Excellent investment opportunity on Syracuse’s West Side with strong income potential and owner-occupant flexibility. This well-maintained duplex features two spacious 3-bedroom, 1-bath units with separate utilities — a key advantage for reducing landlord expenses. The first-floor unit has been recently renovated and is move-in ready, while the second-floor unit is tenant occupied, offering immediate rental income. With only one unit currently leased, this is an ideal setup for an investor looking to live in one unit while renting the other, or for a full lease-up to maximize returns. The property boasts hardwood floors, generous room sizes, and a clean, well-kept interior throughout. A large detached garage provides additional value for storage and the spacious yard adds outdoor appeal for tenants or future improvements. Projected gross annual rent exceeds $25,000 when fully occupied, making this a solid cash-flowing asset in a growing rental market.
For sale
Price cut: $4.9K (6/11)
$175,000
221 Grace St, Syracuse, NY 13204
6beds
1,862sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Spacious yardLarge detached garageClean well-kept interiorHardwood floorsGenerous room sizes
- 62 days
- on Zillow |
- 964 |
- 63 |
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 11:29am
Listing by:
Hunt Real Estate ERA 315-699-3200,
Ryan Yamini 315-699-3200,
Zach Oneill 315-699-3200,
Hunt Real Estate ERA
Source: NYSAMLSs,MLS#: S1604093
Originating MLS: Syracuse

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Resilient, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,862
- Total interior livable area: 1,862 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Paved, Two or More Spaces
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony, Fence
- Fencing: Partial
Lot
- Size: 1.36 Acres
- Dimensions: 50 x 132
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 31150009200000090020000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Composite Siding, Copper Plumbing
- Foundation: Stone
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $45,000
- Annual tax amount: $1,854
- Date on market: 5/13/2025
- Listing terms: Cash,Conventional
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