Two-Unit Duplex with Detached
146-148 Ashdale Ave, Syracuse, NY 13206
For Sale
$239,500
Pending
Each residence has two bedrooms, a full bath, and private laundry, with a detached two-car garage serving the property.
Property Size1,724 SF
Days on Market52
Property Features for 146-148 Ashdale Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listed By:
Jeremy Allen · License NY #10401329024
(315) 396-0493
Source:
Elliman
Added: Sep 24
Changed: Nov 2
Last Checked: Nov 12 at 9:11AM
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 Jeremy Allen
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Investment Insights
Based on property information with market context.
This duplex contains two vacant residences, each arranged with two bedrooms, one full bathroom, and its own laundry. The property also includes a detached two-car garage with additional storage space. Built in 1890, the building is ready for occupancy without immediate updates identified in the property information.
The property is in Eastwood, with shops, restaurants, and everyday amenities along James Street nearby. Syracuse University and area hospitals are also in the surrounding area. Walk Score is 63, Bike Score is 33, and Transit Score is 37.
The property is in Eastwood, with shops, restaurants, and everyday amenities along James Street nearby. Syracuse University and area hospitals are also in the surrounding area. Walk Score is 63, Bike Score is 33, and Transit Score is 37.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- In‑unit laundry in both residences
- Detached two‑car garage with additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,344
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,880
$366.9K
Cap Rate 7%
$262,057
$262.1K
Cap Rate 9%
$203,822
$203.8K
Market Conditions
NOI Build-Up for 1,724 SF
Gross rent
$27.9K $16.20/SF
− Vacancy
−$1.7K −$1.00/SF
EGI
$26.2K $15.20/SF
− OpEx
−$7.9K −$4.56/SF
NOI
$18.3K $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%
$366,880
Cap Rate 7%
$262,057
Cap Rate 9%
$203,822
Alternative Uses
Best Use
Multifamily LT 5
$262.1K
$229.3K – $305.7K
NOI $18,344 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$232.5K
$203.5K – $271.3K
NOI $16,277 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$299.6K
$262.2K – $349.6K
NOI $20,973 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
Demographics for 13206, NY
16,599
Population
8,460
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,049
Density / Sq Mi
$60,314
Median Household Income
$40,429
Median Earnings
$952
Median Rent
$130,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Syracuse, NY
Properties on Market for Duplexes in Syracuse
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, a full bath, and private laundry, with a detached two-car garage serving the property.
Where is this duplex located?
The property is located at 146-148 Ashdale Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $239,500.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; In‑unit laundry in both residences; Detached two‑car garage with additional storage
