Two-Unit Duplex with Private
New
For Sale
$199,900
139 W Van Buren St, Oswego, NY 13126
Two separate driveways provide each residence with its own parking area.
Property Size1,586 SF
Days on Market2
Property Features for 139 W Van Buren St
General Information
Standard status
Active
Size
1,586 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,911
Building Details
Building Size
1,586 SF
Year Built
1890
Buildings
1
Stories
2
Units
2
Listing Agency:
Century 21 Galloway Realty
Listed By:
Jeffrey Tonkin · License #30TO0955654
(315) 342-2111
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 5:05PM
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 Century 21 Galloway Realty
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Investment Insights
Based on property information with market context.
This 1890-built duplex contains two residences, each arranged with two bedrooms and one bathroom. Both units have separate forced-air furnaces. Laundry is located inside a bedroom in the lower residence, while the upper unit has basement laundry access and a private rear deck.
The corner property has two separate driveways, allowing independent parking for each unit. Updates include windows, portions of the plumbing and appliances, flooring, porch railings, and a concrete drive at the rear parking area.
The corner property has two separate driveways, allowing independent parking for each unit. Updates include windows, portions of the plumbing and appliances, flooring, porch railings, and a concrete drive at the rear parking area.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1890 construction
- Separate forced‑air furnaces for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,079
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,580
$261.6K
Cap Rate 7%
$186,843
$186.8K
Cap Rate 9%
$145,322
$145.3K
Market Conditions
NOI Build-Up for 1,586 SF
Gross rent
$20.0K $12.60/SF
− Vacancy
−$1.3K −$0.82/SF
EGI
$18.7K $11.78/SF
− OpEx
−$5.6K −$3.53/SF
NOI
$13.1K $8.25/SF
Area
Oswego County, NY
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,580
Cap Rate 7%
$186,843
Cap Rate 9%
$145,322
Alternative Uses
Best Use
Multifamily LT 5
$186.8K
$163.5K – $218.0K
NOI $13,079 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$173.8K
$152.1K – $202.8K
NOI $12,167 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$316.3K
$276.8K – $369.1K
NOI $22,144 @ 7.0% cap · market cap 11.08%
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
507
Businesses Nearby
Explore this area
Business Placement
Demographics for 13126, NY
35,477
Population
15,668
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
100.7 sq mi
ZIP Area
352
Density / Sq Mi
$63,590
Median Household Income
$30,469
Median Earnings
$992
Median Rent
$134,600
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 separate driveways provide each residence with its own parking area.
Where is this duplex located?
The property is located at 139 W Van Buren St Oswego, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1890 construction; Separate forced‑air furnaces for each unit
