Albany 5 Bedroom Properties for Sale

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Newest Albany 5 Bedroom Properties for Sale

$250,000

5 Beds ⋅ 2 Baths ⋅ 202625782 MLS

5 bedroom, 2 bath 2 story home located in the Albany School District, close to highways, restaurants, shopping, houses of worship. Some hardwood floors, fences yard, 2 car garage, off street parking

75 McAlpin Street

$329,000

5 Beds ⋅ 2 Baths ⋅ 202625545 MLS

UPPER WASHINGTON, One of Albany's most desirable areas. Two family properties rarely come for sale in Upper Washington. This home is fully vacant, updated, and made suitable for a new buyer. Front decorated flowery pathway will Welcome you to explore the rest inside. New appliances, gleaming hardwood and shiny tiled with some quality vinyl flooring and flooded with natural light make it a great home to be in. 1st FL has 3 BR, 1 bath, kitchen. 2nd FL contains 2BR, 1 Bath, Living with Dining area. An amazing bedroom in the attic will accommodate additional guests. Make it your primary or rental income property. Easily rentable for $3400/month total.

860 Washington Avenue

$187,000

5 Beds ⋅ 2 Baths ⋅ 202625412 MLS

Income-Producing Albany Duplex with Recent Updates! Excellent opportunity to own a well-maintained two-family property in Albany. The property features a spacious 3-bedroom, 1-bathroom first-floor apartment and a 2-bedroom, 1-bathroom second-floor apartment. Both apartments have been recently renovated and feature durable vinyl flooring and refreshed interiors. Each unit is currently occupied by a month-to-month tenant paying $1,200 per month. Don't miss the opportunity to add this affordable two-family property to your portfolio! Must provide 48 hour notice, tenants to provide access.

258 1st Street

$399,800

5 Beds ⋅ 3 Baths ⋅ 202625187 MLS

49 Hillcrest Ave presents an excellent opportunity in Albany's highly sought-after Eagle Hill neighborhood, conveninently bordering Western Ave.. This one-owner, up/down duplex was constructed in 1983 and offers two distinct living spaces, each with private laundry, outdoor access, and off-street parking. The spacious lower unit spans two floors and over 2000 sq. ft.- with 3 bedrooms and 2 full bathrooms. A modern townhouse-style layout features a wet bar on the lower level, spiral staircase, and separate hallway laundry. The upper unit offers 2 bedrooms and 1 full bathroom, with vaulted ceilings and skylights creating a bright, open living space. A dedicated laundry closet adds everyday convenience. Both units have interior apartment access and direct access to a multi-tiered deck, providing private outdoor space. The property includes a total of four off-street parking spaces. Both units are currently occupied by month-to-month tenants, offering flexibility for future ownership. The location is a major draw--minutes from area hospitals, UAlbany, major Capital District roadways, and directly across Western Ave from the Harriman Campus. The neighborhood is positioned for continued growth with the billion-dollar Wadsworth Laboratory project underway at Harriman. Slated to open in 2030 and projected to employ approximately 800 people, the state-of-the-art facility adds another compelling layer to an already desirable rental location. A well-positioned duplex with flexibility today and strong potential for tomorrow, this property is an excellent value add for the savvy investor and owner/occupy buyer alike! Some photos have been digitally altered for staging purposes. 24 hour showing notice required.

49 Hillcrest Avenue

$349,900

5 Beds ⋅ 2 Baths ⋅ 202624306 MLS

ATTENTION INVESTORS, INCOME PRODUCING, WELL MAINTAINED 5-bedroom, 2 Bath with 2800+ Sq ft. Sec 8 tenants paying market rents Open House Sunday (12-2pm) 8/23/2026 Both units feature their own living room, dining room, and enclosed front porch, while the 2nd fl includes an alcove, spacious primary bedroom with a walk-in closet. The home has been freshly painted and features new flooring throughout. The first floor provides a potential 4th bedroom or bonus room while still maintaining separate living and dining spaces. A clean, dry basement with washer/dryer hookups adds convenience and more storage and the backyard is also fenced in. This is a great opportunity for an investor looking for an established rental that's already generating income. Add it to your portfolio and start collecting from day one--schedule your showing today!

1 N Manning Boulevard

$250,000

5 Beds ⋅ 3 Baths ⋅ 202622293 MLS

Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!

