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Two-Unit Duplex with Renovation Needs
For Sale
Contact for pricing
Pending

13 Odell Street, Schenectady, NY 12304

MultiFamily, Schenectady, NY

Property Size1,818 SF
Lot Size0.07 Acres
Days on Market1541

Property Features for 13 Odell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Parking 2
Basement Full
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions Brandywine to Odell
Standard status Pending
APN 421500 49.50-5-25
Size 1,818 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 1024

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1800
Listing Agency: EZB Realty
Listed By: Ezria R Brown · License #10491210757
Added: Aug 4, 2022 Changed: Oct 8 Last Checked: Oct 22 at 9:06AM
MLS# 202224217

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.

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Investment Insights

Based on property information with market context.

This two-unit duplex contains one one-bedroom, one-bath residence per unit and offers 1,818 square feet of building area. Built in 1800, the property requires renovation and includes public water and public sewer service.

The home is located on Odell Street in Schenectady, near a bus line, local shops, and the Thruway. Its compact residential configuration provides two separately identified living units within a single property.

Key Highlights

  • Two‑unit duplex with one 1BR/1Ba residence in each unit
  • 1,818 square feet on a 0.07‑acre lot
  • Renovation needed; built in 1800

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,571
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,420 $371.4K
Cap Rate 7%
$265,300 $265.3K
Cap Rate 9%
$206,344 $206.3K
Market Conditions
NOI Build-Up for 1,818 SF
Gross rent
$36.0K $19.80/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$33.8K $18.57/SF
− OpEx
−$15.2K −$8.36/SF
NOI
$18.6K $10.21/SF
Area
Schenectady County, NY
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,420
Cap Rate 7%
$265,300
Cap Rate 9%
$206,344

Alternative Uses

Best Use
Multifamily LT 5
$295.8K
$258.8K – $345.1K (±1% cap)
NOI $20,704 @ 7.0% cap · market cap 88.10%
Second Best
Apartment 5plus
$265.3K
$232.1K – $309.5K (±1% cap)
NOI $18,571 @ 7.0% cap · market cap 79.03%
Theoretical Best
Office A
$544.2K
$476.1K – $634.9K (±1% cap)
NOI $38,091 @ 7.0% cap · market cap 162.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences with one bathroom apiece sit near transit, local shops, and the Thruway.
Where is this duplex located?
The property is located at 13 Odell Street Schenectady, NY.
What are key features of this property?
This property features: Two‑unit duplex with one 1BR/1Ba residence in each unit; 1,818 square feet on a 0.07‑acre lot; Renovation needed; built in 1800
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