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Four-Unit Multifamily Investment Property
For Sale
$240,000

307 Wadsworth St 9, Syracuse, NY 13208

Four-unit property with income potential in a desirable rental location.

Property Size5,061 SF
Days on Market113

Property Features for 307 Wadsworth St 9

General Information

Standard status Active
Size 5,061 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $7,054

Building Details

Building Size 5,061 SF
Year Built 1930
Stories 2
Units 4
Listing Agency: Empire Realty Group
Listed By: Tonya Britton · License #10401333644
Source: Elliman
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 12 at 10:09AM

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 Empire Realty Group

Investment Insights

Based on property information with market context.

This four-unit investment property is located in a desirable rental location and has a history of full occupancy. The building contains three one-bedroom units and one two-bedroom unit, all featuring hardwood floors. Each unit has separate gas and electric meters, allowing tenants to pay their own utilities. Current rents are below market value, presenting an opportunity for increased income. The property also includes laundry hookups in the basement, which could generate additional revenue through coin-operated laundry. The property is located in a very walkable area with a walk score of 86 and has good transit with a transit score of 52. The bike score is 42, making it somewhat bikeable. This property is suitable for owner-occupiers or investors seeking to expand their portfolio.

Key Highlights

  • Highly desirable rental location with a proven history of full occupancy.
  • Separate utilities (gas and electric) metered for each unit, tenants pay their own utilities.
  • Strong upside potential for increased income due to below‑market rents.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Accounting Firm Cafe & Coffee Shop

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

422
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

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?
Quadplex - Four-unit property with income potential in a desirable rental location.
Where is this quadplex located?
The property is located at 307 Wadsworth St 9 Syracuse, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Highly desirable rental location with a proven history of full occupancy.; Separate utilities (gas and electric) metered for each unit, tenants pay their own utilities.; Strong upside potential for increased income due to below‑market rents.
More about this property
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