Well-Maintained Two-Unit
12 Valleyview Street Oneonta, NY 13820
For Sale
$195,000
MULTI_FAMILY - Other - Oneonta, NY
Property Size2,154 SF
Lot Size0.18 Acres
Price / SF$90.53
Days on Market52
Property Features for 12 Valleyview 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
- Parking features
- Garage
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 361200-300-007-0001-007-000-0000
- Size
- 2,154 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4632
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies
- Building materials
- CompositeSiding
- Architectural style
- Other
Listing Agency:
Keller Williams Upstate NY Properties
(607) 431-2540
Listed By:
Joseph Triano · License #10401372052
(347) 751-4655
Added: Jun 4
Changed: Jul 12
Last Checked: Jul 25 at 4:06PM
MLS# R1685911
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 well-maintained two-family home offers two spacious 3-bedroom, 1-bath apartments, with dining and living room areas in each unit. The property features natural gas heat, hardwood flooring, and two-car garage parking. Utilities are managed separately with electric and gas meters, and the home is served by public water and sewer. One of the units is currently generating rental income.
Located on a quiet neighborhood street in the City of Oneonta, the home is convenient to downtown Oneonta and local amenities. It’s also positioned near schools, shopping, restaurants, and other daily needs.
With two separate apartments under one roof and currently one unit producing rent, this property is a practical fit for investors seeking rental income, as well as owner-occupants who want to live in one unit while renting the other. Separate electric and gas meters can help simplify how utilities are handled between tenants or between an owner-occupied unit and a leased unit. The overall layout supports a straightforward two-family living and leasing configuration.
Located on a quiet neighborhood street in the City of Oneonta, the home is convenient to downtown Oneonta and local amenities. It’s also positioned near schools, shopping, restaurants, and other daily needs.
With two separate apartments under one roof and currently one unit producing rent, this property is a practical fit for investors seeking rental income, as well as owner-occupants who want to live in one unit while renting the other. Separate electric and gas meters can help simplify how utilities are handled between tenants or between an owner-occupied unit and a leased unit. The overall layout supports a straightforward two-family living and leasing configuration.
Key Highlights
- Well‑maintained 2‑family home with two 3‑bedroom/1‑bath apartments
- Over 2,100 sq ft of living space
- Separate electric and gas meters plus public water and sewer
Financial Insights For Apartment 5plus
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 | $33.6k | $15.60 |
| − Vacancy | −$1.7k | −$0.78 |
| EGI | $31.9k | $14.82 |
| − OpEx | −$14.4k | −$6.67 |
| NOI | $17.6k | $8.15 |
2,154 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two spacious 3BR/1BA units with separate electric and gas meters, natural gas heat, and a 2-car garage.
Where is this duplex located?
The property is located at 12 Valleyview Street 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: Well‑maintained 2‑family home with two 3‑bedroom/1‑bath apartments; Over 2,100 sq ft of living space; Separate electric and gas meters plus public water and sewer
