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Multifamily Investment Opportunity
For Sale
$87,500
Pending

308 Erie St, Syracuse, NY 13204

Multifamily property with upside potential in Syracuse, NY.

Property Size2,528 SF
Lot Size0.11 Acres
Days on Market255

Property Features for 308 Erie St

General Information

Standard status Pending
Size 2,528 SF
Lot size 0.11 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $3,541

Building Details

Building Size 2,528 SF
Year Built 1900
Stories 2
Units 2
Listing Agency: Coldwell Banker Prime Prop, Inc
Listed By: Susan Li · License #30LI0956504
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 8 at 10:27AM

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 Coldwell Banker Prime Prop, Inc

Investment Insights

Based on property information with market context.

This multifamily property is part of a package of six properties totaling 16 units, which includes addresses at 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., and 290 W. Seneca Tpke. The entire package is listed for $935,000. The property is currently tenant-occupied, requiring 48 hours' notice for showings. The rents are considered low for the area, presenting an opportunity for increased revenue and return on investment.

Key Highlights

  • Part of a 6‑property, 16‑unit package
  • Package listed for $935,000
  • Upside growth potential in rents

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery

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

Location Intelligence

Trade Area within ½ mile

697
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?
Multifamily property - Multifamily property with upside potential in Syracuse, NY.
Where is this multifamily property located?
The property is located at 308 Erie St Syracuse, NY.
What is the asking price?
The asking price for this property is $87,500.
What are key features of this property?
This property features: Part of a 6‑property, 16‑unit package; Package listed for $935,000; Upside growth potential in rents
More about this property
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