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Four-Unit Corner-Lot Quadplex
New
For Sale
$259,900

120 Diamond St, Canastota, NY 13032

Three remodeled units are operating, while a fourth unit awaits completion and interior improvements.

Property Size4,262 SF
Price / SF$61.88
Days on Market4

Property Features for 120 Diamond St

General Information

Standard status Active
Size 4,262 SF
Property subtype Multi Family

Property Condition

Severity Major
Evidence down to the studs

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,991

Building Details

Building Size 4,262 SF
Year Built 1976
Buildings 1
Stories 2
Units 4
Listing Agency:
Listed By: Jacob Loope
Source: Elliman
Added: Aug 17 Changed: Aug 18 Last Checked: Aug 19 at 12:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacob Loope

Investment Insights

Based on property information with market context.

This four-unit property offers just over 4,200 square feet of living space, configured with two one-bedroom apartments and two two-bedroom apartments. Three units have been updated and remodeled, while the remaining unit is unfinished down to the studs and ready for completion. The building dates to 1976 and includes an attached rear garage that provides additional storage space.

Set on a corner lot, the property has a rear parking area accommodating 4+ cars. The location is 3 minutes from I-90 and has a walk score of 69 and a bike score of 56. The property is currently generating income from three occupied units, with one additional unit available for completion and lease-up.

Key Highlights

  • Four‑unit property with just over 4,200 square feet of living space
  • Unit mix includes 2 one‑bedroom units and 2 two‑bedroom units
  • 3 units are updated and remodeled; 1 unit is unfinished down to the studs

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Pharmacy Spa & Massage Center Skin Care Clinic Bakery Plumbing Service

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 13032, NY

12,336
Population
6,217
Households
2
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
82.5 sq mi
ZIP Area
150
Density / Sq Mi
$74,217
Median Household Income
$39,904
Median Earnings
$920
Median Rent
$148,900
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 - Three remodeled units are operating, while a fourth unit awaits completion and interior improvements.
Where is this quadplex located?
The property is located at 120 Diamond St Canastota, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Four‑unit property with just over 4,200 square feet of living space; Unit mix includes 2 one‑bedroom units and 2 two‑bedroom units; 3 units are updated and remodeled; 1 unit is unfinished down to the studs
More about this property
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