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    Rensselaer County, NY Residential Income 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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    Eight-Unit Multifamily Property
    Updated: Sep 29
    Eight-Unit Multifamily Property

    14 Chatham Street, Nassau, NY 12123

    $999,900
    6,558 sqft 1.00 AC lot
    Eight rented units in four buildings on a 1‑acre lot
    6,558 square feet; two up‑and‑down duplexes and two side‑by‑side duplexes
    Six units updated; new siding, new or recoated roofs, and four new electric services
    Village‑approved garage conversion plans and permits for two two‑bedroom apartments; county‑approved septic plans
    Additional septic plans for a possible basement two‑bedroom apartment, subject to town approval
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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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    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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    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    3227-3229 7th Avenue, Troy, NY 12180

    $710,500
    6,864 sqft 0.12 AC lot

    Three-story residential income property with six units and public water and sewer service.

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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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    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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    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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    Updated Duplex with Off-Street Parking
    Updated Duplex with Off-Street Parking

    5 Lansing Avenue, Troy, NY 12180

    $314,900
    3,300 sqft 0.13 AC lot

    Two matching flats combine residential income potential with porches, private outdoor space, basement laundry, and dedicated parking.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    34 Francis Street, Troy, NY 12180

    $309,900
    1,848 sqft 0.20 AC lot

    Remodeled duplex with new kitchens, updated bathrooms, and vacancy at closing.

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    Duplex with Coin-Operated Laundry
    Duplex with Coin-Operated Laundry

    2166 14TH Street, Troy, NY 12180

    $650,000
    4,692 sqft

    Brick construction, 12 bedrooms and four full baths define this multi-residence property.

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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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    Student Housing Multifamily Property
    Student Housing Multifamily Property

    277 Congress St, Troy, NY 12180

    $999,000
    3,650 sqft

    Furnished multifamily residence with updated outdoor areas and proximity to RPI, Prospect Park, and downtown Troy.

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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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    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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    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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    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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    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    3227-3229 7TH Avenue, Troy, NY 12180

    $710,500
    6,864 sqft

    Three-story multifamily property with MU1 zoning and established brick construction.

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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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    Duplex with Flexible Basement Space
    Duplex with Flexible Basement Space

    727 Burden Ave, Troy, NY 12180

    $185,000
    3,008 sqft

    Two-family property with separate utilities, occupied units, and adaptable lower-level areas for storage or workspace.

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    Duplex With Off-Street Parking
    Duplex With Off-Street Parking

    413 3rd Street, Troy, NY 12180

    $225,000
    2,270 sqft 0.07 AC lot

    Both residences are vacant, with washer and dryer equipment and outdoor garden space on the property.

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    Rensselaer County, NY Residential Income Properties Market Trends and Statistics

    Explore 210 residential income properties for sale in Rensselaer County, NY, showcased through 210 active listings on our real estate platform. These investment opportunities span a total of 690,519 square feet of properties for sale, with an estimated market value of $89,913,294.

    Sale prices for residential income properties in Rensselaer County, NY start at $50,000, averaging $430,207, and reaching up to $4,250,000 — 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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