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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$575,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 5.18% Airbnb Rental Income: $966 Traditional Rental Income: $4465 Airbnb ROI: -1.7% Traditional ROI: 5.18%
123 Clinton St Albany, NY CASHFLOW! CASHFLOW! CASHFLOW! Nothing to do here except move in! This Turnkey investment ...	9 beds \| 3 baths \| 2,376 sq.ft.	$285,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 9.43% Airbnb Rental Income: $948 Traditional Rental Income: $3104 Airbnb ROI: 0.11% Traditional ROI: 9.43%
5 S Dove St Albany, NY Solid Money Making 2 Family, Month-to-Month long term tenants. Separate Utilities Unit One...	6 beds \| 2 baths \| 2,136 sq.ft.	$229,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 10.49% Airbnb Rental Income: $930 Traditional Rental Income: $3135 Airbnb ROI: -1.23% Traditional ROI: 10.49%
72 Bassett St Albany, NY Three-Unit Investment \| Albany's South End Exceptional opportunity for investors or owner-...	3 beds \| 3 baths \| 1,368 sq.ft.	$249,999	Airbnb cash on cash: 4.11% Traditional cash on cash: 8.72% Airbnb Rental Income: $2048 Traditional Rental Income: $2607 Airbnb ROI: 4.11% Traditional ROI: 8.72%
52 Park Ave Albany, NY BOM pending releases When this home was built, it was part of an area where many of Albany...	6 beds \| 3 baths \| 3,300 sq.ft.	$329,777	Airbnb cash on cash: 0.27% Traditional cash on cash: 9.52% Airbnb Rental Income: $1505 Traditional Rental Income: $3932 Airbnb ROI: 0.27% Traditional ROI: 9.52%
13 Batcher St Albany, NY Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2...	4 beds \| 2 baths \| 1,176 sq.ft.	$289,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 7.15% Airbnb Rental Income: $1188 Traditional Rental Income: $2685 Airbnb ROI: 0.25% Traditional ROI: 7.15%
11 S Dove St Albany, NY Income producing duplex in a prime location with immediate cash flow and rental upside fea...	7 beds \| 2 baths \| 2,454 sq.ft.	$349,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 7.33% Airbnb Rental Income: $2016 Traditional Rental Income: $3219 Airbnb ROI: 2.07% Traditional ROI: 7.33%
208 Myrtle Ave Albany, NY 208 Myrtle Ave, Albany, NY 12202 \| Multi Family	3 beds \| 3 baths \| 2,850 sq.ft.	$399,000	Airbnb cash on cash: -1.64% Traditional cash on cash: 5.55% Airbnb Rental Income: $815 Traditional Rental Income: $3182 Airbnb ROI: -1.64% Traditional ROI: 5.55%
427 S Pearl St Albany, NY Opportunity meets character at 427 S Pearl St, a fully remodeled mixed-use building featur...	4 beds \| 2 baths \| 5,760 sq.ft.	$329,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 9.51% Airbnb Rental Income: $973 Traditional Rental Income: $3824 Airbnb ROI: -0.84% Traditional ROI: 9.51%
144 Broad St Albany, NY 144 Broad St, Albany, NY 12202 \| Multi Family	10 beds \| 3 baths \| 5,406 sq.ft.	$499,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 4.96% Airbnb Rental Income: $973 Traditional Rental Income: $3671 Airbnb ROI: -1.57% Traditional ROI: 4.96%
233 S Swan St Albany, NY 233 S Swan St, Albany, NY 12202 \| Multi Family	4 beds \| 2 baths \| 2,016 sq.ft.	$269,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.28% Airbnb Rental Income: $1927 Traditional Rental Income: $2888 Airbnb ROI: 2.5% Traditional ROI: 8.28%
117 4th Ave Albany, NY 117 4th Ave, Albany, NY 12202 \| Multi Family	10 beds \| 3 baths \| 3,835 sq.ft.	$465,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.18% Airbnb Rental Income: $2048 Traditional Rental Income: $3526 Airbnb ROI: 0.57% Traditional ROI: 5.18%
175 Eagle St Albany, NY 175 Eagle St, Albany, NY 12202 \| Multi Family	3 beds \| 3 baths \| 2,160 sq.ft.	$368,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 5.93% Airbnb Rental Income: $815 Traditional Rental Income: $3073 Airbnb ROI: -1.55% Traditional ROI: 5.93%
