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1326 Madison St 🏷️ Likely Rental
B+ Composite 78.48
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.2/10.0
  • Rent growth +5.0/5.0
  • Schools +4.2/10.0
  • Livability +3.9/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$295,000

1326 Madison St · Syracuse, NY 13210
6 bd · 2.0 ba · 2,762 sqft · MultiFamily public records · 37 Days on market
Built 1875 Fair condition 5,162 sqft lot Garage $107/sqft · 44% below area Est $531k · 44% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

Key facts

  • Newer electric
  • Newer roof
  • Modern furnace

Tags

TWO FAMILY BRICK HOMEPARKING FOR 5 CARSWALK UP ATTIC STORAGENEWER ROOFNEWER ELECTRICMODERN FURNACE

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $295,000 price doesn't fit this home's estimated sale value (~$531,379) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2 × 3-bed/1.0-bath units multifamily listed at $295k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive. Per door: $619/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $295k).
  • Recommended offer: $286k (3.0% below list) — sets the bar for market timing.
  • Cap rate 11.3% vs local median 7.6% in Syracuse — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 77/100 on livability (#187 in NY, #2,869 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment D-.
  • Syracuse City School District (urban): math 18% / reading 26% proficiency, ranked #590 of 590 in NY (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Edward Smith K-8 School (math 13% / reading 39%, grade F, #1,816 of 2,108 statewide, top 86%, 710 students, 69% FRL); Expeditionary Learning Middle School (math 17% / reading 32%, grade F, #611 of 729 statewide, top 88%, 170 students, 76% FRL); Nottingham High School (math 75% / reading 77%, grade A-, #616 of 1,100 statewide, top 57%, 1,226 students, 80% FRL) — zoned schools at 75% FRL track the district average.
  • Zoned-school proficiency averages 42% at this address vs 22% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Syracuse City School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+11.2%/yr); 105 active listings in the ZIP; lower-income renter base — watch delinquency; 616 units permitted in Onondaga County in 2024 (256 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Onondaga County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $83k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 37 days — a 3% lower offer ($286k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $168k; list at $295k implies a 76% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1875 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $286,150 (3.0% below list)

Questions for the listing agent

  1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  5. Built in 1875 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.32%
Cap rate
11.33%
Cash-on-cash
18.00%
DSCR
1.80
GRM
6.3

CMA / ARV

ARV (median comp)
$531,379
List price
$295,000
Delta
-44.48%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
231 Allen St 0.39mi 6/2.0 2,832 (+2%) 4mo $185,000 $65 74
519 Clarendon St #21 0.46mi 6/2.0 2,744 (-1%) 9mo $286,000 $104 70
225 Fellows Ave #27 0.53mi 6/2.0 2,652 (-4%) 1mo $309,900 $117 68
522 Westmoreland Ave #24 0.46mi 6/2.0 2,872 (+4%) 10mo $250,000 $87 64
437 Westmoreland Ave #39 0.49mi 6/2.0 2,980 (+8%) 3mo $220,000 $74 62
452 Ellis St #54 0.51mi 6/2.0 2,560 (-7%) 5mo $155,000 $61 60
136 Cumberland Ave 0.53mi 6/2.0 2,784 (+1%) 22mo $166,000 $60 56
125 Cumberland Ave 0.55mi 6/2.0 2,664 (-4%) 18mo $210,000 $79 53
814 Ackerman Ave 0.63mi 6/2.0 2,702 (-2%) 17mo $360,000 $133 53
704-06 Allen St 0.58mi 6/2.0 2,620 (-5%) 17mo $380,000 $145 51
133 Cumberland Ave #2 0.55mi 6/2.0 2,624 (-5%) 19mo $125,000 $48 50
245 Fellows Ave 0.56mi 6/6.0 2,764 (+0%) 21mo $450,000 $163 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
14.7%
Equity multiple
1.62×
Total profit
$51,533
Equity at exit
$43,985
10-year hold
IRR
26.8%
Equity multiple
3.90×
Total profit
$239,547
Equity at exit
$25,506

