Updated Two-Home Duplex
7943 East Genesee Street, Manlius, NY 13066
For Sale
$335,000
Pending
Two updated residences share one parcel, providing distinct layouts for rental occupancy or flexible household use.
Property Size2,408 SF
Days on Market237
Property Features for 7943 East Genesee Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Syracuse
Listed By:
Clayton Baker · License #30BA1017031
(315) 701-6900
Source:
Griffith-realty
Added: Mar 18
Changed: Nov 8
Last Checked: Nov 8 at 1:28PM
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 Keller Williams Syracuse
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Investment Insights
Based on property information with market context.
This duplex property consists of two updated single-family residences on one parcel. The first home includes 1 bedroom and 1 bathroom across approximately 1,000 square feet, while the second offers 2 bedrooms and 1 bathroom within approximately 1,408 square feet. Together, the residences provide 2408 square feet of living area and separate configurations suited to occupants seeking different space requirements.
Built in 1984, the property is located at 7943 E Genesee St in Fayetteville, New York. Shopping, dining, and major roadways are nearby, adding convenience for residents and supporting access to surrounding services and transportation routes.
Built in 1984, the property is located at 7943 E Genesee St in Fayetteville, New York. Shopping, dining, and major roadways are nearby, adding convenience for residents and supporting access to surrounding services and transportation routes.
Key Highlights
- Two updated single‑family homes located on one parcel
- First residence: 1 bedroom, 1 bathroom, approximately 1,000 sq ft
- Second residence: 2 bedrooms, 1 bathroom, approximately 1,408 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,622
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,440
$512.4K
Cap Rate 7%
$366,029
$366.0K
Cap Rate 9%
$284,689
$284.7K
Market Conditions
NOI Build-Up for 2,408 SF
Gross rent
$39.0K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$36.6K $15.20/SF
− OpEx
−$11.0K −$4.56/SF
NOI
$25.6K $10.64/SF
Area
Onondaga County, 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%
$512,440
Cap Rate 7%
$366,029
Cap Rate 9%
$284,689
Alternative Uses
Best Use
Multifamily LT 5
$366.0K
$320.3K – $427.0K
NOI $25,622 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$324.8K
$284.2K – $378.9K
NOI $22,735 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$418.5K
$366.2K – $488.2K
NOI $29,294 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 13066, NY
12,949
Population
5,971
Households
2.2
Avg Household Size
48
Median Age
65%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
875
Density / Sq Mi
$121,599
Median Household Income
$70,284
Median Earnings
$1,218
Median Rent
$265,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Onondaga County, NY
Properties on Market for Duplexes in Onondaga County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences share one parcel, providing distinct layouts for rental occupancy or flexible household use.
Where is this duplex located?
The property is located at 7943 East Genesee Street Manlius, NY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two updated single‑family homes located on one parcel; First residence: 1 bedroom, 1 bathroom, approximately 1,000 sq ft; Second residence: 2 bedrooms, 1 bathroom, approximately 1,408 sq ft
