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Two-Unit Duplex with Garage

298 3rd Avenue, Troy, NY 12182

For Sale
$229,000
Pending

MultiFamily, Troy, NY

Property Size2,760 SF
Lot Size0.16 Acres
Days on Market51

Property Features for 298 3rd Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 1
Parking 6
Parking features Garage
Patio and Porch features Porch
Basement Full, Unfinished
Lot features Private, Level
Elementary school district Lansingburgh
Middle school district Lansingburgh
High school district Lansingburgh
Directions From I-787 N, take Exit 8 toward 23rd St/Watervliet/Green Island. Cross the Green Island Bridge into Troy, continue north through Lansingburgh, then turn onto 3rd Ave. Property is at 298 3rd Ave, between 108th St and 109th St.
Standard status Pending
APN 381700 90.23-5-13
Size 2,760 SF
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 3288

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

in-basement laundry
in-unit laundry

Building Details

Year built 1890
Number of units 2
Flooring type Carpet, Hardwood
Building materials Shingle Siding
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: Venture Fox Realty Group LLC
Listed By: Aaron Siegel · License #10401398047
Added: Sep 17 Changed: Oct 31 Last Checked: Nov 6 at 8:06PM
MLS# 202626391

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,760-square-foot duplex contains two residences with separate front and rear entrances. The first-floor unit has three bedrooms, one bathroom, basement laundry, and will be delivered vacant. The second-floor unit includes two bedrooms, one bathroom, in-unit laundry, and a lease in place through May 2027. A detached garage and driveway provide off-street parking and additional storage. The property was built in 1890 and features hardwood and carpet flooring, forced-air heating, shingle siding, and a porch.

Located at 298 3rd Avenue in Troy’s Lansingburgh area, the property is near Downtown Troy, RPI, the Hudson River waterfront, restaurants, shops, entertainment, and the Troy Waterfront Farmers Market. Public water and public sewer serve the property.

Key Highlights

  • 2,760‑square‑foot duplex on a 0.16‑acre lot
  • First‑floor unit with 3 bedrooms, 1 bathroom, basement laundry, and vacant delivery
  • Second‑floor unit with 2 bedrooms, 1 bathroom, in‑unit laundry, and lease through May 2027

Property Analytics

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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
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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 separate residences offer distinct entrances, laundry, and off-street parking.
Where is this duplex located?
The property is located at 298 3rd Avenue 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 on a 0.16‑acre lot; First‑floor unit with 3 bedrooms, 1 bathroom, basement laundry, and vacant delivery; Second‑floor unit with 2 bedrooms, 1 bathroom, in‑unit laundry, and lease through May 2027
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