Two-Unit Duplex with Carriage
For Sale
$199,000
11 Fonda Ave, Oneonta, NY 13820
Residential Income, Oneonta, NY
Property Size1,988 SF
Lot Size0.27 Acres
Price / SF$100.10
Days on Market47
Property Features for 11 Fonda Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 3
High school district
ONEONTA CITY SCHOOL DISTRICT
Directions
Take River St from Main to Fonda. Left onto Fonda. Then house will be on your left.
Standard status
Active
APN
361200-299.012-0003-044.000
Size
1,988 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
3624
Utilities
Heating system
Oil, Baseboard
Water source
Public
Amenities
yard
Building Details
Year built
1900
Floors in Building
2
Roof type
Asphalt, Rubber
Listing Agency:
BENSON AGENCY REAL ESTATE LLC
Listed By:
Michele L. Frazier
(607) 432-4391
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 26 at 7:06PM
MLS# 11973946
Copyright © 2026 My State MLS. 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 two-unit duplex contains 1,988 square feet within a 1900-built residential property on 0.27 acres. The first apartment includes three bedrooms, an eat-in kitchen, a living room, and one bathroom. The second apartment provides two bedrooms, a kitchen with built-in wall cabinetry, a living room, and one bathroom. An existing carriage barn is also located on the property.
The building is served by public water and uses oil-fired baseboard heat. Roofing materials include rubber and asphalt. The property is located in Oneonta, NY, within Otsego County.
The building is served by public water and uses oil-fired baseboard heat. Roofing materials include rubber and asphalt. The property is located in Oneonta, NY, within Otsego County.
Key Highlights
- Two‑unit duplex with 1,988 square feet of building area
- First apartment includes 3 bedrooms, eat‑in kitchen, living room, and 1 bathroom
- Second apartment offers 2 bedrooms, kitchen, living room, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,359
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,180
$347.2K
Cap Rate 7%
$247,986
$248.0K
Cap Rate 9%
$192,878
$192.9K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$26.2K $13.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$24.8K $12.47/SF
− OpEx
−$7.4K −$3.74/SF
NOI
$17.4K $8.73/SF
Area
Otsego County, NY
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,180
Cap Rate 7%
$247,986
Cap Rate 9%
$192,878
Alternative Uses
Best Use
Multifamily LT 5
$248.0K
$217.0K – $289.3K
NOI $17,359 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$231.5K
$202.6K – $270.1K
NOI $16,204 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$548.0K
$479.5K – $639.3K
NOI $38,360 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer distinct bedroom layouts, kitchens, living areas, and access to a shared yard.
Where is this duplex located?
The property is located at 11 Fonda Ave Oneonta, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,988 square feet of building area; First apartment includes 3 bedrooms, eat‑in kitchen, living room, and 1 bathroom; Second apartment offers 2 bedrooms, kitchen, living room, and 1 bathroom
