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Renovated Duplex in Prime Location

61 14th Street, Troy, NY 12180

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Pending

$349,000

MULTI_FAMILY - Troy, NY

Property size:

2,040 SF

Lot size:

0.06 Acres

HighLights

Side‑by‑side duplex fully gutted and renovated in 2020
Unit mix: one 5‑bedroom with 1.5 baths and one 2‑bedroom with 1 full bath
Rent details: 2‑bedroom unit rented for $1,200/month; potential gross rental income of $4,200/month
Heating includes natural gas with baseboard and hot water (heating)
Public utilities: public water and public sewer
Off‑street parking with a driveway; vinyl siding with rubber and asphalt roofing

We can help!

Contact an agent

Thaddeus Jones

Pending

$349,000

MULTI_FAMILY - Troy, NY

Property size:

2,040 SF

Lot size:

0.06 Acres

Added:: Feb 14, 2026
Days on Market:: 142
Last Refresh:: Jul 6 at 10:06 am

Property Features for 61 14th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 3
Rooms: Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 1
Parking: 8
Parking features: Off Street, Driveway
Basement: Finished, Partial
Standard status: Pending
APN: 381700 101.71-2-11
Size: 2,040 SF
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Annual Amount: 7978

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Baseboard, Hot Water(Heating)
Water source: Public

Building Details

Year built: 1890
Number of units: 2
Building materials: Vinyl Siding
Roof type: Rubber, Asphalt

We can help!

Contact an agent

Thaddeus Jones

Listing agent Thaddeus Jones License #10301220962

Listing office KW Platform 935 New Loudon Rd, Latham, NY

Listing date Feb 14, 2026

MLS# 202612057 Listing URL

HighLights

Side‑by‑side duplex fully gutted and renovated in 2020
Unit mix: one 5‑bedroom with 1.5 baths and one 2‑bedroom with 1 full bath
Rent details: 2‑bedroom unit rented for $1,200/month; potential gross rental income of $4,200/month
Heating includes natural gas with baseboard and hot water (heating)
Public utilities: public water and public sewer
Off‑street parking with a driveway; vinyl siding with rubber and asphalt roofing

Overview

This is a fully renovated side-by-side duplex located in Troy, New York, offering strong rental demand due to its proximity to RPI. The building was completely gutted and renovated in 2020, featuring modern systems and updated finishes. One unit includes 5 bedrooms and 1.5 baths, while the second unit offers 2 bedrooms and 1 full bath. The property has a potential gross rental income of $4,200 per month. The two-bedroom unit is currently rented for $1,200 per month. The five-bedroom unit is vacant. Ample off-street parking is available behind the residence. The property is situated on a lot of 0.06 acres and the building size is 2040 square feet. The property's location provides walkable access to neighborhood amenities and proximity to downtown Troy, dining, and public transit.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$35.5k	$17.40
− Vacancy	−$1.8k	−$0.90
EGI	$33.7k	$16.50
− OpEx	−$10.1k	−$4.95
NOI	$23.6k	$11.55

2,040 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$336.5K

$294.4K – $392.6K (±1% cap)

NOI $23,555 @ 7.0% cap · market cap 6.75%

Second Best

Apartment 5plus

$311.3K

$272.4K – $363.2K (±1% cap)

NOI $21,790 @ 7.0% cap · market cap 6.24%

Theoretical Best

Office A

$636.6K

$557.0K – $742.7K (±1% cap)

NOI $44,560 @ 7.0% cap · market cap 12.77%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Troy
County: Albany
State: New York
Longitude: -73.679837
Latitude: 42.725493

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For sale
Duplexes
NY
Troy
12180
61 14th Street

What type of property is this?

Duplex - Fully renovated duplex with strong rental potential near downtown Troy.

Where is this duplex located?

The property is located at 61 14th Street Troy, NY.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Side‑by‑side duplex fully gutted and renovated in 2020; Unit mix: one 5‑bedroom with 1.5 baths and one 2‑bedroom with 1 full bath; Rent details: 2‑bedroom unit rented for $1,200/month; potential gross rental income of $4,200/month

61 14th Street, Troy, NY 12180

MULTI_FAMILY - Troy, NY

Property Features for 61 14th Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Masonry Assembly and Classroom Facility

Mixed-Use Building with Established Businesses

Troy Car Wash For Sale

Turnkey Restaurant with Takeout

Turnkey Restaurant with Owner Apartment

Meticulously Maintained Apartment Building

Two-Family Home with Updated Units

Furnished Student Rental Duplex

Well-Maintained Triplex with Updates

Self Service Car Wash and Tunnel

Multi-Unit Building with Storefronts

Brick Two-Family with Slate Roof

FAQs