Albany, NY Multifamily Homes & Duplexes for Sale

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  /17

  $399,999

  • 3 Beds
  • 2.5 Baths
  • 1,806 Sq Ft

  177 Lancaster St, Albany, NY 12210

  Don't miss the opportunity to own this beautiful brick 2 family home in center square Albany. This townhouse rental features a 1st and 2nd floor apartment coupled with a updated garden apartment. Fully rented and ready for the next owner to add this to their portfolio. Can be sold as a package with other center square properties.

  Stephen McCormick

  Empire Real Estate Managment LLC

  (518) 900-7391

  177 Lancaster St, Albany, NY 12210
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  Explore Albany

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  /19

  $1,230,000

  • 29 Beds
  • 15 Baths
  • 12,704 Sq Ft

  32 Hampton St, Albany, NY 12209

  13 unit multifamily portfolio. 4 buildings and 1 vacant lot. 32, 14, 19 Hampton and 182 Delaware Ave. Rents can be higher. Tenants pay utilities. Must be sold as a package.

  Jennifer Gao-Bosley J & A Capital Realty

  32 Hampton St, Albany, NY 12209
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  /22

  $165,000

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

  150 Franklin St, Albany, NY 12202

  Fully vacant duplex at 150 Franklin St, Albany, sold as-is — an excellent investment opportunity in the historic South End. Offering investors or owner-occupiers a clean slate for renovation, rental conversion, or creative redevelopment.Just minutes from the NY State Capitol, Empire State Plaza, and NYS Museum, with dining, shopping, and entertainment at Quackenbush Square nearby. Easy access to

  Alexandria Sifontes CapMark Realty LLC

  150 Franklin St, Albany, NY 12202
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  /29

  $214,900

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

  596 3rd St, Albany, NY 12206

  This fantastic multi-family property is ready for a new owner and is perfect for either owner-occupied or investment. The fully renovated building consists of two units, each featuring 2 bedrooms and 1 bathroom. The spacious living room can easily be converted into a third bedroom if desired. Enjoy the beautifully refinished hardwood floors, as well as the brand-new forced air heating systems

  Diju Rahman Dimension Realty Solution LLC

  596 3rd St, Albany, NY 12206
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  /49

  $334,000

  • 6 Beds
  • 2 Baths
  • 2,658 Sq Ft

  57 Summit Ave, Albany, NY 12209

  ***Only showing first floor, both floors are mirror of one another, offers written contingent on walkthrough of 2nd floor. Exceptional duplex in Albany's sought-after Delaware South (DelSo) neighborhood—ideal for owner-occupant or investor! Two spacious 3BR/1BA units feature original hardwood floors, classic wood moldings, and built-ins. First floor unit is freshly painted and ready to rent or

  Samantha Curry New Scotland Realty

  57 Summit Ave, Albany, NY 12209
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  /9

  $1,349,000

  • 6 Beds
  • 5 Baths
  • 2,972 Sq Ft

  287 Myrtle Ave, Albany, NY 12208

  Dual property portfolio (34-36 Sparkill Ave MLS #202523736) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income.

  Colin McDonald McDonald Real Estate Comp LLC

  287 Myrtle Ave, Albany, NY 12208
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  /44

  $1,349,000

  • 9 Beds
  • 5 Baths
  • 4,424 Sq Ft

  34-36 Sparkill Ave, Albany, NY 12209

  Dual property portfolio (287 Myrtle Ave MLS #202523744) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income.

  Colin McDonald McDonald Real Estate Comp LLC

  34-36 Sparkill Ave, Albany, NY 12209
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  /21

  $329,900

  • 6 Beds
  • 2 Baths
  • 2,712 Sq Ft

  87 S Main Ave, Albany, NY 12208

  Well-maintained two-family home featuring beautiful hardwood floors throughout. Updated kitchen and modern bathrooms. Enjoy charming front porches and spacious living and dining rooms in each unit. All appliances, including washer and dryer, are included. Recent city water pipe replacement for added peace of mind. Property is being sold as-is.

