Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.
Active
$225,000
4 Homestead Avenue, Schenectady, NY 12304
3beds
1,020sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$240,800 Zestimate®
$221/sqft
$-- HOA
What's special
- 1 day
- 326
- 33
Zillow last checked:
Listing updated:
Listed by:
Keyology Realty 518-212-7177,
Alicia C Everett 518-813-3540
Source: Global MLS,MLS#: 202625818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Electric
Cooling
- Ductless
Appliances
- Laundry: In Basement
Features
- Flooring: Vinyl
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
- Finished area above ground: 1,020
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Paved, Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Rear Porch, Composite Deck, Front Porch
- Exterior features: None
Lot
- Size: 3,920 Square Feet
Details
- Additional structures: Garage(s)
- Parcel number: 012689 16.8217
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Schenectady
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $79,000
- Annual tax amount: $3,925
- Date on market: 9/10/2026
- Tenant pays: DSL Internet, Electricity
Estimated market value
$240,800
$219,000 - $265,000
$1,720/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $225,000+32.4%$221/sqft |
Source:  Global MLS #202625818 Report a problem | ||
| 11/6/2022 | Listing removed | $169,900+13.3%$167/sqft |
Source: Global MLS #202132460 Report a problem | ||
| 9/16/2022 | Sold | $150,000-11.7%$147/sqft |
Source: Global MLS #202132460 Report a problem | ||
| 1/19/2022 | Pending sale | $169,900$167/sqft |
Source: Global MLS #202132460 Report a problem | ||
| 11/27/2021 | Price change | $169,900-1.7%$167/sqft |
Source: Global MLS #202132460 Report a problem | ||
| 11/13/2021 | Listed for sale | $172,900+117.5%$170/sqft |
Source: Global MLS #202132460 Report a problem | ||
| 3/4/1992 | Sold | $79,500$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $79,000 |
| 2024 | -- | $79,000 |
| 2023 | -- | $79,000 |
| 2022 | -- | $79,000 |
| 2021 | -- | $79,000 |
| 2020 | -- | $79,000 |
| 2019 | -- | $79,000 |
| 2018 | -- | $79,000 |
| 2017 | -- | $79,000 |
| 2016 | -- | $79,000 |
| 2015 | -- | $79,000 |
| 2014 | -- | $79,000 |
| 2013 | -- | $79,000 |
| 2012 | -- | $79,000 |
| 2011 | -- | $79,000 |
| 2010 | -- | $79,000 |
| 2009 | -- | $79,000 |
| 2008 | -- | $79,000 |
| 2007 | -- | $79,000 |
| 2006 | -- | $79,000 |
| 2005 | -- | $79,000 |
| 2004 | -- | $79,000 |
| 2003 | -- | $79,000 |
| 2002 | -- | $79,000 |
| 2001 | -- | $79,000 |
| 2000 | -- | $79,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12304
Nearby schools
Schools provided by the listing agent
- High: Colonie Central HS
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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