509 Turtle St Syracuse, NY 13208
Washington Square NeighborhoodEstimated payment $1,921/month
Highlights
- 0.42 Acre Lot
- Forced Air Heating System
- Rectangular Lot
- Property is near public transit
- 1 Car Garage
- Carpet
About This Home
This is the high cashflow money-maker you’ve been waiting for! This turnkey 4-unit on the Northside of Syracuse offers nearly $50k annual gross potential income and double-digit returns. Invest with peace of mind knowing the roof was replaced in 2012, 3 furnaces are new in the last 7-8 years, and the property just passed the city-required lead testing. Utilities are separately metered so tenants pay their own gas and electricity. Apartments are spacious and have been updated over the years with new kitchens, bathrooms, flooring, and fresh paint throughout. Two apartments are rented to long-term tenants and the other two are being left vacant for the new owner to rent or occupy themselves. The property also includes off-street parking and a detached garage which the owner can use for storage or additional income.
Listing Agent
Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 02/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,096
Year Built
- Built in 1940
Lot Details
- 18,216 Sq Ft Lot
- Lot Dimensions are 92x198
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Quadruplex
- Stone Foundation
- Frame Construction
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 5,643 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 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
- Gas Water Heater
- Cable TV Available
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 311500-002-000-0022-013-000-0000
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 | $2,387 | $95,000 | $24,600 | $70,400 |
| 2023 | $2,406 | $95,000 | $24,600 | $70,400 |
| 2022 | $2,464 | $95,000 | $24,600 | $70,400 |
| 2021 | $2,464 | $95,000 | $24,600 | $70,400 |
| 2020 | $2,341 | $95,000 | $24,600 | $70,400 |
| 2019 | $2,323 | $80,000 | $24,600 | $55,400 |
| 2018 | $2,323 | $80,000 | $24,600 | $55,400 |
| 2017 | $2,217 | $80,000 | $24,600 | $55,400 |
| 2016 | $2,241 | $80,000 | $24,600 | $55,400 |
| 2015 | -- | $80,000 | $24,600 | $55,400 |
| 2014 | -- | $80,000 | $24,600 | $55,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | Price Changed | $279,900 | -3.4% | $50 / Sq Ft | |
| 02/12/2026 02/12/26 | For Sale | $289,900 | +70.5% | $51 / Sq Ft | |
| 07/28/2021 07/28/21 | Sold | $170,000 | -5.5% | $30 / Sq Ft | View Prior Sale |
| 04/29/2021 04/29/21 | Pending | -- | -- | -- | |
| 04/22/2021 04/22/21 | For Sale | $179,900 | +43.9% | $32 / Sq Ft | |
| 01/24/2019 01/24/19 | Sold | $125,000 | -3.8% | $22 / Sq Ft | View Prior Sale |
| 01/22/2019 01/22/19 | Pending | -- | -- | -- | |
| 01/17/2019 01/17/19 | For Sale | $130,000 | +30.0% | $23 / Sq Ft | |
| 03/29/2018 03/29/18 | Sold | $100,000 | +0.1% | $18 / Sq Ft | View Prior Sale |
| 12/10/2017 12/10/17 | Pending | -- | -- | -- | |
| 12/05/2017 12/05/17 | For Sale | $99,900 | 0.0% | $18 / Sq Ft | |
| 01/08/2014 01/08/14 | Rented | $625 | 0.0% | -- | |
| 12/18/2013 12/18/13 | Under Contract | -- | -- | -- | |
| 12/02/2013 12/02/13 | For Rent | $625 | 0.0% | -- | |
| 05/24/2012 05/24/12 | Sold | $38,000 | -35.6% | $10 / Sq Ft | View Prior Sale |
| 03/14/2012 03/14/12 | Pending | -- | -- | -- | |
| 09/28/2011 09/28/11 | For Sale | $59,000 | -- | $16 / Sq Ft |
Source: Central New York Information Services
MLS Number: S1661906
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