Troy NY 2250+ Sq. Ft. Real Estate, Homes, Condos for Sale

4 Beds ⋅ 3 Baths ⋅ 202628983 MLS

Welcome to 20 Heather Ridge Road, a well maintained 4 bedroom, 2.5 bathroom home tucked away in a peaceful neighborhood. This spacious home, boasts an open floor that offers the perfect combination of comfort and convenience and outdoor living. Inside offers a bright and welcoming layout with generous living space ideal for daily living and entertaining. The eat in kitchen opens seamlessly to the living area and the large windows allow for natural light to pour in. This is a must see.

20 Heather Ridge Road, Troy

$349,000

6 Beds ⋅ 3 Baths ⋅ 202628929 MLS

Fantastic investment opportunity in a prime Troy location! Welcome to 2244 15th Street, a well-positioned three-unit property offering excellent potential for investors and owner-occupants alike. Featuring a brand-new roof, newer windows, and separate utilities for each unit, this property offers valuable updates and convenient management. Ideally situated near RPI, downtown Troy, shopping, dining, and major transportation routes, the location provides easy access to everything the area has to offer. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the others, this versatile property presents a wonderful opportunity. Don't miss your chance to own a three-unit property in a desirable Troy location!

2244 15th Street, Troy

$259,900

7 Beds ⋅ 3 Baths ⋅ 202628875 MLS

OPEN HOUSE SUN 10/25 11:30-1:30. Fresh new start at $259,900! This spacious 3-level Victorian two-family in Troy's Lansingburgh neighborhood sits on a double lot with plenty of outdoor space. The top apartment includes a loft, great for an office or guest space. It's ideal for an owner-occupant or an investor. Schedule your showing today!

69 6th Avenue, Troy

$415,000

4 Beds ⋅ 3 Baths ⋅ 202628721 MLS

Open House Friday (10/23) 3pm-5pm and Saturday (10/24) 10am-12pm Some homes just have a little more character, and this Craftsman in Troy's sought-after Frear Park neighborhood is one of them. With 4 bedrooms, including a stunning third-floor primary suite, this home is filled with architectural charm, thoughtful details, and spaces that make everyday living feel special. The kitchen features beautiful soapstone countertops and a stunning tiled range hood, while a welcoming front entry and sunroom add even more warmth and character. The private primary suite features a gorgeous tiled bathroom, creating a retreat of its own. Outside, the garden feels like something out of a magazine, with an inviting setting for summer dinners, garden parties, and quiet mornings. A converted garage offers a versatile studio space, previously used as a floral design studio and ready for whatever you can imagine. With central air throughout and a location near Frear Park, this is a home that blends timeless craftsmanship with modern comfort. Truly something special.

2606 15th Street, Troy

$249,000

4 Beds ⋅ 2 Baths ⋅ 202628571 MLS

Discover this all-brick, two-story, two-family property at 82 Ida Street in Troy, situated along the canal with water views from the rear yard. Each unit offers two bedrooms, an updated kitchen, and a full bath. The rear yard provides an inviting setting to relax and enjoy the canal views. A great opportunity for an owner-occupant seeking rental income or an investor looking to expand their portfolio. SELLING AS IS. The property is offered in as-is condition. Any inspections conducted are for informational purposes only. Seller will not make repairs or offer credits

82 Ida Street, Troy

$215,000

5 Beds ⋅ 2 Baths ⋅ 202628218 MLS

Discover the potential of 261 5th Avenue! This two-unit multifamily property offers an opportunity for investors or owner-occupants looking to add value. Featuring two separate units and a fully fenced backyard, the property offers the benefits of multifamily living in a convenient location with access to Downtown Troy and area amenities. Schedule your showing today and come see the possibilities for yourself!

261 5th Avenue, Troy

$210,000

4 Beds ⋅ 2 Baths ⋅ 202628193 MLS

Affordable Two-Family Investment Opportunity. With rents continuing to rise, why rent when you could own? Don't miss this affordable, move-in-ready two-family property located in the Lansingburgh School District! Whether you're an investor looking to build your portfolio and generate rental income or an owner-occupant looking to offset your mortgage by renting out the second-floor apartment, this property offers an excellent opportunity to put your money to work. Both units feature their own in-unit washer and dryer, so there's no need for trips to the laundromat! Separate utilities provide added convenience for managing expenses. Step outside and enjoy the rear deck overlooking a fenced-in backyard, offering a great space to relax or entertain. Affordable ownership, rental income potential, and practical amenities make this property one you won't want to miss! Start building equity and take advantage of the benefits of owning a two-family property today. Schedule your showing before this opportunity is gone!

