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Albany, NY Multifamily Homes & Duplexes for Sale

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  • /27

    $4,900,000

    • 41 Beds
    • 41 Baths
    • 101,730 Sq Ft

    99 Pine St, Albany, NY 12207

    REDUCED PRICE! Open to offers! This is a truly one of a kind property situated in the heart of Downtown Albany! Have the chance to own this high end building outfitted with 41 luxury residential units, and 21 commercial spaces. 96 Walk Score; close to every need for prospective residents and those wanting to work directly Downtown Albany. Apartments are furnished with beautiful custom kitchens,

    Sage Baltrusaitis Hunt ERA

    99 Pine St, Albany, NY 12207
  • /28

    $359,900

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

    19 Bonheim St, Albany, NY 12204

    Attention Investors! Side-by-Side Duplex with 6 BR & 2 BA. Presenting a ''New England'' curb appeal with charming cedar shakes, covered front porch, white trimmed windows, this property is beautiful and perfect for investors & owner occupants alike. Quiet street with sidewalks. Both units have back decks and a fenced-in yards! Separate utilities and separately deeded for more flexibility. Current

    Katharine Knox Pelletier Sterling Real Estate Group

    19 Bonheim St, Albany, NY 12204
  • /21

    $385,000

    • 6 Beds
    • 2.5 Baths
    • 2,640 Sq Ft

    49 Forest Ave, Albany, NY 12208

    Excellent 2-unit apartment building on a quiet street five blocks from Albany Medical Center and the University of Albany Law School. Each unit has three bedrooms and a bathroom (1st floor also has a 1/2 bathroom). Sunny kitchens, large living rooms, and front enclosed porches. Two washers & two dryers in the basement. Large open attic. Detached 2-car garage with two overhead doors. Large front

    Cory Tyksinski NAI Platform LLC

    49 Forest Ave, Albany, NY 12208
  • /18

    $219,900

    • 2 Beds
    • 1 Bath
    • 1,924 Sq Ft

    497 Washington Ave, Albany, NY 12206

    Rare opportunity for a true turnkey investment. Enjoy the best of both worlds with this mixed-use building. The property consists of both residential and commercial space. The 2nd floor unit consists of 2-bedroom 1 bathroom residential apt which is currently leased through May 2025. The first-floor unit is a local tavern. Close to SUNY Albany downtown campus, Washington park and is conveniently

    Elizabeth Danni HS Capital Realty LLC

    497 Washington Ave, Albany, NY 12206
  • /35

    $324,999

    • 5 Beds
    • 4 Baths
    • 1,994 Sq Ft

    528 Madison Ave, Albany, NY 12208

    Fantastic investment opportunity! This brick 4-family is just a 5-minute walk to Albany Medical Hospital and College, with Albany Law School, VA Hospital, and Washington Park all within 0.25 miles, ensuring high rental demand. The property boasts large windows that bring in tons of natural light and high ceilings that enhance the spacious feel of each unit.Completely cleaned out and ready

    Angela Gonyo Wolf River Real Estate, LLC

    528 Madison Ave, Albany, NY 12208
  • /30

    $439,900

    • 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
  • /5

    $119,900

    • 4 Beds
    • 2 Baths
    • 1,852 Sq Ft

    478 3rd St, Albany, NY 12206

    WELCOME TO YOUR NEXT INVESTMENT PROPERTY. ROP'S ARE IN PLACE AND PROPERTY IS FULLY RENTED. BOTH TENANTS ARE MONTH TO MONTH. BOTH UNITS ARE 2 BEDROOMS ONE BATH WITH LIVING ROOM AND EAT IN KITCHEN. BASEMENT WAS A UNIT AND COULD BE AGAIN WITH PROPER VARIANCE. HUGE REAR YARD FOR GET TOGETHERS AND RELAXING.

    Jerome Newkirk Revision Real Estate

    478 3rd St, Albany, NY 12206
  • /26

    $160,000

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

    409 Elk St, Albany, NY 12206

    Attention investors! This spacious 3-over-2 duplex is vacant and ready for your finishing touches. Key updates have already been completed, including new windows, updated bathrooms, fresh kitchen flooring, and new electrical. What's left to do? Install new kitchen appliances, a water heater, and a boiler to bring this property to its full potential.

