Troy, NY 12182 · Rensselaer County

This 1890 duplex in Troy's Lansingburgh neighborhood offers two rental units totaling five bedrooms and two bathrooms across 2,760 square feet. The first-floor unit has three bedrooms and one bath with basement laundry, delivered vacant. The second-floor unit contains two bedrooms, one bath, and in-unit laundry, with a tenant lease running through May 2027. Both units have separate entrances, and a detached two-car garage provides off-street parking and storage. The property sits minutes from Downtown Troy, Rensselaer Polytechnic Institute, the Hudson River waterfront, dining, shopping, and the Troy Waterfront Farmers Market, within the Lansingburgh Central school district.
Two units, a detached garage, and options from day one! Set on a quiet street in Lansingburgh, 298 3rd Ave offers the perfect blend of comfortable living and income potential. The first-floor unit features 3 generously-sized bedrooms, 1 bath, in-basement laundry and will be delivered vacant, The second floor offers 2 bedrooms, 1 bath, in-unit laundry and a lease in place at market rent through May 2027. Both units have separate front and rear entrances, giving each space added privacy and convenience. The detached garage and driveway add valuable OFF STREET parking and storage, while the location keeps you close to Downtown Troy, RPI, the Hudson River waterfront, restaurants, shops, entertainment and the Troy Waterfront Farmers Market. Live in one and offset your mortgage, keep it as a full investment, or make it work for your own plans. A versatile Troy two-family in a neighborhood setting with the city just minutes away!
The price signals we can read on this listing today. For a true sense of value against recent Troy sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the comps32 facts pulled straight from the MLS listing.
The price signals we can read on this listing today. For a true sense of value against recent Troy sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Rensselaer County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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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 134 active listings here, ranging from $20,000 to $4,250,000. Listings in this address fall under the Lansingburgh school district. Priced 24% below the Troy median of $300,000.
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Venture Fox Realty Group LLC · Listed by Aaron Siegel (38700)
Contact: 518-567-2319
MLS #202626391 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.





Activity across 3 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 | $80,000 | $137,000 | +11.3% |
| 2024 | $80,000 | $123,100 | +7.7% |
| 2023 | $80,000 | $114,300 | +8.6% |
| 2022 | $80,000 | $105,263 | +11.2% |
| 2021 | $80,000 | $94,675 |
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.
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 2026-09-17. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.