Four-Unit Frame
For Sale
$299,000
62-1/2 Dietz Street, Oneonta, NY 13820
Residential, Oneonta, NY
Property Size2,846 SF
Lot Size0.16 Acres
Price / SF$105.06
Days on Market97
Property Features for 62-1/2 Dietz Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Directions
From main Street Oneonta, take Dietz St for 2 blocks, property on the right.
Subdivision
Oneonta-City-361200
Standard status
Active
APN
288.17-5-63
Size
2,846 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
7688
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Flooring type
Carpet, Hardwood, Varies
Building materials
BlownInInsulation, Frame
Architectural style
Other
Listing Agency:
Keller Williams Upstate NY Properties · Keller Williams Realty
(607) 431-2540
Listed By:
Anthony Heath · License #10401359601
(607) 267-3166
Added: Jul 28
Changed: Oct 30
Last Checked: Nov 1 at 11:06PM
MLS# R1698493
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 four-unit residential property contains 2,846 square feet on a 0.16-acre lot. Built in 1915, the frame structure includes a mix of hardwood, carpet, and varied flooring, with six bedrooms and three bathrooms identified across the property. A gas water heater and blown-in insulation are also present.
Heating is provided by a forced-air natural gas system, and the property is connected to public water. The configuration offers four separate residential units within an established multifamily building, with a combination of six bedrooms and three bathrooms documented in the available property information.
Heating is provided by a forced-air natural gas system, and the property is connected to public water. The configuration offers four separate residential units within an established multifamily building, with a combination of six bedrooms and three bathrooms documented in the available property information.
Key Highlights
- Four‑unit residential property
- 2,846 square feet on a 0.16‑acre lot
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,851
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,020
$497.0K
Cap Rate 7%
$355,014
$355.0K
Cap Rate 9%
$276,122
$276.1K
Market Conditions
NOI Build-Up for 2,846 SF
Gross rent
$37.6K $13.20/SF
− Vacancy
−$2.1K −$0.73/SF
EGI
$35.5K $12.47/SF
− OpEx
−$10.7K −$3.74/SF
NOI
$24.9K $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%
$497,020
Cap Rate 7%
$355,014
Cap Rate 9%
$276,122
Alternative Uses
Best Use
Multifamily LT 5
$355.0K
$310.6K – $414.2K
NOI $24,851 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$331.4K
$290.0K – $386.6K
NOI $23,198 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$784.5K
$686.5K – $915.3K
NOI $54,916 @ 7.0% cap · market cap 18.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with hardwood and carpet flooring, natural gas heating, and public water service.
Where is this quadplex located?
The property is located at 62-1/2 Dietz Street Oneonta, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit residential property; 2,846 square feet on a 0.16‑acre lot; Built in 1915