270 4th Avenue, Troy

$3,890,000

202628189 MLS

Rare opportunity to acquire The Market Block, an iconic +/-49,965 SF, three-story mixed-use landmark in the heart of historic Downtown Troy. Offered at $3,890,000 ($77.85 PSF) with a 6.0% capitalization rate on in-place income. This 100% occupied retail/office property features a diverse tenant mix including Warner Bros., Velan Studios, Stacks Espresso and other established businesses. Flexible lease terms offer significant owner-user potential, while below-market rents provide investors with upside opportunity. Prominent corner location steps from Monument Square, River Street and the Hudson River waterfront. Excellent walkability, strong pedestrian activity, nearby public parking and convenient access to I-787, RPI and Russell Sage College. Downtown Mixed Use (DMU) zoning.

1 3rd Street, Troy

$299,000

9 Beds ⋅ 3 Baths ⋅ 202627973 MLS

Solid brick 3 Family on a double lot with parking in the back offered at $299,000. OPEN HOUSE Friday October 16th 11:00-1:00.

2531 6th Avenue, Troy

$325,000

7 Beds ⋅ 2 Baths ⋅ 202627753 MLS

Nice 7 bedroom 2 family on Pawling Ave. Good opportunity for 1st time buyer or investor. Same family ownership over 30+ years. 1st FLR has 3 bedrooms and 2nd FLR has 4 bedrooms! Both floors offer large living room and dining rooms, eat-in kitchens, hardwood floors, large front porches, and private driveway. Great locale on bus route, close proximity to Emma Willard and RPI. Easy commute to Historic Downtown Troy where you can enjoy restaurants, concerts, shopping and The Farmers Market and 10 minutes to Highway 787 (Albany) and Northway 87 (Saratoga/Lake George). Both units are month to month, longer term tenants. Each floor paying $900 per month plus tenants pay all gas and electric utilities plus water billing. *Owner installed 2 separate water meters & 5 year old roof.

26 Pawling Avenue, Troy

$134,900

5 Beds ⋅ 2 Baths ⋅ 202627674 MLS

Bring this once loved Lansingburgh beauty back to its former glory. Very large home, with some original features, needing complete rehab. but well worth the efffort. Beautiful side porch overlooking a nice side yard. Large 2 story barn/garage also needing work.

702 3rd Avenue, Troy

$425,000

4 Beds ⋅ 3 Baths ⋅ 202627565 MLS

This 4-bedroom Victorian Colonial on an oversized lot truly has it all. Newly refinished hardwood floors and original woodwork provide timeless elegance, while the brand-new kitchen (featuring stainless steel appliances, quartz countertops, and all-wood soft-close cabinetry) brings modern convenience. So do the main floor laundry room and fully remodeled bathrooms, which include custom tile work and a large walk-in shower in the primary bath. Adding to the home's appeal are numerous structural updates, including the roof (new as of 2025), plumbing systems (completely replaced in 2026), new hot water tank (also new in 2026) and modernized wiring and circuit breakers.

36 Belle Avenue, Troy

$149,000

3 Beds ⋅ 3 Baths ⋅ 202627454 MLS

Bring your vision to this spacious 1863 built home filled with original character, including beautiful woodwork, hardwood floors, soaring ceilings, and a slate roof. In need of TLC, but the space, character and potential are unmatched. This is a rare opportunity to restore a home with more than 160 years of history and make it something truly special once again.

16 114th Street, Troy

$199,000

7 Beds ⋅ 2 Baths ⋅ 202627392 MLS

INVESTMENT OPPORTUNITY! Looking to add an income-producing property to your portfolio? 466 1st St offers a great opportunity with $2,800 in total monthly rental income and established, long-term tenants who would love to remain. Conveniently located directly across from a school, this property offers a desirable location for tenants and the stability of existing occupancy. Whether you're looking to expand your current portfolio or make your first investment, this property is worth a look!

