Troy, NY 12180 · Rensselaer County

This 1890 duplex in Troy comprises two rental units generating over $38,400 annually. The first floor holds four bedrooms, two living rooms, a kitchen, and full bath; the second unit spans two floors with three bedrooms, five living rooms, a kitchen, and full bath. Both units have separate utilities, with the landlord covering water and trash. The first-floor tenant has a five-year lease in place, and partial renovations were completed on the second floor two years ago. The property sits on 0.08 acres in the Troy school district, a historic Hudson River city known for its 19th-century collar manufacturing and home to Rensselaer Polytechnic Institute.
Excellent investment opportunity in Troy, NY! This fully occupied two-unit property consist of 1st floor 4 bd. apt.2 living rooms, eat in kitchen, and full bathroom.2nd unit consist of 2floors.{second floor and 3rd floor)Which has 3 bedrooms, 5 liv rooms,eat in kit.,and full bathroom.Both units generate over $38,400 anually.2nd floor was partially renovated 2 years ago.All units sep. utilities. 1st floor tenant has occupied unit for 5 yrs plus.@ Landlord responsible for water and trash bills.This iis and excellent opp. for and investor whom is looking to extend There portfolio. Investors who are int. in more than 1 property may combine this deal with others that are offered by the same seller a:, Troy, NY 12180, 19 Defreest Avenue, Troy, NY 12180, 3357 6th Avenue, Troy, NY 12180, 3365 6th Avenue, Troy, NY 12180, 375 8th Street, Troy, NY 12180
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Troy is in Rensselaer County, NY. There are currently 130 active listings here, ranging from $29,000 to $4,250,000. Listings in this address fall under the Troy school district. Priced 20% below the Troy median of $287,450.
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Realty One Group Key · Listed by Keith A Wells (8876)
Contact: 518-470-0422
MLS #202622561 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
Public assessment record for the Troy roll · Lansingburgh school district · Two Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $84,000 | $143,800 | +11.3% |
| 2024 | $84,000 | $129,200 | +7.7% |
| 2023 | $84,000 | $120,000 | +8.6% |
| 2022 | $84,000 | $110,526 | +29.7% |
| 2021 | $72,000 | $85,207 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Real numbers from current MLS data. Not a third-party estimate.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-08. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.