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Duplex with Detached Garage
New
For Sale
$274,900

2017 Avenue B, Schenectady, NY 12308

MultiFamily, Schenectady, NY

Property Size1,940 SF
Lot Size0.12 Acres
Price / SF$141.70
Days on Market2

Property Features for 2017 Avenue B

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Parking 5
Parking features Driveway, Garage
Patio and Porch features Porch, Deck
Interior features High Speed Internet, Built-in Features
Basement Unfinished
Lot features Level, Cleared
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions Nott st to Avenue B
Standard status Active
APN 421500 39.36-2-27
Size 1,940 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 4570

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas, Forced Air, Hot Water(Heating)

Amenities

washer/dryer hookups

Building Details

Year built 1905
Number of units 2
Flooring type Vinyl, Laminate, Hardwood
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: CKM Team Realty
Listed By: Harold Baldwin · License #10301212385
Added: Oct 6 Last Checked: Oct 7 at 5:06AM
MLS# 202627695

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 1,940-square-foot duplex contains two units, with hardwood flooring throughout. Both have updated kitchens and appliances, updated windows, and washer and dryer hookups. The first-floor unit is served by a high-efficiency furnace. Vinyl siding, a porch, and a deck add to the property’s existing features.

The 0.12-acre property includes a detached three-car garage with power and a concrete floor, along with off-street parking. Union College and Ellis Hospital are within walking distance. The home was built in 1905 and connects to public sewer.

Key Highlights

  • Two‑unit duplex with 1,940 square feet of living area
  • Detached three‑car garage has power and a concrete floor
  • 0.12‑acre parcel with off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,093
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,860 $441.9K
Cap Rate 7%
$315,614 $315.6K
Cap Rate 9%
$245,478 $245.5K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$33.8K $17.40/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$31.6K $16.27/SF
− OpEx
−$9.5K −$4.88/SF
NOI
$22.1K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,860
Cap Rate 7%
$315,614
Cap Rate 9%
$245,478

Alternative Uses

Best Use
Multifamily LT 5
$315.6K
$276.2K – $368.2K (±1% cap)
NOI $22,093 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K (±1% cap)
NOI $19,817 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$580.7K
$508.1K – $677.5K (±1% cap)
NOI $40,647 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

Demographics for 12308, NY

15,285
Population
6,442
Households
2.4
Avg Household Size
31
Median Age
29%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,646
Density / Sq Mi
$59,789
Median Household Income
$35,966
Median Earnings
$1,159
Median Rent
$180,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature hardwood floors, refreshed kitchens, and separate utility meters.
Where is this duplex located?
The property is located at 2017 Avenue B Schenectady, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,940 square feet of living area; Detached three‑car garage has power and a concrete floor; 0.12‑acre parcel with off‑street parking
More about this property
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