Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    117 W Walnut St Oneida, NY 13421

    Sponsored
    For Sale
    $189,900

    MULTI_FAMILY - Other - Oneida, NY

    Property size:
    2,120 SF
    Lot size:
    0.33 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 18 at 6:06 pm

    Property Features for 117 W Walnut St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    251201-038-032-0002-012-000-0000
    Appliances
    GasWaterHeater
    Size
    2,120 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Hardwood, Varies, Vinyl
    Building materials
    Brick, Stone
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Robin Mongeau

    River Hills Properties LLC (315) 868-6719 [email protected]

    Listing agent Andrew Derminio (315) 864-3671 License #10301223817

    Listing date Jan 8, 2026

    MLS# S1657292 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Well-Maintained Multi-Family Investment Property

    This well-maintained 3-unit multi-family property is suitable as an addition to an existing portfolio or as a start to a real estate investment journey. The property is currently fully occupied, with rents up to date, generating over $3,000 per month in gross income. The building features two 1-bedroom apartments and one spacious 2-bedroom unit, providing a mix of options for tenants. One apartment has been completely remodeled, and all units are well cared for, making this a low-maintenance, income-producing asset. The property is situated on a 0.33-acre lot and has a property size of 2120 square feet. It is located in Oneida, NY.
    Property Profile Insight Report 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 Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneida
    County
    Madison
    State
    New York
    Longitude
    -75.649016
    Latitude
    43.088481

    Nearby Similar for Sale

    • $149,000
      2,210 SF

      Two-Story Duplex in Central Location

      Two-unit duplex with ample parking and large deck.
      348 Lenox Ave, Oneida, NY 13421
      View Details
    • $210,000
      Pending

      Charming Income Property in Oneida

      Spacious duplex with original woodwork and income potential.
      560 Main St S, Oneida, NY 13421
      View Details
    • $249,999

      Oneida Mixed-Use Investment Opportunity

      Mixed-use property with residential and office spaces in downtown Oneida.
      148 Madison St, Oneida, NY 13421
      View Details
    • $149,900

      Oneida Duplex: Investment Opportunity

      Spacious duplex in Oneida, NY, ideal for investors/owner-occupants.
      340 Seneca St, Oneida, NY 13421
      View Details
    • $285,000

      Historic Multi-Unit Building in Oneida

      Six spacious apartments with strong rental income in a prime location.
      416 Main St, Oneida, NY 13421
      View Details
    • $399,999

      Mixed-Use Property in Downtown Oneida

      Mixed-use property with residential units and storefronts in downtown Oneida.
      169 Madison St, Oneida, NY 13421
      View Details
    • $119,900

      Fully Rented Three-Family Home

      Three-unit residential property with immediate income potential.
      429 Sconondoa St, Oneida, NY 13421
      View Details
    • $275,000

      Oneida Multi-Unit Investment Opportunity

      Fully occupied triplex and duplex in downtown Oneida, New York.
      170 Madison St, Oneida, NY 13421
      View Details
    • $148,500

      Oneida Two-Unit Residential Property

      Two-unit property in Oneida with separate utilities.
      509 Lenox Ave, Oneida, NY 13421
      View Details
    • $299,000
      4,556 SF

      Auto Repair Facility with Apartment

      Well-maintained auto repair shop with a remodeled 4-bedroom apartment.
      142 Lenox Ave, Oneida, NY 13421
      View Details
    • $139,000

      Retail Space with Garage Bay

      Retail space featuring customer area, garage bay, and storage.
      255 Wilson St, Oneida, NY 13421
      View Details
    • $199,900

      Three-Story Building with Retail Inventory

      Turn-key retail operation with three stories and full basement.
      114 Madison St, Oneida, NY 13421
      View Details

    FAQs

    What type of property is this?
    Triplex - Fully occupied 3-unit property generating over $3,000 monthly gross income.
    Where is this triplex located?
    The property is located at 117 W Walnut St Oneida, NY.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Generates over $3,000 per month in gross income.; - Currently fully occupied with rents up to date.; - Low-maintenance property.
    (315) 864-3671
    Request Owner's contact information
    117 W Walnut St Oneida, NY 13421
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 W Walnut St
    Oneida, NY 13421
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    117 W Walnut St Oneida, NY 13421
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robin Mongeau
    Real Estate License ID: 10301223817
    (315) 864-3671
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.