    Andrea Tallman KW Platform

    409 Elk St, Albany, NY 12206
  • /39

    $249,000

    • 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 with tons of storage, 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 pantry.

    Binglin Li KW Platform

    236 Quail St, Albany, NY 12203
  • /40

    $650,000

    • 10 Beds
    • 4 Baths
    • 5,250 Sq Ft

    173 Madison Ave, Albany, NY 12202

    Prime Investment Opportunity at 173 Madison Avenue!Step into a seamless income-generating asset with this fully furnished 4-unit property, featuring 10 bedrooms, long-term stable tenants in 3 units, and a successful short-term rental in the 4th. This turnkey property is ideally located minutes from Empire Plaza and the Capitol, ensuring high rental demand year-round. Enjoy added

    Andrea Tallman KW Platform

    173 Madison Ave, Albany, NY 12202
  • /59

    $250,000

    • 6 Beds
    • 2 Baths
    • 2,152 Sq Ft

    487 Hamilton St, Albany, NY 12203

    Great 2 Family in a high demand student rental area! 3 Bedrooms, 1 Bathroom each unit with separate utilities! Perfect for investors! Hardwood floors, ceramic tile showers, two washers, two dryers, large closets, and clean basement! Basement also includes separate storage units for both tenants. Brand new boiler 2/24/25! 1 new hot water tank!

    Ali Caruso Signature One Realty Grp, LLC

    487 Hamilton St, Albany, NY 12203
  • /14

    $69,900

    • 4 Beds
    • 2 Baths
    • 1,540 Sq Ft

    201 Catherine St, Albany, NY 12202

    *****All Investors! All Future Homeowners! ***** Welcome To Your 1540 Sq Ft Duplex . This 2 Family Dwelling Has A Walk Out Basement With A Backyard. You Have Storage Space All Throughout The House And Much More. Located Near Albany Med And Lincoln Park. This House Needs Rehab. Cash. As Is. Assignment Of Contract

    Amjad Mughal MJJ Realty

    201 Catherine St, Albany, NY 12202
  • /30

    $139,999

    • 6 Beds
    • 3 Baths
    • 4,000 Sq Ft

    44 Alexander St, Albany, NY 12202

    Attention investors and developers! Presenting 44 Alexander Street, Albany, NY 12202, a prime multi-family investment opportunity in Albany's rapidly developing South End. This triplex is gutted and ready for a full renovation, offering a blank canvas to transform into a high-income rental property or a stunning owner-occupied residence with additional rental income.This property is

    Abdulai Mohamed Kearney Brown Realty

    44 Alexander St, Albany, NY 12202
  • /29

    $124,999

    • 6 Beds
    • 2 Baths
    • 2,944 Sq Ft

    243 Northern Blvd, Albany, NY 12210

    Handyman Job !! Attention Investors ! Looking to start or add to your business portfolio this is a must see 2nd floor had a small fire in the kitchen area property being sold as is price reflect the condition Once completed this will be a nice 2 family home with off-street parking CASH BUYERS ONLY.SOLD AS IS. FIRE DAMAGE PROPERTY.

    Shawn Clark MJJ Realty

    243 Northern Blvd, Albany, NY 12210
  • /7

    $700,000

    • 20 Beds
    • 13 Baths
    • 10,816 Sq Ft

    227 S Swan St, Albany, NY 12202

    7 properties being sold as a package, 14 units total, please note that these properties are contingent on being sold together and cannot be sold separately. The properties consist of 5 duplexes, 1 triplex, and 1 single-family property, all 100k per. Addresses include 561 2nd St, 581 2nd St, 555 3rd St, 559 3rd St, 49 Ontario St, 227 S Swan St, 14 Cuyler St. Most of them need work. All being sold

