118 Adams Street offers a strong investment opportunity with immediate income and long-term potential. This duplex features two well-laid-out units, each offering 2 bedrooms and 1 full bathroom, making it an appealing option for a wide range of tenants.
Both apartments are currently occupied, providing consistent rental income from day one. The property generates a total of $1,400 per month, or $16,800 annually, offering a stable foundation for investors seeking reliable cash flow. With tenants already in place, this is a true turnkey opportunity with no need for initial lease-up or vacancy concerns.
The first-floor unit has been recently updated, adding modern appeal and functionality. All appliances in this unit are brand new, helping to minimize maintenance costs and enhance tenant satisfaction. The thoughtful updates contribute to the overall value of the property and set the stage for potential future improvements.
Each unit offers a practical and comfortable layout, with appropriately sized bedrooms, functional kitchens, and inviting living spaces. The 2-bedroom configuration is consistently in demand in the local rental market, making it easier to maintain occupancy and attract long-term tenants.
The property benefits from close proximity to local shops, restaurants, and major roadways. Troy continues to see growth and revitalization, further strengthening rental demand and supporting long-term investment value.
This duplex presents an excellent opportunity for investors to own a fully occupied, income-producing property in a growing market. Whether you're looking to expand your portfolio or secure a steady, low-maintenance investment, 118 Adams Street delivers both stability and upside potential.
Seller related to Listing Agent.
Pending
$150,000
118 Adams Street, Troy, NY 12180
4beds
2,024sqft
Duplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Appropriately sized bedroomsInviting living spacesFunctional kitchensTwo well-laid-out unitsPractical and comfortable layout
- 65 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Keyology Realty 518-212-7177,
Mary Turoci 352-235-4835
Source: Global MLS,MLS#: 202616561
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Wood, Laminate
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,024
- Total interior livable area: 2,024 sqft
- Finished area above ground: 2,024
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Exterior features: None
- Fencing: Wood,Back Yard
Lot
- Size: 1,742 Square Feet
- Features: Road Frontage
Details
- Parcel number: 381700 101.77314
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Year built: 1910
Utilities & green energy
- 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: $74/sqft
- Tax assessed value: $102,700
- Annual tax amount: $2,824
- Date on market: 5/6/2026
- Ownership: 118 Adams St, LLC
- Tenant pays: Internet, Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,874/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Pending sale | $150,000$74/sqft |
Source: | ||
| 5/6/2026 | Listed for sale | $150,000+30.4%$74/sqft |
Source: | ||
| 7/17/2022 | Listing removed | -- |
Source: | ||
| 4/29/2022 | Listed for sale | $115,000$57/sqft |
Source: | ||
| 4/21/2022 | Pending sale | $115,000$57/sqft |
Source: | ||
| 4/16/2022 | Listed for sale | $115,000+94.9%$57/sqft |
Source: | ||
| 1/23/2017 | Sold | $59,000$29/sqft |
Source: Public Record Report a problem | ||
| 11/17/2016 | Sold | $59,000$29/sqft |
Source: | ||
| 9/12/2016 | Listed for sale | $59,000+293.3%$29/sqft |
Source: Field Realty #201618941 Report a problem | ||
| 5/27/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 5/2/2015 | Listed for sale | $15,000-76.9%$7/sqft |
Source: Auction.com Report a problem | ||
| 3/1/2015 | Listing removed | $64,900$32/sqft |
Source: Keller Williams Realty Capital District #201501711 Report a problem | ||
| 1/30/2015 | Listed for sale | $64,900+149.6%$32/sqft |
Source: Keller Williams Realty Capital District #201501711 Report a problem | ||
| 6/18/2009 | Sold | $26,000$13/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $60,000 |
| 2024 | -- | $60,000 |
| 2023 | -- | $60,000 |
| 2022 | -- | $60,000 |
| 2021 | -- | $60,000 |
| 2020 | -- | $60,000 |
| 2019 | -- | $60,000 |
| 2018 | -- | $60,000 |
| 2017 | $2,285 | $60,000 +53.8% |
| 2016 | -- | $39,000 |
| 2015 | -- | $39,000 |
| 2014 | -- | $39,000 |
| 2013 | -- | $39,000 +269% |
| 2012 | -- | $10,570 |
| 2011 | -- | $10,570 |
| 2010 | -- | $10,570 |
| 2009 | -- | $10,570 |
| 2008 | -- | $10,570 |
| 2007 | -- | $10,570 |
| 2006 | -- | $10,570 |
| 2005 | -- | $10,570 |
| 2004 | -- | $10,570 |
| 2003 | -- | $10,570 |
| 2002 | -- | $10,570 |
| 2001 | -- | $10,570 |
| 2000 | -- | $10,570 |
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: 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 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Rensselaer County
- Troy
- 12180
- South Central
- 118 Adams Street






