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1521 Van Vranken Avenue, Schenectady, NY, 12308

6beds
4baths
2,740sqft
$379,000
$138price/sqft
$3,226/moest. monthly cost
$129,040/yrincome needed

About This Home

Fully occupied 4-unit at 1521 Van Vranken Ave--cash-flowing from day one and priced to sell. This is a no-nonsense investment opportunity with tenants already in place, eliminating lease-up time and delivering immediate returns. Situated directly on a bus line and within walking distance to everyday tenant conveniences, this location supports strong demand and consistent occupancy. The property is well-maintained with a straightforward layout, making it easy to manage and ideal for investors looking for reliable performance without added complexity. Current rents provide solid in-place income with room to grow. Seller is motivated--bring offers.

Getting Around

71
WalkingVery Walkable
36
TransitSome Transit
58
BikeBikeable

Schools

6/10
Jessie T Zoller SchoolGrades PK-51.0 mi
3/10
Oneida Middle SchoolGrades 6-80.7 mi
3/10
Schenectady High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Tile,Carpet,Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 2,740

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,740
  • Total interior livable area: 2,740 sqft

Property

Details

  • Parcel number: 421500 39.5818.1
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Patio & porch: Porch
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 6,969 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters in Schenectady County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,916$22,992
Home Insurance *$189$2,268
Property Taxes $669$8,028
Electricity $452$5,433
Total$3,226$38,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,605/yr
40% on housing$96,780/yr
45% on housing$86,026/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -3.1%
-3.1%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 12308$182
Schenectady County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 12308$141
Schenectady County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Listed for sale$379,000

For Sale by Agent

AgentBarry Griggs
BrokerageBerkshire Hathaway Home Services Blake

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