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Quadplex with Renovated Multi-Family Residence
New
For Sale
$1,970,000

515 Evening Inn Road, Oneonta, NY 13820

MULTI_FAMILY - Other - Oneonta, NY

Property Size4,660 SF
Lot Size162.54 Acres
Price / SF$422.75
Days on Market6

Property Features for 515 Evening Inn Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential Multi Use
Bedrooms 11
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 10, Bedroom 7, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 11, Bedroom 8, Bathroom 1, Basement, Bedroom 5, Bedroom 3, Bedroom 9, Bedroom 4
Exterior features PropaneTankLeased
Fireplace 1
Appliances ElectricWaterHeater
Lot features Irregular Lot, Rural Lot
Elementary school district Oneonta
Middle school district Oneonta
High school district Oneonta
Subdivision Milford-364089
Standard status Active
APN 276.00-2-8.01
Size 4,660 SF
Lot size 162.54 Acres

Taxes and HOA fees

Tax Annual Amount 13249

Utilities

Sewer type Septic Tank
Heating system Propane (Heating), Baseboard, Forced Air, Electric (Heating)
Water source Well
Water front features Pond

Amenities

barns
ponds

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Flooring type Tile, Vinyl, Resilient, Hardwood, Varies
Building materials VinylSiding, WoodSiding
Architectural style Other
Listing Agency: Keller Williams Upstate NY Properties · Keller Williams Realty
Listed By: Jami J. Brown · License #10401372309
Added: Jul 27 Changed: Aug 1 Last Checked: Aug 1 at 11:06PM
MLS# R1699844

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.

Investment Insights

Based on property information with market context.

This quadplex-style residential income property includes two single-family homes and a completely updated and renovated multi-family residence (#515). The multi-family features a spacious 4-bedroom apartment and a 2-bedroom apartment, plus dedicated framed space ready to add two additional units. One of the single-family homes (#507) was newly remodeled in 2024. Beyond the residences, the property includes four barns and garage spaces for 10+ cars, along with space for RV, boat, ATV’s, snowmobiles, and other equipment. The property’s open fields, wooded acreage, and pond provide a flexible setting for farming, horses, cattle, sheep, hunting, hiking, ATV trails, and other outdoor recreation.

Located on Milford’s Evening Inn Road, it is just minutes from downtown Oneonta and within the Oneonta School District. The property has a well water source and uses a septic tank.

Built in 1900, the home features a mix of flooring and heating options, including propane and electric heat with baseboard and forced-air systems, and includes a fireplace. Exterior materials include vinyl siding and wood siding.

Key Highlights

  • Two single‑family homes plus updated multi‑family residence (#515) with 4‑bedroom and 2‑bedroom apartments
  • Single‑family home #507 newly remodeled in 2024
  • Framed space ready to add two additional units within the multi‑family (#515)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Electronics & Wireless Store Restaurant Hotel & Motel

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated multi-family setup plus two homes on expansive acreage with a pond and outbuildings including four barns.
Where is this quadplex located?
The property is located at 515 Evening Inn Road Oneonta, NY.
What is the asking price?
The asking price for this property is $1,970,000.
What are key features of this property?
This property features: Two single‑family homes plus updated multi‑family residence (#515) with 4‑bedroom and 2‑bedroom apartments; Single‑family home #507 newly remodeled in 2024; Framed space ready to add two additional units within the multi‑family (#515)
More about this property
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