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Spacious Three-Family Property in Troy
For Sale
$399,000

1040 5th Avenue, Troy, NY 12180

MULTI_FAMILY - Other - Troy, NY

Property Size4,278 SF
Lot Size0.07 Acres
Price / SF$93.27
Days on Market125

Property Features for 1040 5th Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2
Parking 2
Parking features Driveway, Garage, Open, Off Street
Patio and Porch features Patio
Interior features Built-in Features, Crown Molding
Fencing Gate, Fenced
Fireplace 1
Basement Full
Lot features Level
View City
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions 5th Ave between Jefferson & Ida
Standard status Active
APN 381700 112.21-5-22
Size 4,278 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6630

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Space Heater, Natural Gas
Water source Public

Amenities

covered patio
Siemens car charger
decorative fireplaces

Building Details

Year built 1880
Number of units 3
Flooring type Carpet, Hardwood
Building materials Stone, Brick
Architectural style Other
Listing Agency: Re Max Solutions · RE/MAX International
Listed By: Catherine A Graziano · License #10301222407
Added: Apr 14 Changed: Aug 14 Last Checked: Aug 16 at 3:06PM
MLS# 202615023

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick three-family property, constructed in 1880, offers over 4,200 square feet of living space. The property features a total of 8 bedrooms, 2 additional office spaces, and three full bathrooms. Each unit is generously sized with high ceilings and two decorative fireplaces. Many windows have been replaced. A new roof is planned for 2026. Additional features include a covered patio in the backyard and a two-car garage equipped with a door opener and Siemens car charger. Situated in Troy, NY, this property presents an opportunity for investors or owner-occupants seeking rental income.

Key Highlights

  • Brick three‑family home built in 1880 with 4,200+ sq ft total living space
  • Total of 8 bedrooms and 3 full bathrooms, plus 2 additional office spaces
  • 2 decorative fireplaces and crown molding, with hardwood and carpet flooring

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Veterinary Clinic Butcher Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained, 8-bedroom triplex with modern amenities and investment potential.
Where is this triplex located?
The property is located at 1040 5th Avenue Troy, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Brick three‑family home built in 1880 with 4,200+ sq ft total living space; Total of 8 bedrooms and 3 full bathrooms, plus 2 additional office spaces; 2 decorative fireplaces and crown molding, with hardwood and carpet flooring
More about this property
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