210 Myrtle Ave Albany, NY 210 Myrtle Ave, Albany, NY 12202 \| Multi Family	5 beds \| 3 baths \| 2,428 sq.ft.	$329,900	Airbnb cash on cash: -1.42% Traditional cash on cash: 8.36% Airbnb Rental Income: $815 Traditional Rental Income: $3524 Airbnb ROI: -1.42% Traditional ROI: 8.36%
97 3rd Ave Albany, NY 97 3rd Ave, Albany, NY 12202 \| Multi Family	5 beds \| 2 baths \| 1,540 sq.ft.	$250,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 9.38% Airbnb Rental Income: $2048 Traditional Rental Income: $2945 Airbnb ROI: 3.34% Traditional ROI: 9.38%
132 4th Ave Albany, NY 132 4th Ave, Albany, NY 12202 \| Multi Family	8 beds \| 2 baths \| 1,540 sq.ft.	$224,900	Airbnb cash on cash: 4% Traditional cash on cash: 9.84% Airbnb Rental Income: $2048 Traditional Rental Income: $2761 Airbnb ROI: 4% Traditional ROI: 9.84%
13 Delaware St Albany, NY 13 Delaware St, Albany, NY 12202 \| Multi Family	6 beds \| 3 baths \| 4,240 sq.ft.	$450,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.98% Airbnb Rental Income: $2048 Traditional Rental Income: $3751 Airbnb ROI: 0.68% Traditional ROI: 5.98%
151 S Pearl St Albany, NY 151 S Pearl St, Albany, NY 12202 \| Multi Family	6 beds \| 3 baths \| 5,207 sq.ft.	$290,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 10.69% Airbnb Rental Income: $1520 Traditional Rental Income: $3750 Airbnb ROI: 0.91% Traditional ROI: 10.69%
73 Clinton St Albany, NY 73 Clinton St, Albany, NY 12202 \| Multi Family	9 beds \| 3 baths \| 3,300 sq.ft.	$350,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 7.74% Airbnb Rental Income: $2048 Traditional Rental Income: $3527 Airbnb ROI: 1.63% Traditional ROI: 7.74%
44 Osborne St Albany, NY 44 Osborne St, Albany, NY 12202 \| Multi Family	6 beds \| 2 baths \| 1,840 sq.ft.	$225,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 10.73% Airbnb Rental Income: $2048 Traditional Rental Income: $2953 Airbnb ROI: 3.99% Traditional ROI: 10.73%
97 Delaware Ave Albany, NY 97 Delaware Ave, Albany, NY 12202 \| Multi Family	5 beds \| 3 baths \| 2,678 sq.ft.	$329,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 8.54% Airbnb Rental Income: $1308 Traditional Rental Income: $3579 Airbnb ROI: -0.1% Traditional ROI: 8.54%
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.	$437,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.19% Airbnb Rental Income: $1188 Traditional Rental Income: $2890 Airbnb ROI: -0.92% Traditional ROI: 4.19%
683 State St Albany, NY HIGHEST & BEST DUE 3/27 1PM. Sold as a package with 681 State St (202114202). This 2 Famil...	6 beds \| 2 baths \| 1,750 sq.ft.	$365,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.38% Airbnb Rental Income: $960 Traditional Rental Income: $2868 Airbnb ROI: 0.15% Traditional ROI: 6.38%
247 Quail St Albany, NY Solid Triplex Brownstone - 3 1BR & 1BA units. $36,000 Annual Income in an area where there...	3 beds \| 3 baths \| 2,208 sq.ft.	$269,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 7.58% Airbnb Rental Income: $1749 Traditional Rental Income: $2948 Airbnb ROI: 0.98% Traditional ROI: 7.58%
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: 2.92% Traditional cash on cash: 7.34% Airbnb Rental Income: $2063 Traditional Rental Income: $2697 Airbnb ROI: 2.92% Traditional ROI: 7.34%
149 Homestead Ave Albany, NY Great investment or owner-occupant opportunity in Albany! This spacious 2-family home offe...	6 beds \| 2 baths \| 2,668 sq.ft.	$385,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.42% Airbnb Rental Income: $2063 Traditional Rental Income: $3347 Airbnb ROI: 1.39% Traditional ROI: 6.42%
