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Renovated Duplex with Paved Parking
For Sale
$269,900
Pending

101 Dillaye Avenue, Syracuse, NY 13206

Residential, Syracuse, NY

Property Size2,012 SF
Lot Size0.11 Acres
Days on Market100

Property Features for 101 Dillaye Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential 2 Unit
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Basement
Patio and Porch features Porch, Deck
Exterior features Deck, Fence
Fencing Fenced
Appliances ElectricWaterHeater
Lot features Greenbelt, Near Public Transit, Rectangular, Rectangular Lot
Elementary school district Syracuse
Middle school district Syracuse
High school district Syracuse
Directions Turn on Dillaye Ave from Burnet, property is on the left
Subdivision Syracuse City-311500
Standard status Pending
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 Laminate, Varies, Vinyl
Building materials VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: Candy Costa Real Estate LLC
Listed By: Christina Dischiave · License #10401345577
Added: Jul 3 Changed: Sep 18 Last Checked: Oct 10 at 12:06AM
MLS# S1695668

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 duplex offers 2,012 square feet on a 0.1121-acre lot, with two residential units and a five-car paved parking area. Renovation work included a new roof, kitchens, bathrooms, flooring, plumbing, electrical systems, mechanicals, windows, and interior paint. Exterior features include decks, a porch, vinyl siding, and a privacy fence enclosing the grassy yard. Heating is provided by natural gas forced air, with public water service and a shingle roof.

The property is fully occupied by long-term tenants and requires an approved appointment for showings. Its location provides access to the highway and downtown Syracuse. The residence was built in 1890 and has been maintained by the owner and tenants.

Key Highlights

  • 2,012‑square‑foot duplex on a 0.1121‑acre lot
  • Fully occupied by long‑term tenants
  • Five‑car paved parking area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,408
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,160 $428.2K
Cap Rate 7%
$305,829 $305.8K
Cap Rate 9%
$237,867 $237.9K
Market Conditions
NOI Build-Up for 2,012 SF
Gross rent
$32.6K $16.20/SF
− Vacancy
−$2.0K −$1.00/SF
EGI
$30.6K $15.20/SF
− OpEx
−$9.2K −$4.56/SF
NOI
$21.4K $10.64/SF
Area
Syracuse, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,160
Cap Rate 7%
$305,829
Cap Rate 9%
$237,867

Alternative Uses

Best Use
Multifamily LT 5
$305.8K
$267.6K – $356.8K (±1% cap)
NOI $21,408 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$271.4K
$237.5K – $316.6K (±1% cap)
NOI $18,997 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$349.7K
$306.0K – $407.9K (±1% cap)
NOI $24,476 @ 7.0% cap · market cap 9.07%
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 Dental Office Real Estate Agency Hair Salon Furniture & Home Goods Parking Lot & Garage

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
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 13206, NY

16,599
Population
8,460
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,049
Density / Sq Mi
$60,314
Median Household Income
$40,429
Median Earnings
$952
Median Rent
$130,300
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 - The two-family home includes updated interiors, decks, and a fenced grassy yard.
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 $269,900.
What are key features of this property?
This property features: 2,012‑square‑foot duplex on a 0.1121‑acre lot; Fully occupied by long‑term tenants; Five‑car paved parking area
More about this property
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