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    Albany County, NY Multifamily Properties for Sale

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    Brooklyn, NY New York, NY Bronx, NY
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    Duplex with Separate Utility Meters
    Updated: Jun 24
    Duplex with Separate Utility Meters

    610-612 Morris Street, Albany, NY 12208

    $329,900
    2,544 sqft · 0.08 AC lot
    Large 8‑bed duplex with two separate units (4 beds, 1 bath each)
    Recent rents of $4,000–$4,200 per month
    Completely separate meters; tenants responsible for gas/electric
    Flat 1.3 miles by foot to Albany Med and St. Peter's Hospital
    Bus stops about 5 minutes by foot
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    This listing looks promising.

    Here's a quick look at some key insights for

    610-612 Morris Street, Albany, NY 12208

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $414K
      Above asking

    • Property Type

      Duplex
      Built 1925
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    Investment Opportunity: Community Living Asset
    Updated: May 29
    Investment Opportunity: Community Living Asset

    171 Hill Street, Troy, NY 12180

    $2,700,000
    5,488 sqft · 0.27 AC lot
    Commercial asset operating as Veterans community living with 22 private rooms, each with its own bathroom
    Two‑unit residential property next door included—can support staff housing, additional rental income, or future redevelopment
    Vacant lot directly behind facility included for potential expansion, additional parking, or new development (buyer to verify zoning)
    Built in 1940 with vinyl siding and off‑street parking; public water and public sewer
    Central air and forced‑air heating with natural gas; high‑speed internet and built‑in features included
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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    6190-6192 Depot Road, Altamont, NY 12009

    $500,000
    3,044 sqft · 0.52 AC lot

    Two side-by-side units with separate utilities and matched layouts offer flexible owner-occupant or rental use.

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    Meticulously Maintained Apartment Building
    Meticulously Maintained Apartment Building

    462-470 2nd Avenue, Troy, NY 12182

    $2,400,000
    7,885 sqft · 0.42 AC lot

    Rare opportunity: 12-unit apartment building with steady income.

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    17-Unit Multifamily Portfolio
    17-Unit Multifamily Portfolio

    38 Tyler Street, Troy, NY 12180

    $1,625,000
    16,761 sqft · 0.50 AC lot

    Well-positioned portfolio with updated units, separately metered utilities, shared parking, and on-site laundry.

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    Mixed-Use Building with Retail Frontage
    Mixed-Use Building with Retail Frontage

    260 Washington Avenue, Albany, NY 12210

    $2,600,000
    25,530 sqft · 0.22 AC lot

    Completely renovated income property with 14 apartments and a street-front retail space, plus unfinished basement storage and expansion space.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    518 Hudson Avenue, Albany, NY 12203

    $599,000
    3,000 sqft · 0.21 AC lot

    Small multifamily with seven units, off-street parking, and a mix of one- through four-bedroom apartments.

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    All-Brick Triplex for Residential Income
    All-Brick Triplex for Residential Income

    117 4th Avenue, Albany, NY 12202

    $499,900
    3,835 sqft · 0.05 AC lot

    Three remodeled apartments in an all-brick triplex with separate utilities and two currently vacant units for faster occupancy.

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    Two-Family Home with Updated Units
    Two-Family Home with Updated Units

    190 Spring Avenue, Troy, NY 12180

    $339,900
    2,276 sqft · 0.95 AC lot

    Move-in ready two-family property with separate utilities and shared laundry, currently producing just under $3,000 monthly rent.

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    Furnished Student Rental Duplex
    Furnished Student Rental Duplex

    13 13th Street, Troy, NY 12180

    $350,000
    3,161 sqft · 0.11 AC lot

    Turnkey duplex with in-unit laundry and updates suited for student rentals.

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    Well-Maintained Triplex with Updates
    Well-Maintained Triplex with Updates

    421 4th Street, Troy, NY 12180

    $364,900
    3,000 sqft · 0.07 AC lot

    Updated triplex offers modern systems, shared coin laundry, and outdoor amenities for durable residential income use.

