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Two-Unit Multifamily Property
For Sale
$230,000

161 5th Avenue, Troy, NY 12180

MultiFamily, Troy, NY

Property Size2,468 SF
Lot Size0.08 Acres
Price / SF$93.19
Days on Market42

Property Features for 161 5th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 5
Parking 1
Parking features Off Street
Basement Full, Unfinished
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions Take River Street down until 102nd Street make a right then immediately after make a left onto Fifth Ave and follow it until you reach 161 Fifth.
Standard status Active
APN 381700 90.39-4-8
Size 2,468 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 1794

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Radiant, Forced Air
Water source Public

Building Details

Year built 1890
Number of units 2
Building materials Aluminum Siding
Architectural style Other
Listing Agency: Realty One Group Key
Listed By: Keith A Wells · License #10401329988
Added: Jul 24 Changed: Sep 2 Last Checked: Sep 3 at 10:06AM
MLS# 202622561

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 two-unit multifamily property contains 2,468 square feet on a 0.08-acre lot. The first-floor apartment offers four bedrooms, two living rooms, an eat-in kitchen, and a full bathroom. The second residence spans the second and third floors and includes three bedrooms, five living rooms, an eat-in kitchen, and a full bathroom. The second-floor portion was partially renovated two years ago.

Both apartments have separate utilities, and the first-floor tenant has occupied the unit for more than five years. The landlord is responsible for water and trash service. The property includes off-street parking, aluminum siding, natural gas heating with radiant and forced-air systems, public water, and public sewer. Built in 1890, it is located at 161 5th Avenue in Troy, NY.

Key Highlights

  • 2,468‑square‑foot duplex on a 0.08‑acre lot
  • Two units with separate utilities
  • First‑floor apartment includes 4 bedrooms and 2 living rooms

Property Analytics

Current Use

Angle Awnings Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Furniture & Home Goods

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

265
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
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with separate utilities, off-street parking, and a partially renovated second unit.
Where is this duplex located?
The property is located at 161 5th Avenue Troy, NY.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,468‑square‑foot duplex on a 0.08‑acre lot; Two units with separate utilities; First‑floor apartment includes 4 bedrooms and 2 living rooms
More about this property
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