Four-Unit Multifamily
For Sale
$325,000
1405 State Street, Schenectady, NY 12304
MULTI_FAMILY - Other - Schenectady, NY
Property Size3,136 SF
Lot Size0.08 Acres
Price / SF$103.64
Days on Market61
Property Features for 1405 State Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Window features
Bay Window(s)
Patio and Porch features
Porch, Deck
Interior features
High Speed Internet, Built-in Features, Crown Molding
Basement
Full, Unfinished
Elementary school
Paige
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
State Street between Robinson and Haigh
Standard status
Active
APN
421500 49.60-3-45
Size
3,136 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
6978
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Building Details
Year built
1984
Number of units
4
Flooring type
Tile, Hardwood, Tile - Ceramic, Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Andrea Tallman · License #10401378283
(518) 410-8050
Added: Jun 10
Changed: Jul 24
Last Checked: Aug 9 at 5:06PM
MLS# 202619267
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.
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes three occupied units and one vacant unit ready for move-in. The building has a roof that is approximately four years old and provides separate utility meters for each unit. Interiors feature original character elements such as hardwood flooring and built-ins, along with updated tile bathrooms. An additional highlight is a massive walk-up attic that offers room for future expansion into additional living space, subject to applicable approvals.
The property is located on a direct bus line in Schenectady, supporting convenient transit access. The surrounding area is described as having a strong neighborhood presence, with the property positioned for proximity to downtown restaurants and other amenities.
For investors and owner-occupants, the mix of long-term tenancy and available unit creates an opportunity to stabilize or reposition occupancy. With one unit available now and separate utilities in place, this property is suited to operators looking for straightforward unit management and interior finishes that already include hardwood floors, built-ins, and updated tile bathrooms. For additional details and interior views, contact the listing agent.
The property is located on a direct bus line in Schenectady, supporting convenient transit access. The surrounding area is described as having a strong neighborhood presence, with the property positioned for proximity to downtown restaurants and other amenities.
For investors and owner-occupants, the mix of long-term tenancy and available unit creates an opportunity to stabilize or reposition occupancy. With one unit available now and separate utilities in place, this property is suited to operators looking for straightforward unit management and interior finishes that already include hardwood floors, built-ins, and updated tile bathrooms. For additional details and interior views, contact the listing agent.
Key Highlights
- Four‑unit multifamily property built in 1984
- Roof is approximately 4 years old, plus separate utility meters for the units
- Hardwood, ceramic tile, tile, and laminate flooring throughout
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 12304, NY
21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with a newer roof, separate utility meters, and updated interiors, plus a walk-up attic for added living space.
Where is this quadplex located?
The property is located at 1405 State Street Schenectady, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1984; Roof is approximately 4 years old, plus separate utility meters for the units; Hardwood, ceramic tile, tile, and laminate flooring throughout
