Albany Real Estate | Albany Properties between $250,000 and $300,000 for Sale

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

$264,900

4 Beds ⋅ 2 Baths ⋅ 202625759 MLS

*SHOWINGS START FRIDAY* Are you looking for a home with timeless charm and endless potential? If so, welcome to 919 Myrtle Avenue in the heart of the Pine Hills neighborhood. This Single Family spacious 2,126-square-foot Dutch Colonial home is brimming with incredible charm and is situated on a 0.14-acre corner lot surrounded by mature trees and plantings. Built in 1914, it showcases 4 bedrooms and 1 1/2 bathrooms. It also features 3 exquisite French doors leading to a beautiful patio. The home has architectural molding, built-in bookcases, and a cozy fireplace that serves as the centerpiece of the home. Rich in history and craftsmanship, you'll appreciate the beautiful hardwood floors throughout, a beautiful foyer with a spindle staircase leading to a lovely large window that fills the space with abundant natural light. This beloved home is situated just minutes away from shopping, hospitals, popular eateries, and schools. This house presents a wonderful opportunity for buyers to update, personalize, and build equity while preserving the architectural details and enduring craftsmanship that makes this home truly unique. If you've been searching for a home with history and extraordinary potential, this is your opportunity to become its next owner and bring it back to its former glory. This home also features a 13 x 20 primary bedroom with 4 closets, a 17 x 28 living room with a wood burning fireplace, and is situated on a fenced corner lot. Come see this gem before it's gone!

919 Myrtle Avenue

$280,000

6 Beds ⋅ 2 Baths ⋅ 202625737 MLS

Solid Brick 2-Family in Albany's Delaware Neighborhood! Don't miss this excellent opportunity to add a well-maintained two-family property to your rental portfolio. Situated on a quiet residential street, this solid brick home features a brand-new roof and spacious apartments with hardwood flooring throughout. The first-floor unit is currently vacant, offering flexibility for an owner-occupant or an investor looking to establish their own rental income. Both units feature separate utilities, with laundry available in the basement. Street parking is available. Agent is part owner. For first showing, only vacant unit is being shown, offers can be written on walk through of both units. The layouts are exactly the same and there is a 3D tour available.

29 Bertha Street

$260,000

6 Beds ⋅ 2 Baths ⋅ 202625701 MLS

Solid Brick 2 Family in the Heart of Albany - both floors currently rented - all separate utilities - 2 Brand new On Demand Heating / Hot Water Systems - nice backyard great for barbeques.

625 Clinton Avenue

$250,000

6 Beds ⋅ 2 Baths ⋅ 202625698 MLS

OPEN HOUSE SUNDAY, 10:00 AM-12:00 PM! Turnkey, income-producing two-family offered at $250,000 with six total bedrooms and $2,900 per month in combined gross rental income. Unit 1 currently rents for $1,400 per month, while Unit 2 rents for $1,500. Both units are tenant occupied on month-to-month agreements, offering flexibility for future ownership plans subject to applicable notice requirements and legal requirements. Both units have been updated, providing comfortable living spaces with limited near-term improvement needs. The front portion of the roof was recently updated, while the rear portion is approximately three to four years old. Additional features include a private driveway and basement storage. An attractive opportunity for investors looking to expand their portfolio or enter the Albany multifamily market with an already-operating rental property. Rent information and available property documentation may be requested from the listing agent. Owner occupancy may be possible in the future, subject to existing tenancy and applicable requirements. Outside of the open house, showings are by confirmed appointment only. Please do not disturb tenants. Buyer to verify rental income, tenancy terms, expenses, property information and permitted use.

