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Updated Two-Family Home in Utica

724 Warren Street Utica, NY 13502

Claim this Listing
For Sale
$179,900

MULTI_FAMILY - Other - Utica, NY

Property size:
1,808 SF
Price / SF:
$99.50/SF
Added:
May 13, 2026
Days on Market:
63
Last Refresh:
Jul 14 at 5:06 am

Property Features for 724 Warren Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 4, Basement
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
Forced Air, Natural Gas
Water source
Public

Building Details

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

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Recently updated 2‑family home in West Utica
  • Updates in last 2 years include new water heaters, flooring, some new walls and doors, and updated kitchens and bathrooms
  • 1st‑floor unit features 4 bedrooms and 1 bathroom

Local Financial Insights For Apartment 5plus

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 $29.3k $16.20
− Vacancy −$1.9k −$1.06
EGI $27.4k $15.14
− OpEx −$12.3k −$6.81
NOI $15.1k $8.32
1,808 SF · lease $16.20/SF/yr · vacancy 6.57% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.9K
$204.7K – $272.9K (±1% cap)
NOI $16,375 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$215.0K
$188.1K – $250.9K (±1% cap)
NOI $15,051 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$476.4K
$416.9K – $555.9K (±1% cap)
NOI $33,351 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Skin Care Clinic Locksmith Veterinary Clinic Storage Facility (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service

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

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.
What are key features of this property?
This property features: Recently updated 2‑family home in West Utica; Updates in last 2 years include new water heaters, flooring, some new walls and doors, and updated kitchens and bathrooms; 1st‑floor unit features 4 bedrooms and 1 bathroom
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More about this property
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