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Updated Duplex with Separate Basements
New
For Sale
$299,900

231-233 Maple Avenue, Victor, NY 14564

Two three-bedroom units offer updated kitchens, private laundry hookups, separate utilities, and off-street parking.

Property Size2,106 SF
Days on Market5

Property Features for 231-233 Maple Avenue

General Information

Standard status Active
Size 2,106 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,237

Building Details

Building Size 2,106 SF
Year Built 1900
Listing Agency: Hunt Real Estate ERA/Columbus
Listed By: Christopher Carretta · License #30CA1052170
Source: Griffith-realty
Added: Aug 1 Changed: Aug 4 Last Checked: Aug 4 at 4:10AM

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 Hunt Real Estate ERA/Columbus

Investment Insights

Based on property information with market context.

Built in 1900, this duplex at 231-233 Maple Avenue includes two three-bedroom residences with dedicated dining areas, well-sized living rooms, high ceilings, built-in features, and updated kitchens. Each unit has its own basement with laundry hookups, while separate utilities serve the apartments. Off-street parking accommodates 5+ vehicles.

Recent improvements include new siding, windows, water tanks, sewer line, main water line, basement Bilco doors, and a shed. Current tenants are in place, and rents include water and sewer. The property is located in Victor Village, less than half a mile from the village center's shopping, dining, and entertainment. Village tax covers refuse, and no certificate of occupancy is required.

Key Highlights

  • Two three‑bedroom units with dedicated dining areas and updated kitchens
  • Separate basements with laundry hookups and individual utilities
  • Off‑street parking for 5+ vehicles

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.7k $19.80
− Vacancy −$3.2k −$1.50
EGI $38.5k $18.30
− OpEx −$11.6k −$5.49
NOI $27.0k $12.81
2,106 SF · lease $19.80/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$385.3K
$337.1K – $449.5K (±1% cap)
NOI $26,971 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$343.4K
$300.5K – $400.7K (±1% cap)
NOI $24,041 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$630.4K
$551.6K – $735.4K (±1% cap)
NOI $44,125 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Real Estate Agency Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 14564, NY

16,138
Population
7,021
Households
2.3
Avg Household Size
46
Median Age
57%
College-Educated
97%
High-School Grad
42.3 sq mi
ZIP Area
382
Density / Sq Mi
$111,293
Median Household Income
$63,358
Median Earnings
$1,431
Median Rent
$337,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer updated kitchens, private laundry hookups, separate utilities, and off-street parking.
Where is this duplex located?
The property is located at 231-233 Maple Avenue Victor, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two three‑bedroom units with dedicated dining areas and updated kitchens; Separate basements with laundry hookups and individual utilities; Off‑street parking for 5+ vehicles
More about this property
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