Search
Remodeled Side-by-Side Duplex
For Sale
$305,000

117-119 Odell Street, Schenectady, NY 12304

MULTI_FAMILY - Other - Schenectady, NY

Property Size2,074 SF
Lot Size0.15 Acres
Price / SF$147.06
Days on Market209

Property Features for 117-119 Odell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
Parking 2
Parking features Off Street
Patio and Porch features Porch
Fencing Fenced
Basement Full
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions State Street to Michigan Ave, Left on Odell
Standard status Active
APN 421500 49.59-1-18 01
Size 2,074 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 6913

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1880
Number of units 2
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Realty One Group Key
Listed By: Tina Berlin · License #10401348077
Added: Jan 6 Changed: Jul 26 Last Checked: Aug 3 at 3:06AM
MLS# 202610236

Copyright © 2026 Global MLS, Inc. 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 beautifully remodeled side-by-side duplex at 117-119 Odell Street offers two separate homes with abundant natural light and plenty of storage. Each side has its own utilities, and the fenced yard is separated for added privacy and separation between the units. Off-street parking is also available.

The property is located in Schenectady, NY 12304 and is described as conveniently situated near public transportation, highways, shopping, and local amenities.

Both units are currently vacant and ready for their next occupants. The offering includes a total lot size of 0.15 acres and approximately 2,074 square feet of property size.

Key Highlights

  • Side‑by‑side duplex built in 1880 with vinyl siding
  • Remodeled duplex with 4 bedrooms and 2 full bathrooms across the two units (rooms listed: Bedroom 1‑4, Bathroom 1‑2)
  • Separate utilities for each side of the duplex

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 $36.1k $17.40
− Vacancy −$2.3k −$1.13
EGI $33.7k $16.27
− OpEx −$10.1k −$4.88
NOI $23.6k $11.39
2,074 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.7K (±1% cap)
NOI $23,619 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$302.7K
$264.8K – $353.1K (±1% cap)
NOI $21,186 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$620.8K
$543.2K – $724.2K (±1% cap)
NOI $43,454 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

Demographics for 12304, NY

21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex with separate utilities, fenced backyard separation, and off-street parking; both units are currently vacant.
Where is this duplex located?
The property is located at 117-119 Odell Street Schenectady, NY.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1880 with vinyl siding; Remodeled duplex with 4 bedrooms and 2 full bathrooms across the two units (rooms listed: Bedroom 1‑4, Bathroom 1‑2); Separate utilities for each side of the duplex
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