4 Wilkins Avenue

$289,000

2 Beds ⋅ 1 Baths ⋅ 202625555 MLS

**OPEN HOUSE SUNDAY 9/13/26 12PM-2PM**If a house was the Definition of Move-in-Ready, this would be the one! Updated and Modernized 2 Bed 1 Bath Solid Brick Ranch in a fantastic Location! Located in the South Colonie Schools, This home is completely turn-key! Features and Updates: Central Vacuum! Detached 1-car Garage, New roof in 2013, New Full house Gutters 2013, New Attic Exhaust Fan, New triple pane windows with transferable warranty to new owner, New driveway in 2020, New kitchen in 2013, Updated plumbing,Updated electrical,New sewer line in 2025, Basement Waterproofing with French drain and sump pump in 2024,New heating system in 2025, Freshly painted in 2024, Newer Back deck, Newer siding on garage,New springs on garage door,New sidewalk in the front and landscaping, Remodeled Bathroom including heated fan for those cold winter days,Ceramic tile floors in kitchen and bathroom, Basement remodeled in 2024 adding a Bonus room! High-End Rennai HW Heat/Hot Water System, HW Flooring in Living Room/Hallway/Bedrooms. Home has a Lovely Backyard with a Premium Vinyl Fence, Large side yard give a Double-Lot Feel. Don't miss this awesome house and all it has to offer!

11 Washington Avenue

$259,900

4 Beds ⋅ 2 Baths ⋅ 202625481 MLS

Welcome to this spacious Terrace Ave home, conveniently located near colleges, restaurants, shopping and Albany's many amenities. This character-filled property features hardwood floors throughout, custom trim work, generously sized bedrooms, a spacious living room, formal dining room, one full and one half bath, and additional attic space. Exterior features include a large enclosed front porch, freshly painted rear deck, backyard, narrow driveway, and detached two-car garage. The home could benefit from some updating but offers tremendous potential and is priced competitively for buyers looking to make it their own. A great opportunity to own a spacious home in a convenient location!

35 Terrace Avenue

$285,000

3 Beds ⋅ 2 Baths ⋅ 202625046 MLS

Conveniently located near Albany Medical Center and St. Peter's Hospital, with the University at Albany just minutes away. This well-maintained three-bedroom, 1½-bath home in Winchester Gables offers comfortable living spaces and thoughtful updates. Enjoy the privacy of an oversized back porch, perfect for relaxing or entertaining, and unwind by the fireplace in the expanded living room. The updated kitchen features new stainless-steel appliances purchased this year. With its desirable location, spacious living areas, and move-in-ready condition, this home offers excellent value for today's buyer.

892 Warren Street

$299,500

6 Beds ⋅ 3 Baths ⋅ 202624914 MLS

GREAT INVESTMENT opportunity in the heart of Albany! This versatile three unit property features two upper level 1-bedroom, 1-bathroom spaces and a spacious 1st floor unit with 3 bedrooms which includes, 1-bath and a 4th room which could be an office or used as a 4th bedroom. There are two updated basement entrances. There is a coin-operated washing maching for convenience, as well. Property is located near schools, colleges, shopping and churches. The basement offers additional potential for income-producing space or any creative expansion. Bathroom in basement. Two newer water heaters.

16 Benson Street

$265,000

4 Beds ⋅ 3 Baths ⋅ 202624575 MLS

Open House, Sunday September 13th from 12 to 2. 4 Bedroom 2 story home nicely remodeled over the years. New roof, windows and siding all this past couple of years. House has a rear addition with a first floor laundry room. Rear Deck and fenced in back yard. 2 car off street parking. Updated tiled full bath upstairs. Newer kitchen. Old kitchen moved downstairs into the basement, perfect for cooking those large dinners.

