Closed

$134,900

507-509 Lemoyne Ave, Syracuse, NY 13208

7beds

2,834sqft

Duplex, Multi Family

Built in 1822

-- sqft lot

$148,900 Zestimate^®

$48/sqft

$1,315 Estimated rent

Home value

$148,900

$135,000 - $164,000

$1,315/mo

Zestimate^® history

Owner options

List your home for rent

$1,315/mo

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$1,315/mo

Rent Zestimate^®

Refinance and save

$815/mo

Est. payment

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$815/mo

Est. payment

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What's special

Dual-unit layout

Discover an exceptional investment opportunity in Syracuse with this well-positioned multi-family property. Featuring two distinct units - a spacious 4-bedroom and a comfortable 3-bedroom arrangement - this home offers tremendous potential for rental income. The property's strategic location places residents minutes from Syracuse University, Crouse Hospital, and the popular Destiny USA shopping destination. The dual-unit layout provides flexibility for various rental strategies, whether catering to students, healthcare professionals, or families seeking a convenient city location. With some creative updates, this property could become a standout investment in Syracuse's dynamic rental market. Don't miss this chance to own a versatile multi-family property in a high-demand location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood, Varies
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,834
Total interior livable area: 2,834 sqft

Property

Parking

Total spaces: 1
Parking features: Concrete
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 2,443 Square Feet
Dimensions: 37 x 66
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 31150000200000080220000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Brick, Frame

Condition

Resale
Year built: 1822

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: $48/sqft
Tax assessed value: $57,000
Annual tax amount: $3,000
Date on market: 11/29/2024
Cumulative days on market: 5 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities

Price history

Date	Event	Price
1/29/2025	Sold	$134,900+4.2%$48/sqft
Source: NYSAMLSs #S1579696 Report a problem
12/18/2024	Pending sale	$129,500$46/sqft
Source: NYSAMLSs #S1579696 Report a problem
12/5/2024	Contingent	$129,500$46/sqft
Source: NYSAMLSs #S1579696 Report a problem
11/30/2024	Listed for sale	$129,500$46/sqft
Source: NYSAMLSs #S1579696 Report a problem