Albany, NY Multifamily Homes & Duplexes for Sale

• 

  

  

  /42

  $675,000

  • 8 Beds
  • 6 Baths
  • 5,314 Sq Ft

  577 Western Ave, Albany, NY 12203

  This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space, separate utilities, and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants

  

  Marshall Morgan

  CM Fox Real Estate

  (518) 868-6576

  577 Western Ave, Albany, NY 12203
• 

  

  /2

  $210,000

  • 6 Beds
  • 2 Baths
  • 2,322 Sq Ft

  3 N Manning Blvd, Albany, NY 12206

  Welcome to 3 N Manning Blvd, a beautifully rehabbed property that blends modern amenities with classic charm. This stunning home features exposed brick and beautiful woodwork, complemented by modern kitchens and bathrooms designed with contemporary finishes. Elegant wood floors flow throughout, and a spacious rear deck offers the perfect spot for entertaining or relaxing outdoors. With a

  OMAR ROBINSON

  Epique Realty

  (518) 318-9459

  3 N Manning Blvd, Albany, NY 12206
• 

  

  

  /23

  $379,000

  • 4 Beds
  • 3 Baths
  • 1,600 Sq Ft

  3 S Main Ave, Albany, NY 12208

  Fantastic opportunity for an investor or first time home buyer; occupy the second floor owners unit while renting out the two apartments on the first floor. Very manageable fenced back yard and a one car garage with two off street parking spots. Conveniently located to restaurants, movies, shops, bus-lines, schools and hospitals.

  

  Marshall Morgan

  CM Fox Real Estate

  (838) 270-0990

  3 S Main Ave, Albany, NY 12208
• 

  

  /2

  $109,900

  • 4 Beds
  • 2 Baths
  • 1,680 Sq Ft

  376 1st St, Albany, NY 12206

  Great opportunity to own this vacant duplex in the heart of Albany. 2 bedrooms each floor and cleaned out ready for renovations.

  Stephen McCormick

  Empire Real Estate Mgmt, LLC

  (518) 839-2700

  376 1st St, Albany, NY 12206
• 

  

  

  /41

  $675,000

  • 7 Beds
  • 5 Baths
  • 3,810 Sq Ft

  575 Western Ave, Albany, NY 12203

  This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants also enjoy

  

  Marshall Morgan

  CM Fox Real Estate

  (518) 412-7847

  575 Western Ave, Albany, NY 12203
• 

  

  /25

  $285,000

  • 6 Beds
  • 2 Baths
  • 2,856 Sq Ft

  147 Western Ave, Albany, NY 12203

  Don't miss this prime investment property, perfect for expanding your portfolio! The first-floor unit is rented through December 2025, providing immediate rental income, while the second-floor unit is vacant and move-in ready for a new tenant.Recent updates include a new rubber roof (Nov 2022) and a new electric panel for the second floor. The first-floor unit boasts a fully renovated bathroom,

  Ramiz Turan KW Platform

  147 Western Ave, Albany, NY 12203
• 

  

  /28

  $450,000

  • 5 Beds
  • 3 Baths
  • 2,146 Sq Ft

  43 Sycamore St, Albany, NY 12208

  Phenomenal opportunity to own this rarely available triplex in Albany's New Scotland Av neighborhood. Owner occupied for decades, this property has been well maintained. The first and second floor units each have two plus bedrooms, each generously sized, and an additional office or den space. Hardwood floors in both units. The garden level unit is a one bedroom - and there is also a garage on

  Donald Smith KW Platform

  43 Sycamore St, Albany, NY 12208
• 

  

  /10

  $169,900

  • 6 Beds
  • 2 Baths
  • 1,606 Sq Ft

  348 1st St, Albany, NY 12206

  Solid 2 flat building with 3 beds each unit. Up and down. Hardwood floors. Fenced rear yard. Some minor details will make this an owner occupied home with an income unit or a rental 2 unit. Forced air heat each unit, updated mechanicals.

