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Back 219 Lakeview Avenue
Off Market

219 Lakeview Avenue

Syracuse NY 13204

4
2
2864 sq. ft.
4356 sq. ft.
Multi-Family
Last sold for $38,000
Zachary JohnsonZachary Johnson, last sold this property on 28 May 2026 after 70 days on market.

Overview

Value-Add Multifamily | Conversion Opportunity | 2,800 SF Exceptional opportunity to acquire a 2,800 sq/ft duplex with significant upside potential in the City of Syracuse. Formerly configured as a 4-unit property, this asset presents a prime value-add play for investors looking to maximize cash flow through reconfiguration and renovation. Currently set up as a 2-unit property, the building is underutilized with only 2 bedrooms total, but offers a clear path to restore or reconfigure into a 4-unit layout or optimize into two large 4-bedroom units. Investment Highlights 2,800 sq/ft duplex (former 4-unit) Strong value-add / repositioning opportunity Separate gas & electric meters Low taxes Ability to convert back to 4 units or optimize layout Projected market rent of ~$3,700/month as two 4-bed units Ideal for BRRRR, flip, or long-term hold strategy Value-Add Potential With the right renovation plan, this property can be transformed into a high-performing asset. Whether restoring the original 4-unit configuration or creating larger, high-rent units, investors have multiple exit strategies. Condition Full renovation required Perfect for experienced investors or contractors looking to force appreciation Location Conveniently located on Lakeview Ave with close proximity to downtown Syracuse, major employers, and transportation corridors—supporting strong rental demand. Summary: A rare chance to unlock hidden value in a large multifamily footprint. With proper execution, this property has the potential to deliver strong cash flow and long-term equity growth

Features

4 bedrooms
2 bathrooms
2864 sq. ft. floor area
4356 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Syracuse over the last 12 months, the estimated median property value of 219 Lakeview Avenue is $170k.

Median value
$170k
Estimated value range
$25k - $286k
Median days on market
10
Estimated value trend
56%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Syracuse. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 219 Lakeview Avenue

2026
Sold
$38,000
28 May 2026 by Zachary Johnson, of ACROPOLIS REALTY GROUP LLC - Syracuse
2026
Sold
$25,000
17 Feb 2026 by Derek Greene, of The Greene Realty Group
2023
Sold
$24,900
26 Oct 2023 by Stephen Schmitt, of Hunt Real Estate Era

Happy sellers in Syracuse

~%

We have insufficient information to provide an overview of customer satisfaction for Syracuse. Viewing the agent profiles, reviews and sales for Syracuse can provide insights for this location.

Local market activity for 4 bedroom multi families in Syracuse

In the last 12 months, 14 four-bedroom multi families similar to 219 Lakeview Avenue, have been sold.

This represents a 24% increase in four-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Syracuse

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Jeremy Allen

Jeremy Allen is a recommended agent for Syracuse.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (15 reviews)
  •  1 Review in Syracuse
  •  4 Sales in Syracuse
View profile
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Xiao Linda Messerschmidt

Xiao Linda Messerschmidt is a recommended agent for Syracuse.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Syracuse
  •  3 Sales in Syracuse
View profile
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Demetrius Blake

Demetrius Blake is a recommended agent for Syracuse.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (14 reviews)
  •  1 Review in Syracuse
  •  1 Sale in Syracuse
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Lori Ann Harrington

Lori Ann Harrington is an award winning recommended agent for Syracuse.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (7 reviews)
  •  1 Review in Syracuse
  •  1 Sale in Syracuse
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