Turnkey mixed-use (MU1 zoning) investment opportunity in Troy! This versatile three-unit property features two residential apartments and a third unit that can be used for commercial space, an office, studio, etc. All units have been extensively updated with renovated kitchens and bathrooms, new LVP flooring, new doors, and fresh paint throughout. The exterior has also been freshly painted, offering excellent curb appeal and reduced maintenance concerns. Ideal for investors or owner-occupants seeking flexibility and income potential. The one bedroom unit is rented for $1,000 per month and the other two units are vacant. Please note, due to the seller's current financing commitments, closing cannot occur until November 2026.
Active
$325,000
1 Lincoln Avenue, Troy, NY 12180
7beds
2,262sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$320,600 Zestimate®
$144/sqft
$-- HOA
What's special
Reduced maintenance concernsExcellent curb appealFresh paint throughoutNew doorsNew lvp flooring
- 36 days |
- 243 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-724-5800,
Thaddeus Jones 518-681-1836
Source: Global MLS,MLS#: 202619654
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiant, Natural Gas
Features
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 2,262
- Total interior livable area: 2,262 sqft
- Finished area above ground: 2,262
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Exterior features: None
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 381700 111.4491
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $85,600
- Annual tax amount: $3,319
- Date on market: 6/15/2026
Estimated market value
$320,600
$305,000 - $337,000
$1,321/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $325,000+261.1%$144/sqft |
Source:  Global MLS #202619654 Report a problem | ||
| 3/28/2025 | Sold | $90,000+125.6%$40/sqft |
Source: Public Record Report a problem | ||
| 5/24/2023 | Listing removed | -- |
Source: Global MLS #202011095 Report a problem | ||
| 2/8/2022 | Listing removed | $39,900+28.7%$18/sqft |
Source: Global MLS #202011095 Report a problem | ||
| 7/22/2020 | Sold | $31,000-20.5%$14/sqft |
Source: Public Record Report a problem | ||
| 3/15/2020 | Sold | $39,000$17/sqft |
Source: Global MLS #202011095 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $50,000 |
| 2024 | -- | $50,000 |
| 2023 | -- | $50,000 |
| 2022 | -- | $50,000 |
| 2021 | -- | $50,000 |
| 2020 | -- | $50,000 |
| 2019 | -- | $50,000 |
| 2018 | -- | $50,000 |
| 2017 | $2,255 | $50,000 |
| 2016 | -- | $50,000 |
| 2015 | -- | $50,000 |
| 2014 | -- | $50,000 |
| 2013 | -- | $50,000 +615.3% |
| 2012 | -- | $6,990 |
| 2011 | -- | $6,990 -25.8% |
| 2010 | -- | $9,420 +34.8% |
| 2009 | -- | $6,990 |
| 2008 | -- | $6,990 |
| 2007 | -- | $6,990 |
| 2006 | -- | $6,990 |
| 2005 | -- | $6,990 |
| 2004 | -- | $6,990 |
| 2003 | -- | $6,990 |
| 2002 | -- | $6,990 |
| 2001 | -- | $6,990 |
| 2000 | -- | $6,990 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Troy
Nearby schools
GreatSchools rating
- 4/10Carroll Hill SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Troy Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Troy High SchoolGrades: 9-12Distance: 1.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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