Extremely rare and versatile four-unit investment property in the heart of Downtown Troy! Offering nearly 7,000 square feet of living space, this massive multifamily property features an impressive 22 bedrooms and 7 bathrooms, providing tremendous flexibility and income potential.
The spacious layouts make this an excellent opportunity for large-group rentals, student housing, or a high-performing multifamily investment. Each floor features Navien heating and hot water systems, beautiful hardwood and tile flooring, and convenient in-unit/on-floor laundry.
Additional improvements include a new roof with a transferable warranty, adding even more value and peace of mind for the next owner.
A truly unique property with size, location, and versatility that are extremely difficult to find in the Troy market. Don't miss this exceptional investment opportunity!
Active
$719,999
168 3rd Street, Troy, NY 12180
22beds
5,234sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$700,200 Zestimate®
$138/sqft
$-- HOA
What's special
Spacious layouts
- 51 days
- 620
- 19
Zillow last checked:
Listing updated:
Listed by:
Tier One Real Estate Pros LLC 518-698-6321,
Stephen M McCormick 518-698-6321
Source: Global MLS,MLS#: 202624908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Hot Water
Features
- Basement: Apartment
Interior area
- Total structure area: 5,234
- Total interior livable area: 5,234 sqft
- Finished area above ground: 5,234
- Finished area below ground: 1,742
Video & virtual tour
Property
Features
- Exterior features: Other
Lot
- Size: 2,613 Square Feet
Details
- Parcel number: 381700 101.69817
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $308,200
- Annual tax amount: $10,289
- Date on market: 8/27/2026
Estimated market value
$700,200
$665,000 - $735,000
$1,886/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Listed for sale | $719,999+12.3%$138/sqft |
Source:  Global MLS #202624908 Report a problem | ||
| 6/30/2023 | Sold | $641,000-1.4%$122/sqft |
Source: Global MLS #202314039 Report a problem | ||
| 4/21/2023 | Pending sale | $650,000$124/sqft |
Source: Global MLS #202314039 Report a problem | ||
| 3/30/2023 | Listed for sale | $650,000+1260.5%$124/sqft |
Source: Global MLS #202314039 Report a problem | ||
| 2/22/2016 | Sold | $47,775-26.5%$9/sqft |
Source: Global MLS #201518046 Report a problem | ||
| 10/8/2015 | Sold | $65,001-22.4%$12/sqft |
Source: Public Record Report a problem | ||
| 6/17/2003 | Sold | $83,725$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $180,000 |
| 2024 | -- | $180,000 +20% |
| 2023 | -- | $150,000 |
| 2022 | -- | $150,000 |
| 2021 | -- | $150,000 |
| 2020 | -- | $150,000 |
| 2019 | -- | $150,000 |
| 2018 | -- | $150,000 |
| 2017 | $6,353 | $150,000 |
| 2016 | -- | $150,000 |
| 2015 | -- | $150,000 |
| 2014 | -- | $150,000 +442.9% |
| 2012 | -- | $27,630 |
| 2011 | -- | $27,630 |
| 2010 | -- | $27,630 |
| 2009 | -- | $27,630 |
| 2008 | -- | $27,630 |
| 2007 | -- | $27,630 |
| 2006 | -- | $27,630 |
| 2005 | -- | $27,630 |
| 2004 | -- | $27,630 |
| 2003 | -- | $27,630 |
| 2002 | -- | $27,630 |
| 2001 | -- | $27,630 |
| 2000 | -- | $27,630 |
Find assessor info on the county website
