Cheap homes for sale & real estate in 12242, NY

132 homes

Sort:

Recommended

NEW 6 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 12242, NY:
This two-family property offers excellent potential for investors or owner-occupants looking to generate rental income while building equity. Conveniently located near downtown Albany and close to the Warehouse District, with easy access to shopping, restaurants, schools, public transportation, and major roadways. With two separate units and strong rental potential, this property is a solid addition to any investment portfolio. Bring your vision and take advantage of the opportunity to own income-producing real estate in the Capital District.

$184,900

4 beds2 baths1,672 sq ft

26 Albany St, Albany, NY 12204

Two family property • Near downtown albany • 1,742 sq ft lot

Listing by Howard Hanna Capital Inc

NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 12242, NY:
Discover an incredible real estate opportunity at 19 N Lake Avenue, Albany, NY 12203. Priced to sell fast, this spacious 1,888 sq. ft. home features 4 bedrooms and 1.5 bathrooms, low-maintenance vinyl siding, and nice size back yard. This property serves perfectly as a city starter home or a powerful, high-yield addition to your investment portfolio. Uniquely, the main floor features one of the four bedrooms and a convenient half bath, completely eliminating the need to climb stairs for daily living. This setup is perfect for multi-generational households, a private home office, or a guest room. Main-floor laundry hookups add to the effortless flow, saving you trips to the basement and maki

$200,000

4 beds1.5 baths1,888 sq ft

19 N Lake Ave, Albany, NY 12203

Local dining • 2,178 sq ft lot • Built 1917

Listing by Redway Realty LLC

NEW 11 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 12242, NY:
Excellent Opportunity to own a Charming Single Family Home in the thriving City of Albany. 4 Bedrooms and 1 Full Bathroom. Great for Owner Occupied or Investment. Many updates throughout. Beautiful Renovated Bathroom. Stainless Steel Appliances. Spacious Dining Room. Decorative Fireplace in the Large Living Room. Hardwood Floors. Partially Finished Basement for additional Living Space. New Roof. Cozy Front Porch. Peaceful Back Deck. Plenty of Off Street Parking in your Private Driveway. Just a 2 minute walk to trendy New Scotland Avenue. Close to Shopping, Restaurants, Schools, Parks, Bus Line and more. Check it out today!

$239,900

4 beds1 bath1,464 sq ft

268 Morris St, Albany, NY 12208

Renovated bathroom • Decorative fireplace • Spacious dining room

Listing by Scorzafava Real Estate Group LLC

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 12242, NY:
Great opportunity for both owner-occupants and investors! This spacious two-family property features 3 bedrooms on each floor with a bonus room on the second floor, offering plenty of room and flexibility. Set on a double lot, the property includes off-street parking and wheelchair accessibility. Conveniently located on the bus line, providing easy access to transportation. The perfect for an owner looking to live in one unit while renting the other, or an investor seeking to add a property to their portfolio.

$249,900

6 beds2 baths1,976 sq ft

74 Judson St, Albany, NY 12206

Double lot • Off-street parking • 8550 acre lot

Listing by Find Advisors

NEW 32 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 12242, NY:
The 2 upper units are rented month to month. Great investment opportunity located in the heart of Albany, offering convenience near schools, colleges, shopping and local churches. Each unit provides strong rental potential, and the spacious basement with its own entrance, formerly used as a dance studio, opens the door for an additional income producing unit or creative expansion. Whether an investor seeking cash flow or a buyer is looking for long-term equity, this property delivers exceptional value.

$315,000

6 beds3 baths2,112 sq ft

16 Benson St, Albany, NY 12206

Creative expansion • Spacious basement • 2,613 sq ft lot

Listing by Coldwell Banker Prime Properties

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

$150,000

2 beds2 baths1,584 sq ft

57 O Connell St, Albany, NY 12209

Listing by Moore Thomas P

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

$385,000

7 beds3 baths3,000 sq ft

323 Clinton Ave, Call Listing Agent, NY 12210

Listing by VIP Realty Home Inc.

Property at 473 Washington Ave, Albany, NY 12206, 4 beds, 2 baths

$324,900

4 beds2 baths1,786 sq ft

473 Washington Ave, Albany, NY 12206

Listing by KW Platform

Property at 1650 2nd St, Rensselaer, NY 12144, 2 beds, 2 baths

$199,999

2 beds2 baths116 sq ft

1650 2nd St, Rensselaer, NY 12144

Listing by Pro Realty Connection LLC

Property at 762 Clinton Ave, Albany, NY 12206, 6 beds, 2 baths

$249,900

6 beds2 baths2,070 sq ft

762 Clinton Ave, Albany, NY 12206

Listing by Gabler Realty LLC

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

$219,900

2 beds2 baths1,428 sq ft

8 Harrison Ave, Rensselaer, NY 12144

Listing by Crystal Coleman Realty LLC

Property at 145 Ontario St, Albany, NY 12206, 8 beds, 4 baths

$375,000

8 beds4 baths3,080 sq ft

145 Ontario St, Albany, NY 12206

Listing by Jandali Realty

Property at 434 Morris St, Albany, NY 12208, 3 beds, 1.5 baths

$294,900

3 beds1.5 baths1,440 sq ft

434 Morris St, Albany, NY 12208

Listing by MZ Home Solutions LLC

Property at 647 State St, Albany, NY 12203, 7 beds, 2 baths

$274,900

7 beds2 baths2,228 sq ft

647 State St, Albany, NY 12203

Listing by Madison Park Real Estate

Property at 54 Westerlo St #22, Albany, NY 12202, 2 beds, 1 bath

$139,900

2 beds1 bath810 sq ft

54 Westerlo St #22, Albany, NY 12202

Listing by KW Platform

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

$275,000

4 beds2.5 baths1,282 sq ft

19 Beekman St, Albany, NY 12209

Listing by Park Pro Realty LLC

Property at 521 Mercer St, Albany, NY 12208, 4 beds, 2 baths

$299,900

4 beds2 baths1,780 sq ft

521 Mercer St, Albany, NY 12208

Listing by Miranda Real Estate Group 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 345 Second Ave, Albany, NY 12209, 5 beds, 2 baths

