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Updated Two-Unit Duplex
For Sale
$159,000

38 River Street, Otego, NY 13825

Separate utilities, refreshed interiors, outdoor living areas, and a detached garage support flexible residential use.

Property SizeContact for details
Days on Market184

Property Features for 38 River Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

Propane
Oil
Forced Air
Electric Water Heater
Deck, Porch, High Speed Internet Available, Asphalt

Building Details

Year Built 1900
Buildings 1
Listing Agency: Keller Williams Upstate New York Properties
Listed By: Tim Mullinnex · License #10401341885
Source: Kw
Added: Apr 16 Changed: Oct 16 Last Checked: Oct 16 at 7:39AM

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 Keller Williams Upstate New York Properties

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Investment Insights

Based on property information with market context.

Located at 38 River Street in Otego, NY, this two-unit duplex offers separate utilities for each apartment. Both units include two bedrooms and one bathroom. The main-level apartment is vacant and features updated flooring, kitchen, and bathroom finishes along with an open kitchen, dining, and living layout. The upper apartment has an eat-in kitchen, spacious living room, and a newer gas furnace; it is currently leased at $650 per month plus utilities.

Set on a corner lot, the property includes green space, a wrap-around front porch serving both apartments, and an elevated rear deck accessed from the main-level unit. Exterior improvements include vinyl siding, new windows, and new exterior doors. Off-street parking and a two-car detached garage add practical utility. The home was built in 1900.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each apartment
  • Separate utilities serve each unit
  • Main‑level apartment is vacant with new flooring and updated kitchen and bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Garden Center Dental Office Big Box & Wholesale 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 13825, NY

3,020
Population
1,573
Households
1.9
Avg Household Size
49
Median Age
29%
College-Educated
91%
High-School Grad
56.6 sq mi
ZIP Area
53
Density / Sq Mi
$73,966
Median Household Income
$48,561
Median Earnings
$890
Median Rent
$183,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Separate utilities, refreshed interiors, outdoor living areas, and a detached garage support flexible residential use.
Where is this duplex located?
The property is located at 38 River Street Otego, NY.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each apartment; Separate utilities serve each unit; Main‑level apartment is vacant with new flooring and updated kitchen and bathroom
More about this property
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