Updated Two-Family
For Sale
$179,900
724 Warren Street, Utica, NY 13502
Residential, Utica, NY
Property Size1,808 SF
Price / SF$99.50
Days on Market148
Property Features for 724 Warren Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 6, Basement, Bedroom 3, Bathroom 1
Parking features
Paved or Surfaced
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
318.48-2-56
Size
1,808 SF
Taxes and HOA fees
Tax Annual Amount
2846
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Varies, Laminate, Tile
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
Assist2Sell Buyers & Sellers 1st Choice · Assist-2-Sell
(315) 735-9244
Listed By:
Alen Zekic · License #10401267029
(315) 570-0148
Added: May 13
Changed: Sep 29
Last Checked: Oct 7 at 11:06AM
MLS# S1680990
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 1,808-square-foot duplex includes two apartments with distinct layouts. The first-floor residence has four bedrooms and one bathroom, while the second-floor unit provides two bedrooms and one bathroom. Separate utilities support independent operation between the units.
Recent improvements completed within the last 2 years include water heaters, flooring, selected walls and doors, kitchens, and bathrooms. The property also features a basement, vinyl siding, forced-air natural gas heat, a public water supply, and a fenced lot with paved parking.
Recent improvements completed within the last 2 years include water heaters, flooring, selected walls and doors, kitchens, and bathrooms. The property also features a basement, vinyl siding, forced-air natural gas heat, a public water supply, and a fenced lot with paved parking.
Key Highlights
- 1,808‑square‑foot two‑family property with two separate apartments
- First‑floor unit includes 4 bedrooms and 1 bathroom
- Second‑floor unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,375
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,500
$327.5K
Cap Rate 7%
$233,929
$233.9K
Cap Rate 9%
$181,944
$181.9K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$25.0K $13.80/SF
− Vacancy
−$1.6K −$0.86/SF
EGI
$23.4K $12.94/SF
− OpEx
−$7.0K −$3.88/SF
NOI
$16.4K $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%
$327,500
Cap Rate 7%
$233,929
Cap Rate 9%
$181,944
Alternative Uses
Best Use
Multifamily LT 5
$233.9K
$204.7K – $272.9K
NOI $16,375 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$215.0K
$188.1K – $250.9K
NOI $15,051 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$476.4K
$416.9K – $555.9K
NOI $33,351 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,305
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer flexible residential income use with individual utilities and on-site parking.
Where is this duplex located?
The property is located at 724 Warren Street Utica, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1,808‑square‑foot two‑family property with two separate apartments; First‑floor unit includes 4 bedrooms and 1 bathroom; Second‑floor unit includes 2 bedrooms and 1 bathroom
