Cheap homes for sale & real estate in 12240, NY

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ABOUT THIS HOME
Cheap Home for sale in 12240, NY:
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.

$259,900

6 beds2 baths1,952 sq ft

282 Second Ave, Albany, NY 12209

2,613 sq ft lot • Built 1937 • Listed 12 days

Listing by Re Max Solutions

ABOUT THIS HOME
Cheap Home for sale in 12240, NY:
Welcome to this completely updated two-family home offering modern finishes and great investment potential. Both units have been beautifully renovated and are move-in ready. The basement is already partially prepared and offers the potential to be finished into a third unit, subject to city approvals. A great opportunity for an owner-occupant or investor looking for additional rental income.

$349,900

3 beds3 baths2,750 sq ft

42 Spring St, Albany, NY 12210

Modern finishes • Potential third unit • 1,742 sq ft lot

Listing by Coldwell Banker Prime Properties

ABOUT THIS HOME
Cheap Home for sale in 12240, NY:
Very nice, well kept, 2 family for investors who want to start their portfolio or add to an existing one. It can be owner-occupied as well. Each unit features an eat-in kitchen, living room, 2 bedrooms, and a full bath. Large driveway to hold numerous cars. 24-hour notice is required.

$210,000

4 beds2 baths2,100 sq ft

25 Benjamin St, Albany, NY 12202

Large driveway • Living room • Eat-in kitchen

Listing by 518 Realty.Com Inc

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 12240, NY:
$60,000 Now is the time to take advantage of an opportunity to unlock the potential of this conveniently located lot in the thriving City of Albany. This build-ready lot offers a chance to start a family with a two-story home in a friendly up-and-coming neighborhood. With Tivoli Lake Preserve and Community Farm only a block and a half away, and beautiful Washington Park only a short distance in the other direction, this is a great place to call home. Sheridan Preparatory Academy, Albany Middle & amp; High Schools are all within a mile. Being so close to Samaritan Hospital, Shopping, Restaurants, Downtown, Great Schools, Parks, only minutes from I-90 (Exit 6), and the Bus Line make this

$40,000

6 beds2 baths1,600 sq ft

43 Judson St, Albany, NY 12206

Samaritan hospital • Washington park • Tivoli lake preserve

ABOUT THIS HOME
Cheap Home for sale in 12240, NY:
Updated 2-bedroom, 1-bath condominium (Unit 22), about 810 sq ft, in Albany's Historic Pastures. New flooring in the living room, hallway and both bedrooms, new windows in the primary bedroom, and an updated kitchen with a new refrigerator, oven and faucet. In-unit washer and dryer and two parking spaces. Leased at $1,600/month through December 1, 2026. Monthly charges are $299.48 in condominium common charges plus $78 to the master homeowners association. Annual taxes are about $2,172. The condominium is not FHA-approved. DSCR, portfolio and cash buyers are welcome; we recommend confirming condominium requirements with your lender early. Close to Downtown Albany, Empire State Plaza, MVP A

