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Duplex with Walk-Up Attic

240 4th Street, Troy, NY 12180

For Sale
$254,500

Two three-bedroom units have separate utilities, with laundry facilities in the basement.

Property SizeContact for details
Days on Market170

Property Features for 240 4th Street

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 2 x 3BR
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Cap Rate 9%
Public Transit Yes

Amenities

basement laundry
walk-up attic
Cable Ready
Hot Water
Space Heater
Natural Gas
Porch, Cable Available, Asphalt

Building Details

Year Built 1910
Listing Agency: KW Platform
Listed By: Heather Hamlin Martin · License NY #10301219767
Source: Kw
Added: May 25 Changed: Nov 5 Last Checked: Nov 8 at 8:40AM

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 KW Platform

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex at 240 4th Street contains two three-bedroom units, each with an updated kitchen. Separate utility services serve the apartments, and basement laundry is available to residents. A walk-up attic provides unfinished additional space. The property was built in 1910 and has one vacant unit; the reported cap rate is 9%.

The building is in Troy’s Little Italy area, near Washington Park and downtown. Local destinations listed nearby include shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail and CDTA transit lines.

Key Highlights

  • Two three‑bedroom units, with one unit currently vacant
  • Reported 9% cap rate
  • Updated kitchens in both apartments

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,758
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Troy, NY

$123 Jul
$109 Aug
$112 Sep
$108 Oct

Properties on Market for Duplexes in Troy

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units have separate utilities, with laundry facilities in the basement.
Where is this duplex located?
The property is located at 240 4th Street Troy, NY.
What is the asking price?
The asking price for this property is $254,500.
What are key features of this property?
This property features: Two three‑bedroom units, with one unit currently vacant; Reported 9% cap rate; Updated kitchens in both apartments
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