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Three-Story Multifamily Building
For Sale
$475,000

1908 W Genesee St, Syracuse, NY 13204

Three-story, 7-unit multifamily property built in 1950, with a possible eighth unit and full basement use by the owner.

Property Size6,671 SF
Days on Market48

Property Features for 1908 W Genesee St

General Information

Standard status Active
Size 6,671 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $9,659

Building Details

Building Size 6,671 SF
Year Built 1950
Stories 3
Units 7
Listing Agency: Howard Hanna Real Estate
Listed By: Paul Esposito
Source: Elliman
Added: Jul 16 Changed: Aug 8 Last Checked: Aug 31 at 3:28PM

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 Howard Hanna Real Estate

Investment Insights

Based on property information with market context.

This three-story multifamily building was constructed in 1950 and totals 4,608 square feet, consisting of 7 units with a possible eighth. The property is compiled of 2-bedroom/1-bath and 1-bedroom/1-bath apartments, with the current unit mix listed as one 2-bedroom/1-bath unit and six 1-bedroom/1-bath units. The owner currently has full use of the entire basement.

The building has been self-managed by the same owner for 17 years. All 7 units are currently occupied by the same tenant, providing an existing rental stream. The property is located at 1908 W Genesee Street, just off Tipp Hill, in the Far Westside of Syracuse.

Key Highlights

  • Three‑story 7‑unit multifamily at 1908 West Genesee Street, built in 1950
  • Unit mix: one 2BR/1BA unit and six 1BR/1BA units, with a possible 8th unit
  • Approx. 4,608 sq ft total building area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Gym & Fitness Center Electrical Service 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.

Location Intelligence

Trade Area within ½ mile

554
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story, 7-unit multifamily property built in 1950, with a possible eighth unit and full basement use by the owner.
Where is this apartment building located?
The property is located at 1908 W Genesee St Syracuse, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑story 7‑unit multifamily at 1908 West Genesee Street, built in 1950; Unit mix: one 2BR/1BA unit and six 1BR/1BA units, with a possible 8th unit; Approx. 4,608 sq ft total building area
More about this property
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