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Four-Unit Apartment Property
New
For Sale
$575,000

113 Parkside Drive, Lake Placid, NY 12946

MULTI_FAMILY - Other - Lake Placid, NY

Property Size3,712 SF
Lot Size0.20 Acres
Price / SF$154.90
Days on Market6

Property Features for 113 Parkside Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features Driveway
Spa 1
Window features Double Pane Windows
Patio and Porch features Porch
Fireplace 1
Basement Exterior Entry, Unfinished, Full
Appliances Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
Elementary school district Lake Placid
Middle school district Lake Placid
High school district Lake Placid
Directions From Mirror Lake drive: 2nd home on left
Subdivision Lake Placid
Standard status Active
APN 42.207-7-28.000
Size 3,712 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 6796

Utilities

Sewer type Public Sewer
Water source Public

Amenities

common laundry area
fireplace

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Flooring type Hardwood
Building materials Vinyl Siding, Wood Siding
Roof type Composition
Architectural style Other
Listing Agency: Bob Miller Real Estate
Listed By: Francis (Bob) Miller
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 9 at 1:06AM
MLS# 208050

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 quadplex includes four two-bedroom apartments arranged across two separate buildings totaling 3,712 square feet on a 0.2-acre parcel. Each unit is separately metered, with tenants responsible for their own heat and electric. Shared amenities include a common laundry area, driveway parking for six cars, and a porch. Public water and public sewer serve the property.

The front building dates to 1920 and features a fireplace, hardwood flooring, newer windows, updated electrical and plumbing systems, and renovated kitchens and bathrooms. The rear building was constructed in 2008. The property is located on Parkside Drive in Lake Placid, within walking distance of the village center, restaurants, Mirror Lake, and the lake beach. Units are currently rented.

Key Highlights

  • Four two‑bedroom apartments in two separate buildings
  • 3,712 square feet on a 0.2‑acre parcel
  • Six‑car driveway parking and shared laundry area

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Auto Repair Shop Furniture & Home Goods Skin Care Clinic

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 12946, NY

5,217
Population
3,923
Households
1.3
Avg Household Size
46
Median Age
46%
College-Educated
94%
High-School Grad
137.2 sq mi
ZIP Area
38
Density / Sq Mi
$78,261
Median Household Income
$38,845
Median Earnings
$982
Median Rent
$443,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered apartments occupy two buildings with shared laundry and on-site driveway parking.
Where is this quadplex located?
The property is located at 113 Parkside Drive Lake Placid, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four two‑bedroom apartments in two separate buildings; 3,712 square feet on a 0.2‑acre parcel; Six‑car driveway parking and shared laundry area
More about this property
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