466 1st Street, Troy

$215,000

3 Beds ⋅ 2 Baths ⋅ 202627271 MLS

Welcome to 413 3rd St in Troy! This well-maintained two-family home offers a great opportunity for an owner-occupant or investor, with several important updates and desirable features. Recent and notable improvements include a new hot water tank, off-street parking, and washer/dryer. The first-floor unit features a newer stove, while the upstairs unit has a newer refrigerator. The home is also equipped with a Generac backup generator, approximately 10 years old, providing added peace of mind. The furnace has been consistently maintained, and the roof is approximately 15 years old. Enjoy additional outdoor space with a backyard garden, perfect for gardening, relaxing, or entertaining. The property is currently vacant, giving an owner-occupant or investor the flexibility to occupy one unit, rent both units, or make updates to suit their needs. Conveniently located close to everything Troy has to offer, including local shops, restaurants, schools, parks, downtown amenities, public transportation, and major roadways. With two-family versatility, off-street parking, laundry, a backyard garden, backup generator, and numerous maintenance updates, this property is ready for its next owner.

413 3rd Street, Troy

$319,000

7 Beds ⋅ 4 Baths ⋅ 202627260 MLS

This 3-unit, 3,194 sq ft multi-family offers a strong unit mix: a spacious 1st-floor 3BR/2BA plus two 2nd-floor 2BR/1BA apartments. Classic character throughout with hardwood floors Separate utilities, full basement with laundry hookups, off-street parking for 2 cars, back deck, patio, & shared yard. Close to downtown Troy, RPI, HVCC, shopping, dining, bus lines, and quick access to I-787.

130 5th Avenue, Troy

$140,000

5 Beds ⋅ 2 Baths ⋅ 202627235 MLS

Sold before print to tenant

793 2nd Avenue, Troy

$750,000

3 Beds ⋅ 5 Baths ⋅ 202627229 MLS

PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand. A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!

1809 5th Avenue, Troy

$650,000

202626833 MLS

RPI Rental King of the Hill ... Like you're acquiring Two 2 family house's under one roof! What? ... Yes, that's correct; this is an unbelievable 4,692 SF Brick 12 Bedroom, 4 full bath, 6 year old roof. Very nice, coin operated laundry area, 2 washers, 2 dryers. This huge 2 family falls in Residential Dormitory Area Status being just steps off Peoples Ave, which is prime locale for RPI rentals. In all my years owning two family rentals and helping clients and friends with their real estate transactions in the RPI area, Never ever have I seen a colossal brick student rental like this! Ownership has been in the same family for 30+ yrs, constantly maintained in and out. Owners haven't raised room rents in 10 years because of the continual student tenancy, whom have a majority of the time, filled from within themselves to under classmates during entire ownership! $4,740 per month plus tenants pay electric and owner pays gas heat.

2166 14th Street, Troy

$2,400,000

18 Beds ⋅ 14 Baths ⋅ 202626830 MLS

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

462-470 2nd Avenue, Troy

$314,900

6 Beds ⋅ 2 Baths ⋅ 202626780 MLS

A solid, updated 3,300 SF duplex offering exceptional versatility for investors or an owner-occupant looking to live in one unit and rent the other. Both flats feature a spacious 3-bedroom, 1-bathroom layout with classic built-in cabinets and barn doors separating the living room and dining room. Infrastructure projects are already done: a new roof (2023), gutters (2025), upgraded electrical panels (2021), two new hot water tanks (2024), a newer furnace, and Energy Star exterior doors. The property includes durable vinyl flooring newly installed on the first floor 10/6 and previously installed on the second floor. A fenced backyard with a large patio, and dual front porches for your enjoyment. Tenants or owners enjoy 3 paved off-street parking spaces, a smart lights, security system with Ring cameras, and coin-operated laundry in the basement. Ample storage in the dry basement and walk up attic.

5 Lansing Avenue, Troy

$210,000

6 Beds ⋅ 2 Baths ⋅ 202626760 MLS

Nice opportunity of Owner Occupy or Investor. This 6 Bedroom 2-Family is fully rented at $2,750 monthly income. Tenants pay Elect. & Gas. Major renovations within 5-6 years are new forced hot air system for 1st floor, new hot water tanks, updated kitchens, circuit breaker boxes & new flooring. Short walk to Little Italy area restaurants or Downtown Troy Farmers Market, Concerts, venues and entertainment. Big bonus regarding this 2-Family is it has a rarely round Large Backyard plus 2 Car Off Street Parking!