    Samantha Curry New Scotland Realty

    227 S Swan St, Albany, NY 12202
  • /30

    $199,999

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft

    246 1st St, Albany, NY 12206

    Charming Multi-Family Duplex in Albany, NY - Prime Location! This well-maintained multi-family duplex in the heart of Albany offers a fantastic investment opportunity or an ideal owner-occupied home. Each floor features 2 cozy bedrooms and 1 full bathroom, newly renovated, all new appliances and providing comfortable living spaces with great natural light. Located in a desirable neighborhood,

    Stephanie McKinney eXp Realty

    246 1st St, Albany, NY 12206
  • /39

    $399,000

    • 10 Beds
    • 2 Baths
    • 2,640 Sq Ft

    397 Clinton Ave, Albany, NY 12206

    Freshly painted and updated flooring. Possibility for garden floor apartment and commercial space with variance.

    T Michael Ferrigan Gabler Realty, LLC

    397 Clinton Ave, Albany, NY 12206
  • /47

    $349,900

    • 6 Beds
    • 2.5 Baths
    • 2,622 Sq Ft

    59 Clinton St, Albany, NY 12202

    This versatile 2-family home is perfect for owner-occupants or investors! The first-floor unit offers 1 bd, a full bath, a designated dining area open to the living room, and a functional layout filled with charm. The second unit spans the 2nd & 3rd floors, featuring a modern kitchen with quartz countertop island seating, SS appliances flowing into the open dining area & abundant living space. 2

    Annabelle Conover KW Platform

    59 Clinton St, Albany, NY 12202
  • /45

    $700,000

    • 8 Beds
    • 5 Baths
    • 4,608 Sq Ft

    552 Madison Ave, Albany, NY 12208

    **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

    Samantha Curry New Scotland Realty

    552 Madison Ave, Albany, NY 12208
  • /16

    $335,000

    • 6 Beds
    • 3 Baths
    • 2,584 Sq Ft

    544 Washington Ave, Albany, NY 12203

    PRICE IMPROVEMENT! UPDATED, NEW ROOF WITH 10 YEAR WARRANTY! FULLY RENTED WITH LONGER TERM TENANTS, FENCED OFF STREET PARKING OR CONVERT TO A GARDEN AREA- NOTHING TO DO BUT START MAKING MONEY!Large double lot in a good location -convenient to everything. Close to UAlbany and downtown. Off street secure parking. Newer furnace and hot water tank Fully rented! Showings very

    Michael Pandolfo Miranda Real Estate Group, Inc

    544 Washington Ave, Albany, NY 12203
  • /16

    $799,900

    • 11 Beds
    • 9 Baths
    • 6,100 Sq Ft

    500 Park Ave, Albany, NY 12208

    IDEAL location! Corner of South Lake and Park Avenues. Steps to Albany Med, Albany Law, Albany pharmacy and more. 8 occupied apartments. Potential for 9th apt. or more. 3 car garage and 6+ parking spaces, room for more. Rents should be higher. All rents include heat, hot water, grounds maintenance, sewer, water, snow removal and trash. Tenants pay for electric and cooking gas. NEW roof! Several

    Carmella Richards CM Fox Real Estate

    500 Park Ave, Albany, NY 12208
  • /13

    $198,000

    • 5 Beds
    • 3 Baths
    • 2,543 Sq Ft

    438 Clinton Ave, Albany, NY 12206

    Price Improvement! Amazing investment opportunity! Calling all investors or homeowners. This three-family brownstone is perfect as an owner-occupied home. Live in one unit and have your tenants help you pay your bills. As an investor, this is a great property to add to your portfolio. This home features two one-bedroom units, and one three-bedroom duplex. Tenants pay their own utilities

    Louise Del Giudice Century 21 Marciano

    438 Clinton Ave, Albany, NY 12206
  • /32

    $339,000

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

    428 Hudson Ave, Albany, NY 12203

    A rare investment opportunity in the desirable Pine Hills neighborhood! This well-maintained 4-unit property is just a short stroll from Washington Park. The building features a versatile floor plan with one 2-bedroom, 1-bathroom unit and one 1-bedroom, 1-bathroom unit on each floor. Gas and electric included in rents. Street parking is available for tenants. Located only a 16-minute walk to the

    Samantha Curry New Scotland Realty

    428 Hudson Ave, Albany, NY 12203
  • /44

    $731,000

    • 7 Beds
    • 7 Baths
    • 3,496 Sq Ft

    578 Madison Ave, Albany, NY 12208

    Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!

