414 Garfield Ave Syracuse, NY 13205
Southside NeighborhoodEstimated payment $1,270/month
Highlights
- Property is near public transit
- Corner Lot
- Wood Siding
- Wood Flooring
- Forced Air Heating System
About This Home
Discover this high-potential investment opportunity in Syracuse’s Brighton neighborhood with this four-unit multifamily property, ideal for investors looking to add value and build long-term returns. Each unit offers 2 bedrooms and 1 full bath, providing an attractive layout for strong rental demand. Two units remain in good, livable condition, while the other two require renovation due to damage from an exterior fire—creating significant upside potential. Currently, one unit is rented, with three units vacant and ready for updates or new tenants once repairs are complete creating a potential for units to rent comfortably at $1600 a month each! Due to the condition of the property, cash offers only will be considered. Conveniently located half a mile from the university neighborhood, just outside of SU, this property is close to local amenities, parks, and major roadways, presenting a rare chance to unlock excellent value in the Syracuse market. This is your chance to build sweat equity and have a producing cash cow!
Listing Agent
Listing by Skinner & Assoc. Realty LLC License #10491205007 Listed on: 12/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,066
Year Built
- Built in 1900
Lot Details
- 5,345 Sq Ft Lot
- Lot Dimensions are 44x121
- Corner Lot
- Irregular Lot
Parking
- Paved Parking
Home Design
- Quadruplex
- Wood Siding
- Shake Siding
Interior Spaces
- 5,427 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 311500-084-000-0016-007-000-0000
Community Details
Overview
- 4 Units
- Davis Subdivision
Building Details
- 4 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,746 | $35,000 | $10,200 | $24,800 |
| 2023 | $1,739 | $35,000 | $10,200 | $24,800 |
| 2022 | $1,797 | $35,000 | $10,200 | $24,800 |
| 2021 | $1,797 | $35,000 | $10,200 | $24,800 |
| 2020 | $1,789 | $35,000 | $10,200 | $24,800 |
| 2019 | $1,764 | $35,000 | $10,200 | $24,800 |
| 2018 | $1,764 | $35,000 | $10,200 | $24,800 |
| 2017 | $1,671 | $35,000 | $10,200 | $24,800 |
| 2016 | $1,681 | $35,000 | $10,200 | $24,800 |
| 2015 | -- | $35,000 | $10,200 | $24,800 |
| 2014 | -- | $35,000 | $10,200 | $24,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | Pending | -- | -- | -- | |
| 12/05/2025 12/05/25 | For Sale | $159,900 | +23.0% | $29 / Sq Ft | |
| 10/18/2024 10/18/24 | Sold | $130,000 | +85.7% | $24 / Sq Ft | View Prior Sale |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- | |
| 08/10/2024 08/10/24 | For Sale | $70,000 | -30.0% | $13 / Sq Ft | |
| 03/09/2020 03/09/20 | Sold | $100,000 | 0.0% | $18 / Sq Ft | View Prior Sale |
| 03/09/2020 03/09/20 | Pending | -- | -- | -- | |
| 03/09/2020 03/09/20 | For Sale | $100,000 | -- | $18 / Sq Ft |
Source: Central New York Information Services
MLS Number: S1653531
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