Troy NY Multi-Family Real Estate, Homes for Sale

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 ⋅ 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

$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

$270,000

6 Beds ⋅ 2 Baths ⋅ 202625293 MLS

Renovated from A to Z! This turnkey Troy two-family features two beautifully updated 3-bedroom units with brand new kitchens, appliances, bathrooms, flooring, plumbing, electrical, furnaces, windows, laundry hook ups, hot water tanks, 2 decks and balcony. A two-car garage with private alley access offers potential for additional rental income--an excellent opportunity for owner-occupants or investors!

427 6th Avenue

$199,900

4 Beds ⋅ 2 Baths ⋅ 202625289 MLS

Attention investors and owner-occupants! Great opportunity to own a side-by-side duplex located in a quiet Troy neighborhood. Each unit offers 2 bedrooms, 1 full bath, a full basement, central air, forced hot air heat, and separate utilities. One unit is currently vacant and ready for immediate occupancy, making this an ideal option for an owner-occupant looking to offset their mortgage or an investor looking to add to their portfolio. Situated on a large lot with off-street parking. Don't miss this solid two-family opportunity!

124 Mann Avenue

$279,900

4 Beds ⋅ 2 Baths ⋅ 202625259 MLS

Rare opportunity in Troy's desirable Little Italy neighborhood! This impressive all-brick two-family combines classic character with the peace of mind of a substantial renovation. The property was gutted and extensively rehabbed in 2010, including updates to the electrical, plumbing, framing, floor joists, sheetrock, windows, kitchens, bathrooms, and forced-air heating systems. Each spacious unit offers 2-3 bedrooms and one full bath, providing excellent flexibility for owner-occupants, investors, or multi-generational living. An all-brick two-family with this level of renovation is increasingly difficult to find. The location is another standout- just minutes from Downtown Troy, its restaurants, shops, entertainment, and RPI College, while Prospect Park is just up the hill. Whether you're looking to live in one unit and rent the other or add a quality property to your investment portfolio, this is a rare combination of a quiet location, substantial improvements, solid brick construction, and income-producing potential. The 1st-floor unit is ready to be rented and left vacant for ease of showings.

6 St Marys Avenue

$270,000

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

$339,999

8 Beds ⋅ 3 Baths ⋅ 202625170 MLS

Completely remodeled three-family offering an incredible investment opportunity in Troy. This impressive all-brick multifamily combines classic, durable construction with extensive modern updates throughout. Each unit offers a spacious layout with beautifully updated kitchens, renovated bathrooms with tiled showers, and bright modern finishes throughout. Major improvements include updated plumbing and electrical, along with Navien heat and hot water systems for efficient, modern mechanicals. The combination of all-brick construction, three separate units, extensive renovations, and large living spaces makes 329 9th Street a standout addition to any rental portfolio or the perfect for owner occupants given the already vacant units. With the major work already completed, buyers can focus on maximizing rental income rather than taking on a large renovation.

329 9th Street

$319,999

8 Beds ⋅ 2 Baths ⋅ 202625169 MLS

Turnkey and completely remodeled two-family offering an incredible amount of space. Each unit features a massive 4-bedroom layout, making this property an excellent opportunity for investors or owner-occupants looking for strong rental potential and spacious living. Extensive renovations have been completed throughout, including updated plumbing and electrical, modern kitchens, beautifully finished bathrooms with tiled showers, and fresh finishes throughout. Each unit also features Navien heat and hot water systems, providing efficient, modern mechanicals and separate comfort for both units. With 8 total bedrooms, oversized units, and major updates already completed, this property offers the combination of size, quality, and versatility that's hard to find in Troy. Whether you're looking to add a turnkey multifamily to your portfolio or live in one unit while renting the other, 326 9th Street is ready to go.

326 9th 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

$225,000

6 Beds ⋅ 2 Baths ⋅ 202624811 MLS

Investors and owner-occupants, take notice! Located at 1302 5th Avenue in Troy, this two-family property offers two 3-bedroom, 1-bath units and an excellent opportunity for rental income in a convenient Capital Region location. Both units feature a kitchen, living room, full bath, refrigerator, stove and washer/dryer hookups. Separate electric and gas utilities provide an attractive setup for investors, with tenants responsible for cable, electricity and heat. The property also offers forced-air heating, a walk-out basement, public water and sewer, 100-amp electrical service and a level 0.23-acre lot. Expected market rents were discussed at approximately $1,300-$1,600 per month per unit. Current cap-rate projections discussed range from approximately 10.2% at the low-market scenario to 13.4% at the high-market scenario, with an estimated cap rate of 11.8%. Buyers should independently verify rental income, expenses and cap-rate calculations. The property is ideally positioned near downtown Troy and the popular Little Italy neighborhood, offering convenient access to restaurants, shopping, entertainment, employment centers and city amenities. Located within the Troy City School District, residents have access to Troy's public school system. Recreation is nearby, including Frear Park with golf, tennis, fields, playgrounds and seasonal activities, as well as Prospect Park and its outdoor amenities. With two 3-bedroom units, separate utilities and strong rental potential, 1302 5th Avenue offers versatility for investors seeking income-producing real estate or owner-occupants looking to offset housing costs. Light staging can help showcase the vacant rooms, layout and potential of each unit.

