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Six-Unit Apartment Building
For Sale
$505,000

796-798 River Street, Troy, NY 12180

Six-unit multifamily property with 11 bedrooms and 6 full bathrooms, conveniently located near Troy amenities and major highways.

Property Size4,520 SF
Price / SF$111.73
Days on Market15

Property Features for 796-798 River Street

General Information

Standard status Active
Size 4,520 SF
Property subtype Multi-family

Additional Details

Public Transit Yes
Multifamily Units 6

Building Details

Year Built 1918
Listing Agency: Saratoga Spa Realty
Listed By: Erin Roth
Source: Signatureonerealtygroup
Added: Jul 27 Changed: Aug 10 Last Checked: Aug 10 at 3:56AM

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 Saratoga Spa Realty

Investment Insights

Based on property information with market context.

This six-unit apartment building provides a practical residential income setup with 11 bedrooms and 6 full bathrooms across the property. At 4,520 SF, it offers an investment-oriented configuration for tenants seeking distinct bedroom counts and full-bath convenience.

The property at 796-798 River Street is described as being conveniently located near downtown Troy, RPI, shopping and dining, public transportation, and major highways. That combination can support tenant demand by balancing daily convenience with commuting access.

Built in 1918, the building presents an opportunity for buyers looking to add a multifamily asset to their portfolio and evaluate the property’s current and future rental performance based on the unit mix and location attributes described here.

Key Highlights

  • Six units totaling 11 bedrooms
  • Six full bathrooms
  • 4,520 SF building size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Law Firm Dental Office

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

603
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

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?
Apartment building - Six-unit multifamily property with 11 bedrooms and 6 full bathrooms, conveniently located near Troy amenities and major highways.
Where is this apartment building located?
The property is located at 796-798 River Street Troy, NY.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Six units totaling 11 bedrooms; Six full bathrooms; 4,520 SF building size
More about this property
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