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Two-Unit Duplex Needing Renovation
For Sale
Contact for pricing

242-44 Richmond Ave, Syracuse, NY 13204

MULTI_FAMILY - Syracuse, NY

Property SizeContact for details
Days on Market371

Property Features for 242-44 Richmond Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 5
Subdivision Park Ave
High school district SYRACUSE CITY SCHOOL DISTRICT
Directions N Geddes to Richmond
Standard status Active
APN 311500-105.000-0008-042.000

Taxes and HOA fees

Tax Annual Amount 1000

Utilities

Water source Public

Building Details

Year built 1900
Floors in Building 2
Listing Agency: Greater Syracuse Land Bank
Listed By: Greater Syracuse Land Bank
Added: Aug 8, 2025 Changed: Aug 3 Last Checked: Aug 13 at 3:06AM
MLS# 11551650

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex is set up as a first-floor unit with three bedrooms and a second-floor unit with four bedrooms. The property is described as needing work and is being sold as-is without warranty or representations.

Built in 1900, the duplex is connected to public water.

For buyers considering a renovation, the available information indicates estimated renovation costs can be higher than initial estimates, with buyer responsibility to complete improvements after closing.

Key Highlights

  • Two‑family duplex with first‑floor 3 bedrooms and second‑floor 4 bedrooms
  • Seven total bedrooms across both units
  • Built in 1900

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Store Nursing Home Pet Store & Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby

Demographics for 13204, NY

19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family duplex with a 3-bedroom first floor and 4-bedroom second floor, served by public water.
Where is this duplex located?
The property is located at 242-44 Richmond Ave Syracuse, NY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two‑family duplex with first‑floor 3 bedrooms and second‑floor 4 bedrooms; Seven total bedrooms across both units; Built in 1900
More about this property
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