Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Updated Two-Family Home in Utica Title is generated by Realmo AI

    724 Warren Street, Utica, NY 13502

    View on Map
    Claim this Listing
    For Sale
    $179,900

    MULTI_FAMILY - Other - Utica, NY

    Property size:
    1,808 SF
    Price / SF:
    $99/SF
    Added:
    May 13, 2026
    Days on Market:
    18
    Last Refresh:
    May 30 at 2:06 am

    Property Features for 724 Warren Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Basement, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
    Parking features
    Paved or Surfaced
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    318.48-2-56
    Size
    1,808 SF

    Taxes and HOA fees

    Tax Annual Amount
    2846

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Laminate, Varies
    Building materials
    VinylSiding
    Architectural style
    Other

    We can help!

    Listing Contact
    Alen Zekic

    Listing agent Alen Zekic License #10401267029

    Listing office Assist2Sell Buyers & Sellers 1st Choice 2704 Genesee St, Utica, NY

    Listing date May 13, 2026

    MLS# S1680990 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.

    Overview

    This recently updated two-family home is located in West Utica. Updates completed in the last two years include new water heaters, flooring, some new walls and doors, and updated kitchens and bathrooms. The property features a spacious first-floor apartment with 4 bedrooms and 1 bath, and a second-floor apartment with 2 bedrooms and 1 bath. The property, situated on a large lot, offers separate utilities and ample parking space. With a size of 1808 square feet, this property presents an opportunity for either owner-occupancy or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -73.782605
    Latitude
    42.246858

    Nearby Similar for Sale

    • $799,900
      5,950 SF

      Downtown Utica Mixed-Use Property

      Historic downtown Utica property with bar space and residential potential.
      226 Genesee Street, Utica, NY 13502
      View Details
    • $249,000
      3,793 SF

      Updated Three-Family Investment Property

      Well-maintained three-family property with updates and separate utilities.
      1500 Conkling Avenue, Utica, NY 13501
      View Details
    • $289,900
      1,856 SF

      Well-Maintained Two-Family Property in Utica

      Spacious two-family property in East Utica with separate utilities.
      326 Tilden Avenue, Utica, NY 13501
      View Details
    • $160,000
      2,204 SF

      Utica Duplex with Income Potential

      Two-unit duplex with rental income potential and flexible financing.
      807 Mcvean Street, Utica, NY 13502
      View Details
    • $330,000
      3,444 SF

      East Utica Three-Family Home

      Spacious 3-unit property in East Utica with strong rental potential.
      1007 Morris, Utica, NY 13501
      View Details
    • $235,000
      2,907 SF

      Utica Multi-Use Property For Sale

      Versatile Utica property with commercial and residential potential.
      1317 Neilson Street, Utica, NY 13501
      View Details
    • $144,900
      2,793 SF

      Two-Unit Property with Detached Garage

      Two-unit property with detached garage and separate entrances.
      1235 Hammond Avenue, Utica, NY 13501
      View Details
    • $139,000
      2,648 SF

      Two-Unit Property: Investment Opportunity

      Two-unit property with flexible layout, ideal for rental income.
      1524 High Street, Utica, NY 13501
      View Details
    • $159,000
      2,095 SF

      Updated Duplex in Great Location

      Two-unit property with updated kitchens and baths, convenient location.
      1025 Champlin Avenue, Utica, NY 13502
      View Details
    • $225,000
      2,636 SF

      East Utica Two-Unit Home

      Spacious, updated two-unit home in East Utica.
      1672 Seymour Avenue, Utica, NY 13501
      View Details
    • $600,000
      12,842 SF

      Utica Multifamily Investment Opportunity

      Multifamily property for sale in Utica, New York.
      1017 Bleecker Street, Utica, NY 13501
      View Details
    • $425,000
      4,080 SF

      Utica Multifamily Investment Opportunity

      Multifamily property for sale in Utica, New York.
      1000 Park Avenue, Utica, NY 13501
      View Details

    FAQs

    What type of property is this?
    Duplex - Recently updated two-family home in West Utica.
    Where is this duplex located?
    The property is located at 724 Warren Street Utica, NY.
    What is the asking price?
    The asking price for this property is $179,900.
    (315) 570-0148
    We can help!
    Listing Contact
    Alen Zekic
    Real Estate License ID: 10401267029
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    724 Warren Street, Utica, NY 13502
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!