Albany, OR Multifamily Homes & Duplexes for Sale

/32
$850,000
- 8 Beds
- 4 Baths
- 3,120 Sq Ft
2448 SE Sherman (-2500) St, Albany, OR 97322

Take advantage of this rare investment opportunity of two duplexes right next to each other, fully rented ensuring immediate rental income. One duplex has been fully updated, while the other one is in great condition, each featuring durable vinyl windows. All four units boast similar wood beam ceilings, adding character and charm to the living spaces. Each unity comes with a one-car garage,

Janel Hoffmann JMG JASON MITCHELL GROUP

2448 SE Sherman (-2500) St, Albany, OR 97322
/22
$540,000
- 6 Beds
- 2 Baths
- 2,124 Sq Ft
464 30th Ave SE, Albany, OR 97322

Great investment property!! Both units are 3 bedroom with 1 bath. Well maintained duplex conveniently located with quick access to schools and shopping. Currently at below market rents. Do not disturb tenants. Contact listing broker for showings.Join us for the Open House on Saturday April 12 from 1:00-3:00 pm

QUINTON HAMEL NORTHBRIDGE REALTY

464 30th Ave SE, Albany, OR 97322
/10
$400,000
- 4 Beds
- 2 Baths
- 1,664 Sq Ft
2480 Sherman (-2500) St SE, Albany, OR 97322

This charming duplex presents a fantastic investment opportunity with long-term tenants already in place, ensuring steady rental income. The property features vaulted wood beam ceilings that add character. One side of the duplex is equipped with a gas fireplace, while the other boasts a cozy wood stove, offering unique living experiences for each tenant. Additionally, each unit comes with washer

Janel Hoffmann JMG JASON MITCHELL GROUP

2480 Sherman (-2500) St SE, Albany, OR 97322
/50
$517,000 Open Sat 11AM - 1PM
- 4 Beds
- 2 Baths
- 2,176 Sq Ft
225 Calapooia (-227) St SW, Albany, OR 97321

Find charm of yesteryear w/modern convenience & function. This 4BR/2BA home is set up for dual living. Full kitchens on both floors along w/gas fireplaces & sep. electrical meters & addresses. 3BR/1BA on the main floor & 1BR/1BA in the fully finished basement with it's own private entry fm outside, fully fenced. Great usage options! New egress window/window well installed in lower BR. Refer to

Kristin Smith KELLER WILLIAMS REALTY -ALBANY

225 Calapooia (-227) St SW, Albany, OR 97321
/25
$465,000
- 4 Beds
- 2 Baths
- 1,456 Sq Ft
2448 Sherman (-2450) St SE, Albany, OR 97322

Perfect for owner occupied, tenant only needs 30 day notice. All the hard work has been done! These 2 bed, 1 bath units have just been updated with new LVP flooring, carpet in bedrooms, kitchen & bath countertops, vinyl windows and interior paint. Ample parking in the driveway, 1 designated space and a 1 car garage with washer/dryer hookups. Set back off the street for some privacy. Owner pays

Janel Hoffmann JMG JASON MITCHELL GROUP

2448 Sherman (-2450) St SE, Albany, OR 97322

Oregon Albany

About Albany

The storied architecture in Albany offers a glimpse inside the Gilded Age of the Pacific Northwest. In Downtown Albany, colorful Victorian houses and Italianate-style buildings blend old-world charm with modern America. The Willamette River flows through the city center, feeding the valley's agriculture that lends to its culinary reputation, as restaurants pride themselves on serving locally sourced wine and fresh produce. From annual festivals to trendy attractions, this city of 58,000 is developing a unique culture around its ancient riversid ...

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Home Trends in Albany, OR

On average, homes in Albany, OR sell after 63 days on the market compared to the national average of 47 days. The average sale price for homes in Albany, OR over the last 12 months is $475,150, up 2% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$439,000

Median Single Family Price

$451,000

Median Townhouse Price

$374,900

Median 2 Bedroom Price

$275,000

Average Price Per Sq Ft

$286

Number of Homes for Sale

134

Last 12 months Home Sales

831

Months of Supply

1.90

Median List Price

$457,900

Median Discount From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Albany, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $400,000 to $850,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Albany is $457,900, while the average sale price is $475,150, offering insights into the local housing market. On average, multi-family homes spend 63 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Albany, OR.

Albany Types of Homes for Sale

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