  Brian Marsh Coldwell Banker Prime Properties

  348 1st St, Albany, NY 12206
• 

  

  /31

  $220,000

  • 3 Beds
  • 3 Baths
  • 2,016 Sq Ft

  179 Lancaster St, Albany, NY 12210

  Opportunity knocks in this Center Square fixer-upper! 179 Lancaster is a three-unit apartment building featuring (3) one bedroom & one bath units. The garden & first floor apartments have been gutted to the studs in addition to a full electrical rewire, new framing started, & partial plumbing installed. All new plumbing is planned throughout. The second floor unit remains fairly original offering

  Robert Bradley Miuccio Real Estate Group

  179 Lancaster St, Albany, NY 12210
• 

  

  /86

  $89,900

  • 4 Beds
  • 1.5 Baths
  • 1,529 Sq Ft

  77 3rd Ave, Albany, NY 12202

  Nice two family home located close to your needed amenities! Each unit offers a spacious open floor plan, lots of light flowing throughout. Great investment opportunity!

  Billy Carr Hunt ERA

  77 3rd Ave, Albany, NY 12202
• 

  

  /18

  $1,995,000

  • 9 Beds
  • 7 Baths
  • 6,688 Sq Ft

  800 Madison Ave, Albany, NY 12208

  Rare multifamily opportunity in Albany. 800 Madison and 441 Yates Street, two parcels located back to back and offers off street parking. Combined 13 apartments. 800 Madison was renovated in 2017. With new kitchens and refreshed bathrooms. This building the landlord pays for heat/hot water and tenants pay a premium for such. 441 Yates street was gut rehabbed in 2020. Offering all new mechanicals,

  Pete Tryon Blue House Companies

  800 Madison Ave, Albany, NY 12208
• 

  

  /20

  $189,900

  • 4 Beds
  • 2 Baths
  • 1,612 Sq Ft

  33 Myrtle Ave, Albany, NY 12202

  33 Myrtle Avenue is a two-family that brings in $2,250 a month from the 2 apartments that are both occupied. Both units have updated kitchens and washer/dryer's in unit, making them very easy to rent. There is a brand new on demand Navien boiler for unit 1 and unit 2 runs off electric baseboard, so no costs associated with heat for the foreseeable future. Located half a block from the Governor's

  Shane Mahar Madison Park Real Estate

  33 Myrtle Ave, Albany, NY 12202
• 

  

  /26

  $349,900 Open Sat 11AM - 1PM

  • 6 Beds
  • 3 Baths
  • 2,394 Sq Ft

  116 Philip St, Albany, NY 12202

  **OPEN HOUSE: SAT 4/26 11-1PM** MULTIPLE OFFER DEADLINE: SUN 4/27 2PMGreat opportunity for both investors and owner-occupants! This well-maintained multi-family features three units. Double Lot. Each unit has 2 bedrooms, 1 full bath and a private deck overlooking the back yard. Recently Paved off-street parking accommodates up to four vehicles. Unit 1 is currently rented month-to-month, while

  Nicholas Khachadourian KW Platform

  116 Philip St, Albany, NY 12202
• 

  

  /35

  $275,000

  • 4 Beds
  • 2 Baths
  • 2,304 Sq Ft

  106 Mcalpin St, Albany, NY 12209

  Take advantage of this prime investment opportunity with this duplex located in Albany! Featuring two spacious units, this property is ideal for maximizing rental income. A key highlight is the 4-car garage, currently rented out, providing valuable additional cash flow. Conveniently situated near shopping, dining, and parks, this duplex is well-positioned to attract quality tenants. With its

  Todd Schermerhorn Schermerhorn Realty Group LLC

  106 Mcalpin St, Albany, NY 12209
• 

  

