Susan Li
Coldwell Banker Prime Prop,Inc
(315) 640-3446
192 Total Sales
4 in University
$290K - $380K Price Range
866 Lancaster Ave Syracuse, NY 13210
University Neighborhood
5
Beds
--
Bath
5,440
Sq Ft
5,280
Sq Ft Lot
Highlights
- Deck
- Furnished
- Garage
- Wood Flooring
- Forced Air Heating System
- Laundry Facilities
About This Home
As of September 2025Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood.
Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.
Last Agent to Sell the Property
Listing by eXp Realty Brokerage Phone: 888-276-0630 License #10301216408 Listed on: 04/01/2025
Last Buyer's Agent
Listing by eXp Realty Brokerage Phone: 888-276-0630 License #10301216408 Listed on: 04/01/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,605
Year Built
- Built in 1920
Lot Details
- 5,280 Sq Ft Lot
- Lot Dimensions are 40x132
- Rectangular Lot
Home Design
- Wood Siding
Interior Spaces
- 5 Bedrooms
- 5,440 Sq Ft Home
- 3-Story Property
- Furnished
- Partially Finished Basement
Flooring
- Wood
- Laminate
Parking
- Garage
- Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 5 Units
- Laundry Facilities
- 1 Separate Gas Meter
Listing and Financial Details
- Rent includes common area maintenance, electricity, heat, hot water, parking, snow removal, water
- Tax Lot 19
- Assessor Parcel Number 311500-052-000-0005-019-000-0000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University, NY
-
Susan Li
-
Jeff Roney
Jeff Roney
Keller Williams Syracuse
(914) 743-8748
83 Total Sales
4 in University
$245K - $275K Price Range
-
Evelyn Emerson
Evelyn Emerson
Responds QuicklyHoward Hanna Real Estate
(315) 640-4115
110 Total Sales
2 in University
$205,000 Price Range
-
Robert Zaccaria
Robert Zaccaria
Finger Lakes Sothebys Intl.
(315) 409-7253
94 Total Sales
4 in University
$253K - $340K Price Range
-
Chip Hodgkins
Chip Hodgkins
Hunt Real Estate ERA
(680) 220-4529
332 Total Sales
4 in University
$251K - $400K Price Range
-
Maureen Dessein
Maureen Dessein
Responds QuicklyBerkshire Hathaway CNY Realty
(680) 202-2565
53 Total Sales
8 in University
$240K - $545K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Sold | $560,000 | -6.7% | $103 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $599,900 | -3.2% | $110 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $619,900 | -- | $114 / Sq Ft |
Source: Central New York Information Services
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,918 | $325,000 | $15,300 | $309,700 |
| 2024 | $5,186 | $325,000 | $15,300 | $309,700 |
| 2023 | $5,300 | $325,000 | $15,300 | $309,700 |
| 2022 | $4,261 | $225,000 | $15,300 | $209,700 |
| 2021 | $4,261 | $225,000 | $15,300 | $209,700 |
| 2020 | $3,845 | $225,000 | $15,300 | $209,700 |
| 2019 | $8,791 | $175,000 | $15,300 | $159,700 |
| 2018 | $4,166 | $175,000 | $15,300 | $159,700 |
| 2017 | -- | $175,000 | $15,300 | $159,700 |
| 2016 | $4,046 | $175,000 | $15,300 | $159,700 |
| 2015 | -- | $175,000 | $15,300 | $159,700 |
| 2014 | -- | $175,000 | $15,300 | $159,700 |
Source: Public Records
Agents Affiliated with this Home
-
Esmir Omerovic
Seller's Agent in 2025
Esmir Omerovic
eXp Realty
(315) 350-7884
5 in this area
190 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1596254
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