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151 State St, Auburn, NY, 13021

3beds
2baths
2,898sqft
$129,900
$45price/sqft
$1,388/moest. monthly cost
$55,520/yrincome needed

About This Home

Prime mixed-use investment opportunity in the heart of Auburn! This highly visible commercial building offers the perfect opportunity for an owner-occupant or investor. Most recently home to a successful barbershop and previously a longtime salon, the street-level commercial space features soaring ceilings, an open layout, private restroom, eye-catching black-and-white flooring, and outstanding storefront exposure in one of Auburn’s busiest commercial corridors. Located directly across from a busy gas station and just steps from restaurants, shopping, entertainment, and nightlife, your business will benefit from exceptional drive-by and walk-in traffic. Upstairs, the spacious apartment features 3 bedrooms, 2 large living rooms, a formal dining room, soaring 10-foot ceilings, and generous room sizes throughout. Let the residential rental income offset a substantial portion of your mortgage while operating your business below, or lease both units for excellent investment potential. Ideal for a barber, salon, spa, boutique, yoga or fitness studio, medical or professional office, retail shop, café, insurance, real estate, or countless other business ventures. Whether you’re expanding your portfolio or launching your next business, 151 State Street offers exceptional visibility, flexibility, and income potential in one outstanding property. This property is also listed as commercial under MLS S1703101.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

2/10
6/10
4/10
Auburn High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Membrane,Pitched,Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Mixed Use,Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Other,See Remarks,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 2,898
  • Total interior livable area: 2,898 sqft

Property

Details

  • Parcel number: 05010011504400010160010000
  • Zoning description: Commercial
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,204 sqft
  • Features: Rectangular,Rectangular Lot
  • Lot size dimensions: 23 x 95

Parking

  • Parking features: Paved,Two or More Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Cayuga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $656$7,872
Home Insurance *$57$684
Property Taxes $197$2,364
Electricity $478$5,747
Total$1,388$16,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,588/yr
40% on housing$41,640/yr
45% on housing$37,013/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 13021$135
Cayuga County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 13021$146
Cayuga County$142

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Contingent$129,900
2026-07-31Listed for sale$129,900
2025-10-31Sold$95,961
2020-05-26Sold$95,000
2013-06-10Sold$95,000
2004-04-02Sold$17,333
2002-04-04Sold$53,240

For Sale by Agent

AgentLucas Ferrin
BrokerageLucas & Co Realty

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