1302 5th Avenue

$175,000

6 Beds ⋅ 2 Baths ⋅ 202624768 MLS

Investment Opportunity in Troy's Lansingburgh School District Spacious 2-family Colonial duplex offering strong rental income potential. Perfect for investors looking for a value-add project or an owner-occupant wanting to build equity, this estate property is being sold as-is and features distinct, well-proportioned layouts in both units. Unit Layouts: 3 Bedrooms and 1 Bathroom per unit. Living Spaces: Each apartment boasts a large eat-in kitchen, full formal dining room, and bright living area. Utilities: Separate utilities for easy expense tracking and tenant billing. Renovation Potential: Straightforward layout makes updates and cosmetic improvements hassle-free. School District: Lansingburgh Central School District. Bring your contractor and your vision to unlock the full cash-flow potential of this solid Troy duplex!

889 5th 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

$220,900

5 Beds ⋅ 2 Baths ⋅ 202624726 MLS

Don't miss the opportunity to own this beautifully renovated multifamily home in the heart of Troy! Thoughtfully updated throughout, this property features two new electric water heaters, upgraded electrical wiring, new plumbing, reinforced support beams, and a newly constructed exterior staircase--offering valuable improvements for its next owner. Inside, you'll find spacious bedrooms, abundant natural light, and comfortable living spaces, along with a backyard offering additional outdoor space to enjoy. Adding even more value, the sale includes an additional parcel where a garage previously stood, offering potential for future residential development, subject to municipal approvals. The property is currently tenant-occupied, providing rental income from day one--an attractive benefit for investors looking to add an income-producing property to their portfolio. It also offers future flexibility for an owner-occupant looking to enjoy the benefits of multifamily ownership. Conveniently located near bus routes and just a few blocks from Troy's Washington Park, this property combines location, existing rental income, major improvements, and future potential all in one opportunity. Schedule your showing today, and see everything this property has to offer!

307 4th Street

$399,900

7 Beds ⋅ 3 Baths ⋅ 202624664 MLS

Investment Opportunity in Troy! Welcome to 105 Second Avenue, a well-maintained three-unit property offering strong income potential in a convenient Troy location. This property was freshly rehabbed a few years ago, providing investors with an excellent opportunity to own a turnkey-style income property without taking on a major renovation project. Featuring river views, the property offers an appealing combination of location, condition, and income-producing potential. Situated within the City of Troy and directly along an active bus line, tenants can enjoy convenient access to transportation, shopping, dining, employment centers, and the many amenities Troy has to offer. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking an owner-occupied investment, this three-unit property provides flexibility and opportunity. Live in one unit while generating rental income from the others, or position the entire property as a strong income-producing asset. Priced at $399,000, this is an opportunity to add a recently rehabbed, multi-unit property with river views and excellent accessibility to your portfolio. Don't miss your chance to take advantage of this Troy investment opportunity!

105 2nd Avenue

$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

$285,000

4 Beds ⋅ 2 Baths ⋅ 202624522 MLS

Location, location, location! This solid brick two-family home, built in 1890, offers exceptional flexibility and investment potential just a short walk from RPI. Currently being used as a spacious single-family residence, the property can easily be converted back to its original two-family configuration, with additional potential for a third unit in the basement. Updated bathrooms, classic brick construction, and a generously sized extended backyard add to the appeal. Whether you're looking for an owner-occupied property, student housing opportunity, or an income-producing addition to your portfolio, this versatile property offers tremendous possibilities in a highly desirable location.

44 Christie 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

$259,900

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 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. Minutes to RPI, HVCC, and major commuter routes. Listing broker holds an ownership interest in the subject property.

75 5th Avenue

$229,900

4 Beds ⋅ 2 Baths ⋅ 202624315 MLS

Located in the heart of North Troy, this well-maintained two-family property offers an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms and 1 full bathroom, with hardwood floors throughout. The updated first-floor unit is vacant and ready for immediate occupancy, with an estimated market rent of $1,500 per month--ideal for a buyer looking to live in one unit or an investor who wants to select their own tenant. The second-floor unit is currently occupied by a month-to-month tenant paying $1,200 per month. A great opportunity to generate immediate rental income while building long-term value!

22 108th Street

$150,000

4 Beds ⋅ 2 Baths ⋅ 202624171 MLS

Investment Opportunity in Troy! Bring your vision and unlock the potential of 708 3rd Ave. This property offers an excellent opportunity for an investor, contractor, or buyer looking to add value. Foundation work has been recommended, and the list price has been adjusted to reflect the anticipated repairs and improvements needed. This property presents an opportunity to build equity and maximize potential.

