Closed

$560,000

866 Lancaster Ave, Syracuse, NY 13210

5beds

0baths

5,440sqft

Multi Family

Built in 1920

-- sqft lot

$596,700 Zestimate^®

$103/sqft

$1,719 Estimated rent

Home value

$596,700

$549,000 - $644,000

$1,719/mo

Zestimate^® history

Owner options

List your home for rent

$1,719/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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$1,719/mo

Rent Zestimate^®

Refinance and save

$3,977/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,977/mo

Est. payment

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What's special

Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood. Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 0

Heating

Gas, Forced Air

Appliances

Included: Appliances Negotiable, Gas Water Heater
Laundry: Common Area

Features

Flooring: Hardwood, Laminate, Varies
Basement: Partially Finished
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 5,440
Total interior livable area: 5,440 sqft

Property

Parking

Parking features: One Space, Garage

Features

Stories: 3
Patio & porch: Deck
Exterior features: Blacktop Driveway, Deck

Lot

Size: 5,279 sqft
Dimensions: 40 x 132
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 31150005200000050190000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Roof: Asphalt

Condition

Resale
Year built: 1920

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Community

Community features: None

Location

Region: Syracuse

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
9/17/2025	Sold	$560,000-6.7%$103/sqft
Source: NYSAMLSs #S1596254 Report a problem
6/20/2025	Pending sale	$599,900$110/sqft
Source: NYSAMLSs #S1596254 Report a problem
5/7/2025	Contingent	$599,900$110/sqft
Source: NYSAMLSs #S1596254 Report a problem
5/1/2025	Price change	$599,900-3.2%$110/sqft
Source: NYSAMLSs #S1596254 Report a problem
4/1/2025	Listed for sale	$619,900$114/sqft
Source: NYSAMLSs #S1596254 Report a problem