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Downtown Schenectady Multifamily Homes & Duplexes for Sale

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  • 18 N Jay St, Schenectady, NY 12305
    18 N Jay St, Schenectady, NY 12305
    18 N Jay St, Schenectady, NY 12305
    /45

    $289,000

    • 4 Beds
    • 2 Baths
    • 2,290 Sq Ft

    18 N Jay St, Schenectady, NY 12305

    Great investment opportunity in the heart of Schenectady's vibrant Little Italy! This well-maintained 2-family home offers stable tenancy, strong cash flow and the flexibility to be owner-occupied. The remodeled 1st floor unit is currently vacant and features a spacious living room, eat-in kitchen, 2 bedrooms and a full bath. Previous tenant paid $1100/month. The 2nd floor unit includes a

    Brian Sinkoff Sinkoff Realty Group

    18 N Jay St, Schenectady, NY 12305
  • 619 Union St, Schenectady, NY 12305
    619 Union St, Schenectady, NY 12305
    619 Union St, Schenectady, NY 12305
    /27

    $525,000

    • 5 Beds
    • 6 Baths
    • 2,728 Sq Ft

    619 Union St, Schenectady, NY 12305

    Exceptional turn key investment opportunity. Mixed use building, with 4 residential rentals and one commercial long standing tenant located on first floor. Located in lower Union Street corridor. Many walkable amenities in downtown area of Schenectady. Near Union College, Mohawk Harbor, Rivers Casino, Proctors Theater, walking distance to pedestrian friendly Jay Street marketplace. Separate

    Anthony Durante Armida Rose Realty Group

    619 Union St, Schenectady, NY 12305
  • 525 Union St, Schenectady, NY 12305
    525 Union St, Schenectady, NY 12305
    525 Union St, Schenectady, NY 12305
    /60

    $1,850,000

    • 10 Beds
    • 14 Baths
    • 10,760 Sq Ft

    525 Union St, Schenectady, NY 12305

    Walk score 100! Newer building with a great rental history and 100% rented now! Walk to bars, movies, Union College, River's Casino and more! Parking included, this is a must see. Investors take notice today! PILOT still available.

    Sage Baltrusaitis Hunt ERA

    525 Union St, Schenectady, NY 12305
  • 15 Park Place, Schenectady, NY 12305
    15 Park Place, Schenectady, NY 12305
    15 Park Place, Schenectady, NY 12305
    /14

    $229,900

    • 4 Beds
    • 2 Baths
    • 2,258 Sq Ft

    15 Park Place, Schenectady, NY 12305

    First Fl Unit is Vacant! Great owner occupant or investor potential. Centrally located in Downtown Schenectady Walk to Union College, Little Italy, Jay Street, Proctors Theatre, and even Rivers Casino! Each unit has 2 bedrooms and w/d hookups in each unit. Updates galore; new flooring, oversized bathroom on first floor, large bedrooms. Some new windows, new hot water tank for first floor unit.

    Sam Thompson Thompson Real Estate Team

    15 Park Place, Schenectady, NY 12305
New York Schenectady Downtown Schenectady

Multi-Family Homes & Duplexes for Sale in Downtown Schenectady, Schenectady

Why Live in Downtown Schenectady

Downtown Schenectady, founded in 1661, is home to the historic Stockade District along the Mohawk River, featuring over 40 pre-Revolutionary War homes. The neighborhood offers a mix of new construction and historic buildings, with single-family homes primarily in the Stockade District and a variety of apartment buildings, row homes, and Italianate townhouses. The area is known for its walkability, numerous shops, and diverse dining options, including Johnny’s Italian American eatery and Perreca's Bakery. Residents enjoy green spaces like Front Street Park, which offers walking paths, sports facilities, and views of the Mohawk River. Union College, established in 1795, adds a collegiate atmosphere with its liberal arts and engineering programs. For entertainment, Proctors Theater hosts top-name shows, and the Rivers Casino & Resort offers a night out for adults. The Jay Street Marketplace features over 25 independent businesses, and the Schenectady Farmers Market operates from May through October. Annual events like Schenectady County Summernight and the St. George Greek Festival provide community engagement. Public transportation is accessible with frequent bus lines and an Amtrak station, and commuters can reach Troy in 14 miles and Albany in 18 miles via Interstate 890. The neighborhood's crime rate is lower than the national average, contributing to its appeal for urban living.

Learn more about living in Downtown Schenectady

Home Trends in Downtown Schenectady, NY

On average, homes in Downtown Schenectady, Schenectady sell after 460 days on the market compared to the national average of 48 days. The median sale price for homes in Downtown Schenectady, Schenectady over the last 12 months is $336,175, up 125% from the average home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$329,900
Median Townhouse Sale Price
$329,900
Average Price Per Sq Ft
$211
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$329,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
121%
How to Buy a Home How to Finance a Home How to Sell a Home

In Downtown Schenectady, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $229,900 to $1,850,000, there's something for every budget. As of May, 2025 the median home price in Downtown Schenectady, Schenectady is $329,900, while the average sale price is $336,175, providing insight into local market trends. On average, multi-family homes spend 460 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Schenectady, Schenectady.

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