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Updated 2-Family Home with Parking

813 South Street Utica, NY 13501

Claim this Listing
Pending
$229,900

MULTI_FAMILY - Other - Utica, NY

Property size:
1,968 SF
Added:
Jun 20, 2026
Days on Market:
25
Last Refresh:
Jul 14 at 5:06 am

Property Features for 813 South Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bedroom 6, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 5
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Pending
APN
319.69-3-31
Size
1,968 SF

Taxes and HOA fees

Tax Annual Amount
3272

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1915
Floors in Building
2
Number of units
2
Flooring type
Laminate, Tile, Varies
Building materials
VinylSiding
Roof type
Asphalt
Architectural style
Other

Listing agent Alen Zekic License #10401267029

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

Listing date Jun 20, 2026

MLS# S1692430 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 fully rented 2-family home features two separate apartments with separate utilities, supporting independent living arrangements. Both units have been mostly updated within the last few years, bringing more modern finishes and helping reduce near-term maintenance concerns. The property also includes a spacious parking area, which can be practical for tenants and everyday access.

Located at 813 South Street in Utica, the home is positioned for convenience to area services and daily needs. The property is described as being near downtown, schools, shopping, restaurants, and other local amenities, providing an established residential setting for tenant accessibility.

For buyers seeking a turnkey income-producing property, the combination of full occupancy and mostly updated units may appeal to investors looking to reduce downtime between tenants. The separate utilities can also simplify management and tenant billing. With parking on-site and a duplex layout that supports two households under one roof, the property offers a straightforward operating model for an owner-operator or investor who wants a manageable, ready-to-rent asset.

Key Highlights

  • East Utica 2‑family home built in 1915
  • Both units have been mostly updated within the last few years
  • Separate utilities for each apartment

Local 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 $27.2k $13.80
− Vacancy −$1.7k −$0.86
EGI $25.5k $12.94
− OpEx −$7.6k −$3.88
NOI $17.8k $9.06
1,968 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$254.6K
$222.8K – $297.1K (±1% cap)
NOI $17,825 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$234.0K
$204.8K – $273.1K (±1% cap)
NOI $16,383 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$518.6K
$453.8K – $605.1K (±1% cap)
NOI $36,303 @ 7.0% cap · market cap 15.79%
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 Dental Office Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Storage Facility Catering Service Veterinary Clinic Florist Cosmetic Store

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

FAQs

What type of property is this?
Duplex - Turnkey, fully rented duplex with mostly updated apartments, separate utilities, and spacious parking.
Where is this duplex located?
The property is located at 813 South Street Utica, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: East Utica 2‑family home built in 1915; Both units have been mostly updated within the last few years; Separate utilities for each apartment
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More about this property
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