Active

$630,000

23-25 Prospect Avenue, Troy, NY 12180

7beds

4,173sqft

Quadruplex, Multi Family

Built in 1940

-- sqft lot

$605,200 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.

301 days

107

6

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

$605,200

$575,000 - $635,000

$1,600/mo

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

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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