  /16

  $2,500,000

  • 26 Beds
  • 16 Baths
  • 15,000 Sq Ft

  3 Elberon Place, Albany, NY 12203

  Package deal, 3, 5, 7, 9 and 11 Elberon beautiful brick row house. Each building right next to each other on this street. Amazing investment, renovations completed and tenant occupied. Coin op washer/dryer in the basement of each building. Vinyl plank flooring, designer finishes, super modern, and a great location make this an ideal investment property. Steps to beautiful Washington Park, local

  Linda Chiou GROUP TWENTY SIX NY LLC

  3 Elberon Place, Albany, NY 12203
• 

  

  /42

  $500,000

  • 5 Beds
  • 3 Baths
  • 2,725 Sq Ft

  12 Swiss Ct, Albany, NY 12205

  Showings for this unique ''L'' shaped two-family home begin on Monday, April 21st. This property essentially combines two connected Ranch-style homes, facing two lovely residential streets. A rare opportunity, this multi-family home in South Colonie has been owned by the same family since its construction in 1967. It offers an ideal setup for multi-generational living. Or you could live in one

  Maria Connally Berkshire Hathaway Home Services Blake

  12 Swiss Ct, Albany, NY 12205
• 

  

  /36

  $299,000

  • 5 Beds
  • 2 Baths
  • 2,272 Sq Ft

  631 Washington Ave, Albany, NY 12206

  Fantastic owner-occupant opportunity in Albany! This charming duplex, across from Albany High's football field, sits in an area of high rental demand. Featuring historic details like charming built-ins and original hardwood floors, this home exudes character. Spacious bedrooms, freshly steamed carpets, and an inviting front porch add to its appeal. The sturdy construction stands as a testament to

  Andrea Tallman KW Platform

  631 Washington Ave, Albany, NY 12206
• 

  

  /16

  $270,000

  • 4 Beds
  • 2 Baths
  • 2,304 Sq Ft

  15 Walter St, Albany, NY 12204

  Beautifully remodeled top to bottom duplex in the heart of Albany. Adjacent lot was originally separate but has been merged to form one large lot, providing off-street parking and a large backyard.

  Michael Hofler 518 Realty.Com Inc

  15 Walter St, Albany, NY 12204
• 

  

  /54

  $349,900

  • 3 Beds
  • 2.5 Baths
  • 2,234 Sq Ft

  41 Dove St, Albany, NY 12210

  This charming Center Square Duplex is located on a desirable corner lot in the heart of the city. The property features a spacious townhouse-style unit on the upper level, spread across two floors. The upstairs unit includes 2 bedrooms, 1.5 bathrooms, and a bonus office space. The basement-level apartment offers a cozy 1-bedroom, 1-bathroom layout. This is an ideal opportunity for an

  Giovanni Lisi Core Real Estate Team

  41 Dove St, Albany, NY 12210
• 

  

  /25

  $849,900

  • 6 Beds
  • 4 Baths
  • 4,078 Sq Ft

  28 Dove St, Albany, NY 12210

  28 Dove Street is a fully renovated 4-family townhouse located in the heart of Center Square. Built in 1890 and updated in 2017, this 4,078 sq ft property features four units: three 1-bedroom and one 2-bedroom apartments, each with separate utilities and central air conditioning. The property offers six off-street parking spaces and hardwood floors throughout. Solid surface countertops and ample

  John Alund Lincoln House Realty

  28 Dove St, Albany, NY 12210
• 

  

  /20

  $839,900

  • 6 Beds
  • 4 Baths
  • 5,500 Sq Ft

  283 State St, Albany, NY 12210

  283 State Street is a historic 4-family townhouse located in the Center Square neighborhood of Albany. Built in 1850, this 5,500 sq ft property features four massive units: two 1-bedroom and two 2-bedroom apartments. Each unit includes 1 bathroom. The owner is responsible for all utilities. The property offers six off-street parking spaces. Listed at $839,900, it provides a rare investment

  John Alund Lincoln House Realty

  283 State St, Albany, NY 12210
• 

  

