$205,000
PENDING

420 Schaffer Ave Syracuse, NY 13206

Estimated payment $1,667/month

Total Views 12,232
6 Beds
2 Baths
2,280 Sq Ft
$90 Price per Sq Ft

Highlights

  • Property is near public transit
  • Corner Lot
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • Baseboard Heating

About This Home

Welcome to 420 Schaffer Ave, a two-family property located in the Lyncourt area. Each unit features 3 bedrooms and 1 full bathroom, offering spacious layouts and hardwood floors throughout. This property is offers the opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a solid addition to their portfolio. Both units are currently tenant-occupied on a month-to-month basis, generating over $33,000 in gross annual rental income. The property includes a full basement for additional storage and off-street parking adds convenience for residents. Situated close to major highways, restaurants, shopping, and public transportation, this location offers strong rental demand and excellent accessibility. Within the East Syracuse Minoa (ESM) School District. Whether you're house hacking or expanding your rental holdings, 420 Schaffer Ave delivers long-term value in a high-demand market.

Listing Agent

Ryan Yamini

Listing by Hunt Real Estate ERA License #10301217122 Listed on: 05/02/2025

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1949

Lot Details

  • 7,280 Sq Ft Lot
  • Lot Dimensions are 91x80
  • Corner Lot
  • Irregular Lot

Home Design

  • Block Foundation
  • Aluminum Siding
  • Copper Plumbing

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 314889-070-000-0011-018-000-0000

Community Details

Overview

  • 2 Units
  • Syracuse Gardens Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1949
  • Lot Features: Corner Lot, Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Syracuse Gardens
  • Directions: Court Street to Arterial to Schaffer; 1 block off Teall
  • Flooring: Ceramic Tile, Hardwood, Resilient, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1671
  • Waterfront: No
  • Construction Type: Aluminum Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lyncourt

Lot Info

  • Parcel Number: 314889-070-000-0011-018-000-0000
  • Lot Dimensions: 91X80
  • Lot Size Sq Ft: 7280.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6369.0
  • Tax Lot: 18

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $4,699 $114,400 $16,000 $98,400
2023 $6,191 $114,400 $16,000 $98,400
2022 $5,929 $114,400 $16,000 $98,400
2021 $5,672 $104,000 $16,000 $88,000
2020 $5,318 $94,000 $16,000 $78,000
2019 $2,573 $94,000 $16,000 $78,000
2018 $5,375 $94,000 $16,000 $78,000
2017 $2,325 $94,000 $16,000 $78,000
2016 $5,380 $94,000 $16,000 $78,000
2015 -- $94,000 $16,000 $78,000
2014 -- $94,000 $16,000 $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $205,000 +121.6% $90 / Sq Ft
09/22/2014 09/22/14 Sold $92,500 +10189.2% $29 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $899 -- $0 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Deed $92,500 --
Deed $9,500 --
Deed $83,500 Francis E Hunt
Deed -- --
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Stand Alone Refi Refinance Of Original Loan
Closed $350,000 Stand Alone Refi Refinance Of Original Loan
Closed $19,695 Second Mortgage Made To Cover Down Payment
Closed $90,824 FHA
Source: Public Records

Similar Homes in Syracuse, NY

  • 616 Teall Ave, Syracuse, NY 13206

    $250,000

    • 5 Beds
    • 2 Baths
    • 2,056 Sq Ft
    • 616 Teall Ave
    • Syracuse, NY

    Location, location, location! This two family home with full basement and off street parking is incredibly convenient to shopping, schools and public transportation. Located in the highly desirable Eastwood area, you don't want to miss this home. The upstairs apartment features 4 bedrooms, a bright sunny living room with 3 season enclosed porch and an eat in kitchen. The first floor apartment is

    Stacey Kelso-O'Connor Howard Hanna Real Estate

    Section Image
  • 1605 Park St, Syracuse, NY 13208

    $169,900

    • 7 Beds
    • 2 Baths
    • 2,112 Sq Ft
    • 1605 Park St
    • Syracuse, NY

    Spacious 2-family with 3-bedroom on the first floor and 4-bedroom on the second unit. Open porch, new floorings, updated kitchens, bathrooms, furnaces and hot water heaters are all in good working condition. Separate utilities and each unit pays their own. Property is in good shape and ready for new tenants to move in. Solid investment opportunity!

