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Renovated Duplex with Garage
For Sale
$210,000

551 5th Avenue, Troy, NY 12182

Fully occupied duplex with unit-level laundry hookups and tenant-paid utilities.

Property Size2,266 SF
Price / SF$92.67
Days on Market410

Property Features for 551 5th Avenue

General Information

Standard status Active
Size 2,266 SF
Total Parking Spaces 1
Property subtype Multi Family / Duplex
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,581

Amenities

laundry hookups
Shingle, Asphalt
Window Unit(s), Yes
Baseboard, Electric, Hot Water, Natural Gas, Yes
Partial, Unfinished
True
Vinyl, Ceramic Tile
Brick/Mortar, Combination
Yes
Clapboard, Shingle Siding
Back Yard, Fenced
Main Level, Upper Level
Deck

Building Details

Year Built 1901
Year Renovated 2023
Listing Agency: Rooted Property Group LLC
Listed By: Kyle Wall · License #10401367992
Source: Compass
Added: Jul 18, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:05AM

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 Rooted Property Group LLC

Investment Insights

Based on property information with market context.

This 2,266-square-foot duplex was renovated in 2023 and is currently fully occupied. Each unit includes laundry hookups, while tenants pay their own utilities. Interior updates are complemented by baseboard electric heat, hot water, natural gas, and a combination of vinyl and ceramic tile finishes.

A rear one-car garage provides off-street parking, storage, or flexible use potential and is being sold as-is. The property also includes a fenced backyard and deck. Built in 1901, the duplex is located at 551 5th Avenue in Troy, New York.

Key Highlights

  • 2,266‑square‑foot duplex renovated in 2023
  • Fully occupied with tenant‑paid utilities
  • Laundry hookups provided in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Spa & Massage Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

372
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with unit-level laundry hookups and tenant-paid utilities.
Where is this duplex located?
The property is located at 551 5th Avenue Troy, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 2,266‑square‑foot duplex renovated in 2023; Fully occupied with tenant‑paid utilities; Laundry hookups provided in each unit
More about this property
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