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Duplex with Detached Garage
New
For Sale
$229,000

298 3rd Ave, Troy, NY 12182

Two-unit property with separate entrances, private laundry, driveway parking, and one unit leased through May 2027.

Property Size2,760 SF
Price / SF$82.97
Days on Market5

Property Features for 298 3rd Ave

General Information

Standard status Active
Size 2,760 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

in-basement laundry
in-unit laundry
off-street parking
storage
detached garage
driveway
separate front and rear entrances

Building Details

Year Built 1890
Listing Agency: Nicole Mclenithan Real Estate
Listed By: Clancy Real Estate, Inc
Source: Clancyrealestate
Added: Sep 19 Changed: Sep 21 Last Checked: Sep 22 at 4:54PM

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 Nicole Mclenithan Real Estate

Investment Insights

Based on property information with market context.

This 2,760-square-foot duplex, built in 1890, includes two separate residential units. The first-floor apartment has 3 bedrooms, 1 bath, basement laundry, and vacant delivery. The second-floor unit offers 2 bedrooms, 1 bath, in-unit laundry, and a lease at market rent through May 2027. Separate front and rear entrances serve each residence.

Exterior features include a detached garage and driveway providing off-street parking and storage. The property is located at 298 3rd Avenue in Troy's Lansingburgh area, with access to Downtown Troy, RPI, the Hudson River waterfront, restaurants, shops, entertainment, and the Troy Waterfront Farmers Market.

Key Highlights

  • 2,760‑square‑foot duplex built in 1890
  • First‑floor unit has 3 bedrooms, 1 bath, basement laundry, and vacant delivery
  • Second‑floor unit includes 2 bedrooms, 1 bath, in‑unit laundry, and a lease through May 2027

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Bakery (Bike/Boat/Book/etc) Store 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

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 12182, NY

14,657
Population
7,314
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$54,663
Median Household Income
$47,077
Median Earnings
$1,012
Median Rent
$195,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-unit property with separate entrances, private laundry, driveway parking, and one unit leased through May 2027.
Where is this duplex located?
The property is located at 298 3rd Ave Troy, NY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 2,760‑square‑foot duplex built in 1890; First‑floor unit has 3 bedrooms, 1 bath, basement laundry, and vacant delivery; Second‑floor unit includes 2 bedrooms, 1 bath, in‑unit laundry, and a lease through May 2027
More about this property
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