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243 Palmer Ave, Syracuse, NY, 13205

4beds
3baths
1,387sqft
$110,000
$79price/sqft
$1,078/moest. monthly cost
$43,120/yrincome needed

About This Home

Income-producing property with tenant in place. Currently leased through January 2027 with consistent monthly rent. Great opportunity for investors seeking immediate cash flow. Please do not disturb occupants.

Getting Around

51
WalkingSomewhat Walkable
43
TransitSome Transit
57
BikeBikeable

Schools

3/10
3/10
1/10
Corcoran High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1935

Materials

  • Foundation: Stone
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Oven,Gas Range,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Breakfast Area,Separate/Formal Living Room,Bath in Primary Bedroom,Main Level Primary
  • Flooring: Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Hot Water,Stove

Interior Area

  • Total structure area: 1,387
  • Total interior livable area: 1,387 sqft

Property

Details

  • Parcel number: 31150008600000030140000000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,000 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 40 x 125

Parking

  • Parking features: No Garage,No Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Onondaga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $556$6,672
Home Insurance *$73$876
Property Taxes $203$2,436
Electricity $246$2,954
Total$1,078$12,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,960/yr
40% on housing$32,340/yr
45% on housing$28,746/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.5%
3.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 13205$68
Onondaga County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 13205$116
Onondaga County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-31Listed for sale$110,000
2025-12-07Listing removed$110,000
2025-07-09Price change$110,000
2025-06-09Listed for sale$115,000
2024-05-07Listing removed$119,900
2024-05-03Listed for sale$119,900
2023-07-25Sold$62,000
2023-05-03Pending sale$69,000
2023-04-20Contingent$69,000
2023-03-31Listed for sale$69,000
2023-03-24Contingent$69,000
2022-12-06Price change$69,000
2022-06-24Listed for sale$75,000
2013-07-31Sold$5,000
2001-06-27Sold$6,500

For Sale by Agent

AgentKhai Vuong
BrokerageAssist2Sell Buyers & Sellers 1st Choice

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