Two-Unit Home in
182 Spellman Road, Plattsburgh, NY 12901
MULTI_FAMILY - Ranch - Plattsburgh, NY
Type:Single Family Residence
Property size:
1,887 SFLot size:
0.87 Acres- Added:
- Mar 18, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 22 at 6:06 pm
Property Features for 182 Spellman Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Residential
- Rooms
- Laundry Room
- Parking
- 4
- Parking features
- Driveway, Off Street
- Spa
- 1
- Window features
- Screens, Double Pane Windows, Drapes
- Patio and Porch features
- Deck
- Interior features
- Breakfast Bar, Eat-in Kitchen, High Speed Internet, Kitchen Island
- Exterior features
- Lighting, Private Yard, Rain Gutters
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Oil Water Heater, Refrigerator, Washer, Washer/Dryer, Water Heater, Water Softener, Water Softener Owned
- Standard status
- Pending
- APN
- 152.-2-22
- Size
- 1,887 SF
- Lot size
- 0.87 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3742
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Kerosene
- Water source
- Well
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Wood, Tile - Ceramic, Tile
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Ranch
- Additional Structures
- Storage
Listing agent Theresa R Hayden (518) 258-0600
Listing office R New York NY
Listing date Mar 18, 2026
MLS# 206742
Listing URL
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit home (ranch), built in 1950, in the Beekmantown School District
- Unit 1: 2 bedrooms and 1 bathroom (flexible to create a 3rd bedroom)
- Unit 2: 1 bedroom and 1 bathroom with its own separate entrance
- Separate entrances for both units for added privacy
- Includes washer and dryer, plus updated kitchen features like a kitchen island and breakfast bar
- Well water with septic tank; roof is asphalt; vinyl siding and deck on‑site
Overview
This freshly painted two-unit home is located in the Beekmantown School District. The first unit features 2 bedrooms, with the flexibility to create a 3rd, and 1 bathroom, and includes a washer and dryer. The second unit offers 1 bedroom and 1 bathroom, providing a private living space. Both units have separate entrances. The property is suitable for either an owner-occupant or an investor. The lot size is 0.87 acres, and the property size is 1887 square feet. The zoning is residential. The property is located in Plattsburgh, NY.
Local Financial Insights For Multifamily LT 5
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 | $24.9k | $13.20 |
| − Vacancy | −$1.9k | −$1.00 |
| EGI | $23.0k | $12.20 |
| − OpEx | −$6.9k | −$3.66 |
| NOI | $16.1k | $8.54 |
1,887 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.2K
$201.4K – $268.5K
NOI $16,111 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$204.6K
$179.0K – $238.7K
NOI $14,322 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$520.2K
$455.2K – $606.9K
NOI $36,412 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Plattsburgh
- County
- Clinton
- State
- New York
- Longitude
- -73.443641
- Latitude
- 44.780323
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit home in excellent condition with income potential.
Where is this duplex located?
The property is located at 182 Spellman Road Plattsburgh, NY.
What is the asking price?
The asking price for this property is $256,900.
What are key features of this property?
This property features: Two‑unit home (ranch), built in 1950, in the Beekmantown School District; Unit 1: 2 bedrooms and 1 bathroom (flexible to create a 3rd bedroom); Unit 2: 1 bedroom and 1 bathroom with its own separate entrance
