Updated Two-Unit
For Sale
$189,900
136 Wadsworth St, Syracuse, NY 13203
Two apartments include three-bedroom and one-bedroom layouts with recent improvements to roofing, electrical systems, windows, and bathrooms.
Property Size1,440 SF
Price / SF$131.88
Days on Market51
Property Features for 136 Wadsworth St
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Building Details
Year Built
1900
Construction
bungalow
Listing Agency:
eXp Realty
Listed By:
Glenn Riemenschneider
(315) 559-0696
Source:
Rooftoprealtygroup
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 16 at 2:24PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this two-family bungalow contains a three-bedroom apartment on the first floor and a one-bedroom apartment above. The property has received several updates, including a brand-new roof in 2026, new first-floor windows, two new electrical panels, a new service line, and bathroom improvements on both levels. The second-floor bathroom was renovated, while the first-floor bathroom received a new toilet and vanity.
Both units are served by furnaces approximately 5 years old. The front porch has also been completely rebuilt, adding to the recent improvement history. Located at 136 Wadsworth St in Syracuse, the property records a walk score of 51, a bike score of 47, and a transit score of 36.
Both units are served by furnaces approximately 5 years old. The front porch has also been completely rebuilt, adding to the recent improvement history. Located at 136 Wadsworth St in Syracuse, the property records a walk score of 51, a bike score of 47, and a transit score of 36.
Key Highlights
- Two‑family bungalow with 3‑bedroom and 1‑bedroom apartments
- Brand‑new roof installed in 2026
- Two new electrical panels and new service line
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,322
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,440
$306.4K
Cap Rate 7%
$218,886
$218.9K
Cap Rate 9%
$170,244
$170.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$23.3K $16.20/SF
− Vacancy
−$1.4K −$1.00/SF
EGI
$21.9K $15.20/SF
− OpEx
−$6.6K −$4.56/SF
NOI
$15.3K $10.64/SF
Area
Syracuse, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,440
Cap Rate 7%
$218,886
Cap Rate 9%
$170,244
Alternative Uses
Best Use
Multifamily LT 5
$218.9K
$191.5K – $255.4K
NOI $15,322 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$194.2K
$170.0K – $226.6K
NOI $13,596 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$250.3K
$219.0K – $292.0K
NOI $17,518 @ 7.0% cap · market cap 9.22%
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
546
Businesses Nearby
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Business Placement
Demographics for 13203, NY
16,240
Population
9,092
Households
1.8
Avg Household Size
37
Median Age
28%
College-Educated
84%
High-School Grad
1.7 sq mi
ZIP Area
9,553
Density / Sq Mi
$46,526
Median Household Income
$38,240
Median Earnings
$953
Median Rent
$148,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments include three-bedroom and one-bedroom layouts with recent improvements to roofing, electrical systems, windows, and bathrooms.
Where is this duplex located?
The property is located at 136 Wadsworth St Syracuse, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑family bungalow with 3‑bedroom and 1‑bedroom apartments; Brand‑new roof installed in 2026; Two new electrical panels and new service line