    Mary Jo Cosco Real Estate Source, Inc.

    578 Madison Ave, Albany, NY 12208
  • /22

    $540,000

    • 12 Beds
    • 6 Baths
    • 8,820 Sq Ft

    40 Ontario St, Albany, NY 12206

    Income-producing 6-unit brick building in the heart of Albany! Fully rented and generating nearly $6,000/month in gross income, this property offers a solid investment opportunity. Low-maintenance brick exterior, long-term tenants, and prime location close to amenities, public transportation, and downtown. Don't miss this turnkey cash-flowing gem!*Property includes two parcels 40 & 42

    George Mossad Coldwell Banker Prime Properties

    40 Ontario St, Albany, NY 12206
  • /20

    $12,900,000

    • 42 Beds
    • 77 Baths
    • 57,955 Sq Ft

    160 Myrtle Ave, Albany, NY 12202

    Seventy-seven (77) unit multifamily investment opportunity located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol, Empire State Plaza, Lark Street and so much more! Historic brewery completely gut renovated five years ago (2019). Everything is new with no deferred maintenance. Fifty-three (53) vehicle on-site surface parking. On-site amenities

    Rudy Lynch Carrow Real Estate Services LLC

    160 Myrtle Ave, Albany, NY 12202
  • /69

    $785,000

    • 10 Beds
    • 8.5 Baths
    • 4,175 Sq Ft

    199 New Scotland Ave, Albany, NY 12208

    199 New Scotland is a beautifully updated 5 unit mixed-use building located on the corner of New Scotland Ave & Woodlawn Ave with amazing curb appeal! This property has a full parking lot with numbered tenant spaces, freshly inspected by code enforcement with new certificates of occupancy from the City of Albany, and 6 ready-to-rent units that have all been updated for the new owner to rent

    Andrew Worgan Monticello L.R.E.B.

    199 New Scotland Ave, Albany, NY 12208
  • /6

    $645,000

    • 14 Beds
    • 6 Baths
    • 3,700 Sq Ft

    518 Hudson Ave, Albany, NY 12203

    *All Investors! All Future Homeowners!*We Are Excited To Present 518 Hudson Ave - A Property Located In The Heart Of College Town. This Impressive Property Features:6 Units (4 Br, 3Br, & 1 Br Configuration)12 Car Parking Lot In The Back Of This ParcelEnclosed Trash Area For TenantsLow Rents, Which Can Be Increased(Utilities Are Included In Rent,

    Amjad Mughal MJJ Realty

    518 Hudson Ave, Albany, NY 12203
  • /17

    $195,900

    • 6 Beds
    • 2 Baths
    • 2,328 Sq Ft

    219 1st St, Albany, NY 12210

    This well-maintained 2-family property offers a fantastic investment opportunity with steady rental income. Both units are fully rented with long-term tenants providing a reliable cash flow. Each unit features 3 bedrooms and 1 full bathroom and plenty of living space. Don't miss this one!

    Donna Clanton Venture Realty Partners

    219 1st St, Albany, NY 12210
  • /11

    $699,900

    • 3 Beds
    • 3 Baths
    • 3,636 Sq Ft

    57 Dove St, Albany, NY 12210

    Multi Use Building with first floor commercial space and three full floor apartments above. A Studio, a One Bedroom and a Two Bedroom apartment. The building was renovated in 2006, with modern updates, including high efficiency forced air heat and air condition in each residential unit. Rents are under market rates. The Laundry has been closed for 3+ years. Tenants pay heat, hot water,

    Michael Heinel Old Albany Real Estate LLC

    57 Dove St, Albany, NY 12210
  • /16

    $495,000

    • 5 Beds
    • 8 Baths
    • 3,843 Sq Ft

    103 Columbia St, Albany, NY 12210

    Great location with lots of potential. Former 8-unit has been demoed down to the studs and is approved with the City of Albany for 8 remodeled units. Perimeter wall framing and structural CMU work recently completed. Designed for (3) studios, (2) one-bedroom, and (3) two-bedroom units, or make it your own project. Separate electric meters. Right next to Academy Park. Close proximity to state

