Duplex with Updated
1435 Midland Avenue, Syracuse, NY 13205
For Sale
$185,000
Pending
Residential, Syracuse, NY
Property Size1,728 SF
Lot Size0.11 Acres
Days on Market199
Property Features for 1435 Midland Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Architectural style
Listing Agency:
Empire Realty Group
(585) 347-4900
Listed By:
Tonya Britton · License NY #10401333644
(315) 807-1751
Added: Apr 30
Changed: Oct 30
Last Checked: Nov 14 at 1:06AM
MLS# S1677194
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This 1,728-square-foot duplex was built in 1920 and includes a basement, two bathrooms, four listed bedrooms, and a mix of hardwood and laminate flooring. The property has aluminum siding, public water service, natural-gas heat, and an air-filtration feature. Recent interior work includes new paint and replacement stoves, refrigerators, and microwaves. The sale is offered as-is.
Located in Syracuse, the property occupies a 0.1061-acre lot at 1435 Midland Avenue. Both units are described as having long-term tenants, and the property is also identified as suitable for owner occupancy. The existing layout and residential configuration provide a defined two-unit asset for a buyer evaluating an income property or personal residence.
Located in Syracuse, the property occupies a 0.1061-acre lot at 1435 Midland Avenue. Both units are described as having long-term tenants, and the property is also identified as suitable for owner occupancy. The existing layout and residential configuration provide a defined two-unit asset for a buyer evaluating an income property or personal residence.
Key Highlights
- 1,728 SF duplex on a 0.1061‑acre lot
- Built in 1920 with a basement and four listed bedrooms
- Two bathrooms and a mix of hardwood and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,315
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,300
$326.3K
Cap Rate 7%
$233,071
$233.1K
Cap Rate 9%
$181,278
$181.3K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$31.7K $18.36/SF
− Vacancy
−$2.1K −$1.19/SF
EGI
$29.7K $17.17/SF
− OpEx
−$13.3K −$7.72/SF
NOI
$16.3K $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%
$326,300
Cap Rate 7%
$233,071
Cap Rate 9%
$181,278
Alternative Uses
Best Use
Multifamily LT 5
$262.7K
$229.8K – $306.4K
NOI $18,386 @ 7.0% cap · market cap 9.94%
Second Best
Apartment 5plus
$233.1K
$203.9K – $271.9K
NOI $16,315 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$300.3K
$262.8K – $350.4K
NOI $21,021 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
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Business Placement
Demographics for 13205, NY
18,834
Population
8,868
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
3.6 sq mi
ZIP Area
5,232
Density / Sq Mi
$39,171
Median Household Income
$32,711
Median Earnings
$898
Median Rent
$96,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Syracuse, NY
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with hardwood flooring, fresh paint, and natural-gas heating.
Where is this duplex located?
The property is located at 1435 Midland Avenue Syracuse, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 1,728 SF duplex on a 0.1061‑acre lot; Built in 1920 with a basement and four listed bedrooms; Two bathrooms and a mix of hardwood and laminate flooring
