$364,900
$10K PRICE DROP

Estimated payment $2,251/month

Total Views 6,186
6 Beds
4 Baths
4,293 Sq Ft
$85 Price per Sq Ft

Highlights

  • Wood Flooring
  • Rectangular Lot
  • 4-minute walk to Spirit of Jubilee Park
  • Forced Air Heating System
  • Wood Siding

About This Home

BACK ON MARKET!!! BUYER FAILED TO PERFORM.

Welcome to 905 Tallman Street, a fully occupied 4-unit multifamily investment in the heart of Syracuse’s rapidly growing Southwest neighborhood. Generating $5,890 per month in gross rental income, this turnkey property offers strong, stable cash flow with all tenants on annual leases signed as of June 2025. Even better—all utilities are included in rent, providing simplicity for tenants and strong appeal in today’s competitive rental market.

Each of the four units has been tastefully updated for comfort and durability, featuring refreshed interiors, modern finishes, and layouts designed for easy living. Close proximity to local conveniences, public transit, shopping, and downtown Syracuse.

Located just minutes from major employers, Upstate University Hospital, Syracuse University, and the upcoming I-81 reconstruction corridor, this property sits in a high-demand area. Syracuse continues to rank as one of New York’s most promising real estate markets—offering high yields and low vacancy rates.

Whether you are a seasoned investor or looking to grow your portfolio with a reliable income-producing property, 905 Tallman St offers a good blend of current cash flow to a new owner.

Listing Agent

Michael Jarvi

Listing by The O'Hara Group License #10401373657 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1920

Lot Details

  • 4,620 Sq Ft Lot
  • Lot Dimensions are 35x132
  • Rectangular Lot

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 4,293 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 311500-093-000-0012-006-000-0000

Community Details

Overview

  • 4 Units
  • Palmer Tract Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,332

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1920
  • Lot Features: Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Subdivision Name: Palmer Tract
  • Flooring: Hardwood, Laminate, Luxury Vinyl, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1061
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-093-000-0012-006-000-0000
  • Lot Dimensions: 35X132
  • Lot Size Sq Ft: 4620.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3332.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $364,900 0.0% $85 / Sq Ft
08/12/2025 08/12/25 For Sale $364,900 -2.7% $85 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $374,900 -- $87 / Sq Ft
Source: Central New York Information Services

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Source: Central New York Information Services

MLS Number: S1615501

Central New York Information Services