19 Beekman Street

$284,900

3 Beds ⋅ 2 Baths ⋅ 202624493 MLS

Welcome to 434 Morris Street, a beautiful 3-bedroom, 1.5-bath home located just minutes from Albany Medical Center, Albany Law School, St. Peters Hospital, and the vibrant New Scotland Avenue corridor, where you'll enjoy easy access to popular restaurants, cafés, shops, and salons. This move-in-ready home has been thoughtfully renovated from top to bottom, blending modern finishes with comfortable living spaces. The main level offers a bright, open-concept layout with a comfortable living room, a defined dining area, and additional space perfectly suited for a home office or study area. Large windows throughout the home fill the interior with an abundance of natural light, creating a warm and inviting atmosphere. The stunning kitchen features quartz countertops, soft-close shaker cabinetry, and brand-new GE stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. Upstairs, you'll find three spacious bedrooms and a full bathroom. For added convenience, the bathroom includes a dedicated washer and dryer area, making laundry day effortless. Outside, your new deck overlooks a spacious backyard and a refreshed front porch with beautiful landscaping elevating curb appeal. A new roof brings peace of mind, and a new driveway offers plenty of off-street parking. Whether you're looking for your first home, a place close to Albany's medical and educational institutions, or simply a beautifully updated property in a sought-after neighborhood, 434 Morris Street offers the perfect combination of location, comfort, and modern living. Come see all that this exceptional home has to offer. Nothing to do here but move in and start creating your own memories!

434 Morris Street

$295,000

3 Beds ⋅ 2 Baths ⋅ 202624207 MLS

Always rented two family home in a quiet neighborhood just off of Whitehall. Great home for an owner occupant or an investor looking to add to their portfolio. This property is surrounded by single family homes. First floor is a recently updated two bedroom flat. Beautiful kitchen with newer cabinets, countertops, stainless steel appliances and ceramic tile flooring. Gleaming hardwood floors with a good sized primary bedroom and a washer and dryer in the unit. Upstairs is quaint one bedroom unit with living room, kitchen and washer/dryer. Off street parking. Fenced in back yard. One car detached garage that is being sold ''as-is.'' Can be packaged with 677 Washington Ave.

1 Mariette Place

$274,900

4 Beds ⋅ 2 Baths ⋅ 202624043 MLS

Charming and welcoming, this 2-story Albany home sits on a quiet dead-end street and offers a wonderful blend of character and comfort. Enjoy an enclosed front porch, beautiful natural woodwork, and an updated kitchen that adds modern convenience to classic style.The first floor features a spacious bedroom and a full bath, ideal for flexible living arrangements or convenient one-level living.The second floor includes three additional bedrooms and another full bath, providing plenty of room for family, guests, or a home office. Additional highlights include a full basement and a detached one-car garage.This home offers warmth, practicality, and timeless appeal--ready to welcome its next owner.

3 Sard Road

$264,900

3 Beds ⋅ 2 Baths ⋅ 202623697 MLS

This lovingly refreshed and updated 3-bedroom home is brimming with character, from gleaming hickory floors throughout to a newer stainless-steel kitchen, wraparound porch and bluestone patio. With a 2021 roof, fenced yard, central air with (de)humidifier, 2-car detached garage and driveway, and leaf-filtered gutters it's as practical as it is charming. Enjoy the upgraded travertine full bath, marble half bath, Plus, you're convenient to the schools, the bus line, highways, restaurants, malls, and more. Ready to welcome you home! Working push lawn mower and snowblower included. Agent is related to seller.

20 W Lawrence Street

$275,000

2 Beds ⋅ 3 Baths ⋅ 202623676 MLS

Welcome to 149 Lancaster Street, Unit 2, a grand two-bedroom, 1 full-bath & 2 half-bath condominium in Albany's coveted Center Square neighborhood. Located within a beautiful historic townhouse, this spacious upper-level residence offers abundant natural light, generous living areas, and timeless architectural character. A standout feature is the private rooftop deck, offering a unique outdoor retreat and the perfect spot to relax, entertain, or enjoy spectacular views and fireworks over the city. Just steps from Washington Park, Lark Street, restaurants, shops, Albany Medical Center, and downtown, this exceptional home offers the perfect blend of historic charm, modern city living, and an unbeatable location.

149 Lancaster Street 2

$275,000

1 Beds ⋅ 1 Baths ⋅ 202623675 MLS

Welcome to 149 Lancaster Street, Unit 1, a spacious one-bedroom, 1.5-bath condominium in on of Center Square's most desirable Lower Lancaster neighborhood. Set within a beautiful historic townhouse, this inviting lower-level home blends classic character with comfortable city living. Enjoy generous living spaces, abundant natural light, and the rare benefit of private outdoor garden space--perfect for relaxing, gardening, or entertaining. Ideally located just moments from Washington Park, Lark Street, restaurants, shops, Albany Medical Center, and downtown. A wonderful opportunity to own a distinctive home in one of Albany's most vibrant and walkable neighborhoods.