  Elaine Freedman Venture Realty Partners

  87 S Main Ave, Albany, NY 12208
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  /25

  $359,900

  • 6 Beds
  • 2 Baths
  • 3,000 Sq Ft

  789 Park Ave, Albany, NY 12208

  Well-maintained two-family home featuring charming open front and rear porches, plus a two-car garage. Each spacious unit offers 3 bedrooms, a large living room, formal dining room, and kitchen with pantry. Beautiful hardwood floors throughout. All appliances included, plus washer & dryer in the basement. Conveniently located within walking distance to Ridgefield Park, Madison Avenue, New

  Elaine Freedman Venture Realty Partners

  789 Park Ave, Albany, NY 12208
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  /14

  $162,000

  • 6 Beds
  • 2 Baths
  • 2,232 Sq Ft

  12 Bogart Terrace, Albany, NY 12202

  Nice two family home great for owner occupied or investor. Recently updated second floor unit. Generously sized front and back yard. Each unit has separate meters. 24 hour notice for showings.** Highest and Best offers Due by Monday August 18 2025

  Lou Narcavage Primerty Holdings LLC

  12 Bogart Terrace, Albany, NY 12202
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  /30

  $269,000

  • 5 Beds
  • 2 Baths
  • 2,246 Sq Ft

  847 Jay St, Albany, NY 12203

  Opportunity awaits as this updated Albany 2 family located in a desirable Pine Hills location hits the market! This property features two large units with good size living rooms, formal dining rooms, updated kitchens with large pantries, updated bathrooms, hardwood floors throughout, back porches and cozy front porch! There is also separate utilities and good rents! Convenient location and a must

  Wayne Newcomb Newcomb Realty Group LLC

  847 Jay St, Albany, NY 12203
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  /34

  $499,898

  • 6 Beds
  • 5 Baths
  • 4,400 Sq Ft

  285 Lark St, Albany, NY 12210

  Back On the Market! Great opportunity to owner occupy or add to your investment portfolio. This historical brick brownstone offers 3 units that are all over 1000 square feet. Great views, floor to ceiling windows, lots of natural light. Basement unit has 2 bedrooms and 1 bathroom. Lots of storage, laundry in unit, large kitchen.Unit 2 has 2 bedrooms and 2 full bathrooms, laundry area, lots

  Brian Ward Coldwell Banker Prime Properties

  285 Lark St, Albany, NY 12210
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  /11

  $305,000

  • 5 Beds
  • 3 Baths
  • 2,112 Sq Ft

  531 Hamilton St, Albany, NY 12203

  Investors - Fully rented 3-unit property close to UAlbany. ROP current through 2027. Downstairs are two 1-bedroom units, upstairs is a 3-bedroom unit. Laundry room/area in the enclosed back porch on the first floor accessible for all units.

  Wendy Towers Redway Realty LLC

  531 Hamilton St, Albany, NY 12203
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  /7

  $260,000 Open Sat 10AM - 12PM

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

  8 Wilkins Ave, Albany, NY 12206

  Well-kept 2-unit property in a convenient Albany location featuring washer/dryer hookups, private driveway, and access to a dry basement for storage. Each unit offers a functional layout and reliable tenant occupancy. Presents an excellent opportunity for revenue growth and long-term value. Can be purchased individually or as part of a 3-property Wilkins Ave investment package with 10 Wilkins Ave

  Saad Tai Real Broker NY LLC

  8 Wilkins Ave, Albany, NY 12206
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  /6

  $240,000 Open Sat 10AM - 12PM

  • 6 Beds
  • 2 Baths
  • 2,184 Sq Ft

  4 Wilkins Ave, Albany, NY 12206

  Well-maintained 2-unit in a desirable Albany location featuring washer/dryer hookups, private driveway, and access to a dry basement for added storage. Each unit offers a functional layout and long-term tenant occupancy. Currently leased at below-market rents, providing excellent potential for increased revenue. This property may be purchased on its own or as part of a 3-property Wilkins Ave

