Albany Homes under $400,000

Welcome to Albany, New York – a vibrant city steeped in history and rich in culture, making it a fantastic place to call home. As the capital of New York State, Albany is known for its stunning architecture, diverse neighborhoods, and a thriving arts scene. With a population of around 98,000 residents, Albany offers a perfect blend of urban convenience and small-town charm.

One of the most appealing aspects of Albany is its affordability, particularly for homebuyers seeking properties under $400,000. This price range opens the door to a variety of housing options, from charming historic homes to modern townhouses and cozy bungalows. Whether you’re a first-time buyer, looking to downsize, or seeking an investment property, Albany has something for everyone.

The city boasts a rich array of amenities, including beautiful parks, excellent schools, and a bustling downtown area filled with shops, restaurants, and entertainment venues. Residents enjoy easy access to the Hudson River, where you can take leisurely strolls or enjoy outdoor activities along the waterfront. With its strategic location, Albany provides convenient access to major highways and public transportation, making it easy to explore nearby attractions in the Capital Region.

In addition to its affordability, Albany is known for its strong sense of community, with numerous events and festivals throughout the year that bring neighbors together. Discover the charm of Albany and find your dream home under $400,000 in this dynamic city that perfectly balances history, culture, and modern living. Embrace the opportunity to become part of Albany’s vibrant tapestry!

Newest Albany Homes under $400,000

$350,000

5 Beds ⋅ 3 Baths ⋅ 202628905 MLS

Rare find - first floor in law efficiency with separate entrance, plus a generous apartment style home on the second floor complete with a beautiful sun room/play room, family room and dining room! Perfect for multi generational living or a large family. The third floor is currently used for storage but does have a full bath and a large open space for a game room or a more family space. Loads of possibilities. Lots of off street parking and a two car tandem garage as well. A convenient location - restaurants and bus routes are in walking distance. .

51 Winnie Street, Albany

$329,000

8 Beds ⋅ 2 Baths ⋅ 202628894 MLS

Looking for your next real estate investment? This spacious 8-bedroom duplex offers excellent rental income potential and an opportunity to build long-term value. Upgrades and improvements already completed. Located in the heart of Pine Hills. This duplex is a great opportunity for investors looking to expand their portfolio and maximize future potential.

530 Hudson Avenue, Albany

$285,000

3 Beds ⋅ 2 Baths ⋅ 202628890 MLS

Welcome to 70 Pinewood Ave, a beautifully refreshed home in Albany's highly desirable Helderberg neighborhood! Step through the bright, enclosed front sun porch featuring new flooring into a spacious main level filled with historic charm and modern updates. The living room showcases gleaming hardwood floors and a classic brick wood-burning fireplace flanked by beautiful stained-glass windows, flowing seamlessly into the formal dining room. The modernized kitchen is equipped with crisp white cabinetry, granite countertops, new flooring, and stainless steel appliances. Comfort and efficiency are built-in with a four-zone natural gas, hot water heating system. Upstairs, all bedrooms offer abundant natural light and continuing hardwood floors. The updated upper-level full bathroom features a fully tiled tub and shower combination. The finished, heated basement significantly expands your living space with a large, carpeted flexible room, ideal for a media space, home gym, or playroom, along with a dedicated laundry area and a convenient second full bathroom with a shower. Outside, enjoy a private paved driveway for hassle-free off-street parking and a deep, grassy backyard complete with a storage shed. A brand-new roof provides turnkey peace of mind! Ideally situated near New Scotland Avenue, you're just moments from popular neighborhood restaurants, local shops, St. Peter's Hospital, and Albany Medical Center. Welcome home!

70 Pinewood Avenue, Albany

$360,000

2 Beds ⋅ 2 Baths ⋅ 202628887 MLS

Updated 2-family in Albany's vibrant neighborhood known for lively arts & nightlife. This prime Center Square & Hudson Park Historic District is walking distance to restaurants, galleries, boutiques, farmers market, Washington Park, MVP Arena, Empire State Plaza & downtown employment, Albany Med in 4 blocks. Enjoy easy living walking to unique coffee shops (Station 6, Daily Grind), local bars, outdoor concerts & festivals in this tight knit community. Retreat to your sweet pad as each unit offers modern comfort w/ a new kitchen, bath, vinyl floors, fresh paint, new appliances. Rent both units OR occupy a unit while your tenant pays your mortgage. It's a win win ROI (return-on-investment)! Enjoy the fenced in backyard & gardens under the stars. Lower unit features 1 bedroom, 1 bath, gorgeous kitchen with breakfast bar, solid surface counter tops, open living room, washer/dryer & new dishwasher. Upper unit has a brand new updated bathroom, 1 bedroom, vaulted ceiling, lots of natural light, a spacious living room, cozy reading nook, big kitchen w/ all new appliances and breakfast nook & back porch. Both units have ample storage, closet space. Current rent is $1350 for each unit, however, market rent is $1500 for 1 bedroom. On street parking w/ residential permit. Most recent updates: new exterior paint, new front stairs, new basement window, new roof.

