Duplex with
New
For Sale
$164,900
56 Orchard Street, Auburn, NY 13021
Residential, Auburn, NY
Property Size1,692 SF
Lot Size0.15 Acres
Price / SF$97.46
Days on Market6
Property Features for 56 Orchard Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Garage
Appliances
ElectricWaterHeater
Lot features
Irregular Lot, Near Public Transit, Residential Lot
Elementary school district
Auburn
Middle school district
Auburn
High school district
Auburn
Subdivision
Auburn-050100
Standard status
Active
APN
050100-115-067-0001-003-000-0000
Size
1,692 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
2459
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1887
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood, Varies
Building materials
VinylSiding
Listing Agency:
Candy Costa Real Estate LLC
Listed By:
Julie A Rizzo · License #10401303422
(315) 505-6609
Added: Oct 23
Last Checked: Oct 28 at 7:06PM
MLS# S1723710
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 duplex contains 1,692 square feet of living area on a 0.1465-acre lot. The property was built in 1887 and has vinyl siding, a garage, and natural-gas forced-air heat. Room records show four bedrooms and two bathrooms, along with a basement. Flooring includes carpet and hardwood, with additional flooring types noted. Water is supplied from a public source.
The property is located in Auburn, with shopping, schools, and restaurants identified among nearby conveniences.
The property is located in Auburn, with shopping, schools, and restaurants identified among nearby conveniences.
Key Highlights
- Two‑family duplex with 1,692 square feet of living area
- 0.1465‑acre lot
- Four bedrooms and two bathrooms listed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,617
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,340
$272.3K
Cap Rate 7%
$194,529
$194.5K
Cap Rate 9%
$151,300
$151.3K
Market Conditions
NOI Build-Up for 1,692 SF
Gross rent
$26.4K $15.60/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$24.8K $14.63/SF
− OpEx
−$11.1K −$6.58/SF
NOI
$13.6K $8.05/SF
Area
Cayuga County, NY
Vacancy
6.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,340
Cap Rate 7%
$194,529
Cap Rate 9%
$151,300
Alternative Uses
Best Use
Multifamily LT 5
$218.3K
$191.0K – $254.7K
NOI $15,282 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$194.5K
$170.2K – $227.0K
NOI $13,617 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$375.0K
$328.1K – $437.5K
NOI $26,249 @ 7.0% cap · market cap 15.92%
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
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
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 - Natural-gas forced-air heating and garage parking are existing features of this two-family property.
Where is this duplex located?
The property is located at 56 Orchard Street Auburn, NY.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two‑family duplex with 1,692 square feet of living area; 0.1465‑acre lot; Four bedrooms and two bathrooms listed