  Saad Tai Real Broker NY LLC

  4 Wilkins Ave, Albany, NY 12206
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  /6

  $280,000 Open Sat 10AM - 12PM

  • 6 Beds
  • 2 Baths
  • 2,294 Sq Ft

  10 Wilkins Ave, Albany, NY 12206

  Fully remodeled 6BR/2BA, 2,294 sqft home in a walkable Albany location. Updates include roof (2020) and central air for low-maintenance ownership. Spacious layout allows flexible use and strong rental potential. Currently leased at below-market rents, offering opportunity for increased income. Located on a quiet street near shops, dining, and public transportation. Can be purchased individually

  Saad Tai Real Broker NY LLC

  10 Wilkins Ave, Albany, NY 12206
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  /51

  $759,900

  • 5 Beds
  • 4.5 Baths
  • 3,160 Sq Ft

  197 Lark St, Albany, NY 12210

  Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and

  Amanda Penrose Coldwell Banker Prime Properties

  197 Lark St, Albany, NY 12210
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  /32

  $339,900

  • 5 Beds
  • 2 Baths
  • 1,560 Sq Ft

  41 Virginia Ave, Albany, NY 12205

  Welcome to 41 Virginia Ave, an incredible opportunity to own a two-family home in a prime Colonie location! Perfectly suited for investors or owner-occupants, this beautifully updated property offers two spacious units with great income potential. Unit 1 includes 3 BR/1 BA, new kitchen w/SS appliances, new flooring, newer furnace & HW heater, & fresh paint. Unit 2 includes 1 BR/1 BA w/possible

  Marisa Moffatt The Moffatt Group, Inc

  41 Virginia Ave, Albany, NY 12205
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  /29

  $198,900

  • 4 Beds
  • 2 Baths
  • 1,447 Sq Ft

  99 Southern Blvd, Albany, NY 12209

  Opportunity awaits as this beautiful solid Albany two family located in a good extremely convenient location to everything hits the market! This would make for a perfect owner occupied home or for a great investment property! Features include a large first floor unit with a large living room, formal dining room, good size kitchen, bath and full basement. Second floor has a cozy 1 bedroom

  Wayne Newcomb Newcomb Realty Group LLC

  99 Southern Blvd, Albany, NY 12209
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  /17

  $230,000

  • 4 Beds
  • 2 Baths
  • 1,800 Sq Ft

  455 Bradford St, Albany, NY 12206

  Perfect for investors or owner occupants! Well maintained and ready for new owners. Vinyl windows throughout. 2 Bedrooms each unit. Close proximity to highways and shopping. Separately metered, tenants pay utilities.

  Luke Khachadourian KW Platform

  455 Bradford St, Albany, NY 12206
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  /16

  $160,000

  • 4 Beds
  • 2 Baths
  • 1,200 Sq Ft

  113 Clinton St, Albany, NY 12202

  2 family located in Historic district of Albany, this Federal style 2 family is almost complete, bring your own finish touches to complete this total rehab of this property. Two bedrooms, one bath, hard wood floors in the living rooms

  Jon Brower Brower Realty and Property Services Inc

  113 Clinton St, Albany, NY 12202
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  /12

  $345,000

  • 5 Beds
  • 2 Baths
  • 2,200 Sq Ft

  18 Dudley Heights, Albany, NY 12210

  Charming 2 family, hardwood floors. Replacement windows throughout, downstairs, upstairs & attic. Upstairs with two bedrooms, kitchen, stove, refrigerator, walkin pantry, dining room, living room vinyl blinds, alcove to front porch. Downstairs with 3 bedrooms, similar features/floor plan & new vinyl blinds to be installed. Large fenced yard, driveway, full attic with plank floors. Full basement

  Donna Clanton Venture Realty Partners

  18 Dudley Heights, Albany, NY 12210
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  /30

  $215,000

  • 3 Beds
  • 2 Baths
  • 1,152 Sq Ft

  15 Wilbur St, Albany, NY 12202

  ***Back on market due to buyer personal circumstance, through inspections etc! Don't miss this beautifully maintained and charming brick two-family currently configured as a single-family home—but still fully zoned as a legal two-family with the City of Albany, offering easy conversion back. The first-floor and second floor unit features 1BD/1BA, each with its own front and rear balconies.

