Rensselaer, NY Residential Income Properties for Sale

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East Greenbush, NY Albany, NY North Greenbush, NY

6 properties

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 16 Potential Opportunities for your consideration. Besides 6 Active listings in Rensselaer, NY, 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.

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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Mixed-Use Live/Work Property

54 James Street, Albany, NY 12207

$274,900

1,008 sqft · 0.01 AC lot

Versatile street-level commercial space with an upstairs leased one-bedroom unit in a high-visibility downtown setting.

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Restaurant and Pub with Patio

4 Clinton Square Unit 4, Albany, NY 12207

$1,700,000

5,400 sqft

Full-service pub and restaurant with large dining, a private party room, and an outdoor patio.

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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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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.

East Greenbush 14-Acre Colonial Property

890 Luther Road, East Greenbush, NY 12061

$399,700

2,808 sqft · 14.01 AC lot

14 acres with legal two-family colonial, sold as-is.

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Glenmont Land Parcel For Sale

L16 Oakwood Road, Glenmont, NY 12077

$1,500,000

68.79 AC lot

68.79 acres in Glenmont, NY, suitable for solar or estate lots.

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Residential Land in Glenmont, NY

193 Bender Lane, Glenmont, NY 12077

$500,000

3.65 AC lot

3.66-acre residential parcel with subdivision potential and public utilities.

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Troy Vacant Land For Sale

660 4th Street, Troy, NY 12180

$65,000

0.43 AC lot

0.43-acre vacant lot zoned MU-2 near downtown Troy.

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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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Land

87 Lona Ln, Rensselaer, NY 12144

Value Estimation by Request

0.21 AC lot

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Rensselaer, NY Residential Income Properties Market Trends and Statistics

Explore 8 residential income 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 residential income 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.

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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	$266.2K

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

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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