Two-Unit Duplex with Separate
New
For Sale
$220,000
1029 Conkling Avenue, Utica, NY 13501
Residential, Utica, NY
Property Size1,804 SF
Lot Size0.16 Acres
Price / SF$121.95
Days on Market3
Property Features for 1029 Conkling Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Interior features
CeilingFans, Storage
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Lot features
Irregular Lot, Near Public Transit, Residential Lot
Elementary school district
Utica
Middle school district
Utica
High school district
Utica
Directions
Between Rutger St and South St (near St. Louis Gonzaga Church Parking Lot)
Subdivision
Utica-City-301600
Standard status
Active
APN
301600-318-068-0002-029-000-0000
Size
1,804 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
2617
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
laundry room
fenced backyard
Building Details
Year built
1949
Floors in Building
2
Number of units
2
Flooring type
Tile, Varies, Vinyl, Hardwood, Laminate
Building materials
AluminumSiding, Stucco, VinylSiding
Roof type
Membrane, Rubber, Asphalt
Additional Structures
Storage
Listing Agency:
Coldwell Banker Faith Properties · Coldwell Banker Real Estate
(315) 735-2222
Listed By:
Pyae Phyoe · License #10401404823
(315) 542-1823
Added: Oct 16
Last Checked: Oct 18 at 5:06PM
MLS# S1722776
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.
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Investment Insights
Based on property information with market context.
This 1949 duplex contains two apartments arranged in a front-and-rear configuration. The front unit has two full bathrooms, and both apartments include kitchens with new refrigerators. Recent work includes a new roof, some replacement windows, fresh interior paint, and an upgraded furnace serving the second apartment. A shared laundry and utility room provides additional storage.
The property occupies 0.1561 acres and has a double-wide driveway for off-street parking, along with a three-quarter-fenced backyard. Separate gas and electric meters serve the apartments.
The property occupies 0.1561 acres and has a double-wide driveway for off-street parking, along with a three-quarter-fenced backyard. Separate gas and electric meters serve the apartments.
Key Highlights
- Two apartments in a front‑and‑rear layout
- Separate gas and electric meters for each apartment
- Front apartment has 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,339
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,780
$326.8K
Cap Rate 7%
$233,414
$233.4K
Cap Rate 9%
$181,544
$181.5K
Market Conditions
NOI Build-Up for 1,804 SF
Gross rent
$24.9K $13.80/SF
− Vacancy
−$1.6K −$0.86/SF
EGI
$23.3K $12.94/SF
− OpEx
−$7.0K −$3.88/SF
NOI
$16.3K $9.06/SF
Area
Oneida County, NY
Vacancy
6.24%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,780
Cap Rate 7%
$233,414
Cap Rate 9%
$181,544
Alternative Uses
Best Use
Multifamily LT 5
$233.4K
$204.2K – $272.3K
NOI $16,339 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$214.5K
$187.7K – $250.3K
NOI $15,018 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$475.4K
$416.0K – $554.6K
NOI $33,277 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
Explore this area
Business Placement
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Front-and-rear apartments have individual gas and electric meters, plus shared laundry and utility space.
Where is this duplex located?
The property is located at 1029 Conkling Avenue Utica, NY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two apartments in a front‑and‑rear layout; Separate gas and electric meters for each apartment; Front apartment has 2 full baths
