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Two-Unit Duplex with Basement Laundry
For Sale
Under Contract
$205,000

330 Conklin Ave, Binghamton, NY 13903

MULTI_FAMILY - BINGHAMTON, NY

Property Size1,656 SF
Lot Size0.17 Acres
Price / SF$123.79
Days on Market97

Property Features for 330 Conklin Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning multifamily
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4
Exterior features CABLE AVAILABLE
Appliances RANGE/STOVE, REFRIGERATOR
Lot features G E N E R A L L Y L E V E L, S L O P E U P F R O M R O A D
Elementary school Benjamin Franklin
Elementary school district Binghamton
Middle school district Binghamton
High school district Binghamton
Directions Court St to Tompkins St to Conklin Ave
Subdivision Area 03
Standard status Active Under Contract
Size 1,656 SF
Lot size 0.17 Acres

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1922
Number of units 2
Flooring type Vinyl, Laminate
Building materials Vinyl
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY GREATER BINGHAMTON
Listed By: Melissa A. Evans
Added: Apr 29 Changed: Aug 3 Last Checked: Aug 3 at 10:06PM
MLS# 335673

Copyright © 2026 Greater Binghamton Association of Realtor. 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.

330 Conklin Ave is a two-unit duplex with two 3-bedroom apartments. The home is laid out for comfortable everyday living, with a functional kitchen and ample cabinet space, plus generously sized bedrooms and closet space. Laundry hookups are in the basement, and the property features separate utilities. Offstreet parking and a manageable yard add day-to-day convenience.

The duplex is zoned multifamily and sits on a 0.1745-acre lot with 1,656 square feet of total space. Construction includes vinyl exterior materials, with forced-air heating. Public water is available. Cable is available at the property, and in-unit appliances include a range/stove and refrigerator.

Built in 1922, this well-maintained duplex is located on Binghamton’s Southside, just minutes from downtown, with easy access to shopping, dining, parks, schools, and major highway routes.

Key Highlights

  • Two 3‑bedroom units in a duplex at 330 Conklin Ave
  • Basement laundry hookups plus separate utilities
  • Offstreet parking and a manageable yard

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 $22.9k $13.80
− Vacancy −$1.7k −$1.04
EGI $21.1k $12.77
− OpEx −$6.3k −$3.83
NOI $14.8k $8.94
1,656 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$211.4K
$185.0K – $246.6K (±1% cap)
NOI $14,797 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$197.1K
$172.5K – $229.9K (±1% cap)
NOI $13,796 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$410.8K
$359.5K – $479.3K (±1% cap)
NOI $28,759 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Dental Office Skin Care Clinic (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 13903, NY

18,140
Population
8,620
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
39.5 sq mi
ZIP Area
459
Density / Sq Mi
$61,244
Median Household Income
$39,811
Median Earnings
$863
Median Rent
$144,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two 3-bedroom units with separate utilities, offstreet parking, and basement laundry hookups in a multifamily-zoned duplex built in 1922.
Where is this duplex located?
The property is located at 330 Conklin Ave Binghamton, NY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two 3‑bedroom units in a duplex at 330 Conklin Ave; Basement laundry hookups plus separate utilities; Offstreet parking and a manageable yard
More about this property
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