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Three-Building Apartment Portfolio
For Sale
$1,547,000

38 Tyler Street, Troy, NY 12180

MULTI_FAMILY - Other - Troy, NY

Property Size16,761 SF
Lot Size0.50 Acres
Price / SF$92.30
Days on Market128

Property Features for 38 Tyler Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 44
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 5, Bedroom 41, Bathroom 4, Bedroom 37, Bathroom 11, Bedroom 20, Bedroom 6, Bathroom 8, Bedroom 40, Bedroom 3, Bathroom 16, Bathroom 12, Bathroom 1, Bedroom 22, Bedroom 31, Bedroom 34, Bedroom 43, Bedroom 19, Bedroom 8, Bedroom 25, Bathroom 17, Bedroom 36, Bedroom 12, Bedroom 24, Bathroom 3, Bedroom 2, Bedroom 28, Bedroom 26, Bedroom 10, Bathroom 7, Bedroom 30, Bedroom 17, Bedroom 16, Bedroom 27, Bathroom 13, Bedroom 23, Bedroom 44, Bedroom 4, Bedroom 14, Bedroom 11, Bedroom 38, Bedroom 39, Bedroom 9, Bathroom 9, Bedroom 13, Bathroom 2, Bedroom 7, Bedroom 18, Bedroom 29, Bedroom 21, Bathroom 15, Bathroom 14, Bedroom 33, Bedroom 5, Bedroom 42, Bedroom 32, Bedroom 15, Bedroom 35, Bathroom 6, Bedroom 1, Bathroom 10
Parking 13
Basement Exterior Entry, Unfinished
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions GPS
Standard status Active
APN 381700 111.52-9-2
Size 16,761 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 30916

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Forced Air, Hot Water(Heating)
Water source Public

Amenities

shared parking area
on-site laundry

Building Details

Year built 1910
Number of units 17
Flooring type Vinyl, Laminate
Building materials Block, Brick, Vinyl Siding
Roof type Rubber
Architectural style Other
Listing Agency: Principles 2019 LLC
Listed By: Jerid Meagan · License #10491209223
Added: Apr 9 Changed: Aug 4 Last Checked: Aug 14 at 7:06AM
MLS# 202614769

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.

Investment Insights

Based on property information with market context.

This 17-unit multifamily portfolio in Troy includes three buildings and a separate vacant parcel totaling 0.5 acres. The residential improvements provide 16,761 square feet, with a mix of eleven 3-bedroom units, five 2-bedroom units, and one 1-bedroom unit. Approximately 75% of the units have been updated over the past 2.5 years. Five units are vacant; three are rent-ready, while two are undergoing turnover work.

Utilities are separately metered, and the buildings on 4th St also have individually metered water and sewer. The property includes shared parking and on-site laundry. Public water and public sewer serve the portfolio. The vacant parcel carries MU-1 zoning, with future development subject to buyer verification. The buildings date to 1910 and feature block, brick, and vinyl siding construction.

Key Highlights

  • 17‑unit portfolio with three buildings and a separate vacant parcel
  • 0.5‑acre parcel with 16,761 square feet of improvements
  • Unit mix includes eleven 3‑bedroom, five 2‑bedroom, and one 1‑bedroom unit

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center

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

17
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

229
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily offering includes a development parcel, tenant laundry, shared parking, and separately metered utilities.
Where is this apartment building located?
The property is located at 38 Tyler Street Troy, NY.
What is the asking price?
The asking price for this property is $1,547,000.
What are key features of this property?
This property features: 17‑unit portfolio with three buildings and a separate vacant parcel; 0.5‑acre parcel with 16,761 square feet of improvements; Unit mix includes eleven 3‑bedroom, five 2‑bedroom, and one 1‑bedroom unit
More about this property
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