39 Irving Street, Albany

$245,000

6 Beds ⋅ 2 Baths ⋅ 202628883 MLS

This move in ready home is good cash flow as an investment property or owner occupancy. Home is well maintained and is ready to turn a profit or pay the mortgage for its new owner. Both units have been renovated in the last two years. Long term tenants are in both units.

478 1st Street, Albany

$189,000

1 Beds ⋅ 1 Baths ⋅ 202628874 MLS

Welcome to convenient downtown Albany living! This spacious 1-bedroom, 1-bath condominium offers approximately 1,040 square feet of comfortable living space in a fantastic location. Situated on the first floor, this unit features easy access from the private parking lot, along with an assigned off-street parking space—a rare convenience in the heart of the city. Inside, you'll find a generous living area, separate dining space, and a functional layout with plenty of room to make it your own. Located just minutes from the New York State Capitol, Empire State Plaza, restaurants, shopping, and entertainment, this condo offers the perfect combination of city living and everyday convenience. Enjoy low-maintenance living with an HOA that includes water, trash removal, and grounds maintenance. Don't miss this opportunity to own a spacious condo in one of Albany's most convenient locations

270 Hudson Avenue # 104, Albany

$375,000

3 Beds ⋅ 2 Baths ⋅ 202628873 MLS

Prime Albany, NY location — just minutes to SUNY Albany, St. Peter's Hospital, and Albany Medical Center. Move-in ready brick and stone ranch with true single-story, one-level living: 4 bedrooms, 2.5 bathrooms, and 2,146 sq ft of bright living space with hardwood floors, skylights, and central air. A separate in-law suite with a private entrance makes this home ideal for multi-generational living or long-term guests. The spacious lower level is framed, with plumbing roughed in for a full bathroom — ready to finish as extra living space. Two-car garage, ample storage, and a fully fenced yard with mature fruit trees. Easy access to shopping, dining, and major commuter routes.

30 Tryon Court, Albany

$205,000

2 Beds ⋅ 1 Baths ⋅ 202628857 MLS

Welcome to this charming and well-maintained home, conveniently located in the heart of Albany! Featuring beautiful hardwood floors and an inviting open front porch, this home offers a comfortable and functional layout. The first floor includes a full bathroom and convenient laundry area, while the second floor features two bedrooms. Enjoy additional space with an enclosed rear porch overlooking the fenced-in backyard, perfect for relaxing or entertaining. Ideally situated within walking distance of Albany Medical Center, Albany Law School, Albany College of Pharmacy, local restaurants, shops, and everyday conveniences. Parking is readily available right in front of the home. Whether you're a first-time homebuyer or looking to downsize, this home offers a wonderful opportunity in a convenient location. Furnishings and other items in the home are negotiable. Seller is unaware of the reason the split-unit A/C system is not functioning. The system is being conveyed in as-is condition, with no repairs or warranties provided by the seller.

36 Maple Avenue, Albany

$289,900

3 Beds ⋅ 2 Baths ⋅ 202628849 MLS

Gorgeous move-in ready home! This hard-to-find all-Brick Ranch home with Garage & Central Air is ready for its new owner! Home Offers quaint front Enclosed Entry Porch (perfect for summer lounging), followed by very nice tiled Foyer with full coat closet, & gorgeous hardwood floors throughout! The bright and spacious Living Room opens to formal Dining Room. The Eat-in Kitchen is fully applianced. There are Hardwood Flooring and closets in all 3 Bedrooms. Both the Full Bathroom and Half Bath are tiled and in very good condition. Full bath is located the rear Bedroom. The Rear Yard is completely fenced in with exit to yard off the kitchen. The attached one car garage and central air completes all the "I wants"! Bonus finished Recreation Room in the dry basement along with laundry room and walk-in cedar closet provides additional living space. Basement foundation is 12'' block walls making it a solid house. Exterior of home is all brick with accent stone along the front. Concrete driveway is in good condition requiring no routine maintenance. This is a perfect affordable home convenient to SUNYA, State Offices, Capital Offices, Albany Med, St. Peters, and area shopping! Access to Rt. 85 and I-90 couldn't be any easier! Don't delay, grab this one quickly and make it your own!

