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Duplex With Detached Garage
New
For Sale
$189,900

84 Van Anden St, Auburn, NY 13021

Two apartments have separate in-unit laundry, with outdoor space and off-street parking serving the property.

Property Size2,036 SF
Days on Market3

Property Features for 84 Van Anden St

General Information

Standard status Active
Size 2,036 SF
Property subtype Multi Family

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,767

Amenities

in-unit laundry
front porch
spacious backyard
covered patio
fire-pit area

Building Details

Building Size 2,036 SF
Year Built 1877
Buildings 1
Stories 2
Units 2
Listing Agency: Lucas & Co Realty
Listed By: Lucas Ferrin · License #10491214082
Source: Elliman
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 10:17AM

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 Lucas & Co Realty

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two apartments: a three-bedroom unit on the first floor and a two-bedroom unit above. Updates include interior and exterior paint, flooring, and work in both kitchens and bathrooms. Each apartment has its own laundry. The property also includes a front porch, a detached two-car garage, and a backyard with a covered patio and fire-pit area.

At 84 Van Anden Street in Auburn, the property is near downtown restaurants, shops, entertainment, and everyday amenities. A resealed driveway provides off-street parking. The reported Walk Score is 68 and Bike Score is 48.

Key Highlights

  • Two apartments: three bedrooms on the first floor and two bedrooms upstairs
  • Each apartment has its own in‑unit laundry
  • Detached two‑car garage and resealed driveway with off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,386
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,720 $327.7K
Cap Rate 7%
$234,086 $234.1K
Cap Rate 9%
$182,067 $182.1K
Market Conditions
NOI Build-Up for 2,036 SF
Gross rent
$31.8K $15.60/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$29.8K $14.63/SF
− OpEx
−$13.4K −$6.58/SF
NOI
$16.4K $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%
$327,720
Cap Rate 7%
$234,086
Cap Rate 9%
$182,067

Alternative Uses

Best Use
Multifamily LT 5
$262.7K
$229.9K – $306.5K (±1% cap)
NOI $18,389 @ 7.0% cap · market cap 9.68%
Second Best
Apartment 5plus
$234.1K
$204.8K – $273.1K (±1% cap)
NOI $16,386 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$451.2K
$394.8K – $526.4K (±1% cap)
NOI $31,586 @ 7.0% cap · market cap 16.63%
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

1,541
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Two apartments have separate in-unit laundry, with outdoor space and off-street parking serving the property.
Where is this duplex located?
The property is located at 84 Van Anden St Auburn, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two apartments: three bedrooms on the first floor and two bedrooms upstairs; Each apartment has its own in‑unit laundry; Detached two‑car garage and resealed driveway with off‑street parking
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