4 River Street, Schenectady, NY 12305
Property image
Property image
FOR SALE
NEW - 9 HRS AGO

$750,000

  • 12 Beds
  • 6.5 Baths
  • 5,829 sqft

4 River Street, Schenectady, NY 12305

Stockade
Est. Mortgage $5,343/mo*
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Home Highlights

Property Type
Multi-Family
Year Built
1950
Price/Sqft
$129

Local Information

  • Map ViewExplore the area around 4 River Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000

Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual electric heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path.

Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value.

A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.
Last check for updates: about 8 hours ago
Listing by: Carrow Real Estate Services LLC, (518) 462-7491
Craig Clermont, (518) 369-2729
Source: Global MLS, MLS#202625284
Also Listed on Global MLS.

Home Details for 4 River Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Unfinished
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 7Number of Bathrooms (full): 6Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5829 Square Feet
Heating & Cooling
Heating: ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Spa

Exterior Features

Exterior Home Features
Exterior: None
Frontage
WaterfrontWaterfront: OtherOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Erie Canal
Finished Area
Finished Area (above surface): 5829 Square Feet

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentStructure Type: Apartment 4 Plus UnitArchitecture: Apartment 4 Plus Unit
Building
Construction Materials: BrickAttached To Another Structure
Property Information
Parcel Number: 421500 39.56211.1

Price & Status

Price
List Price: $750,000Price Per Sqft: $129
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Schenectady
School Information
High School: SchenectadyHigh School District: Schenectady

Agent Information

Listing Agent
Listing ID: 202625284

Building

Building Area
Building Area: 5829 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Listing Info

Special Conditions: Standard

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

BasementMls Number: 202625284Above Grade Unfinished Area: 5829Showing Requirements: Showing Service

Around this home

Neighborhood Overview

Stockade
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Stockade

At least 1 Trulia users voted on each feature.

  • 100 % Say it's walkable to restaurants

  • 100 % Say neighbors are friendly

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say parking is easy

  • 50 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Walkable to transportation"
    0
    Flag
  • Eileenmwayne
    "It is a dog friendly neighborhood people pick up after their dogs and are friendly when they see you out walking your dog"
    1
    Flag
  • James T.
    "I've lived in this neighborhood for about 12 yrs, pedestrian friendly, great and helpful neighbors. Perfect location too with in walking distance of Train, bus etc."
    5
    Flag
  • Gallionepaul
    "Park is nice. Lock your car doors at night or the homeless will steal your change. A lot of pride. People are nice. Good fishing. "
    4
    Flag
  • Jennifer L. H.
    "Most dog owners are savvy. But beware of the few who walk off leash and don’t pick up after their pooches. "
    1
    Flag
  • Ashleyfaye1991
    "Great neighborhood for families there’s a park within walking distance of the entire neighborhood. Sidewalks are old though and a little under maintained. "
    0
    Flag
  • Camilla C.
    "This is a great location in downtown Schenectady for those who might want to be near some bars and restuarants. parking gas it's own challenges especially during winter. "
    1
    Flag
  • Brokenmachinex0
    "The drivers are slow on the road, slower than I'm used to driving but I still make it to where I need to be on time."
    0
    Flag
  • Hhernandez313
    "Friendly neighbors. Homes could be better kept. Plenty places to eat and friendly service at restaurants. Feels like the old days. Taxes in New York are very high. "
    1
    Flag
  • Mariapapa
    "My family and I have lived here for 16 years and we love it. It really is the best of all possible worlds. The Historical Stockade neighborhood is full of interesting property owners and tenants alike that truly love their neighborhood. Everyone is involved!"
    1
    Flag

Market trends in Schenectady

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$304K
$2.5KMoM
Sale-to-List Price
102.2%
1.5%MoM
Price per sq ft
$206
$2MoM
Available listings
328
21MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
118 N College Street, Schenectady, NY
0.11
Multi-Family Home
$430,000
10/31/25
7
5
4,252
21 N Ferry Street, Schenectady, NY
0.33
Multi-Family Home
$850,000
06/30/26
9
8
4,910
11 Jefferson Street, Schenectady, NY
0.07
Multi-Family Home
$210,000
12/18/25
3
4
4,761
525 Union Street, Schenectady, NY
0.33
Multi-Family Home
$1,700,000
01/06/26
10
13
10,760
1636 Foster Avenue, Schenectady, NY
0.70
Multi-Family Home
$465,000
11/14/25
15
5
7,284
116 N Ferry Street, Schenectady, NY
0.27
Multi-Family Home
$275,000
12/11/25
6
2
2,600
206 Front Street, Schenectady, NY
0.04
Multi-Family Home
$299,000
04/16/26
4
2
1,880
1605 Van Vranken Avenue, Schenectady, NY
0.78
Multi-Family Home
$425,000
10/31/25
7
6
3,132
515 South Avenue, Schenectady, NY
0.27
Multi-Family Home
$172,000
12/24/25
5
3
2,070
117 N College Street, Schenectady, NY
0.13
Multi-Family Home
$170,000
03/20/26
3
2
1,944

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
206 Front Street, Schenectady, NY 12305
0.04
$299,000
4
2
1,880
Recently Sold
216 Front Street, Schenectady, NY 12305
0.03
$61,000
2
1
1,200
Recently Sold
10 RIVER Street, Schenectady, NY 12305
0.02
$254,200
4
2
1,692
Off Market
11 John Street, Schenectady, NY 12305
0.06
$273,600
5
2
1,992
Off Market
13 John Street, Schenectady, NY 12305
0.06
$275,000
4
2
2,240
For Sale
215 Front Street, Schenectady, NY 12305
0.03
$204,800
4
2
1,914
Off Market
16 River Street, Schenectady, NY 12305
0.03
$145,000
4
1.5
1,920
For Sale
11 Jefferson Street, Schenectady, NY 12305
0.07
$210,000
3
4
4,761
Recently Sold
11 River Street, Schenectady, NY 12305
0.04
$190,000
4
2.5
1,930
For Sale
3 MADISON Street, Schenectady, NY 12305
0.08
$613,400
Studio
-
6,158
Off Market
234 FRONT Street, Schenectady, NY 12305
0.08
$323,300
Studio
-
2,668
Off Market

Price and Tax history

DateEventPrice
Sep 2, 2026
Source: Global MLS #202625284
Listed For Sale
$750,000

LGBTQ Local Legal Protections

Craig Clermont, Carrow Real Estate Services LLC, (518) 462-7491
Agent Phone: (518) 369-2729
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Judy Moriarty, Zillow, Inc., Corp. Broker

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4 River Street, Schenectady, NY 12305 is a 12 bedroom, 7 bathroom, 5,829 sqft multi-family built in 1950. 4 River Street is located in Stockade, Schenectady. This property is currently available for sale and was listed by Global MLS on Sep 2, 2026. The MLS # for this home is MLS# 202625284.