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Four-Unit Quadplex
New
For Sale
$325,000

62-1/2 Dietz Street, Oneonta, NY 13820

MULTI_FAMILY - Other - Oneonta, NY

Property Size2,846 SF
Lot Size0.16 Acres
Price / SF$114.20
Days on Market4

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 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6
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 4
Flooring type Hardwood, Varies, Carpet
Building materials BlownInInsulation, Frame
Architectural style Other
Listing Agency: Keller Williams Upstate NY Properties · Keller Williams Realty
Listed By: Anthony Heath · License #10401359601
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 31 at 2:06PM
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.

Investment Insights

Based on property information with market context.

Four-unit quadplex at 62-1/2 Dietz Street in Oneonta, built in 1915 and sized at 2,846 square feet. The property is served by public water and heated with natural gas forced air, with a gas water heater. Interior finishes include hardwood, carpeting, and varied flooring. Construction materials include frame construction and blown-in insulation.

The layout includes multiple bedrooms and bathrooms across the unit configuration, supporting its continued use as an income-producing residential property. The lot size is 0.16 acres, providing a compact, manageable site for a four-unit building.

With four units in place, the property can support a range of occupancy approaches, including living in one unit while renting the others.

Key Highlights

  • Four‑unit quadplex totaling 2,846 square feet
  • Built in 1915 with frame construction and blown‑in insulation
  • Natural gas forced‑air heating with a gas water heater

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.6k $13.20
− Vacancy −$2.1k −$0.73
EGI $35.5k $12.47
− OpEx −$10.7k −$3.74
NOI $24.9k $8.73
2,846 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$355.0K
$310.6K – $414.2K (±1% cap)
NOI $24,851 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$331.4K
$290.0K – $386.6K (±1% cap)
NOI $23,198 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$784.5K
$686.5K – $915.3K (±1% cap)
NOI $54,916 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Garden Center Storage Facility Daycare Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,024
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 - Four-unit quadplex with natural gas forced-air heat, a gas water heater, 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 $325,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 2,846 square feet; Built in 1915 with frame construction and blown‑in insulation; Natural gas forced‑air heating with a gas water heater
More about this property
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