    Susan Li Coldwell Banker Prime Prop,Inc

    Section Image
  • 313 Liberty St, Syracuse, NY 13204

    $236,500

    • 7 Beds
    • 4 Baths
    • 7,123 Sq Ft
    • 313 Liberty St
    • Syracuse, NY

    Stunning Spanish influenced Hacienda features tile roof and this beautiful spacious home has the character and charm of Meditterean villa. This 4-unit home features one 1-bedroom, 3 two-bedroom. House has many updates and currently 100% occupancy. Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty

    Susan Li Coldwell Banker Prime Prop,Inc

    Section Image
  • 220 Lakeview Ave, Syracuse, NY 13204

    $225,000

    • 4 Beds
    • 2 Baths
    • 2,818 Sq Ft
    • 220 Lakeview Ave
    • Syracuse, NY

    Looking for an investment opportunity in the city of Syracuse? 220 Lakeview Ave is a turn=key duplex that's the PERFECT starter or addition to your portfolio! This property includes a parking lot for convenient tenant parking! Exterior includes new siding, windows & metal roof all done within the past four years! The entire interior has been remolded with new flooring, lighting & paint

    Ryan Millard Coldwell Banker Prime Prop,Inc

    Section Image
  • 111-13 Cody Ave, Syracuse, NY 13204

    $249,900

    • 4 Beds
    • 2 Baths
    • 2,184 Sq Ft
    • 111-13 Cody Ave
    • Syracuse, NY

    RARE OPPORTUNITY TO PURCHASE A 2 FAMILY HOME ON CODY AVE IN TIPP HILL. LONG TERM TENANTS. BOTH UNITS ARE 2 BEDROOMS, LIVING ROOM, DINING ROOM, MODERN KITCHENS AND BATHROMS, OFF STREET PARK. SELLER REQUESTS THAT ALL SHOWINGS SHOULD TAKE PLACE ON MONDAY JUNE 2ND FROM 3:00PM - 6:00PM SO AS NOT TO INCONVENIENCE THE TENANTS. OFFER DEADLINE SET FOR NOON FRIDAY JUNE 6TH.

    Adrian Nugent Berkshire Hathaway CNY Realty

    Section Image
  • 342 W Newell St Unit 44, Syracuse, NY 13205

    $184,900

    • 4 Beds
    • 2 Baths
    • 2,364 Sq Ft
    • 342 W Newell St
    • Unit 44
    • Syracuse, NY

    Welcome to this exceptional two-family property, offering a turnkey investment opportunity or the perfect setup for an owner-occupant. With all the big-ticket items already taken care of, you can move in with peace of mind. The exterior features newer vinyl siding, energy-efficient vinyl windows, and a recently replaced roof—major updates that add value and long-term durability.Inside,

    Teddy Lewandowski Hunt Real Estate ERA

    Section Image
  • 411 Hazelhurst Ave, Syracuse, NY 13206

    $195,000

    • 5 Beds
    • 2 Baths
    • 2,144 Sq Ft
    • 411 Hazelhurst Ave
    • Syracuse, NY

    Turnkey 2-Family Investment Opportunity! Located on a corner lot, this multi-unit property offers strong rental income andlong-term upside. The first-floor unit features 3 bedrooms, 1 full bath, and a comfortable layout. The second-floor unitincludes 2 bedrooms and 1 full bath, perfect for additional income or owner-occupant flexibility. Tenants are responsiblefor all utilities except water,

    Ryan Yamini Hunt Real Estate ERA

    Section Image
  • 262 North Ave, Syracuse, NY 13206

    $219,900

    • 6 Beds
    • 3 Baths
    • 2,043 Sq Ft
    • 262 North Ave
    • Syracuse, NY

    Triplex located in the Eastwood Neighborhood. Unit 1 has 2 bedrooms. Unit 2 has 1 bedroom. Unit 3 has 3 bedrooms. Unit 1 & 2 share electrical. Each unit has its own gas meter and furnace for heating. Brand new roof in 2008.

    Dante Belmonte Hunt Real Estate ERA

    Section Image
  • 117 Peck Ave, Syracuse, NY 13206

    $159,900

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 117 Peck Ave
    • Syracuse, NY

    EXCELLENT SWEAT EQUITY OPPORTUNITY ! Off street parking low maintenance vinyl siding minutes to downtown Eastwood shopping Rt. 690 Rt 81 busline on James St. property being sold "as-is" Eastate sale

    Terrence Quigg Hunt Real Estate ERA

    Section Image
See All Homes in Syracuse

Source: Central New York Information Services

MLS Number: S1602905

Central New York Information Services

APN: 314889-070-000-0011-018-000-0000

New York Onondaga County Syracuse 13206

420 Schaffer Ave, Syracuse, NY

This home is located at 420 Schaffer Ave, Syracuse, NY 13206 and is currently priced at $205,000, approximately $89 per square foot. This property was built in 1949. 420 Schaffer Ave is a home located in Onondaga County with nearby schools including Lyncourt School and Blessed Sacrament School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central New York Information Services The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: 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 Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes
Ryan Yamini
Listing Agent
Ryan Yamini
Section Image
Hunt Real Estate ERA
(315) 812-3399