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Brick Quadplex with Detached Garage
For Sale
$349,900

540 2nd Street, Troy, NY 12180

MultiFamily, Troy, NY

Property Size3,496 SF
Lot Size0.18 Acres
Price / SF$100.09
Days on Market18

Property Features for 540 2nd Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Parking 5
Parking features Off Street, Garage
Window features Double Pane Windows
Patio and Porch features Porch
Interior features Built-in Features
Exterior features Garden
Fencing Chain Link
Basement Exterior Entry
Lot features Level
View City
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions From South Troy heading north toward 4th St, veer left onto 1st St. Veer right onto 2nd St. House quickly on right.
Standard status Active
APN 381700 111.52-8-27
Size 3,496 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 7904

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Hot Water(Heating), Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

fenced yard
laundry hookups

Building Details

Year built 1890
Number of units 4
Flooring type Laminate, Hardwood, Carpet
Building materials Brick
Roof type Flat, Rubber
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Adam P Nye · License #10301219126
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 27 at 12:06PM
MLS# 202625859

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.

Located at 540 2nd Street in Troy, this 3,496-square-foot brick quadplex contains four apartments with a mix of one- and two-bedroom layouts. The building dates to 1890 and includes carpet, laminate, and hardwood flooring, built-in features, window-unit cooling, and laundry hookups in most units.

A new flat roof and shingle roof were installed in 2025. Separate utilities serve the apartments, with tenants paying electric, gas, heat, and hot water. The property includes a detached garage, four off-street parking spaces, a fully fenced backyard, an extra-wide side yard, and a porch. Public water and public sewer are in place on the 0.18-acre parcel.

Key Highlights

  • Four‑unit brick apartment building with a mix of one- and two‑bedroom units
  • 3,496 square feet on a 0.18‑acre parcel
  • New flat roof and shingle roof installed in 2025

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon Electrical Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

275
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Brick multifamily property with separate utilities, a detached garage, and off-street parking.
Where is this quadplex located?
The property is located at 540 2nd Street Troy, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four‑unit brick apartment building with a mix of one- and two‑bedroom units; 3,496 square feet on a 0.18‑acre parcel; New flat roof and shingle roof installed in 2025
More about this property
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