89 Edgewood Avenue, Albany

$209,000

2 Beds ⋅ 1 Baths ⋅ 202628833 MLS

Welcome to 16 Lyric Ave, a refreshed 2-bedroom home with a comfortable layout and a convenient Albany location. The updated kitchen features white cabinetry, stainless steel appliances, and a tile backsplash. A separate living room offers recessed lighting and light-toned flooring, while the renovated full bathroom features a marble-look tile. Outside, enjoy a fenced yard and paved driveway. The unfinished basement provides additional utility and storage space. Conveniently located near the Central Avenue and Wolf Road shopping and dining corridor, including Colonie Center. CDTA Route 1 provides service between Colonie Center and downtown Albany seven days a week. Whether you're looking for a home of your own or an investment opportunity, this property offers a practical layout and convenient location. An excellent rental, Airbnb, house-hack or owner occupied opportunity. Schedule your private showing today.

16 Lyric Avenue, Albany

$374,500

5 Beds ⋅ 3 Baths ⋅ 202628813 MLS

***OPEN HOUSE, SUNDAY, OCT 25th 11 AM - 1 PM*** Timeless Elegance Meets Modern Sophistication | Rare Dutch Colonial on an Oversized Corner Lot with Three-Car Garage. A Rare & Exceptional Opportunity in Albany's Coveted Melrose/Pine Hills Neighborhood. Discover the timeless elegance of this quintessential Dutch-style Center Hall Colonial, gracefully situated on an expansive, oversized corner lot along one of the neighborhood's most desirable blocks. Complete with a rare three-car detached garage, this distinctive residence offers an exceptional blend of historic charm, architectural character, and modern-day sophistication. Spanning over 2,300 square feet across three beautifully appointed levels, this impressive single-family residence boasts five spacious bedrooms, two-and-a-half baths, an inviting front porch, a private rear deck, and an abundance of thoughtfully preserved original details. Rich architectural elements include soaring ceilings, oversized windows, gleaming hardwood floors, a fireplace, custom built-ins, elegant crown molding, classic wainscoting, intricate woodwork, and gracious double formal living rooms—each reflecting the craftsmanship and character of a bygone era. Thoughtful recent improvements complement the home's historic integrity, including a beautifully remodeled kitchen, updated baths, refinished hardwood floors, fresh interior paint, modern lighting, refreshed landscaping, and much more. Location is everything! Enjoy convenient access to Buckingham Pond, Albany Medical Center, St. Peter's Hospital, SUNY Albany, Albany Law School, Albany College of Pharmacy, state and legislative offices, Stuyvesant Plaza, charming coffee shops, acclaimed eateries, and countless other Capital Region destinations. An extraordinary opportunity to own a timeless Albany classic, where historic elegance meets contemporary comfort.

28 Homestead Avenue, Albany

$324,900

4 Beds ⋅ 2 Baths ⋅ 202628786 MLS

349D Madison Avenue, Albany, NY 12210 — Held by the same family for many years, this three-story brick townhouse sits on one of Madison Avenue's most established stretches, steps from Washington Park and around the corner from Lark Street. The home keeps the character you'd expect in Albany's Center Square/Hudson-Park Historic District: original woodwork, high ceilings, and large formal living and dining rooms. A well-planned layout with generous open spaces makes it easy to live in. The property offers two clear paths. It can stay a spacious single-family home, or it can be reconfigured as a two-unit property. The layout lends itself to a one-bedroom garden-level apartment with a three- to four-bedroom unit above. Buyer to verify conversion with the City of Albany. The outdoor features are rare for downtown Albany. There is a front yard, a private backyard, off-street parking, and a detached garage. The garage provides storage and added value for a buyer ready to restore it. The location puts you minutes from Albany Medical Center, the Empire State Plaza, the State Capitol, and downtown Albany. Access to I-787 and I-90 is quick for regional travel. This is a distinctive historic Albany townhouse offering character, flexibility, and value at this price point.

349D Madison Avenue, Albany

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Albany Homes under $400,000

Newest Albany Homes under $400,000

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