Albany Homes under $300,000

Albany Homes under $300,000

Welcome to Albany, New York—a vibrant city steeped in rich history and brimming with charm! Nestled in the heart of Albany County, this capital city offers a unique blend of urban sophistication and small-town warmth. With its stunning architecture, diverse cultural scene, and beautiful parks, Albany is an ideal place for families, young professionals, and retirees alike.

As you explore the real estate market, you'll be delighted to discover that Albany offers an array of homes priced under $300,000. This affordability makes it an attractive option for first-time homebuyers and those looking to invest in a growing community. From quaint single-family homes with character to modern townhouses and cozy condos, there’s something for everyone in Albany.

Imagine living just minutes away from the bustling downtown area, where you can enjoy local eateries, shops, and entertainment venues. Albany is also home to several parks and recreational areas, perfect for outdoor enthusiasts. Whether you prefer a leisurely stroll along the Hudson River or a day of fun at Washington Park, you’ll find plenty of green spaces to enjoy.

With its rich history, vibrant arts scene, and affordable housing options, Albany stands out as a fantastic place to call home. Explore the possibilities and discover your dream home in this captivating city. Embrace the charm of Albany, where community spirit meets urban convenience, all while staying within budget!

Newest Albany Homes under $300,000

32 Colby Street, Albany
$220,000
6 Beds ⋅ 2 Baths ⋅ 202628775 MLS
Prime Albany investment location offering unbeatable convenience and vibrant neighborhood living! Located directly across the street from the green open spaces and playground of Colby Park—and just steps from historic Swinburne Park—this home puts recreation right at your doorstep. Everyday errands are effortless with CDTA bus routes around the corner and premier shopping/dining at Westgate Plaza and Central Ave under 3 minutes away. Enjoy quick, easy access to all of Albany's best cultural hubs: just ~5-7 minutes (~2 miles) to historic Washington Park and the boutique dining, arts, and coffee shops of vibrant Lark Street, and under 10 minutes (approx. 3.5 miles) to Downtown Albany, the State Capitol complex, and major highways. A rare find combining quiet parkside views with rapid access to everything the Capital District has to offer! Roof Is only 5 years old & newer hot water tanks. Street Parking. 1st Floor unit is vacant 2nd Floor unit will be Vacant on 11/30/2026 at the latest

32 Colby Street, Albany
54 Alexander Street, Albany
$299,900
6 Beds ⋅ 3 Baths ⋅ 202628760 MLS
Solid 3 unit brick building left vacant for the new owner to choose their own tenant and pull in the 2026 projected rents for Albany. For a 2 bedroom is $1,702 per flat. Fresh ROP's will be handed over for the new landlord. $5,106 per month. Loads of updates in 2021 + silicone coated roof in 2021. THREE apartments left vacant on purpose for the new owner to choose their own tenant. 2 BRAND NEW BOILERS FOR 2 APARTMENTS & ONE BRAND NEW SPACE HEATER FOR THE 3RD UNIT - $17-18K Value. The 1st floor unit has washer & dryer hookups. Features include hardwood flooring, ceramic tile, some newer windows and a back deck.

54 Alexander Street, Albany
32 Cuyler Avenue, Albany
$259,999
3 Beds ⋅ 2 Baths ⋅ 202628621 MLS
Open House: Saturday 10/24 from 12-2! Classic Albany charm with character around every corner! Built in 1918, this 3 BR, 1.5 BA home offers approx. 1,350 sq ft of manageable living space, featuring hardwood floors throughout, built-ins, a formal dining room, and convenient 1st-floor laundry. Enjoy the outdoors from the covered front or back porch, or entertain on the stamped concrete patio. A 2-car garage adds convenience, while the carpeted attic offers additional storage/flex possibilities. Conveniently located near hospitals, parks, and local eateries. Come see all this home has to offer!

32 Cuyler Avenue, Albany
44 Quail, Albany
$240,000
5 Beds ⋅ 3 Baths ⋅ 202628524 MLS
Great investment or owner-occupant opportunity! This corner-lot property is currently a legal two-family with potential to convert to a three-family with the addition of a required fire escape . The vacant first floor offers 2 bedrooms, the tenant-occupied second floor has 3 bedrooms, and the third floor features 1 bedroom. An additional lot is included, adding even more possibilities! Property needs some TLC, and the seller is offering a $5,000 credit at closing toward repairs or improvements. Great opportunity to build equity and maximize rental potential. Buyer to verify all requirements for three-unit conversion with the Building Department.

44 Quail, Albany
62 Glendale Avenue, Albany
$259,000
3 Beds ⋅ 2 Baths ⋅ 202628513 MLS
Classic Albany architecture, a welcoming front porch and a quiet dead-end street set the scene for this solidly built home located in a neighborhood that feels like a community. Inside, hardwood floors, original moldings and stained-glass accent windows bring character and period detail, while a wood-burning fireplace adds a cozy focal point to the living space. The spacious, bright kitchen offers plenty of room to work and gather, and the home's practical features continue beyond the main living areas. A walk-up attic includes a lightly finished space ready to take on a new role as a playroom, home office or creative retreat, along with two additional storage rooms. There is more storage in the basement, which also offers extra bathroom facilities. Outside, the fenced, sunny yard provides room to garden, relax or entertain, with a very nice shed for tools and outdoor equipment. Recently planted arborvitae establish a natural boundary along the property. With a new roof, new water and sewer lines, and a new washer and dryer, some of the important updates are already in place. A home with good bones, classic details and useful spaces, ready for its next owner to make it their own.