149 Lancaster Street 1

$275,000

4 Beds ⋅ 2 Baths ⋅ 202623556 MLS

A charming home that offers the space, comfort, and convenience you've been looking for. Tucked away on a peaceful residential street, this property is ideally located near everyday essentials, dining, shopping, schools, and major routes for easy commuting across the Capital Region. Inside, you'll find a warm, inviting layout designed for both everyday living and entertaining. Bright rooms, generous living space, and a flow that makes day-to-day routines effortless set the tone the moment you arrive. Whether you're relaxing at home, hosting friends and family, or enjoying quiet evenings, this home provides the versatility to fit your lifestyle. Step outside and enjoy the opportunity to make the yard and outdoor space your own--perfect for morning coffee, summer gatherings, or creating your ideal outdoor retreat.

49 Ramsey Place

$265,000

6 Beds ⋅ 2 Baths ⋅ 202623464 MLS

383 Orange Street: Recently renovated, featuring brand-new flooring and fresh, modern paint. Move-in ready for your future tenants or for yourself. Both units are fully vacant, giving you complete control to screen and select your own quality tenants from day one.Located in the heart of Albany, this property provides easy access to the city's amenities, transportation, and major hubs. Its recent upgrades ensure less immediate maintenance for the new owner, allowing for a seamless transition into your portfolio

383 Orange Street

$290,000

6 Beds ⋅ 3 Baths ⋅ 202623243 MLS

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

151 S Pearl Street

$259,900

8 Beds ⋅ 2 Baths ⋅ 202623201 MLS

Excellent opportunity for both investors and owner-occupants! This spacious two-family property features two 4-bedroom units, offering exceptional income potential and flexible living arrangements. The first-floor unit is occupied by a long-term tenant paying $2,000 per month through a full assistance program, providing reliable rental income from day one. The second-floor unit is vacant, giving buyers the opportunity to move right in or lease it at current market rent to maximize cash flow. With generous room sizes, separate living spaces, and strong investment potential, this property is ideal for building equity while offsetting your mortgage or expanding your rental portfolio. Conveniently located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation, this is a versatile property you won't want to miss!

19 Stanwix Street

$290,000

202622868 MLS

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.. This mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection. All previous laundry plumbing is still present, it just has been capped.

151 S Pearl Street

$250,000

202622658 MLS

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

372 Madison Avenue

$275,000

202622605 MLS

3 acres of Rural Light Industrial zoned land just south of the Port of Albany, offering one of the Capital Region's most affordable light industrial land opportunities. Significant River Road frontage with public water available. Zoning supports a wide range of uses including contractor's shop, distribution, vehicle repair/towing, self-storage, garage, warehouse, and manufacturing. Excellent access - minutes from I-787 (Exit 2) via Southern Blvd., with quick connections to downtown Albany, the Port of Albany, and the regional highway network. Current owner plans on clearing the land, delivering a site ready for your development plans. Priced at $275,000 ($83.333/acre). Rare chance to secure well-located, affordably priced industrial land in the Port of Albany corridor.

225 River Road

$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

$254,900

3 Beds ⋅ 1 Baths ⋅ 202621865 MLS

Welcome home to this tastefully updated bungalow at 17 Tremont St, in a convenient Albany location. Inside, you'll find an enclosed front porch, bright living room, dining room, an updated kitchen featuring stainless steel appliances & butcher block countertops -- perfect for entertaining or everyday living. Three comfortable bedrooms & a renovated bathroom round out the main living space, while a back enclosed porch provides additional flex space for a home office, mudroom, or sunroom. This home has been thoughtfully updated throughout, including: Updated windows for improved energy efficiency New flooring throughout Renovated bathroom Fresh paint throughout New boiler (2023) Storage won't be an issue with the full attic, offering plenty of room for all your seasonal items and extras. Outside, enjoy a spacious .14-acre lot with generous side & back yard space. The paved driveway offers off-street parking for up to 3 vehicles. Location: just 11 minutes to Albany International Airport, 13 minutes to the NYS Capitol in the heart of downtown Albany, and 7 minutes to Colonie Center -- putting shopping, dining, travel, and city life all within easy reach. Bonus for investors: this home has a track record as an Airbnb and mid-term rental, offering fantastic income potential for the next owner.

