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Two-Unit Duplex with Separate Utilities
New
For Sale
$185,000

1224 North State Street, Syracuse, NY 13208

Independent furnaces, hot water tanks, and utility meters serve the two apartments.

Property Size2,148 SF
Days on Market7

Property Features for 1224 North State Street

General Information

Standard status Active
Size 2,148 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $29,400
Utilities to Site Yes

Amenities

washer/dryer hookups

Building Details

Building Size 2,148 SF
Year Built 1880
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Mauro Bros Real Estate Ser LLC
Listed By: Andre B Mauro · License #10491201020
Source: Griffith-realty
Added: Sep 21 Changed: Sep 25 Last Checked: Sep 26 at 11:28AM

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 Mauro Bros Real Estate Ser LLC

Investment Insights

Based on property information with market context.

This Syracuse duplex contains two apartments, each with three bedrooms and one full bathroom. Separate furnaces, hot water tanks, and utility meters serve the units. The first-floor apartment also has washer and dryer hookups. Built in 1880, the property has a fully paved lot with off-street parking.

Both apartments are occupied under one-year leases. Tenants pay their gas and electric utilities, while the owner pays for water.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 full bathroom
  • Separate furnace, hot water tank, and utility meters for each apartment
  • First‑floor unit includes washer and dryer hookups

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Garden Center HVAC Service Butcher

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Independent furnaces, hot water tanks, and utility meters serve the two apartments.
Where is this duplex located?
The property is located at 1224 North State Street Syracuse, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 full bathroom; Separate furnace, hot water tank, and utility meters for each apartment; First‑floor unit includes washer and dryer hookups
More about this property
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