Real Estate Investment Properties for Sale in Albany, NY

Looking for investment property in Albany, NY with high ROI ?

Explore a variety of short-term homes & houses in Albany, NY. Invest wisely with VRBO & Albany, NY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Albany, NY

Search for Multi Family for Sale in Albany, New York. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 35 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
884-886 Lancaster St Albany, NY Both Units will be vacant on Sept. 7th. Unique & Beautiful Victorian Side-by-Side! Almost ...	8 beds \| 2 baths \| 2,940 sq.ft.	$450,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 4.04% Airbnb Rental Income: $772 Traditional Rental Income: $2890 Airbnb ROI: -1.74% Traditional ROI: 4.04%
282 Manning Blvd Albany, NY This legal 3 family property is great as investor owned or owner occupied! This property o...	3 beds \| 3 baths \| 1,766 sq.ft.	$329,000	Airbnb cash on cash: -3.3% Traditional cash on cash: 0.75% Airbnb Rental Income: $278 Traditional Rental Income: $1295 Airbnb ROI: -3.3% Traditional ROI: 0.75%
282 Yates St Albany, NY Open House: Sunday, April 26 \| 10:00 AM - 1:00 PM Come experience the space and see the po...	6 beds \| 4 baths \| 2,232 sq.ft.	$324,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 10.9% Airbnb Rental Income: $1178 Traditional Rental Income: $4178 Airbnb ROI: -0.19% Traditional ROI: 10.9%
390 2nd St Albany, NY Investment opportunity in convenient location	4 beds \| 2 baths \| 1,720 sq.ft.	$115,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 7.83% Airbnb Rental Income: $1308 Traditional Rental Income: $1500 Airbnb ROI: 2.44% Traditional ROI: 7.83%
385 Washington Ave Albany, NY Historic Albany three-family in prime location, walking distance to Washington Park and al...	3 beds \| 3 baths \| 2,784 sq.ft.	$349,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 6.7% Airbnb Rental Income: $620 Traditional Rental Income: $3013 Airbnb ROI: -1.49% Traditional ROI: 6.7%
579 Washington Ave Albany, NY Beautiful two family house on Washington Ave! Each unit contains three bedrooms, one full ...	6 beds \| 2 baths \| 2,624 sq.ft.	$315,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 7.84% Airbnb Rental Income: $1128 Traditional Rental Income: $3309 Airbnb ROI: -0.8% Traditional ROI: 7.84%
118 N Allen St Albany, NY Delivered vacant, this 2 family is the perfect opportunity to owner occupy or invest! This...	4 beds \| 2 baths \| 1,924 sq.ft.	$280,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 7.34% Airbnb Rental Income: $1270 Traditional Rental Income: $2697 Airbnb ROI: 0.42% Traditional ROI: 7.34%
314 Manning Blvd Albany, NY Two unit property offering a great investment or owner-occupant opportunity. Conveniently ...	3 beds \| 2 baths \| 1,694 sq.ft.	$250,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 4.54% Airbnb Rental Income: $717 Traditional Rental Income: $1825 Airbnb ROI: -1.46% Traditional ROI: 4.54%
138 Lancaster St Albany, NY Excellent opportunity to own a beautiful turn key multi unit in the heart of center square...	5 beds \| 4 baths \| 2,511 sq.ft.	$450,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 4.94% Airbnb Rental Income: $969 Traditional Rental Income: $3583 Airbnb ROI: -2.1% Traditional ROI: 4.94%
236 Quail St Albany, NY Welcome to this one of a kind investment property! Unique two story 4 bedroom apartment on...	5 beds \| 2 baths \| 2,124 sq.ft.	$245,000	Airbnb cash on cash: 0% Traditional cash on cash: 7.8% Airbnb Rental Income: $1128 Traditional Rental Income: $2557 Airbnb ROI: 0% Traditional ROI: 7.8%
497 Washington Ave Albany, NY Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use p...	2 beds \| 1 baths \| 1,924 sq.ft.	$224,900	Airbnb cash on cash: -2.87% Traditional cash on cash: 5.09% Airbnb Rental Income: $396 Traditional Rental Income: $1836 Airbnb ROI: -2.87% Traditional ROI: 5.09%
197 Lark St Albany, NY Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft ...	5 beds \| 4 baths \| 3,160 sq.ft.	$759,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 5.67% Airbnb Rental Income: $1181 Traditional Rental Income: $5731 Airbnb ROI: -1.29% Traditional ROI: 5.67%
154 Jefferson St Albany, NY Proudly offered at a new price as part of a larger portfolio or available to purchase indi...	4 beds \| 3 baths \| 2,970 sq.ft.	$369,800	Airbnb cash on cash: -2.07% Traditional cash on cash: 6.95% Airbnb Rental Income: $969 Traditional Rental Income: $3752 Airbnb ROI: -2.07% Traditional ROI: 6.95%
212 Ontario St Albany, NY Excellent 2 Family Opportunity in the City of Albany! Beautifully renovated. All utilities...	4 beds \| 2 baths \| 2,042 sq.ft.	$350,000	Airbnb cash on cash: 9.36% Traditional cash on cash: 5.7% Airbnb Rental Income: $5624 Traditional Rental Income: $3192 Airbnb ROI: 9.36% Traditional ROI: 5.7%
57 Dove St Albany, NY 57 Dove St, Albany, NY 12210 \| Multi Family	3 beds \| 3 baths \| 3,636 sq.ft.	$611,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 2.29% Airbnb Rental Income: $1181 Traditional Rental Income: $2944 Airbnb ROI: -1.48% Traditional ROI: 2.29%
178A Delaware Ave Albany, NY 178A Delaware Ave, Albany, NY 12209 \| Multi Family	8 beds \| 2 baths \| 4,870 sq.ft.	$399,900	Airbnb cash on cash: -2.37% Traditional cash on cash: 7.02% Airbnb Rental Income: $487 Traditional Rental Income: $3737 Airbnb ROI: -2.37% Traditional ROI: 7.02%
