308 3rd Street Troy, NY ^$ 449,900

308 3rd Street

^$ 449,900

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308 3rd Street

Troy, NY, 12180

^$ 449,900

Bedrooms12 Baths4.0 Sq 4,854

Monthly Estimate*

^$ 2,807

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Multi-Family Home for sale in Troy, NY

for $449,900 with 12 bedrooms and 4 full baths. This 4,854 square foot home was built in 1920 on a lot size of 0.07.

Charming 4-unit brick home in the heart of downtown Troy! Prime location with excellent income potential. Three units have been newly renovated, offering modern updates while preserving the original character. Features include beautiful hardwood floors, grand staircase, and more. Tons of opportunity to maximize value and rental income with a cap rate of 8%. Off-street parking adds convenience for tenants. Whether you're an investor or owner-occupant, this property is a rare find with both charm and potential in a thriving area. Don't miss out!

Multi-Family Pending

Price

^$ 449,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,146

Style

Traditional

Lot Size

0.07

Year Built

1920

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202524122

Features

Interior

Interior Amenities Built-in Features

Basement Full Unfinished

Flooring Tile Hardwood Laminate

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 4854.0

Half Baths 0

Total Bedrooms 12

Below Grade Finished Area 0.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source CRS

Total Baths 4

General

Sewer Public Sewer

Heating Electric

Cooling None

Possession At Closing

Roof Rubber

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Brick

Year Built 1920

Tenant Pays Internet Cable TV Electricity

Property Subtype Quadruplex

County Rensselaer

New Construction N

Property Type MultiFamily

HOA N

Attached Garage N

Full Baths 4

Status Pending

Buyer Financing Cash

Directions Take the Interstate 787 exit toward NY-787/Albany/Cohoes merge onto I-787 S take exit 8 for 23rd St toward Green Island/Watervliet turn right onto 23rd St turn left onto 2nd Ave turn left onto NY-2 E

City Troy

High School District Troy

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 3049.2

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 10146.22

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 0

Tax Lot 12.000

Exterior

Exterior Amenities None

Parking Features Off Street

Lot Features Level Road Frontage Cleared

Water Source Public

Total Parking 4.0

Lot Size Area 0.07

Spa N

Lot Size Acres 0.07

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 308

* Excluded Features

List By

Robert Saumell Jr.

Listing Agent

Kw Platform

Broker

(518) 926-8282

Phone

Bobby@theMarchesielloteam.com

Affordability Calculator

$3,652

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $846
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Troy, NY

Average List Price ^$339,050

Percent of Sale Price 25%

About Troy, NY

50,164 Population

2% Since 2002

^$41,523 Median Income

33.3 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853469 Elementary School

853213 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/4/2025	$449,900	-10.00%	Price Down
8/19/2025	$499,900		Listed Price

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308 3rd Street, Troy, NY, 12180 is a Multi-Family Home for sale at $449,900 with 4,854 sqft and a lot size of 0.07. 308 3rd Street has 12 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 12180 which is in Troy, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/17/2025.

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308 3rd Street

Multi-Family Home for sale in Troy, NY

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