Active

Price cut: $15K (10/10)

$250,000

260 3rd Avenue, Troy, NY 12182

6beds

1,812sqft

Duplex, Multi Family

Built in 1890

-- sqft lot

$248,100 Zestimate^®

$138/sqft

$-- HOA

What's special

Private yardTwo spacious flats

PRICE IMPROVED AND READY TO GO! 9.98% CAP RATE! Don't miss this fantastic investment opportunity in Lansingburgh! This well-maintained duplex offers an attractive 9.98% cap rate, strong rental history, and two spacious flats, each featuring 3 bedrooms and 1 full bathroom. Both units are currently occupied on month-to-month leases, providing flexibility for the next owner. Enjoy unobstructed views of the Hudson River and a private yard—a rare combination for a city property! Whether you're looking to expand your investment portfolio or explore owner-occupancy potential, this property offers income, versatility, and value. Property is believed to not require flood insurance; buyer and buyer's agent should independently verify flood zone and insurance requirements.

24 days
382
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Radiant, Natural Gas

Cooling

Window Unit(s)

Features

High Speed Internet
Flooring: Hardwood
Basement: Full

Interior area

Total structure area: 1,812
Total interior livable area: 1,812 sqft
Finished area above ground: 1,812
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Exterior features: Other
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: Lake/River Across Rd
Body of water: Hudson River

Lot

Size: 3,484 Square Feet

Details

Additional structures: Shed(s)
Parcel number: 381700 90.23924
Special conditions: Standard

Construction

Type & style

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

Materials

Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Lansingburgh

HOA

Has HOA: No

Location

Region: Troy

Financial & listing details

Price per square foot: $138/sqft
Tax assessed value: $116,400
Annual tax amount: $3,187
Date on market: 9/24/2026
Tenant pays: Hot Water, Heat, Gas

Estimated market value

$248,100

$236,000 - $261,000

$1,313/mo

Price history

Date	Event	Price
10/10/2026	Price change	$250,000-5.7%$138/sqft
Source: Global MLS #202626807 Report a problem
9/24/2026	Listed for sale	$265,000+57.3%$146/sqft
Source: Global MLS #202626807 Report a problem
7/25/2022	Sold	$168,500+0.6%$93/sqft
Source: Global MLS #202213873 Report a problem
3/28/2022	Pending sale	$167,500$92/sqft
Source: Global MLS #202213873 Report a problem
3/21/2022	Listed for sale	$167,500+109.4%$92/sqft
Source: Global MLS #202213873 Report a problem
10/2/2018	Sold	$80,000+33.3%$44/sqft
Source: Public Record Report a problem
9/20/2017	Sold	$60,000-36.8%$33/sqft
Source: Public Record Report a problem
5/24/2017	Listing removed	$95,000$52/sqft
Source: Coldwell Banker Prime Properties #201624842 Report a problem
12/23/2016	Listed for sale	$95,000$52/sqft
Source: Coldwell Banker Prime Prop. #201624842 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$68,000
2024	--	$68,000
2023	--	$68,000
2022	--	$68,000
2021	--	$68,000
2020	--	$68,000
2019	--	$68,000
2018	--	$68,000
2017	$2,687	$68,000
2016	--	$68,000
2015	--	$68,000
2014	--	$68,000
2013	--	$68,000 +244.3%
2012	--	$19,750
2011	--	$19,750 +65.4%
2010	--	$11,940 -39.5%
2009	--	$19,750
2008	--	$19,750
2007	--	$19,750
2006	--	$19,750
2005	--	$19,750
2004	--	$19,750
2003	--	$19,750
2002	--	$19,750
2001	--	$19,750
2000	--	$19,750