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Updated Two-Unit Duplex
For Sale
$265,000

129 Ashworth Pl, Syracuse, NY 13210

Separate entrances serve the two residential units, with porches and a fenced front yard.

Property Size2,500 SF
Price / SF$106
Days on Market51

Property Features for 129 Ashworth Pl

General Information

Standard status Active
Size 2,500 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence blank canvas

Additional Details

Multifamily Units 2

Amenities

upper and lower porches
fenced-in front yard

Building Details

Year Built 1920
Listing Agency: Rooftop Realty Group LLC
Listed By: Melissa During · License #10301218972
Source: Rooftoprealtygroup
Added: Sep 7 Changed: Oct 26 Last Checked: Oct 26 at 8:40PM

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 Rooftop Realty Group LLC

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Investment Insights

Based on property information with market context.

Located at 129 Ashworth Place in Syracuse, this 2,500-square-foot duplex was built in 1920 and contains two residential units with separate entrances. The upper unit has been updated and includes access to an upper porch. The lower unit is unfinished, providing space for a future interior buildout.

Exterior features include upper and lower porches along with a fenced front yard. The property is near Syracuse University and the amenities of Syracuse, placing residential space and outdoor features within an established city setting.

Key Highlights

  • 2,500‑square‑foot duplex with two residential units
  • Built in 1920
  • Separate entrances for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,604
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,080 $472.1K
Cap Rate 7%
$337,200 $337.2K
Cap Rate 9%
$262,267 $262.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.9K $18.36/SF
− Vacancy
−$3.0K −$1.19/SF
EGI
$42.9K $17.17/SF
− OpEx
−$19.3K −$7.72/SF
NOI
$23.6K $9.44/SF
Area
Syracuse, NY
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,080
Cap Rate 7%
$337,200
Cap Rate 9%
$262,267

Alternative Uses

Best Use
Multifamily LT 5
$380.0K
$332.5K – $443.4K (±1% cap)
NOI $26,601 @ 7.0% cap · market cap 10.04%
Second Best
Apartment 5plus
$337.2K
$295.1K – $393.4K (±1% cap)
NOI $23,604 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K (±1% cap)
NOI $30,413 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,555
Businesses Nearby

Demographics for 13210, NY

23,150
Population
9,774
Households
2.4
Avg Household Size
27
Median Age
50%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
6,092
Density / Sq Mi
$38,783
Median Household Income
$20,554
Median Earnings
$1,081
Median Rent
$167,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Separate entrances serve the two residential units, with porches and a fenced front yard.
Where is this duplex located?
The property is located at 129 Ashworth Pl Syracuse, NY.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,500‑square‑foot duplex with two residential units; Built in 1920; Separate entrances for each unit
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