Renovated Duplex with Partially Finished
1831 Eastern Parkway, Schenectady, NY 12309
New
MULTI_FAMILY - Other - Schenectady, NY
Property size:
2,900 SFLot size:
0.13 AcresPrice / SF:
$137/SF- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 8:06 am
Property Features for 1831 Eastern Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4
- Parking
- 4
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Basement
- Full, Unfinished
- Standard status
- Active
- APN
- 421500 50.30-2-23
- Size
- 2,900 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7151
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Aluminum Siding
- Roof type
- Shingle, Rubber, Asphalt
- Architectural style
- Other
Listing agent Jillian Breck License #10401347799 (518) 225-4799
Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY (518) 371-4500
Listing date Jun 12, 2026
MLS# 202619561
Listing URL
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1920 with two separate units, offering 3 bedrooms/1 full bath on the first floor and 2 bedrooms/1 full bath on the second floor
- Partially finished attic on the second‑floor unit adds extra usable space for office, recreation, or storage
- Recently renovated units with updated bathrooms, new flooring, and fresh paint throughout
- Roof is 5 years old; features include shingle/asphalt roofing with rubber and asphalt materials
- Central air conditioning and forced‑air natural gas heat; utilities include cable available, with public water and public sewer
- Private driveway provides off‑street parking; porch on the property
Overview
This property at 1831 Eastern Parkway is a two-unit duplex with two full residential units plus a partially finished attic on the second floor. The first-floor apartment is configured with 3 bedrooms and 1 full bathroom. The second-floor unit offers 2 bedrooms and 1 full bathroom, along with attic space that can support additional living use. The duplex has been recently renovated, including updated bathrooms, new flooring, fresh paint, and modern finishes throughout. The roof is approximately 5 years old. A private driveway provides convenient off-street parking. The property is listed under Multi Residence zoning and sits on a 0.13-acre lot with a total building area of 2,900 square feet.
Located in Schenectady, New York (12309), the home is described as being near shopping, restaurants, schools, parks, public transportation, and major highways, supporting straightforward everyday access.
For buyers or owner-occupants, the layout offers a clear live-in and rent arrangement, with one unit delivered vacant at closing. For investors, the duplex configuration provides two separate units within the same building, with renovations already completed and off-street parking available for occupants.
Located in Schenectady, New York (12309), the home is described as being near shopping, restaurants, schools, parks, public transportation, and major highways, supporting straightforward everyday access.
For buyers or owner-occupants, the layout offers a clear live-in and rent arrangement, with one unit delivered vacant at closing. For investors, the duplex configuration provides two separate units within the same building, with renovations already completed and off-street parking available for occupants.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.5k | $17.40 |
| − Vacancy | −$3.3k | −$1.13 |
| EGI | $47.2k | $16.27 |
| − OpEx | −$14.2k | −$4.88 |
| NOI | $33.0k | $11.39 |
2,900 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.8K
$412.8K – $550.4K
NOI $33,026 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$423.2K
$370.3K – $493.7K
NOI $29,623 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$868.0K
$759.5K – $1.01M
NOI $60,761 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.907675
- Latitude
- 42.805113
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Renovated two-unit duplex with off-street parking and attic flex space; one unit vacant at closing.
Where is this duplex located?
The property is located at 1831 Eastern Parkway Schenectady, NY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex built in 1920 with two separate units, offering 3 bedrooms/1 full bath on the first floor and 2 bedrooms/1 full bath on the second floor; Partially finished attic on the second‑floor unit adds extra usable space for office, recreation, or storage; Recently renovated units with updated bathrooms, new flooring, and fresh paint throughout
