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501 Montrose Ave, Syracuse, NY, 13219

4beds
2baths
2,911sqft
$279,900
$96price/sqft
$2,513/moest. monthly cost
$100,520/yrincome needed

About This Home

Large duplex on a corner lot with a three car garage and potential for a third unit n the third floor! The lower 2-bedroom unit is rented for $1,600 per month and will increase to $1,700 a month in June based on their 3-year lease (lease ends May of 2027). The upper 2-bedroom unit is rented for $1,800 per month on a month to month lease. Each tenant has access to one of the garage bays and the third is rented for $300 a month bringing the total monthly income for this property to $3,700 per month ($3,800/month starting in June). Landlord is responsible for all utilities.

Getting Around

60
WalkingSomewhat Walkable
34
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

4/10
Solvay Elementary SchoolGrades K-41.1 mi
5/10
Solvay Middle SchoolGrades PK,5-84.3 mi
6/10
Solvay High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1930

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 2,911
  • Total interior livable area: 2,911 sqft

Property

Details

  • Parcel number: 31320101600000020110000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,719 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 44 x 130

Parking

  • Total spaces: 3
  • Parking features: Paved,Two or More Spaces
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Strong Wind

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 $1,415$16,980
Home Insurance *$100$1,200
Property Taxes $517$6,204
Electricity $481$5,772
Total$2,513$30,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,160/yr
40% on housing$75,390/yr
45% on housing$67,013/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

$96This listing

vs Other Active Listings

Avg $/sqft

ZIP 13219$170
Onondaga County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 13219$185
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)

No zestimate history available

Price History

DateEventPrice
2026-04-29Listed for sale$309,900
2023-11-17Sold$255,000
2023-10-04Pending sale$249,900
2023-09-07Contingent$249,900
2023-09-01Listed for sale$249,900
2023-04-21Listing removed--
2023-03-28Contingent$249,900
2023-02-22Listed for sale$249,900
2023-02-20Contingent$249,900
2023-02-04Listed for sale$249,900
2022-11-22Sold$185,000
2022-10-12Pending sale$185,000
2022-10-12Contingent$185,000
2022-10-04Listed for sale$185,000
2022-09-24Pending sale$185,000
2022-09-24Contingent$185,000
2022-09-21Listed for sale$185,000
2012-01-16Sold$79,785
2011-10-12Price change$109,000
2011-09-20Price change$123,900
2011-08-19Listed for sale$139,900

For Sale by Agent

AgentDante Belmonte
BrokerageHunt Real Estate ERA

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