  Samantha Curry New Scotland Realty

  15 Wilbur St, Albany, NY 12202
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  /2

  $285,000

  • 7 Beds
  • 3 Baths
  • 2,210 Sq Ft

  514 Morris St, Albany, NY 12208

  Great Investment opportunity! Updated Vinyl Plank Flooring, Hardwood Flooring, Vinyl Windows, Updated Electric Panels, Separate Utilities, Close to Albany Med/St Peters Hospitals. Cash Flow and Spacious Units! Off Street Parking and 2 Car Garage.

  Heather Morra McDonald Real Estate Comp LLC

  514 Morris St, Albany, NY 12208
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  /3

  $520,000

  • 7 Beds
  • 4.5 Baths
  • 2,700 Sq Ft

  561 Park Ave, Albany, NY 12208

  4 legal units/5 paved marked parking places/4 gas boilers. Immaculately maintained. Prime location (medical students/residents) Between Alb Med & St. Peter's hospitals. Owner only pays for hot water and basement tenant's heat; all other utilities separate. Beautiful hardwood floors & woodwork. Newer windows. See associated docs for permits, etc. Side & rear entries for some units. No pets in any

  Heather Morra McDonald Real Estate Comp LLC

  561 Park Ave, Albany, NY 12208
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  /19

  $249,898

  • 5 Beds
  • 3 Baths
  • 2,232 Sq Ft

  18 N Allen St, Albany, NY 12203

  Fantastic Investment Opportunity in a Prime Location! This two-family property is ideally situated near Pine Hills Elementary, Busline, the public library, and within walking distance to shops and restaurants. The first-floor unit features 3 bedrooms and 2 full baths and is currently occupied. The second-floor unit is a spacious bi-level with 3 bedrooms (2 on the second floor, 1 on the third) and

  Brian Ward Coldwell Banker Prime Properties

  18 N Allen St, Albany, NY 12203
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  /33

  $269,900

  • 6 Beds
  • 2 Baths
  • 2,600 Sq Ft

  530 N Pearl St, Menands, NY 12204

  Great investment or owner-occupant opportunity in Albany! This well-maintained 2-family home offers two spacious units, each with 3 bedrooms and 1 full bath. The property includes off-street parking and a 4-car garage—an ideal setup for added tenant appeal or personal use. Conveniently located close to shopping, schools, and major highways. Whether you're looking to grow your portfolio or live in

  Paul Friello Coldwell Banker Prime Properties

  530 N Pearl St, Menands, NY 12204
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  /13

  $224,999

  • 8 Beds
  • 2 Baths
  • 3,402 Sq Ft

  24 Quail St, Albany, NY 12206

  Welcome to 24 Quail St — a 3,402 sq ft mixed-use property in Albany's vibrant Pine Hills, VACANT at closing and ready for your vision. The ground floor offers flexible commercial space with hardwood floors and garage bay access. Upstairs are two 4-bed, 1-bath units — one in livable condition, the other a full rehab with major upside. Features include a 4-car garage (needs repairs), newer main

  Derek Greene The Greene Realty Group

  24 Quail St, Albany, NY 12206
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  /35

  $339,999

  • 6 Beds
  • 4 Baths
  • 1,988 Sq Ft

  528 Madison Ave, Albany, NY 12208

  Don't miss this rare opportunity to own a vacant 4-family brownstone directly across from Washington Park in the heart of Albany's highly walkable Park South neighborhood. With over 2,900 sq ft of space-including 2,000 sq ft above grade and an additional 900 sq ft below grade-this classic property offers significant income potential and long-term equity growth. Situated steps from Albany

