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Two-Family Duplex Rehabilitation Property
For Sale
$50,000

393 4th Ave, Troy, NY 12182

Full-scale rehabilitation project with current allowable use for a two-family residence.

Property Size1,620 SF
Price / SF$30.86
Days on Market46

Property Features for 393 4th Ave

General Information

Standard status Active
Size 1,620 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence Full gut/rehab

Additional Details

Multifamily Units 2

Building Details

Year Built 1891
Listing Agency: Howard Hanna Capital Inc
Listed By: Michael Field · License #10491203035
Source: Fieldrealty
Added: Jul 15 Changed: Aug 28 Last Checked: Aug 28 at 1:00PM

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 Howard Hanna Capital Inc

Investment Insights

Based on property information with market context.

This 1,620-square-foot duplex in Troy was built in 1891 and is positioned for a comprehensive rehabilitation. The property’s current allowable use is for a two-family residence, providing a defined residential configuration for the project.

The parcel is located at 393 4th Ave and includes a lot on a quiet street. The property is offered for cash purchase only.

Key Highlights

  • 1,620‑square‑foot duplex built in 1891
  • Current allowable use for a two‑family residence
  • Requires full gut rehabilitation

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Spa & Massage Center Bakery

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

395
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

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 - Full-scale rehabilitation project with current allowable use for a two-family residence.
Where is this duplex located?
The property is located at 393 4th Ave Troy, NY.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 1,620‑square‑foot duplex built in 1891; Current allowable use for a two‑family residence; Requires full gut rehabilitation
More about this property
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