Investor's Dream or Perfect Owner-Occupant Opportunity! Welcome to this updated and spacious two-family home in the heart of Lansingburgh—an exceptional opportunity for savvy real estate investors or buyers seeking added rental income. Both units are vacant and ready for immediate use, offering flexibility whether you choose to rent both spaces or live in one and lease the other. Recent improvements include new windows, fresh paint, updated kitchen counters and cabinets, and tiled bathrooms with new tubs. The home offers generous living space, providing a solid foundation for further customization. While many updates have been completed, there is still an opportunity to continue enhancing the property and add your personal touch. Situated on a corner, fenced-in lot, the property also features a storage shed, providing additional convenience and value. With its strong rental potential, recent improvements, and appealing location, this two-family home is an ideal addition to your portfolio—or a smart first step into property ownership. Don't miss your chance to secure a property with income potential and room to grow!
Closed
$250,000
500 3rd Avenue, Troy, NY 12182
7beds
2,240sqft
Duplex, Multi Family
Built in 1889
-- sqft lot
$254,200 Zestimate®
$112/sqft
$1,631 Estimated rent
Home value
$254,200
$221,000 - $295,000
$1,631/mo
Zestimate® history
Owner options
List your home for rent
$1,631/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,631/mo
Rent Zestimate®
Refinance and save
$1,463/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,463/mo
Est. payment
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List your homeWhat's special
Storage shedFresh paintNew windowsCorner fenced-in lotGenerous living space
Zillow last checked:
Listing updated:
Listed by:
Jamie Gervais 518-817-7531,
Hanks Hollow Realty LLC
Bought with:
Anthony J Herbst, 10401389077
Signature One Realty Group LLC
Source: Global MLS,MLS#: 202529195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Laundry: Gas Dryer Hookup, In Bathroom, Laundry Room, Washer Hookup
Features
- Ceramic Tile Bath
- Flooring: Vinyl, Ceramic Tile, Hardwood
- Windows: Blinds
- Basement: Full
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Patio & porch: Rear Porch, Enclosed
- Exterior features: None
- Fencing: Back Yard,Chain Link,Fenced
Lot
- Size: 6,098 sqft
- Features: Level, Cleared, Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: 381700 80.6381
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Asbestos, Masonite
- Roof: Asphalt
Condition
- Year built: 1889
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Troy
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Sold | $250,000+4.6%$112/sqft |
Source:  Global MLS #202529195 Report a problem | ||
| 1/17/2026 | Pending sale | $239,000$107/sqft |
Source: Global MLS #202529195 Report a problem | ||
| 1/7/2026 | Listed for sale | $239,000$107/sqft |
Source: Global MLS #202529195 Report a problem | ||
| 12/22/2025 | Listing removed | $239,000$107/sqft |
Source: Global MLS #202529195 Report a problem | ||
| 11/10/2025 | Pending sale | $239,000$107/sqft |
Source: Global MLS #202529195 Report a problem | ||
| 11/7/2025 | Listed for sale | $239,000+206.4%$107/sqft |
Source: Global MLS #202529195 Report a problem | ||
| 3/14/2024 | Sold | $78,000-17.9%$35/sqft |
Source: Global MLS #202411501 Report a problem | ||
| 2/6/2024 | Pending sale | $95,000$42/sqft |
Source: Global MLS #202411501 Report a problem | ||
| 2/2/2024 | Listed for sale | $95,000$42/sqft |
Source: Global MLS #202411501 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $92,000 |
| 2024 | -- | $92,000 |
| 2023 | -- | $92,000 |
| 2022 | -- | $92,000 |
| 2021 | -- | $92,000 |
| 2020 | -- | $92,000 |
| 2019 | -- | $92,000 |
| 2018 | -- | $92,000 |
| 2017 | $3,113 | $92,000 |
| 2016 | -- | $92,000 |
| 2015 | -- | $92,000 |
| 2014 | -- | $92,000 |
| 2013 | -- | $92,000 +434% |
| 2012 | -- | $17,230 |
| 2011 | -- | $17,230 +0.5% |
| 2010 | -- | $17,140 -0.5% |
| 2009 | -- | $17,230 |
| 2008 | -- | $17,230 |
| 2007 | -- | $17,230 |
| 2006 | -- | $17,230 |
| 2005 | -- | $17,230 |
| 2004 | -- | $17,230 |
| 2003 | -- | $17,230 |
| 2002 | -- | $17,230 |
| 2001 | -- | $17,230 |
| 2000 | -- | $17,230 |
Find assessor info on the county website
Neighborhood: Lansingburgh
Nearby schools
GreatSchools rating
- 5/10Rensselaer Park Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Knickerbacker Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Lansingburgh Senior High SchoolGrades: 9-12Distance: 0.6 mi
- New York
- Rensselaer County
- Troy
- 12182
- Lansingburgh
- 500 3rd Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Troy Topics
