Albany Homes under $400,000

Welcome to Albany, New York, a vibrant city that beautifully blends history, culture, and community spirit. Known for its rich heritage and stunning architecture, Albany is not only the capital of New York State but also a fantastic place to call home. One of the standout features of this city is its exceptional school district, which is dedicated to providing quality education and fostering a supportive environment for students.

The Albany School District is renowned for its commitment to academic excellence and holistic development. With a diverse range of programs and extracurricular activities, students are encouraged to explore their interests and talents. The district prides itself on its dedicated educators, who work tirelessly to ensure that every child has the opportunity to succeed. From innovative STEM programs to arts and athletics, Albany schools are designed to nurture the next generation of leaders.

For families looking to settle in this charming city, there are numerous homes available under $400,000. This price range offers a variety of options, from cozy bungalows to spacious family homes, all nestled in friendly neighborhoods. Living in Albany means you can enjoy the convenience of urban amenities while being surrounded by picturesque parks and recreational facilities.

Whether you’re drawn by the excellent schools, the rich cultural scene, or the affordability of housing, Albany is a place where you can truly thrive. Explore the possibilities of making Albany your home, and discover a community that celebrates education, growth, and togetherness. Your dream home awaits in this dynamic city!

Newest Albany Homes under $400,000

$55,000

3 Beds ⋅ 2 Baths ⋅ 202629240 MLS

Great rehab opportunity for a seasoned investor or handyman special. 3 Bedroom 2 bathroom single family home offering immense potential. This home features a solid layout, good square footage and a large backyard. However, this property requires interior and exterior rehabilitation. Price competitively to reflect current condition and estimated repair costs. Sold strictly AS IS, WHERE IS. Seller will make no repairs, proof of funds or cash offer required for submission. Contact agent for access and offer submission.

505 2nd Street, Albany

$71,000

3 Beds ⋅ 1 Baths ⋅ 202629229 MLS

Property is being sold as is. 3 Bedroom, 1 Bath with lots of potential. With some vision and updates, this property could be transformed into a fantastic primary residence or investment opportunity.

33 Colby Street, Albany

$369,000

4 Beds ⋅ 2 Baths ⋅ 202629212 MLS

Well-Maintained Two-Family Home in a Convenient Location! Conveniently located near Route 85 and the New York State Office Campus, this well-maintained two-family property offers a great opportunity for owner-occupants or investors. Each spacious unit features two bedrooms, a living room, formal dining room, kitchen, breakfast nook, and full bath. Unit 1 (First Floor): Features an updated kitchen and bathroom, beautiful hardwood floors, and tile flooring. Unit 2 (Second Floor): Offers a spacious layout with hardwood floors beneath the carpeting and tile flooring in the kitchen and bathroom. Additional features include gas hot water heating, gas water heaters, basement laundry hookups, a one-car garage, and a semi-private backyard. The roof's age is unknown but apears to be in good condition with no known leaks. Asbestos-containing insulation is present on basement piping and appears to be intact, with no visible loose or frayed material. Additional Information: Property is being sold as-is, with any home inspections for informational purposes only. No ROPs (Residential Occupancy Permits) are available, as the property has been family-occupied and they were not required.

87 Eileen Street, Albany

$239,000

4 Beds ⋅ 2 Baths ⋅ 202629201 MLS

**An Opportunity to Restore, Reimagine, and Make Your Own!** Brimming with original character and endless potential, this spacious Albany home offers the perfect canvas for those looking to create something truly special. A traditional floor plan features generously sized rooms, multiple living spaces, and large bedrooms, offering an ideal combination of comfortable everyday living and versatile spaces for entertaining. A finished third floor offers additional living space, ideal for a home office, recreation room, or private retreat. Outside, enjoy a generously sized yard, ample off-street parking, and the added benefit of a new roof. Ideally situated just minutes from Albany Medical Center and St. Peter's Hospital, with convenient access to shopping, dining, and major employment centers. With its timeless architectural details, substantial living space, and exceptional potential, this property presents an exciting opportunity to thoughtfully update and restore a home full of character. Bring your vision and unlock the possibilities!

101 N Pine Avenue, Albany

$230,000

2 Beds ⋅ 1 Baths ⋅ 202629188 MLS

Welcome to Western Gardens! Turn key 2 bedroom condo in prime Uptown Albany location. Live in comfort, with an updated kitchen with granite counters and stainless appliances, hardwood floors, and central AC and heat. There's an open and bright layout from the windows and skylights. Relax with care-free living- the HOA provides all exterior building maintenance, snow removal, cable & internet service, trash, water & sewer, landscaping, and common area maintenance. In-unit laundry and a dedicated parking spot provides added lifestyle ease. Very walkable area and conveniently located nearby SUNY Albany, state office Harriman Campus, NANO, Stuyvesant Plaza, and go-to cafes and shops. Pets allowed, and must be approved by HOA.

