Albany Real Estate | Albany Properties between $450,000 and $500,000 for Sale

6 Beds ⋅ 3 Baths ⋅ 202622477 MLS

Charming and recently updated triplex offering 2 bedroom apartments in the heart of Albany! Three identical units featuring brand new stainless steel appliances & (3) Navien on-demand hot water tanks. With a bright and inviting atmosphere, these units features large windows, high ceilings, and hardwood floors. The open living space flows seamlessly into the kitchen, offering plenty of room to relax or entertain. Key Features: two spacious bedrooms, recently updated kitchen, high ceilings and hardwood floors, ample natural light, Wifi included, laundry in basement & private back decks. Convenient location near downtown Albany, restaurants, shops, and public transportation These apartments are perfect for anyone looking for a cozy, well-maintained space in a prime location. Don't miss out on this fantastic opportunity. Easy to maintain - even easier to manage! Perfect for owner occupant or investors!

13 Delaware Street

$469,900

3 Beds ⋅ 3 Baths ⋅ 202622418 MLS

Welcome home to this beautifully updated and well maintained split level home on a private corner lot in the Buckingham Pond neighborhood. The light filled living room is anchored on one end by the gas fireplace that was refaced, and the seller's added bookcases around it with recessed lighting. The gleaming hardwood floors run from the living room into the formal dining room . The kitchen was fully renovated and features ceramic tile flooring, SS appliances, Quartz countertops, subway tile backsplash and the owners added additional cabinetry/storage with a great coffee/breakfast/bar area. The upper level features the primary bedroom suite with a walk in closet and an updated primary bathroom. The top floor also contains 2 additional bedrooms and an updated full bath. The lower level has a bright family room with ceramic tile flooring and is adjacent to a renovated half bath. The family room leads out to a beautiful 3 season screened porch, perfect for morning coffees or evening nightcaps. The family room also has a door into the 2 car garage as well as down to the basement. The basement level contains the laundry area, along with plenty of built in shelving/storage, and a cedar closet. The furnace and central air are approximately 6-8 yrs old. The kitchen has a door out to a big beautiful deck the sellers added, with plenty of room for a grill, and a nice spot for outdoor entertainment. The sellers have added some privacy fencing, and the snaggletooth cedar siding has been well cared for and is naturally bug resistant.

401 Greenway

$485,000

202622112 MLS

342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot. The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space. The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

342 Hamilton Street

$485,000

4 Beds ⋅ 3 Baths ⋅ 202622063 MLS

342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot. The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space. The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

342 Hamilton Street

$495,000

9 Beds ⋅ 3 Baths ⋅ 202621199 MLS

Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany's most established rental markets.

77 S Allen Street

$484,900

10 Beds ⋅ 3 Baths ⋅ 202620596 MLS

Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue

$479,000

3 Beds ⋅ 3 Baths ⋅ 202620252 MLS

Brick ranch in Albany's desirable, walkable neighborhood -- just minutes to places of worship, shops and eateries. This bright, spacious home features four bedrooms, 2 full baths on the main level, living and dining rooms, and an eat-in kitchen. Lower level offers a large family/play room, office, full kitchen and full bath, and a separate entrance ideal for an in-law suite. Two-car garage. Make this versatile, move-in ready property yours! Brand new luxury vinyl plank floors in downstairs living area! Downstairs living space an additional 1675 sf!

413 Hackett Boulevard

$475,000

1 Beds ⋅ 2 Baths ⋅ 202619808 MLS

Prime mixed-use opportunity on Central Ave with outstanding visibility and access located just 2 minutes from the Everett Rd exit. Currently configured with gleaming professional office space on the first floor and a charming, well-maintained apartment above, this property offers immediate functionality with strong upside for investors or owner-occupants. The flexible layout supports multiple income streams and future repositioning in a high traffic corridor. Featuring approximately 15 on-site parking spaces this is a rare chance to secure a highly accessible, high-potential asset in a high traffic corridor. Apartment and commercial space will be vacant upon closing. Don't miss this opportunity!

1032 Central Avenue

$499,000

10 Beds ⋅ 3 Baths ⋅ 202619770 MLS

This 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. Unit 1 has 4 bedrooms and 1 full bath, Unit 2 has 3 bedrooms and 1 full bath. Unit 3 has 3 bedrooms and 1 full bath. There is a large living room in each unit. Small backyard and a larger side yard that tenants use for a 3 car off street parking area. Each unit is month to month and could be getting higher rents.