Cash invested: $82,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
15 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City
— inherits STATE
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
6 active · 18 under contract
Months of supply
7.2 mo (14%/mo absorbed)
Median asking
$386,500 ($123/sqft)
Median days on market
100 d
This list price
33% of active listings are priced below it
ARV vs active asking
+56.2% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 13210

Home prices YoY
-9.0%
Rents YoY
11.2%
Active inventory
105
Price-to-rent
12.7×

Monthly cashflow live

Estimated rent
$3,882 high interval (Pro) →
Mortgage (P&I)
$1,547
Tax from tax record
$158 /mo · $1,898/yr
Insurance
$123
HOA
$0
Vacancy / Maint / Mgmt
$815
Net cashflow
$1,239

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $3,882

Break-even live

Break-even rent $2,314
Max offer price $295,000
Occupancy floor 63%

Sensitivity live

Price -10% $1,406 -5% $1,322 +0% $1,239 +5% $1,155 +10% $1,072
Rent -10% $932 -5% $1,085 +0% $1,239 +5% $1,392 +10% $1,545
Rate -1.0pp $1,387 -0.5pp $1,314 base $1,239 +0.5pp $1,162 +1.0pp $1,084

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$73,750
Closing costs
$8,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1322 Madison St Unit 11 Syracuse, NY 4.0 1.0 $2,200 139d 1 0.02mi
424 Columbus Ave Unit 1 Syracuse, NY 3.0 2.0 $1,700 6d 1 0.13mi
430 Columbus Ave Unit 5 Syracuse, NY 2.0 1.0 $1,350 117d 1 0.13mi
216 Bassett St Unit 22 Syracuse, NY 3.0 1.0 $2,250 109d 1 0.14mi
435 Columbus Ave Unit 21 Syracuse, NY 4.0 2.0 $2,200 6d 1 0.16mi
113 Lexington Ave Unit 2 Syracuse, NY 2.0 1.0 $1,750 109d 1 0.17mi
1530 E Genesee St Syracuse, NY 2.0 1.0 $510 6d 1 0.17mi
109 Lexington Ave Unit 3 Syracuse, NY 4.0 2.0 $2,200 109d 1 0.17mi
121 Lexington Ave Syracuse, NY 4.0 2.5 $2,400 139d 1 0.18mi
1920 E Genesee St Unit 2 Syracuse, NY 2.0 1.0 $1,650 6d 1 0.18mi
309 Columbus Ave Unit 4 Syracuse, NY 2.0 1.0 $1,550 6d 1 0.18mi
