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Renovation Opportunity: Two-Family Property
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339 W Newell St, Syracuse, NY 13205

Two-family property needing total renovation, potential cash flow.

Property Size1,981 SF
Lot Size0.10 Acres
Days on Market254

Property Features for 339 W Newell St

General Information

Standard status Active
Size 1,981 SF
Lot size 0.10 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $1,269

Building Details

Building Size 1,981 SF
Year Built 1915
Stories 2
Units 2
Listing Agency: Coldwell Banker Prime Prop, Inc
Listed By: Susan Li · License #30LI0956504
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:07PM

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 two-family property presents a renovation opportunity for contractors and investors seeking potential positive cash flow. Each unit features two bedrooms. The property is a blank canvas ready for complete renovation.

Key Highlights

  • Investment opportunity with potential for positive cash flow.
  • Two‑family property.
  • Blank canvas for total renovation.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Kitchen & Bath Showroom Accounting Firm

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

516
Businesses Nearby

Demographics for 13205, NY

18,834
Population
8,868
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
3.6 sq mi
ZIP Area
5,232
Density / Sq Mi
$39,171
Median Household Income
$32,711
Median Earnings
$898
Median Rent
$96,300
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?
Duplex - Two-family property needing total renovation, potential cash flow.
Where is this duplex located?
The property is located at 339 W Newell St Syracuse, NY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Investment opportunity with potential for positive cash flow.; Two‑family property.; Blank canvas for total renovation.
More about this property
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