Under contractVirtual tour

$329,000

2,582 SF building0.08 acre lotBuilt 1920

245 Manning BoulevardAlbany, NY 12206

Multifamily property · MLS 11983228 · Listed 50 days ago (Sep 15, 2026)

Report a problem

Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

About this property

Turn-key investment opportunity in the Heart of Albany! This fully rented two- family home offers immediate cash flow with long-term, reliable tenants already I place. Each spacious unite features 3 bedrooms, separate heat and electric, hardwood floors throughout. Enjoy the convenience of an attached two car garage plus additional off street parking----a rare find in this walkable neighborhood close to shopping, bus lines, parks and area colleges. Whether you're a seasoned investor or just starting to build a portfolio this income producing property is ready to perform from day one!

Description provided by the listing brokerage.

Key facts

Asking price
$329,000
Status
Under contract
Property type
MultifamilyFrom the MLS property class
Building area
2,582 SFSource field LivingArea
Land area
0.08 acresSource field LotSizeAcres
Year built
1920
MLS number
11983228

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$329,000
Price per SF of building
$127/SFAsking price ÷ 2,582 SF reported building area
Annual taxes
$6,925

Building and site

Units
2Source field NumberOfUnitsTotal
County
Albany County

Investment figures reported in the description

Occupancy
100% (actual or pro forma not stated)"…in the heart of albany! this fully rented two- family home offers immed…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Public water (from a listing field)
  • Parking reported (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Hardwood

Heating

  • Steam

Parking

  • Driveway

Construction

  • Vinyl Siding

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Albany or multifamily property in Albany.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Similar listings

    Multifamily property listings for sale in Albany County, asking $164,500 to $493,500, newest first. Each one passes the same eligibility and display rules on its own. See all matches

    Photo 1 of 14, multifamily property at 1305 Broadway, Watervliet, NY 12189
    For sale

    $298,000

    Multifamily property

    2,424 SF building0.07 acres lot

    $123/SF (asking price ÷ building area)

    • Fenced or outdoor yard
    • Parking reported

    1305 BroadwayWatervliet, NY 12189

    Listing courtesy of Miranda Real Estate Group Inc · MyStateMLS #12041425

    Photo 1 of 48, multifamily property at 29 Turner Place, Albany, NY 12209
    For sale

    $399,900

    Multifamily property

    2,079 SF building0.13 acres lot

    $192/SF (asking price ÷ building area)

    • Parking reported

    29 Turner PlaceAlbany, NY 12209

    Listing courtesy of Miranda Real Estate Group Inc · MyStateMLS #12037851

    Photo 1 of 32, multifamily property at 346 Hudson Avenue, Albany, NY 12210
    For sale

    $460,000

    Multifamily property

    2,222 SF building0.04 acres lot

    $207/SF (asking price ÷ building area)

    346 Hudson AvenueAlbany, NY 12210

    Listing courtesy of Miranda Real Estate Group Inc · MyStateMLS #12030579

    Photo 1 of 60, multifamily property at 4 View, Albany, NY 12209
    For sale

    $425,000

    Multifamily property

    3,145 SF building0.07 acres lot

    $135/SF (asking price ÷ building area)

    4 ViewAlbany, NY 12209

    Listing courtesy of HOWARD HANNA CAPITAL INC · MyStateMLS #11968987

    Photo 1 of 12, multifamily property at 37 Lancaster Street, Cohoes, NY 12047
    For saleReduced $10,000

    $175,000

    Multifamily property

    2,112 SF building0.07 acres lot

    $83/SF (asking price ÷ building area)

    37 Lancaster StreetCohoes, NY 12047

    Listing courtesy of Miranda Real Estate Group Inc · MyStateMLS #11983224

    Guides

    Listing courtesy of Miranda Real Estate Group Inc. Listing agent: Andrew McCauley. Listings provided by MyStateMLS.

    Listing last modified at the source Sep 27, 2026, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.