Troy, NY 12180 · Rensselaer County

Built in 1890 and renovated in 2020, this side-by-side duplex at 2215 5th Avenue comprises a four-bedroom, two-bath primary residence with soaring ceilings, multiple living areas, and in-unit laundry, plus a one-bedroom, one-bath tenant-occupied unit generating current rental income. The main home includes a first-floor bedroom and bath, a partial basement, and an attic fan, while solar panels and forced-air heating support long-term utility savings. Situated blocks from downtown Troy's restaurants, shops, farmers market, and cultural events, the property sits in the Troy Central school district and offers both owner-occupancy flexibility and investment potential without HOA fees.
Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings, multiple living and lounge areas, and an in-unit washer and dryer. A first-floor bedroom and full bath make it ideal for multigenerational living, guests, or anyone seeking the convenience of first-floor living. The flexible layout also provides space for a home office or future rental opportunities. The adjoining 1-bedroom, 1-bathroom unit is tenant-occupied, offering immediate rental income to help offset ownership expenses. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property offers exceptional versatility. The side-by-side design creates a level of privacy rarely found in traditional multi-family homes. Modern updates, expansive bedrooms, and owned solar panels add long-term value while helping reduce utility costs. Located just blocks from Troy's exciting new developments and revitalization projects, you'll also enjoy walking distance to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the renowned Troy Waterfront Farmers Market, and year-round events. With one unit already generating income and the larger residence offering multiple living options, this property is well-positioned for potential strong rental demand and long-term appreciation. A rare opportunity to own a move-in-ready multi-family in one of Troy's most walkable and rapidly growing neighborhoods.
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Troy is in Rensselaer County, NY. There are currently 120 active listings here, ranging from $29,000 to $4,250,000. Listings in this address fall under the Troy school district. Priced 26% above the Troy median of $299,900.
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Four Seasons Sothebys International Realty · Listed by Daniella Browne (39165)
Contact: 347-435-6058
MLS #202621543 · Source: Global MLS, Inc.
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Activity across 4 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.