Albany Homes under $300,000

Welcome to Albany, New York – a vibrant city steeped in rich history and brimming with modern charm. As the capital of New York State, Albany is known for its stunning architecture, diverse culture, and a strong sense of community. Nestled along the banks of the Hudson River, this city offers a unique blend of urban amenities and picturesque natural landscapes, making it an ideal place to call home.

For those looking to settle in Albany without breaking the bank, there are fantastic opportunities to find homes under $300,000. The real estate market here is diverse, featuring everything from cozy single-family homes to charming townhouses and contemporary condos. With affordable options available, first-time homebuyers, families, and investors alike can discover the perfect property to suit their needs.

Albany’s neighborhoods are as varied as its residents, each offering its own unique character and amenities. From the historic streets of Center Square, where you can enjoy vibrant nightlife and local eateries, to the family-friendly suburbs with parks and schools, there’s something for everyone. The city also boasts excellent public transportation, making it easy to commute to nearby cities like Troy and Schenectady.

Living in Albany means enjoying a rich cultural scene, with museums, theaters, and festivals that celebrate the city’s heritage. With its affordable housing options and lively atmosphere, Albany is not just a place to live, but a community to thrive in. Come explore the possibilities and make Albany your new home!

Newest Albany Homes under $300,000

$300,000

3 Beds ⋅ 1 Baths ⋅ 202627396 MLS

Move-in-ready home conveniently located near Albany Medical Center, St. Peter's Hospital, and Albany Law School. Property features an updated kitchen, renovated bathroom with contemporary fixtures and finishes, hardwood floors, numerous interior updates, and dedicated off-street parking.

71 Hollywood Avenue, Albany

$250,000

3 Beds ⋅ 2 Baths ⋅ 202627278 MLS

Great Location! This beautiful Colonial has been lovingly cared for with classic charm. The inviting 1st floor features a living room, formal dining room, family room with a cozy gas fireplace and a sweet functional kitchen with a convenient pantry just off the back of the home. Hardwoods are tucked beneath the carpeting on the 1st floor. Outside, you'll love the wonderful garage/workshop separate wood shed, and refurbished driveway completed in 2020. The main roof was replaced in 2019, with flat roof updated in 2024. A well maintained home is great location with plenty of character and practical amenities, this colonial is ready for its next chapter. Some pictures have been virtually enhanced.

6 Victor Street, Albany

$89,000

3 Beds ⋅ 1 Baths ⋅ 202627270 MLS

Opportunity in Albany! Corner Property with Value-Add Potential. Bring your vision to this 3-bedroom, 1-bath single-family home situated on a corner lot. The property offers an opportunity for renovation and customization, whether for owner occupancy, rental use, or resale, subject to applicable requirements. Features include a full basement, fenced backyard, and newly constructed sidewalk. The property requires cleaning and renovation and is being sold strictly AS IS. Seller has never occupied the property and makes no representations regarding its condition. Cash offers preferred. Proof of funds required prior to scheduling an interior showing. All showings are by appointment only.

63 Judson Street, Albany

$259,900

6 Beds ⋅ 2 Baths ⋅ 202627259 MLS

Cash Flowing 2 Family with great rental history bringing in just under 3k a month. A great addition to the existing portfolio or the owner occupant starting out. Located close to 787 and I87 corridor.

282 Second Avenue, Albany

$269,900

6 Beds ⋅ 2 Baths ⋅ 202627252 MLS

Fully rented with excellent Tenants generating 3400 per month This fully remodeled 2 family will cash flow immediately. 2nd Floor unit consists of a 4 bedroom duplex with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor. 2nd Floor features open floor plan with master bedroom two closets and an office off the bedroom. Unit 1 fully updated with large great room and open floor plan. All new kitchens and baths.

1114 Broadway, Albany

$199,900

3 Beds ⋅ 1 Baths ⋅ 202627189 MLS

Adorable home with tons of character and charm, offering a great opportunity to make it your own. The enclosed front porch is the perfect spot to curl up with a good book or enjoy your morning coffee. Hardwood floors add warmth and character throughout the home, and the three bedrooms offer plenty of space. The home does need some TLC, but with a little vision and effort, it could truly shine. Conveniently located close to shops, restaurants, the library, schools, and hospitals.

3 McDonald Road, Albany

$300,000

5 Beds ⋅ 2 Baths ⋅ 202627160 MLS

Beautifully renovated from top to bottom, this two-family home is ideally situated on a low-traffic dead-end street in Albany. Conveniently located near shopping, restaurants, parks, and everyday amenities, with easy access to both Albany and Bethlehem. Recent updates include renovated kitchens and baths in both units, a newer roof, updated heating systems, and newer windows. The spacious second-floor owner's unit features two bedrooms, including a generously sized primary bedroom that was previously two separate bedrooms, plus a large living room and dining room. An enclosed porch provides additional living space, while a charming alcove offers the perfect spot for a small home office or reading nook. The well-maintained and updated first-floor rental offers three bedrooms and is currently occupied by a tenant with a 12-month lease through April 1, 2027. A full basement provides plenty of storage, along with separate utilities and two laundry areas. An inviting front porch and large, level, fully fenced backyard provide appealing outdoor spaces for relaxing and entertaining. The lush yet manageable yard offers plenty of room for gardening, play, or simply enjoying the outdoors. A great opportunity for an owner occupant looking for rental income, an investor seeking a well-maintained two-family property, or anyone looking for the flexibility and income potential of a multi-family home in a convenient Albany location.

