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Income-Generating Duplex Property
For Sale
$239,999

705 Kirkland Street, Utica, NY 13502

Residential, Utica, NY

Property Size1,670 SF
Price / SF$143.71
Days on Market100

Property Features for 705 Kirkland Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2, Basement, Bathroom 2
Exterior features Fence
Fencing Fenced
Appliances GasWaterHeater
Lot features Flag Lot, Near Public Transit
Elementary school district Utica
Middle school district Utica
High school district Utica
Subdivision Utica-City-301600
Standard status Active
APN 318.56-1-58
Size 1,670 SF

Taxes and HOA fees

Tax Annual Amount 2320

Utilities

Heating system Natural Gas, Electric (Heating), Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Varies, Laminate, Vinyl
Building materials VinylSiding, CopperPlumbing, PexPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: Assist2Sell Buyers & Sellers 1st Choice · Assist-2-Sell
Listed By: Alen Zekic · License #10401267029
Added: Jun 30 Changed: Sep 29 Last Checked: Oct 7 at 3:06PM
MLS# S1695032

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 listing presents an income-focused duplex classified as a residential income property and multifamily asset. The property totals 1,670 square feet and is offered for sale at $239,999. While additional interior features are not provided here, the designation indicates a structure intended to support separate residential rental occupancy.

The property is located at 705 Kirkland Street in Utica, New York 13502, within Oneida County. This address information can be used to confirm access details and nearby context directly during due diligence.

From a tenant or buyer perspective, a duplex configuration typically appeals to operators looking to manage residential rentals within a smaller, straightforward multifamily format. As a residential income property, it may suit buyers interested in owning housing built for rental use, subject to confirming current condition, lease status, and local permitting requirements. Interested parties should review the property in person and verify all operating details during underwriting and inspection.

Key Highlights

  • Year built: 1900
  • Asphalt roof
  • Heating includes natural gas forced air and electric heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,126
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,520 $302.5K
Cap Rate 7%
$216,086 $216.1K
Cap Rate 9%
$168,067 $168.1K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$23.0K $13.80/SF
− Vacancy
−$1.4K −$0.86/SF
EGI
$21.6K $12.94/SF
− OpEx
−$6.5K −$3.88/SF
NOI
$15.1K $9.06/SF
Area
Oneida County, NY
Vacancy
6.24%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,520
Cap Rate 7%
$216,086
Cap Rate 9%
$168,067

Alternative Uses

Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K (±1% cap)
NOI $15,126 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$198.6K
$173.8K – $231.7K (±1% cap)
NOI $13,902 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$440.1K
$385.1K – $513.4K (±1% cap)
NOI $30,805 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Storage Facility Skin Care Clinic Locksmith Veterinary Clinic (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,288
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
View Realmo Analytics

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?
Duplex - For sale duplex totaling 1,670 SF, positioned for buyers seeking residential rental income in Utica, NY.
Where is this duplex located?
The property is located at 705 Kirkland Street Utica, NY.
What is the asking price?
The asking price for this property is $239,999.
What are key features of this property?
This property features: Year built: 1900; Asphalt roof; Heating includes natural gas forced air and electric heating
More about this property
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