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$299,900

506 Valley Dr Unit 8 Syracuse, NY 13207

6 beds
4 full
5,872 sqft
0.2 acres
$51 / sqft
Multi-Family

Property details

About 506 Valley Dr Unit 8

An exceptional investment opportunity with this amazing four-unit apartment building, perfectly suited for savvy investors or owner-occupants seeking steady rental income. This meticulously maintained property features two spacious two-bedroom units and two cozy one-bedroom units, each with separate gas and electric meters, separate furnaces, hot water heaters & electric breaker panels allowing tenants to pay their own utilities to minimize owner expenses. The building boasts numerous modern upgrades, including several brand-new furnaces, several new hot water tanks, a new service cable entry line, and new PEX plumbing lines, ensuring efficiency, safety, and durability. Each apartment has had some level of remodel with contemporary finishes, updated kitchens, refreshed bathrooms, making this turnkey property a cash-flowing gem with strong rental potential—schedule a viewing today!

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
Size5,872 sqft
BasementYes
Lot size0.2453 Acres
Year built1920
ParkingPaved, Two or More Spaces
MLS #S1625800
Garage4 spaces

Virtual tour

Summary

  • Full Bathrooms: 4
  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Luxury Vinyl, Varies
  • Total Bedroom Count: 6
  • Garage Space: 4 spaces
  • Parking: Paved, Two or More Spaces
  • Architectural Style: Fourplex
  • Heating: Natural Gas, Forced Air
  • List Price: $299,900
  • Price/SqFt: $51
  • Lot: Rectangular Lot
  • Year Built: 1920
  • Stories: 2
  • Living Area: 5,872 SqFt
  • Lot Size: 0.2453 Acres
  • MLS Number: S1625800
  • MLS Name: NYS
  • Office Name: Hunt Real Estate ERA
  • Office Phone: (315) 682-7197
  • Listing Agent: Dante Belmonte

IDXThe 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
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/28/2025, 6:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Syracuse Academy of Science and Citizenship Charter School

Public Charter KG-5

0.2 mi

301 Valley Dr

1

Van Duyn Elementary School

Public District PK-5

0.5 mi

401 Loomis Ave

2

McKinley-Brighton Elementary School

Public District PK-5

0.8 mi

141 W Newell St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,053. The majority of Syracuse, NY residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

62%
<35k
29%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
30%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • MazdaMazda
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 Valley Dr Unit 8

The listing price of 506 Valley Dr Unit 8 property is $299,900.

The property 506 Valley Dr Unit 8 is a multi located in Syracuse, New York, 13207.

Active Listing: 506 Valley Dr Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 506 Valley Dr Unit 8 are: Syracuse Academy of Science and Citizenship Charter School (GreatSchools Rating 3/10), Van Duyn Elementary School (GreatSchools Rating 1/10), McKinley-Brighton Elementary School (GreatSchools Rating 2/10), Southside Academy Charter School (GreatSchools Rating 3/10), Brighton Academy (GreatSchools Rating 2/10), Roberts PK-8 School (GreatSchools Rating 3/10), Corcoran High School (GreatSchools Rating 1/10), Institute of Technology at Syracuse Central (GreatSchools Rating 3/10), Public Service Leadership Academy at Fowler (GreatSchools Rating 2/10).

The property 506 Valley Dr Unit 8 is 5,872 SqFt (source: MLS/tax record).

The year of construction for 506 Valley Dr Unit 8 is 1920.

This home is located at 506 Valley Dr Unit 8 in Syracuse, NY and zip code 13207 in the Southside Syracuse neighborhood. This 5,872 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $299,900.

Over 87 listings were sold over their listed price in June 2025 in Syracuse, NY. In the same period over 31 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Syracuse, NY decreased by 1.6% between May and June 2025. Listings spent 17 days on the market in June 2025, and had a median list price of $197,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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