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14-Unit Apartment Portfolio
For Sale
$387,500

1104 Butternut St, Syracuse, NY 13208

Four neighboring buildings with existing occupancy, four vacant units, and compliance documentation across the package.

Property Size5,387 SF
Price / SF$71.93
Days on Market28

Property Features for 1104 Butternut St

General Information

Standard status Active
Size 5,387 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 14

Building Details

Year Built 1920
Buildings 4
Listing Agency: Hunt Real Estate ERA
Listed By: Zachary Johnson · License #10401317011
Source: Rooftoprealtygroup
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 31 at 6:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunt Real Estate ERA

Investment Insights

Based on property information with market context.

This multifamily package includes 14 units distributed among four separate buildings on Butternut Street in Syracuse. The configuration comprises a 6-unit apartment building, a 5-unit apartment building, a duplex, and a single-family residence. Four units are vacant, while the remaining units provide existing occupancy across the portfolio.

The properties are concentrated along Butternut Street, supporting centralized management, maintenance, and leasing. 1104 Butternut Street and 1106 Butternut Street have current Certificates of Compliance, while 1102 Butternut Street maintains a rental registry. The package includes 1102 Butternut St and 1106 Butternut St and must be acquired as a single transaction.

Key Highlights

  • 14 units across four separate buildings
  • Unit mix includes 6‑unit and 5‑unit apartment buildings, a duplex, and a single‑family residence
  • Four units are vacant; remaining units are occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Garden Center

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,587
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Four neighboring buildings with existing occupancy, four vacant units, and compliance documentation across the package.
Where is this apartment building located?
The property is located at 1104 Butternut St Syracuse, NY.
What is the asking price?
The asking price for this property is $387,500.
What are key features of this property?
This property features: 14 units across four separate buildings; Unit mix includes 6‑unit and 5‑unit apartment buildings, a duplex, and a single‑family residence; Four units are vacant; remaining units are occupied
More about this property
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