Active

$630,000

23-25 Prospect Avenue, Troy, NY 12180

7beds

4,173sqft

Quadruplex, Multi Family

Built in 1940

-- sqft lot

$585,300 Zestimate^®

$151/sqft

$-- HOA

What's special

New roofUpdated essentials

Discover an excellent opportunity at 23-25 Prospect Ave, a fully occupied four-unit building offering immediate, reliable cash flow. This well-maintained property features a new roof, updated essentials, and strong rental history ideal for hands-off ownership. Located just minutes from RPI, the building is perfectly positioned for continued long-term tenants or future student rental potential. A rare chance to own a ready-to-go, income-producing asset in one of Troy's most desirable and high-demand areas! Can be sold with 319 Speigletown Rd, and 1105 Hutton Street Troy NY.

350 days
135
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Natural Gas

Cooling

Wall Unit(s)

Features

Basement: Unfinished

Interior area

Total structure area: 4,173
Total interior livable area: 4,173 sqft
Finished area above ground: 4,173
Finished area below ground: 0

Video & virtual tour

Property

Parking

Total spaces: 4

Features

Exterior features: Other

Lot

Size: 8,276 Square Feet

Details

Parcel number: 381700 101.711222
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex, Multi Family
Attached to another structure: Yes

Materials

Wood Siding
Roof: Rubber

Condition

Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Troy

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $337,300
Annual tax amount: $6,875
Date on market: 9/24/2025

Estimated market value

$585,300

$556,000 - $615,000

Not available

Price history

Date	Event	Price
9/24/2025	Listed for sale	$630,000+55.6%$151/sqft
Source: Global MLS #202526505 Report a problem
7/15/2025	Listing removed	$1,500
Source: Zillow Rentals Report a problem
2/14/2025	Listed for rent	$1,500
Source: Zillow Rentals Report a problem
5/20/2022	Sold	$405,000$97/sqft
Source: Global MLS #202211806 Report a problem
3/16/2022	Pending sale	$405,000$97/sqft
Source: Global MLS #202211806 Report a problem
2/10/2022	Listed for sale	$405,000+62%$97/sqft
Source: Global MLS #202211806 Report a problem
12/31/2019	Sold	$250,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$197,000
2024	--	$197,000
2023	--	$197,000
2022	--	$197,000
2021	--	$197,000
2020	--	$197,000 +35.9%
2019	--	$145,000
2018	--	$145,000
2017	$5,969	$145,000
2016	--	$145,000
2015	--	$145,000
2014	--	$145,000
2013	--	$145,000 +655.2%
2012	--	$19,200
2011	--	$19,200 +15.4%
2010	--	$16,640 -13.3%
2009	--	$19,200
2008	--	$19,200
2007	--	$19,200
2006	--	$19,200
2005	--	$19,200
2004	--	$19,200
2003	--	$19,200
2002	--	$19,200
2001	--	$19,200
2000	--	$19,200