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    Albany, NY Triplexes for Sale

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    All-Brick Triplex for Residential Income
    Updated: Jun 26
    All-Brick Triplex for Residential Income

    117 4th Avenue, Albany, NY 12202

    $499,900
    3,835 sqft · 0.05 AC lot
    All‑brick triplex in downtown Albany built in 1880
    10 total bedrooms across 3 apartments
    Previously remodeled units with updated kitchens and modern bathrooms
    Tenants pay their own heat, hot water, electric, and gas (separate utilities)
    10 total bedrooms; units include fresh paint on the two currently vacant units for immediate occupancy
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    This listing looks promising.

    Here's a quick look at some key insights for

    117 4th Avenue, Albany, NY 12202

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $624K
      Above asking

    • Property Type

      Triplex
      Built 1880
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    Three-Unit Income Property
    Updated: Jul 7
    Three-Unit Income Property

    77 S Allen Street, Albany, NY 12208

    $495,000
    3,495 sqft · 0.13 AC lot
    Multi‑family property built in 1900 with a total current income of $5,400/month ($64,800/year) reported in the remarks
    Unit 1 (front) offers 4 bedrooms; handicap accessible; has long‑term tenants; current rent $1,500
    Unit 2 (middle) offers 4 bedrooms with $1,900/month rent; reported new plumbing/electrical and updated kitchen and bath
    Unit 3 (back) is currently used as an AirB&B and is reported at $2,600–$2,800/month
    Public water and public sewer; heating includes radiant and natural gas; asphalt roof and vinyl siding
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    Mixed-Use Auto Shop and Apartments
    Mixed-Use Auto Shop and Apartments

    187 Jefferson Street, Albany, NY 12210

    $449,777
    8,906 sqft · 0.21 AC lot

    Mixed-use property with an operating auto repair shop plus three apartments needing renovation and dedicated parking.

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    Turnkey Albany Investment Opportunity
    Turnkey Albany Investment Opportunity

    64 Elm Street, Albany, NY 12203

    $529,900
    3,680 sqft · 0.04 AC lot

    Three-unit property with income potential and owner-occupant options.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Triplex with Park-View Balconies
    Triplex with Park-View Balconies

    52 Park Avenue, Albany, NY 12202

    $329,777
    3,300 sqft · 0.06 AC lot

    Renovated triplex on Park Avenue with original interior details, balcony views, and rear alley access for practical day-to-day use.

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    Three-Family with Private Decks
    Three-Family with Private Decks

    82 Dove Street, Albany, NY 12210

    $399,000
    2,688 sqft · 0.03 AC lot

    Three-unit residence with two 1-bedroom apartments and a 3-bedroom main unit, plus off-street parking for two vehicles.

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    Cash-Flowing Albany Investment Opportunity
    Cash-Flowing Albany Investment Opportunity

    72 Grand Street, Albany, NY 12202

    $299,999
    2,820 sqft · 0.05 AC lot

    Three-unit property in Albany's Mansion District with reliable tenants.

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    Renovated Albany Investment Property
    Renovated Albany Investment Property

    257 Western Avenue, Albany, NY 12203

    $424,900
    2,550 sqft · 0.05 AC lot

    Fully renovated three-unit property in a high-demand Albany location.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    103 Delaware Avenue, Albany, NY 12202

    $250,000
    3,447 sqft · 0.11 AC lot

    Three-unit Albany income property with a flexible mix of two three-bedroom flats and a one-bedroom third-floor unit.

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    Federal Style Albany Triplex
    Federal Style Albany Triplex

    154 Jefferson Street, Albany, NY 12210

    $369,800
    2,970 sqft · 0.05 AC lot

    Three-unit building near Empire State Plaza with historic architecture.

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    Renovated Triplex
    Renovated Triplex

    99 Lark Street, Albany, NY 12210

    $270,000
    2,214 sqft · 0.03 AC lot

    Triplex generating rental income with a newly installed roof and recent renovations for improved tenant appeal.

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    Turnkey Triplex in Delaware Avenue
    Turnkey Triplex in Delaware Avenue

    219 Delaware Avenue, Albany, NY 12209

    $340,000
    2,464 sqft · 0.13 AC lot

    Albany triplex with strong income potential and recent upgrades.

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    Albany Brick Multi-Family Property
    Albany Brick Multi-Family Property

    74 Philip Street, Albany, NY 12202

    $285,000
    2,340 sqft · 0.04 AC lot

    Well-maintained 3-unit property in Albany's historic Mansion District.

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    Albany Three-Family Investment Opportunity
    Albany Three-Family Investment Opportunity

    284 Lark Street, Albany, NY 12210

    $250,000
    1,680 sqft · 0.02 AC lot

    Well-maintained three-family property near Albany Medical Center and University.

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    Albany Triplex with Rental Potential
    Albany Triplex with Rental Potential

    808A Madison Avenue, Albany, NY 12208

    $243,900
    2,354 sqft · 0.10 AC lot

    Three-unit property with separate utilities and investment opportunity.

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    Two-Family Residential Income Building
    Two-Family Residential Income Building

    393 clinton Ave, Albany, NY 12206

    $230,000

    Rented two-family home with tile kitchens, newer siding and insulation, and option for a third unit.

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    Albany Three-Unit Investment Opportunity
    Albany Three-Unit Investment Opportunity

    808B Madison Avenue, Albany, NY 12208

    $234,900
    2,060 sqft · 0.10 AC lot

    Three-unit property with strong income potential and established tenancy.

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    Albany Warehouse District Investment Opportunity
    Albany Warehouse District Investment Opportunity

    405 N Pearl Street, Albany, NY 12207

    $989,000
    9,569 sqft · 1.43 AC lot

    Three parcels in downtown Albany's Warehouse District for sale.

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    Mixed-Use Auto Repair and Apartments
    Mixed-Use Auto Repair and Apartments

    187 Jefferson Street Unit 187, Albany, NY 12210

    $449,777

    Two-parcel property with an auto repair shop and three apartments, plus off-street and garage parking.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    5 Myrtle Avenue, Albany, NY 12202

    $289,000
    2,394 sqft

    Three-unit property with income potential in a central location.

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    New Scotland Avenue Opportunity
    New Scotland Avenue Opportunity

    4 New Scotland Avenue, Albany, NY

    $595,000
    1,680 sqft

    Three-family property and two lots near Albany Medical Center.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Albany, NY

    Albany, NY Triplexes Market Trends and Statistics

    Explore 21 triplexes for sale in Albany, NY, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 65,511 square feet of properties for sale, with an estimated market value of $7,709,853.

    Sale prices for three-family homes in Albany, NY start at $234,900, averaging $405,781, and reaching up to $1,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 102
    Apartment buildings 23
    Triplexes 21
    Quadplexes 7
    Short term rental properties 1

    Demographics Overview

    Population 155K
    Population Growth (5Y) +6.9%
    Median Household Income $76,899
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12208 $239.4K
    12202 $314.8K
    12209 $340K
    12210 $364.7K
    12203 $517.9K

    Listings Trend

    New vs delisted commercial listings in Albany County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Albany County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Albany, NY

    • 12202
    • 12210
    • 12203
    • 12208
    • 12207
    • 12209

    Featured Albany Real Estate Agencies

    Realmo connects you with licensed Albany CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany
    Vanguard-Fine LLC
    Albany, NY 12203
    www.vanguardfine.com
    Standard Brokerage Company
    Albany, NY 12203
    standardbrokerageco.com

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