97 3rd Avenue

$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

$293,000

5 Beds ⋅ 2 Baths ⋅ 202621819 MLS

Great investment opportunity! This well-maintained two family property offers excellent rental income potential, making it an ideal choice for investors or owner-occupants looking to offset their mortgage with rental income. Estimated rental income potential is $2,800 plus per month. Located in a desirable neighborhood just over bridge from Delmar/Bethlehem area. Close to schools, shopping and restaurants. Recent updates include brand-new front porch and a completely refreshed second floor featuring new walls and fresh paint. . This unique floor plan provides a wonderful opportunity for buyers with a vision to reimagine the space and create a layout that perfectly suits their needs. Bring your creativity and unlock the full potential of this versatile property! Minimal lawn and snow removal costs. 1 bedroom in each unit can be used aa an office.

15 Zoar Avenue

$314,900

5 Beds ⋅ 2 Baths ⋅ 202621498 MLS

Recently converted two-family home offering an excellent investment opportunity in a convenient Albany location. The first-floor unit features 2 bedrooms, while the second-floor unit offers 3 bedrooms. Recent updates include newer appliances, a beautifully renovated first-floor bathroom, updated plumbing throughout, and polished hardwood floors. The property is fully leased, providing immediate rental income. Conveniently located near shopping, dining, schools, public transportation, and major highways. OPEN HOUSE 7/11 12-1

212 Ontario Street

$115,000

5 Beds ⋅ 2 Baths ⋅ 202619823 MLS

Motivated seller- Bring your best offer and creative idea to this project. Handyman Special in the Heart of Albany! Opportunity awaits with this brick multifamily property located in Albany School District. This investor special offers tremendous potential for investors, contractors, flippers, or owner-occupants looking to build equity. The property requires a complete rehabilitation and is being sold as-is. Cash offers only. An additional adjacent lot is included in the sale, located right next door. This extra parcel offers great potential for additional off-street parking or with Town/City approval, the possibility of a buildable lot- a valuable bonus with plenty of options for the new owner. Featuring a brick exterior and a prime location close to major highways, public transportation, shopping, restaurants, schools, hospitals, and downtown Albany amenities, this property presents an excellent value-add opportunity. Low taxes help maximize future investment potential. Bring your vision, tools, and creativity to transform this multifamily property into a strong income-producing asset or long-term investment. Rare opportunity to purchase a fixer-upper in a convenient Albany location with endless possibilities. Don't miss your chance to unlock the potential this property has to offer!

13 Lexington Avenue

$299,000

5 Beds ⋅ 3 Baths ⋅ 202619806 MLS

Beautifully Renovated 5-Bedroom Albany Home with Modern Updates and Timeless Charm! Welcome to 2 Manning Square, a beautifully renovated home that seamlessly blends classic character with modern conveniences. Offering 5 spacious bedrooms and 2.5 bathrooms, this move-in-ready property provides an abundance of space for comfortable living, entertaining, and working from home. Step inside to find a bright and inviting interior featuring fresh updates throughout, including stylish finishes, updated flooring, modern lighting, and refreshed kitchen and bath spaces. The spacious living and dining areas create a warm and welcoming atmosphere, perfect for hosting family gatherings or enjoying everyday life. The flexible floor plan offers plenty of room for a growing household, guest accommodations, or dedicated home office space. Outside, enjoy a manageable yard with space for outdoor relaxation, gardening, or summer barbecues. The home's attractive curb appeal and recent improvements make it a standout opportunity for buyers seeking both value and convenience. Ideally located near downtown Albany, major highways, public transportation, schools, shopping, restaurants, hospitals, and parks, this home provides easy access to everything the Capital Region has to offer. Whether you're a first-time homebuyer, upgrading to more space, or looking for a turnkey investment property, 2 Manning Square is ready for its next owner. Don't miss this opportunity to own a beautifully updated home that combines space, style, and convenience in one of Albany's most accessible locations. Schedule your private showing today and see all that this exceptional property has to offer!

2 Manning Square

$230,000

5 Beds ⋅ 3 Baths ⋅ 202618219 MLS

.Calling all investors! Great opportunity to add to your portfolio Down stairs ( basement) 1 bedroom, 1 bath. Apt 2 -2 story with 1 bedroom on 1st floor and 3 bedrooms upstairs and 2 bathrooms . Separate utilities. Great income potential.