17 Tremont 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

$270,000

202621755 MLS

Versatile Albany property offering approximately 3,376 square feet of space on a 0.26-acre lot. Currently configured as an office building, the property presents an excellent opportunity for continued professional use, redevelopment, or potential conversion to multifamily apartments. Convenient Clinton Avenue location with access to major roadways, public transportation, downtown Albany, and area amenities. A compelling opportunity for investors, developers, or owner-users seeking a property with adaptable space and future potential. Residential conversion is subject to zoning, municipal approvals, building codes, and buyer due diligence.

519 Clinton Avenue

$299,900

6 Beds ⋅ 2 Baths ⋅ 202621689 MLS

Opportunity meets versatility at 339 Delaware Avenue in Albany! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of living space with a flexible layout and strong potential for homeowners or investors. Projected rents are approximately $1,700/month upstairs and $1,600/month downstairs, for a total potential gross rent of $3,300/month. Large windows provide plenty of natural light, while the inviting sunroom offers additional space to relax or work from home. Generous living areas provide plenty of flexibility. Conveniently located near shopping, dining, transportation, and local amenities. Schedule your private showing today!

339 Delaware Avenue

$285,000

9 Beds ⋅ 3 Baths ⋅ 202620998 MLS

INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term investment potential. Located in Albany's South End, this property sits directly across the street from ongoing redevelopment activity in a neighborhood seeing continued investment and revitalization. Whether you're looking to owner-occupy or add to your investment portfolio, don't let this MONEY MAKER escape! Schedule your showing today!

123 Clinton Street

$269,900

4 Beds ⋅ 2 Baths ⋅ 202620639 MLS

This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street

$275,000

6 Beds ⋅ 3 Baths ⋅ 202619927 MLS

Turnkey investment opportunity in Albany! This fully tenant-occupied three-unit property features a total of 6 bedrooms and 3 full bathrooms, providing immediate and consistent rental income. Situated on a rare double lot at 88-90 Ontario Street, this income-producing asset offers added land value and future potential. All units are occupied with established tenants in place, making it an ideal addition to any investor's portfolio.

88 Ontario Street

$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

$299,000

2 Baths ⋅ 202619354 MLS

Blank slate opportunity in the heart of Albany's tight-knit, walkable Delaware Avenue neighborhood. Offering nearly 4,000 square feet, this open-concept commercial space provides endless possibilities for retail, office, fitness, service, or mixed-use concepts. Formerly home to a neighborhood hardware store spanning over five decades, the property is currently configured as a fitness facility. The building features a newer roof and has been well maintained throughout ownership. Gym equipment and/or business assets may be available separately. Listing agent to accompany all showings. Easy to show, inquire today!

390 Delaware Avenue

$260,000

6 Beds ⋅ 3 Baths ⋅ 202618685 MLS

Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY. This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal. Size: With a spacious layout, each unit features ample living space, bright natural light, and comfortable bedrooms. Location: Situated in a vibrant neighborhood, this property is conveniently located near local amenities, public transportation, parks, and schools, making it ideal for tenants. Potential Income: With strong rental demand in the area, this triplex presents an excellent opportunity for generating income. Parking: The property includes off-street parking for residents, adding to its convenience and appeal. This triplex is not only a fantastic investment opportunity but also a wonderful place to call home. Whether you're looking to occupy one unit and rent out the others or solely use it as an investment property, 313 1st Street is a must-see. Don't miss your chance to own this prime piece of real estate in Albany!

