Pending

$179,900

586 Ridgeway Ave, Rochester, NY 14615

6beds

2,458sqft

Duplex, Multi Family

Built in 1922

-- sqft lot

$-- Zestimate^®

$73/sqft

$-- HOA

What's special

Dining room

Introducing an exceptional investment opportunity in the heart of Rochester’s growing Maplewood/Summit Grove district: 586-588 Ridgeway Ave, a fully-rented duplex built in 1922 featuring two well-appointed 3-bedroom, 1-bath units. Boasting approximately 2,458 sq ft of living space, each unit includes its own dining room, living room, private attic and basement access — plus a detached 2-car garage on Aster Street offering tenant convenience and added value. Recent sale data supports the strong income potential and market appeal of this side-by-side offering. Gross annual rents of $34500, NOI of $28,527 gives an excellent Cap Rate of 15.85% and Cash-on-Cash Return of 63.39% (assuming 25% Down Payment). Professionally managed, and this arrangement could continue.

62 days

50

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood, Resilient, Varies
Windows: Thermal Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,458
Total interior livable area: 2,458 sqft

Property

Parking

Total spaces: 2
Parking features: Paved, Two or More Spaces
Garage spaces: 2

Lot

Size: 5,209.78 Square Feet
Dimensions: 40 x 130
Features: Corner Lot, Rectangular, Rectangular Lot

Details

Parcel number: 26140009040000020770000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Aluminum Siding, Composite Siding, Wood Siding
Foundation: Block
Roof: Asphalt

Condition

Resale
Year built: 1922

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Summit Grove

Location

Region: Rochester

Financial & listing details

Price per square foot: $73/sqft
Tax assessed value: $129,200
Annual tax amount: $4,365
Date on market: 11/10/2025
Cumulative days on market: 43 days
Listing terms: Cash,Conventional,Private Financing Available
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

$1,252/mo

Price history

Date	Event	Price
11/13/2025	Pending sale	$179,900$73/sqft
Source: NYSAMLSs #R1650217 Report a problem
11/10/2025	Listed for sale	$179,900+12.5%$73/sqft
Source: NYSAMLSs #R1650217 Report a problem
6/13/2024	Sold	$159,900$65/sqft
Source: NYSAMLSs #R1528824 Report a problem
3/30/2024	Pending sale	$159,900$65/sqft
Source: NYSAMLSs #R1528824 Report a problem
3/29/2024	Listed for sale	$159,900+56.8%$65/sqft
Source: NYSAMLSs #R1528824 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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