This low maintenance, hassle-free mixed-use property in Solvay comes with long-term, stable tenants and has great value-add potential. There are two 1-bedroom apartments on the 2nd floor currently rented for $650/$725 and an updated commercial space on the 1st floor that is rented for $1,200/mo. Rents are significantly below market, this property could easily generate $3,000/mo+ in gross rents. There is historic demand for apartments and the high-visibility location makes the commercial space very attractive for a small business. Built in 1991, this is a rare opportunity to buy a newer construction investment property, meaning fewer headaches and maintenance calls. Features include electric baseboard and radiant heat (no furnaces!), vinyl siding, and no basement.
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Street View
$190,000
2851 Milton Ave, Syracuse, NY 13209
2beds
1,488sqft
Triplex, Multi Family
Built in 1991
-- sqft lot
$235,800 Zestimate®
$128/sqft
$2,176 Estimated rent
Home value
$235,800
$210,000 - $262,000
$2,176/mo
Zestimate® history
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$1,148/mo
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List your homeWhat's special
Updated commercial spaceHigh-visibility location
Zillow last checked:
Listing updated:
Listed by:
Christopher Newman 315-396-0493,
Acropolis Realty Group LLC
Bought with:
Andrea Bucci, 40BU0998964
Acropolis Realty Group LLC
Source: NYSAMLSs,MLS#: S1581751
Originating MLS: Syracuse
Originating MLS: SyracuseFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Radiant
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate, Varies, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
Property
Parking
- Total spaces: 1
- Parking features: Paved, Two or More Spaces
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,545 Square Feet
- Dimensions: 63 x 88
- Features: Corner Lot, Rectangular, Rectangular Lot
Details
- Parcel number: 31320100400000010010000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding, Copper Plumbing
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1991
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $111,800
- Annual tax amount: $7,346
- Date on market: 12/18/2024
- Cumulative days on market: 256 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Sold | $190,000-5%$128/sqft |
Source:  NYSAMLSs #S1581751 Report a problem | ||
| 3/17/2025 | Pending sale | $199,900$134/sqft |
Source: NYSAMLSs #S1581751 Report a problem | ||
| 3/10/2025 | Contingent | $199,900$134/sqft |
Source: NYSAMLSs #S1581751 Report a problem | ||
| 12/18/2024 | Listed for sale | $199,900$134/sqft |
Source: NYSAMLSs #S1581751 Report a problem | ||
| 11/4/2024 | Listing removed | $199,900$134/sqft |
Source: NYSAMLSs #S1564091 Report a problem | ||
| 9/9/2024 | Listed for sale | $199,900$134/sqft |
Source: NYSAMLSs #S1564091 Report a problem | ||
| 9/5/2024 | Listing removed | $199,900$134/sqft |
Source: NYSAMLSs #S1545200 Report a problem | ||
| 6/27/2024 | Price change | $199,900-9.1%$134/sqft |
Source: NYSAMLSs #S1545200 Report a problem | ||
| 6/13/2024 | Listed for sale | $219,900+34.9%$148/sqft |
Source: NYSAMLSs #S1545200 Report a problem | ||
| 12/20/2021 | Sold | $163,000-4.1%$110/sqft |
Source: NYSAMLSs #S1357354 Report a problem | ||
| 10/19/2021 | Pending sale | $169,900$114/sqft |
Source: NYSAMLSs #S1357354 Report a problem | ||
| 10/12/2021 | Price change | $169,900-12.8%$114/sqft |
Source: NYSAMLSs #S1357354 Report a problem | ||
| 8/25/2021 | Price change | $194,900-2.5%$131/sqft |
Source: NYSAMLSs #S1357354 Report a problem | ||
| 8/4/2021 | Listed for sale | $199,900+108.4%$134/sqft |
Source: NYSAMLSs #S1357354 Report a problem | ||
| 1/4/2017 | Sold | $95,929-12.8%$64/sqft |
Source: Public Record Report a problem | ||
| 7/13/2005 | Sold | $110,000+8.9%$74/sqft |
Source: Public Record Report a problem | ||
| 12/3/1998 | Sold | $101,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $111,800 |
| 2024 | -- | $111,800 |
| 2023 | -- | $111,800 |
| 2022 | -- | $111,800 |
| 2021 | -- | $111,800 |
| 2020 | -- | $111,800 |
| 2019 | -- | $111,800 |
| 2018 | -- | $111,800 |
| 2017 | $6,456 | $111,800 |
| 2016 | -- | $111,800 |
| 2015 | -- | $111,800 |
| 2014 | -- | $111,800 |
Find assessor info on the county website
Neighborhood: Solvay
Nearby homes
- $197,9005 bd2 ba2.3k sqft2841 Milton Ave, Solvay, NY 13209Off Market
- $304,3003 bd3 ba1.8k sqft103 Darrow Ave, Syracuse, NY 13209Off Market
- $198,4006 bd-- ba2.2k sqft2833 Milton Ave, Syracuse, NY 13209Off Market
- $17,213-- bd-- ba-- sqft912 2nd St, Syracuse, NY 13209Off Market
- $213,6003 bd1 ba1.6k sqft910 2nd St, Solvay, NY 13209Off Market
- $227,5004 bd2 ba1.8k sqft906 2nd St, Solvay, NY 13209Off Market
- $142,6004 bd2 ba1.8k sqft2825 Milton Ave, Syracuse, NY 13209Off Market
- $235,0004 bd2 ba1.6k sqft904 2nd St, Solvay, NY 13209Sold
Nearby schools
GreatSchools rating
- 3/10Solvay Elementary SchoolGrades: K-4Distance: 0.9 mi
- 4/10Solvay Middle SchoolGrades: PK,5-8Distance: 2.5 mi
- 6/10Solvay High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Solvay
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New York
- Onondaga County
- Syracuse
- 13209
- Solvay
- 2851 Milton Ave
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