17 Lawnridge Ave #17 & 19 Albany, NY 17 Lawnridge Ave #17 & 19, Albany, NY 12208 \| Multi Family	3 beds \| 1 baths \| 2,808 sq.ft.	$525,000	Airbnb cash on cash: -2% Traditional cash on cash: 0.89% Airbnb Rental Income: $756 Traditional Rental Income: $1857 Airbnb ROI: -2% Traditional ROI: 0.89%
669 Washington Ave Albany, NY 669 Washington Ave, Albany, NY 12206 \| Multi Family	7 beds \| 3 baths \| 3,070 sq.ft.	$429,000	Airbnb cash on cash: 8.26% Traditional cash on cash: 5.92% Airbnb Rental Income: $5624 Traditional Rental Income: $3560 Airbnb ROI: 8.26% Traditional ROI: 5.92%
870 Lancaster St Albany, NY 870 Lancaster St, Albany, NY 12203 \| Multi Family	4 beds \| N/A baths \| 2,100 sq.ft.	$329,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.7% Airbnb Rental Income: $1270 Traditional Rental Income: $2381 Airbnb ROI: -0.19% Traditional ROI: 4.7%
4 New Scotland Ave Albany, NY 4 New Scotland Ave, Albany, NY 12208 \| Multi Family	6 beds \| 3 baths \| 1,920 sq.ft.	$399,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 6.06% Airbnb Rental Income: $1178 Traditional Rental Income: $3373 Airbnb ROI: -0.83% Traditional ROI: 6.06%
38 Trinity Pl Albany, NY Brick two-family investment opportunity in Albany's Mansion neighborhood. Upper unit rente...	6 beds \| 2 baths \| 2,550 sq.ft.	$249,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 10.12% Airbnb Rental Income: $938 Traditional Rental Income: $3242 Airbnb ROI: -1.11% Traditional ROI: 10.12%
204 Lancaster St Albany, NY Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located ...	2 beds \| 2 baths \| 4,123 sq.ft.	$649,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 4.71% Airbnb Rental Income: $552 Traditional Rental Income: $4465 Airbnb ROI: -2.22% Traditional ROI: 4.71%
511 Morris St Albany, NY Well-maintained two-family investment property in Albany's desirable Pine Hills neighborho...	5 beds \| 2 baths \| 2,103 sq.ft.	$274,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 9.16% Airbnb Rental Income: $1128 Traditional Rental Income: $3178 Airbnb ROI: -0.21% Traditional ROI: 9.16%
211 N Allen St Albany, NY Outstanding opportunity to own this two (2) family income $ property in a great Albany loc...	6 beds \| 2 baths \| 2,088 sq.ft.	$239,700	Airbnb cash on cash: -0.44% Traditional cash on cash: 9.64% Airbnb Rental Income: $1270 Traditional Rental Income: $3155 Airbnb ROI: -0.44% Traditional ROI: 9.64%
97 Henry Johnson Blvd Albany, NY Exceptional opportunity to own a versatile mixed-use property in a high-visibility Albany ...	6 beds \| 2 baths \| 3,666 sq.ft.	$385,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 7.41% Airbnb Rental Income: $1181 Traditional Rental Income: $3482 Airbnb ROI: -0.03% Traditional ROI: 7.41%
499 Delaware Ave Albany, NY Great investment property. Turn key 4 unit. New appliances in all units. Hardwood floors i...	7 beds \| 4 baths \| 3,368 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.03% Airbnb Rental Income: $null Traditional Rental Income: $5592 Airbnb ROI: N/A Traditional ROI: 11.03%
486 3rd St #2 Albany, NY 486 3rd St, Albany, NY 12206 \| Multi Family	4 beds \| 2 baths \| N/A	$219,999	Airbnb cash on cash: -2.11% Traditional cash on cash: 11.67% Airbnb Rental Income: $483 Traditional Rental Income: $3084 Airbnb ROI: -2.11% Traditional ROI: 11.67%
402 Broadway Albany, NY Right in the heart of Downtown Albany, this beautiful brick commercial property is ready f...	4 beds \| 4 baths \| 3,796 sq.ft.	$750,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 6.82% Airbnb Rental Income: $5777 Traditional Rental Income: $6058 Airbnb ROI: 4.77% Traditional ROI: 6.82%
20 Delaware Ter Albany, NY 20 Delaware Ter, Albany, NY 12209 \| Multi Family	6 beds \| 2 baths \| 2,432 sq.ft.	$309,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 7.22% Airbnb Rental Income: $935 Traditional Rental Income: $2985 Airbnb ROI: -0.99% Traditional ROI: 7.22%
3 Hartman Rd Albany, NY Prime Investment or Owner-Occupant Opportunity Near Capital Hills! Discover this rare find...	4 beds \| 2 baths \| 1,617 sq.ft.	$389,999	Airbnb cash on cash: 9.67% Traditional cash on cash: 5.79% Airbnb Rental Income: $5807 Traditional Rental Income: $3232 Airbnb ROI: 9.67% Traditional ROI: 5.79%
79 Ten Broeck St Albany, NY 79 Ten Broeck St, Albany, NY 12210 \| Multi Family	6 beds \| 4 baths \| 3,744 sq.ft.	$628,500	Airbnb cash on cash: -2.55% Traditional cash on cash: 5.45% Airbnb Rental Income: $446 Traditional Rental Income: $4879 Airbnb ROI: -2.55% Traditional ROI: 5.45%
272 Morton Ave Albany, NY Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit bu...	7 beds \| 4 baths \| 3,630 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $5425 Airbnb ROI: N/A Traditional ROI: 7.37%
64 Elm St Albany, NY Turnkey 3-unit investment opportunity at 64 Elm Street offering strong income potential an...	6 beds \| 3 baths \| 3,680 sq.ft.	$529,900	Airbnb cash on cash: -1.41% Traditional cash on cash: 7.75% Airbnb Rental Income: $938 Traditional Rental Income: $5131 Airbnb ROI: -1.41% Traditional ROI: 7.75%
70 N Lake Ave Albany, NY 70 N Lake Ave, Albany, NY 12206 \| Multi Family	4 beds \| 3 baths \| 1,610 sq.ft.	$339,000	Airbnb cash on cash: -2.44% Traditional cash on cash: 7.19% Airbnb Rental Income: $437 Traditional Rental Income: $3243 Airbnb ROI: -2.44% Traditional ROI: 7.19%

