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    Oneonta Turn-Key Duplex Investment Title is generated by Realmo AI

    22-24 8th St, Oneonta, NY 13820

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    Turn-key Oneonta duplex with separate utilities and off-street parking.

    Type:Multifamily
    Property size:
    1,728 SF
    Price / SF:
    $109/SF
    Added:
    Mar 3, 2026
    Days on Market:
    124
    Last Refresh:
    Mar 16 at 2:07 pm

    Property Features for 22-24 8th St

    General Information

    Standard status
    Active
    Size
    1,728 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1900

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    Elizabeth Shultis

    Listing office Benson Agency Real Estate

    Listing date Mar 3, 2026

    Source Crexi

    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 Benson Agency Real Estate

    HighLights

    • Turn‑key duplex investment property
    • Separate utilities for each unit
    • Convenient location near Main Street and Oneonta amenities
    • Two units: one with two bedrooms, one with three bedrooms
    • Off‑street parking and backyard
    • Public water and sewer

    Overview

    This turn-key duplex is located conveniently close to Main Street in Oneonta. The property includes off-street parking and a backyard. The downstairs unit features two bedrooms, a full bath, living room, kitchen, and enclosed back porch. The upstairs unit offers three bedrooms, a full bath, living room, kitchen, and enclosed back porch. The building has separate utilities and public water and sewer. The property size is 1,728 square feet.

    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 $22.8k $13.20
    − Vacancy −$1.3k −$0.73
    EGI $21.6k $12.47
    − OpEx −$6.5k −$3.74
    NOI $15.1k $8.73
    1,728 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $215.6K
    $188.6K – $251.5K (±1% cap)
    NOI $15,089 @ 7.0% cap · market cap 7.95%
    Second Best
    Apartment 5plus
    $201.2K
    $176.1K – $234.8K (±1% cap)
    NOI $14,085 @ 7.0% cap · market cap 7.42%
    Theoretical Best
    Office A
    $476.3K
    $416.8K – $555.7K (±1% cap)
    NOI $33,343 @ 7.0% cap · market cap 17.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Daycare Center Nursing Home Tech Support Center Home Appliance Store Skin Care Clinic Storage Facility Carpet & Flooring Store Shopping Center & Mall Veterinary Clinic Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.0439348
    Latitude
    42.4554397

    FAQs

    What type of property is this?
    Duplex - Turn-key Oneonta duplex with separate utilities and off-street parking.
    Where is this duplex located?
    The property is located at 22-24 8th St 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: Turn‑key duplex investment property; Separate utilities for each unit; Convenient location near Main Street and Oneonta amenities
    (607) 434-5972 Call to check price and availability
    More about this property
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