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$349,900
6 Beds ⋅ 4 Baths ⋅ 202625859 MLS
Great addition to any investor's portfolio! Solid, brick 4-unit apartment building in historic Troy. 2025 Brand new flat roof & shingle roof. Separate utilities! Tenants pay electric, gas, heat, hot water. Long term tenant and rent can be higher. Detached garage great for additional rental income, or just storage or parking. Plus an additional 4 off-street parking spaces. Fully fenced back yard and extra wide side yard. Mix of 2 bedroom and 1 bedroom units. Most units have laundry hookups.

540 2nd Street
$379,000
7 Beds ⋅ 4 Baths ⋅ 202625788 MLS
Two vacant units give a new owner immediate options in this four-unit Troy property, whether occupying one while collecting income from the remaining units or placing new tenants and establishing rents following turnover. The vacancies were intentionally maintained in preparation for sale, and the property otherwise has a history of long-term tenancy. The property offers a mix of two one-bedroom and two two-bedroom units. Two units are accessed from the front of the property and two from the rear, creating more separation between units and reducing shared foot traffic. Off-street parking adds significant practical value, complemented by a low-maintenance yard. On-site coin-operated laundry provides convenient tenant access while generating an additional income stream for the property. 128 6th Avenue, directly across the street, is also available for sale. The properties may be purchased individually or together, offering the option to acquire seven units across two properties in the same location. The City of Troy recently completed water and sewer line improvements along the street, benefiting the property. Financial information is provided for review.

143 6th Avenue
$679,000
8 Beds ⋅ 4 Baths ⋅ 202625570 MLS
Exceptional Investment Opportunity - Turnkey Two-Family + Buildable Lot Near RPI A rare, income-producing asset in Troy's strongest student housing corridor. 7 & 9 Brunswick Road includes a fully renovated two-family residence plus an adjoining vacant lot offering future development, expansion, or long-term land value. Together, the parcels provide stable cash flow, premium finishes, and meaningful upside. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. Each unit is upgraded with granite countertops, stainless steel appliances, high-end furnishings, updated flooring, and independent HVAC systems. The property is fully turnkey, optimized for student demand, and consistently leased. With annual gross rental income of $67,290, investors will appreciate the strong income profile, proven occupancy, and continued rent growth potential. The combined double lot offers 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds long-term value and flexibility--ideal for additional units, outdoor amenities, or future redevelopment. Key Investment Highlights: • Gross Annual Rental Income: $67,290 • 8BR / 4BA | 2,672 SF • Fully renovated, furnished, and student optimized • Two HVAC systems; modern mechanicals • Double lot with 8 parking spaces • Vacant buildable parcel included • Strong occupancy history and premium positioning • Turnkey condition with immediate cash flow A high-performing, income-producing property with built-in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors encouraged to inquire.

7 Brunswick Road
$999,000
11 Beds ⋅ 4 Baths ⋅ 202625554 MLS
Rare opportunity to own a beautifully maintained, high-quality turnkey student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, quality furnishings, modern amenities, and excellent tenant appeal. The property features three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three beautiful quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation, gatherings, and relaxation. The updated back deck and green backyard offer additional outdoor space for tenants to enjoy. Prospect Park is directly across the street, with a convenient store nearby. Prime location within walking distance of RPI campus and Troy's downtown, providing convenient access to campus, restaurants, shops, entertainment, and downtown amenities. The property has a strong history of being fully leased, reflecting established demand for quality RPI student housing. Highlights: 11 bedrooms; 4 bathrooms; 3 HVAC systems; on-demand hot water heaters; turnkey condition; high-end furniture; stainless-steel appliances; enclosed patio/entertainment room; updated back deck; green backyard; Prospect Park across the street; walking distance to RPI and Troy downtown; strong history of full occupancy; approx. $92K gross annual rental income. Proof of income and/or financial qualification is required prior to scheduling a showing. Showings by appointment only. Qualified buyers and investors are encouraged to inquire.

277 Congress Street
$225,000
6 Beds ⋅ 2 Baths ⋅ 202625401 MLS
Here's a chance to own a piece of Troy history! Built in 1885, this all-brick home has kept its classic charm and strong bones. This 2-family home is great for owner occupant and investor friendly Close to bus stops and 10 minutes from Downtown Troy! Full front and backyard and off-street park is a major plus! First floor has a long-term tenant, while the 2nd floor offers a new furnace and hardwood floors throughout!

