Spacious and solid investment opportunity offering over 4,200 sq. ft. of living space. Built in 1880 and thoughtfully maintained, this brick three-family property features a total of 8 bedrooms, 2 additional office spaces and three full bathrooms, making it ideal for investors or owner-occupants looking for rental income. Each unit is generously sized, providing comfortable living with high ceilings and each unit has 2 decorative fireplaces. Many windows are newer replacement windows. Brand new roof in 2026!! A covered patio in the back yard and a 2 car garage with door opener and Siemens car charger complete this rare opportunity!
Active
$399,000
1040 5th Avenue, Troy, NY 12180
8beds
4,278sqft
Triplex, Multi Family
Built in 1880
-- sqft lot
$388,300 Zestimate®
$93/sqft
$-- HOA
What's special
Newer replacement windowsBrick three-family propertyHigh ceilingsSiemens car charger
- 91 days |
- 581 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Solutions 518-720-3400,
Catherine A Graziano 518-496-2297,
Jean A Howard 518-894-2978,
RE/MAX Solutions
Source: Global MLS,MLS#: 202615023
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Space Heater, Natural Gas
Cooling
- None
Appliances
- Laundry: Common Area, In Basement
Features
- Other, Built-in Features, Crown Molding
- Flooring: Carpet, Hardwood
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 4,278
- Total interior livable area: 4,278 sqft
- Finished area above ground: 4,278
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Detached, Driveway, Garage, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Patio
- Exterior features: Other
- Fencing: Back Yard,Fenced,Gate
- Has view: Yes
- View description: City
Lot
- Size: 3,049 Square Feet
- Features: Level
Details
- Additional structures: Garage(s)
- Parcel number: 381700 112.21522
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Stone, Brick
- Foundation: Brick/Mortar
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $238,000
- Annual tax amount: $6,629
- Date on market: 4/14/2026
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$388,300
$369,000 - $408,000
$1,508/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listed for sale | $399,000+266.1%$93/sqft |
Source:  Global MLS #202615023 Report a problem | ||
| 8/21/2025 | Listing removed | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Listed for rent | $1,295-7.2% |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,395 |
Source: Zillow Rentals Report a problem | ||
| 5/4/2024 | Price change | $1,395-6.7% |
Source: Zillow Rentals Report a problem | ||
| 5/2/2024 | Listed for rent | $1,495 |
Source: Zillow Rentals Report a problem | ||
| 2/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/12/2024 | Price change | $1,495-6.3% |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Listed for rent | $1,595+165.8% |
Source: Zillow Rentals Report a problem | ||
| 9/5/2013 | Listing removed | $600 |
Source: Bowes Real Estate Real Living, 1010 Mass. Ave. Report a problem | ||
| 9/3/2013 | Listed for rent | $600 |
Source: Bowes Real Estate Real Living, 1010 Mass. Ave. Report a problem | ||
| 10/31/2002 | Sold | $109,000$25/sqft |
Source: Global MLS #2214179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $139,000 |
| 2024 | -- | $139,000 |
| 2023 | -- | $139,000 |
| 2022 | -- | $139,000 |
| 2021 | -- | $139,000 |
| 2020 | -- | $139,000 |
| 2019 | -- | $139,000 |
| 2018 | -- | $139,000 |
| 2017 | $5,245 | $139,000 |
| 2016 | -- | $139,000 |
| 2015 | -- | $139,000 |
| 2014 | -- | $139,000 |
| 2013 | -- | $139,000 +1422.5% |
| 2012 | -- | $9,130 |
| 2011 | -- | $9,130 |
| 2010 | -- | $9,130 |
| 2009 | -- | $9,130 |
| 2008 | -- | $9,130 |
| 2007 | -- | $9,130 |
| 2006 | -- | $9,130 |
| 2005 | -- | $9,130 |
| 2004 | -- | $9,130 |
| 2003 | -- | $9,130 |
| 2002 | -- | $9,130 |
| 2001 | -- | $9,130 |
| 2000 | -- | $9,130 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 6/10Ps 14Grades: PK-5Distance: 1.1 mi
- 4/10Troy Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Troy High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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