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Two-Unit Duplex with Detached Garage
For Sale
$40,000

2407 South State Street, Syracuse, NY 13205

Two-unit residential property with separate living spaces, a long driveway, and a detached garage near Downtown Syracuse.

Property Size1,722 SF
Days on Market10

Property Features for 2407 South State Street

General Information

Standard status Active
Size 1,722 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence substantial fire damage

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,535

Building Details

Building Size 1,722 SF
Year Built 1907
Listing Agency: Keys & Deeds Realty
Listed By: Antoinette Montgomery · License #10491213988
Source: Griffith-realty
Added: Sep 17 Changed: Sep 20 Last Checked: Sep 26 at 1:46PM

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 Keys & Deeds Realty

Investment Insights

Based on property information with market context.

Built in 1907, this duplex includes a primary residence and a separate rear apartment. The main dwelling has four bedrooms, a living room, formal dining room, eat-in kitchen, full bathroom, basement, and attic. The rear apartment provides one bedroom, a living room, kitchen, and full bathroom.

The main residence has smoke damage throughout, with more extensive fire damage in one first-floor room. The rear apartment did not experience the known fire or smoke damage. A long driveway and detached garage add off-street parking and storage. The property is offered strictly as-is, with no repairs or repair credits from the seller. The property is near Downtown Syracuse, Syracuse University, area hospitals, and major highways.

Key Highlights

  • Two‑unit property with a four‑bedroom main residence and a one‑bedroom rear apartment
  • Main residence includes a full basement and full attic
  • Known fire damage is concentrated in one first‑floor room of the main residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Accounting Firm Skin Care Clinic

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-unit residential property with separate living spaces, a long driveway, and a detached garage near Downtown Syracuse.
Where is this duplex located?
The property is located at 2407 South State Street Syracuse, NY.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Two‑unit property with a four‑bedroom main residence and a one‑bedroom rear apartment; Main residence includes a full basement and full attic; Known fire damage is concentrated in one first‑floor room of the main residence
More about this property
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