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219 Lakeview Ave Syracuse, NY 13204

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For Sale
$40,000

2,800 SF duplex with value-add and repositioning potential.

Type:Multi Family
Property size:
2,800 SF
Lot 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

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Listing Contact
Zachary Johnson

Listing agent Zachary Johnson

Listing office

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

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1785168
Latitude
43.0506404

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.
More about this property
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