144 Broad Street

$475,000

202619642 MLS

Prime mixed-use opportunity on Central Ave with outstanding visibility and access located just 2 minutes from the Everett Rd exit. Currently configured with gleaming professional office space on the first floor and a charming, well-maintained apartment above, this property offers immediate functionality with strong upside for investors or owner-occupants. The flexible layout supports multiple income streams and future repositioning in a high traffic corridor. Featuring approximately 15 on-site parking spaces this is a rare chance to secure a highly accessible, high-potential asset in a high traffic corridor. Apartment and commercial space will be vacant upon closing. Don't miss this opportunity!

1032 Central Avenue

$475,000

3 Beds ⋅ 3 Baths ⋅ 202618492 MLS

Experience maintenance free living at this beautifully appointed Bryn Mawr residence. Designed with an open floor plan, the home features soaring ceilings and expansive windows that fill the space with natural light. The eat in kitchen offers granite countertops, a large center island and stainless steel appliances, seamlessly opening to the family room with a gas fireplace. Plus, there is a first floor laundry room. The primary suite provides a comfortable retreat with a private bath featuring a double granite vanity, tiled shower and large walk in closet with built ins. The lower level adds additional storage space, while the back deck and 2 car attached garage enhance everyday convenience. Recent updates include dishwasher and microwave (2026), washer and dryer (2025). Ideally located just minutes to area hospitals, restaurants and shops.

4 Bryn Mawr Court

$499,000

10 Beds ⋅ 3 Baths ⋅ 202616820 MLS

Two-family residential property in Albany featuring approximately 2,454 sq ft of above-grade living space per public record. Property includes garage parking and shared driveway access. Property is currently tenant-occupied. Lease information available upon request. Buyer to verify all information including taxes, square footage, leases, and condition.

14 W Erie Street

$499,900

3 Beds ⋅ 3 Baths ⋅ 202616489 MLS

Magnificent and meticulously maintained, this original Buckingham Mews townhouse offers true move-in condition and an exceptional blend of comfort, style, and convenience. Fully renovated throughout, the home features gleaming hardwood floors, beautifully updated kitchen and baths, and a bright, expansive open floor plan designed for modern living. A dramatic two-story living room with a floor-to-ceiling fireplace flows seamlessly into the dining room (also with fireplace) and stunning kitchen, creating the perfect space for both everyday living and entertaining. The spacious first-floor primary suite boasts abundant closet space and a spa-like, designer-updated bath, while the second level offers two oversized bedrooms, a full bath, and a versatile loft area. The massive basement is nearly 2000sf and is ideal for hobbies or additional storage. Enjoy maintenance-free living with thoughtful upgrades including a whole-house generator, a two-car attached garage (epoxy floor), and two courtyard patios--one privately fenced for added tranquility. Ideally situated on a quiet cul-de-sac in Albany's desirable Buckingham Lake neighborhood, this home is just minutes from highway access and close to shopping, restaurants, hospitals, universities, and downtown. A truly impressive and turnkey property--simply move in and enjoy.

214 Colonial Avenue

$499,000

7 Beds ⋅ 4 Baths ⋅ 202615912 MLS

Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water tanks. Inside the units have been updated: 3 units offer updated kitchens w/granite. The property also features a 3-car detached garage, offering additional storage or rental income potential. Across from Lincoln Park.

272 Morton Avenue

$489,000

4 Baths ⋅ 202612986 MLS

Immaculate and incredibly maintained building currently used as a house of worship. Building has great tiled entry, large first floor worship space wide open with high ceilings. 2 side rooms on first floor with 2 bathrooms. 2nd floor has small sound room, second floor seating area and office overlooking entry. Lower level has dedicated entrance from exterior. Beautiful kitchen with granite, top of line cabinetry. 2 bathrooms on lower level with large open room ideal for many uses. On demand hot water heat, mini splits in place. Lots of possible uses.

281 Washington Avenue

Albany Properties between $450,000 and $500,000 for Sale

Newest Albany Properties between $450,000 and $500,000 for Sale