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    Rensselaer County, NY Multifamily Properties for Sale

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    12-Unit Apartment Building
    Updated: Sep 24
    12-Unit Apartment Building

    462-470 2nd Avenue, Troy, NY 12182

    $2,400,000
    7,885 sqft 0.42 AC lot
    12 apartment units across 7,885 square feet
    0.42‑acre parcel; buildings constructed in 1890
    Reported current cap rate of 7%
    Exposed brick, woodwork, vaulted and cathedral ceilings
    Garden areas and open space
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    Triplex with Heated Garage
    Updated: Oct 16
    Triplex with Heated Garage

    23 Flower Road, Troy, NY 12180

    $975,000
    5,402 sqft 4.14 AC lot
    Three‑unit property with a main residence and two two‑bedroom apartments
    5,402 square feet on 4.14 acres
    Detached heated garage measures 50' x 32' and includes two 12' x 14' overhead doors and a half bath
    Two apartments are approximately 800 square feet each, with a private driveway and parking
    Main residence includes a first‑floor primary suite and three additional bedrooms
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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    14 Chatham Street, Nassau, NY 12123

    $999,900
    6,558 sqft 1.00 AC lot

    Four buildings include a mix of up-and-down and side-by-side duplex layouts, with recent exterior and interior upgrades.

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    Multi-Building Duplex Property
    Multi-Building Duplex Property

    14 Chatham St, Nassau, NY 12123

    $999,900
    6,558 sqft

    Four buildings combine stacked and side-by-side layouts, with recent exterior work and interior updates across most units.

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    Four-Building Duplex Property
    Four-Building Duplex Property

    14 Chatham Street, Nassau, NY 12123

    $999,900
    6,558 sqft 1.00 AC lot

    Village-approved plans provide for two additional apartments in the garage, subject to the applicable approvals.

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    Mixed-Use Building with Four Apartments
    Mixed-Use Building with Four Apartments

    40 River Street, Troy, NY 12180

    $824,900
    5,029 sqft 0.22 AC lot

    Brick construction combines leased residences with a first-floor restaurant.

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    Eight-Unit Mixed-Use Property
    Eight-Unit Mixed-Use Property

    94-98 S Main Street, Castleton On Hudson, NY 12033

    $665,000
    7,500 sqft 0.07 AC lot

    Brick building combining commercial suites and apartments with separate tenant utilities and Hudson River views.

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    Mixed-Use Building
    Mixed-Use Building

    1809 5TH Avenue, Troy, NY 12180

    $750,000
    4,752 sqft

    The property combines leased residential units with restaurant and salon space in a multi-level building.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    2209 16th Street, Troy, NY 12180

    $675,000
    3,384 sqft 0.22 AC lot

    Commercially zoned property with renovated apartments, a newer roof, and public utilities.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2 Sunset Road, North Greenbush, NY 12144

    $525,000
    2,304 sqft 0.17 AC lot

    Two occupied apartments sit above a separate-address commercial space, with business use subject to municipal approval.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    462-470 2ND Avenue, Troy, NY 12182

    $2,400,000
    7,885 sqft

    The property combines detailed interior finishes with garden and open-space areas around the buildings.

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    29-Unit Renovated Apartment Building
    29-Unit Renovated Apartment Building

    2920 5th Avenue, Troy, NY 12180

    $4,149,000
    26,000 sqft 0.60 AC lot

    Converted school building with high ceilings, in-building laundry, and parking in Northern Troy.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    194 3rd Street, Troy, NY 12180

    $699,900
    3,693 sqft 0.08 AC lot

    Brick multifamily property with updated apartments, a shared rear yard, and garage access from Church Street.

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    Four-Unit Quadplex with New Roof
    Four-Unit Quadplex with New Roof

    168 3rd Street, Troy, NY 12180

    $719,999
    5,234 sqft

    Large residential layouts include hardwood and tile finishes, plus convenient laundry facilities on each floor.

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    Duplex with Two Three-Bedroom Flats
    Duplex with Two Three-Bedroom Flats

    5 Lansing Avenue, Troy, NY 12180

    $314,900
    3,300 sqft 0.13 AC lot

    Each residence includes a full bath, built-in cabinetry, and separate living and dining areas.

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    Duplex with Full Basement
    Duplex with Full Basement

    727 Burden Avenue, Troy, NY 12180

    $185,000
    3,008 sqft 0.10 AC lot

    Two occupied units feature separate utility services and flexible interior layouts.

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    Mixed-Use 8-Unit Income Property
    Mixed-Use 8-Unit Income Property

    94-98 S Main Street, Castleton, NY 12033

    $695,000
    7,500 sqft

    Eight-unit property with three commercial storefronts and five apartments, supported by separate utilities.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    2209 16th Street, Troy, NY 12180

    $675,000
    3,384 sqft

    Renovated apartments on a double lot across from Beman Park, with public water and proximity to downtown Troy.

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    Downtown Mixed-Use Brick Building
    Downtown Mixed-Use Brick Building

    40 River Street, Troy, NY 12180

    $824,900
    5,029 sqft

    Four leased apartments accompany an established first-floor restaurant with separate utilities and off-street parking.

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    Brick Quadplex with Garage
    Brick Quadplex with Garage

    540 2nd St, Troy, NY 12180

    $349,900
    3,496 sqft 0.18 AC lot

    Four apartment units offer separate utilities, varied bedroom layouts, and tenant-paid electric, gas, heat, and hot water.

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    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    150 4th Street, Troy, NY 12180

    $2,200,000
    9,142 sqft

    Fourteen one-bedroom apartments and two leased storefronts combine residential and commercial uses in a downtown Troy property.

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    Brick 7-Unit Apartment Building
    Brick 7-Unit Apartment Building

    194 3rd Street, Troy, NY 12180

    $699,900
    3,693 sqft 0.08 AC lot

    Fully rented multifamily property with updated apartments, shared outdoor space, and a garage accessed from Church St.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    128 6th Ave, Troy, NY 12180

    $309,000
    2,540 sqft

    A two-level layout includes one vacant apartment and a separate upper-floor residence expected to become available October 1, 2026.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    601-603 2nd Avenue, Troy, NY 12182

    $399,000
    5,145 sqft 0.09 AC lot

    Four residential units sit above two commercial storefronts in a brick building requiring renovation.

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    Rensselaer County, NY Multifamily Properties Market Trends and Statistics

    Explore 202 multifamily properties for sale in Rensselaer County, NY, showcased through 202 active listings on our real estate platform. These investment opportunities span a total of 639,683 square feet of properties for sale, with an estimated market value of $81,156,995.

    Sale prices for multifamily properties in Rensselaer County, NY start at $63,000, averaging $403,766, and reaching up to $4,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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