Occupied Duplex with
For Sale
$299,900
1830 Highland Avenue, Troy, NY 12180
Well-maintained fully occupied duplex offering spacious units, off-street parking via private driveway, and a backyard.
Property Size1,900 SF
Price / SF$157.84
Days on Market238
Property Features for 1830 Highland Avenue
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Multi Family / Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1891
Tenancy
Multi
Listing Agency:
New Scotland Realty
(518) 810-7289
Listed By:
Michael Rizk · License #10401379639
(518) 810-7289
Source:
Compass
Added: Dec 8, 2025
Changed: Jul 22
Last Checked: Aug 3 at 11:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Scotland Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex is fully occupied and configured with large units designed for comfortable everyday living. The property includes a private driveway providing off-street parking and offers a spacious backyard that can be used by tenants or potentially leveraged for additional value.
Located in a desirable Troy neighborhood, the property is positioned to benefit from consistent rental demand. It is a fit for investors seeking income-producing residential assets or for owner-occupants looking to offset their mortgage with on-site rental income.
The duplex includes private off-street parking and outdoor space, while the unit occupancy is already in place, supporting a straightforward income profile.
Located in a desirable Troy neighborhood, the property is positioned to benefit from consistent rental demand. It is a fit for investors seeking income-producing residential assets or for owner-occupants looking to offset their mortgage with on-site rental income.
The duplex includes private off-street parking and outdoor space, while the unit occupancy is already in place, supporting a straightforward income profile.
Key Highlights
- Well‑maintained, fully occupied duplex with long‑term tenants
- Wood siding exterior with a spacious backyard
- Private driveway provides off‑street parking
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $17.40 |
| − Vacancy | −$1.7k | −$0.90 |
| EGI | $31.3k | $16.50 |
| − OpEx | −$9.4k | −$4.95 |
| NOI | $21.9k | $11.55 |
1,900 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.4K
$274.2K – $365.7K
NOI $21,939 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$289.9K
$253.7K – $338.3K
NOI $20,295 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$592.9K
$518.8K – $691.7K
NOI $41,502 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained fully occupied duplex offering spacious units, off-street parking via private driveway, and a backyard.
Where is this duplex located?
The property is located at 1830 Highland Avenue Troy, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Well‑maintained, fully occupied duplex with long‑term tenants; Wood siding exterior with a spacious backyard; Private driveway provides off‑street parking
