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    242 Mckinley Ave, Unit 42 Syracuse, NY 13205

    New
    Pending
    For Sale
    $217,000

    MULTI_FAMILY - Other - Syracuse, NY

    Property size:
    2,496 SF
    Lot size:
    0.12 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 242 Mckinley Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 6, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    2
    APN
    311500-077-000-0010-007-000-0000
    Patio and Porch features
    Patio
    Interior features
    Attic, CeilingFans, NaturalWoodwork
    Exterior features
    Patio
    Appliances
    GasWaterHeater
    Size
    2,496 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Marble, Tile
    Building materials
    BlownInInsulation, WoodSiding
    Roof type
    Asphalt
    Architectural style
    Other

    MyTown Realty (315) 559-5453 [email protected]

    Listing agent David Hall (315) 497-6500 License #10401349369

    Listing date Dec 4, 2025

    MLS# S1646220 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Syracuse Two-Unit Multifamily Property

    Located in Syracuse, this well-maintained multifamily property at 242 Mckinley Avenue features two units. Unit #1 contains 3 bedrooms, while Unit #2 offers 4 bedrooms, for a total of 7 bedrooms across both units. The property has a total size of 2496 square feet and sits on a 0.1212-acre lot. Both units have been upgraded with refinished hardwoods. Unit #2 features a full kitchen and bathroom upgrade, including quartz countertops and new tile flooring. Both bathrooms have been fully renovated. A new water heater has been installed, and the mechanicals have been recently serviced. Both tenants are long term and have a history of on-time rental payments, making this a potentially attractive investment property.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.140816
    Latitude
    43.024061

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property with upgraded interiors and long-term tenants.
    Where is this duplex located?
    The property is located at 242 Mckinley Ave, Unit 42 Syracuse, NY.
    What is the asking price?
    The asking price for this property is $217,000.
    What are key features of this property?
    This property features: - Two-unit property featuring a total of 7 bedrooms (3 in unit #1, 4 in unit #2).; - Unit #2 boasts a **fully upgraded kitchen and bathroom with quartz countertops and new tile flooring.**; - **Both bathrooms have been fully renovated.**
    (315) 497-6500
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    242 Mckinley Ave, Unit 42 Syracuse, NY 13205
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    Syracuse, NY 13205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Mckinley Ave, Unit 42 Syracuse, NY 13205
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