Duplex with Updated
For Sale
$185,000
Pending
1435 Midland Avenue, Syracuse, NY 13205
Residential, Syracuse, NY
Property Size1,728 SF
Lot Size0.11 Acres
Days on Market163
Property Features for 1435 Midland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bathroom 1, Bedroom 3
Interior features
AirFiltration
Appliances
GasWaterHeater
Subdivision
Syracuse
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Syracuse
Middle school district
Syracuse
High school district
Syracuse
Standard status
Pending
APN
311500-084-000-0025-022-000-0000
Size
1,728 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
1979
Utilities
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood, Laminate
Building materials
AluminumSiding
Architectural style
Other
Listing Agency:
Empire Realty Group
(585) 347-4900
Listed By:
Tonya Britton · License #10401333644
(315) 807-1751
Added: Apr 30
Changed: Sep 16
Last Checked: Oct 9 at 11:06PM
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.
Investment Insights
Based on property information with market context.
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.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
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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
