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Downtown Troy Home for Sale

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    $379,000

    $46K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 3,392 Sq Ft

    2215-2217 5th Ave, Troy, NY 12180

    Welcome to 2215 5th Avenue, a thoughtfully updated side-by-side two-family home offering the perfect blend of owner-occupancy flexibility and investment potential. Renovated in 2020, this unique property provides enhanced privacy with no neighbors living above or below. The spacious primary residence lives like a single-family home, featuring 4 bedrooms, 2 full bathrooms, soaring ceilings,

    Daniella Browne Four Seasons Sothebys International Realty

    2215-2217 5th Ave, Troy, NY 12180

Why Live in Downtown Troy

Downtown Troy is a vibrant neighborhood on the banks of the Hudson River. Once known for its textile industries, today it draws Hipsters, techies and artists for its trendy vibes and walkable streets. The area's historic 19th-century homes and quintessential brownstones have been featured in shows, including The Gilded Age. Housing options include Victorian and Belle Epoque architecture, many of which have been restored or converted into multifamily residences. Along River Street, boutique windows display fresh fashions by contemporary designers. Downtown also has an eclectic dining and nightlife scene, with popular spots like The Dutch Udder Craft Ice Cream and No Fun, a performance venue and bar. Hoosick Street, about 3 miles away, has national grocery stores. Smaller convenience stores are within walking distance, and the farmers' market runs on Saturdays. Green spaces such as Riverfront Park, Prospect Park, and Frear Park are nearby for strolls, playground visits, and a range of recreation, including golf. Major events include the Troy Victorian Stroll in December and Rockin' on the River concerts in the summer. The Troy City School District earns a B rating from Niche and Troy High School scores a B plus. Downtown Troy is compact and walkable, with CDTA bus routes and the Albany-Rensselaer Amtrak Station 8 miles away. Samaritan Hospital is centrally located within Troy, and Albany International Airport is 10 miles west.

Downtown Troy Home Prices vs. Nearby Troy, NY Neighborhoods

Downtown Troy Saratoga Springs Williamstown Chatham
Median Home Price
$849,000
$889,500
$599,000
$695,000
Median Sale Price
$830,000
+91% YoY
$777,000
+13% YoY
$547,000
+17% YoY
$555,000
-24% YoY
Median Single Family Price
$830,000
$785,000
$625,000
$649,900
Median Townhouse Price
--
$670,000
$1,090,000
$828,000
Total Active Listings
0 listings
161 listings
29 listings
36 listings
Market Conditions
0 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
5 Months of Supply
Balanced Market
4 Months of Supply
Balanced Market

Frequently Asked Questions

Is Downtown Troy a good place to live?
Downtown Troy is a good place to live. Downtown Troy is considered somewhat walkable and bikeable with excellent transit options. Downtown Troy is a suburban neighborhood. Downtown Troy has 8 parks for recreational activities. It is very dense in population with 23.0 people per acre and a median age of 34. The average household income is $72,262 which is below the national average. College graduates make up 49.6% of residents. A majority of residents in Downtown Troy are renters, with 94% of residents renting and 6% of residents owning their home. A local real estate agent serving Downtown Troy can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Troy neighborhood guide.
Is Downtown Troy, NY a safe neighborhood?
Downtown Troy, NY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Downtown Troy?
The median home price in Downtown Troy is $849,000. If you put a 20% down payment of $169,800 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $4,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $187K a year to afford the median home price in Downtown Troy. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Troy is $72K.
What are the best public schools in Downtown Troy?
The best public schools that serve Downtown Troy are:
  • Troy High School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 3.8.
  • Troy Middle School has a B- Niche grade, a student teacher ratio of 9:1 and an average review score of 3.5.
  • P.S. 14 has a B- Niche grade and a student teacher ratio of 10:1.
What are the best private schools in Downtown Troy?
The best private schools that serve Downtown Troy are:
What are the most popular zip codes in Downtown Troy, Troy, NY?
The most popular zip codes in Downtown Troy, Troy, NY include 12180, 12189, 12047, 12182 and 12211.
What are the most popular neighborhoods near Downtown Troy, Troy, NY?
The most popular neighborhoods near Downtown Troy, Troy, NY are North Central, The Hill, South Central, South Troy and Lansingburgh.
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