Schenectady, NY 12304 · Schenectady County

A four-unit multifamily property in Schenectady, built in 1984 with about 3,136 square feet within the Schenectady school district. Per the remarks, three units are occupied by long-term tenants with recent rent increases, while one unit is vacant and ready for move-in or market rent. The roof is about four years old, utilities are separately metered, and the units feature hardwood floors, built-ins, and updated tile bathrooms. A large walk-up attic offers potential for future living space. The property sits on a bus line near downtown.
Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
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Ask Sharon for the comps31 facts pulled straight from the MLS listing.
Tax estimated at the Schenectady County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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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 203 active listings here, ranging from $19,000 to $156,200,000. Listings in this address fall under the Schenectady school district. Priced 16% above the Schenectady median of $279,000.
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KW Platform · Listed by Andrea Tallman (35076)
Contact: 518-410-8050
MLS #202619267 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Every change captured by Global MLS since this listing went live.
Public assessment record for the Schenectady roll · Schenectady school district · Apartments
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $128,400 | $212,618 | +13.3% |
| 2024 | $128,400 | $187,582 | +15.4% |
| 2023 | $128,400 | $162,532 | +3.8% |
| 2022 | $128,400 | $156,585 | +10.6% |
| 2021 | $128,400 | $141,566 |
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 2026-09-09. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.