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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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    Multi-Unit Building with Storefronts
    Multi-Unit Building with Storefronts

    601-603 2nd Avenue, Troy, NY 12182

    $399,000
    5,800 sqft · 0.09 AC lot

    Four residential units sit above two storefront spaces in Troy’s designated historic district, requiring renovation and leasing-up.

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    Four-Unit Multifamily with Garage
    Four-Unit Multifamily with Garage

    110 Lancaster Street, Cohoes, NY 12047

    $469,900
    3,762 sqft · 0.10 AC lot

    Well-maintained 4-unit property with separate utilities and a garage that is currently rented.

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    Updated Brick 6-Unit Apartment Building
    Updated Brick 6-Unit Apartment Building

    190 S Allen Street, Albany, NY 12208

    $825,000
    3,536 sqft · 0.14 AC lot

    Remodeled six two-bedroom homes in a solid brick building with separate utilities and electric baseboard heat.

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    Two-Unit Duplex with Separate Utilities
    Two-Unit Duplex with Separate Utilities

    24 Chestnut Street, Cohoes, NY 12047

    $205,000
    1,632 sqft · 0.06 AC lot

    Well-maintained two-family duplex with separate utilities and updated interiors, designed for flexible owner-occupant or investor use.

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    Brick Two-Family with Slate Roof
    Brick Two-Family with Slate Roof

    303 Spring Avenue, Troy, NY 12180

    $390,000
    2,690 sqft · 0.29 AC lot

    Classic two-family offers oversized flats with hardwood floors, eat-in kitchens, laundry hookups, and a large basement.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    149 Homestead Avenue, Albany, NY 12203

    $385,000
    2,668 sqft · 0.12 AC lot

    Spacious two-unit home with separate bedroom and bathroom layouts, suited for rental income or owner-occupancy in Albany.

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    Albany Multifamily Development Opportunity
    Albany Multifamily Development Opportunity

    13 Batcher Street, Albany, NY 12202

    $289,900
    1,176 sqft · 0.88 AC lot

    Package of 8 parcels with income potential in Albany.

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    Remodeled Mixed-Use Bar and Apartments
    Remodeled Mixed-Use Bar and Apartments

    427 S Pearl Street, Albany, NY 12202

    $329,000
    5,760 sqft · 0.04 AC lot

    Turnkey bar/lounge plus two income-producing 2-bedroom apartments, with updated systems and major recent exterior and utilities work.

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    Updated Two-Family Residence
    Updated Two-Family Residence

    31 South Street, Albany, NY 12204

    $199,900
    2,252 sqft · 0.05 AC lot

    Solid two-family with recent electrical and heating updates and a 2017 rubber roof.

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    Two-Unit Duplex With Separate Utilities
    Two-Unit Duplex With Separate Utilities

    5 S Dove Street, Albany, NY 12202

    $229,900
    2,136 sqft · 0.08 AC lot

    Well-kept duplex with month-to-month, long-term tenants and separate utilities for each unit.

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    Two-Unit Brick Duplex with Porches
    Two-Unit Brick Duplex with Porches

    300 16th Street, Watervliet, NY 12189

    $339,900
    3,438 sqft · 0.14 AC lot

    Brick duplex with separate 3-bedroom units, one vacant and ready, plus enclosed porch and fenced yard.

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    Albany County, NY Multifamily Properties Market Trends and Statistics

    Explore 327 multifamily properties for sale in Albany County, NY, showcased through 327 active listings on our real estate platform. These investment opportunities span a total of 1,068,615 square feet of properties for sale, with an estimated market value of $142,830,169.

    Sale prices for multifamily properties in Albany County, NY start at $75,000, averaging $472,947, and reaching up to $4,400,000 — 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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    Featured Albany County Real Estate Agencies

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

    NAI PLATFORM LLC
    14 CORPORATE WOODS BLVD STE 100 Albany, NY
    COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
    621 COLUMBIA ST Dunsbach Ferry, NY
    Phone: 15187859000
    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany

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