893 River Street
$229,000
5 Beds ⋅ 2 Baths ⋅ 202625322 MLS
Two units, a detached garage, and options from day one! Set on a quiet street in Lansingburgh, 298 3rd Ave offers the perfect blend of comfortable living and income potential. The first-floor unit features 3 generously-sized bedrooms, 1 bath, in-basement laundry and will be delivered vacant, The second floor offers 2 bedrooms, 1 bath, in-unit laundry and a lease in place at market rent through May 2027. Both units have separate front and rear entrances, giving each space added privacy and convenience. The detached garage and driveway add valuable OFF STREET parking and storage, while the location keeps you close to Downtown Troy, RPI, the Hudson River waterfront, restaurants, shops, entertainment and the Troy Waterfront Farmers Market. Live in one and offset your mortgage, keep it as a full investment, or make it work for your own plans. A versatile Troy two-family in a neighborhood setting with the city just minutes away!

298 3rd Avenue
$799,000
202625285 MLS
FLEXIBLE MIXED-USE WAREHOUSE SPACE | CONGRESS STREET | TROY, NY Versatile space. Prime location. Endless possibilities. Discover a unique commercial opportunity on Congress Street in Troy, NY, offering flexible mixed-use warehouse space ideal for a wide range of businesses. With a combination of warehouse, commercial, and potential showroom/office uses, the property provides the flexibility businesses need to operate, grow, and adapt. The spacious layout offers excellent functionality for storage, distribution, light industrial, retail, creative, contractor, and service-oriented uses, while its convenient Congress Street location provides easy access to Troy and the surrounding Capital Region. Whether you're looking for a warehouse, business headquarters, showroom, or a combination of uses, this property offers the space and versatility to bring your vision to life. A rare opportunity to secure flexible commercial space in one of Troy's established business corridors.

520 Congress Street
$719,999
22 Beds ⋅ 7 Baths ⋅ 202624908 MLS
Extremely rare and versatile four-unit investment property in the heart of Downtown Troy! Offering nearly 7,000 square feet of living space, this massive multifamily property features an impressive 22 bedrooms and 7 bathrooms, providing tremendous flexibility and income potential. The spacious layouts make this an excellent opportunity for large-group rentals, student housing, or a high-performing multifamily investment. Each floor features Navien heating and hot water systems, beautiful hardwood and tile flooring, and convenient in-unit/on-floor laundry. Additional improvements include a new roof with a transferable warranty, adding even more value and peace of mind for the next owner. A truly unique property with size, location, and versatility that are extremely difficult to find in the Troy market. Don't miss this exceptional investment opportunity!

168 3rd Street
$98,000
4 Beds ⋅ 2 Baths ⋅ 202624846 MLS
Classic 1860 two-story home offering 2,728 sq. ft. of living space on a 0.17-acre urban lot in Lansingburgh. This spacious four-bedroom property features original character, a traditional layout, and a full basement, with hot water/steam heat powered by natural gas. The main level offers approximately 1,492 sq. ft., while the second floor provides an additional 1,236 sq. ft. The property includes a detached one-car garage built in 1920, offering approximately 440 sq. ft. of additional space, along with an enclosed porch. Situated on a 60' x 120' lot with public water and sewer and R2 zoning. A great opportunity for buyers looking for a Troy property with generous space, classic charm, and potential to make it their own. Conveniently located in an established urban neighborhood with easy access to local amenities, shopping, dining, and transportation.

558 3rd Avenue
$597,800
12 Beds ⋅ 3 Baths ⋅ 202624756 MLS
Excellent income-producing 3-family property ideally located within walking distance of Rensselaer Polytechnic Institute (RPI). Currently utilized as student housing, this well-maintained property offers 12 bedrooms and strong rental potential, making it an attractive opportunity for investors looking for a proven money-maker in a highly desirable student rental market. The property features off-street parking for 5-6 vehicles, a newer roof, laundry/storage in the basement, and a well-maintained building that is ready for continued rental use. Its convenient location near RPI, restaurants, shops, and other Troy amenities makes it an appealing option for student tenants. Whether you're looking to expand your investment portfolio or capitalize on the demand for student housing, this property offers an excellent combination of location, bedroom count, parking, and income potential. A rare opportunity, just steps from RPI. Listing agent related to owner.

