Champlain Duplex Near Canadian
For Sale
$146,000
11284 U.S 9, Champlain, NY 12919
MULTI_FAMILY - Champlain, NY
Property Size1,364 SF
Price / SF$107.04
Days on Market100
Property Features for 11284 U.S 9
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Window features
Double Pane Windows
Appliances
Electric Oven, Microwave, Refrigerator
Elementary school district
Northeastern Clinton
Middle school district
Northeastern Clinton
High school district
Northeastern Clinton
Directions
Take Route 9 through Village of Champlain on way to Canadian Border, home will be on your right.
Subdivision
Champlain, Rouses Point, Mooers
Standard status
Active
APN
18.11-2-8
Size
1,364 SF
Taxes and HOA fees
Tax Annual Amount
2636
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1876
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Kavanaugh Realty
(518) 562-4679
Listed By:
Joey Trombley
(518) 572-0441
Added: May 12
Changed: Aug 18
Last Checked: Aug 19 at 1:06AM
MLS# 207203
Copyright © 2026 Adirondack Champlain Valley MLS. 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 property offers a duplex opportunity suitable for homeowners. It features a spacious 2-bedroom apartment and an additional 1-bedroom unit. The layout includes a separation between both apartments to ensure privacy. Situated on a village lot, the property provides outdoor space. The location is near the Canadian border, offering access to cross-border amenities. This duplex is suitable for investors looking to diversify their portfolio or those interested in owner-occupancy. The property is located in Champlain, NY. The property size is 1364 square feet.
Key Highlights
- Duplex offers owner‑occupancy with rental income potential.
- Located minutes from the Canadian border.
- Features a 2‑bedroom apartment and a separate 1‑bedroom unit.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,920
$232.9K
Cap Rate 7%
$166,371
$166.4K
Cap Rate 9%
$129,400
$129.4K
Market Conditions
NOI Build-Up for 1,364 SF
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.
Gross rent
$18.0K $13.20/SF
− Vacancy
−$1.4K −$1.00/SF
EGI
$16.6K $12.20/SF
− OpEx
−$5.0K −$3.66/SF
NOI
$11.6K $8.54/SF
Area
Clinton County, NY
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,920
Cap Rate 7%
$166,371
Cap Rate 9%
$129,400
Alternative Uses
Best Use
Multifamily LT 5
$166.4K
$145.6K – $194.1K
NOI $11,646 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$147.9K
$129.4K – $172.6K
NOI $10,353 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$376.0K
$329.0K – $438.7K
NOI $26,320 @ 7.0% cap · market cap 18.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 12919, NY
3,011
Population
1,262
Households
2.4
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
37.4 sq mi
ZIP Area
81
Density / Sq Mi
$77,072
Median Household Income
$40,457
Median Earnings
$1,032
Median Rent
$170,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex opportunity near the Canadian border, ideal for investors.
Where is this duplex located?
The property is located at 11284 U.S 9 Champlain, NY.
What is the asking price?
The asking price for this property is $146,000.
What are key features of this property?
This property features: Duplex offers owner‑occupancy with rental income potential.; Located minutes from the Canadian border.; Features a **2‑bedroom apartment** and a separate **1‑bedroom unit**.
