Property details
About 114 Freeman Ave
Available on the market for the first time in 40 years, this rare 10-unit portfolio in the heart of the Village of Solvay offers a unique blend of stability and upside for investors. Data in this description pertains to both 114 and 112 Freeman Avenue combined. Consisting of three structures: a 7-unit apartment building, a 2-family multi, and a single-family colonial—all contiguous and sharing off-street parking. Each of the 10 units has separate utilities and a varied mix of sizes (1 one-bedroom, six two-bedroom, two three-bedroom, and one four-bedroom stand-alone home), giving you multiple leasing and marketing strategies. Current rents are below market value, translating into a potential 13% pro forma cap rate—an exceptional value-add play. Located in a tight-knit, lakeside community just minutes from downtown Syracuse, Solvay boasts scenic outdoor amenities, small-town conveniences and attractions, and the benefit of locally controlled, low-cost utilities via municipality-owned Solvay Electric. With strong fundamentals, thoughtful upkeep, and long-term appreciation potential, this property presents a rare opportunity to acquire a performing asset with plenty of room to grow. The hands-on owner of this well-maintained package has 55 years of experience owning and managing over 100 units. He has decided to move on to new projects, presenting an excellent opportunity for the new owner.
Highlights
Virtual tour
Summary
- Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Varies, Vinyl
- Interior: Ceiling Fan(s), Cathedral Ceiling(s), Storage
- Total Bedroom Count: 10
- Parking: One Space, No Garage
- Exterior: Blacktop Driveway
- Heating: Zoned, Baseboard, Electric
- Cooling: Zoned, Ceiling Fan(s)
- List Price: $1,500,000
- Price/SqFt: $137
- Lot: Near Public Transit, Rectangular Lot
- Directions: Village of Solvay: Milton Ave to Freeman Ave.
- Year Built: 1910
- Stories: 2
- Living Area: 10,928 SqFt
- Lot Size: 0.1102 Acres
- MLS Number: S1615202
- MLS Name: NYS
- Office Name: Hunt Real Estate Era
- Office Phone: (315) 488-2926
- Listing Agent: Bill & Sharon Crocker
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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Last updated on: 7/25/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Solvay Elementary School
Public District KG-4
0.3 mi
•701 Woods Rd
3
Porter Elementary School
Public District PK-5
0.9 mi
•512 Emerson Ave
5
Cherry Road Elementary School
Public District 2-4
1.2 mi
•201 Cherry Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,832. The most common annual income of people living in Geddes, NY is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Continuing Education Courses
Horse Races
Where do the neighbors shop?
Forever 21
Express/Express For Men
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Volkswagen
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
Frequently asked questions
About 114 Freeman Ave
The listing price of 114 Freeman Ave property is $1,500,000.
The property 114 Freeman Ave is a house located in Geddes, New York, 13209.
Active Listing: 114 Freeman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 114 Freeman Ave are: Solvay Elementary School (GreatSchools Rating 4/10), Porter Elementary School (GreatSchools Rating 3/10), Cherry Road Elementary School (GreatSchools Rating 5/10), Frazer PK-8 School (GreatSchools Rating 2/10), Syracuse STEM at Blodgett Middle School (GreatSchools Rating 2/10), Chestnut Hill Middle School (GreatSchools Rating 4/10), Solvay High School (GreatSchools Rating 4/10), Syracuse Academy of Science Charter School (GreatSchools Rating 4/10), Public Service Leadership Academy at Fowler (GreatSchools Rating 2/10).
The property at 114 Freeman Ave has 10 bedrooms and 0 bathroom.
The property 114 Freeman Ave is 10,928 SqFt (source: MLS/tax record).
The year of construction for 114 Freeman Ave is 1910.
This home is located at 114 Freeman Ave in Geddes, NY and zip code 13209. This 10,928 square foot home, which was built in 1910, sits on a 0.11 acre lot. Features: 10 bedrooms, 0 bathroom. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $1,500,000.
Over 6 listings were sold over their listed price in June 2025 in Geddes, NY. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. Between May and June 2025, Geddes, NY real estate market has seen decrease in the number of listings by 6.5%. While the average time on the market in June 2025 was 2 days, the median list price was $228,490.