$124,900

2 beds1 bath810 sq ft

54 Westerlo St #22, Albany, NY 12202

New flooring • New faucet • New oven

Listing by KW Platform

Property at 29 Bertha St, Albany, NY 12209, 6 beds, 2 baths

$269,000

6 beds2 baths2,252 sq ft

29 Bertha St, Albany, NY 12209

Listing by New Scotland Realty

Property at 239 Colonie St, Albany, NY 12210, 6 beds, 2 baths

$179,900

6 beds2 baths2,156 sq ft

239 Colonie St, Albany, NY 12210

Listing by Howard Hanna Capital Inc

Property at 19 Beekman St, Albany, NY 12209, 4 beds, 2.5 baths

$250,000

4 beds2.5 baths1,282 sq ft

19 Beekman St, Albany, NY 12209

Listing by Park Pro Realty LLC

Property at 1809 4th St, Rensselaer, NY 12144, 3 beds, 2 baths

$225,000

3 beds2 baths1,582 sq ft

1809 4th St, Rensselaer, NY 12144

Listing by Verity Realty LLC

Property at 19 N Lake Ave, Albany, NY 12203, 4 beds, 1.5 baths

$189,900

4 beds1.5 baths1,888 sq ft

19 N Lake Ave, Albany, NY 12203

Listing by Redway Realty LLC

Property at 86 Benson Street St, Albany, NY 12206, 4 beds, 1.5 baths

$391,100

4 beds1.5 baths1,300 sq ft

86 Benson Street St, Albany, NY 12206

Listing by eXp Realty

Property at 125A N Main Ave, Albany, NY 12206, 4 beds, 1.5 baths

$206,000

4 beds1.5 baths1,463 sq ft

125A N Main Ave, Albany, NY 12206

Listing by Realty One Group Key

Property at 57 O Connell St, Albany, NY 12209, 2 beds, 2 baths

$145,000

2 beds2 baths1,584 sq ft

57 O Connell St, Albany, NY 12209

Listing by Moore Thomas P

Property at 640 Park Ave, Albany, NY 12208, 6 beds, 2 baths

$325,000

6 beds2 baths2,261 sq ft

640 Park Ave, Albany, NY 12208

Listing by KW Platform

Property at 36 Westerlo St #9, Albany, NY 12202, 2 beds, 1.5 baths

$125,900

2 beds1.5 baths1,057 sq ft

36 Westerlo St #9, Albany, NY 12202

Listing by KL Realty Team LLC

Property at 28 1st St, Albany, NY 12210, 7 beds, 5 baths

$349,900

7 beds5 baths3,872 sq ft

28 1st St, Albany, NY 12210

Listing by Clancy Real Estate

Property at 18 Mccrossin Ave, Albany, NY 12206, 6 beds, 2 baths

$379,900

6 beds2 baths3,112 sq ft

18 Mccrossin Ave, Albany, NY 12206

Listing by Empire Real Estate Firm LLC

Property at 19 Regent St, Albany, NY 12202, 3 beds, 2 baths

$179,900

3 beds2 baths1,200 sq ft

19 Regent St, Albany, NY 12202

Listing by Bicentennial Realty

Property at 287 1st St, Albany, NY 12206, 4 beds, 2 baths

$145,000

4 beds2 baths2,036 sq ft

287 1st St, Albany, NY 12206

Listing by Schermerhorn Realty Group LLC

Property at 288-290 Yates St, Albany, NY 12208, 6 beds, 4 baths

$375,000

6 beds4 baths2,800 sq ft

288-290 Yates St, Albany, NY 12208

Listing by M J J Realty

Property at 312 Third St, Albany, NY 12206, 6 beds, 2 baths

$199,999

6 beds2 baths1,772 sq ft

312 Third St, Albany, NY 12206

Listing by M J J Realty

Property at 1540 4th St, Rensselaer, NY 12144, 3 beds, 1.5 baths

$274,900

3 beds1.5 baths1,320 sq ft

1540 4th St, Rensselaer, NY 12144

Listing by Newcomb Realty Group LLC

Property at 74 Judson St, Albany, NY 12206, 6 beds, 2 baths

$249,900

6 beds2 baths1,976 sq ft

74 Judson St, Albany, NY 12206

Listing by Find Advisors

Property at 188 Clinton Ave, Albany, NY 12210, 4 beds, 1.5 baths

$160,000

4 beds1.5 baths1,892 sq ft

188 Clinton Ave, Albany, NY 12210

Listing by KW Platform

Property at 73 South St, Rensselaer, NY 12144, 3 beds, 1 bath

$177,000

3 beds1 bath1,120 sq ft

73 South St, Rensselaer, NY 12144

