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Renovated Two-Family Property

613 Clarendon Street, Syracuse, NY 13210

For Sale
$595,000

Furnished duplex with modern interiors, separate utilities, private laundry, and rear parking.

Property Size2,584 SF
Days on Market56

Property Features for 613 Clarendon Street

General Information

Standard status Active
Size 2,584 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

private laundry facilities
private parking lot

Building Details

Building Size 2,584 SF
Year Built 1920
Year Renovated 2026
Stories 2
Listing Agency: InFisium Properties LLC
Listed By: Michael Hemmer · License #10491208620
Source: Stacyfaunce.kw
Added: Sep 15 Changed: Oct 26 Last Checked: Nov 8 at 2:33AM

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 InFisium Properties LLC

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Investment Insights

Based on property information with market context.

This duplex, built in 1920 and renovated in 2026, contains two apartments with four bedrooms and two full bathrooms per unit. Both residences include eat-in kitchens, GE stainless steel appliances, granite countertops, tile backsplashes, wood flooring, and updated bathrooms. Electrical, HVAC, and plumbing systems were replaced during the renovation, and the property is offered furnished.

Each apartment has separate utilities and individual meters. Basement laundry facilities are private and smartphone-enabled, while the property also provides a large private rear parking lot. The building is located steps from Syracuse University, with the upper apartment occupied and the lower apartment available for occupancy.

Key Highlights

  • Two apartments with 4 bedrooms and 2 full bathrooms each
  • Renovated in 2026; original building dates to 1920
  • Furnished property with GE stainless steel appliances and granite countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,495
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,900 $549.9K
Cap Rate 7%
$392,786 $392.8K
Cap Rate 9%
$305,500 $305.5K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$41.9K $16.20/SF
− Vacancy
−$2.6K −$1.00/SF
EGI
$39.3K $15.20/SF
− OpEx
−$11.8K −$4.56/SF
NOI
$27.5K $10.64/SF
Area
Syracuse, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,900
Cap Rate 7%
$392,786
Cap Rate 9%
$305,500

Alternative Uses

Best Use
Multifamily LT 5
$392.8K
$343.7K – $458.3K (±1% cap)
NOI $27,495 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$348.5K
$305.0K – $406.6K (±1% cap)
NOI $24,397 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$449.1K
$392.9K – $523.9K (±1% cap)
NOI $31,435 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 13210, NY

23,150
Population
9,774
Households
2.4
Avg Household Size
27
Median Age
50%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
6,092
Density / Sq Mi
$38,783
Median Household Income
$20,554
Median Earnings
$1,081
Median Rent
$167,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Syracuse, NY

$131 Jul
$103 Aug
$98.35 Sep
$97.31 Oct

Properties on Market for Duplexes in Syracuse

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Furnished duplex with modern interiors, separate utilities, private laundry, and rear parking.
Where is this duplex located?
The property is located at 613 Clarendon Street Syracuse, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two apartments with 4 bedrooms and 2 full bathrooms each; Renovated in 2026; original building dates to 1920; Furnished property with GE stainless steel appliances and granite countertops
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