92 N Allen St Albany, NY Calling Investors and Contractors!! Here's a great opportunity to create equity in this tw...	4 beds \| 2 baths \| 1,768 sq.ft.	$374,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 1.43% Airbnb Rental Income: $2063 Traditional Rental Income: $1559 Airbnb ROI: 1.35% Traditional ROI: 1.43%
212 Ontario St Albany, NY Excellent 2 Family Opportunity in the City of Albany! Beautifully renovated. All utilities...	5 beds \| 2 baths \| 2,042 sq.ft.	$314,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 7.06% Airbnb Rental Income: $1313 Traditional Rental Income: $3192 Airbnb ROI: -0.66% Traditional ROI: 7.06%
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: 1.95% Traditional cash on cash: 4.7% Airbnb Rental Income: $2063 Traditional Rental Income: $2381 Airbnb ROI: 1.95% Traditional ROI: 4.7%
860 Washington Ave Albany, NY 860 Washington Ave, Albany, NY 12203 \| Multi Family	5 beds \| 2 baths \| 2,051 sq.ft.	$329,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 6.54% Airbnb Rental Income: $1133 Traditional Rental Income: $2950 Airbnb ROI: -0.56% Traditional ROI: 6.54%
211 Quail St Albany, NY 211 Quail St, Albany, NY 12203 \| Multi Family	6 beds \| 2 baths \| 2,378 sq.ft.	$245,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 9.69% Airbnb Rental Income: $1313 Traditional Rental Income: $2960 Airbnb ROI: 0.81% Traditional ROI: 9.69%
11 Homestead Ave Albany, NY 11 Homestead Ave, Albany, NY 12203 \| Multi Family	6 beds \| 2 baths \| 2,632 sq.ft.	$359,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 6.11% Airbnb Rental Income: $1133 Traditional Rental Income: $3064 Airbnb ROI: -0.74% Traditional ROI: 6.11%
472 Hudson Ave Albany, NY 472 Hudson Ave, Albany, NY 12203 \| Multi Family	10 beds \| 3 baths \| 3,197 sq.ft.	$374,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 7.55% Airbnb Rental Income: $1390 Traditional Rental Income: $3699 Airbnb ROI: -0.21% Traditional ROI: 7.55%
210 Western Ave Albany, NY 210 Western Ave, Albany, NY 12203 \| Multi Family	3 beds \| 3 baths \| 2,712 sq.ft.	$360,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 6.92% Airbnb Rental Income: $1390 Traditional Rental Income: $3344 Airbnb ROI: -0.11% Traditional ROI: 6.92%
114 Spring St Albany, NY 114 Spring St, Albany, NY 12203 \| Multi Family	7 beds \| 2 baths \| 2,352 sq.ft.	$325,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 5.97% Airbnb Rental Income: $1182 Traditional Rental Income: $2936 Airbnb ROI: -0.56% Traditional ROI: 5.97%
81 N Allen St Albany, NY 81 N Allen St, Albany, NY 12203 \| Multi Family	6 beds \| 2 baths \| 2,166 sq.ft.	$349,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 6% Airbnb Rental Income: $1133 Traditional Rental Income: $2952 Airbnb ROI: -0.69% Traditional ROI: 6%
88 Daytona Ave Albany, NY 88 Daytona Ave, Albany, NY 12203 \| Multi Family	4 beds \| 3 baths \| 2,448 sq.ft.	$469,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 5.48% Airbnb Rental Income: $1221 Traditional Rental Income: $3692 Airbnb ROI: -1.03% Traditional ROI: 5.48%
69 S Lake Ave Albany, NY 69 S Lake Ave, Albany, NY 12203 \| Multi Family	4 beds \| 2 baths \| 2,212 sq.ft.	$425,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 4.34% Airbnb Rental Income: $1308 Traditional Rental Income: $2899 Airbnb ROI: -0.67% Traditional ROI: 4.34%
106 Clermont St Albany, NY 106 Clermont St, Albany, NY 12203 \| Multi Family	5 beds \| 3 baths \| 2,154 sq.ft.	$349,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 7.91% Airbnb Rental Income: $1308 Traditional Rental Income: $3570 Airbnb ROI: -0.24% Traditional ROI: 7.91%
502 Hudson Ave Albany, NY 502 Hudson Ave, Albany, NY 12203 \| Multi Family	6 beds \| 2 baths \| 1,764 sq.ft.	$269,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 8.6% Airbnb Rental Income: $1313 Traditional Rental Income: $2969 Airbnb ROI: 0.49% Traditional ROI: 8.6%

