Turnkey 4-Unit
For Sale
$279,900
Pending
509 TURTLE ST, Syracuse, NY 13208
Turnkey 4-unit quadplex with separately metered utilities, off-street parking, and a detached garage.
Property Size5,643 SF
Days on Market341
Property Features for 509 TURTLE ST
General Information
Standard status
Pending
Size
5,643 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$5,096
Amenities
Gas
Full, Walkout
3
Vinyl, Carpet
Cable Available
Asphalt, Shingle, Composition Shingle
1 Garage Spaces.
Vinyl, Frame
Rectangular
92X198
City Road, Rectangular.
Building Details
Year Built
1940
Listing Agency:
Acropolis Realty Group LLC
(315) 396-0493
Listed By:
Christopher Newman · License #10301218603
(315) 308-1402
Source:
Xome
Added: Oct 2, 2025
Changed: Sep 1
Last Checked: Sep 7 at 5:41AM
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 Acropolis Realty Group LLC
Investment Insights
Based on property information with market context.
This turnkey quadplex offers four spacious apartments and includes off-street parking plus a detached garage for storage or additional income. The property has documented major updates, including a roof replacement in 2012, and three furnaces reportedly installed new within the last 7–8 years. The city-required lead testing has been passed.
Tenants benefit from separately metered utilities, with residents paying their own gas and electricity. Over the years, the apartments have been updated, including new kitchens, bathrooms, flooring, and fresh paint throughout.
Two of the apartments are currently rented to long-term tenants, while the other two are being left vacant for the new owner to rent or occupy themselves. The property is presented with nearly $50k in stated annual gross potential income and “double-digit returns,” subject to the terms and occupancy at acquisition.
Tenants benefit from separately metered utilities, with residents paying their own gas and electricity. Over the years, the apartments have been updated, including new kitchens, bathrooms, flooring, and fresh paint throughout.
Two of the apartments are currently rented to long-term tenants, while the other two are being left vacant for the new owner to rent or occupy themselves. The property is presented with nearly $50k in stated annual gross potential income and “double-digit returns,” subject to the terms and occupancy at acquisition.
Key Highlights
- Turnkey 4‑unit quadplex with separately metered utilities (tenants pay gas and electricity)
- Nearly $50k annual gross potential income, with two units rented to long‑term tenants and two units vacant for new owner
- Roof replaced in 2012; 3 furnaces installed within the last 7–8 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey 4-unit quadplex with separately metered utilities, off-street parking, and a detached garage.
Where is this quadplex located?
The property is located at 509 TURTLE ST Syracuse, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Turnkey 4‑unit quadplex with separately metered utilities (tenants pay gas and electricity); Nearly $50k annual gross potential income, with two units rented to long‑term tenants and two units vacant for new owner; Roof replaced in 2012; 3 furnaces installed within the last 7–8 years
