avenue, Albany
469 Madison Avenue, Albany
$375,000
5 Beds ⋅ 2 Baths ⋅ 202621658 MLS
Multiple offers presented. Present highest and best offers by Monday 7/20 @ 5:00. Located in Albany's highly desirable Center Square neighborhood, just steps from Washington Park, this very well-maintained two-family property pairs an exceptional location with timeless architectural character. Beyond its durable brick exterior and large flats, the building features hardwood floors, rich original woodwork, tall ceilings, original built-ins, a decorative fireplace, pocket doors, stackable washer/dryers in each unit, Corian counters and ceramic tile backsplashes, bonus office alcove, and bay windows. Historic charm, a vibrant neighborhood, and a location tenants love make this an outstanding addition to any investment portfolio! *Pictures show vacant units but both apartments are rented.

469 Madison Avenue, Albany
147 Clinton Avenue, Albany
$110,000
8 Beds ⋅ 3 Baths ⋅ 202621656 MLS
Three-family property offering strong upside potential for investors or rehab specialists. Once the work is done, generate ~$50,000 gross income per year. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided--drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. CASH ONLY. NO INTERIOR ACCESS.

147 Clinton Avenue, Albany
319 McCarty Avenue, Albany
$425,000
5 Beds ⋅ 2 Baths ⋅ 202621604 MLS
INVESTOR ALERT: 3 PARCELS, 1 PRICE! Striking 2-family corner home with stucco exterior & Spanish tile roof — 5 beds, 2 baths, 2,808 sqft. Spacious living rooms, generous kitchens, comfortable bedrooms in each unit. The game-changer: THREE separate tax parcels (319, 317 & 315 McCarty Ave) with development potential on the adjacent lots. Fenced 4-car parking garage. Minutes to highways, shopping, hospitals & schools. Live in one, rent the other — or build your empire!

319 McCarty Avenue, Albany
292 Sheridan Avenue, Albany
$155,000
6 Beds ⋅ 2 Baths ⋅ 202621599 MLS
This 2,128 sq. ft. multi-family property on Sheridan Avenue is a prime opportunity for investors or owner-occupants. Featuring 6 bedrooms and 2 baths, the property has separate utilities and is ideal for an 'add-value' strategy. Priced for its 'as-is' condition, it needs some updates but offers incredible potential.

292 Sheridan Avenue, Albany
28 Kent Street, Albany
$340,000
6 Beds ⋅ 2 Baths ⋅ 202621555 MLS
Wonderful updated Two-Family house with beautiful woodwork , French doors and more. Turn-key money maker with new ROP's - recently updated kitchens with quartz counters, baths, new hot water heaters, newer back porches recent painting and parging, and some new windows, electrical and plumbing. Solid slate roof regularly maintained. Fenced yard with nice porches. Laundry in basement with separate hookups available (one set currently shared). Downstairs is vacant and most recently rented for $1,600, upstairs currently rented monthly at $1,950 for $3,550 total income. Upstairs has been used as 4-bedroom. Separate utilities. great property that is easy to rent or ready to occupy!

28 Kent Street, Albany
20 Alden Avenue, Albany
$385,000
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, Albany
77 S Allen Street, Albany
$477,777
9 Beds ⋅ 3 Baths ⋅ 202621199 MLS
Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany's most established rental markets.

77 S Allen Street, Albany

©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

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