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.
Active
$325,000
1405 State Street, Schenectady, NY 12304
6beds
3,136sqft
Quadruplex, Multi Family
Built in 1984
-- sqft lot
$320,400 Zestimate®
$104/sqft
$-- HOA
What's special
Beautiful built-insOriginal charmSpacious unitsHardwood flooringUpdated tile bathroomsMassive walk-up attic
- 19 days |
- 643 |
- 36 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-724-5800,
Andrea Tallman 518-410-8050
Source: Global MLS,MLS#: 202619267
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- High Speed Internet, Built-in Features, Crown Molding
- Flooring: Tile, Ceramic Tile, Hardwood, Laminate
- Windows: Bay Window(s)
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
- Finished area above ground: 3,136
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Patio & porch: Rear Porch, Deck, Front Porch
- Exterior features: Other
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 421500 49.60345
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Schenectady
Financial & listing details
- Price per square foot: $104/sqft
- Annual tax amount: $6,977
- Date on market: 6/10/2026
- Tenant pays: Internet, Electricity, Gas
Estimated market value
$320,400
$304,000 - $336,000
$1,633/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $325,000$104/sqft |
Source: | ||
| 6/1/2026 | Listing removed | $325,000$104/sqft |
Source: NY State MLS #11659718 Report a problem | ||
| 4/17/2026 | Price change | $325,000-7.1%$104/sqft |
Source: | ||
| 2/19/2026 | Listed for sale | $350,000+170.3%$112/sqft |
Source: | ||
| 6/1/2013 | Listing removed | $520 |
Source: Prudential Manor Homes, REALTORS #201314947 Report a problem | ||
| 3/27/2013 | Listed for rent | $520 |
Source: Prudential Manor Homes, REALTORS #201314947 Report a problem | ||
| 11/11/2005 | Sold | $129,500$41/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central State Street
Nearby schools
GreatSchools rating
- 4/10Paige Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Central Park International Magnet SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Schenectady High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Paige
- High: Schenectady
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Schenectady County
- Schenectady
- 12304
- Central State Street
- 1405 State Street