10 Bohl Avenue, Albany

$299,999

6 Beds ⋅ 3 Baths ⋅ 202627121 MLS

Attention Investors !! Looking to start or add to your business portfolio this could be a long term money maker 3 Family units rent could be higher. All showing are 48 hrs notice, Prequalified letter or proof of funding before any appointments are confirmed. ,Sold as is.

95 Lexington Avenue, Albany

$299,900

4 Beds ⋅ 2 Baths ⋅ 202627057 MLS

Welcome to 111 S. Allen Street Located in Albany's highly desirable Pine Hills neighborhood! This beautiful home perfectly balances timeless architectural character with top-tier energy efficiency. The main level welcomes you with refinished hardwood floors, a cozy fireplace with a wood stove insert, and an open-concept kitchen and dining area with direct access to the backyard. Every major detail has been cared for: brand-new boiler, upgraded electric, 2015 architectural roof, and new main water/sewer lines. Energy costs are kept remarkably low thanks to blown-in spray foam/cellulose insulation, efficient windows, and 10 fully owned solar panels that cover 100% of the current electric bill. Featuring 1.5 updated baths, restored original clapboard siding, and a partially finished basement ready for your personal touch, this home is 100% move-in ready!

111 S Allen Street, Albany

$295,000

2 Beds ⋅ 1 Baths ⋅ 202627009 MLS

HISTORIC ELEGANCE MEETS AWARD-WINNING RESTORATION IN CENTER SQUARE! Welcome home to Unit 3ER (Three East Rear) at the historic 355 State Street Condominiums - a grand pre-war landmark designed by renowned architect Marcus T. Reynolds in 1905. Just steps from Washington Park & the State Capitol complex, this residence seamlessly blends turn-of-the-century craftmanship with modern living, featuring stunning views of State Street, Lark Street & downtown Albany. Unit 3ER offers a peaceful retreat featuring high-end upgrades completed between 2022 & 2024: CHEF'S KITCHEN: Fully modernized luxury kitchen fitted with premium high-end appliances, updated custom cabinetry, & gorgeous quartzite surface finishes. REFINISHED HARDWOOD FLOORS: Beautifully restored hardwood floors flowing seamlessly through the living room, dining area, kitchen & main hallway. LIGHTING & ELECTRICAL UPDATES: Modern electrical enhancements throughout, featuring custom dimmable lighting fixtures to set the perfect ambiance. ENHANCED PRIVACY & SECURITY: A brand-new solid wood entryway door featuring upgraded heavy-duty hardware. LOW- MAINTENANCE COMFORT: Features tilt-in vinyl replacement windows that allow for easy cleaning, natural muffling of external sound & thermal efficiency. MAIN BEDROOM GRANDEUR: Enjoy ornate plasterwork, an original decorative mantelpiece, refinished doors & an expansive closet. DEDICATED STORAGE: Includes a private, dedicated storage unit conveniently located on the 5th floor. BUILDING HIGHLIGHTS & MODERN AMENITIES: SMART ACCESS & SECURITY: Experience convenient living with a modern smart access entry system. Issue visitor & delivery passes for secure package drop-offs & manage building entry remotely via the mobile app from anywhere in the world. PRESERVED ARCHITECTURAL HERITAGE: Gliding between the floors is an experience in itself thanks to the building's original, recently restored birdcage elevator-a rare & stunning architectural treasure.

355 State Street #3ER, Albany

$174,900

2 Beds ⋅ 2 Baths ⋅ 202626967 MLS

**Bring your vision to 30 Cortland Place!** This Albany property is packed with value-add potential and offers a great opportunity for an investor, renovator, or buyer looking to create instant equity. The home is ready for updates, giving the next owner the chance to renovate, customize, and unlock its full potential. A major head start is already in place with a furnace and water heater both approximately one year old. Priced with the needed improvements in mind and backed by a motivated seller, this could be the project you've been waiting for. Bring your ideas, your contractor, and your offer!

30 Cortland Place, Albany

$175,000

4 Beds ⋅ 2 Baths ⋅ 202626891 MLS

This Albany duplex offers 1,848 sq ft with 4 bedrooms and 2 full baths. Each unit has real breathing space, which is a rare find at this price point. Investors, this one's for you: live in one unit and let the other help cover the mortgage, or add it to your portfolio as a straightforward rental. It's zoned multi-residence and sits on a 3,192 sq ft lot, with quick access to downtown, Washington Ave, and the major routes that make Capital Region commuting easy. Priced where the numbers start to make sense. At $175K, it won't sit long. Schedule your showing today.

549 3rd Street, Albany

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