  /19

  $869,900

  • 6 Beds
  • 6 Baths
  • 5,770 Sq Ft

  309 State St, Albany, NY 12210

  309 State Street in Albany, NY, is a historic 4-family townhouse located in the Center Square neighborhood. Built in 1895, this 5,770 sq ft property features four units: three one-bedroom and one three-bedroom. Each unit includes 1.5 to 2 bathrooms and in-unit washer/dryer. The owner pays heat and hot water; tenants pay for electricity. The property offers five parking spaces—two off-street and

  John Alund Lincoln House Realty

  309 State St, Albany, NY 12210
• 

  

  /16

  $360,000

  • 5 Beds
  • 2 Baths
  • 1,868 Sq Ft

  309 Manning Blvd, Albany, NY 12206

  This completely renovated two-family home presents an exceptional opportunity for investors or owner-occupants seeking both modern living and rental income. Additional property highlights include all-new major systems (roof, plumbing, heating, electrical), off-street parking, and a low-maintenance outdoor space. Situated in a prime location near schools, shopping, and transportation, this turnkey

  Trevon Williams Greenwood Realty Group of NY

  309 Manning Blvd, Albany, NY 12206
• 

  

  /27

  $299,900

  • 7 Beds
  • 4 Baths
  • 2,490 Sq Ft

  362 Clinton Ave, Albany, NY 12206

  Welcome to 362 Clinton Ave, a large and versatile 3-unit property offering a total of 7 bedrooms and 4 bathrooms. This impressive triplex features generously sized units with high ceilings, original character, and updated essentials—perfect for owner-occupants or investors seeking strong rental income. Each unit offers a unique layout, ideal for multi-generational living, house hacking, or

  Samantha Parker KW Platform

  362 Clinton Ave, Albany, NY 12206
• 

  

  /42

  $349,000

  • 3 Beds
  • 2 Baths
  • 1,932 Sq Ft

  336 Madison Ave, Albany, NY 12210

  One of the coolest homes in Albany Center Square! Rare detached home with front, side and backyard in an area full of townhomes. Downstairs a one bedroom apartment with high ceilings and backyard access. Upstairs, a lofty two bedroom apartment. Kitchen has quartz counters, stainless steel appliances and an island. Bathroom completely updated with stone tiles, and natural stone counter. The third

  Conner Roohan eXp Realty

  336 Madison Ave, Albany, NY 12210
• 

  

  /97

  $775,000

  • 14 Beds
  • 7 Baths
  • 5,601 Sq Ft

  56 Second Ave, Albany, NY 12202

  Seize this rare opportunity to own a beautifully maintained 7-unit investment property in Albany, NY! Fully occupied and generating strong income, this property is a proven money-maker. Each unit has been updated and thoughtfully designed to maximize its potential. The property features its own parking lot, all separate utilities, as well as a dry, finished basement with coin operated washers and

  Mark Goodall Core Real Estate Team

  56 Second Ave, Albany, NY 12202
• 

  

  /60

  $890,000

  • 6 Beds
  • 6 Baths
  • 4,588 Sq Ft

  166 Washington Ave, Albany, NY 12210

  Take a look at this stately historic 5-unit brownstone in the heart of Albany. Built in 1859, this beautifully preserved building features a grand staircase, high ceilings, large pocket doors, multiple fireplaces (not in use), thick crown moldings & character galore. Strong rental history with long term tenant in place that rents 4 of the 5 units. Total current monthly rental income of $5,300.

  Jamie Sittner Oxford Property Group USA

  166 Washington Ave, Albany, NY 12210
• 

  

  /20

  $7,500,000

  • 99 Beds
  • 93 Baths
  • 65,728 Sq Ft

  264 S Allen St, Albany, NY 12208

  93 unit multifamily portfolio in A+ Locations. 11 Buildings and 1 vacant lot. Priced to Sell! With tons of potential to increase rents and value. Several properties offer have off street parking and some garages, owner pays heat/hot water in several buildings.Portfolio can not be split up. Must be sold as a package.

