Listing Agency: Gilbo Realty LLC

Listed By: Mark Gilbo · License #10491206207

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 12:12AM

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Investment Insights

Based on property information with market context.

Located at 539 Richmond Ave in Syracuse, NY 13204, this duplex contains two 3/1 apartments. The units have separate utilities, providing distinct service arrangements within the property. Recent improvements include an updated electric panel and refreshed flooring. A large backyard adds outdoor space to the residential configuration.

Key Highlights

• Two 3/1 apartments within one duplex property
• Separate utilities for each apartment
• Updated electric panel

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering Service Butcher Carpet & Flooring 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

921

Businesses Nearby

Explore this area Business Placement

Demographics for 13204, NY

19,752

Population

10,410

Households

1.9

Avg Household Size

31

Median Age

26%

College-Educated

84%

High-School Grad

4.3 sq mi

ZIP Area

4,593

Density / Sq Mi

$42,585

Median Household Income

$35,609

Median Earnings

$1,054

Median Rent

$97,400

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 residential units feature refreshed finishes, independent utilities, and access to a large backyard.

Where is this duplex located?

The property is located at 539 Richmond Ave Syracuse, NY.

What are key features of this property?

This property features: Two 3/1 apartments within one duplex property; Separate utilities for each apartment; Updated electric panel