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Four-Unit Apartment Building
For Sale
$50,000

128 Fairview Avenue, Syracuse, NY 13203

1940 multifamily property with four three-bedroom apartment layouts and substantial remodeling needs.

Property SizeContact for details
Days on Market124

Property Features for 128 Fairview Avenue

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Minor
Evidence Building and grounds need a lot of cleaning and remodeling.

Units

Unit Mix 4 x 3BR
Multifamily Units 4

Amenities

Gas
Forced Air
Gas Water Heater
See Remarks
Sewer Connected, Water Connected, Asphalt

Building Details

Year Built 1940
Stories 2
Listing Agency: Syracuse
Listed By: Joseph Nastri · License #30na462867
Source: Kw
Added: Apr 16 Changed: Aug 13 Last Checked: Aug 13 at 4:18AM

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 Syracuse

Investment Insights

Based on property information with market context.

Built in 1940, this Syracuse multifamily property is described as having four large three-bedroom apartment layouts. The building and grounds require extensive cleaning and remodeling, creating a project-oriented condition for a buyer evaluating a four-unit residential asset.

Recent improvements include new furnaces and new electrical services. Interior features include gas service, forced-air heating, and gas water heaters. The property also has connected water and sewer service, with asphalt among the exterior features.

Key Highlights

  • Four large three‑bedroom apartment layouts
  • New furnaces
  • New electrical services

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Locksmith Catering Service Electrical Service

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby

Demographics for 13203, NY

16,240
Population
9,092
Households
1.8
Avg Household Size
37
Median Age
28%
College-Educated
84%
High-School Grad
1.7 sq mi
ZIP Area
9,553
Density / Sq Mi
$46,526
Median Household Income
$38,240
Median Earnings
$953
Median Rent
$148,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - 1940 multifamily property with four three-bedroom apartment layouts and substantial remodeling needs.
Where is this quadplex located?
The property is located at 128 Fairview Avenue Syracuse, NY.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Four large three‑bedroom apartment layouts; New furnaces; New electrical services
More about this property
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