318 1st Street

$110,000

5 Beds ⋅ 2 Baths ⋅ 202617184 MLS

Back on Market Pending Releases. Handyman special duplex offering tremendous investment potential. Property requires total renovation and is being sold as-is. Situated on a large lot with off-street parking and gated driveway. Excellent opportunity for investors, contractors, or buyers looking to restore and add value.

221 Livingston Avenue

$290,000

5 Beds ⋅ 3 Baths ⋅ 202616892 MLS

This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants -- ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.

446 2nd Avenue

$584,000

5 Beds ⋅ 3 Baths ⋅ 202616473 MLS

Unique Tudor style townhouse in Albany's historic Center Square neighborhood! First floor features gracious entry, formal living and dining rooms with original built-ins, updated kitchen with solid surface countertops, and glass garden room that can be used in a variety of ways. 2nd and 3rd floors have 5 spacious bedrooms and 2 full baths. Walk-up attic is great for storage. Mini-splits (A/C & heat) on each floor Multi-tiered deck overlooks perennial garden. Taxes do not reflect a STAR exemption.

140 Chestnut Street

$189,900

5 Beds ⋅ 2 Baths ⋅ 202615982 MLS

Opportunity awaits in Albany with this spacious 3-level brick home offering 5 bedrooms, 1.5 baths and more than 2,500 sq ft of living space. The flexible layout features generously sized rooms, original character and a lower level that has recently been refreshed with fresh paint and new flooring. The lower level also includes an existing kitchen area and offers additional usable space with potential for future income-producing use, subject to City of Albany zoning, permitting and code approvals. Zoned R-2B; buyers should independently verify allowable use and conversion requirements with the City of Albany. Conveniently located near downtown Albany, major highways and ongoing neighborhood investment. A great opportunity for an owner-occupant or investor looking to build equity and make this property their own. Sold as-is.

146 Lark Street

$435,000

5 Beds ⋅ 4 Baths ⋅ 202614240 MLS

Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany. With its classic architecture, tree-lined streets, and walkable lifestyle, Center Square consistently attracts strong rental demand from professionals, students, and long-term tenants alike. Currently configured as four separate living spaces, the property is legally zoned for three units. The upstairs unit has been thoughtfully divided into two distinct apartments, delivering immediate owner occupancy or additional income potential. One of these upstairs spaces is non-conforming, but the City of Albany's recent declaration of a housing crisis and its streamlined ADU (Accessory Dwelling Unit) approval process open a possible path for the new owner to legalize the second upstairs unit and maximize returns. Whether you're expanding your portfolio or making Center Square your home while generating income, this property delivers location, income, and upside potential in one of Albany's most desirable historic districts.

138 Lancaster Street

$249,999

5 Beds ⋅ 2 Baths ⋅ 202613250 MLS

*BACK ON MARKET PENDING RELEASES - Buyer could not obtain financing at no fault of seller* A spacious and charming townhouse style home nestled in the heart of Albany. This 5-bedroom, 2-bathroom gem is a perfect blend of comfort, style, and modern updates. Situated in a tranquil and quiet neighborhood, this residence offers a serene retreat while being conveniently close to local amenities. Step inside, and you'll be greeted by the spacious living room/dining room and beautifully updated kitchen, boasting modern appliances (stainless steel fridge and stove to be installed soon) and ample cabinet space. The main floor also features a full bathroom for added convenience. Upstairs, you'll find three comfortable bedrooms and a second full bath, while the third floor offers two additional bedrooms, perfect for guests, a home office, or flex space. Recent updates include several brand new windows, new stainless steel appliances, new furnace, fresh sheetrock, paint, and luxury vinyl plank flooring throughout. Outside, enjoy a large backyard ideal for entertaining, gardening, or relaxation, plus the bonus of off-street parking.

29 S Pine Avenue

$274,900

5 Beds ⋅ 2 Baths ⋅ 202613146 MLS

Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

511 Morris Street

$100,000

5 Beds ⋅ 2 Baths ⋅ 202611475 MLS

Investor opportunity in Albany's West Hill neighborhood. This 5-bedroom, 2-bath duplex was built in 1888 and offers approximately 2,776 sq ft of living space on a 0.07-acre lot. The property provides strong potential for renovation and income production in an established urban location close to downtown Albany, major employment centers, and transportation. Property is being sold at auction.

290 3rd Street

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