62 Glendale Avenue, Albany
16 Mapleridge Avenue, Albany
$207,000
3 Beds ⋅ 2 Baths ⋅ 202628477 MLS
**TURNKEY TWO-FAMILY OPPORTUNITY IN ALBANY!** Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained property is ready to go! Both apartments offer **modern, comfortable living spaces**, plus the convenience of a **shared laundry area**. A **2-car garage with additional storage** is a fantastic bonus, along with a large paved driveway—only approximately 4 years old—with parking for **up to 8 vehicles**. The first-floor unit is currently occupied by an **excellent, reliable tenant who pays on time and takes wonderful care of the apartment**. The second-floor unit is vacant and ready for a new tenant or owner-occupant, and was previously rented for **$1,100/month**, offering immediate income potential. Conveniently located in an established Albany neighborhood with a mix of single-family and multi-family homes. Enjoy quick highway access for an easy commute and close proximity to grocery stores, restaurants, schools, shopping and everyday conveniences. **Downtown Albany and Delmar are just minutes away**, schools are within walking distance, and a neighborhood park is located right up the street. With **two modern apartments, garage and storage space, abundant off-street parking, existing rental income and a vacant unit ready for occupancy**, this property offers flexibility that's hard to beat. **Priced to compete in today's market—add it to your investment portfolio or move in and let your tenant help offset your housing costs. Turnkey and ready for its next owner!**

16 Mapleridge Avenue, Albany
94 Ontario Street, Albany
$199,000
4 Beds ⋅ 2 Baths ⋅ 202628393 MLS
Great investment opportunity at 94 Ontario Street in Albany! This updated two-family property offers 2,024 square feet of living space, featuring 4 bedrooms and 2 full bathrooms, with each unit offering 2 bedrooms. Both units generate $1,100 per month, providing a combined rental income of $2,200 monthly or $26,400 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1880, this property offers updated living spaces, a full basement, and existing rental income. Whether you're an experienced investor looking to expand your portfolio or purchasing your first multifamily property, 94 Ontario Street offers a great opportunity to generate income and build equity. Schedule your showing today!

94 Ontario Street, Albany
530 Mercer Street, Albany
$250,000
4 Beds ⋅ 1 Baths ⋅ 202628392 MLS
Packed with charm, character & potential! Built in 1914, this Traditional-style Albany home offers beautiful original woodwork, a striking period staircase, hardwood floors & French doors connecting the living and dining rooms. A brick fireplace framed by original glass-front built-ins creates a beautiful focal point in the living room. The functional layout continues through a butler's pantry into the refreshed kitchen featuring updated cabinetry, backsplash & flooring. Upstairs you'll find 4 bedrooms, the main bathroom & access to an unfinished walk-up attic offering excellent storage & possibilities. Outside, enjoy a covered front porch, fully fenced backyard, optional "catio" & the rare convenience of off-street parking for 2 cars! Other notable upgrades include vinyl replacement windows & a BRAND NEW roof (10/2026). All in a prime Albany location near Albany Med, the New Scotland Ave medical corridor, state offices, Washington Park & the dining, arts & entertainment of Lark Street and downtown Albany. A wonderful opportunity to add your personal touch while enjoying the character of a century-old home!

530 Mercer Street, Albany
528 1st Street, Albany
$139,000
6 Beds ⋅ 2 Baths ⋅ 202628385 MLS
Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time. Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!

528 1st Street, Albany
432 Clinton Avenue, Albany
$280,000
4 Beds ⋅ 3 Baths ⋅ 202628258 MLS
Charming Albany Brownstone Triplex - Excellent Investment Opportunity! Own a beautiful brownstone triplex in a convenient downtown Albany location! Ideal for investors or owner-occupants, this property features three units, each with its own unique charm, hardwood floors, and eat-in kitchens. Unit 3 is vacant and ready for an owner-occupant or new tenant. Units 1 and 2 are occupied, with rent payments up to date. Recent updates include a newer rubber roof and hot water heaters. All units have separate electric meters and electric heat, with tenants responsible for their own electric costs. Conveniently located on a bus line and near Washington Park, local shops, restaurants, the Palace Theatre, and downtown amenities. Situated within an Albany Opportunity Zone, this property offers excellent potential to build equity and generate rental income. A fantastic opportunity to own a versatile, income-producing property in the heart of Albany!

432 Clinton Avenue, Albany
477 3rd Street, Albany
$179,000
4 Beds ⋅ 2 Baths ⋅ 202628001 MLS
Welcome to 477 3rd St, Albany! A great opportunity for first-time homebuyers and investors alike! This spacious 4-bedroom, 2-bathroom home offers plenty of room, versatility, and potential in a convenient Albany location. With four bedrooms and two full bathrooms, the layout provides comfortable living space for a growing household, roommates, or tenants. Whether you're looking to purchase your first home and build equity or add another property to your investment portfolio, this property offers an excellent opportunity to make it your own. Bring your vision and take advantage of the potential this home has to offer. With the right updates and personal touches, 477 3rd St could be transformed into a fantastic place to call home or a strong income-producing investment. Don't miss this opportunity to own a 4-bedroom, 2-bathroom property in Albany at an attractive price point!

477 3rd Street, Albany
81 Hazelhurst Avenue, Albany
$299,900
4 Beds ⋅ 2 Baths ⋅ 202627999 MLS
Extensively updated home featuring new or refinished flooring throughout and two fully renovated bathrooms with a new bathtub, walk-in shower, tile, lighting, exhaust fans, and updated fixtures. Major improvements include a new water heater, upgraded 200-amp electrical service, and conversion from oil to natural gas heating. Interior walls were repaired as needed, and the home was freshly painted throughout. The kitchen features refreshed cabinetry and a new range hood. Additional updates include basement wall repairs and plastering, painted basement walls and floor, exterior repairs, foundation wall plastering around the home, and exterior painting as needed. Garage walls and floor were repaired and painted, and the deck was repaired and repainted.

81 Hazelhurst Avenue, Albany
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