    Jamie Brayton Rooted Property Group LLC

    103 Columbia St, Albany, NY 12210
  • /34

    $499,898

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

    285 Lark St, Albany, NY 12210

    Great opportunity to owner occupy or add to your investment portfolio. This historical brick brownstone building offers 3 units that are all over 1000 square feet. Great views from the 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 of

    Brian Ward Coldwell Banker Prime Properties

    285 Lark St, Albany, NY 12210
  • /12

    $5,600,000

    • 28 Beds
    • 28 Baths
    • 24,440 Sq Ft

    30 Pine Ln, Albany, NY 12203

    NEW PRICE on this Rare opportunity to own a new luxury 24 unit Apartment building in prime location. Walking distance to Crossgates Mall, SUNY, Nano, highways and more. 20 one bed, one bath units and 4 two bed, two bath units. All units have walkout patios or balconies, laundry in unit and communal gym on 2nd floor. Professional management in place and willing to stay on. Step into this prime

    Pete Tryon Blue House Companies

    30 Pine Ln, Albany, NY 12203
  • /18

    $450,000

    • 8 Beds
    • 2 Baths

    45 S Pine Ave, Albany, NY 12208

    NEWLY RENOVATED 4BR UALBANY/SAGE/SAINT ROSE - Newly renovated - 2 units - 4 bedroom, 1 bathroom apartment. This unit features beautiful finishes throughout the apartment. New stainless steel appliances, hardwood floors, and a washer/dryer. Great investment property.

    Linda Chiou GROUP TWENTY SIX NY LLC

    45 S Pine Ave, Albany, NY 12208
  • /12

    $425,000

    • 8 Beds
    • 2 Baths

    497 Yates St, Albany, NY 12208

    497 Yates St is a 2,068 square foot multi-family home on a 2,790 square foot lot with 8 bedrooms and 2 bathrooms.Great investment property.

    Linda Chiou GROUP TWENTY SIX NY LLC

    497 Yates St, Albany, NY 12208
  • /11

    $425,000

    • 8 Beds
    • 2 Baths

    1 Kent St, Albany, NY 12206

    1 Kent St offers 2 x 4 bedroom rentals starting at $1800/month. 1 Kent St is located at 1 Kent St, Albany, NY 12206. Great student rental property! Paved lot in back fits 3-4 cars.

    Linda Chiou GROUP TWENTY SIX NY LLC

    1 Kent St, Albany, NY 12206
  • /19

    $310,000

    • 7 Beds
    • 2 Baths

    508 Morris St, Albany, NY 12208

    Continue onto Washington Ave0.6 miKeep left to stay on Washington Ave0.3 miContinue onto Western Ave0.7 miTurn left onto Ontario St0.3 miTurn right onto Morris St Destination will be on the left358 ft508 Morris StAlbany, NY 12208

    Linda Chiou GROUP TWENTY SIX NY LLC

    508 Morris St, Albany, NY 12208
  • /2

    $299,000

    • 6 Beds
    • 3 Baths
    • 1,680 Sq Ft

    4 New Scotland Ave, Albany, NY 12208

    Three family and Two lots available on New Scotland Ave near Albany Medical Center and Washington Park. Next to the hospital's billion dollar expansion, the new YMCA, CVS, Baldini's, Chipotle, Starbuck's and Panera. Residential or commercial opportunity or both. 365 new apartment across the street at premium rents. Off street parking. Unique opportunity.

    Michael McGovern NAI Platform LLC

    4 New Scotland Ave, Albany, NY 12208
  • /2

    $59,900

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft

    477 2nd St, Albany, NY 12206

    Opportunity awaits with this Albany fixer-upper! This home is ready for your vision—a total rehab perfect for investors, flippers, or buyers looking to add their own touch. Featuring a new roof and endless potential, this property offers the chance to create something truly special. Whether you're looking to renovate and resell or customize your dream home.

    Paul Friello Coldwell Banker Prime Properties

    477 2nd St, Albany, NY 12206

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