  Pete Tryon Blue House Companies

  264 S Allen St, Albany, NY 12208
• 

  

  /17

  $1,300,000

  • 20 Beds
  • 12 Baths
  • 6,338 Sq Ft

  106 & 110 Morris St, Albany, NY 12208

  8-units in an unbeatable location! These four, 2-unit buildings boast expansive floor plans, vinyl and carpet flooring, washers & dryers, and modern kitchens with stainless steel appliances and dishwashers. Second floors are 2-bedroom units with open kitchens and vaulted living room ceilings. First floors are 3-bedroom units and capture the entire square footage of the basement as living area.

  Jamie Brayton Rooted Property Group LLC

  106 & 110 Morris St, Albany, NY 12208
• 

  

  /15

  $320,000

  • 4 Beds
  • 2.5 Baths
  • 2,904 Sq Ft

  40 Myrtle Ave, Albany, NY 12202

  Step into a blend of historic elegance and modern convenience with this spacious over-under duplex located in the Mansions Neighborhood of Albany. PERFECT FOR INVESTORS, this duplex offers an excellent opportunity for rental income with both units currently occupied! The over-under duplex layout allows for privacy and comfort, with washer/dryer hookups in Unit 1, Walk in closets, and plenty of

  Christine Eckwerth Realty One Group Key

  40 Myrtle Ave, Albany, NY 12202
• 

  

  /18

  $225,000

  • 7 Beds
  • 2 Baths
  • 1,920 Sq Ft

  79 2nd Ave, Albany, NY 12202

  Recently renovated duplex, active ROP. Newer windows, brand new stainless appliances in both units. Lower unit has 4 bedrooms, upper unit has 3 bedrooms. Both units have rear balconies overlooking the fenced-in back yard. These units are move-in ready.

  Wendy Towers Redway Realty LLC

  79 2nd Ave, Albany, NY 12202
• 

  

  /34

  $314,900

  • 6 Beds
  • 2 Baths
  • 2,104 Sq Ft

  649 Myrtle Ave, Albany, NY 12208

  Charming Two-Family in Prime Albany Location! Nestled in the heart of Albany's Pine Hills neighborhood, this beautifully updated two-family home offers the perfect blend of convenience and charm. Just minutes from Washington Park, Lark Street's vibrant dining scene, major hospitals, and The College of Saint Rose, this property is ideal for both investors and owner-occupants. With spacious

  Kevin Clancy Clancy Real Estate

  649 Myrtle Ave, Albany, NY 12208
• 

  

  /13

  $284,900

  • 5 Beds
  • 3 Baths
  • 2,516 Sq Ft

  79 1st St, Albany, NY 12210

  Incredible cash flow with this updated 3-family that's fully rented! Over 4k per month in guaranteed rent, 1-year leases beginning 4/1/25. Spacious, updated, and freshly painted apts, some new cabinets, appliances and windows. Buyer is purchasing an assigned contract. This means the original contract is being transferred to the buyer, who will assume all terms and conditions.

  Dorothy Jones Howard Hanna Capital Inc.

  79 1st St, Albany, NY 12210
• 

  

  /10

  $199,000

  • 4 Beds
  • 2 Baths
  • 2,024 Sq Ft

  50 Ontario St, Albany, NY 12206

  Investment-ready multi-family property. ROP's are in place and property is fully rented.

  Jamila Belton Realty One Group Key

  50 Ontario St, Albany, NY 12206
• 

  

  /51

  $2,400,000

  • 16 Beds
  • 18 Baths
  • 17,958 Sq Ft

  522 Broadway, Albany, NY 12207

  Nicely updated building! Upper floors consist of 12 one bedroom one bath apartments, 2 two bedroom two bath apartments, laundry, and a work out room. First floor commercial office space with reception, 6 office spaces, kitchenette and two baths currently leased with two years remaining.