Your search for investment property begins and ends here

Multi Family for Sale in Albany, NY

204 Lancaster St

Albany, NY

2 beds | 2 baths | 4,123 sq.ft.

$575,000

Airbnb cash on cash: -1.7%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $966

Traditional Rental Income: $4465

Airbnb ROI: -1.7%

Traditional ROI: 5.18%

123 Clinton St

Albany, NY

9 beds | 3 baths | 2,376 sq.ft.

$285,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 9.43%

Airbnb Rental Income: $948

Traditional Rental Income: $3104

Airbnb ROI: 0.11%

Traditional ROI: 9.43%

5 S Dove St

Albany, NY

6 beds | 2 baths | 2,136 sq.ft.

$229,900

Airbnb cash on cash: -1.23%

Traditional cash on cash: 10.49%

Airbnb Rental Income: $930

Traditional Rental Income: $3135

Airbnb ROI: -1.23%

Traditional ROI: 10.49%

72 Bassett St

Albany, NY

3 beds | 3 baths | 1,368 sq.ft.

$249,999

Airbnb cash on cash: 4.11%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $2048

Traditional Rental Income: $2607

Airbnb ROI: 4.11%

Traditional ROI: 8.72%

52 Park Ave

Albany, NY

6 beds | 3 baths | 3,300 sq.ft.

$329,777

Airbnb cash on cash: 0.27%

Traditional cash on cash: 9.52%

Airbnb Rental Income: $1505

Traditional Rental Income: $3932

Airbnb ROI: 0.27%

Traditional ROI: 9.52%

13 Batcher St

Albany, NY

4 beds | 2 baths | 1,176 sq.ft.

$289,900

Airbnb cash on cash: 0.25%

Traditional cash on cash: 7.15%

Airbnb Rental Income: $1188

Traditional Rental Income: $2685

Airbnb ROI: 0.25%

Traditional ROI: 7.15%

11 S Dove St

Albany, NY

7 beds | 2 baths | 2,454 sq.ft.

$349,900

Airbnb cash on cash: 2.07%

Traditional cash on cash: 7.33%

Airbnb Rental Income: $2016

Traditional Rental Income: $3219

Airbnb ROI: 2.07%

Traditional ROI: 7.33%

208 Myrtle Ave

Albany, NY

3 beds | 3 baths | 2,850 sq.ft.

$399,000

Airbnb cash on cash: -1.64%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $815

Traditional Rental Income: $3182

Airbnb ROI: -1.64%