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!
Pending
$240,000
240 4th Street, Troy, NY 12180
6beds
2,024sqft
Duplex, Multi Family
Built in 1910
-- sqft lot
$246,600 Zestimate®
$119/sqft
$-- HOA
What's special
Abundant natural lightSeparate utilitiesThree spacious bedroomsBasement laundryUpdated kitchens
- 46 days |
- 33 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-724-5800,
Heather Hamlin Martin 518-308-8986
Source: Global MLS,MLS#: 202617906
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
Video & virtual tour
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: $119/sqft
- Tax assessed value: $152,400
- Annual tax amount: $4,252
- Date on market: 5/23/2026
- Tenant pays: Electricity, Gas
Estimated market value
$246,600
$234,000 - $259,000
$1,548/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Pending sale | $240,000$119/sqft |
Source:  Global MLS #202617906 Report a problem | ||
| 5/23/2026 | Listed for sale | $240,000+75.2%$119/sqft |
Source: Global MLS #202617906 Report a problem | ||
| 5/23/2023 | Listing removed | -- |
Source: Global MLS #202111462 Report a problem | ||
| 2/8/2022 | Listing removed | $137,000-8.7%$68/sqft |
Source: Global MLS #202111462 Report a problem | ||
| 3/4/2021 | Sold | $150,000+9.5%$74/sqft |
Source: Global MLS #202111462 Report a problem | ||
| 2/1/2021 | Pending sale | $137,000$68/sqft |
Source: Global MLS #202111462 Report a problem | ||
| 1/29/2021 | Listed for sale | $137,000+37.1%$68/sqft |
Source: Global MLS #202111462 Report a problem | ||
| 10/27/2020 | Listing removed | $99,900$49/sqft |
Source: Howard Hanna - Greenbush #202011237 Report a problem | ||
| 3/9/2020 | Pending sale | $99,900$49/sqft |
Source: Howard Hanna - Greenbush #202011237 Report a problem | ||
| 1/21/2020 | Listed for sale | $99,900+48.9%$49/sqft |
Source: Howard Hanna #202011237 Report a problem | ||
| 12/1/2017 | Sold | $67,100+0.1%$33/sqft |
Source: Global MLS #201720118 Report a problem | ||
| 11/7/2017 | Pending sale | $67,000$33/sqft |
Source: Berkshire Hathaway Blake #201720118 Report a problem | ||
| 11/3/2017 | Listed for sale | $67,000$33/sqft |
Source: Berkshire Hathaway Blake #201720118 Report a problem | ||
| 10/18/2017 | Pending sale | $67,000$33/sqft |
Source: Berkshire Hathaway Blake #201720118 Report a problem | ||
| 10/11/2017 | Listed for sale | $67,000+3.1%$33/sqft |
Source: Berkshire Hathaway Blake #201720118 Report a problem | ||
| 5/2/2016 | Listing removed | $65,000$32/sqft |
Source: Berkshire Hathaway Blake #201604583 Report a problem | ||
| 3/26/2016 | Pending sale | $65,000$32/sqft |
Source: Berkshire Hathaway Blake #201604583 Report a problem | ||
| 3/16/2016 | Listed for sale | $65,000-17.6%$32/sqft |
Source: Berkshire Hathaway Blake #201604583 Report a problem | ||
| 5/5/2006 | Sold | $78,866+258.5%$39/sqft |
Source: Public Record Report a problem | ||
| 6/9/2003 | Sold | $22,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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
- 240 4th Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Troy Topics
