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$549,900

308 3rd St Troy, NY 12180

12 beds
4 full
4,854 sqft
0.07 acres
$113 / sqft
Multi-Family

Property details

About 308 3rd St

Charming 4-unit brick home in the heart of downtown Troy! Prime location with excellent income potential. Three units have been newly renovated, offering modern updates while preserving the original character. Features include beautiful hardwood floors, grand staircase, and more. Tons of opportunity to maximize value and rental income with a cap rate of 8%. Off-street parking adds convenience for tenants. Whether you're an investor or owner-occupant, this property is a rare find with both charm and potential in a thriving area. Don't miss out!

Highlights

Home typeQuadruplex
HeatingElectric
StatusActive
Size4,854 sqft
BasementYes
Lot size0.07 Acres
Year built1920
ParkingOff Street
MLS #202518235

Virtual tour

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Tile, Hardwood, Laminate
  • Interior: Built-in Features
  • Total Bedroom Count: 12
  • Attached Garage: No
  • Parking: Off Street
  • Exterior: None
  • Architectural Style: Traditional
  • Heating: Electric
  • Cooling: None
  • List Price: $549,900
  • Price/SqFt: $113
  • Annual Tax Amount: $10,146
  • Tax Year: 2022
  • Lot: Level, Cleared
  • Directions: Take the Interstate 787 exit toward NY-787/Albany/Cohoes, merge onto I-787 S, take exit 8 for 23rd St toward Green Island/Watervliet, turn right onto 23rd St, turn left onto 2nd Ave, turn left onto NY-2 E/19th St, then turn right onto 3rd St where the destination will be on the left.
  • Year Built: 1920
  • Living Area: 4,854 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 202518235
  • MLS Name: Global MLS
  • Office Name: KW Platform
  • Office Phone: (518) 724-5800
  • Office Email: mweiss@kw.com
  • Listing Agent: Robert Saumell Jr.

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/7/2025, 11:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 12, 2022
Home Sold
$340,000

Tax history

YearAssessmentProperty Tax
2023$195,000$-
2022$195,000$10,146
2021$195,000$10,146
2020$195,000$8,840
2019$195,000$3,855
2018$195,000$5,743
2017$195,000$5,726

History based on county public records data.

Nearby schools

4

Carroll Hill School

Public District KG-5

0.9 mi

112 Delaware Ave

6

PS 14

Public District PK-5

1.3 mi

1700 Tibbits Ave

6

PS 16

Public District KG-5

1.4 mi

40 Collins Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,563. The majority of Troy, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

38%
<35k
55%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
19%
Single, with Kids
9%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
32%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 308 3rd St

The listing price of 308 3rd St property is $549,900.

The property 308 3rd St is a multi located in Troy, New York, 12180.

Active Listing: 308 3rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 308 3rd St are: Carroll Hill School (GreatSchools Rating 4/10), PS 14 (GreatSchools Rating 6/10), PS 16 (GreatSchools Rating 6/10), Troy Middle School (GreatSchools Rating 5/10), Menands School (GreatSchools Rating 5/10), Knickerbacker Middle School (GreatSchools Rating 4/10), True North Troy Preparatory Charter School (GreatSchools Rating 4/10), Troy High School (GreatSchools Rating 4/10), Watervliet High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2022 is $10,146 (source: MLS/based on county public records data).

The last sale was on August 12, 2022 for $340,000 (source: MLS/tax record).

The property 308 3rd St is 4,854 SqFt (source: MLS/tax record).

The year of construction for 308 3rd St is 1920.

This home is located at 308 3rd St in Troy, NY and zip code 12180. This 4,854 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $549,900.

In June 2025 more than 27 listings in Troy, NY were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 15 were sold below. Between May and June 2025, Troy, NY real estate market has seen decrease in the number of listings by 1.7%. While the average time on the market in June 2025 was 41 days, the median list price was $260,000.

From Rocket Homes Real Estate and based on county public records data.

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