Duplex with Central Air and
For Sale
$495,000
373-375 Main Street, Oneonta, NY 13820
MULTI_FAMILY - Oneonta, NY
Property Size3,264 SF
Lot Size0.26 Acres
Price / SF$151.65
Days on Market48
Property Features for 373-375 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking features
Open, Garage
Security features
Security
Patio and Porch features
Porch
Accessibility
Accessible Approach with Ramp
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Directions
From I88 take exit 15 towards Main street, turn right onto Main St, Property on left, see sign.
Subdivision
Oneonta-City-361200
Standard status
Active
APN
361200-288-018-0006-016-000-0000
Size
3,264 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
8415
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Floors in Building
2
Number of units
2
Flooring type
Varies, Carpet, Hardwood, Laminate
Building materials
WoodSiding
Roof type
Flat, Membrane, Rubber
Listing Agency:
Keller Williams Upstate NY Properties · Keller Williams Realty
(607) 431-2540
Listed By:
Tim Mullinnex · License #10401341885
(607) 435-0567
Added: Jun 17
Changed: Jul 31
Last Checked: Aug 3 at 5:06AM
MLS# R1687236
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.
Investment Insights
Based on property information with market context.
373-375 Main Street is a duplex-style property with wood siding, flat membrane/rubber roofing, and a porch. Built in 1915, it includes forced-air natural gas heating with four separate furnaces, plus central air conditioning serving first-floor spaces. The homes feature a mix of flooring including carpet, laminate, hardwood, and areas described as original oak floors underneath. An on-site garage and open parking support daily convenience.
Several capital and systems updates have been completed. The exterior was scraped, primed, and painted with two coats in September 2025. A 5-foot white vinyl fence was installed in July 2023. Additional improvements include upgraded first-floor electric with four separate 100-amp electric panels, a new side roof, and a new garage door. A parking lot with 12 spaces was professionally sealed and striped in October 2024, and unit #3 upstairs kitchen and bathroom flooring is scheduled for spring 2026.
The property sits on Main Street with public water service and includes an accessible approach with a ramp.
Several capital and systems updates have been completed. The exterior was scraped, primed, and painted with two coats in September 2025. A 5-foot white vinyl fence was installed in July 2023. Additional improvements include upgraded first-floor electric with four separate 100-amp electric panels, a new side roof, and a new garage door. A parking lot with 12 spaces was professionally sealed and striped in October 2024, and unit #3 upstairs kitchen and bathroom flooring is scheduled for spring 2026.
The property sits on Main Street with public water service and includes an accessible approach with a ramp.
Key Highlights
- 0.26‑acre duplex property on Main Street
- 3,264 SF built in 1915 with wood siding and flat membrane/rubber roof
- Forced‑air natural gas heating with four separate furnaces plus central air for first‑floor spaces
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $13.20 |
| − Vacancy | −$2.4k | −$0.73 |
| EGI | $40.7k | $12.47 |
| − OpEx | −$12.2k | −$3.74 |
| NOI | $28.5k | $8.73 |
3,264 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.2K
$356.3K – $475.0K
NOI $28,501 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$380.1K
$332.6K – $443.4K
NOI $26,605 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$899.7K
$787.3K – $1.05M
NOI $62,982 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on Main Street with central air, gas forced-air heating, porch, and on-site parking including a 12-space lot.
Where is this duplex located?
The property is located at 373-375 Main Street Oneonta, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 0.26‑acre duplex property on Main Street; 3,264 SF built in 1915 with wood siding and flat membrane/rubber roof; Forced‑air natural gas heating with four separate furnaces plus central air for first‑floor spaces
