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    1020 Downer Ave Utica, NY 13502

    Pending
    For Sale
    $199,000

    MULTI_FAMILY - Utica, NY

    Property size:
    5,055 SF
    Lot size:
    0.13 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1020 Downer Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 3, Basement, Bedroom 3, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 4, Bedroom 6
    Bedrooms
    8
    Bathrooms
    3
    APN
    301600-318-029-0001-018-000-0000
    Interior features
    CedarClosets, CeilingFans
    Appliances
    GasWaterHeater
    Size
    5,055 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas, Baseboard, Forced Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Hardwood, Carpet, Vinyl, Varies
    Building materials
    VinylSiding
    Roof type
    Asphalt

    Assist2Sell Buyer's & Seller's 1st Choice (315) 735-9244 [email protected]

    Listing agent Michael Arcuri (315) 735-9244 License #10401372386

    Listing date Nov 6, 2025

    MLS# S1647347 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious 3-Unit Investment Property

    Located in Utica, NY, this multi-family property at 1020 Downer Avenue features three separate apartments. The property offers over 5,000 square feet of living space. Each apartment has its own utilities, including individual gas, electric, and furnaces. The first-floor apartment includes 3 bedrooms, 1 full bath, an eat-in kitchen, and in-unit laundry and is currently rented. The second-floor apartment offers 3 bedrooms, 1 full bath, an eat-in kitchen, and in-unit laundry and is rented. The third-floor apartment includes 2 bedrooms, 1 full bath, and an eat-in kitchen and is rented. Property updates include newer front and back doors, a newly built side porch, and thermal windows. Each unit includes appliances such as a refrigerator, range/oven, and washers and dryers where applicable. Exterior features include vinyl siding, a blacktop driveway with multiple parking spaces, and separate laundry hookups. The property is situated in the heart of Utica's college housing area, near the new Wynn Hospital, and close to restaurants, shopping, entertainment, and all of the amenities the city has to offer. The property has a potential gross annual income. Public water, sewer, and gas are connected. The lot size is 0.1309 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.261996
    Latitude
    43.106836

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    FAQs

    What type of property is this?
    Triplex - Well-maintained Utica multi-family home with steady rental history.
    Where is this triplex located?
    The property is located at 1020 Downer Ave Utica, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - High Income Potential: Gross annual income of $27,000+ with a strong return and steady rental history.; - Three Separate Units: Each apartment has its own utilities (gas, electric, and furnaces).; - Spacious Living: Over 5,000 square feet of living space across three apartments.
    (315) 735-9244
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    1020 Downer Ave Utica, NY 13502
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    Utica, NY 13502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 Downer Ave Utica, NY 13502
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