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    101 Dillaye Avenue, Syracuse, NY 13206

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    Claim this Listing
    New
    For Sale
    $284,900

    MULTI_FAMILY - Other - Syracuse, NY

    Property size:
    2,012 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $141/SF
    Added:
    Jul 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 4 at 5:06 am

    Property Features for 101 Dillaye Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bedroom 2
    Patio and Porch features
    Deck, Porch
    Exterior features
    Deck, Fence
    Fencing
    Fenced
    Appliances
    ElectricWaterHeater
    Standard status
    Active
    APN
    311500-028-000-0011-010-001-0000
    Size
    2,012 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2455

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Laminate, Vinyl
    Building materials
    VinylSiding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Christina Dischiave

    Listing agent Christina Dischiave License #10401345577

    Listing office Candy Costa Real Estate LLC 3226 East Avenue, Central Square, NY

    Listing date Jul 3, 2026

    MLS# S1695668 Listing URL

    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.

    HighLights

    • Two‑family home built in 1890 with vinyl siding and shingle roof
    • Fully gutted and updated with new roof, kitchen, bathrooms, flooring, plumbing, and electrical
    • Heating includes natural gas forced air; electric water heater
    • Exterior features include porch, deck, and fenced big grassy yard
    • Public utilities: public water source
    • Includes basement, 4 bedrooms, and 2 bathrooms

    Overview

    This turnkey two-family property has been substantially updated, with a fully gutted interior completed after purchase. Reported improvements include a new roof, kitchen and bathroom updates, new flooring, plumbing and electrical work, interior paint, mechanicals, windows, and refreshed decks. The property is described as well maintained by the owner and tenants and is currently fully occupied, with showings requiring an approved appointment.

    The home is located on Dillaye Avenue in Syracuse, in a quiet street setting with convenient access to both the highway and downtown. Outdoor amenities include a big grassy yard with a privacy fence and a five-car paved parking lot.

    For buyers seeking a hands-on, ready-to-operate residential income asset, this property is presented as having the major renovation work already completed and ongoing upkeep maintained. The listing also notes existing long-term paying tenants who would like to stay, positioning the building for an owner looking for current income rather than a waiting-to-renovate scenario.

    Local 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 $32.6k $16.20
    − Vacancy −$2.0k −$1.00
    EGI $30.6k $15.20
    − OpEx −$9.2k −$4.56
    NOI $21.4k $10.64
    2,012 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $305.8K
    $267.6K – $356.8K (±1% cap)
    NOI $21,408 @ 7.0% cap · market cap 7.51%
    Second Best
    Apartment 5plus
    $271.4K
    $237.5K – $316.6K (±1% cap)
    NOI $18,997 @ 7.0% cap · market cap 6.67%
    Theoretical Best
    Office A
    $349.7K
    $306.0K – $407.9K (±1% cap)
    NOI $24,476 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Dental Office Hair Salon Gym & Fitness Center Nursing Home Nursing Home Furniture & Home Goods Clothing & Fashion Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.11709
    Latitude
    43.056172

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with upgraded systems, paved parking, and a fenced yard for long-term tenant stability.
    Where is this duplex located?
    The property is located at 101 Dillaye Avenue Syracuse, NY.
    What is the asking price?
    The asking price for this property is $284,900.
    What are key features of this property?
    This property features: Two‑family home built in 1890 with vinyl siding and shingle roof; Fully gutted and updated with new roof, kitchen, bathrooms, flooring, plumbing, and electrical; Heating includes natural gas forced air; electric water heater
    More about this property
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