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Two-Family Duplex with Seven Bedrooms
For Sale
Contact for pricing

242-44 Richmond Ave, Syracuse, NY 13204

Residential Income, Syracuse, NY

Property SizeContact for details
Days on Market401

Property Features for 242-44 Richmond Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 3
Subdivision Park Ave
High school district SYRACUSE CITY SCHOOL DISTRICT
Directions N Geddes to Richmond
Standard status Active
APN 311500-105.000-0008-042.000

Taxes and HOA fees

Tax Annual Amount 1000

Utilities

Water source Public

Building Details

Year built 1900
Floors in Building 2
Listing Agency: Greater Syracuse Land Bank
Listed By: Greater Syracuse Land Bank
Added: Aug 8, 2025 Changed: Sep 10 Last Checked: Sep 12 at 3:06AM
MLS# 11551650

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Syracuse’s Park Ave neighborhood, this two-family property is arranged with a three-bedroom residence on the first floor and a four-bedroom residence above. The building dates to 1900 and is connected to public water service.

The property requires renovation and is being conveyed as-is, without warranties or representations. Its two-unit layout and separate bedroom configurations provide a clear residential income format for a purchaser evaluating a rehabilitation project.

Key Highlights

  • Two‑family property with seven total bedrooms
  • First‑floor unit includes 3 bedrooms
  • Second‑floor unit includes 4 bedrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Store Nursing Home Pet Store & Service Electrical Service

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

1,298
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property requiring renovation and offered in as-is condition.
Where is this duplex located?
The property is located at 242-44 Richmond Ave Syracuse, NY.
What are key features of this property?
This property features: Two‑family property with seven total bedrooms; First‑floor unit includes 3 bedrooms; Second‑floor unit includes 4 bedrooms
More about this property
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