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Updated Two-Family Duplex
For Sale
$153,000

330 Gilbert Street, Utica, NY 13501

Residential, Utica, NY

Property Size1,592 SF
Price / SF$96.11
Days on Market50

Property Features for 330 Gilbert Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bathroom 1
Appliances GasWaterHeater
Lot features Flag Lot, Near Public Transit
Elementary school district Utica
Middle school district Utica
High school district Utica
Subdivision Utica-City-301600
Standard status Active
APN 319.15-1-65
Size 1,592 SF

Taxes and HOA fees

Tax Annual Amount 2650

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Laminate, Varies
Building materials VinylSiding, CopperPlumbing, PexPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: Assist2Sell Buyers & Sellers 1st Choice · Assist-2-Sell
Listed By: Alen Zekic · License #10401267029
Added: Aug 30 Changed: Sep 29 Last Checked: Oct 18 at 4:06PM
MLS# S1711041

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.

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Investment Insights

Based on property information with market context.

This two-family duplex contains 1,592 square feet and was built in 1900. Recent work includes refreshed kitchens and bathrooms, new paint, laminate flooring, and newly installed sheetrock in select areas. The residence includes a basement, three listed bedrooms, two bathrooms, natural-gas forced-air heat, and a gas water heater.

Separate utility service supports the two apartments, while a dedicated parking area serves the property. Additional construction details include vinyl siding, copper and PEX plumbing, an asphalt roof, and public water service. The property is located at 330 Gilbert Street in Utica, NY 13501.

Key Highlights

  • Two‑family duplex with 1,592 square feet
  • Updated kitchens and bathrooms in both apartments
  • Separate utilities for the two residential units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,253
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,060 $265.1K
Cap Rate 7%
$189,329 $189.3K
Cap Rate 9%
$147,256 $147.3K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$25.8K $16.20/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$24.1K $15.14/SF
− OpEx
−$10.8K −$6.81/SF
NOI
$13.3K $8.32/SF
Area
Oneida County, NY
Vacancy
6.57%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,060
Cap Rate 7%
$189,329
Cap Rate 9%
$147,256

Alternative Uses

Best Use
Multifamily LT 5
$206.0K
$180.2K – $240.3K (±1% cap)
NOI $14,419 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$189.3K
$165.7K – $220.9K (±1% cap)
NOI $13,253 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$419.5K
$367.1K – $489.5K (±1% cap)
NOI $29,367 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Kitchen & Bath Showroom Storage Facility

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

348
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
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 residential units feature refreshed interiors, separate utilities, and dedicated on-site parking.
Where is this duplex located?
The property is located at 330 Gilbert Street Utica, NY.
What is the asking price?
The asking price for this property is $153,000.
What are key features of this property?
This property features: Two‑family duplex with 1,592 square feet; Updated kitchens and bathrooms in both apartments; Separate utilities for the two residential units
More about this property
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