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Three-Unit Multifamily Property
For Sale
$372,000

308 4th Street, Troy, NY 12180

Separate utilities support straightforward expense allocation across the building.

Property Size3,400 SF
Price / SF$109.41
Days on Market90

Property Features for 308 4th Street

General Information

Standard status Active
Size 3,400 SF
Property subtype Multi-Family
Zoning Multi Residence

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,750

Building Details

Year Built 1935
Listing Agency: Lincoln House Realty
Listed By: Cristhian Astorga
Source: Capmarkrealty
Added: Jun 3 Changed: Aug 29 Last Checked: Aug 30 at 1:37PM

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 Lincoln House Realty

Investment Insights

Based on property information with market context.

This three-unit multifamily property contains 3,400 square feet and was built in 1935. Each unit has a practical layout, while separate utilities provide distinct metering for the residences and simplify expense allocation. The configuration can accommodate either an investment strategy or owner-occupancy with rental units in the same building.

The property is located a few blocks from downtown Troy, with restaurants, shops, a farmers market, and entertainment nearby. DeFazio's Pizzeria is also located around the corner, and major roadways provide commuting access. The building is included in a 14-unit investment portfolio consisting of properties within close walking distance, creating a concentrated ownership opportunity.

Key Highlights

  • Three‑unit multifamily property with 3,400 square feet
  • Separate utilities for each unit
  • Built in 1935

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Travel Agency Electrical Service Cosmetic Store Butcher

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,107
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
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Frequently Asked Questions

What type of property is this?
Triplex - Separate utilities support straightforward expense allocation across the building.
Where is this triplex located?
The property is located at 308 4th Street Troy, NY.
What is the asking price?
The asking price for this property is $372,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 3,400 square feet; Separate utilities for each unit; Built in 1935
More about this property
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