$269,900

5 beds2 baths1,932 sq ft

345 Second Ave, Albany, NY 12209

Listing by KW Platform

Property at 399 State St Apt 805, Albany, NY 12210, 1 bed, 1 bath

$149,900

1 bed1 bath559 sq ft

399 State St Apt 805, Albany, NY 12210

Listing by Cornwell R E LLC

Property at 225 Jay St, Albany, NY 12210, 2 beds, 2 baths

$350,000

2 beds2 baths2,850 sq ft

225 Jay St, Albany, NY 12210

Listing by Miuccio Real Estate Group

Property at 7 Beverly Ave, Albany, NY 12206, 6 beds, 2 baths

$220,000

6 beds2 baths2,400 sq ft

7 Beverly Ave, Albany, NY 12206

Listing by KW Platform

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

$175,000

4 beds1.5 baths1,892 sq ft

188 Clinton Ave, Albany, NY 12210

Listing by KW Platform

Property at 6 Garden St, Albany, NY 12209, 2 beds, 1 bath

$229,900

2 beds1 bath1,150 sq ft

6 Garden St, Albany, NY 12209

Listing by Realty One Group Key

Property at 139 Ontario St, Albany, NY 12206, 6 beds, 2 baths

$258,000

6 beds2 baths2,732 sq ft

139 Ontario St, Albany, NY 12206

Listing by Darby Real Estate of New York Inc

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

$238,000

4 beds1.5 baths1,463 sq ft

125A N Main Ave, Albany, NY 12206

Listing by Realty One Group Key

Property at 8 Delaware Ter, Albany, NY 12209, 6 beds, 2.5 baths

$259,000

6 beds2.5 baths2,056 sq ft

8 Delaware Ter, Albany, NY 12209

Listing by Re Max Capital

Property at 476 2nd St, Albany, NY 12206, 5 beds, 3 baths

$263,900

5 beds3 baths3,048 sq ft

476 2nd St, Albany, NY 12206

Listing by Suzanne Prezio Properties Inc

Property at 385 Orange St, Albany, NY 12206, 6 beds, 2 baths

$235,000

6 beds2 baths2,684 sq ft

385 Orange St, Albany, NY 12206

Listing by Realty One Group Key

Property at 44 Osborne St, Albany, NY 12202, 6 beds, 2 baths

$225,000

6 beds2 baths1,840 sq ft

44 Osborne St, Albany, NY 12202

Listing by Empire Real Estate Firm LLC

Property at 282 Lark St, Albany, NY 12210, 3 beds, 2.5 baths

$368,000

3 beds2.5 baths2,016 sq ft

282 Lark St, Albany, NY 12210

Listing by Renovo Real Estate LLC

Property at 269 Elk St, Albany, NY 12206, 4 beds, 2 baths

$140,000

4 beds2 baths1,892 sq ft

269 Elk St, Albany, NY 12206

Listing by Howard Hanna Capital Inc

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

$369,900

7 beds5 baths3,872 sq ft

28 1st St, Albany, NY 12210

Listing by Clancy Real Estate

Property at 56 Southern Blvd, Call Listing Agent, NY 12209, 3 beds, 1 bath

$179,999

3 beds1 bath1,120 sq ft

56 Southern Blvd, Call Listing Agent, NY 12209

Listing by 360 Realty Group

Property at 149 Lancaster St #2, Albany, NY 12210, 2 beds, 2 baths

$275,000

2 beds2 baths2,200 sq ft

149 Lancaster St #2, Albany, NY 12210

Listing by Lincoln House Realty

Property at 151 S Pearl St, Albany, NY 12202, 6 beds, 3 baths

$299,000

6 beds3 baths5,207 sq ft

151 S Pearl St, Albany, NY 12202

Listing by Realty One Group Key

Property at 51 Benson St, Albany, NY 12206, 3 beds, 1.5 baths

$265,000

3 beds1.5 baths1,209 sq ft

51 Benson St, Albany, NY 12206

Listing by Empire Real Estate Firm LLC

Property at 330 Broadway, Rensselaer, NY 12144, 5 beds, 2 baths

$275,000

5 beds2 baths2,474 sq ft

330 Broadway, Rensselaer, NY 12144

Listing by New Scotland Realty

Property at 480 3rd St, Albany, NY 12206, 4 beds, 2 baths

$190,500

4 beds2 baths2,340 sq ft

480 3rd St, Albany, NY 12206

Listing by Howard Hanna Capital Inc

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 19 Stanwix St, Albany, NY 12209, 8 beds, 2 baths

$259,900

8 beds2 baths1,936 sq ft

19 Stanwix St, Albany, NY 12209

Listing by KW Platform

Viewing page 1 of 4

Based on information submitted to the MLS GRID as of Fri Aug 28 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 12242

There are currently 132 cheap homes for sale in 12242. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 12242 every 15 minutes.

Find your dream home in 12242 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 12242 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 12242. If you're looking to sell your home in the 12242 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 12242 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 12242, NY

Cities

Nearby Zip Codes

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 12242, NY

How to buy a house in 12242, NY

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in New York

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.