Tour
$4,572 Closing Credit¹
#S1581902, Chip Hodgkins, Listing Office: Hunt Real Estate ERA
$619,900 List price
866 Lancaster Ave Syracuse, NY 13210
$7,361
Closing credit¹
5 beds
5,440 sqft
0.1 acres
$114 / sqft
House
Property details
About 866 Lancaster Ave
Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood! Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.
Highlights
Home typeOther
HeatingNatural Gas, Forced Air
StatusActive
Size5,440 sqft
BasementYes
Lot size0.1212 Acres
Year built1920
ParkingOne Space, Garage
MLS #S1596254
Virtual tour
Summary
- MLS Number: S1596254
- MLS Name: NYS
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
- Listing Agent: Esmir Omerovic
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
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: 4/4/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$619,900
866 Lancaster Ave
$7,361
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
STEAM at Dr. King Elementary School
Public District PK-5
1.1 mi
•416 E Raynor Ave
4
Dr. Weeks Elementary School
Public District PK-5
1.5 mi
•710 Hawley Ave
6
Tecumseh Elementary School
Public District KG-4
1.6 mi
•901 Nottingham 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 $15,109. Most Syracuse, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
68%
<35k
27%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
90%
Single, No Kids
1%
Single, with Kids
6%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
0%
12-17 yrs old
91%
18-34 yrs old
3%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Forever 21
Banana Republic
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Qdoba
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 866 Lancaster Ave
This home is located at 866 Lancaster Ave in Syracuse, NY and zip code 13210 in the Eastside neighborhood. This 5,440 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 5 bedrooms, 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $619,900.
Syracuse, NY housing market in March 2025 saw over 70 listings sold above listed price, more than 15 sold at listed price and over 47 sold below. The number of homes for sale in Syracuse, NY decreased by 2.3% between February and March 2025. While the average time on the market in March 2025 was 27 days, the median list price was $190,000.
From Rocket Homes Real Estate and based on county public records data.