2165 14th Street
$219,900
4 Beds ⋅ 2 Baths ⋅ 202624442 MLS
Why pay the whole mortgage yourself when a tenant can help? Move right into the spacious vacant first-floor unit of this attractive Troy two-family and start collecting rent from the long-term tenant upstairs from day one. Set on a quiet side street with great curb appeal and ample street parking, you're just 3 minutes from I-787 and Route 7 for an easy commute throughout the Capital Region. Step inside and appreciate the character that makes this home special--lofty tin ceilings, warm wood floors, and exposed brick add texture and charm you simply don't find in newer homes. Whip up your favorite meals in the ample eat-in kitchen, offering plenty of cabinetry and counter space plus some newer appliances. Gather in the formal dining room or take the party outside onto the huge back deck beneath a leafy canopy of mature trees that creates a welcome sense of privacy. Relax in front of the cozy pellet stove in the living room. When the day is done, you'll love unwinding in the expanded primary bedroom. Enjoy year-round comfort with forced-air heat and central A/C in the first floor unit. Separate utilities keep costs low. Upstairs, the long-term month-to-month tenant provides immediate rental income. That unit has hot-water radiator heat (no central A/C). The flexible 2nd floor layout also offers future possibilities: use the living room with closet as an oversized primary bedroom and transform the dining room into a comfortable living room. There is also a bonus room accessed off the landing that makes a great micro office. Whether you're ready to stop paying rent and start building equity or simply love the idea of having rental income help offset your housing costs, this owner-occupy opportunity is a smart way to start your home ownership journey. Troy Schools. Separate utilities. Restricted showing schedule Mon, Wed & Fri 3:30 - 7:30pm and Sat 111am - 4pm with 24 hours' notice. Ask about the $20k credit the seller is offering for a full price offer!

327 10th Street
$275,000
7 Beds ⋅ 2 Baths ⋅ 202624370 MLS
Turnkey renovated two-family with separate utilities and low taxes -- a clean investor buy in Lansingburgh. 3BR down, 4BR up with enclosed front porch. Both units fully updated: new roof, renovated kitchens and baths, new flooring, in-unit W/D hookups. All-new electric baseboard heat -- no boiler or furnace to maintain. Heat and electric are tenant-paid. Over $75,000 in capital improvements since 2022. Fully occupied at $2,900/mo. Taxes only $3,800/yr. Downstairs 3BR leased through 7/31/2027 -- stable income in place. Upstairs 4BR is month-to-month, with room to raise rent to market. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

75 5th Avenue
$410,000
2 Baths ⋅ 202622630 MLS
Sold before print

501 Campbell Avenue
$514,900
4 Beds ⋅ 3 Baths ⋅ 202624260 MLS
A true gem unlike anything else in the City of Troy, 10 Gurley Avenue offers a combination of privacy, acreage, and potential on nearly 7 acres of picturesque grounds. Set well off the road and surrounded by nature, this rare estate provides a level of seclusion that feels worlds away while remaining just minutes from everything the Capital Region has to offer. The full-brick ranch showcases classic mid-century design with over 2,700 sqft of spacious living area, 4/5 bedrooms, 2.5 bathrooms, hardwood floors, a wood-burning fireplace, a generously sized primary suite, and an elegant library. Recent improvements and interior updates have enhanced the home's comfort and appeal while preserving the character and charm that make the property so special. The full basement offers endless possibilities for future living space, a home gym, workshop, recreation area, or whatever vision the next owner brings. Outside, the setting is simply exceptional. Enjoy seasonal views, frequent visits from deer and other wildlife, and a newer beautiful heated in-ground pool that transforms the backyard into a private retreat. The expansive 6.93-acre parcel offers endless opportunities for recreation, future enhancements, or simply enjoying the peace and privacy. Subdivision possible with proper approvals. Whether you're looking for a move-in-ready home, a property with room to create your dream vision, or a long-term investment with tremendous upside, 10 Gurley Avenue represents a truly rare opportunity to own one of Troy's most unique residential offerings.

10 Gurley Avenue
$399,000
9 Beds ⋅ 4 Baths ⋅ 202623843 MLS
Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.

601-603 2nd Avenue
$710,500
6 Beds ⋅ 3 Baths ⋅ 202623542 MLS
Six-unit multifamily investment opportunity totaling approximately 7,206 SF across three stories. The asset offers diversified residential income through six units and an opportunity for investors to expand an existing multifamily portfolio. Classic brick construction and established building footprint provide a solid foundation for continued ownership and potential value enhancement. Financials available upon request. 3227-3229 7th Ave may be packaged with 4 Hill St, Troy, NY, providing an opportunity to acquire multiple multifamily assets in a single transaction. Showings by appointment.

3227-3229 7th Avenue
$839,900
6 Beds ⋅ 7 Baths ⋅ 202623448 MLS
Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.

