Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add opportunities.
The portfolio has been strategically managed, with four units intentionally left vacant to allow prospective buyers easy access for inspections and showings while also creating the opportunity to place tenants at current market rents immediately after acquisition. Existing occupancy provides in-place cash flow, while the vacant units offer a clear path to increased revenue. Ownership has maintained compliance where applicable, with 1104 Butternut Street and 1106 Butternut Street holding current Certificates of Compliance, and 1102 Butternut Street maintaining a rental registry. The portfolio’s close proximity of assets creates operational efficiencies for management, maintenance, and leasing.
Whether you’re looking to expand an existing Syracuse portfolio or establish a larger presence in one acquisition, this offering delivers a combination of current income, rental upside, and strong long-term return potential. Opportunities to acquire 14 units across four neighboring assets in a single transaction are increasingly rare.
Properties included:
S1690839- 1104 Butternut St, Syracuse NY 13208
S1690829- 1106 Butternut St, Syracuse, NY 13208
(14 total units across four buildings). Portfolio must be sold as a package.
Active
$232,500
1102 Butternut St, Syracuse, NY 13208
10beds
3,234sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$72/sqft
$-- HOA
What's special
- 19 days |
- 615 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Hunt Real Estate ERA 315-699-3200,
Zachary Johnson 315-699-3200
Source: NYSAMLSs,MLS#: S1690849
Originating MLS: Syracuse
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Luxury Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,234
- Total interior livable area: 3,234 sqft
Video & virtual tour
Property
Parking
- Parking features: No Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,258 Square Feet
- Dimensions: 41 x 200
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 31150001500000010430000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $60,000
- Annual tax amount: $3,389
- Date on market: 6/16/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $232,500-75.5%$72/sqft |
Source: | ||
| 2/26/2025 | Listing removed | $949,999$294/sqft |
Source: | ||
| 2/7/2025 | Listed for sale | $949,999$294/sqft |
Source: | ||
| 1/17/2025 | Contingent | $949,999$294/sqft |
Source: | ||
| 8/15/2024 | Listed for sale | $949,999-9.5%$294/sqft |
Source: | ||
| 8/12/2024 | Listing removed | -- |
Source: | ||
| 6/17/2024 | Price change | $1,049,999-0.9%$325/sqft |
Source: | ||
| 4/24/2024 | Listed for sale | $1,060,000+7.2%$328/sqft |
Source: | ||
| 2/22/2024 | Listing removed | -- |
Source: | ||
| 11/9/2023 | Listed for sale | $988,600$306/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northside
Nearby schools
GreatSchools rating
- 3/10Franklin Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Grant Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Henninger High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Syracuse
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Onondaga County
- Syracuse
- 13208
- Northside
- 1102 Butternut St






