Two-Unit Duplex with Covered
133 Hixson Ave, Syracuse, NY 13206
For Sale
$204,900
Pending
Eastwood duplex with spacious two-bedroom layouts, hardwood floors, and covered outdoor porches for each residence.
Property Size1,988 SF
Days on Market54
Property Features for 133 Hixson Ave
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
covered porches
walkup attic
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Hunt Real Estate Era
Listed By:
Michael Durant
(315) 488-2926
Source:
Elliman
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 12 at 9:22AM
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 Hunt Real Estate Era
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Investment Insights
Based on property information with market context.
Built in 1920, this Eastwood duplex contains two residences with matching layouts that include a living room, dining room, two bedrooms, bathroom, and kitchen. Hardwood flooring extends throughout, and each unit has both a front and rear covered porch. A full walkup attic provides additional storage, while the small lot keeps exterior maintenance requirements manageable.
Located at 133 Hixson Ave in Syracuse, the property offers access to established neighborhood amenities and transportation options. WalkScore is 75, BikeScore is 54, and TransitScore is 37. The layout supports owner occupancy with an additional residence or rental use for both units.
Located at 133 Hixson Ave in Syracuse, the property offers access to established neighborhood amenities and transportation options. WalkScore is 75, BikeScore is 54, and TransitScore is 37. The layout supports owner occupancy with an additional residence or rental use for both units.
Key Highlights
- Two‑unit duplex at 133 Hixson Ave, Syracuse, NY 13206
- Each unit includes a living room, dining room, 2 bedrooms, bathroom, and kitchen
- Hardwood floors throughout both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,770
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,400
$375.4K
Cap Rate 7%
$268,143
$268.1K
Cap Rate 9%
$208,556
$208.6K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$36.5K $18.36/SF
− Vacancy
−$2.4K −$1.19/SF
EGI
$34.1K $17.17/SF
− OpEx
−$15.4K −$7.72/SF
NOI
$18.8K $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%
$375,400
Cap Rate 7%
$268,143
Cap Rate 9%
$208,556
Alternative Uses
Best Use
Multifamily LT 5
$302.2K
$264.4K – $352.6K
NOI $21,153 @ 7.0% cap · market cap 10.32%
Second Best
Apartment 5plus
$268.1K
$234.6K – $312.8K
NOI $18,770 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$345.5K
$302.3K – $403.1K
NOI $24,184 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
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Business Placement
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
$130,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Syracuse, NY
Properties on Market for Duplexes in Syracuse
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Eastwood duplex with spacious two-bedroom layouts, hardwood floors, and covered outdoor porches for each residence.
Where is this duplex located?
The property is located at 133 Hixson Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: Two‑unit duplex at 133 Hixson Ave, Syracuse, NY 13206; Each unit includes a living room, dining room, 2 bedrooms, bathroom, and kitchen; Hardwood floors throughout both residences
