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3-Unit Triplex
New
For Sale
$176,500

204 Union Place, Syracuse, NY 13208

The apartment mix includes a studio, a two-bedroom unit, and a three-bedroom unit.

Property Size2,848 SF
Price / SF$61.97
Days on Market2

Property Features for 204 Union Place

General Information

Standard status Active
Size 2,848 SF
Property subtype Multi-Family

Building Details

Year Built 1920
Listing Agency: eXp Realty
Listed By: An Vu · License #VUAN
Source: 716realtygroup
Added: Oct 1 Last Checked: Oct 1 at 2:13PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This 2,848-square-foot triplex was built in 1920 and contains three apartments. The first floor has a front studio and a rear two-bedroom unit; a three-bedroom apartment occupies the second floor. The studio and upper-level apartment are vacant. A basement workshop has its own stair access, and tenants are responsible for utilities.

The property is in Syracuse’s Northside, near Salina, Little Italy, Destiny Mall, downtown Syracuse, and local amenities.

Key Highlights

  • Three rental apartments: a studio, a 2‑bedroom unit, and a 3‑bedroom unit
  • 2,848 square feet; built in 1920
  • Basement workshop with separate stair access

Property Analytics

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Current Use

Palmisano Television Repair Computer & Electronic Repair

Suggested Use

Top Pick Garden Center Florist Acupuncture Catering Service (Bike/Boat/Book/etc) Store Nursing Home

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

1,408
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - The apartment mix includes a studio, a two-bedroom unit, and a three-bedroom unit.
Where is this triplex located?
The property is located at 204 Union Place Syracuse, NY.
What is the asking price?
The asking price for this property is $176,500.
What are key features of this property?
This property features: Three rental apartments: a studio, a 2‑bedroom unit, and a 3‑bedroom unit; 2,848 square feet; built in 1920; Basement workshop with separate stair access
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