




1102 Butternut St, Syracuse, NY, 13208
About This Home
Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add opportunities. The portfolio has been strategically managed, with four units intentionally left vacant to allow prospective buyers easy access for inspections and showings while also creating the opportunity to place tenants at current market rents immediately after acquisition. Existing occupancy provides in-place cash flow, while the vacant units offer a clear path to increased revenue. Ownership has maintained compliance where applicable, with 1104 Butternut Street and 1106 Butternut Street holding current Certificates of Compliance, and 1102 Butternut Street maintaining a rental registry. The portfolio’s close proximity of assets creates operational efficiencies for management, maintenance, and leasing. Whether you’re looking to expand an existing Syracuse portfolio or establish a larger presence in one acquisition, this offering delivers a combination of current income, rental upside, and strong long-term return potential. Opportunities to acquire 14 units across four neighboring assets in a single transaction are increasingly rare. Properties included: S1690839- 1104 Butternut St, Syracuse NY 13208 S1690829- 1106 Butternut St, Syracuse, NY 13208 (14 total units across four buildings). Portfolio must be sold as a package.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1890
Materials
- Construction materials: Wood 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: 10
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Luxury Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 3,234
- Total interior livable area: 3,234 sqft
Property
Details
- Parcel number: 31150001500000010430000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 8,258 sqft
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 41 x 200
Parking
- Parking features: 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
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Onondaga County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,175 | $14,100 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $430 | $5,160 |
| Electricity | $534 | $6,413 |
| Total | $2,291 | $27,492 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-16 | Listed for sale | $232,500 |
| 2025-02-26 | Listing removed | $949,999 |
| 2025-02-07 | Listed for sale | $949,999 |
| 2025-01-17 | Contingent | $949,999 |
| 2024-08-15 | Listed for sale | $949,999 |
| 2024-08-12 | Listing removed | -- |
| 2024-06-17 | Price change | $1,049,999 |
| 2024-04-24 | Listed for sale | $1,060,000 |
| 2024-02-22 | Listing removed | -- |
| 2023-11-09 | Listed for sale | $988,600 |
