Cheap homes for sale & real estate in 12255, NY

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ABOUT THIS HOME
Cheap Home for sale in 12255, NY:
Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfec

$375,000

12 beds2 baths2,184 sq ft

145 Quail St, Albany, NY 12206

Shared kitchen • Private kitchen • Academic hub

Listing by eXp Realty

ABOUT THIS HOME
Cheap Home for sale in 12255, NY:
Great opportunity to own a 2-bedroom home for living or investment property located on Clinton Avenue in Albany, NY. This property is currently rented, providing immediate cash flow, making it an excellent choice for investors, first-time landlords, or anyone looking to start or expand their real estate portfolio. The home features a functional layout with two bedrooms and solid bones. The basement offers additional potential and can be converted into a small studio or extra living space, adding future value and increased rental income (buyer to verify with local zoning). Conveniently located near public transportation, shops, schools, and major routes, this property offers both accessibili

$140,000

2 beds1 bath964 sq ft

636 Clinton Ave, Albany, NY 12206

Basement potential • Major routes • Functional layout

Listing by Howard Hanna Capital Inc

ABOUT THIS HOME
Cheap Home for sale in 12255, NY:
Three family and Two lots available on New Scotland Ave near Albany Medical Center and Washington Park. Next to the hospital's billion dollar expansion, the new YMCA, CVS, Baldini's, Chipotle, Starbuck's and Panera. Residential or commercial opportunity or both. 365 new apartment across the street at premium rents. Off street parking. Unique opportunity.

$399,000

6 beds3 baths1,920 sq ft

4 New Scotland Ave, Albany, NY 12208

Off street parking • 1,306 sq ft lot • 3 parking spots

Listing by NAI Platform LLC

ABOUT THIS HOME
Cheap Home for sale in 12255, NY:
Empty residential building lot ready for your building vision

$18,000

Land2,178 sq ft (lot)

359 Sherman St, Albany, NY 12206

Listed 39 days

Listing by B & L Property Group LLC

ABOUT THIS HOME
Cheap Home for sale in 12255, NY:
~0.10 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. R-2 (residential two-unit) zoning district allows for the following permitted as-of-right and/or conditional uses: Two-unit dwelling, townhouse [style] dwelling, community residential facility, park, and religious institution. Single tax parcel.

$12,500

Land4,356 sq ft (lot)

173 Third St, Albany, NY 12210

Townhouse dwelling • R-2 zoning district • Two-unit dwelling

Listing by NAI Platform LLC

Property at 156.5-158 Livingston Ave, Albany, NY 12210

$39,200

Land0.24 acre (lot)

156.5-158 Livingston Ave, Albany, NY 12210

Listing by NAI Platform LLC

Property at 86-94 N Swan St, Albany, NY 12210

$24,000

Land5,662 sq ft (lot)

86-94 N Swan St, Albany, NY 12210

Listing by NAI Platform LLC

Property at 96-100 Delaware St, Albany, NY 12202

$26,300

Land6,969 sq ft (lot)

96-100 Delaware St, Albany, NY 12202

Listing by NAI Platform LLC

Property at 30 Willow St, Albany, NY 12206

$60,000

Land8,712 sq ft (lot)

30 Willow St, Albany, NY 12206

Listing by Realty One Group Key

Property at 233 Park Ave, Albany, NY 12202

$94,900

Land3,484 sq ft (lot)

233 Park Ave, Albany, NY 12202

Listing by eXp Realty

Property at 26-28 Second St, Albany, NY 12202

$19,700

Land6,098 sq ft (lot)

26-28 Second St, Albany, NY 12202

Listing by NAI Platform LLC

Property at 149-151 3rd Ave, Albany, NY 12202

$17,500

Land7,405 sq ft (lot)

149-151 3rd Ave, Albany, NY 12202

Listing by NAI Platform LLC

Property at 100 Alexander St, Albany, NY 12202

$14,300

Land1,306 sq ft (lot)

100 Alexander St, Albany, NY 12202

Listing by NAI Platform LLC

Property at 26 & 33 Osborne St, Albany, NY 12202

$15,200

Land3,484 sq ft (lot)

26 & 33 Osborne St, Albany, NY 12202

Listing by NAI Platform LLC

Property at 100-104 3rd Ave, Albany, NY 12202

$34,300

Land7,840 sq ft (lot)

100-104 3rd Ave, Albany, NY 12202

Listing by NAI Platform LLC

Property at 575 Lark Dr, Albany, NY 12210

$260,000

Land1.95 acres (lot)

575 Lark Dr, Albany, NY 12210

Listing by NAI Platform LLC

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Based on information submitted to the MLS GRID as of Sun Aug 30 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 12255

There are currently 139 cheap homes for sale in 12255. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 12255 every 15 minutes.

Find your dream home in 12255 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 12255 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 12255. If you're looking to sell your home in the 12255 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 12255 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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