  John DiGesualdo Howard Hanna

  522 Broadway, Albany, NY 12207
• 

  

  /10

  $250,000

  • 4 Beds
  • 2 Baths
  • 2,100 Sq Ft

  88 Elizabeth St, Albany, NY 12202

  Up and down Albany 2 family in close proximity to downtown! Unit 1 (downstairs) features 2 beds & 1 bath. Unit 2 (upstairs) offers 4 beds & 1 bath. Recently renovated throughout. Brand new ultra efficient heat pump & mini-split HVAC system. Newer vinyl windows. CREATIVE financing available. Take ownership and start collecting rent. LOW taxes of just $2,935 total! Perfect for owner occupants or an

  Patrick Dunn Core Real Estate Team

  88 Elizabeth St, Albany, NY 12202
• 

  

  /30

  $259,000

  • 4 Beds
  • 2 Baths
  • 1,373 Sq Ft

  497 Morris St, Albany, NY 12208

  Nice two family in an excellent location! Close to Albany, Albany Med and St Peters always easy to rent. Home features fenced in back yard and a small porch area on both units. Full basement with Laundry hook-up. This is a highly desired area don't miss this opportunity!

  Kyle DeMeo KW Platform

  497 Morris St, Albany, NY 12208
• 

  

  /10

  $1,299,900

  • 13 Beds
  • 12 Baths
  • 8,200 Sq Ft

  572 Madison Ave, Albany, NY 12208

  Located at 572-574 Madison Avenue, Albany, NY, this residential building features 12 well-maintained apartments with $89K NOI. Offering a mix of spacious one- and one two-bedroom units, the property is in a prime location with easy access to local amenities, transportation, and schools. With strong rental potential and a desirable neighborhood, it represents an excellent investment opportunity.

  John Alund Lincoln House Realty

  572 Madison Ave, Albany, NY 12208
• 

  

  /7

  $425,000

  • 12 Beds
  • 4 Baths
  • 4,384 Sq Ft

  41-43 N Manning Blvd, Albany, NY 12206

  Great 4-unity building with many recent improvements including all new porches. Most windows are vinyl replacement. Spacious apartments, 3 bedroooms each, separate utilities. Easy to rent. Some long-time tenants would like to stay. Must be sold together with 37-39 N Manning (''twin'' building). Call to schedule a showing!!

  Chaya Tal Brenner Realty

  41-43 N Manning Blvd, Albany, NY 12206
• 

  

  /8

  $425,000

  • 12 Beds
  • 4 Baths
  • 4,384 Sq Ft

  37-39 N Manning Blvd, Albany, NY 12206

  Great 4-unit building with many recent improvements including all new porches, two new boilers. Most windows are vinyl replacement. Spacious apartments, 3 bedrooms each, separate utilities. Easy to rent. Several long-term tenants who would like to stay. Must be sold together with 41-43 N Manning (''twin'' building). Call to schedule a showing!!

  Chaya Tal Brenner Realty

  37-39 N Manning Blvd, Albany, NY 12206

Showing Results 1 - 40, Page 1 of 2

About Albany

Situated along the Hudson River in New York State's Capital Region, Albany—the state capital—has a rich history reflected in its art and architecture. From the Empire State Plaza's underground shopping concourse adorned with artworks to the original Capitol building built in 1804, every turn tells a story of how Albany has grown from a fur trading post to the political powerhouse that it is today.

Already inhabited by the Iroquois when Henry Hudson found his way there in 1609, the area was originally named Haudenosaunee and was home to a fur ...

Learn more about living in Albany

Home Trends in Albany, NY

On average, homes in Albany, NY sell after 19 days on the market compared to the national average of 47 days. The average sale price for homes in Albany, NY over the last 12 months is $333,161, up 6% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$300,000

Median Single Family Price

$305,000

Median Townhouse Price

$267,500

Median 2 Bedroom Price

$202,000

Median 1 Bedroom Price

$154,000

Average Price Per Sq Ft

$204

Number of Homes for Sale

76

Last 12 months Home Sales

878

Months of Supply

1.00

Median List Price

$299,700

Median Discount From 1st List Price

0%

Median Home Sale Price YoY Change

7%