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Browse All Troy NY Between $400K - $500K Properties for Sale

$430,000
4 Beds 2 Baths 202617610 MLS
This custom raised ranch is one you won't want to miss! Located on a premium cul-de-sac lot, this 4-bedroom, 2 full bath home offers MODERN style, comfort, and exceptional entertaining space throughout. Designed with the feel of a private villa, the home showcases gorgeous custom tile work throughout. The recently finished lower-level full bath features Lg format tile, glass shower doors, and luxurious body jets. NEWER ANDERSEN WINDOWS fill the home with beautiful afternoon sunlight. The stunning modern kitchen is the heart of the home, complete with granite countertops, a huge center island with drawer microwave and wine cooler, GE gas stove, and a CUSTOM COFFEE BAR flanked by pantry cabinetry. Spacious upper-level bedrooms offer generous closet space, while the oversized lower-level primary bedroom includes a huge walk-in closet. Good sized laundry room offers additional pantry storage, a folding counter and also houses the TANKLESS WATER HEATER. The large living room easily accommodates a sectional sofa and features French doors leading to your backyard oasis. The sellers have truly enjoyed this backyard retreat and hope the next owners will create just as many special memories here. The expansive concrete patio wraps around the rear and side of the home and features a hardtop Gazebo for shaded relaxation. Beautiful landscaping surrounds the above-ground POOL-new liner MAY '26 and custom wood-fired pizza oven, creating the perfect setting for summer fun. Plenty of parking on the concrete driveway and the true BONUS to this property is the immaculate, oversized detached heated 2-car garage/man cave with abundant storage space for recreational or work equipment. A Must See!

7 Adare Road

$490,000
7 Beds 3 Baths 202615485 MLS
MULTIPLE OFFER SITUATION. BEST AND FINAL OFFER DEADLINE IS MONDAY 4/27 @ 5PM. Rare opportunity to own an extensively upgraded three-family Victorian on Troy's desirable East Side with separate utilities, major capital improvements already completed, and a vacant first-floor unit ready for an owner-occupant or new tenant. The home retains beautiful historic character, highlighted by a stunning original staircase that winds gracefully through all three floors, creating a dramatic architectural focal point rarely found in multi-family properties. The second-floor apartment is the standout unit, fully renovated with gorgeous hardwood flooring, radiant floor heating in the living room, a brand-new kitchen with new appliances, and a beautifully updated bathroom. The first-floor unit is bright, open, and currently vacant, offering an excellent opportunity for an owner-occupant or new tenant, and features a new ceramic tile bathroom with updated plumbing, electrical, and insulation. The third-floor apartment offers three bedrooms and a spacious kitchen with new appliances, countertops, sink and faucet, along with a new pantry, updated lighting, and new flooring. Major improvements extend throughout the property and include all new roofs (house, porches, and garage), new windows throughout (excluding basement), new decks, exterior doors, landscaping, and a new concrete sidewalk and driveway apron. The basement has been significantly upgraded with a new concrete floor and French drain system, sump pump basin, new PEX plumbing with shut-off valves, three new hot water tanks, new electrical service with separate utilities for each unit plus house service, and lockable tenant storage. With significant structural and mechanical improvements already completed, the next owner can focus on income rather than major capital projects.

14 Locust Avenue

$499,000
10 Beds 5 Baths 202614105 MLS
Welcome to 276 3rd Street, a Five unit multi-family opportunity in the heart of Little Italy in Troy. Each unit has separate utilities, allowing for simplified management and cleaner expense allocation. For sure a solid addition to an investment portfolio with strong fundamentals and long term potential. All units are configured as 2 bed, 1 bath, a unit mix that is typically easier to lease and appeals to a wide range of tenants. The property also presents value-add potential for investors looking to make improvements over time while working toward stabilization. The combination of separate utilities and consistent unit configuration provides operational flexibility. 276 3rd St is just around the corner from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 278-280 4th Street (6 Units)

276 3rd Street

$474,480
7 Beds 3 Baths 202526903 MLS
Multiple offers received, best and final due 10/6 @ 6pm. Don't miss this rare opportunity to own a beautifully maintained 3,176 sq ft triplex in Troy's highly desirable Eastside neighborhood. Whether you're an investor or seeking an owner-occupied opportunity, this turn-key 3-family home checks every box. Live in one unit or rent out the entire property—with potential rental income of $67,200 annually ($5,600/month), this is a high-yield investment with low taxes. The spacious 4-bedroom top-floor unit will be delivered vacant at closing, offering immediate potential for market rent or move-in flexibility. Each of the three units features a generous layout filled with natural light, blending original charm with thoughtful modern updates. The home offers the timeless character and architectural details of an old house, enhanced with all the modern amenities you could ask for. Enjoy a brand-new roof, updated HVAC systems including furnaces and mini-splits, quartz and marble countertops, dimmer lighting, hardwood floors, stainless steel appliances, two dishwashers, and in-unit washer-dryers. Each unit has separate utilities and newer electrical panels for easy, efficient management. Additional highlights include off-street parking for 3-4 vehicles, a large two-car garage, basement storage, a spacious attic, and a charming backyard deck—perfect for summer evenings and BBQs. With two quiet, reliable tenants already in place, the property offers low overhead, low maintenance, and steady income from day one. Centrally located near RPI, HVCC, Emma Willard, and all major services, this property is ideally situated for both renters and owner-occupants. Whether you're building your portfolio or looking to live while earning rental income, this is an exceptional opportunity you won't want to miss.

669 Pawling Avenue

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

Between $400K - $500K Troy Real Estate

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