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Three-Unit Multifamily Investment Opportunity
For Sale
$174,900
Pending

189 Lakeview Ave, Syracuse, NY 13204

Three-unit property with income potential, near amenities and transportation.

Property Size2,592 SF
Days on Market105

Property Features for 189 Lakeview Ave

General Information

Standard status Pending
Size 2,592 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,826

Building Details

Building Size 2,592 SF
Year Built 1920
Stories 2
Units 3
Listing Agency:
Listed By: Leslie Michel
Source: Elliman
Added: Apr 27 Changed: Aug 8 Last Checked: Aug 8 at 12:26PM

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 Leslie Michel

Investment Insights

Based on property information with market context.

This three-unit multifamily property presents an investment opportunity with income potential. All units are currently occupied, providing immediate cash flow. The property features functional layouts and long-term tenants. The location is near local amenities, shopping, and transportation. The property requires some improvements and is being sold as-is.

Key Highlights

  • Immediate cash flow from 100% occupancy.
  • Strong income potential as a 3‑unit multifamily property.
  • Value‑add opportunity to increase rents and property value.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Parking Lot & Garage Catering Service Butcher

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

921
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?
Triplex - Three-unit property with income potential, near amenities and transportation.
Where is this triplex located?
The property is located at 189 Lakeview Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Immediate cash flow from **100% occupancy**.; Strong income potential as a 3‑unit multifamily property.; Value‑add opportunity to increase rents and property value.
More about this property
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