318 E Division Street Syracuse, NY $ 400,000
318 E Division Street
$ 400,000
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318 E Division Street

Syracuse, NY, 13208
$ 400,000
Bedrooms4 Baths0.0 Sq 6,366

Monthly Estimate*

$ 2,463

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Single Family Home for sale in Syracuse, NY

for $400,000 with 4 bedrooms. This 6,366 square foot home was built in 1940 on a lot size of 0.075.

5-Unit Mixed-Use | 11% Cap Rate | Priced for Immediate Equity Excellent opportunity to acquire a 5-unit mixed-use investment in Syracuse featuring 4 residential apartments and 1 commercial storefront. This asset is being offered at an 11% cap rate and is priced aggressively at $400,000 for a quick sale—despite a December appraisal of $540,000, creating $140,000 in instant equity! Property Highlights: 5 total units: 4 residential + 1 commercial Strong income profile with stable tenancy Current Certificate of Compliance Only 1 unit currently vacant Vacant unit can be leased prior to closing if the buyer prefers a fully stabilized asset Appraised at $540,000 (Dec.) – asking just $400,000 11% cap rate at offering price Ideal for cash investors This property is well-suited for investors seeking high yield, mixed-use diversification, and immediate upside through lease-up or long-term hold. Flexible closing options and lease-up coordination available.

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Single Family Active

Price

$ 400,000

Bedrooms

4

Property Type

Single Family

Taxes

$ 5,743

Style

Lot Size

0.075

Year Built

1940

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1658880

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Appliances AppliancesNegotiable GasWaterHeater
Garage Spaces 0.0
Construction Materials Brick
School District Syracuse
Year Built 1940
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Other
County Onondaga
Property Type MultiFamily
Garage Y/N No
Rent Includes Water
Status Active
City Syracuse
Senior Community Y/N No
High School District Syracuse
Number Of Units Total 5
MLS Area Syracuse City-311500
Lot Size Units Acres
Lot Size Square Feet 3267.0
Year Built Details Existing
Tax Annual Amount 5743.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1658880 https://www.propertypanorama.com/instaview-tour/syr/S1658880
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 90000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
Property Sub Type Additional Other
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Interior
Basement Full
Flooring Carpet Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features None NoDriveway NoGarage
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.075
Building Area Total 6366.0
Lot Dimensions 33X99
Lot Size Acres 0.075
Waterfront Y/N No
Road Frontage Type CityStreet
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Internal Only
Street Number 1 318
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* Excluded Features
List By
Acropolis Realty Group Llc

Broker

(315) 396-0493

Phone

Affordability Calculator

$2,941
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$400,000 Listed Price

Map


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318 E Division Street, Syracuse, NY, 13208 is a Single Family Home for sale at $400,000 with 6,366 sqft and a lot size of 0.075. 318 E Division Street has 4 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 13208 which is in Syracuse, NY