Back 240 4th St
Off Market

240 4th St

Troy NY 12180

6
2
2024 sq. ft.
3049.2 sq. ft.
Duplex
Last sold for $254,500
Heather Hamlin MartinHeather Hamlin Martin, last sold this property on 17 July 2026 after 54 days on market.

Overview

Live in the heart of Little Italy and right around the corner from Washington Park and take advantage of an opportunity that blends lifestyle and income potential. This well-maintained two-family property offers a proven rental history, a strong 9% cap rate and one open unit, making it appealing for investors and owner-occupants. Each unit features three spacious bedrooms, updated kitchens, and abundant natural light. Separate utilities provide efficiency and ease of management, while the basement laundry adds convenience for all residents. If that's not enough, the walk-up attic presents valuable unfinished space, ideal for a home office or studio. Enjoy a highly walkable location near Troy's thriving downtown, with easy access to local shops, restaurants, HVCC, Rensselaer Tech Park, the Hudson Mohawk Bike Trail, and CDTA transit lines. Combined with low taxes, this property delivers both immediate returns and long-term potential. Schedule your showing today!

Features

6 bedrooms
2 bathrooms
2024 sq. ft. floor area
3049.2 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Troy over the last 12 months, the estimated median property value of 240 4th St is $230k.

Median value
$230k
Estimated value range
$36k - $560k
Median days on market
11
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Troy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 240 4th St

2026
Sold
$254,500
17 Jul 2026 by Heather Hamlin Martin, of Keller Williams Capital Dist
2021
Sold
$150,000
04 Mar 2021 by Jolene Morris, of Howard Hanna
2017
Sold
$67,100
01 Dec 2017 by Melissa Hems, of Berkshire Hathaway Blake

Happy sellers in Troy

85%
85% of sellers in Troy reported that their sale price either exceeded or met their price expectations.

Troy stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Troy over the last 12 months.

Local market activity for 6 bedroom duplexes in Troy

In the last 12 months, 48 six-bedroom duplexes similar to 240 4th St, have been sold.

This represents a 25% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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