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Triplex with Private Porches
New
For Sale
$189,900

14 East Street, Oneonta, NY 13820

Residential, Oneonta, NY

Property Size1,800 SF
Lot Size0.15 Acres
Price / SF$105.50
Days on Market4

Property Features for 14 East Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Patio and Porch features Porch
Appliances GasWaterHeater
Lot features Irregular Lot, Residential Lot
Elementary school district Oneonta
Middle school district Oneonta
High school district Oneonta
Directions Main st to Maple St. Right onto Center St left onto East St. House is on the left.
Subdivision Oneonta-City-361200
Standard status Active
APN 288.18-2-11
Size 1,800 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 5679

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Laminate, Vinyl, Varies, Carpet
Building materials Frame, WoodSiding
Roof type Membrane, Asphalt, Rubber
Listing Agency: Oneonta Realty, LLC
Listed By: Christine Keto · License #30KE1019431
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 8 at 11:06PM
MLS# R1720398

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 1,800-square-foot triplex contains two one-bedroom apartments and one two-bedroom apartment. The one-bedroom units are occupied; the two-bedroom unit is vacant. Each apartment has a porch, and the building is equipped with three gas furnaces and four electric meters. Tenants pay their own utilities. The owner handles garbage, water, common-area electricity, snow removal, and lawn care.

The property occupies a 0.15-acre parcel in Oneonta, near a bus stop, downtown, and parks. Off-street parking is available.

Key Highlights

  • Three apartments: two one‑bedroom units and one two‑bedroom unit
  • 1,800 square feet on a 0.15‑acre lot
  • Two one‑bedroom apartments are occupied; the two‑bedroom apartment is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,717
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340 $314.3K
Cap Rate 7%
$224,529 $224.5K
Cap Rate 9%
$174,633 $174.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$23.8K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$22.5K $12.47/SF
− OpEx
−$6.7K −$3.74/SF
NOI
$15.7K $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%
$314,340
Cap Rate 7%
$224,529
Cap Rate 9%
$174,633

Alternative Uses

Best Use
Multifamily LT 5
$224.5K
$196.5K – $262.0K (±1% cap)
NOI $15,717 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$209.6K
$183.4K – $244.5K (±1% cap)
NOI $14,672 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K (±1% cap)
NOI $34,733 @ 7.0% cap · market cap 18.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Bakery Garden Center (Bike/Boat/Book/etc) Store Catering Service Daycare Center

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Triplex - Separate utility systems serve the apartments, with gas furnaces and individual electric meters.
Where is this triplex located?
The property is located at 14 East Street Oneonta, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three apartments: two one‑bedroom units and one two‑bedroom unit; 1,800 square feet on a 0.15‑acre lot; Two one‑bedroom apartments are occupied; the two‑bedroom apartment is vacant
More about this property
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