Two-Flat
New
For Sale
$189,000
323 W Calthrop Avenue, Syracuse, NY 13205
Residential, Syracuse, NY
Property Size1,780 SF
Lot Size0.12 Acres
Price / SF$106.18
Days on Market3
Property Features for 323 W Calthrop Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Syracuse
Middle school district
Syracuse
High school district
Syracuse
Directions
Midland to W. Calthrop
Subdivision
Syracuse City-311500
Standard status
Active
APN
311500-075-000-0009-008-000-0000
Size
1,780 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2086
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Hardwood, Varies, Laminate
Building materials
Frame, WoodSiding
Architectural style
Other
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
William Carroll · License #40CA0943190
(315) 430-9092
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 31 at 1:06PM
MLS# S1725781
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.
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Investment Insights
Based on property information with market context.
This 1,780-square-foot duplex contains two three-bedroom flats. The 1900-built frame residence has wood siding, forced-air natural gas heat, and public water. Interior flooring includes hardwood, laminate, and vinyl, with a basement also included.
The 0.1156-acre property is on W Calthrop Avenue, on a dead-end street that terminates at McKinley Park, which has a swimming pool.
The 0.1156-acre property is on W Calthrop Avenue, on a dead-end street that terminates at McKinley Park, which has a swimming pool.
Key Highlights
- Two three‑bedroom flats
- 1,780 square feet of building area
- 0.1156‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,806
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,120
$336.1K
Cap Rate 7%
$240,086
$240.1K
Cap Rate 9%
$186,733
$186.7K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$32.7K $18.36/SF
− Vacancy
−$2.1K −$1.19/SF
EGI
$30.6K $17.17/SF
− OpEx
−$13.8K −$7.72/SF
NOI
$16.8K $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%
$336,120
Cap Rate 7%
$240,086
Cap Rate 9%
$186,733
Alternative Uses
Best Use
Multifamily LT 5
$270.6K
$236.8K – $315.7K
NOI $18,940 @ 7.0% cap · market cap 10.02%
Second Best
Apartment 5plus
$240.1K
$210.1K – $280.1K
NOI $16,806 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$309.3K
$270.7K – $360.9K
NOI $21,654 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate three-bedroom flats provide a straightforward residential income configuration.
Where is this duplex located?
The property is located at 323 W Calthrop Avenue Syracuse, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Two three‑bedroom flats; 1,780 square feet of building area; 0.1156‑acre lot
