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Browse All Albany OR Between $400K - $500K Properties for Sale

4325 Somerset Dr Ne, Albany
$479,000
4 Beds ⋅ 3 Baths ⋅ 845118 MLS
Buy this beartiful home today with the interest rate you have been waiting for. Call today to learn about the Buyer Incentive Program being offered. This wonderful four bedroom home with office sits across the street from Meadow Ridge and Timber Ridge schools and a city park. Property backs up to a greenspace with no adjacent rear neighbors. Greatroom style home with island kitchen and office with French doors on main level. Primary suite is vaulted with a soaking tub, separate shower, and 9x9 closet. Wonderful four bedroom home with office located in The Reserve at Somerset. Property backs up to a wild and wide greenspace with no adjacent neighbors behind. Across the street is Meadow Ridge Elementary (K-3), Meadow Ridge Park, and Timber Ridge School (grade 4-8). This lovely home greets you with a 15x8 covered front porch and wide foyer. On the main level is an office with French doors and half bath. The Greatroom has high ceilings, gas fireplace, and island kitchen with quartz counter tops, stainless steel appliances, gas range, and a corner pantry. Slider opens up to a 10x13 covered patio, fenced back yard with underground sprinklers, and shady Northern facing view of the greenspace. Primary Suite is vaulted with soaking tub, double vanity, separate shower, and 9x9 closet. Views from the suite are of the greenspace. Three guest rooms, as second full bath and utility room round out the upper level. The two-car garage has an extra 7x9 shop space at the rear, and small storage room under the stairs. HVAC is gas forced air with A/C. This is a wonderful NE Albany neighborhood close to schools and many other amenities, and with easy access to I5 for those who commute.

4325 Somerset Dr Ne, Albany

Listing Courtesy of WINDERMERE HERITAGE. Cell: 503-999-3049

1540 Salem 1530 Ave Se, Albany
$499,000
3 Beds ⋅ 2 Baths ⋅ 841986 MLS
Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished mid-term rental, generating $2,500/month in income. Live in one home while offsetting your mortgage with the other, or keep both as income-producing properties. A unique setup with built-in flexibility and earning potential! Seller is a licensed real estate agent Here's an additional description that keeps a casual, buyer-focused tone:What makes this property truly special is that each home offers its own unique charm and lifestyle. The vacant home is move-in ready and features brand-new carpet and laminate flooring, making it an easy transition for an owner-occupant or future tenant. Step outside onto the spacious deck and enjoy peaceful views overlooking Periwinkle Creek—a perfect spot for your morning coffee, unwinding after a long day, or simply enjoying the sights and sounds of nature right from your backyard.The second home sits directly across from the iconic King Kone, putting one of Albany’s most beloved local landmarks just steps away. This home has been meticulously maintained and features an immaculate bathroom remodel that blends modern style with everyday functionality. Currently operating as a fully furnished mid-term rental, it generates $2,500 per month in income and has proven itself as a strong revenue-producing asset.Whether you're looking to create a multi-generational living arrangement, house extended family nearby while maintaining privacy, live in one home and rent the other, or expand your real estate portfolio with a property that already has established income, the possibilities here are hard to find. Opportunities like this—two homes, one tax lot, income potential, creek views, and flexible living arrangements—don't come along often.

1540 Salem 1530 Ave Se, Albany

Listing Courtesy of EXP REALTY, LLC. 503-559-2489

3605 NE ADAH AVE, Albany
$400,000
3 Beds ⋅ 1 Baths ⋅ 437833348 MLS
Welcome to this beautifully reimagined Albany home, rebuilt and updated in 2025 so the next owner can simply move in and relax. From the covered front porch, step into a bright, open-concept great room where the living, kitchen, and dining areas flow together beneath a striking vaulted ceiling. The kitchen is the heart of the home, outfitted with quartz countertops, all-new cabinetry, stainless steel appliances, and fresh lighting throughout. Every major system has been updated for years of worry-free ownership: a new roof, new siding, new exterior paint, a new electrical panel, a high-efficiency furnace and water heater, and high-efficiency vinyl windows throughout. New laminate flooring ties the spaces together with a clean, modern feel. The layout offers a comfortable primary bedroom, a second bedroom, and a generous bonus room that works beautifully as a 3rd bedroom, home office, studio, or flex space, plus a dedicated laundry room. Outside is where this property really shines. The huge, fully fenced backyard delivers privacy and room to roam, complete with a firepit for evenings under the stars. RV parking and a dedicated RV gate provide easy access, and there is excellent shop potential for the hobbyist, maker, or weekend project enthusiast. All of this sits on a spacious 1/3-acre lot tucked toward the end of the street. Fully renovated, thoughtfully finished, and truly move-in ready, this one is a must-see.

3605 NE ADAH AVE, Albany

Listing Courtesy of The Group Real Estate.

3605 Adah Ave Ne, Albany
$400,000
3 Beds ⋅ 1 Baths ⋅ 842407 MLS
Fully renovated in 2025 and move-in ready! Bright, open-concept living/kitchen/dining beneath a vaulted ceiling. The new kitchen shines with quartz counters, new cabinetry, and stainless steel appliances. All-new roof, siding, exterior paint, electrical panel, lighting, high-efficiency vinyl windows, laminate flooring, furnace, and water heater. Flexible bonus/3rd bedroom. Huge fenced, private backyard with firepit, RV parking, RV gate, and shop potential on a 1/3-acre lot! Welcome to this beautifully reimagined Albany home, rebuilt and updated in 2025 so the next owner can simply move in and relax. From the covered front porch, step into a bright, open-concept great room where the living, kitchen, and dining areas flow together beneath a striking vaulted ceiling. The kitchen is the heart of the home, outfitted with quartz countertops, all-new cabinetry, stainless steel appliances, and fresh lighting throughout. Every major system has been updated for years of worry-free ownership: a new roof, new siding, new exterior paint, a new electrical panel, a high-efficiency furnace and water heater, and high-efficiency vinyl windows throughout. New laminate flooring ties the spaces together with a clean, modern feel. The layout offers a comfortable primary bedroom, a second bedroom, and a generous bonus room that works beautifully as a 3rd bedroom, home office, studio, or flex space, plus a dedicated laundry room. Outside is where this property really shines. The huge, fully fenced backyard delivers privacy and room to roam, complete with a firepit for evenings under the stars. RV parking and a dedicated RV gate provide easy access, and there is excellent shop potential for the hobbyist, maker, or weekend project enthusiast. All of this sits on a spacious 1/3-acre lot tucked toward the end of the street. Fully renovated, thoughtfully finished, and truly move-in ready, this one is a must-see.

3605 Adah Ave Ne, Albany

Listing Courtesy of THE GROUP REAL ESTATE. Cell: 503-983-4611

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Between $400K - $500K Albany Real Estate

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