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Two-Unit Residential Income Property
For Sale
$199,900
Pending

1522 Steuben St, Utica, NY 13501

Well-preserved two-family with two separate units, each offering three bedrooms and tenant-controlled, month-to-month occupancy.

Property SizeContact for details
Days on Market56

Property Features for 1522 Steuben St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1890
Listing Agency: Howard Hanna Cny Inc
Listed By: David S. Meislin · License #10401297969
Source: Elliman
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 5 at 10:02AM

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 Howard Hanna Cny Inc

Investment Insights

Based on property information with market context.

This well-preserved two-family property offers two separate residential units, with each unit featuring three bedrooms. The homes have separate utilities, with the exception of water, which supports independent living while sharing that one service. Tenancy is currently month-to-month, providing flexibility for ongoing operations.

The property is located in East Utica. A large paved parking area is available on-site, which can be a practical benefit for tenants and guests and helps support day-to-day convenience.

For buyers seeking a straightforward residential income asset, the unit count and bedroom configuration provide a clear living setup for prospective tenants. Separate utilities (except water) can simplify budgeting and reduce shared-service complexity, while month-to-month occupancy may appeal to investors or owner-operators who prefer the option to reassess rental terms over time.

Key Highlights

  • Well‑preserved 2‑family built in 1890
  • Each unit has 3 bedrooms
  • Separate utilities for each unit, except water

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby

Demographics for 13501, NY

40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value

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?
Duplex - Well-preserved two-family with two separate units, each offering three bedrooms and tenant-controlled, month-to-month occupancy.
Where is this duplex located?
The property is located at 1522 Steuben St Utica, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Well‑preserved 2‑family built in 1890; Each unit has 3 bedrooms; Separate utilities for each unit, except water
More about this property
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