Cheap homes for sale & real estate in 12256, NY

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ABOUT THIS HOME
Cheap Home for sale in 12256, NY:
Great investment or owner-occupied opportunity in Rensselaer! This spacious 2-family offers a 2BR/1BA first-floor unit (1,255 sq. ft. ) and 3BR/1BA second-floor unit (1,219 sq. ft. ), generating $26,400 in current annual gross rental income. First-floor bath updated in 2023 with in-unit washer/dryer. Separate gas heat and electric, plus off-street parking for both units. Conveniently located near the bus line, Rensselaer Amtrak station, Regeneron and downtown Albany. Solid income in place with significant value-add and future income potential.

$255,000

5 beds2 baths2,474 sq ft

330 Broadway, Rensselaer, NY 12144

Near regeneron • Near downtown albany • In-unit washer dryer

Listing by New Scotland Realty

ABOUT THIS HOME
Cheap Home for sale in 12256, NY:
No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

$195,000

— beds— baths4,347 sq ft

372 Madison Ave, Albany, NY 12210

1,306 sq ft lot • Built 1860 • Listed 77 days

Listing by Moore Thomas P

ABOUT THIS HOME
Cheap Home for sale in 12256, NY:
Updated home in convenient location is ready for it's new owners! This home was renovated a few years back from top to bottom with many updates including updated kitchen, bathrooms, lighting, vinyl plank flooring, sheetrock, paint, etc. Nice private yard perfect for entertaining and pets. Great starter home at an affordable price. Come see all this charming home has to offer.

$194,000

3 beds1 bath1,650 sq ft

38 Washington Ave, Rensselaer, NY 12144

Renovated home • Private yard • Updated kitchen

Listing by KW Platform

ABOUT THIS HOME
Cheap Home for sale in 12256, NY:
When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriag

$329,777

6 beds3 baths3,300 sq ft

52 Park Ave, Albany, NY 12202

Strong curb appeal • Views from the yard • Woodwork and floors

Listing by KW Platform

ABOUT THIS HOME
Cheap Home for sale in 12256, NY:
Well-maintained two-family property offering a fantastic opportunity for investors or those looking to expand their portfolio! Featuring beautiful hardwood floors throughout both units, this property combines charm with solid investment potential. The upper unit is currently rented $1500 on a one-year lease, providing immediate rental income. Enjoy reasonable pricing, low taxes, and the potential to add a strong income-producing property to your portfolio. Don't miss this opportunity!

$225,000

6 beds2 baths2,684 sq ft

385 Orange St, Albany, NY 12206

Low taxes • Two-family property • Hardwood floors

Listing by Realty One Group Key

Property at 88 Ontario St, Albany, NY 12206, 6 beds, 3 baths

$250,000

6 beds3 baths2,420 sq ft

88 Ontario St, Albany, NY 12206

Listing by GROUP TWENTY SIX NY LLC

Property at 13 Lexington Ave, Albany, NY 12206, 5 beds, 2 baths

$115,000

5 beds2 baths1,532 sq ft

13 Lexington Ave, Albany, NY 12206

Listing by Howard Hanna Capital Inc

Property at 54 N Swan St, Albany, NY 12210, 4 beds, 2 baths

$30,000

4 beds2 baths1,600 sq ft

54 N Swan St, Albany, NY 12210

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 385 Washington Ave, Albany, NY 12206, 3 beds, 3 baths

$323,000

3 beds3 baths2,784 sq ft

385 Washington Ave, Albany, NY 12206

Listing by J & A Capital Realty

Property at 103 Southern Blvd, Albany, NY 12209, 6 beds, 2 baths

$380,000

6 beds2 baths3,920 sq ft

103 Southern Blvd, Albany, NY 12209

Listing by Realty One Group Key

Property at 150 Clinton St, Albany, NY 12202, 4 beds, 1.5 baths

$119,000

4 beds1.5 baths1,700 sq ft

150 Clinton St, Albany, NY 12202

Listing by Kastle Realty LLC

Property at 4 O'connell St, Call Listing Agent, NY 12209, 4 beds, 1.5 baths

$179,999

4 beds1.5 baths1,600 sq ft

4 O'connell St, Call Listing Agent, NY 12209

Listing by 360 Realty Group

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 319 Mccarty Ave, Albany, NY 12209, 5 beds, 2 baths

