Rensselaer, NY Multifamily properties for sale

Updated: Dec 18, 2025

Four-Unit Brick Multifamily Property

209 Columbia Turnpike, Rensselaer, NY 12144

$400,000

2,640 sqft · 0.41 AC lot

High‑traffic location in East Greenbush with excellent visibility, ideal for attracting tenants or customers.
Four‑unit brick building offering multiple income streams.
Large parking lot and garage, providing ample parking for tenants and guests.
Separate electric meters for each unit, simplifying utility management.
Largest apartment (approx. 1,300 sq ft) suitable for owner‑occupancy or premium rental income.

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This listing looks promising.

Here's a quick look at some key insights for

209 Columbia Turnpike, Rensselaer, NY 12144

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$35K
Annual
Price @ 7% Cap

$494K
Above asking
Property Type

Commercial Office/Residential (Mixed Use)
Built 1950

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Updated: Jul 2

Four-Unit Multifamily with Garages

8 John Street, Rensselaer, NY 12144

$289,000

2,560 sqft · 0.13 AC lot

4‑unit multifamily property in Rensselaer
Built in 1850 with vinyl siding exterior
Heating: natural gas; water source: public; sewer: public sewer
Includes additional on‑site income potential with existing garage structures
Two parcels included

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Rensselaer Two-Family Home with Income

57 Washington Avenue, Rensselaer, NY 12144

$249,900

2,074 sqft · 0.25 AC lot

Well-maintained two-family home in Rensselaer with income potential.

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Fully Rented Triplex Investment

1016 3rd Street, Rensselaer, NY 12144

$290,000

2,340 sqft · 0.11 AC lot

Triplex with separate units, fully rented for immediate residential income in Rensselaer.

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Two-Family Home with 5 Bedrooms

704 East Street, Rensselaer, NY 12144

$214,900

1,996 sqft · 0.07 AC lot

For-sale two-unit residence with five total bedrooms, efficient kitchens, and ample storage.

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Rensselaer Turn-Key Investment Property

708 East Street, Rensselaer, NY 12144

$199,900

2,550 sqft · 0.07 AC lot

Spacious, turn-key Rensselaer investment property with newer roof.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Rensselaer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Albany Two-Family Investment Opportunity

38 Trinity Place, Albany, NY 12202

$249,900

2,550 sqft · 0.05 AC lot

Two-family property in Albany's Mansion neighborhood with investment upside.

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Downtown Albany Mixed-Use Investment

402 Broadway, Albany, NY 12207

$750,000

3,796 sqft

Prime commercial storefront with residential units in downtown Albany.

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Downtown Albany Mixed-Use Investment

82 N Pearl Street, Albany, NY 12207

$1,190,000

10,085 sqft

Fully leased, renovated mixed-use building in downtown Albany.

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Downtown Albany Mixed-Use Investment

82 N Pearl Street, Albany, NY 12207

$1,190,000

10,085 sqft · 0.07 AC lot

Fully leased, renovated mixed-use building in Albany's vibrant downtown.

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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.

89 Acres Vacant Land Catskill

300 Game Farm Road, Catskill, NY 12414

$899,900

89.06 AC lot

89 acres of vacant land near Catskill Game Farm.

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Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft · 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Approved RV Park Development Land

L39 Flowers Way, Long Lake, NY 12847

$439,000

2.20 AC lot

Approved development for a 6-unit RV park near Long Lake.

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Approved RV Park Development Land

Long Lake, NY 12847

$439,000

2.20 AC lot

Approved development for a 6-unit RV park with utilities.

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Off-Market Properties in Rensselaer, NY

Consider similar Off-Market properties in Rensselaer, NY. 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.

MOBILE HOME PARK, TRAILER PARK

148 Columbia Tpke, Rensselaer, NY 12144-3538

Value Estimation by Request

470 sqft · 1.72 AC lot

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Rensselaer, NY Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Rensselaer, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,160 square feet of properties for sale, with an estimated market value of $1,643,700.

Sale prices for multifamily properties in Rensselaer, NY start at $199,900, averaging $273,950, and reaching up to $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.

Neighborhood	Average Price
12144	$266.2K

Neighborhood

Average Price

12144

$266.2K