1110 Western Ave Unit 5, Albany

$334,999

3 Beds ⋅ 2 Baths ⋅ 202629180 MLS

Spacious brick ranch conveniently located between Hackett Boulevard and Whitehall Road in Albany, directly across from Albany Academy. Situated in a walkable neighborhood with easy access to major colleges, hospitals, shopping, dining, and everyday amenities. This home features three bedrooms, including a generously sized primary bedroom (17' x 11') with ample closet space, plus two additional bedrooms measuring 11' x 9' each. The formal dining room with sliding glass doors provides a great space for entertaining, while the large kitchen offers abundant cabinetry and workspace. Three full bathrooms include two on the main level and one on the lower level. The full finished basement provides additional living space with a variety of potential uses. A convenient location, spacious layout, and classic brick exterior make this property a great opportunity for homeowners or investors alike.

40 Marwill Street, Albany

$299,000

6 Beds ⋅ 2 Baths ⋅ 202629171 MLS

*Open House Sunday, November 1st from 11am-1pm* Great opportunity to own a two-family property in Albany! Each unit features 3 bedrooms and 1 full bathroom, with spacious bedrooms and generous living areas. The first-floor unit is currently rented, generating $1,400 in monthly rental income, while the second-floor unit is vacant and ready for an owner-occupant or new tenant. Enjoy the added benefit of a private backyard. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking rental income to help offset your mortgage, this property offers plenty of potential. Don't miss this opportunity to own a versatile two-family home in Albany!

121 N Allen Street, Albany

$350,000

2 Beds ⋅ 2 Baths ⋅ 202629164 MLS

Welcome to 65 Woodside Drive, an updated and well-maintained end unit townhome in the desirable New Scotland Woods neighborhood. Combining character with modern comfort, this property features a number of capital improvements, mechanical upgrades, and custom design details throughout. A complete list of the key features from maintenance and upgrades to the background on the historic fireplace mantel is under documents!! Your choice of a first or second floor primary bedroom. Walk-out finished lower level offers a family room with patio door leading to a composite deck with a Hot Springs hot tub. Additional room suitable for a third bedroom or office. No HOA fees. Showings begin Sunday, November 1. Schedule your private showing today.

65 Woodside Drive, Albany

$229,900

5 Beds ⋅ 2 Baths ⋅ 202629158 MLS

Mansion area neighborhood! Walk to Empire State Plaza and downtown Albany. Rarely seen Stand-alone 19th century townhouse. Apartment 1 is ideal for owner occupied featuring 2 levels of spacious living with high ceilings and full walkout access. 2nd floor apartment boasts vaulted ceilings 2 bedrooms plus a den. Hardwood floors throughout the building. Building in need of cosmetic work but overall, a great opportunity to invest in.

38 Trinity Place, Albany

$59,900

4 Beds ⋅ 1 Baths ⋅ 202629145 MLS

INVESTOR SPECIAL - BRING YOUR VISION AND UNLOCK THE POTENTIAL! Opportunity awaits at 351 3rd Street in Albany, NY! This spacious 4-bedroom, 1-bath property offers 1,529 square feet of possibilities just waiting to be reimagined! Imagine transforming this property into a beautifully updated home with inviting living spaces, a modern kitchen, stylish finishes, and comfortable bedrooms. Whether you're envisioning a renovation for resale, a long-term rental investment, or a home customized to your vision, the potential is exciting! Bring your contractor, creativity, and imagination to explore the possibilities! Property is being sold strictly AS-IS. Buyer to perform all due diligence and verify property condition, permitted uses, and renovation requirements. The potential is here. The vision is yours. Schedule your showing today!

351 3rd Street, Albany

$260,000

3 Beds ⋅ 2 Baths ⋅ 202629120 MLS

There's nothing to do but move right into this gorgeous Pine Hills home! Featuring beautiful hardwood floors, original woodwork, a newer roof, and an updated kitchen, this charming 3-bedroom, 1.5-bathroom home is full of character and charm. Enjoy the added bonus of a fenced-in yard and a fantastic location just minutes from restaurants, bars, UAlbany, and so much more! Charming, move-in ready, and conveniently located, this Pine Hills gem is one you won't want to miss!

842 Jay Street, Albany

$275,000

5 Beds ⋅ 2 Baths ⋅ 202629098 MLS

Open House Friday 10/30 4-6PM And Saturday 10/31 10-12AM! Rare two-family on a double lot in the City of Albany! 383 Clinton Ave pairs classic character with steady income. Hardwood floors and ornate wood trim run throughout, all in remarkable condition. The upstairs unit is a spacious 4 bed, 2.5 bath with its own laundry room and a full office, rented at $1,400/month to a tenant who has called it home for years. The downstairs unit rents for $1,000/month. Both units are month to month, and current rents leave significant room for growth, making this a true value-add opportunity! Parking is a standout: off-street space for 7 cars plus an attached 2-car garage, something you almost never find in the city! The basement offers potential for an additional unit, subject to permitting and buyer due diligence. Fully rented with $2,400/month in gross income and major upside, this is a strong fit for an investor or an owner-occupant looking to offset the mortgage. Take the 3D tour to walk through every room from home. Properties like this don't last!

383 Clinton Avenue, Albany

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Albany Homes under $400,000

Newest Albany Homes under $400,000

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