  Angela Gonyo WOLF RIVER REAL ESTATE LLC

  528 Madison Ave, Albany, NY 12208
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  /28

  $339,900

  • 6 Beds
  • 2 Baths
  • 1,980 Sq Ft

  19 Bonheim St, Albany, NY 12204

  Welcome Home to this charming twin-home duplex with 6 BR & 2 Full BA! Ideal for long-term investments & owner-occupants alike with side-by-side units. The market suggests a 38,000 annual gross rental. With a ''New England'' curb appeal with cedar shakes, covered front porch, this property, these townhomes are nestled on a quiet street in Menands with sidewalks to enjoy walks around the

  Katharine Knox Pelletier Sterling Real Estate Group

  19 Bonheim St, Albany, NY 12204
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  /26

  $300,000

  • 7 Beds
  • 2 Baths
  • 2,496 Sq Ft

  7 Wilbur St, Albany, NY 12202

  Huge Brick 3 unit property located in Albany's Mansion Historic District. Hardwood floors throughout 2nd and 3rd floor. Spacious layouts offering a 3 bedroom unit, a 4 bedroom unit and potential to finish the garden level unit - currently framed and is ready to be completed- electrical and plumbing roughed in.Updated doors and windows. Separately metered. Large yard. Lots to offer on a quiet

  Luke Khachadourian KW Platform

  7 Wilbur St, Albany, NY 12202
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  /40

  $239,000

  • 5 Beds
  • 2 Baths
  • 2,150 Sq Ft

  236 Quail St, Albany, NY 12203

  Welcome to this one of a kind investment property! Unique two story 4 bedroom apartment on the upper level with an expansive kitchen, open to dining area & cozy living room. Bright and spacious rooms with a lot of storage space, ideal for owner occupant or rental unit. First floor apartment has a one bedroom with hardwood flooring throughout, renovated kitchen with butcher block counter top and

  Binglin Li KW Platform

  236 Quail St, Albany, NY 12203
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  /16

  $469,900

  • 4 Beds
  • 4 Baths
  • 2,478 Sq Ft

  285.5 Hudson Ave, Albany, NY 12210

  Charming 3-family property at 285.5 Hudson Ave. in Albany's vibrant Center Square. Each unit features ample natural light and separate utilities. Garden unit currently rented for $950. Ideal for owner-occupants or investors. Prime location just steps from Washington Park, Lark Street dining, shops, and entertainment. Strong rental potential in a sought-after historic neighborhood. Recent

  John Alund Lincoln House Realty

  285.5 Hudson Ave, Albany, NY 12210
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  /30

  $434,900

  • 7 Beds
  • 3 Baths
  • 2,808 Sq Ft

  48 Ormond St, Albany, NY 12203

  Beautiful brick multi family, located in a sought-after neighborhood. Unit 1 could be used as an in-law area with separate entrance, additional family room, bedroom, laundry and bath. Unit 2 large open sunny flat, freshly painted. Seller has made great upgrades with current occupancy certificate, both units are fully rented--1st and- 2nd floor 1 year lease in place. Close to highway access and

  Paula Anne Ross Miranda Real Estate Group Inc

  48 Ormond St, Albany, NY 12203
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  /12

  $329,900

  • 6 Beds
  • 2 Baths
  • 2,312 Sq Ft

  260 Partridge St, Albany, NY 12208

  Beautifully remodeled 2 family in the heart of Pine Hills. Stainless steel appliances, solid surface countertops. In unit washer and dryer. 3 bedrooms 1 bath each apartment . Low taxes. Rents could be higher. Currently Rented for $1650 and $1700.

  Adam Gelman BA Realty Group

  260 Partridge St, Albany, NY 12208
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  /18

  $550,000

  • 8 Beds
  • 4 Baths
  • 2,808 Sq Ft

  17 Lawnridge Ave Unit 17 & 19, Albany, NY 12208

  Presenting a rare chance to acquire two interconnected single-family homes, both under the same ownership and sold exclusively as a pair. Both units are 4 bedroom, 1.5 baths. Perfect for investors or those in need of extra living space. This property provides the advantages of rental income along with the option for personal use. Seize this exceptional opportunity today! Sold as is. 17

  Tyler Fronte Vision Real Estate Services LLC

  17 Lawnridge Ave Unit 17 & 19, Albany, NY 12208
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  /19

  $265,000

  • 6 Beds
  • 2 Baths
  • 2,412 Sq Ft

  497 3rd St, Albany, NY 12206

  This turnkey investment has been well-cared for and is ready to turn a profit for its new owner. Both units have been renovated in the last two years, long term tenants in place in both units. Recession-proof cash flow in this duplex. Tenant leases to convey with the sale.Drive by only, do not disturb tenants.