Your search for investment property begins and ends here

Multi Family for Sale in Albany, NY

884-886 Lancaster St

Albany, NY

8 beds | 2 baths | 2,940 sq.ft.

$450,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $772

Traditional Rental Income: $2890

Airbnb ROI: -1.74%

Traditional ROI: 4.04%

282 Manning Blvd

Albany, NY

3 beds | 3 baths | 1,766 sq.ft.

$329,000

Airbnb cash on cash: -3.3%

Traditional cash on cash: 0.75%

Airbnb Rental Income: $278

Traditional Rental Income: $1295

Airbnb ROI: -3.3%

Traditional ROI: 0.75%

282 Yates St

Albany, NY

6 beds | 4 baths | 2,232 sq.ft.

$324,900

Airbnb cash on cash: -0.19%

Traditional cash on cash: 10.9%

Airbnb Rental Income: $1178

Traditional Rental Income: $4178

Airbnb ROI: -0.19%

Traditional ROI: 10.9%

390 2nd St

Albany, NY

4 beds | 2 baths | 1,720 sq.ft.

$115,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 7.83%

Airbnb Rental Income: $1308

Traditional Rental Income: $1500

Airbnb ROI: 2.44%

Traditional ROI: 7.83%

385 Washington Ave

Albany, NY

3 beds | 3 baths | 2,784 sq.ft.

$349,000

Airbnb cash on cash: -1.49%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $620

Traditional Rental Income: $3013

Airbnb ROI: -1.49%

Traditional ROI: 6.7%

579 Washington Ave

Albany, NY

6 beds | 2 baths | 2,624 sq.ft.

$315,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $1128

Traditional Rental Income: $3309

Airbnb ROI: -0.8%

Traditional ROI: 7.84%

118 N Allen St

Albany, NY

4 beds | 2 baths | 1,924 sq.ft.

$280,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1270

Traditional Rental Income: $2697

Airbnb ROI: 0.42%

Traditional ROI: 7.34%

314 Manning Blvd

Albany, NY

3 beds | 2 baths | 1,694 sq.ft.

$250,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $717

Traditional Rental Income: $1825

Airbnb ROI: -1.46%