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Brick Quadplex with Detached Garage

540 2nd Street, Troy, NY 12180

For Sale
$349,900

MultiFamily, Troy, NY

Property Size3,496 SF
Lot Size0.18 Acres
Price / SF$100.09
Days on Market65

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 1, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 1
Parking 5
Parking features Garage, Off Street
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

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, gas

Taxes and HOA fees

Tax Annual Amount 7904

Utilities

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

Amenities

fenced backyard

Building Details

Year built 1890
Number of units 4
Flooring type Carpet, Hardwood, Laminate
Building materials Brick
Roof type Rubber, Flat
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Adam P Nye · License NY #10301219126
Added: Sep 10 Changed: Nov 11 Last Checked: Nov 13 at 4:06AM
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.

Rey
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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

Who owns this building? See the owner, sales and loan history
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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

Average Price Trend$/SF for Quadplexes in Rensselaer County, NY

$127 Jul
$127 Aug
$108 Sep
$96.77 Oct

Properties on Market for Quadplexes in Rensselaer County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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
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