Schenectady, NY 12308 · Schenectady County

This 1910 Schenectady home offers four bedrooms, 1.5 bathrooms, and 2,429 square feet across a classic layout with period character. The property includes a sunken flex room with wood ceiling, full basement, fireplace, and pellet stove, along with recent upgrades: new roof with transferable warranty, new sewer line to city, ductless air conditioning, and updated boiler. A detached two-car garage and fenced backyard add convenience and privacy. Located in downtown Schenectady near Union College, Proctors, and a revitalized neighborhood, this home blends historic appeal with modern systems.
OPEN HOUSE Sunday 9/13 11am-1pm Welcome to 518 Rankin Ave, a charming Schenectady home filled with character, warmth, and thoughtful updates. Offering 4 bedrooms, including a spacious primary bedroom with a walk-in closet, this home provides plenty of room to spread out. The inviting living room flows into a beautiful formal dining room and generously sized kitchen. This home also features a unique sunken flex space featuring a gorgeous wood ceiling--an ideal spot for a home office, reading nook, playroom, or additional gathering space. With 1.5 updated bathrooms and an abundance of original charm throughout, this home blends character with everyday functionality. Outside, enjoy the privacy and convenience of a fully fenced backyard and a detached two car garage, and a lovely side perennial garden. Major recent improvements include a brand-new roof with a transferable warranty (2026), new main sewer line to the city (2021), ductless A/C system (2020), and a newer boiler (2023). With its combination of space, character, and important mechanical updates, 518 Rankin Ave is ready to welcome its next owner. Schedule your private showing today or come to the open house!
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Schenectady is in Schenectady County, NY. There are currently 201 active listings here, ranging from $19,000 to $156,200,000. Listings in this address fall under the Schenectady school district. Priced 7% above the Schenectady median of $279,900.
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Romeo Team Realty · Listed by Megan Morse (34511)
Contact: 518-821-2483
MLS #202625808 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Activity across 2 MLS listings of this property.
Public assessment record for the Schenectady roll · Schenectady school district · One Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $136,300 | $225,700 | +13.3% |
| 2024 | $136,300 | $199,123 | +15.4% |
| 2023 | $136,300 | $172,532 | +3.8% |
| 2022 | $136,300 | $166,220 | +10.6% |
| 2021 | $136,300 | $150,276 |
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 2026-09-10. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.