$425,000

5 beds2 baths2,808 sq ft

319 Mccarty Ave, Albany, NY 12209

Listing by Realty One Group Key

Property at 10 Hurlbut St, Albany, NY 12209, 6 beds, 2 baths

$235,000

6 beds2 baths2,040 sq ft

10 Hurlbut St, Albany, NY 12209

Listing by Redway Realty LLC

Property at 114 Spring St, Albany, NY 12203, 7 beds, 2 baths

$325,000

7 beds2 baths2,352 sq ft

114 Spring St, Albany, NY 12203

Listing by The Peoples Real Estate Group

Property at 146 Lark St, Albany, NY 12210, 5 beds, 1.5 baths

$189,900

5 beds1.5 baths2,554 sq ft

146 Lark St, Albany, NY 12210

Listing by eXp Realty

Property at 308 Quail St, Albany, NY 12208, 4 beds, 1 bath

$320,000

4 beds1 bath2,000 sq ft

308 Quail St, Albany, NY 12208

Listing by All in 1 Realty Services LLC

Property at 230 Livingston Ave, Albany, NY 12210, 3 beds, 1.5 baths

$129,000

3 beds1.5 baths1,576 sq ft

230 Livingston Ave, Albany, NY 12210

Listing by Coldwell Banker Prime Properties

Property at 175 Eagle St, Albany, NY 12202, 3 beds, 3 baths

$368,000

3 beds3 baths2,160 sq ft

175 Eagle St, Albany, NY 12202

Listing by DiBlasi Real Estate

Property at 104 2nd Ave, Albany, NY 12202, 4 beds, 2 baths

$130,000

4 beds2 baths1,954 sq ft

104 2nd Ave, Albany, NY 12202

Listing by Tailored Real Estate Group

Property at 38 Westerlo St #1, Albany, NY 12202, 1 bed, 1 bath

$99,000

1 bed1 bath558 sq ft

38 Westerlo St #1, Albany, NY 12202

Listing by Vera Cohen Realty LLC

Property at 117 4th Ave, Albany, NY 12202, 10 beds, 3 baths

$445,900

10 beds3 baths3,835 sq ft

117 4th Ave, Albany, NY 12202

Listing by Carr Real Estate Group LLC

Property at 154 Broad St, Albany, NY 12202, 8 beds, 3 baths

$199,000

8 beds3 baths2,664 sq ft

154 Broad St, Albany, NY 12202

Listing by Gabler Realty LLC

Property at 5 S Dove St, Albany, NY 12202, 6 beds, 2 baths

$201,000

6 beds2 baths2,136 sq ft

5 S Dove St, Albany, NY 12202

Listing by Coldwell Banker Prime Properties

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

Property at 233 S Swan St, Albany, NY 12202, 4 beds, 2 baths

$269,900

4 beds2 baths2,016 sq ft

233 S Swan St, Albany, NY 12202

Listing by Realty One Group Key

Property at 446 Yates St, Albany, NY 12208, 4 beds, 2 baths

$349,900

4 beds2 baths2,344 sq ft

446 Yates St, Albany, NY 12208

Listing by Clancy Real Estate

Property at 39 Alexander St, Albany, NY 12202, 2 beds, 1 bath

$169,000

2 beds1 bath1,344 sq ft

39 Alexander St, Albany, NY 12202

Listing by Salisbury Real Estate Services

Property at 512 East St, Rensselaer, NY 12144, 2 beds, 1 bath

$234,000

2 beds1 bath1,246 sq ft

512 East St, Rensselaer, NY 12144

Listing by Venture Fox Realty Group LLC

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 72 Bassett St, Albany, NY 12202, 3 beds, 3 baths

$225,000

3 beds3 baths1,368 sq ft

72 Bassett St, Albany, NY 12202

Listing by CapMark Realty LLC

Property at 1453 1st St, Rensselaer, NY 12144, 6 beds, 3 baths

$315,000

6 beds3 baths2,175 sq ft

1453 1st St, Rensselaer, NY 12144

Listing by KW Platform

Property at 88 Elizabeth St, Albany, NY 12202, 6 beds, 2 baths

$225,000

6 beds2 baths2,100 sq ft

88 Elizabeth St, Albany, NY 12202

Listing by KW Platform

Property at 97 3rd Ave, Albany, NY 12202, 5 beds, 2.5 baths

$250,000

5 beds2.5 baths1,540 sq ft

97 3rd Ave, Albany, NY 12202

Listing by Revision Real Estate

Property at 383 Orange St, Albany, NY 12206, 6 beds, 2 baths

$265,000

6 beds2 baths2,904 sq ft

383 Orange St, Albany, NY 12206

Listing by Coldwell Banker Prime Properties

Property at 511 Morris St, Albany, NY 12208, 5 beds, 2 baths

$274,900

5 beds2 baths2,103 sq ft

511 Morris St, Albany, NY 12208

Listing by Venture Fox Realty Group LLC

Property at 446 2nd Ave, Albany, NY 12209, 5 beds, 2.5 baths

$290,000

5 beds2.5 baths1,697 sq ft

446 2nd Ave, Albany, NY 12209

Listing by Redway Realty LLC

Property at 313 1st St, Albany, NY 12206, 6 beds, 3 baths

$260,000

6 beds3 baths2,100 sq ft

313 1st St, Albany, NY 12206

Listing by Coldwell Banker Prime Properties

Property at 54 Ontario St, Albany, NY 12206, 3 beds, 1 bath

$135,000

3 beds1 bath1,390 sq ft

54 Ontario St, Albany, NY 12206

Listing by Howard Hanna Capital Inc

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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 12256

There are currently 145 cheap homes for sale in 12256. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 12256 every 15 minutes.

Find your dream home in 12256 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 12256 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 12256. If you're looking to sell your home in the 12256 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 12256 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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