1405 State St

Schenectady, NY 12304

$325,000
Price
6
Beds
3,136 Sq. Ft.
$104 / Sq. Ft.
3,136
Sq. Ft.
$104
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New
IMG_7736
IMG_7732
IMG_7735
IMG_7746
IMG_7741
IMG_7743
IMG_7726
IMG_7742

Description

Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original...Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
  1. Listed by Andrea Tallman • KW Platform
    P: (518)-410-8050 C: (518)-410-8050 andreatallman@kw.com

Property Details for 1405 State Street

Architectural Style
Traditional
Waterfront
No
LISTING UPDATED: 06/10/2026 03:19 PM

Property Details for 1405 State Street

StatusActive
MLS #202619267
Days on MarketListed Today
Taxes$6,978 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Quadruplex
Year Built1984
Lot Size0.08 AC / 3,484 SF
CountySchenectady County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of KW Platform
Add your commute

Building Information for 1405 State Street

Stories-Residences4Year Built1984Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,201 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,620

Property Taxes

$582

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1405 State Street

Summary
Location and General Information
  • Postal City: Schenectady
  • Directions: State Street between Robinson and Haigh
  • City: Schenectady
  • State Or Province: NY
  • Postal Code: 12304
  • County Or Parish: Schenectady
  • Latitude: 42.80
  • Longitude: -73.92
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 45.000
  • Tax Block: 3
  • Parcel Number: 421500 49.60-3-45
  • Tax Tract: 49.60
  • Tax Annual Amount: $6,977.76
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: None
School Information
  • School District: Schenectady
  • High School: Schenectady
  • Elementary School: Paige
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1984
  • Lot Size Dimensions: 35 x 105
  • New Construction: No
  • Above Grade Finished Area: 3136.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3484.8
Building Information
  • Living Area: 3136.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 4
  • Separate Utilities : Number Of Separate Gas Meters: 4
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Window Features: Bay Window(s)
  • Patio And Porch Features: Rear Porch, Deck, Front Porch
  • Exterior Features: Other
Interior Features
  • Interior Features: High Speed Internet, Built-in Features, Crown Molding
  • Heating: Hot Water, Natural Gas
  • Roof: Shingle
  • Flooring: Tile, Ceramic Tile, Hardwood, Laminate
  • Basement: Full, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Cooling: No
  • Heating: Yes
  • Attic Features : Walk-Up: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Bedrooms Total: 6
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Unit Information : Number Of Refrigerators: 4
  • Unit Information : Number Of Stoves: 4
Income & Expenses Information
  • Insurance Expense: $2,000.00
  • Income And Expenses : Rental Income: $2,650.00
  • Income And Expenses : Rental Income Description: Monthly
  • Income And Expenses : Total Income: $3,600.00
  • Income And Expenses : Total Income Description: Estimated
  • Income And Expenses : Insurance Expense: $2,000.00
  • Income And Expenses : Insurance Expense Description: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 2
  • Unit Dining Room Type : Formal Dining Room: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
Unit 2
  • Rent: $800.00
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Detail : Total Bedrooms: 1
  • Unit Dining Room Type : Combined DRLR: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Built-in Features: Yes
  • Unit Amenities : Crown Molding: Yes
Unit 3
  • Rent: $925.00
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Detail : Total Bedrooms: 2
  • Unit Amenities : Bay Window(s): Yes
  • Unit Amenities : Built-in Features: Yes
  • Unit Amenities : Crown Molding: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Dining Room Type : Formal Dining Room: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
Unit 4
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Detail : Total Bedrooms: 1
  • Unit Dining Room Type : Combined DRLR: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Built-in Features: Yes
Rental
Rental Information
  • Tenant Pays: Internet, Electricity, Gas
  • Owner Pays: Sewer, Water

Property History for 1405 State Street

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Listed (Active)

GLOBAL MLS #202619267

$325,000—
Jun 1, 2026

Withdrawn

GLOBAL MLS #202612235

—
Feb 19, 2026

Price Change

GLOBAL MLS #202612235

$350,000—
DateEvent & SourcePrice
06/10/2026

Listed (Active)

GLOBAL MLS #202619267

$325,000
06/01/2026

Withdrawn

GLOBAL MLS #202612235

—
02/19/2026

Price Change

GLOBAL MLS #202612235

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1405 State Street

Taxable ValueLand$11,400Additions$117,000Total$128,400
Home Facts
Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtUnfinished Basement SqFt1,568 SqFtStories2Lot Size3,675 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Zoning03 - MULTI-FACountySCHENECTADYAPN421500 49.60-3-45

Schools near 1405 State Street

This home is within Schenectady City School District.
Rating
School
Type
Grades
Distance
Paige Elementary School
Public - PK to 5
Central Park International Magnet School
Public - 6 to 8
Schenectady High School
Public - 9 to 12
Tree of Life Christian Academy
Private - PK to 6
Rating
School
Distance
Paige Elementary School
PublicPK to 5

Central Park International Magnet School
Public6 to 8

Schenectady High School
Public9 to 12

Tree of Life Christian Academy
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 1405 State Street, Schenectady, NY 12304

1405 State Street is a multi-family home for sale in Schenectady, NY 12304. This listing's school district is Schenectady City School District. Nearby schools include Paige Elementary School, Central Park International Magnet School and Schenectady High School. 1405 State Street is a 6-bed, 4-bath, 3,136 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Platform

©2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.