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Newer-Built Single-Story Duplex

2325 State Route 14 Lyons, NY 14489

2325 State Route 14, Lyons, NY, 14489
$269,900
For Sale
$269,900

Residential Multi Family, Other - Lyons, NY

Property Size2,046 SF
Lot Size1.09 Acres
Price / SF$131.92
Days on Market46

Property Features for 2325 State Route 14

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Standard status
Active
Size
2,046 SF
Lot size
1.09 Acres

Building Details

Year built
2024
Architectural style
Other
Listing Agency NextHome Endeavor
2815 Monroe Avenue, Suite 203, NY
Listed by Jared Palmer · License #10401254396,PersonLicenseNumber
Added: Jun 2 Checked: Jul 17 at 2:06 pm
MLS# R1686821 Listing URL

Copyright © 2026 NextHome, Inc. 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.

Built in 2024, this newer-built single-story duplex offers two residential units totaling 4 bedrooms and 2 full bathrooms. The property was constructed as a low-maintenance, turn-key option with modern systems, and it is listed as Airbnb approved. With approximately 2,046 square feet of living space and a lot size of about 1.09 acres, the layout is well-suited to day-to-day convenience while also providing room for outdoor use.

Located at 2325 State Route 14 in Lyons, NY, the property benefits from its placement along a major roadway and provides straightforward access to the Finger Lakes area, including Lyons, Geneva, Seneca Lake, Cayuga Lake, wineries, and outdoor recreation.

This is a practical residential income duplex configuration with two separate units and a combined bedroom and bathroom count of 4 and 2, respectively, within a single-story design.

Key Highlights

  • Duplex constructed in 2024 (single‑story design)
  • Over 2,000 sq ft of living space on just over 1 acre of land
  • 2 spacious units with a combined 4 bedrooms and 2 full bathrooms

Local 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 $28.2k $13.80
− Vacancy −$3.3k −$1.62
EGI $24.9k $12.18
− OpEx −$7.5k −$3.66
NOI $17.4k $8.53
2,046 SF · lease $13.80/SF/yr · vacancy 11.71% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$249.3K
$218.1K – $290.8K (±1% cap)
NOI $17,450 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$219.9K
$192.4K – $256.5K (±1% cap)
NOI $15,390 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$551.2K
$482.3K – $643.0K (±1% cap)
NOI $38,581 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - 2024-built single-story duplex with two units, four bedrooms, and two full bathrooms on over an acre.
Where is this duplex located?
The property is located at 2325 State Route 14 Lyons, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Duplex constructed in 2024 (single‑story design); Over 2,000 sq ft of living space on just over 1 acre of land; 2 spacious units with a combined 4 bedrooms and 2 full bathrooms
Contact an agent
More about this property
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