Last Sold Price
6 beds2,458 sqft$77/sqft
586 Ridgeway Ave, Rochester, NY 14615

Description

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...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.
LISTING CLOSED: 02/10/2026 12:00 AM

  1. Listed by Curtis Amesbury • Weichert Realtors - Lilac Properties
    P: (585)-613-4606 C: (585)-613-4606 curt@weichertlilac.com
  2. Listed by Sierra Adelina Mendes • Weichert Realtors - Lilac Properties
    P: (585)-613-4606 C: (585)-613-4606 sierra@weichertlilac.com

Property Details for 586 Ridgeway Avenue

Status
MLS #
R1650217
Days on Market
3
Taxes
$4,365 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Duplex
Year Built
1922
Lot Size
0.12 AC / 5,210 SF
Subdivision Comm Complex
Summit Grove
Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Paved, Two Or More Spaces
Nearest Cross Street
Aster Street

Location

Listing Courtesy of Weichert Realtors - Lilac Properties

Sold By Keller Williams Realty Greater Rochester

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Building Information for 586 Ridgeway Avenue

Stories2Residences2Year Built1922Building Size-Lot Size0.12 AC / 5,210 SF

Payment Calculator

$1,329 per month

30 year fixed, 6.55% Interest

Principal and Interest

$965

Property Taxes

$364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 586 Ridgeway Avenue

Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $4,365.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2458.0
  • Land Features: Corner Lot, Rectangular, Rectangular Lot
  • Num Of Acres: 0.1196
  • Lot Size Area: 0.1196
  • Lot Size Square Feet: 5210.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-090-400-0002-077-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 77
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $129,200
  • Year Built: 1922
  • Year Built Description: Existing
  • Property Sub Type Additional: Duplex
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Composite Siding, Wood Siding
  • Foundation Description: Block
  • Roof Description: Asphalt
  • Structure Type: Duplex
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Resilient, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 2458.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Gross Annual Income: $34,500.00
  • Net Operating Income: $28,525.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expenses: $1,610.00
  • Operating Expense Includes: Insurance, Trash, Water Sewer
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $1,500.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 06-30-2026
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1500
Unit 2
  • Unit Type Actual Rent: $1,375.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $1,375.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 03-31-2026
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1375
Rental
Rental Information
  • Rent Includes: Snow Removal, Trash Collection, Water
  • Tenant Pays: All Utilities

Property History for 586 Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Sold

WNYREIS #R1650217

$189,900
Feb 10, 2026

Sold

New York State Alliance of MLSs (Buffalo) #R1650217

$189,900
Nov 13, 2025

Pending

WNYREIS #R1650217

DateEvent & SourcePrice
02/10/2026

Sold

WNYREIS #R1650217

$189,900
02/10/2026

Sold

New York State Alliance of MLSs (Buffalo) #R1650217

$189,900
11/13/2025

Pending

WNYREIS #R1650217

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 586 Ridgeway Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 7 Virgil Grissom
PublicPK to 6

ANDREW A LANGSTON MIDDLE SCHOOL
Public7 to 8

Ida B Wells-Barnett Elementary School 34
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 586 Ridgeway Avenue, Rochester, NY 14615
$189,900
6
2,458
5,210
$189,900
2
2,458
5,200
2
1,786
5,200
3
1.5
1,440
5,210
$140,000
3
1,188
3,931
$75,000
3
1,486
5,210

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors - Lilac Properties

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.