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Five-Unit Residential Income Property
For Sale
$119,999
Pending

231 Kellogg St, Syracuse, NY 13204

Five-unit property with potential for increased rental income.

Property Size3,282 SF
Lot Size0.14 Acres
Days on Market263

Property Features for 231 Kellogg St

General Information

Standard status Pending
Size 3,282 SF
Lot size 0.14 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,713

Building Details

Building Size 3,282 SF
Year Built 1920
Stories 4
Units 5
Listing Agency: InFisium Properties LLC
Listed By: Michael Hemmer · License #10491208620
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 16 at 6:37AM

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 InFisium Properties LLC

Investment Insights

Based on property information with market context.

This five-unit residential income property presents a unique opportunity for cash flow and return on investment. The property currently generates a monthly rent roll of $2900, with potential for increased income.

Key Highlights

  • Excellent cash flow potential
  • High ROI (Return on Investment)
  • 5‑unit property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Butcher Electrical Service Garden Center Nursing Home

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

818
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property with potential for increased rental income.
Where is this apartment building located?
The property is located at 231 Kellogg St Syracuse, NY.
What is the asking price?
The asking price for this property is $119,999.
What are key features of this property?
This property features: Excellent cash flow potential; High ROI (Return on Investment); 5‑unit property
More about this property
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