146 Hill Street, Troy

$225,000

6 Beds ⋅ 2 Baths ⋅ 202626685 MLS

Beautiful two family duplex. Great investment opportunity. The first floor rent is $1250 and always paid on time The second floor rent is $1,350 and is always on time. On the bus line. Ready for the new owner. New roof, new furnaces. Everything works.

81 2nd Avenue, Troy

$400,000

11 Beds ⋅ 3 Baths ⋅ 202626482 MLS

Here's an opportunity to add a well-sized multifamily property to your real estate portfolio in Troy, NY. This three-unit property offers a desirable unit mix consisting of two four-bedroom apartments and one three-bedroom apartment, providing substantial living space across all three units. The larger layouts make this property appealing to a wide range of potential tenants, while the three-unit configuration provides multiple income streams under one roof. Whether you are an investor looking to expand your portfolio, an owner-occupant interested in offsetting housing costs with rental income, or someone looking for their next multifamily project, this property offers plenty of possibilities. The property is ready for a new owner to bring their vision and make the most of what it has to offer. With three generously sized apartments and a strong bedroom count, there is an opportunity to create a property that can serve both tenants and an investor's long-term goals.

211 4th Street, Troy

$185,000

7 Beds ⋅ 2 Baths ⋅ 202626448 MLS

Welcome to 727 Burden Ave Troy, a spacious two-family property offering an excellent opportunity for investors, owner-occupants, or those seeking flexible multi-generational living. 10.7% CAP RATE with a reported market range of 13.3% to 18.5%. The first-floor unit offers 3 bedrooms, 2 full bathrooms, two living rooms, and an additional room suitable for an office, storage, or flex space. The second-floor unit features 4 bedrooms and 2 living rooms, creating a generous layout for residents. Both units are currently rented, with reported combined rental income of $2,200 per month. Separate electric, gas, heat, water heater, and water utilities provide added convenience for tenants and ownership. The full basement adds valuable versatility with exterior access, finished and unfinished areas, a bathroom stub-in, and kitchen rough-in. The basement is not a separate apartment, and the property is zoned as a commercial two-family. The additional space offers potential for storage, workspace, recreation, or other permitted uses. Conveniently located in Troy's Capital Region, residents are near shopping, dining, recreation, education, and entertainment. Nearby destinations include Hudson River Commons, Hudson Valley Plaza, Prospect Park, Frear Park, and Riverfront Park. Downtown Troy offers restaurants, local shops, the Troy Waterfront Farmers Market, Troy Savings Bank Music Hall, and Hart Cluett Museum. Educational institutions including Rensselaer Polytechnic Institute, Hudson Valley Community College, and Russell Sage College add to the area's appeal. An opportunity to explore for investors seeking a spacious two-family property with established rental income, separate utilities, substantial basement space, and convenient access to all that Troy has to offer. Review the Income & Expense Sheet for additional financial information.

727 Burden Avenue, Troy

$229,000

5 Beds ⋅ 2 Baths ⋅ 202626391 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, Troy

$3,499,000

202626203 MLS

Historic character meets incredible commercial potential in the heart of Downtown Troy! This beautiful and versatile building offers a unique opportunity for businesses seeking warehouse, industrial, retail, office, event, or distribution space. The property features expansive warehouse facilities, retail areas, offices, bonus rooms, and an event room with supporting facilities, offering endless possibilities for a creative and adaptable business concept. Ideal for warehouse operations, distribution centers, showroom/retail, creative studios, office headquarters, events, production, storage, or a combination of uses. Bring your vision to a distinctive Downtown Troy property with character, flexibility, and tremendous potential.