313 1st Street

$299,000

6 Beds ⋅ 2 Baths ⋅ 202618468 MLS

This fully occupied duplex in Albany's sought-after Pine Hills, adjacent to Helderberg, boasts mirrored 3BD, 1BA layouts in each unit, providing ample space for tenants. Located a short walk from Albany Medical Center, St. Peter's Hospital, and vibrant New Scotland Avenue, with popular spots like Ale & Oyster and Tipsy Moose nearby, this property is perfect for investors seeking a prime location. Both units MTM, upstairs is rented for $1,550 and downstairs for $1,500.

88 Woodlawn 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

$289,900

4 Beds ⋅ 2 Baths ⋅ 202616557 MLS

Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2 car detached garage, another 5 bay garage with 8 vacant land parcels. The first floor apartment is renovated in the two family but the 2nd floor needs rehab. Both units are occupied with longer term tenants. The first floor pays $750 and the second floor pays $650 and both are month to month. Enjoy plenty of off street parking and a 2 car detached garage. This property is in the middle of Albany revitalization project of upwards of $177 million of brand new 2 family homes being built all around the South end of Albany. Don't miss this unique opportunity to have instant equity in this great project. Rents could be much higher with HUD fair market rents at $1,702 per month for the year of 2026. All data, dimensions and tax map numbers are attached under documents. Properties MUST be sold as a package.

13 Batcher Street

$299,900

9 Beds ⋅ 2 Baths ⋅ 202615722 MLS

Don't miss this incredible opportunity in Albany! This fully renovated row house with in law apartment features 9 spacious bedrooms and 2 modern bathrooms, making it perfect for a student rental or a large household looking for plenty of space. Everything is brand new -- updates include: Gas meter & electrical (200 Amp service), Windows, plumbing, and water line, Siding, gutters, and freshly poured concrete sidewalks (front & back), New flooring, paint, tile, and Sheetrock throughout, Beautifully updated kitchen with granite countertops, new cabinets, and modern finishes, New hot water tank for efficiency and reliability. Enjoy the blend of classic Albany character and modern upgrades in this move-in-ready property. With strong rental history currently making $3,000 a month with potential for up to $4,400 per month when fully occupied, and nothing left to update, this home is a fantastic investment opportunity or a comfortable home for a large family

3 Manning Square

$269,900

3 Beds ⋅ 3 Baths ⋅ 202613903 MLS

Looking for your next project? Look no further! Investor special with strong upside potential! This spacious brick triplex offers a fantastic opportunity for renovation and value creation. Featuring high ceilings, original architectural details, and multiple fireplaces, the home has solid bones and plenty of character ready to be brought back to life. Natural light flows throughout, and the property includes classic elements such as original trim work and exposed brick, offering the perfect canvas for a modern restoration. The property is in need of some renovation and is being sold as-is making it ideal for investors, contractors, or buyers looking to customize a property to their vision. Conveniently located near local amenities, transportation, and neighborhood conveniences. Bring your ideas and unlock this property's full potential! Seller is open to subject to or seller financing. Ask listing agent for details.

247 Quail Street

$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

$260,000

202611331 MLS

1.95 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. R-2 (residential two-unit) zoning district allows for the following permitted as-of-right and/or conditional uses: Two-unit dwelling, townhouse [style] dwelling, community residential facility, park, and religious institution. Sale includes seven tax lots in total: 65.15-2-12, 65.15-2-13, 65.15-2-14, 65.15-2-15, 65.15-2-16, 65.15-2-69.1, & 65.15-2-82.

575 Lark Drive

$279,999

202430182 MLS

Investors, Developers & Small Business Owners - Don't Miss This Opportunity! This fully renovated C1 multi-use building offers incredible potential. Upgraded in 2013 with modern utilities, steel supports, and a poured concrete basement, it's move-in ready. The high-visibility first floor is ideal for a fast-food concept—burger, chicken, or pizza—with equipment negotiable. The second floor is a blank canvas, perfect for offices, a dental clinic, or apartment units. Included is a 0.05-acre corner lot, offering room for parking, storage, or expansion. A prime location to bring your business or development vision to life!

263 S Pearl Street

Albany Properties between $250,000 and $300,000 for Sale

Newest Albany Properties between $250,000 and $300,000 for Sale