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    Troy, NY Residential Income Properties for Sale

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    Watervliet, NY Albany, NY Cohoes, NY Wynantskill, NY Latham, NY Waterford, NY Rensselaer, NY Averill Park, NY
    164 properties
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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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    Mixed-Use Building with Four Apartments
    Updated: Aug 6
    Mixed-Use Building with Four Apartments

    40 River Street, Troy, NY 12180

    $824,900
    5,029 sqft 0.22 AC lot
    Four residential units: two 1BR/1BA, one 2BR/1BA, and one 2BR/2BA
    All residential units are leased
    5,029 SF mixed‑use building on 0.22 acres
    First‑floor retail restaurant included
    Brick building constructed in 1910
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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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    See hot listings in Troy

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 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 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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    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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    Historic Triplex with Architectural Plans
    Historic Triplex with Architectural Plans

    3 St Pauls Place, Troy, NY 12180

    $219,900
    2,124 sqft

    Recent work includes electrical updates, framing, interior demolition, and replacement of the sewer line to the street.

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    Renovated Brick Duplex
    Renovated Brick Duplex

    6 St Marys Avenue, Troy, NY 12180

    $279,900
    1,980 sqft 0.04 AC lot

    Two residential units with updated systems, flexible bedroom layouts, and public utilities in a walkable Troy setting.

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    Two-Unit Duplex
    Two-Unit Duplex

    5 Lansing Avenue, Troy, NY 12180

    $314,900
    3,300 sqft

    Each residence has three bedrooms and one bath, with basement laundry and storage serving the property.

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    Duplex with Fenced Yard
    Duplex with Fenced Yard

    80 Hudson Avenue, Green Island, NY 12183

    $294,000
    2,664 sqft 0.08 AC lot

    Two residential units offer distinct layouts, laundry features, and access to outdoor space.

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    Troy, NY Residential Income Properties Market Trends and Statistics

    Explore 164 residential income properties for sale in Troy, NY, showcased through 164 active listings on our real estate platform. These investment opportunities span a total of 556,557 square feet of properties for sale, with an estimated market value of $72,177,194.

    Sale prices for residential income properties in Troy, NY start at $79,900, averaging $442,804, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 162
    Duplexes 95
    Triplexes 29
    Apartment buildings 21
    Quadplexes 7

    Demographics Overview

    Population 71K
    Population Growth (5Y) +3.8%
    Median Household Income $69,798
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Troy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12182 $442.9K
    12180 $447.3K

    Listings Trend

    New vs delisted commercial listings in Rensselaer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Rensselaer County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Troy fall within the 100,000+ square foot range.

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