Two-Unit Duplex With
For Sale
$149,000
46 Parker Ave, Massena, NY 13662
MULTI_FAMILY - Massena, NY
Property Size1,973 SF
Price / SF$75.52
Days on Market23
Property Features for 46 Parker Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Family Room, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking features
Driveway, Garage
Patio and Porch features
Deck, Patio
Interior features
Ceiling fan(s), Kitchen isle, Modern kitchen, Pantry
Exterior features
Deck, Enclosed patio, Storage/out-building(s)
Fencing
Fenced
Fireplace
1
Lot features
Landscaping, Level lot
Directions
From 37 in Massena, turn onto Parker Ave at Dairy Queen intersection. Go through stop sign and #46 will be third on the left.
Subdivision
ST LAWRENCE
Standard status
Active
APN
9.067-12-18
Size
1,973 SF
Taxes and HOA fees
Tax Annual Amount
3549
Utilities
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet, Laminate
Building materials
Vinyl siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Trego Realty Group, LLC
(315) 705-5542
Listed By:
Elizabeth Trego · License #10491210659
(315) 842-0266
Added: Jul 9
Last Checked: Jul 31 at 8:06AM
MLS# 53050
Copyright © 2026 St. Lawrence Board of Realtors. 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 well-maintained duplex features two separate apartments with separate living areas. The first-floor unit offers two bedrooms and two full bathrooms, including one bathroom located in the basement. The layout includes an enclosed front entry, a double living room with a gas fireplace, a den, and a mudroom with a closet, with an enclosed back porch overlooking a fenced backyard. A back deck provides additional outdoor space. The basement is accessible from the first-floor unit and includes a laundry area with a washer and dryer, the second full bathroom, and an additional storage room.
The second-floor unit includes two bedrooms, one full bathroom, a bright kitchen, a comfortable living room, and an alcove that can be used as a reading nook, home office, or play area. This unit also has access to the attic for extra storage.
Outside, the property includes a garage that has been converted into a workshop, along with an extra room off the back that can support hobbies, projects, or additional storage, with the option to convert back to a traditional garage. A separate storage shed is also located in the backyard.
The second-floor unit includes two bedrooms, one full bathroom, a bright kitchen, a comfortable living room, and an alcove that can be used as a reading nook, home office, or play area. This unit also has access to the attic for extra storage.
Outside, the property includes a garage that has been converted into a workshop, along with an extra room off the back that can support hobbies, projects, or additional storage, with the option to convert back to a traditional garage. A separate storage shed is also located in the backyard.
Key Highlights
- Duplex built in 1920 with two separate apartments, each with its own living areas
- First‑floor unit layout includes 2 bedrooms, 2 full bathrooms, an enclosed front entry, double living room, den, and mudroom
- Gas fireplace and enclosed back porch overlooking a fenced backyard, plus a back deck for outdoor living
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 | $18.2k | $9.24 |
| − Vacancy | −$3.8k | −$1.94 |
| EGI | $14.4k | $7.30 |
| − OpEx | −$4.3k | −$2.19 |
| NOI | $10.1k | $5.11 |
1,973 SF · lease $9.24/SF/yr · vacancy 21.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$144.0K
$126.0K – $168.0K
NOI $10,081 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$131.9K
$115.4K – $153.9K
NOI $9,231 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$489.5K
$428.3K – $571.1K
NOI $34,264 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 13662, NY
15,814
Population
7,785
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
89.2 sq mi
ZIP Area
177
Density / Sq Mi
$56,987
Median Household Income
$38,535
Median Earnings
$712
Median Rent
$118,300
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 - Well-maintained duplex with two two-bedroom apartments, shared basement access, and a garage converted to a workshop.
Where is this duplex located?
The property is located at 46 Parker Ave Massena, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Duplex built in 1920 with two separate apartments, each with its own living areas; First‑floor unit layout includes 2 bedrooms, 2 full bathrooms, an enclosed front entry, double living room, den, and mudroom; Gas fireplace and enclosed back porch overlooking a fenced backyard, plus a back deck for outdoor living
