Albany Homes under $400,000

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Newest Albany Homes under $400,000

$199,000

4 Beds ⋅ 2 Baths ⋅ 202628393 MLS

Great investment opportunity at 94 Ontario Street in Albany! This updated two-family property offers 2,024 square feet of living space, featuring 4 bedrooms and 2 full bathrooms, with each unit offering 2 bedrooms. Both units generate $1,100 per month, providing a combined rental income of $2,200 monthly or $26,400 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1880, this property offers updated living spaces, a full basement, and existing rental income. Whether you're an experienced investor looking to expand your portfolio or purchasing your first multifamily property, 94 Ontario Street offers a great opportunity to generate income and build equity. Schedule your showing today!

94 Ontario Street, Albany

$250,000

4 Beds ⋅ 1 Baths ⋅ 202628392 MLS

Packed with charm, character & potential! Built in 1914, this Traditional-style Albany home offers beautiful original woodwork, a striking period staircase, hardwood floors & French doors connecting the living and dining rooms. A brick fireplace framed by original glass-front built-ins creates a beautiful focal point in the living room. The functional layout continues through a butler's pantry into the refreshed kitchen featuring updated cabinetry, backsplash & flooring. Upstairs you'll find 4 bedrooms, the main bathroom & access to an unfinished walk-up attic offering excellent storage & possibilities. Outside, enjoy a covered front porch, fully fenced backyard, optional "catio" & the rare convenience of off-street parking for 2 cars! Other notable upgrades include vinyl replacement windows & a BRAND NEW roof (10/2026). All in a prime Albany location near Albany Med, the New Scotland Ave medical corridor, state offices, Washington Park & the dining, arts & entertainment of Lark Street and downtown Albany. A wonderful opportunity to add your personal touch while enjoying the character of a century-old home!

530 Mercer Street, Albany

$139,000

6 Beds ⋅ 2 Baths ⋅ 202628385 MLS

Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time. Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!

528 1st Street, Albany

$234,000

2 Beds ⋅ 1 Baths ⋅ 202628358 MLS

Must see inside!!! This house is move in ready, it's an adorable 2 bedroom ranch that features generous size rooms and plenty of closet space, hardwood floors in excellent condition throughout, new gas boiler, fireplace insert, newer windows, remote shades on windows in living and dining room, full dry basement, large fenced yard, upper deck features new trex deck and railing which leads to a large wooden lower deck. Detached garage perfect to park your car & protect from the snow. Conveniently located close to Rt 20, Harriman Office Campus, bus line, parks, school, with easy access to the highway.

40 Hillcrest Avenue, Albany

$369,900

3 Beds ⋅ 3 Baths ⋅ 202628281 MLS

Open House Sunday, October 18th - 1-3. Walk to the Capitol Hills golf course from this freshly painted updated 3 bedroom 2 & 1/2 bath home with attached 2 car garage located on a quiet low traffic street. This bright welcoming home features 2350 SF of finished living space over 3 levels! Move in ready home has mostly wood floors and new carpet where placed. Open concept 1st floor living room dining area easily flows into a nicely updated kitchen which has Quartz counter tops, SS appliances and a center island. Large windows overlooks some wooded area for privacy & the 1st hole of the golf course! Three comfortable bedrooms offer generous closet space, including a spacious primary bedroom with dual closets. Full bath with walk-in shower on the main level. Newly remodeled full bath features ceramic tile and double marble sinks. The lower level has a large rec room and a family room with vaulted ceiling, vinyl plank flooring, French door and windows all around to enjoy the beautiful surrounding. A wood burning fireplace keeps you warm on those chilly nights. An additional 1/2 bath makes this the perfect "hang out" space. There is a door off the family room that leads to a fenced in area. Washer & dryer are also located on this level. Outside, enjoy the composite deck, peaceful wooded views and exceptional proximity to Capital Hills, offering recreational activities throughout the seasons - from golf during the warmer months to walking, running, dog walking, sledding and other outdoor activities. Nearby nature trails and Martel's restaurant add to the wonderful blend of natural beauty, recreation and convenience. There is an attached 2-car garage that completes this perfect picture! With thoughtful updates, multiple living areas, generous storage and an inviting setting, this home offers the perfect combination of comfort, convenience and character. Take a look today!

