2425 5th Avenue is a strong value-add multifamily opportunity in Troy featuring 3 units with separate utilities and major recent updates. Two of the three units have already been renovated, offering immediate rental appeal and income potential, while the remaining unit provides additional upside for investors looking to increase value and cash flow. Conveniently located directly behind the brand-new Central Rock Gym and just minutes from downtown Troy, restaurants, shopping, and major commuter routes. A great opportunity to own a multifamily property in one of the Capital Region's fastest-growing rental markets.
Active
$489,900
2425 5th Avenue, Troy, NY 12180
9beds
3,744sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$479,800 Zestimate®
$131/sqft
$-- HOA
What's special
- 98 days |
- 344 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Lincoln House Realty 518-469-6238,
John Alund 518-469-6238
Source: Global MLS,MLS#: 202616984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Natural Gas
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,744
- Total interior livable area: 3,744 sqft
- Finished area above ground: 3,744
- Finished area below ground: 1,248
Video & virtual tour
Property
Features
- Exterior features: Garden
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 381700 101.22108
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $207,200
- Annual tax amount: $5,798
- Date on market: 5/12/2026
Estimated market value
$479,800
$456,000 - $504,000
$1,409/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $489,900+100.8%$131/sqft |
Source:  Global MLS #202616984 Report a problem | ||
| 8/18/2021 | Sold | $244,000-4.3%$65/sqft |
Source: Global MLS #202120555 Report a problem | ||
| 6/18/2021 | Pending sale | $254,900$68/sqft |
Source: Global MLS #202120555 Report a problem | ||
| 6/9/2021 | Listed for sale | $254,900+115.2%$68/sqft |
Source: Global MLS #202120555 Report a problem | ||
| 6/13/2007 | Sold | $118,450-2.9%$32/sqft |
Source: Public Record Report a problem | ||
| 1/3/2006 | Sold | $122,000+205%$33/sqft |
Source: Global MLS #25114963 Report a problem | ||
| 7/19/2005 | Sold | $40,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $121,000 |
| 2024 | -- | $121,000 |
| 2023 | -- | $121,000 |
| 2022 | -- | $121,000 |
| 2021 | -- | $121,000 |
| 2020 | -- | $121,000 +77.9% |
| 2019 | -- | $68,000 |
| 2018 | -- | $68,000 |
| 2017 | $2,799 | $68,000 |
| 2016 | -- | $68,000 |
| 2015 | -- | $68,000 |
| 2014 | -- | $68,000 |
| 2013 | -- | $68,000 +1114.3% |
| 2012 | -- | $5,600 |
| 2011 | -- | $5,600 |
| 2010 | -- | $5,600 |
| 2009 | -- | $5,600 |
| 2008 | -- | $5,600 |
| 2007 | -- | $5,600 |
| 2006 | -- | $5,600 |
| 2005 | -- | $5,600 |
| 2004 | -- | $5,600 |
| 2003 | -- | $5,600 |
| 2002 | -- | $5,600 |
| 2001 | -- | $5,600 |
| 2000 | -- | $5,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 1/10Ps 2Grades: PK-5Distance: 0.5 mi
- 4/10Troy Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Troy High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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