139 Lexington Ave Unit 11 Syracuse, NY 4.0 2.0 $2,500 117d 1 0.19mi
307 Columbus Ave Unit 55 Syracuse, NY 2.0 1.0 $1,300 6d 1 0.19mi
1531 E Genesee St Unit 22 Syracuse, NY 4.0 2.0 $2,600 6d 1 0.20mi
205 Cherry St Unit 2 Syracuse, NY 3.0 2.0 $1,950 109d 1 0.20mi
203 Cherry St Unit 11 Syracuse, NY 3.0 2.0 $1,950 6d 1 0.21mi
1209 Madison St Fl -1 Syracuse, NY 3.0 1.0 $2,180 6d 1 0.21mi
1207 Madison St Apt -1 Syracuse, NY 3.0 1.0 $2,180 139d 1 0.22mi
208 Columbus Ave Unit 11 Syracuse, NY 4.0 2.0 $2,200 6d 1 0.22mi
205 Lexington Ave Unit 11 Syracuse, NY 4.0 1.5 $1,800 109d 1 0.23mi
410 Westcott St Unit 3 Syracuse, NY 4.0 1.0 $2,500 139d 1 0.23mi
1205 Madison St Fl -1 Syracuse, NY 4.0 3.0 2988 $2,640 $0.88 139d 1 0.23mi
206 Columbus Ave Unit 22 Syracuse, NY 3.0 1.0 $1,800 139d 1 0.23mi
539 Columbus Ave Unit 1 Syracuse, NY 4.0 1.5 $2,500 139d 1 0.23mi
420 Westcott St Syracuse, NY 3.0 2.0 $2,100 6d 1 0.24mi
1611 E Fayette St #2 Syracuse, NY 2.0 1.0 $650 139d 1 0.25mi
1702 E Fayette St Unit 2 Syracuse, NY 2.0 1.0 850 $1,200 $1.41 6d 1 0.26mi
1436 E Genesee St Unit 33 Syracuse, NY 2.0 1.0 $1,400 117d 1 0.26mi
1436 E Genesee St Unit 22 Syracuse, NY 3.0 1.0 $1,725 139d 1 0.26mi
1108 Madison St Apt 1W Syracuse, NY 3.0 1.0 $2,080 117d 1 0.28mi
1108 Madison St Unit 2 Syracuse, NY 3.0 1.5 1580 $2,080 $1.32 139d 1 0.28mi
1710 E Fayette St Unit 11 Syracuse, NY 3.0 1.0 $1,575 6d 1 0.28mi
131 Dell St Unit 133 DELL Syracuse, NY 4.0 1.0 853 $550 $0.64 6d 1 0.28mi
1407 E Fayette St Unit 1 Syracuse, NY 4.0 1.0 $2,100 139d 1 0.29mi
1414 E Genesee St Syracuse, NY 4.0 2.0 $2,600 6d 1 0.30mi
127 Comstock Pl Syracuse, NY 4.0 1.5 $2,600 6d 1 0.30mi
205 Comstock Ave Apt 4 Syracuse, NY 2.0 1.0 $1,600 6d 1 0.31mi
201 Comstock Ave Unit 1R Syracuse, NY 4.0 1.5 $2,500 139d 1 0.31mi
147 Cambridge St Syracuse, NY 4.0 1.5 $2,700 139d 1 0.32mi
147 Cambridge St Unit 2 Syracuse, NY 3.0 1.0 $2,100 139d 1 0.32mi

