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    Five-Unit Multifamily Investment Opportunity
    Updated: Dec 2, 2025
    Five-Unit Multifamily Investment Opportunity

    714 Union Street, Schenectady, NY 12305

    $495,000
    2,932 sqft 0.09 AC lot
    Five‑unit multifamily building with approximately 2,932 SF and three stories
    Built in 1984 and set on a 28‑by‑150‑foot lot with municipal water and public sewer
    Zoned for multi‑family use with public utilities and off‑street parking via a shared driveway
    Flat roof with aluminum siding
    Heating includes electric baseboard; cooling provided by window unit(s)
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    This listing looks promising.

    Here's a quick look at some key insights for

    714 Union Street, Schenectady, NY 12305

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $428K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1984
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    Turnkey Townhome Portfolio for Sale
    Updated: May 22
    Turnkey Townhome Portfolio for Sale

    1001-1015 Barrett St, Schenectady, NY 12305

    $2,100,000
    11,000 sqft 0.25 AC lot
    8 consecutive townhomes on a single lot in Downtown Schenectady (portfolio of eight units)
    Built in 2013 with stucco construction and a mix of hardwood and carpet flooring
    Unit layout: 2 bedrooms + bonus room and 1.5 bathrooms per townhome
    In‑unit washer/dryer and central heating & air conditioning in each home
    Each unit includes private garage parking
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    Brick Multifamily Investment Near Union College
    Brick Multifamily Investment Near Union College

    1011 Union Street, Schenectady, NY 12308

    $1,590,000
    10,809 sqft 0.19 AC lot

    16-unit multifamily property near Union College with high returns.

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    Turnkey Two-Building Apartment Portfolio
    Turnkey Two-Building Apartment Portfolio

    1114 Union Street, Schenectady, NY 12308

    $1,700,000
    9,905 sqft

    Two fully occupied five-unit apartment buildings are offered together with off-street parking and recent apartment renovations.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Brick Multifamily Investment Near Union College
    Brick Multifamily Investment Near Union College

    1011 Union Street, Schenectady, NY 12308

    $1,590,000
    10,809 sqft 0.19 AC lot

    16-unit multifamily property near Union College with high cap rate.

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    Schenectady Multi-Family Opportunity
    Schenectady Multi-Family Opportunity

    1002 Davis Terrace, Schenectady, NY 12303

    $70,000
    1,600 sqft 0.11 AC lot

    Five-unit building in Schenectady requiring a variance for multi-family use.

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    Schenectady Five-Unit Investment Opportunity
    Schenectady Five-Unit Investment Opportunity

    609 McClellan Street, Schenectady, NY 12304

    $387,500
    2,542 sqft 0.11 AC lot

    Well-maintained five-unit property with income potential in Schenectady, NY.

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    Updated Condo in Schenectady
    Updated Condo in Schenectady

    1976 Curry Road #E-136, Schenectady, NY 12303

    $210,000
    1,025 sqft

    Move-in ready, updated 2-bedroom condo near shopping and dining.

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    Two-Building Multifamily Portfolio
    Two-Building Multifamily Portfolio

    1084 Wendell Ave, Schenectady, NY 12308

    $1,700,000

    Two multifamily buildings totaling 10 units, with recently renovated interiors and current full occupancy.

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    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    714 Union Street, Schenectady, NY 12305

    $495,000
    2,932 sqft 0.50 AC lot

    Three-story five-unit building on municipal water and sewer with off-street parking via shared driveway.

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    Two Apartment Buildings For Sale
    Two Apartment Buildings For Sale

    4 River Street, Schenectady, NY 12305

    $1,479,000

    Two buildings totaling 12 units in Schenectady County, NY.

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    Renovated Two-Building Multifamily
    Renovated Two-Building Multifamily

    1084 Wendell Ave, Schenectady, NY 12308

    $1,700,000

    Two multifamily buildings totaling 10 units, recently renovated and fully leased.

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    Small Multifamily Apartment Building
    Small Multifamily Apartment Building

    1002 Davis Terrace, Schenectady, NY 12303

    $70,000
    1,600 sqft

    Five-unit apartment building in Schenectady, classified as apartments and located in an R-1 single-family zoned area.

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 13 Active listings in Schenectady, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Watervliet 7-Unit Multifamily Building
    Watervliet 7-Unit Multifamily Building

    19 Idlewild Park, Watervliet, NY 12189

    $4,400,000
    5,488 sqft

    Well-maintained 7-unit building in Watervliet, NY with parking.

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    Watervliet Multifamily Investment Opportunity
    Watervliet Multifamily Investment Opportunity

    201 13th St # 209, Watervliet, NY 12189

    $4,400,000
    11,296 sqft

    Well-maintained 10-unit building with diverse layouts in Watervliet, NY.

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    Turnkey Restaurant with Apartments Above
    Turnkey Restaurant with Apartments Above

    465 Madison Avenue, Albany, NY

    $489,000
    3,200 sqft

    Mixed-use property featuring a restaurant and two apartments for sale.

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    Renovated Mixed-Use Apartment and Retail
    Renovated Mixed-Use Apartment and Retail

    260 Washington Avenue Unit 260, Albany, NY 12210

    $2,600,000

    Completely renovated building with 14 apartments and a ground-floor retail space with frontage on Washington Avenue.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Schenectady, NY

    Consider similar Off-Market properties in Schenectady, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1866 Altamont Ave
    Multifamily properties

    1866 Altamont Ave, Schenectady, NY 12303

    Value Estimation by Request
    1.01 AC lot
    View details
    1411 Union St
    Retirement homes

    1411 Union St, Schenectady, NY 12308

    Value Estimation by Request
    12,700 sqft 0.40 AC lot
    View details

    Schenectady, NY Apartment Buildings Market Trends and Statistics

    Explore 15 apartment buildings for sale in Schenectady, NY, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 55,154 square feet of properties for sale, with an estimated market value of $8,707,500.

    Sale prices for two-family homes in Schenectady, NY start at $70,000, averaging $870,750, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 170K
    Population Growth (5Y) +11.2%
    Median Household Income $82,885
    College Educated 34.7%

    High-Yield Neighborhoods for Investment

    Identify Schenectady submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12303 $185K
    12306 $249K
    12307 $269.8K
    12304 $387.5K
    12305 $1.1M

    Listings Trend

    New vs delisted commercial listings in Schenectady County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Schenectady County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Schenectady fall within the 25,000 to 50,000 square foot range.

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    Popular Searches in Schenectady, NY

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    Most Searched ZIP Codes in Schenectady, NY

    • 12305
    • 12308
    • 12303
    • 12304

    Featured Schenectady Real Estate Agencies

    Realmo connects you with licensed Schenectady CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Miranda Real Estate Group Inc
    1801 Altamont Ave Ste 1 Schenectady, NY
    Phone: 15183561701

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