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    500 3Rd Ave Troy, NY 12182

    Pending
    For Sale
    $239,000

    MULTI_FAMILY - Troy, NY

    Property size:
    2,240 SF
    Lot size:
    0.14 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 500 3Rd Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Blinds
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    7
    Bathrooms
    2
    APN
    381700 80.63-8-1
    Patio and Porch features
    Porch
    Interior features
    Ceramic Tile Bath
    Fencing
    Chain Link, Fenced
    Basement
    Full
    Size
    2,240 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1889
    Number of units
    2
    Flooring type
    Hardwood, Vinyl, Tile - Ceramic
    Building materials
    Asbestos, Masonite
    Roof type
    Asphalt

    21st Century Properties (518) 541-3709 [email protected]

    Listing agent Jamie Gervais (518) 817-7531 License #10401371977

    Listing date Nov 14, 2025

    MLS# 202529195 Listing URL

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two-Family Home in Troy

    This updated two-family home is located in Lansingburgh, Troy, and presents an opportunity for investors or owner-occupants seeking rental income. The property features two vacant units ready for immediate use, offering flexibility to rent both spaces or live in one and lease the other. Recent improvements include new windows, fresh paint, updated kitchen counters and cabinets, and tiled bathrooms with new tubs. The home offers generous living space, providing a foundation for further customization. Situated on a corner, fenced-in lot of 0.14 acres, the property also features a storage shed. The property size is 2240 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.676921
    Latitude
    42.771704

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    FAQs

    What type of property is this?
    Duplex - Updated two-family home with income potential in Lansingburgh, Troy.
    Where is this duplex located?
    The property is located at 500 3Rd Ave Troy, NY.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Two vacant units **ready for immediate use** (rent both or owner-occupy one).; - Recent improvements: new windows, fresh paint, **updated kitchen, tiled bathrooms with new tubs**.; - Strong rental income potential in an appealing location.
    (518) 817-7531
    Request Owner's contact information
    500 3Rd Ave Troy, NY 12182
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    Troy, NY 12182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 3Rd Ave Troy, NY 12182
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