40 River Street
$309,000
5 Beds ⋅ 3 Baths ⋅ 202623189 MLS
With one unit vacant now and the property's largest unit expected to become available October 1, this three-unit Troy property offers flexibility for an owner-occupant or investor while maintaining existing rental income. Off-street parking for two vehicles adds significant practical value, with space that may allow for additional parking in the future. The property also features a low-maintenance yard. The first floor features two units. The rear unit, occupied by a long-term tenant, has two private entrances, including one directly from the parking area. The vacant front unit features a large covered porch, in-unit washer and dryer, hardwood floors, oversized windows, and abundant natural light. Upstairs, the second-floor unit spans the entire floor, offering substantial living space and its own private balcony. The current tenant intends to vacate October 1, 2026. Two separate basement access points provide potential for a future owner to add additional laundry hookups. Coin-operated laundry is currently available to tenants across the street at 143 6th Avenue, which is also offered for sale. The properties may be purchased individually or together, creating an opportunity for buyers interested in adding multiple properties to their portfolio. Public records reflect four bedrooms. The second-floor unit also includes an additional room, offering flexibility for a variety of uses, including potential use as an additional bedroom. Buyer to verify bedroom count and permitted use.

128 6th Avenue
$430,000
7 Beds ⋅ 2 Baths ⋅ 202622944 MLS
SOLD BEFORE PRINT

1513 Bouton Road
$314,000
9 Beds ⋅ 3 Baths ⋅ 202622870 MLS
Excellent Investment Opportunity! Three-family property perfect to build equity while generating income. This property features a vacant 3-bedroom apartment, ideal for immediate occupancy or rental income and 2 rented apartments. With generous square footage, this property offers strong potential for long-term rentals or extended family living.

730 3rd Avenue
$450,000
202622849 MLS
SOLD BEFORE PRINT

332 1st Street
$505,000
11 Beds ⋅ 6 Baths ⋅ 202622694 MLS
OPEN HOUSE SUNDAY 8/9 from 12:00-1:00. This property offers 6 units with a total of 11 bedrooms and 6 full bathrooms, offering a strong unit mix with excellent rental potential. Conveniently located near downtown Troy, RPI, shopping, dining, public transportation, and major highways, providing easy access for tenants. Whether you're a seasoned investor or looking to grow your multifamily portfolio, this is an opportunity worth considering.

796-798 River Street
$260,000
7 Beds ⋅ 2 Baths ⋅ 202622568 MLS
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

3365 6th Avenue
$260,000
6 Beds ⋅ 2 Baths ⋅ 202622566 MLS
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property is part of a larger investment portfolio featuring multiple properties conveniently located in close proximity to one another. Investors will appreciate the strong cash flow potential and low property taxes. Purchase the entire portfolio for $1,350,000, or individual parcels may be purchased separately to fit your investment goals. All properties are being sold as-is. The following properties can be sold as a package: 161 5th Avenue, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180

3357 6th Avenue
$255,000
5 Beds ⋅ 2 Baths ⋅ 202622232 MLS
Your second chance at 10 Lansing Avenue in Troy! Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this two-family property offers outstanding potential. Each unit provides comfortable living space with flexible layout options, while the second unit spans two stories, offering added space and versatility. Enjoy the spacious rear decks, perfect for relaxing or entertaining outdoors. Conveniently located near Wynantskill with easy access to shopping, restaurants, and major roadways, this property offers convenience for both homeowners and tenants alike. Don't miss your chance to add value and make it your own!

10 Lansing Avenue
$699,900
6 Beds ⋅ 7 Baths ⋅ 202621681 MLS
Beautiful brick 7 unit in the coveted location of downtown Troy with excellent walkability to all local amenities and just steps away from Washington Park. This historic building was thoughtfully converted into apartments while leaving the original characteristics intact including original woodwork and hardwood floors throughout. Property has been well cared for with each apartment updated over time. Generous layouts, lots of natural light and large shared yard in back plus a garage accessible from Church St. Fully rented for immediate income with strong demand for future growth potential.

194 3rd Street
$675,000
8 Beds ⋅ 7 Baths ⋅ 202621682 MLS
Amazing opportunity to own a cash flowing 7 unit in a great neighborhood across the street from Beman Park. Situated on a double lot with opportunity to develop in the future. Most apartments have been renovated in the past several years in addition to a new roof. Convenient location near RPI, downtown Troy, parks, restaurants, shopping, and major highways. A solid addition to any investment portfolio with immediate income potential.

2209 16th Street
$300,000
6 Beds ⋅ 7 Baths ⋅ 202621651 MLS
CASH OFFERS ONLY. 6 Unit plus storefront. Full gut/rehab. Bring a hammer and a vision for a terrific equity opportunity. Bring a flashlight.

616 Second Avenue
$4,250,000
202621635 MLS
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

2920 5th Avenue
$379,000
5 Beds ⋅ 3 Baths ⋅ 202621543 MLS
Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is tenant-occupied, offering immediate rental income to help offset ownership expenses. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods.

2215-2217 5th Avenue

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