Great investment opportunity in the City of Rensselaer! This well-located triplex at 1016 3rd St is fully rented, offering immediate income from day one. Featuring separate units, this property is ideal for both seasoned investors and those looking to grow their portfolio. Conveniently located near downtown Albany, the Rensselaer train station, major highways, shopping, and dining, it's highly appealing to tenants. A solid income-producing asset with upside potential.
Under contract
$290,000
1016 3rd St, Rensselaer, NY 12144
4beds
2,340sqft
Multi Family
Built in 1880
-- sqft lot
$295,700 Zestimate®
$124/sqft
$-- HOA
What's special
Separate units
- 36 days |
- 22 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Miranda Real Estate Group Inc 518-348-2060,
Sarah Weloth 518-258-8801
Source: NY State MLS,MLS#: 11743138
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Flooring: Hardwood, Carpet, Laminate
- Basement: Finished,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
- Finished area above ground: 2,340
Property
Features
- Patio & porch: Deck
- Frontage length: 0
Lot
- Size: 4,792 Square Feet
Details
- Parcel number: 381400 144.37517
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Community
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rensselaer
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $177,976
- Annual tax amount: $4,958
- Date on market: 5/13/2026
- Date available: 05/07/2026
- Listing agreement: Exclusive
Estimated market value
$295,700
$281,000 - $310,000
$1,706/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Contingent | $290,000$124/sqft |
Source: NY State MLS #11743138 Report a problem | ||
| 5/13/2026 | Listed for sale | $290,000+18.4%$124/sqft |
Source: NY State MLS #11743138 Report a problem | ||
| 6/22/2022 | Sold | $245,000-2%$105/sqft |
Source:  Global MLS #202216135 Report a problem | ||
| 4/29/2022 | Pending sale | $250,000$107/sqft |
Source: Global MLS #202216135 Report a problem | ||
| 4/22/2022 | Listed for sale | $250,000$107/sqft |
Source: Global MLS #202216135 Report a problem | ||
| 10/18/2019 | Listing removed | $750 |
Source: TurboTenant Report a problem | ||
| 10/13/2019 | Price change | $750-6.3% |
Source: TurboTenant Report a problem | ||
| 9/29/2019 | Listed for rent | $800 |
Source: TurboTenant Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $29,900 |
| 2024 | -- | $29,900 |
| 2023 | -- | $29,900 +15% |
| 2022 | -- | $26,000 |
| 2021 | -- | $26,000 |
| 2020 | -- | $26,000 |
| 2019 | -- | $26,000 |
| 2018 | -- | $26,000 |
| 2017 | $3,885 | $26,000 |
| 2016 | -- | $26,000 |
| 2015 | -- | $26,000 |
| 2014 | -- | $26,000 |
| 2013 | -- | $26,000 |
| 2012 | -- | $26,000 |
| 2011 | -- | $26,000 |
| 2010 | -- | $26,000 |
| 2009 | -- | $26,000 |
| 2008 | -- | $26,000 |
| 2007 | -- | $26,000 |
| 2006 | -- | $26,000 |
| 2005 | -- | $26,000 |
| 2004 | -- | $26,000 |
| 2003 | -- | $26,000 |
| 2002 | -- | $26,000 |
| 2001 | -- | $26,000 |
| 2000 | -- | $26,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 12144
Nearby schools
GreatSchools rating
- 3/10Van Rensselaer Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Rensselaer Junior Senior High SchoolGrades: 6-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 000000
Source: NY State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Rensselaer County
- Rensselaer
- 12144
- 1016 3rd St
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