Two-Unit Duplex with
For Sale
$195,000
12 Valleyview St, Oneonta, NY 13820
Two three-bedroom apartments offer separate utilities, natural gas heat, hardwood floors, and shared garage parking.
Property Size2,154 SF
Price / SF$90.53
Days on Market72
Property Features for 12 Valleyview St
General Information
Standard status
Active
Size
2,154 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Upstate NY Properties
Listed By:
Joseph Triano · License #10401372052
(718) 475-2700
Source:
Skinnercnyrealty
Added: Aug 2
Changed: Oct 5
Last Checked: Oct 7 at 4:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Upstate NY Properties
Investment Insights
Based on property information with market context.
This two-family duplex contains 2,154 square feet of living space arranged as two three-bedroom, one-bath apartments. Each unit includes dedicated living and dining areas, while hardwood flooring and natural gas heat serve the residential interiors. Separate electric and gas meters support distinct utility accounting, and the property also includes a two-car garage. Public water and sewer are in place.
One apartment is currently generating rental income, while the second provides flexibility for an owner-occupant or an additional rental arrangement. The property sits on Valleyview St in Oneonta, near downtown, schools, shopping, restaurants, and other local amenities. Built in 1900, the duplex presents an established residential income configuration with both units organized within one building.
One apartment is currently generating rental income, while the second provides flexibility for an owner-occupant or an additional rental arrangement. The property sits on Valleyview St in Oneonta, near downtown, schools, shopping, restaurants, and other local amenities. Built in 1900, the duplex presents an established residential income configuration with both units organized within one building.
Key Highlights
- Two 3‑bedroom/1‑bath apartments
- 2,154 square feet of living space
- Separate electric and gas meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,557
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,140
$351.1K
Cap Rate 7%
$250,814
$250.8K
Cap Rate 9%
$195,078
$195.1K
Market Conditions
NOI Build-Up for 2,154 SF
Gross rent
$33.6K $15.60/SF
− Vacancy
−$1.7K −$0.78/SF
EGI
$31.9K $14.82/SF
− OpEx
−$14.4K −$6.67/SF
NOI
$17.6K $8.15/SF
Area
Otsego County, NY
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,140
Cap Rate 7%
$250,814
Cap Rate 9%
$195,078
Alternative Uses
Best Use
Multifamily LT 5
$268.7K
$235.1K – $313.5K
NOI $18,808 @ 7.0% cap · market cap 9.65%
Second Best
Apartment 5plus
$250.8K
$219.5K – $292.6K
NOI $17,557 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$593.8K
$519.6K – $692.7K
NOI $41,564 @ 7.0% cap · market cap 21.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments offer separate utilities, natural gas heat, hardwood floors, and shared garage parking.
Where is this duplex located?
The property is located at 12 Valleyview St Oneonta, NY.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two 3‑bedroom/1‑bath apartments; 2,154 square feet of living space; Separate electric and gas meters