Property features AI

Finance

Financial info
Property contains 2 separate rental units with separate gas and electric metersUnit 1 rent: $900 (lease expires Jan 1, 2027)Unit 2 rent: $1,350 (lease expires Jan 31, 2027)Owner pays grounds care and water; rent includes gardener and waterOperating expenses include maintenance and structure (see remarks)

Exterior

Parking
Paved parking available5 garage spaces
Utilities
Public water connectedSewer connected
Home design
Two-story buildingResale propertyBrick and frame construction
Construction
Brick and frame constructionExisting (previously built)
Exterior features
Corner lot with irregular dimensions (56 x 91)

Interior

Kitchen
No kitchen appliance list provided
Bedrooms
Two 3-bedroom units (each unit has 3 bedrooms)
Flooring
HardwoodVaries
Bathrooms
Two full bathrooms (one in each unit)
Heating & cooling
Gas forced-air heating
Interior features
Hardwood and varying flooring throughoutFull basement
Laundry & utility
Gas water heater

Listing history 43 events

  1. 2026-09-24
    days on market $295,000 Active 37 DOM
  2. 2026-09-24
    days on market $295,000 Active 36 DOM
  3. 2026-09-22
    days on market $295,000 Active 35 DOM
  4. 2026-09-21
    days on market $295,000 Active 34 DOM
  5. 2026-09-20
    days on market $295,000 Active 33 DOM
  6. 2026-09-18
    days on market $295,000 Active 31 DOM
  7. 2026-09-17
    days on market $295,000 Active 30 DOM
  8. 2026-09-16
    days on market $295,000 Active 29 DOM
  9. 2026-09-15
    days on market $295,000 Active 28 DOM
  10. 2026-09-14
    days on market $295,000 Active 27 DOM
  11. 2026-09-13
    days on market $295,000 Active 26 DOM
  12. 2026-09-12
    days on market $295,000 Active 25 DOM
  13. 2026-09-11
    days on market $295,000 Active 24 DOM
  14. 2026-09-05
    days on market $295,000 Active 18 DOM
  15. 2026-09-04
    days on market $295,000 Active 17 DOM
  16. 2026-09-03
    days on market $295,000 Active 16 DOM
  17. 2026-08-31
    days on market $295,000 Active 13 DOM
  18. 2026-08-30
    days on market $295,000 Active 12 DOM
  19. 2026-08-29
    days on market $295,000 Active 11 DOM
  20. 2026-08-28
    days on market $295,000 Active 10 DOM
  21. 2026-08-27
    days on market $295,000 Active 9 DOM
  22. 2026-08-25
    days on market $295,000 Active 7 DOM
  23. 2026-08-24
    days on market $295,000 Active 6 DOM
  24. 2026-08-23
    days on market $295,000 Active 5 DOM
  25. 2026-08-22
    days on market $295,000 Active 4 DOM
  26. 2026-08-21
    days on market $295,000 Active 3 DOM
  27. 2026-08-20
    days on market $295,000 Active 2 DOM
  28. 2026-08-18
    remarks 680-char remark
  29. 2026-08-18
    pricestatusdays on marketlisting id $295,000 Active 1 DOM
  30. 2021-07-30
    historical
  31. 2021-06-22
    price $184,900
  32. 2021-06-03
    price $189,900
  33. 2021-05-07
    listed $194,900 Active
  34. 2021-02-25
    soldstatus $168,000 Closed Sale or Rented 534-char remark
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  35. 2021-02-25
    soldstatus $168,000
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  36. 2020-12-01
    status Pending Sale 534-char remark
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  37. 2020-11-16
    status Active 534-char remark
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  38. 2020-07-23
    status Under Contract- Do Not Show 534-char remark
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  39. 2020-07-17
    listed $179,900 Active 534-char remark
    Show marketing remark (534 chars)

    University property - Well maintained brick 2 family home near Syracuse University. 2 spacious 3 bedroom flats with parking for 5 cars, space for more. Front and back staircase, walk up attic storage. Newer roof was complete replacement. Newer electric, ceiling, laundry, stoves and Modern furnace. Great Location. Excellent as investment or for owner occupant. Close to campus- and just steps from Westcott Theater, shopping, services. Fully leased through 20-21 school year at $2320/mo plus utilities. A great return on your dollar.

  40. 2017-01-06
    soldstatus $153,000
  41. 2016-12-29
    soldstatus $166,000 Closed Sale or Rented
  42. 2016-11-08
    historical Under Contract- Do Not Show
  43. 2016-10-31
    listed $99,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

Current annual tax
$1,898 · $158/mo
Projected year-2 tax
$3,442 · $287/mo
Expected delta
+$1,544/yr (+$129/mo · 81.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$46,584
− Mortgage interest
−$16,525
− Property taxes
−$1,898
− Insurance
−$1,475
− Repairs & maintenance
−$3,727
− Management
−$3,727
− Depreciation
−$8,582
Taxable income
$10,651
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,556
After-tax cash flow
$12,308/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 2 photos

Fair 45/100 Moderate rehab Est. rehab $69,050–$124,290 screening

This multi-family home requires extensive repairs and updates to its exterior, interior, and systems. Significant improvements to the roof, siding, landscaping, and interior would greatly increase its value.

Repairs flagged

  • Major roof — Visible damage and potential leaks.
  • Major siding — Signs of wear and tear, with some areas appearing loose or damaged.
  • Major landscaping — Overgrown and needs trimming.
  • Major fencing — Broken or missing sections.
  • Major kitchen and bathrooms — Signs of wear and tear.
  • Major flooring — Signs of wear and tear.
  • Major interior walls and paint — Signs of wear and tear.
  • Major HVAC and mechanical systems — Signs of wear and tear.
  • Major foundation and structure — Signs of wear and tear.

