Two-Unit Duplex with
For Sale
$179,900
187 Wisconsin St, Rochester, NY 14609
Occupied one-bedroom apartments include a shared backyard, vinyl exteriors, and coin-operated laundry.
Property Size1,275 SF
Days on Market25
Property Features for 187 Wisconsin St
General Information
Standard status
Active
Size
1,275 SF
Property subtype
Multi Family
Occupancy
100%
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,124
Amenities
shared private backyard
coin-operated laundry
Building Details
Building Size
1,275 SF
Year Built
1925
Units
2
Listing Agency:
RE/MAX Plus
Listed By:
Colin Dombek · License #10301219760
(585) 279-8026
Source:
Elliman
Added: Sep 12
Changed: Oct 5
Last Checked: Oct 5 at 6:50PM
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 RE/MAX Plus
Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two one-bedroom apartments, both currently rented. The property combines durable vinyl siding and vinyl windows with a shared private backyard, off-street parking, and coin-operated laundry serving the residents.
Located at 187 Wisconsin St in Rochester, the property records a Bike Score of 65, a Walk Score of 66, and a Transit Score of 41. Its two-unit layout provides separate residential spaces within a compact multifamily asset.
Located at 187 Wisconsin St in Rochester, the property records a Bike Score of 65, a Walk Score of 66, and a Transit Score of 41. Its two-unit layout provides separate residential spaces within a compact multifamily asset.
Key Highlights
- Two one‑bedroom apartments, both currently rented
- Shared private backyard for the two units
- Off‑street parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,674
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,480
$293.5K
Cap Rate 7%
$209,629
$209.6K
Cap Rate 9%
$163,044
$163.0K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$22.2K $17.40/SF
− Vacancy
−$1.2K −$0.96/SF
EGI
$21.0K $16.44/SF
− OpEx
−$6.3K −$4.93/SF
NOI
$14.7K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,480
Cap Rate 7%
$209,629
Cap Rate 9%
$163,044
Alternative Uses
Best Use
Multifamily LT 5
$209.6K
$183.4K – $244.6K
NOI $14,674 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$186.8K
$163.5K – $218.0K
NOI $13,079 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$349.3K
$305.6K – $407.5K
NOI $24,449 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 14609, NY
41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
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
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied one-bedroom apartments include a shared backyard, vinyl exteriors, and coin-operated laundry.
Where is this duplex located?
The property is located at 187 Wisconsin St Rochester, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two one‑bedroom apartments, both currently rented; Shared private backyard for the two units; Off‑street parking included
