219 Lakeview Ave Syracuse, NY 13204
2,800 SF duplex with value-add and repositioning potential.
Type:Multi Family
Property size:
2,800 SFLot size:
0.10 Acres- Added:
- Mar 23, 2026
- Days on Market:
- 15
- Last Refresh:
- Mar 19 at 9:01 am
Property Features for 219 Lakeview Ave
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 0.10 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agent Zachary Johnson
Listing office (315) 396-0493
Listing date Mar 23, 2026
Source Elliman
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 Zachary Johnson
Overview
Syracuse Duplex Conversion Opportunity
This 2,800 sq/ft duplex in Syracuse presents a significant value-add opportunity for investors. Formerly configured as a 4-unit property, it is currently set up as a 2-unit property with a clear path to restore or reconfigure into a 4-unit layout, or optimize into two large 4-bedroom units. The property features separate gas and electric meters and offers low taxes. A full renovation is required, making it ideal for experienced investors or contractors looking to force appreciation. With the right renovation plan, this property can be transformed into a high-performing asset. Whether restoring the original 4-unit configuration or creating larger, high-rent units, investors have multiple exit strategies. The projected market rent is approximately $3,700 per month as two 4-bed units, making it ideal for BRRRR, flip, or long-term hold strategies. The location on Lakeview Ave provides convenient access to downtown Syracuse, major employers, and transportation corridors, supporting strong rental demand.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1785168
- Latitude
- 43.0506404
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - 2,800 SF duplex with value-add and repositioning potential.
Where is this duplex located?
The property is located at 219 Lakeview Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Value‑add opportunity to reconfigure and renovate a 2,800 sq/ft duplex (formerly a 4‑unit property) for increased cash flow.; Potential to convert back to a 4‑unit layout or optimize into two large 4‑bedroom units.; Projected market rent of ~$3,700/month as two 4‑bed units.