2600 6th Avenue, Troy

$399,000

5 Beds ⋅ 2 Baths ⋅ 202626121 MLS

A remarkably intact 1878 Victorian offering extraordinary original detail, tremendous scale, and an opportunity for its next steward to preserve and update it for another generation. Located just one block from the Hudson River, this grand home is a striking reminder of an era when homes were created as much for beauty and craftsmanship as for function. From the expansive wraparound porch to the soaring ceilings, beautiful original woodwork, grand staircase, bay windows and multiple fireplace mantels, nearly 3,700 square feet of finished living space is filled with details that would be extraordinarily difficult to reproduce today. The expansive floor plan offers 5 bedrooms, 1.5 baths, multiple gathering spaces, a formal dining room, eat-in kitchen and a large unfinished walk-up attic providing exceptional additional space and possibilities. Outside, the .32-acre corner lot, detached carriage house and impressive wraparound porch complement the home's substantial presence, with recent exterior and porch improvements adding to its appeal. Remarkably preserved rather than reinvented, the home is comfortable and livable today while offering abundant opportunity for thoughtful updating and improvement. For the buyer who values authenticity, artistry and individuality, this is a rare opportunity to own a home from an era when residences were not merely constructed--they were crafted. Just one block from the Hudson River and the 123rd Street boat launch, This home is ready for someone who appreciates what has survived and has the vision to carry it forward.

824 2nd Avenue, Troy

$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, Troy

$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, Troy

$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 offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history 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 before scheduling a showing. Showings by appointment only.

7 Brunswick Road, Troy

$999,000

11 Beds ⋅ 4 Baths ⋅ 202625554 MLS

Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.

277 Congress Street, Troy

$225,000

6 Beds ⋅ 2 Baths ⋅ 202625478 MLS

This two family home offers a great opportunity for both investors and owner occupant. Each unit is very generous in size with eat in kitchens, built in cabinets, laundry rooms on each floor and off street parking in the rear of the property. Conveniently located to schools, shopping and restaurants. This is a great one, don't miss out!

479 8th Avenue, Troy

$188,000

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, Troy

$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, Troy

$250,000

6 Beds ⋅ 2 Baths ⋅ 202625177 MLS

Attention investors looking for a fully occupied, positive cash flowing duplex in Troy. With $36,000 annual gross income and an approximate NOI of $31,200, this property provides a cap rate of over 11%. This beautiful brick duplex offers 3 bedrooms and 1 bath in each unit, remodeled kitchens, new furnaces, hot water tanks and a new rubber roof. The home has newer vinyl replacement windows. Basement could be finished to offer up additional living space. Tenants pay heat, electric, gas, hot water, heat, cable, internet All units separately metered (2 meters in basement).

3236 6th Avenue, Troy

$699,999

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, Troy

$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, Troy

$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, Troy

$189,900

6 Beds ⋅ 2 Baths ⋅ 202624657 MLS

Great opportunity for investors. This fully rented two-unit property in Troy features 3 bedrooms, 1 full bath in each unit, along with spacious living and dining areas that provide comfortable layouts for tenants. The property also offers a good-sized yard, adding valuable outdoor space. Whether you're expanding your portfolio or looking for your next investment property, this two-unit is ready for the next investor. Don't miss the opportunity to add a fully occupied property with solid rental potential to your portfolio!

175 6th Avenue, Troy

$230,000

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, Troy

$245,900

7 Beds ⋅ 2 Baths ⋅ 202624370 MLS

Turnkey renovated two-family with separate utilities — 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 leased at $3,100/mo — income in place from day one. Downstairs 3BR through 7/31/2027, upstairs 4BR through 3/31/2027. Taxes approx. $3,800/yr. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

75 5th Avenue, Troy

$410,000

2 Baths ⋅ 202622630 MLS

Sold before print

501 Campbell Avenue, Troy

$475,000

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, Troy

$210,000

6 Beds ⋅ 2 Baths ⋅ 202623932 MLS

SOLD BEFORE PRINT

283 5th Avenue, Troy

$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, Troy

$824,900

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, Troy

$190,000

4 Beds ⋅ 2 Baths ⋅ 202623283 MLS

Sold before print

358 4th Street, Troy

$309,000

5 Beds ⋅ 3 Baths ⋅ 202623189 MLS

Fully vacant and ready for its new owner, this three-unit Troy property is delivered with all units empty at closing, giving an owner-occupant or investor a clean slate to occupy, renovate, or re-rent at market rates. 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 has two private entrances, including one directly from the parking area. The 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. Two separate basement access points provide potential for a future owner to add additional laundry hookups. Coin-operated laundry is currently available 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, Troy

$430,000

7 Beds ⋅ 2 Baths ⋅ 202622944 MLS

SOLD BEFORE PRINT

1513 Bouton Road, Troy

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