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  • $254,500

    240 4th Street, Troy, NY 12180

    6beds
    2,024sqft
    Duplex, Multi Family
    Built in 1910
    -- sqft lot
    $255,400 Zestimate®
    $126/sqft
    $1,724 Estimated rent

    Home value

    $255,400

    $240,000 - $273,000

    $1,724/mo

    Zestimate® history
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    What's special

    Abundant natural lightSeparate utilitiesThree spacious bedroomsBasement laundryUpdated kitchens
    Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents. If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Hamlin Martin 518-308-8986,

    KW Platform

    Bought with:

    Kristin M McClenaghan, 10301212697

    Howard Hanna Capital Inc

    Source: Global MLS,MLS#: 202617906MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Space Heater, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    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

    Features
    • Patio & porch: Porch
    • Exterior features: None
    Lot
    • Size: 3,049 Square Feet
    • Features: Level
    Details
    • Parcel number: 381700 101.691711
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • Year built: 1910

    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: $126/sqft
    • Tax assessed value: $152,400
    • Annual tax amount: $4,252
    • Date on market: 5/23/2026
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    7/17/2026Sold$254,500+6%$126/sqft
    Source: Global MLS #202617906 Report a problem
    6/1/2026Pending sale$240,000$119/sqft
    Source: Global MLS #202617906 Report a problem
    5/23/2026Listed for sale$240,000+75.2%$119/sqft
    Source: Global MLS #202617906 Report a problem
    5/23/2023Listing removed--
    Source: Global MLS #202111462 Report a problem
    2/8/2022Listing removed$137,000-8.7%$68/sqft
    Source: Global MLS #202111462 Report a problem
    3/4/2021Sold$150,000+9.5%$74/sqft
    Source: Global MLS #202111462 Report a problem
    2/1/2021Pending sale$137,000$68/sqft
    Source: Global MLS #202111462 Report a problem
    1/29/2021Listed for sale$137,000+37.1%$68/sqft
    Source: Global MLS #202111462 Report a problem
    10/27/2020Listing removed$99,900$49/sqft
    Source: Howard Hanna - Greenbush #202011237 Report a problem
    3/9/2020Pending sale$99,900$49/sqft
    Source: Howard Hanna - Greenbush #202011237 Report a problem
    1/21/2020Listed for sale$99,900+48.9%$49/sqft
    Source: Howard Hanna #202011237 Report a problem
    12/5/2017Sold$67,100+0.1%$33/sqft
    Source: Public Record Report a problem
    11/7/2017Pending sale$67,000$33/sqft
    Source: Berkshire Hathaway Blake #201720118 Report a problem
    11/3/2017Listed for sale$67,000$33/sqft
    Source: Berkshire Hathaway Blake #201720118 Report a problem
    10/18/2017Pending sale$67,000$33/sqft
    Source: Berkshire Hathaway Blake #201720118 Report a problem
    10/11/2017Listed for sale$67,000+3.1%$33/sqft
    Source: Berkshire Hathaway Blake #201720118 Report a problem
    5/2/2016Listing removed$65,000$32/sqft
    Source: Berkshire Hathaway Blake #201604583 Report a problem
    3/26/2016Pending sale$65,000$32/sqft
    Source: Berkshire Hathaway Blake #201604583 Report a problem
    3/16/2016Listed for sale$65,000-17.6%$32/sqft
    Source: Berkshire Hathaway Blake #201604583 Report a problem
    5/5/2006Sold$78,866+258.5%$39/sqft
    Source: Public Record Report a problem
    6/9/2003Sold$22,000$11/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $89,000
    2024-- $89,000
    2023-- $89,000
    2022-- $89,000
    2021-- $89,000
    2020-- $89,000
    2019-- $89,000
    2018-- $89,000 -13.6%
    2017$4,662 $103,000
    2016-- $103,000
    2015-- $103,000
    2014-- $103,000
    2013-- $103,000 +927.9%
    2012-- $10,020
    2011-- $10,020 +26.8%
    2010-- $7,900 -21.2%
    2009-- $10,020
    2008-- $10,020
    2007-- $10,020
    2006-- $10,020
    2005-- $10,020
    2004-- $10,020
    2003-- $10,020
    2002-- $10,020
    2001-- $10,020
    2000-- $10,020
    Find assessor info on the county website

    Neighborhood: South Central

    Nearby schools

    GreatSchools rating
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    $255,400
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    $260,508
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $255,400
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    +$5,108
    With Zillow Showcase(estimated)
    $260,508