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Two-Unit Duplex with Laundry
For Sale
$179,900

187 Wisconsin Street, Rochester, NY 14609

Residential, Rochester, NY

Property Size1,275 SF
Lot Size0.11 Acres
Price / SF$141.10
Days on Market26

Property Features for 187 Wisconsin Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 1
Appliances GasWaterHeater
Subdivision Thos Bucher
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Standard status Active
APN 261400-107-720-0003-011-000-0000
Size 1,275 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 5124

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

shared private backyard
off-street parking
coin-operated laundry

Building Details

Year built 1925
Floors in Building 1
Number of units 2
Flooring type Varies, Vinyl, Tile
Building materials VinylSiding
Roof type Asphalt
Listing Agency: RE/MAX Plus · RE/MAX International
Listed By: Colin Dombek · License #10301219760
Added: Sep 11 Changed: Oct 1 Last Checked: Oct 6 at 11:06AM
MLS# R1713968

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 1,275-square-foot duplex, built in 1925, contains two one-bedroom apartments and a basement. The property is fully rented and includes a shared private backyard, off-street parking, and coin-operated laundry. Vinyl siding, vinyl windows, varied tile and vinyl flooring, asphalt roofing, and a gas water heater are among the existing improvements. Heating is provided by forced-air natural gas, with public water serving the building.

Located in Rochester, New York, the property occupies 0.1065 acres at 187 Wisconsin Street. The two-unit configuration offers separate apartments within a compact residential building, while the shared outdoor area and on-site parking provide practical amenities for occupants.

Key Highlights

  • Two 1‑bedroom apartments in a fully rented duplex
  • 1,275 square feet on 0.1065 acres
  • Coin‑operated laundry, shared private backyard, and off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,674
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,480 $293.5K
Cap Rate 7%
$209,629 $209.6K
Cap Rate 9%
$163,044 $163.0K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$22.2K $17.40/SF
− Vacancy
−$1.2K −$0.96/SF
EGI
$21.0K $16.44/SF
− OpEx
−$6.3K −$4.93/SF
NOI
$14.7K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,480
Cap Rate 7%
$209,629
Cap Rate 9%
$163,044

Alternative Uses

Best Use
Multifamily LT 5
$209.6K
$183.4K – $244.6K (±1% cap)
NOI $14,674 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$186.8K
$163.5K – $218.0K (±1% cap)
NOI $13,079 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$349.3K
$305.6K – $407.5K (±1% cap)
NOI $24,449 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Auto Parts 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.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
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 - Fully rented property with two one-bedroom apartments, a shared backyard, and off-street parking.
Where is this duplex located?
The property is located at 187 Wisconsin Street Rochester, 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: Two 1‑bedroom apartments in a fully rented duplex; 1,275 square feet on 0.1065 acres; Coin‑operated laundry, shared private backyard, and off‑street parking
More about this property
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