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Two-Unit Residential Income Property
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311 Onondaga Ave, Syracuse, NY 13207

Two-unit home with two separate apartments, each offering three bedrooms and one bathroom.

Days on Market112

Property Features for 311 Onondaga Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Royal Shell Real Estate, Inc
Listed By: Frank Procopio · License #Sl3505095
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 22 at 11:56AM

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 Royal Shell Real Estate, Inc

Investment Insights

Based on property information with market context.

This two-unit residential income property features two separate apartments, each with three bedrooms and one bathroom. Both units include spacious living and dining areas.

According to the seller’s information, the downstairs unit is currently paying $950 per month and the upstairs unit is currently paying $975 per month. The property has been owned by the same family for over 20 years and has been well cared for.

The home is configured for owner occupancy or investment use, with distinct units within the same property and established in-place rental payments as provided in the remarks.

Key Highlights

  • Two‑unit home with two separate apartments, each with 3 bedrooms and 1 bathroom
  • Downstairs unit currently rents for $950 per month
  • Upstairs unit currently rents for $975 per month

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Big Box & Wholesale Store Building Supply

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 13207, NY

13,140
Population
5,954
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
4,106
Density / Sq Mi
$59,495
Median Household Income
$39,082
Median Earnings
$1,111
Median Rent
$110,500
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?
Multifamily property - Two-unit home with two separate apartments, each offering three bedrooms and one bathroom.
Where is this multifamily property located?
The property is located at 311 Onondaga Ave Syracuse, NY.
What are key features of this property?
This property features: Two‑unit home with two separate apartments, each with 3 bedrooms and 1 bathroom; Downstairs unit currently rents for $950 per month; Upstairs unit currently rents for $975 per month
(239) 206-6577 Call to check price and availability
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