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Two-Unit Duplex with Garage
For Sale
$215,000

34 Pine Street, Oneonta, NY 13820

Residential, Oneonta, NY

Property Size1,720 SF
Price / SF$125
Days on Market202

Property Features for 34 Pine Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bathroom 3, Bedroom 7
Parking features Garage
Appliances WaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Oneonta
Middle school district Oneonta
High school district Oneonta
Subdivision Oneonta-City-361200
Standard status Active
APN 288.18-5-47
Size 1,720 SF

Taxes and HOA fees

Tax Annual Amount 2531

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 Vinyl, Varies
Building materials VinylSiding
Listing Agency: River Hills Properties LLC Lf
Listed By: Brandon Mosher · License #10301224028
Added: Mar 30 Changed: Oct 16 Last Checked: Oct 17 at 7:06PM
MLS# S1669912

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 1,720-square-foot duplex, built in 1900, contains one three-bedroom residence and one two-bedroom residence. The units have separate utilities, while ownership is responsible for water and sewer. A garage on the property is rented for long-term tool storage, adding a separate revenue component to the residential use.

The building has vinyl siding, varied and vinyl flooring, forced-air natural gas heat, public water, and basement space. Garage parking is included. The property is offered as part of a required three-property portfolio sale with two additional duplexes in Oneonta.

Key Highlights

  • 1,720 SF duplex with one 3‑bedroom unit and one 2‑bedroom unit
  • Garage rented long‑term for tool storage
  • Separate utilities for both residential units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,019
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,380 $300.4K
Cap Rate 7%
$214,557 $214.6K
Cap Rate 9%
$166,878 $166.9K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$22.7K $13.20/SF
− Vacancy
−$1.2K −$0.73/SF
EGI
$21.5K $12.47/SF
− OpEx
−$6.4K −$3.74/SF
NOI
$15.0K $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%
$300,380
Cap Rate 7%
$214,557
Cap Rate 9%
$166,878

Alternative Uses

Best Use
Multifamily LT 5
$214.6K
$187.7K – $250.3K (±1% cap)
NOI $15,019 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$200.3K
$175.3K – $233.7K (±1% cap)
NOI $14,020 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$474.1K
$414.9K – $553.2K (±1% cap)
NOI $33,189 @ 7.0% cap · market cap 15.44%
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 Electrical Service Bakery (Bike/Boat/Book/etc) Store Catering Service Daycare Center Home Appliance Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,009
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with separate utilities, a rented storage garage, and a mix of two- and three-bedroom units.
Where is this duplex located?
The property is located at 34 Pine Street Oneonta, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,720 SF duplex with one 3‑bedroom unit and one 2‑bedroom unit; Garage rented long‑term for tool storage; Separate utilities for both residential units
More about this property
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