Sold · listed at $295,999
Schenectady, NY 12307 · Schenectady County

This 1910 triplex at 114 Victory Ave in Schenectady offers three units across about 2,832 square feet, in the Schenectady School District. The remarks describe it as a turnkey investment with three income-generating units, separate gas and electric for tenants, and functional layouts with a steady rental history. The listing points to a central location near amenities, public transit, and highway access. With five bedrooms and three baths total, it is positioned for investors or owner-occupants.
Excellent investment opportunity in Schenectady! This turnkey three-unit multifamily property at 114 Victory Ave is perfect for investors looking to expand their portfolio or owner-occupants wanting their tenants to pay their mortgage.Property HighlightsStrong Cash Flow: Three distinct income-generating units under one roof.Prime Location: Situated in the heart of Schenectady, close to local amenities, public transit, and highway access.Separate Utilities: Tenants pay their own gas and electric, keeping landlord expenses low.Great Layouts: Spacious rental units with functional floor plans and steady rental history.Whether you are looking for a reliable stream of passive income or a smart house-hack opportunity, this property delivers incredible value. Schedule your tour today and capitalize on the strong rental market in the Capital Region!
36 facts pulled straight from the MLS listing.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Schenectady is in Schenectady County, NY. There are currently 204 active listings here, ranging from $19,000 to $156,200,000. Listings in this address fall under the Schenectady school district.
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NH Capital Realty LLC · Listed by Joshua Abossey (38420)
Contact: 518-892-1329
MLS #202617964 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Activity across 3 MLS listings of this property.
Public assessment record for the Schenectady roll · Schenectady school district · Three Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $60,300 | $99,851 | +13.3% |
| 2024 | $60,300 | $88,093 | +15.4% |
| 2023 | $60,300 | $76,329 | +3.8% |
| 2022 | $60,300 | $73,537 | +10.6% |
| 2021 | $60,300 | $66,483 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-14. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.