43 Par Circle, Albany

$315,000

3 Beds ⋅ 2 Baths ⋅ 202628264 MLS

GORGEOUS, FULLY REMODELED HOME WITH TIMELESS CHARACTER! Welcome to 33 Marwood Street, ideally situated in a convenient and highly desirable neighborhood just off Whitehall Road! This beautifully updated 3-bedroom, 1.5-bath home has been remodeled from top to bottom, blending modern updates with the warmth and character of its original features. The sellers have worked hard to preserve many of the home's original details while thoughtfully incorporating today's desired updates, creating a truly special place to call home. From the new roof, windows, kitchen, and bathrooms to the new furnace, water heater, and so much more, the extensive improvements make this home a must-see! Be sure to review the list of updates to appreciate everything this home has to offer. Inside, enjoy an abundance of natural light, gorgeous refinished hardwood floors, and inviting living spaces throughout. Step outside to the welcoming front porch, perfect for enjoying your morning coffee, or head to the back patio for summer cookouts and entertaining. The beautiful, level backyard offers plenty of room to relax, play, and enjoy the outdoors, complete with a playset and a permitted, insulated shed offering additional versatility. With its extensive renovations, preserved original details, desirable location, and wonderful indoor and outdoor spaces, this stunning home offers the best of both worlds ~ classic appeal and modern comfort. A true gem you won't want to miss!

33 Marwood Street, Albany

$280,000

4 Beds ⋅ 3 Baths ⋅ 202628258 MLS

Charming Albany Brownstone Triplex - Excellent Investment Opportunity! Own a beautiful brownstone triplex in a convenient downtown Albany location! Ideal for investors or owner-occupants, this property features three units, each with its own unique charm, hardwood floors, and eat-in kitchens. Unit 3 is vacant and ready for an owner-occupant or new tenant. Units 1 and 2 are occupied, with the Unit 2 tenant wishing to remain. Recent updates include a newer rubber roof and hot water heaters. All units have separate electric meters and electric heat, with tenants responsible for their own electric costs. Conveniently located on a bus line and near Washington Park, local shops, restaurants, the Palace Theatre, and downtown amenities. Situated within an Albany Opportunity Zone, this property offers excellent potential to build equity and generate rental income. A fantastic opportunity to own a versatile, income-producing property in the heart of Albany!

432 Clinton Avenue, Albany

$358,550

6 Beds ⋅ 2 Baths ⋅ 202628166 MLS

1927 Charm meets modern-day convenience! This beautifully renovated two-family home offers 3 bedrooms and 1 full bath per unit, with brand-new kitchen and bathrooms, fresh interior and exterior paint, and an updated basement. Turn-key and ready to go- perfect for an investor or owner-occupant Looking for a property with character and modern updates. Don't miss this opportunity--schedule your showing today!

52-54 Southern Boulevard 2, Albany

$325,000

4 Beds ⋅ 3 Baths ⋅ 202628148 MLS

This well-maintained brick 3-unit is a strong addition to any portfolio or a great opportunity for an owner-occupant. The basement unit is rented month-to-month ($825), while the first-floor two-bedroom is vacant and features vaulted ceilings, hardwood floors, and original built-ins. In unit washer and dryer hookups add convenience. The third-floor one-bedroom is rented on a lease ($1,000) with a long-term, stable tenant. Separate utilities. New electric connections for each unit, and newer back porches. Located in Albany's historic Mansion District, this property offers both flexibility and reliable income potential.

74 Philip Street, Albany

$397,000

6 Beds ⋅ 3 Baths ⋅ 202628110 MLS

Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually.

695 State Street, Albany

$350,000

6 Beds ⋅ 2 Baths ⋅ 202628102 MLS

Large 2 family home. A must see duplex. 3 bedrooms in both units. Hardwood floors throughout both units. Front and back porches for both units. Wonderful front, back and side yard. Basement divided for both units. Washer and dryer hook ups available. Conveniently located near the bus line and both 787 and I90. Schools and hospital within 2 minutes drive and 7 minute walk. Current annual rental income approximately $38,000 with room to increase.

20-22 McCrossin Avenue, Albany

$179,000

4 Beds ⋅ 2 Baths ⋅ 202628001 MLS

Welcome to 477 3rd St, Albany! A great opportunity for first-time homebuyers and investors alike! This spacious 4-bedroom, 2-bathroom home offers plenty of room, versatility, and potential in a convenient Albany location. With four bedrooms and two full bathrooms, the layout provides comfortable living space for a growing household, roommates, or tenants. Whether you're looking to purchase your first home and build equity or add another property to your investment portfolio, this property offers an excellent opportunity to make it your own. Bring your vision and take advantage of the potential this home has to offer. With the right updates and personal touches, 477 3rd St could be transformed into a fantastic place to call home or a strong income-producing investment. Don't miss this opportunity to own a 4-bedroom, 2-bathroom property in Albany at an attractive price point!

477 3rd Street, Albany

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