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$1,350,000
11 Beds 3 Baths 202622692 MLS
Rare opportunity to acquire a five-property investment portfolio in the City of Troy, NY, all conveniently located within the same general area for simplified management and maintenance. The portfolio includes: 3357 6th Ave, 3365 6th Ave, 161 5th Ave, 19 Defreest St, and 375 8th St. Whether you're looking to grow your rental portfolio or add a turnkey investment to your holdings, this package offers excellent cash flow potential, low property taxes, and the convenience of owning multiple properties in close proximity. The centralized locations make tenant management, maintenance, and future improvements more efficient. The entire portfolio is offered for $1,350,000, with the option to purchase properties individually.

375 8th Street

$389,900
4 Beds 4 Baths 202621831 MLS
*Best & Final Offers Due 7/21 at 12 noon* Never before on the market, this purpose-built side-by-side duplex has had almost $60,000 of updates in the past 8 years and offers the rare opportunity to enjoy an abundance of space and amenities while generating rental income to help pay the mortgage. Set on a quiet street in Troy's desirable east end near Emma Willard School, the classic center hall Colonial design provides outstanding curb appeal and conceals a well designed duplex where each unit includes 2 bedrooms and 1.5-bathrooms. The expanded owner's unit is truly special. Gather beneath the soaring post-and-beam ceiling in the dramatic living room, where a new gas stove creates a warm focal point for cozy evenings. Fire up the grill and entertain on the huge brand-new Trex deck overlooking the level fenced backyard, where pets can roam and kids can play safely. Whip up delicious meals in the eat in kitchen. You'll also enjoy the convenience of an oversized attached two-car garage with a partially finished workshop above--perfect for hobbies, projects, or additional storage. The tenant's unit has been tastefully updated to maximize rental appeal with a brand-new eat-in kitchen featuring granite countertops, soft-close cabinetry, and a refreshed half bath. Both residences offer comfortable, practical living with dishwashers in each kitchen, walk-in closets for each primary bedroom, separate laundry hookups in each basement, and separate driveways. The owner's unit is heated by natural gas hot-water baseboards on the first floor with electric baseboards upstairs, while the tenant's unit is heated entirely by electric baseboards, and there are separate utilities for both. A storage shed provides additional outdoor space for the tenant. Just minutes from downtown Troy, I-787, shopping, dining, and employers. Owner: Raymond G LeFevre & Dawn M. LeFevre Family Trust

36 Central Avenue

$105,000
6 Beds 2 Baths 202621641 MLS
Unlock the potential of this 2-family property located in the North Central neighborhood of Troy, NY. With renovation work already underway, this property offers the perfect opportunity to finish the project your way and build equity or generate rental income. Bring your vision and transform this property into a profitable investment or owner-occupied duplex. Whether you're an experienced investor or a contractor looking for your next project, this home serves as a blank slate for your custom renovations. Conveniently located near downtown Troy, local shops, restaurants, schools, and major highways. Property is being sold AS-IS. Don't miss your chance to add value and make this property your next successful project!

15 Glen 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

$200,000
8 Beds 2 Baths 202621550 MLS
Opportunity awaits at 761 2nd Ave in Troy! This spacious two-family property offers two large units, each featuring 4 bedrooms, making it an excellent opportunity for investors, contractors, or buyers looking to create value through renovations. In need of significant updates, this property is being sold as-is and provides a true blank slate to bring your vision to life. Whether you're planning a full rehabilitation for rental income, resale, or a long-term investment, the possibilities are substantial. Cash financing is strongly preferred due to the property's current condition. Conveniently located near downtown Troy, shopping, restaurants, schools, parks, and major highways, this is your chance to transform a property with tremendous upside into a standout investment.

761 2nd Avenue

$395,000
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

$290,000
3 Beds 2 Baths 202621343 MLS
Move-in ready two-family home located in the desirable Frear Park neighborhood! Currently being enjoyed as a spacious single-family residence, this versatile property is legally zoned as a two-family home, offering the flexibility to continue using it as a single-family home or convert it back for rental income or multi-generational living. This home combines the best of both worlds ... a duplex for your profilo, or for a growing family / in-law. This well-maintained home features beautiful hardwood floors, custom built-ins, and an updated first-floor kitchen complete with stainless steel appliances that has bluetooth capability. Both the first-and second-floor formal dining rooms showcase a striking exposed brick chimney, adding warmth and character. Laundry room with 2 closets can double as an office or convert back to a bedroom. Outside, enjoy a fully vinyl-fenced side and backyard--perfect for relaxing, entertaining, or outdoor activities. A spacious detached two-car garage provides ample parking and storage. Situated on a quiet dead-end street, this charming home has been lovingly cared for and is ready for its next owners. The first floor is handicap accessible, adding convenience and versatility. Whether you're searching for a spacious home with room to grow or an investment property with income potential, this unique home offers the best of both worlds.

