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Four-Unit Multifamily Property
For Sale
$234,900
Pending

613 Spring St W, Utica, NY 13502

A four-unit income property with all units currently rented and recent roof and other updates.

Property Size5,270 SF
Days on Market125

Property Features for 613 Spring St W

General Information

Standard status Pending
Size 5,270 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,744

Building Details

Building Size 5,270 SF
Year Built 1950
Year Renovated 2026
Stories 2
Units 4
Tenancy Multi
Listed By: Colleen Egresits
Source: Elliman
Added: Jun 10 Changed: Oct 4 Last Checked: Oct 11 at 6:36AM

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 Colleen Egresits

Investment Insights

Based on property information with market context.

This four-unit multifamily property (quadplex) is structured for rental occupancy, with all four units currently rented. Recent improvements include a partial roof replacement completed in April 2026, along with additional updates made over recent years by the current landlord.

The property is located at 613 Spring St W in Utica, NY 13502. Based on available walk and bike scores, the area is somewhat bikeable and more car-dependent, which can be practical for tenants who rely primarily on vehicle access.

For buyers seeking an income-producing residential asset, the fully occupied layout may appeal because it reduces the immediate need to source tenants. With documented roof work and other ongoing upkeep, the property may also be of interest to investors looking for a managed, multi-unit setup within a fourplex format.

Key Highlights

  • 4‑unit multi‑family property built in 1950
  • All 4 units are currently rented
  • Partial roof replacement completed in April 2026

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Skin Care Clinic Wine and Liquor 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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,410
Businesses Nearby

Demographics for 13502, NY

33,990
Population
15,337
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
51.4 sq mi
ZIP Area
661
Density / Sq Mi
$59,530
Median Household Income
$36,927
Median Earnings
$965
Median Rent
$149,600
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
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Frequently Asked Questions

What type of property is this?
Quadplex - A four-unit income property with all units currently rented and recent roof and other updates.
Where is this quadplex located?
The property is located at 613 Spring St W Utica, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 4‑unit multi‑family property built in 1950; All 4 units are currently rented; Partial roof replacement completed in April 2026
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