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    237 Martin Luther King W Syracuse, NY 13205

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    For Sale
    $119,900

    Six-unit apartment building requiring full rehabilitation.

    Lot size:
    0.40 Acres

    Property Features for 237 Martin Luther King W

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1920

    Source: Hunt Real Estate ERA Agent Dante Belmonte

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Unit Apartment Building For Sale

    This is a six-unit brick apartment building that requires full rehabilitation. The building features large, two-bedroom floor plans in each unit. A fairly new roof is in great shape. Most windows have been replaced. Parking is available at the back of the building.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -76.1518621
    Latitude
    43.0317139

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building requiring full rehabilitation.
    Where is this apartment building located?
    The property is located at 237 Martin Luther King W Syracuse, NY.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Six-unit apartment building offers significant investment potential.; - Large 2-bedroom floor plans in each unit provide ample living space.; - Newer roof in great shape minimizes immediate major repair costs.
    (315) 446-4681
    Request Owner's contact information
    237 Martin Luther King W 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
    237 Martin Luther King W Syracuse, NY 13205
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