Listing by Monticello

Property at 73 Clinton St, Albany, NY 12202, 9 beds, 3 baths

$350,000

9 beds3 baths3,300 sq ft

73 Clinton St, Albany, NY 12202

Listing by Miuccio Real Estate Group

Property at 67 Lark St, Albany, NY 12210, 6 beds, 2 baths

$175,000

6 beds2 baths2,422 sq ft

67 Lark St, Albany, NY 12210

Listing by Empire Real Estate Management LLC

Property at 545 Washington Ave, Albany, NY 12206, 8 beds, 2 baths

$369,900

8 beds2 baths2,208 sq ft

545 Washington Ave, Albany, NY 12206

Listing by Fave Realty Inc

Property at 339 Delaware Ave, Albany, NY 12209, 6 beds, 2 baths

$289,900

6 beds2 baths2,772 sq ft

339 Delaware Ave, Albany, NY 12209

Listing by Real Broker NY LLC

Property at 8 Harrison Ave, Rensselaer, NY 12144, 2 beds, 2 baths

$210,000

2 beds2 baths1,428 sq ft

8 Harrison Ave, Rensselaer, NY 12144

Listing by Crystal Coleman Realty LLC

Property at 171 Lancaster St, Albany, NY 12210, 4 beds, 2 baths

$343,900

4 beds2 baths2,305 sq ft

171 Lancaster St, Albany, NY 12210

Listing by Lincoln House Realty

Property at 472 Hudson Ave, Albany, NY 12203, 10 beds, 3 baths

$365,000

10 beds3 baths3,197 sq ft

472 Hudson Ave, Albany, NY 12203

Listing by Re Max Solutions

Property at 323 Clinton Ave, Call Listing Agent, NY 12210, 7 beds, 3 baths

$375,000

7 beds3 baths3,000 sq ft

323 Clinton Ave, Call Listing Agent, NY 12210

Listing by VIP Realty Home Inc.

Property at 15 Sherman St, Albany, NY 12210, 4 beds, 2 baths

$149,900

4 beds2 baths2,100 sq ft

15 Sherman St, Albany, NY 12210

Listing by Newcomb Realty Group LLC

Property at 38 Walker St, Rensselaer, NY 12144, 2 beds, 1 bath

$165,000

2 beds1 bath1,073 sq ft

38 Walker St, Rensselaer, NY 12144

Listing by KW Platform

Property at 17 Alden Ave, Albany, NY 12209, 4 beds, 2 baths

$210,000

4 beds2 baths1,668 sq ft

17 Alden Ave, Albany, NY 12209

Property at 402 2nd St, Albany, NY 12206, 6 beds, 2 baths

$65,000

6 beds2 baths2,300 sq ft

402 2nd St, Albany, NY 12206

Listing by KW Platform

Property at 21 Western Ave, Albany, NY 12203, 3 beds, 2.5 baths

$309,900

3 beds2.5 baths1,286 sq ft

21 Western Ave, Albany, NY 12203

Listing by Berkshire Hathaway Home Services Blake

Property at 16 Benson St, Albany, NY 12206, 6 beds, 3 baths

$289,000

6 beds3 baths2,112 sq ft

16 Benson St, Albany, NY 12206

Listing by Coldwell Banker Prime Properties

Property at 354 Second Ave, Albany, NY 12209, 6 beds, 2 baths

$239,900

6 beds2 baths2,252 sq ft

354 Second Ave, Albany, NY 12209

Listing by KW Platform

Property at 125 N Main Ave, Albany, NY 12206, 3 beds, 1 bath

$215,000

3 beds1 bath1,178 sq ft

125 N Main Ave, Albany, NY 12206

Listing by Newcomb Realty Group LLC

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Based on information submitted to the MLS GRID as of Tue Oct 13 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in 12240

There are currently 144 cheap homes for sale in 12240. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 12240 every 15 minutes.

Find your dream home in 12240 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 12240 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 12240. If you're looking to sell your home in the 12240 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 12240 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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