Albany, GA Apartment buildings for sale

Updated: Apr 11

Vacant Hotel Building with 26 Rooms

304 North Washington Street, Albany, GA 31701

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30,000 sqft 0.37 AC lot

30,000 SF building on 0.37 AC, zoned C‑2
Originally built as a hotel; currently vacant and features 26 rooms on the 2nd and 3rd floors
Former hotel amenities include a former kitchen with hood intact, dining area, and large meeting rooms
Additional space includes a former laundry room and courtyard area
Parking includes 5 on‑site spaces plus on‑street parking

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Updated: Mar 2

Albany Multifamily Investment Opportunity

701 9th Ave, Albany, GA 31701

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5,626 sqft

Immediate rental income with strong in‑place rental demand
Value‑add potential through light renovations and rent optimization
Attractive cap rate compared to similar regional assets
New metal roof completed in 2024
Solid brick / low‑maintenance exterior

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Six-Door Multifamily Investment Opportunity

2106 Martin Luther King Jr Drive, Albany, GA 31701

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4,592 sqft

Well-maintained six-unit multifamily property with income potential in Albany, GA.

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Renovated 252-Unit Apartment Community

509 N Westover Blvd, Albany, GA 31707

$19,900,000

Built in 1987 and recently renovated, this 252-unit multifamily property is stabilized and cash-flowing.

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Multifamily Property with 178 Units

905 Friendship Dr, Albany, GA 31701

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156,652 sqft

178-unit multifamily property available for sale.

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Multi-Family Apartment Building

2315 W Gordon Ave, Albany, GA 31707

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Apartment building with 60-plus units for sale in Dougherty County, Georgia.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Albany, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Multifamily Property

515 Birch Street, Adel, GA 31620

$1,350,000

7,600 sqft 2.07 AC lot

Newly constructed two-building multifamily with eight completed units and room to expand on additional land.

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Stabilized Affordable Housing Portfolio

112 South Cedar Street, Adel, GA 31620

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51,356 sqft

141 stabilized affordable units across three South Georgia markets, ~94% occupied, with monthly rental income supported by HCV and state assistance.

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Purpose-Built Student Housing Property

208 Zoey Way, Tifton, GA 31793

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88,380 sqft

Built in 2017, this student housing offers 60 units and 240 beds for area college students.

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Market-Rate Apartment Community

101 Mill Ridge Circle, Tifton, GA 31793

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204,349 sqft

170 market-rate units across three build periods, with 98% occupancy and assumable financing options.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$650,000

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Waterfront Multifamily Land Parcel

141 104TH Avenue, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Albany, GA

Consider similar Off-Market properties in Albany, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

522 Flint Ave, Albany, GA 31701

Value Estimation by Request

5,300 sqft 1.00 AC lot

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Multifamily properties

100 Jefferson St, Albany, GA 31701

Value Estimation by Request

15,819 sqft 0.61 AC lot

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Albany, GA Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Albany, GA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 196,870 square feet of properties for sale, with an estimated market value of $19,900,000.

Sale prices for two-family homes in Albany, GA average $19,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
31707	$19.9M

Neighborhood

Average Price

31707

$19.9M