Rensselaer, NY Multifamily Properties for Sale

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Updated: Jul 9

Three-Unit Residential Income Property

1453 1st Street, Rensselaer, NY 12144

$325,000

2,175 sqft 0.09 AC lot

3‑unit property in Rensselaer with all units on annual leases
9 bedrooms and 3 full bathrooms total
Basement apartment rented for $1,000/month
Two upper units each rented for $1,400/month (total $3,800 gross monthly rent)
Tenants pay separate utilities to help keep operating expenses low

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This listing looks promising.

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1453 1st Street, Rensselaer, NY 12144

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$28K
Annual
Price @ 7% Cap

$407K
Above asking
Property Type

Triplex
Built 1900

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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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Two-Unit Duplex with Five Bedrooms

704 East Street, Rensselaer, NY 12144

$199,900

1,996 sqft 0.07 AC lot

Two residential units feature kitchens, storage, porch and deck areas, plus public water and sewer service.

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Four-Unit Multifamily with Garages

8 John Street, Rensselaer, NY 12144

$289,000

2,560 sqft

Four-unit multifamily for sale on two parcels, with existing garage structures on site.

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Updated Two-Family Residence

17 Neptune Street, Rensselaer, NY 12144

$265,000

2,049 sqft 0.18 AC lot

Updated two-unit home with separate utilities, washer/dryer hookups, and off-street parking for four vehicles.

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Four-Unit Brick Apartment Building

209 Columbia Turnpike, Rensselaer, NY 12144

$400,000

2,640 sqft 0.41 AC lot

Brick fourplex with separate electric meters, three units currently rented, and a large parking area.

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Two-Unit Duplex Property

704 East St, Rensselaer, NY 12144

$199,900

1,996 sqft

Two residential units provide separate kitchens, living areas, and storage.

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Three-Unit Residential Income Property

1453 1ST Street, Rensselaer, NY 12144

$325,000

2,175 sqft

Three occupied residential units with a basement apartment and two upper units generating monthly rental income.

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Updated Duplex with Separate Utilities

17 Neptune St, Rensselaer, NY 12144

$265,000

2,049 sqft

Two residential units feature refreshed kitchens, side decks, and washer-dryer hookups.

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Residential Income Quadplex

170-176 Columbia Turnpike, Rensselaer, NY 12144

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5,535 sqft

Quadplex for sale featuring two additional rental flats plus one smaller 1,125 sq. ft. and one larger 4,410 sq. ft. unit.

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Renovated Two-Family Duplex

1447 Broadway, Rensselaer, NY 12144

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Completely renovated two-family property with new mechanicals and fully redone units, including stainless-steel appliances.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 11 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

Opportunities in Nearby Cities

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

Three-Story Duplex Townhouse

90 Madison Avenue, Albany, NY 12202

$325,000

4,002 sqft 0.05 AC lot

Turnkey duplex townhouse currently operating as a short-term rental for the past 2.5 years.

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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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Three-Unit Multifamily Property

72 Bassett Street, Albany, NY 12202

$249,999

1,368 sqft 0.02 AC lot

Updated three-unit building with two vacant upper units and a tenant-occupied basement unit.

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Gutted Multifamily Shell

329 S PEARL Street, Albany, NY 12202

Contact for pricing

2,706 sqft

Completely gutted shell property sold as-is, ready for renovation at 329 S Pearl Street, Albany, NY 12202.

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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

$200,000

Estimated value

470 sqft 1.72 AC lot

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Rensselaer, NY Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Rensselaer, NY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 25,735 square feet of properties for sale, with an estimated market value of $2,557,800.

Sale prices for multifamily properties in Rensselaer, NY start at $199,900, averaging $284,200, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +6.7%

Median Household Income $88,357

College Educated 54.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
12144	$301.1K

Listings Trend

New vs delisted commercial listings in Rensselaer County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Office

Residential Income

Property Size Breakdown

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

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