708 3rd Avenue

$210,000

6 Beds ⋅ 2 Baths ⋅ 202623932 MLS

SOLD BEFORE PRINT

283 5th 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

$275,000

4 Beds ⋅ 2 Baths ⋅ 202623830 MLS

Check out this charming 1861 Eastside two-family home, tucked away at the end of a quiet dead-end street! Meticulously maintained and filled with endless character, both spacious units feature beautiful tin ceilings, wide-plank pine floors, and classic mouldings or beadboard accents. Each apartment offers two bedrooms, generous storage, oversized eat-in kitchens with in-unit laundry, updated bathrooms, and bright, inviting living spaces. Outside, you'll find ample off-street parking, a detached two-car garage with loft storage, and a welcoming front porch; perfect for relaxing and enjoying the peaceful surroundings. Situated on a rare 0.62-acre lot bordering the Wynantskill Creek, this unique property offers a beautiful, nature-filled setting while still enjoying all of the conveniences of city living. A wonderful opportunity for owner-occupants or investors alike!

27 Lilac Lane

$268,000

4 Beds ⋅ 2 Baths ⋅ 202623814 MLS

Excellent opportunity to own an oversized two-family home on a corner lot with a huge fenced-in yard backing to the Posten Kill Creek. With approximately 2,210 square feet of living space, this property offers flexibility for an owner occupant or investor. The second unit is currently vacant, providing an excellent opportunity for an owner occupant to move in while the first-floor unit will be tenant occupied on a month-to-month lease starting 10/1. Combined annual rental income potential for both units is approximately $34,200! This offers a great opportunity to offset your mortgage or add to your investment portfolio. The large fenced-in lot, corner location, creek-side setting, and spacious two-family layout make this a unique opportunity in Troy. Whether you're looking to owner occupy, invest, or add value over time, this property offers plenty of possibilities.

345-349 4th Street

$229,000

4 Beds ⋅ 3 Baths ⋅ 202623812 MLS

Attention investors! This 3 unit multi-family is on a double lot and is fully occupied by long-term tenants. Features many new updates, a large fully fenced in yard and an oversized detached garage. New roof in September 2025. New water heater July 2026. Close to schools, bus line, shopping, parks and highway. Rents are below current market rates and could be higher. Tenants are on a month to month, leaving open the potential for owner occupancy.

274 3rd 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

$169,000

4 Beds ⋅ 2 Baths ⋅ 202623398 MLS

nice 2 family for rental or owner occupied/rental close to bus routes colleges and shopping. Separate utilites. Fenced in backyard. Broker is owner of property.

395 10th Street

$190,000

4 Beds ⋅ 2 Baths ⋅ 202623283 MLS

Sold before print

358 4th 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

$139,900

4 Beds ⋅ 2 Baths ⋅ 202623157 MLS

Located at 709 4th Ave, Troy, NY, this property offers a great opportunity in a convenient neighborhood with easy access to downtown Troy, local shops, restaurants, schools, and major commuting routes. Whether you're looking for your next home or an investment property, this address combines accessibility, potential, and everyday convenience in one of Troy's established residential areas.

709 4th 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

$139,900

3 Beds ⋅ 2 Baths ⋅ 202622749 MLS

This Troy two-family property is an excellent opportunity for investors seeking a cash-flowing rental or owner-occupants looking to offset their mortgage with rental income. One unit is currently vacant, providing the flexibility to move in or secure a new tenant while the second unit generates income. With its two-unit layout and strong potential, 7 Winnie Ave offers an attractive opportunity to build equity and add a solid investment to your portfolio.

7 Winnie Avenue

$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

$360,000

9 Beds ⋅ 3 Baths ⋅ 202622570 MLS

Excellent investment opportunity in Troy, NY! This fully occupied three-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

375 8th 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

$210,000

4 Beds ⋅ 2 Baths ⋅ 202622562 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

19 Defreest Avenue

$230,000

7 Beds ⋅ 2 Baths ⋅ 202622561 MLS

Excellent investment opportunity in Troy, NY! This fully occupied two-unit property consist of 1st floor 4 bd. apt.2 living rooms, eat in kitchen, and full bathroom.2nd unit consist of 2floors.{second floor and 3rd floor)Which has 3 bedrooms, 5 liv rooms,eat in kit.,and full bathroom.Both units generate over $38,400 anually.2nd floor was partially renovated 2 years ago .All units sep. utilities. 1st floor tenant has occupied unit for 5 yrs plus. Landlord is responsible for water and trash bills. This is and excellent opportunity for and investor whom is looking to extend There portfolio. Investors who are int. in more than 1 property may combine this deal with others that are offered by the same seller. in 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

161 5th 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

$400,000

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

$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

$50,000

4 Beds ⋅ 2 Baths ⋅ 202621654 MLS

CASH OFFERS ONLY. Full gut/rehab in Troy. Nice lot. Quiet street. Current allowable use is for a 2 family. Bring a flashlight.

393 4th Avenue

$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

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