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    Three-Unit Residential Income Property
    Updated: Jul 9
    Three-Unit Residential Income Property

    1453 1st Street, Rensselaer, NY 12144

    $325,000
    2,175 sqft 0.09 AC lot
    3‑unit property in Rensselaer with all units on annual leases
    9 bedrooms and 3 full bathrooms total
    Basement apartment rented for $1,000/month
    Two upper units each rented for $1,400/month (total $3,800 gross monthly rent)
    Tenants pay separate utilities to help keep operating expenses low
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    This listing looks promising.

    Here's a quick look at some key insights for

    1453 1st Street, Rensselaer, NY 12144

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $407K
      Above asking

    • Property Type

      Triplex
      Built 1900
    View Property Analytics
    Three-Unit Residential Income Property
    Updated: Jun 1
    Three-Unit Residential Income Property

    1453 1ST Street, Rensselaer, NY 12144

    $325,000
    2,175 sqft
    3‑unit residential property with all units occupied on annual leases
    9 bedrooms and 3 full bathrooms across the basement and upper units
    Basement apartment rented for $1,000/month
    Two upper units each rented for $1,400/month (total gross rent $3,800/month)
    Tenants pay their own separate utilities
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rensselaer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    118 2ND Street, Albany, NY 12210

    $279,990
    1,760 sqft

    Multifamily building with two occupied apartments and a vacant basement unit for immediate leasing consideration.

    View details
    Three-Family Renovation Opportunity
    Three-Family Renovation Opportunity

    147 Clinton Avenue, Albany, NY 12210

    $110,000
    3,234 sqft

    Three-family property sold as-is and requiring a full gut renovation, with drive-by access only.

    View details
    Albany Brick Multi-Family Property
    Albany Brick Multi-Family Property

    74 Philip Street, Albany, NY 12202

    $285,000
    2,340 sqft 0.04 AC lot

    Well-maintained 3-unit property in Albany's historic Mansion District.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    166 2nd St, Albany, NY 12210

    Contact for pricing

    Three-family building with one basement apartment intentionally vacant and remodeled, plus two occupied upper-floor units.

    View details

    Rensselaer, NY Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Rensselaer, NY on our real estate platform. These investment opportunities span a total of 4,350 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for three-family homes in Rensselaer, NY average $325,000 — 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

    Duplexes 5
    Quadplexes 4
    Triplexes 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +6.7%
    Median Household Income $88,357
    College Educated 54.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    12144 $325K

    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 pricing trends across core commercial property types in Rensselaer County

    Office

    Residential Income

    Property Size Breakdown

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

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