308 3rd Street, Troy, NY 12180
FOR SALE

308 3rd Street
Troy, NY 12180

South Central
  • 12 Beds
  • 4 Baths
  • 4,854 sqft

$549,900

Est. Mortgage $3,751/mo*

$549,900

Est. Mortgage $3,751/mo*
12 Beds
4 Baths
4,854 sqft

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

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!

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$113
Listed
15 days ago
Last check for updates: about 2 hours ago
Listing by: KW Platform, (518) 724-5800
Robert Saumell Jr., (518) 926-8282
Source: Global MLS, MLS#202518235

Home Details for 308 3rd Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Unfinished
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4854 Square Feet
Heating & Cooling
Heating: ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Tile, Hardwood, Laminate
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: RubberExterior: None
Parking & Garage
No CarportNo GarageParking Spaces: 4Parking: Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4854 Square Feet

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi FamilyArchitecture: Traditional
Building
Construction Materials: BrickAttached To Another Structure
Property Information
Parcel Number: 381700 112.21312

Price & Status

Price
List Price: $549,900Price Per Sqft: $113
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Troy
School Information
High School District: Troy

Agent Information

Listing Agent
Listing ID: 202518235

Building

Building Area
Building Area: 4854 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3049.2 sqft

Listing Info

Special Conditions: Standard

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Expense
Tenant Pays: Internet, Cable TV, Electricity

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Sewer, Water

Miscellaneous

BasementMls Number: 202518235Above Grade Unfinished Area: 4854

Price History for 308 3rd Street

DatePriceEventSource
06/11/2025$549,900Listed For SaleGlobal MLS #202518235
08/03/2022$340,000Sold
Global MLS #202211138
02/12/2022$349,900PendingToActiveGlobal MLS #202211138
02/09/2022$349,900PendingGlobal MLS #202211138
01/27/2022$349,900Listed For SaleGlobal MLS #202211138
03/15/2021$235,000Sold
Global MLS #202033220
11/19/2020$235,000PendingAgent Provided
11/19/2020$235,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2024
Tax
Assessment$300,000
Home facts updated by county records

Comparable Sales for 308 3rd Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Multi-Family Home
$225,000
11/22/24
9
3
3,933
0.19
Multi-Family Home
$395,000
12/10/24
10
3
3,903
0.22
Multi-Family Home
$280,000
07/10/24
8
3
3,820
0.10
Multi-Family Home
$450,000
12/16/24
9
4
3,880
0.19
Multi-Family Home
$526,381
04/03/25
8
3
4,265
0.14
Multi-Family Home
$312,000
07/26/24
9
3
3,900
0.17
Multi-Family Home
$450,000
03/10/25
6
6
3,840
0.48
Multi-Family Home
$320,000
04/04/25
16
4
3,872
0.08
Multi-Family Home
$265,000
06/14/24
5
3
3,370

Assigned Schools

These are the assigned schools for 308 3rd Street.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Central

At least 29 Trulia users voted on each feature.
  • 89%
    There are sidewalks
  • 80%
    It's dog friendly
  • 71%
    Parking is easy
  • 70%
    It's walkable to restaurants
  • 66%
    There's holiday spirit
  • 65%
    Car is needed
  • 63%
    People would walk alone at night
  • 61%
    Streets are well-lit
  • 57%
    Yards are well-kept
  • 52%
    Neighbors are friendly
  • 51%
    There's wildlife
  • 50%
    Kids play outside
  • 35%
    It's quiet
  • 34%
    There are community events
  • 33%
    It's walkable to grocery stores
  • 30%
    They plan to stay for at least 5 years
Learn more about our methodology.
  • Alicia B.
    "I regularly hit a few lights on my way out of town, but there’s never too much congestion. Parking can be spotty, however."
  • Trulia User
    "Great neighborhood. Many conveniences. Easy walk to downtown attractions. Recently restored half-mile Garnet Douglass Baltimore walking nature trail to Prospect Park. Home to the historic Gasholder House Building and Public Market Open Area. "
  • David Anthony
    "Washington Park and brownstone it’s beautiful people are friendly and it’s walking distance to the farmers market"
  • Niesreen M.
    "The dog owners do not clean up after their dogs and it’s freaking disgusting especially in the winter "
  • Sam H.
    "There's so much great stuff happening in the area. Lots of homes nearby are being beautifully restored and remodeled. There's so many great community organizations from Troy Bike Rescue to Capital District Community Gardens doing wonderful things to make this town a great place to live. Troy's unique history has lead to some unbelievably beautiful architecture and a wonderfully walkable city. Enjoy Troy!"
  • kesiena10
    "There has been a couple of stabbings in this area, and break ins. It is not a safe area to live in. There is barely ever any parking, loud neighbors, dirty side walks. Many of the houses on the block are not taken care off, and my gosh the road would wreck your cars alignment..."

LGBTQ Local Legal Protections

Robert Saumell Jr., KW Platform
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Judy Moriarty, Zillow, Inc., Corp. Broker
308 3rd Street, Troy, NY 12180 is a 12 bedroom, 4 bathroom, 4,854 sqft multi-family built in 1920. 308 3rd Street is located in South Central, Troy. This property is currently available for sale and was listed by Global MLS on May 28, 2025. The MLS # for this home is MLS# 202518235.