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  • $200,000

    416 Central Ave, Rochester, NY 14605

    2beds
    4,331sqft
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $200,800 Zestimate®
    $46/sqft
    $1,098 Estimated rent

    Home value

    $200,800

    $191,000 - $213,000

    $1,098/mo

    Zestimate® history
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    $1,532/mo

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    What's special

    Newer roofSecure storageLaundry facilitiesForced-air furnaceNew guttersNew attic insulationDry basement
    Unique investment opportunity for an owner-occupant in the heart of the Center City District. This 4,331 SF up/down duplex offers a blend of residential income, flexible zoning, and valuable on-site storage space. The property has been utilized most recently as a short/mid-term rental, along with storage in the back of the building for the owner. The site offers a private gated concrete driveway and rear yard with hanging Edison style lights for ambiance, and suitable for secure storage, outdoor dining, or tenant parking. Central Ave also offers ample street parking with those needing additional space. The first-floor unit is tenant-occupied on a month to month basis, while the second floor is currently offered vacant—ideal for an owner to occupy or lease for additional income. The property is zoned within the CCD-B (Center City Base District), allowing for a wide variety of uses; however, the new and current transferable Certificate of Occupancy reflects a two-family dwelling with storage. Previously, the building operated as office and storage space prior to its residential conversion, giving future owners multiple pathways for use or repositioning. An owner in the late 1980's operated a restaurant out of the location for a time, further noting to the potential allowances of the zoning district. Interior features include a forced-air furnace around 10yrs old, along with water tanks of the same age, a 200 AMP electrical service, laundry facilities, and a dry basement providing additional storage. Recent capital improvements include a newer roof (15yrs old), new gutters (2025), and new attic insulation (2022). An additional feature is the ~500 SF climate-controlled storage area/workshop located at the rear of the building—perfect for contractors, hobbyists, artists live/work space w/ supplemental rental income. The property is well located just two turns from the Inner Loop connecting you to I-490, one turn from Amtrak, 10 minutes to the Airport, and 3 minutes to Downtown. The location has great proximity to the Rochester Public Market, Blue Cross Arena, Innovative Field, Strong Museum of Play, and other downtown amenities all under a 1.5 mile radius.

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan Schaefer 585-337-1764,

    NORCHAR, LLC

    Bought with:

    Maggie Coleman, 10401265050

    RE/MAX Plus

    Source: NYSAMLSs,MLS#: R1633302MLS LogoOriginating MLS: Rochester

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Programmable Thermostat
    • Flooring: Carpet, Hardwood, Luxury Vinyl, Varies
    • Windows: Thermal Windows
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 4,331
    • Total interior livable area: 4,331 sqft

    Property

    Parking
    • Parking features: Concrete, Parking Available, Two or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 38 x 120
    • Features: Near Public Transit, Rectangular, Rectangular Lot
    Details
    • Parcel number: 26140010664000010480000000
    • Zoning description: Commercial
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Blown-In Insulation, Brick
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Shearman
    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $46/sqft
    • Tax assessed value: $109,000
    • Annual tax amount: $3,897
    • Date on market: 8/29/2025
    • Cumulative days on market: 213 days
    • Listing terms: Cash,Conventional,FHA,Private Financing Available,VA Loan

    Price history

    DateEventPrice
    6/25/2026Sold$200,000+0%$46/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    3/30/2026Pending sale$199,999$46/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    1/21/2026Price change$199,999-4.8%$46/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    12/6/2025Price change$210,000-4.5%$48/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    10/1/2025Price change$220,000-11.6%$51/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    8/29/2025Listed for sale$249,000+28.7%$57/sqft
    Source: NYSAMLSs #R1633302 Report a problem
    2/8/2022Listing removed--
    Source: Owner Report a problem
    1/22/2022Listed for sale$193,500+75.9%$45/sqft
    Source: Owner Report a problem
    6/18/2021Sold$110,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $109,000
    2024-- $109,000 +54%
    2023-- $70,800
    2022-- $70,800
    2021-- $70,800
    2020-- $70,800
    2018-- $70,800
    2017$3,754 $70,800
    2016-- $70,800 +4.1%
    2015$3,132 $68,000
    2014-- $68,000
    Find assessor info on the county website

    Neighborhood: Upper Falls

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Montessori Academy @ Franklin
    • High: School of the Arts
    • District: Rochester

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.