1880 Multi-Family Investment Opportunity in Syracuse, NY for $150,000

If you are looking for classic late-19th-century architecture combined with exceptional multi-family income potential, look no further than 1830 S Salina Street in Syracuse, New York.

Built in 1880, this historic multi-family residence offers a sprawling 2,504 square feet of total living space across three separate units. Listed on the market at an accessible $150,000, this property presents a fantastic opportunity for savvy investors or owner-occupants ready to unlock massive value in Onondaga County.

Constructed at the height of the Victorian era, this historic multi-family home greets residents with a charming enclosed front porch that adds functional living space and classic Syracuse street appeal.

Built with sturdy stone foundation work and traditional wood framing, the structure has stood the test of time while offering a flexible three-unit setup tailored for modern rental demand.

The building is currently configured into three distinct units totaling an impressive 8 bedrooms and 3 bathrooms. Unit 1 spans two levels, offering 4 bedrooms, 1 full bathroom, and a spacious dining room. Unit 2 is a cozy studio apartment with its own full bath, while Unit 3 provides 3 bedrooms, 1 full bathroom, an equipped kitchen, and a comfortable living room.

Additional features include full basement access for storage, low-maintenance vinyl and tile flooring in various rooms, and a paved off-street parking area providing ample space for multiple vehicles.

Located in the Brighton neighborhood of Syracuse, this property sits just minutes from downtown Syracuse, major area hospitals, and Syracuse University. Convenient access to public transportation and local schools makes this a perpetually high-demand rental location for students, hospital staff, and working professionals.

Multi-family historic investment properties priced below $200k are in fierce demand as investors chase strong cash-flow opportunities. At an incredible $60 per square foot, this property delivers massive square footage, a proven multi-unit layout, and fantastic upside potential.

Whether you are looking to expand your real estate portfolio with a cash-flowing multi-family asset or want to tackle an exciting historic investment project, 1830 S Salina Street offers unbeatable space, location, and value.

Property Details

  • 💵 Price: $150,000

  • 🏡 Type: Multi-Family Investment Property (3 Units)

  • 📐 Size: 2,504 Sq Ft

  • 🛏️ Bedrooms: 8 Total (Unit 1: 4 | Unit 2: Studio | Unit 3: 3)

  • 🛁 Bathrooms: 3 Full (1 per unit)

  • 🚗 Parking: Paved off-street parking area (2+ spaces)

  • 🪵 Features: Built in 1880, enclosed front porch, multi-level layouts, close to downtown Syracuse and universities

From Zillow

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