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Brick Quadplex with Garage
For Sale
$349,900

540 2nd St, Troy, NY 12180

Residential Income, Troy, NY

Property Size3,496 SF
Lot Size0.18 Acres
Price / SF$100.09
Days on Market11

Property Features for 540 2nd St

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4
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High school district TROY CITY SCHOOL DISTRICT
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

Heating system Hot Water(Heating), Electric (Heating), Forced Air, Natural Gas
Water source Public

Amenities

fully fenced back yard
extra wide side yard
laundry hookups

Building Details

Year built 1890
Flooring type Laminate, Hardwood, Carpet
Roof type Flat
Listing Agency: KW PLATFORM · Keller Williams Realty
Listed By: Adam Nye · License #10301219126
Added: Sep 17 Changed: Sep 26 Last Checked: Sep 27 at 12:06PM
MLS# 11985264

Copyright © 2026 My State MLS. 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 St in Troy, this 3,496-square-foot brick apartment property contains four units with a combination of one- and two-bedroom floor plans. The building dates to 1890 and has hardwood, laminate, and carpet flooring. Most apartments include laundry hookups, while heating equipment includes natural gas, hot water, electric, and forced air systems. Public water serves the property.

Roof improvements completed in 2025 include a flat roof and a shingle roof. Separate utilities are in place, with tenants paying electric, gas, heat, and hot water. A detached garage provides additional enclosed space, and the site includes four off-street parking spaces. The 0.18-acre parcel also features a fully fenced rear yard and an extra-wide side yard.

Key Highlights

  • 3,496‑square‑foot brick apartment building on a 0.18‑acre parcel
  • Four‑unit configuration with a mix of one- and two‑bedroom apartments
  • 2025 flat roof and shingle roof improvements

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
Yes
Utilities to site

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartment units offer separate utilities, varied bedroom layouts, and tenant-paid electric, gas, heat, and hot water.
Where is this quadplex located?
The property is located at 540 2nd St 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: 3,496‑square‑foot brick apartment building on a 0.18‑acre parcel; Four‑unit configuration with a mix of one- and two‑bedroom apartments; 2025 flat roof and shingle roof improvements
More about this property
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