18 Summit Avenue

$360,000
6 Beds 2 Baths 202621329 MLS
Large Two Unit Property Located in Sycaway Near Frear Park, and only a 3 minute Drive to the RPI Campus! Located less than a 5 min drive to 4 Different Grocery Stores! Located near Eateries,Samaritan Hospital, and numerous Doctors offices. Currently being used as a Single Family home, this property simply needs an interior doorway enclosed to give two true private entrances! Additionally, All Mechanicals and services are still seperated, making an easy conversion back to a true income generator! And furthermore, BOTH Kitchens on both floors not only still exist, but are Lovely and updated! Located in a Quiet and excellent neighborhood This Multi-Family Property Boasts Nearly 3,000 Sqft when including the 1st and 2nd Floor Enclosed Front Porches! Property Features and Upgrades: Full of Charm with Original Refinished HW Floors, Wood Trim, and has Built in Glass Cabinets in both Formal Dining rooms. Home has a 3 Car Garage-2 electric openers and one manual door currently used for storage space. 6 Bedrooms, 2 Full Baths, 2 Large Glass Window enclosed front porches, 2 enclosed Rear Porches, Kitchen on 1st Floor Upgraded and modernized in 2025 with New floors and High-end Appliances. Pantry's in both kitchens-Upstairs pantry is currently being used as a Laundry Room with included High-end Washer and Dryer. All appliances pictured come with the home. 1st and Second floor interior Windows excluding the porches, were 98% updated in 2025, High Gauge Flex Steel Liner was installed in Chimney for 1st Floor, Full Basement, 1st Floor HW Tank was Upgraded to a Commercial Grade unit in 2025, Roof Fully replaced(Not just shingled) in 2008 with a 30yr warranty, Full Walk-up attic, Foundation has been thoroughly maintained with Parging, Both Furnaces have been maintained and professional cleaning of ducts has been performed. In the Backyard, there is a Lovely and Large tiered Deck overlooking a Beautiful Perennial Garden. Meticulously Maintained Two-Units RARELY come on the market!

338 Taylor Court

$399,000
9 Beds 4 Baths 202620680 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

$299,999
6 Beds 4 Baths 202620321 MLS
179 4th Street, Troy, NY, in the Pottery District, is a rare opportunity. The first floor, which previously rented for $1,500 a month, features tin ceilings, decorative marble fireplaces, two bedrooms with potential for a third, in-unit laundry, an eat-in kitchen, a three-season room, and a deck. The second and third floors mirror each other, each with two bedrooms, potential for a third, and a decorative marble fireplace on the second floor. The property offers vinyl windows, an oversized garage with rental potential, and a basement that was previously a unit, and potential for conversion back to an apartment. Rich in historic charm, this is perfect for investors or house-hackers. Sold as-is, where is. Property to be unoccupied at closing. Owner is a licensed real estate broker

179 4th Street

$329,999
6 Beds 4 Baths 202620345 MLS
Excellent mixed-use investment opportunity in Troy! This property features a street-level commercial storefront plus 3 residential apartments, generating immediate income from day one. FULLY occupied! Total rental income is $56,100/year (full expense sheet available under docs). Store front is a nice open space, high ceilings, mini split, half bath, it's current as a barbershop. Uni1 1R (1st floor) has 2 BEDS,1 FULL BATH, Open concept, Combined LR/DR. Unit 2R (2nd floor rear) has 2BEDS, 1 FULL BATH, Office space, Living Room. Unit 2F (2nd floor front) has 2BEDS, 1 FULL BATH, LR. Small backyard. All 3 apartments and store have been renovated, new siding, windows, roof, 2 new boilers and brand new split (store). Separate utilities.Convenient Troy location close to schools, shopping, transportation and major highways. A true turnkey addition to your portfolio

3367 6th Avenue

$364,900
8 Beds 4 Baths 202620327 MLS
This well-maintained building features updated electrical, PEX plumbing, tankless water heaters, high-efficiency gas forced-air heating systems, updated flooring, fixtures, appliances, insulation, sheetrock, and trim throughout. The second-floor unit offers attractive skylights, while tenants enjoy access to a shared laundry room with coin-operated washers and dryers. Additional features include a sump pump, fully fenced backyard, deck, and storage shed. Professionally maintained with all required permits and fire safety systems in place. Conveniently located near shopping, dining, public transportation, and major roadways. A turnkey investment with immediate rental income, strong occupancy history, and long-term upside. Excellent Condition.

421 4th Street

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