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  • $230,000

    227-229 Elm Street, Schenectady, NY 12304

    4beds
    2,375sqft
    Duplex, Multi Family
    Built in 1994
    -- sqft lot
    $232,700 Zestimate®
    $97/sqft
    $1,882 Estimated rent

    Home value

    $232,700

    $165,000 - $328,000

    $1,882/mo

    Zestimate® history
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    Owner options

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    $1,882/mo

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    $1,882/mo

    Rent Zestimate®

    Refinance and save

    $1,402/mo

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    $1,402/mo

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    What's special

    Dedicated laundry room area
    Turnkey two-unit investment opportunity in Schenectady's Central State Street neighborhood! This duplex offers nearly 2,400 sq ft of livable space with income potential for both new and seasoned investors — or the perfect setup for an owner-occupant looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 full bath, a spacious living room ideal for comfortable everyday living, an eat-in kitchen with ample cabinet space, and a dedicated laundry room area for added convenience. The functional layouts make these units attractive to long-term tenants while remaining easy to manage. Additional highlights include off-street parking for two vehicles and a decent-sized backyard offering outdoor space for relaxation or tenant enjoyment — a valuable amenity in this market. The property was recently inspected with no major defects identified, providing added confidence and peace of mind. Whether you're looking to expand your portfolio, create a solid cash-flowing asset, or begin building equity through owner occupancy, this property presents flexibility and long-term upside in a steadily improving rental market. A smart addition to any portfolio — or a strategic first step into real estate investing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorenzo C Murray 617-212-7290,

    Hunt ERA,

    Your Home at Hunt Real Estate ERA Team,

    Hunt ERA

    Bought with:

    M Bridgette Frankow-Mucha, 40FR1094817

    KW Platform

    Source: Global MLS,MLS#: 202612021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), High Speed Internet
    • Flooring: Tile, Carpet, Linoleum
    • Basement: None
    Interior area
    • Total structure area: 2,375
    • Total interior livable area: 2,375 sqft
    • Finished area above ground: 2,375
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Paved, Driveway
    • Has uncovered spaces: Yes
    Features
    • Exterior features: None
    • Fencing: None
    Lot
    • Size: 4,791 Square Feet
    • Features: Level, Sloped, Cleared
    Details
    • Additional structures: None
    • Parcel number: 421500 49.52229
    • Zoning description: Multi Residence
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1994

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Schenectady

    Financial & listing details

    • Price per square foot: $97/sqft
    • Annual tax amount: $7,494
    • Date on market: 3/2/2026
    • Tenant pays: Internet, Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    5/13/2026Sold$230,000-4.1%$97/sqft
    Source: Global MLS #202612021 Report a problem
    4/1/2026Pending sale$239,900$101/sqft
    Source: Global MLS #202612021 Report a problem
    3/18/2026Price change$239,900-5.9%$101/sqft
    Source: Global MLS #202612021 Report a problem
    3/2/2026Listed for sale$254,900$107/sqft
    Source: Global MLS #202612021 Report a problem
    2/26/2026Pending sale$254,900$107/sqft
    Source: Global MLS #202612021 Report a problem
    2/14/2026Listed for sale$254,900+201.7%$107/sqft
    Source: Global MLS #202612021 Report a problem
    7/16/2004Sold$84,500$36/sqft
    Source: Global MLS #2326462 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central State Street

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $232,700
    2% more
    +$4,654
    With Zillow Showcase(estimated)
    $237,354