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Troy Multifamily Investment Opportunity
For Sale
$389,900

415 3rd Street, Troy, NY 12180

MULTI_FAMILY - Other - Troy, NY

Property Size3,696 SF
Lot Size0.15 Acres
Price / SF$105.49
Days on Market111

Property Features for 415 3rd Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 9, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 3
Window features Double Pane Windows
Fencing Gate, Fenced
Basement Full, Unfinished, Interior Entry
Lot features Private, Level
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions Congress St bridge, right on 3rd St.
Standard status Active
APN 381700 111.36-8-15
Size 3,696 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 6427

Utilities

Sewer type Public Sewer
Heating system Space Heater, Hot Water(Heating)
Water source Public

Building Details

Year built 1880
Number of units 3
Flooring type Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Peter A Gray · License #10301201491
Added: Apr 28 Changed: Jul 24 Last Checked: Aug 16 at 2:06PM
MLS# 202616024

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 multifamily property in Troy, NY, offers an investment opportunity with a solid building structure. The property generates cash with a current monthly income of $4,100. The third floor presents an opportunity for rent increase. The lot size is 0.15 acres. The property size is 3,696 square feet.

Key Highlights

  • 1880‑built brick property with hardwood flooring throughout
  • Generates $4,100 monthly income (per remarks)
  • Includes 9 bedrooms and 3 bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Cash-generating multifamily property in Troy, NY with rental upside.
Where is this triplex located?
The property is located at 415 3rd Street Troy, NY.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 1880‑built brick property with hardwood flooring throughout; Generates $4,100 monthly income (per remarks); Includes 9 bedrooms and 3 bathrooms
More about this property
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