Value-add opportunities

  • Both roof replacement — A new roof would significantly improve the home's appearance and functionality.
  • Both exterior painting and repairs — A fresh coat of paint and repairs to the siding and fencing would improve the home's curb appeal.
  • Both landscaping and fencing repairs — A well-maintained landscape and repaired fencing would enhance the home's curb appeal and increase its value.
  • Both kitchen and bathroom updates — Updating the kitchen and bathrooms would improve the home's functionality and increase its value.
  • Both flooring replacement — Replacing worn-out flooring would improve the home's functionality and increase its value.
  • Both interior painting and repairs — Painting and repairing interior walls would improve the home's functionality and increase its value.
  • Both HVAC and mechanical system upgrades — Upgrading the HVAC and mechanical systems would improve the home's functionality and increase its value.
  • Both foundation and structure repairs — Repairing the foundation and structure would improve the home's functionality and increase its value.

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 42/100

Zoned Schools

Elementary Edward Smith K-8 School F NY #1,816/2,108 Nat'l #29,575/41,679 Middle Expeditionary Learning Middle School F NY #611/729 Nat'l #10,474/14,009 High Nottingham High School A- NY #616/1,100 Nat'l #1,484/17,239

Schools (NCES district)

District
Syracuse City School District
NCES district ID
3628590
Math proficiency
18% ▼ -5.00%
Reading proficiency
26% ▬ 0.00%
Median HH income
$32,097
Composite
17.83/100
National rank
#9007
State rank
#590 of 590 in NY
B Composite livability gradescore 77/100

Livability — Syracuse

Score
77/100
State rank
#187
US rank
#2869

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Syracuse, NY
County
Onondaga County · 467,894 people
City population
152,627
Metro
Syracuse, NY
Population (ZIP)
19,803
Household income
$41,738
Rent vs Own
70.6% rent · 29.4% own
Severe rent burden
13% of renters

Population outlook (Onondaga County) Hauer SSP2

Today (2025)
467,894 people
By 2030
463,381 · -1.0%
By 2040
447,697 · -4.3%
By 2050
426,399 · -8.9%
By 2075
373,661 · -20.1%
By 2100
307,967 · -34.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.61)
Race & ethnicity
White 58% Black 18% Asian 9% Hispanic / Latino 9% Two or more races 8%
Hispanic origin (detail)
Puerto Rican 3%
Common ancestry
Romanian 3% Lithuanian 3% Italian 2%
Foreign-born
18% · China, Canada, South Korea
Languages at home
78% English-only · Chinese 5% Spanish 4% Other Indo-European 2%

Political lean MEDSL · Onondaga

2024 margin
D (+17.3) · D 58.6% · R 41.4%
2008→2024 swing
-3.0pp toward R · 2008: 20.3pp · 2024: 17.3pp
All cycles
2024: D+17.3 2020: D+20.6 2016: D+12.8 2012: D+21.1 2008: D+20.3

Not yet ingested

Civics

Price history

+198.0% since first listed
15 events — show timeline
  • 2026-08-18 Listed $295,000 CNYIS
  • 2021-07-30 Listing Removed CNYIS
  • 2021-06-22 Price Changed $184,900 CNYIS
  • 2021-06-03 Price Changed $189,900 CNYIS
  • 2021-05-07 Listed $194,900 CNYIS
  • 2021-02-25 Sold (Public Records) $168,000 Public Records
  • 2021-02-25 Sold (MLS) $168,000 CNYIS
  • 2020-12-01 Pending CNYIS
  • 2020-11-16 Relisted CNYIS
  • 2020-07-23 Pending CNYIS
  • 2020-07-17 Listed $179,900 CNYIS
  • 2017-01-06 Sold (Public Records) $153,000 Public Records
  • 2016-12-29 Sold (MLS) $166,000 CNYIS
  • 2016-11-08 Contingent CNYIS
  • 2016-10-31 Listed $99,000 CNYIS

Property tax history

+2.1%/yr

Latest (2025): $1,898 · -0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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