  Scott Varley KW Platform

  497 3rd St, Albany, NY 12206
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  /20

  $995,000

  • 12 Beds
  • 8 Baths
  • 6,108 Sq Ft

  302 Quail St, Albany, NY 12208

  Net Operating Income of $75,000 at a 7.5% Capitalization Rate. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area

  Brian Ward Coldwell Banker Prime Properties

  302 Quail St, Albany, NY 12208
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  /15

  $249,900

  • 6 Beds
  • 2 Baths
  • 2,392 Sq Ft

  556 N Pearl St, Menands, NY 12204

  This double lot duplex in North Albany is a rare find, offering spacious units and sold together with the adjacent lots #552 & #554, perfect for parking, green space, or future possibilities. Whether you're an investor or owner occupant, this property offers flexibility, income potential, and a convenient location. Easy access to major highways, public utilities and backs up the Hackett

  Mariana DeLuca Howard Hanna Capital Inc

  556 N Pearl St, Menands, NY 12204
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  /49

  $389,000

  • 6 Beds
  • 2 Baths
  • 2,492 Sq Ft

  38 Harris Ave, Albany, NY 12208

  Fantastic investment opportunity.solid 2 family house located in a very nice area between St. Peter Hospital and Albany Medical Center. Perfect location for professional tenants working in downtown businesses, lease end on 5/1/26 and 7/1/26Open House 7/2/25, 5:30 to 6:30pm

  Ron Xiong M J J Realty

  38 Harris Ave, Albany, NY 12208

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Why Live in Albany

Albany's cultural scene centers around the iconic Empire State Plaza, where visitors can take in panoramic views from the Corning Tower Observation Deck and attend performances at The Egg's distinctive venue. The New York State Museum showcases the state's rich history through extensive exhibits, while the historic Palace Theatre hosts year-round concerts and shows. Outdoor enthusiasts can explore the unique ecosystem at Albany Pine Bush Preserve or bike along the Albany County Helderberg-Hudson Rail Trail. The restaurant scene features upscale dining at Yono's, known for Indonesian-American fusion, and 677 Prime's premium steakhouse experience.

The housing market includes diverse options across several neighborhoods. Pine Hills features single family homes with a median price of $250,000, while Loudonville's single family homes command a median price of $455,000. The median price for single family homes in Delaware Avenue is $245,000, and Buckingham Lake-Crestwood homes have a median price of $348,000. One-bedroom condos in Albany have a median price of $153,000, while two-bedroom condos have a median price of $205,000.

Albany's cost of living sits 5% above the national average. A family with school-age children needs an annual salary of $111,000 to live comfortably, while renters should aim for $60,000. The property tax rate is 1.89%, lower than nearby Troy at 2.19% and Schenectady at 2.46%. Education options include highly rated public schools like Bethlehem Central Middle School and private institutions such as The Doane Stuart School, rated A+. The city's location provides easy access to major northeastern cities, with New York City 2.5 hours away and Boston reachable in 3 hours.

Learn more about living in Albany

Home Trends in Albany, NY

On average, homes in Albany, NY sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Albany, NY over the last 12 months is $360,000, up 22% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$360,000

Median Single Family Sale Price

$365,000

Median Townhouse Sale Price

$260,000

Median 2 Bedroom Sale Price

$110,000

Median 1 Bedroom Sale Price

$110,000

Average Price Per Sq Ft

$197

Number of Homes for Sale

4

Last 12 months Home Sales

118

Months of Supply

0.40

Median List Price

$350,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

22%