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  • $215,000

    500 1/2 Lyell Ave, Rochester, NY 14606

    6beds
    3,732sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $216,900 Zestimate®
    $58/sqft
    $1,256 Estimated rent
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    Home value

    $216,900

    $200,000 - $234,000

    $1,256/mo

    Zestimate® history
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    $1,256/mo

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    $1,341/mo

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    $1,341/mo

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    What's special

    Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants. Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready. A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one. Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!

    Zillow last checked: 8 hours ago

    Listing updated: November 14, 2025 at 11:29am

    Listed by:

    Jeremy V. Havens 585-507-9325,

    Elysian Homes by Mark Siwiec and Associates

    Bought with:

    Corin LaTorre, 10401381243

    Upstate Prestige Properties

    Source: NYSAMLSs,MLS#: R1602684MLS LogoOriginating MLS: Rochester

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Baseboard
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Luxury Vinyl, Tile, Varies
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,732
    • Total interior livable area: 3,732 sqft

    Property

    Parking
    • Parking features: Paved, Parking Available
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,719 sqft
    • Dimensions: 34 x 168
    • Features: Near Public Transit, Rectangular, Rectangular Lot
    Details
    • Parcel number: 26140010565000010600000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Copper Plumbing, PEX Plumbing
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Myrtle Hill Subn

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    11/13/2025Sold$215,000-6.1%$58/sqft
    Source: NYSAMLSs #R1602684
    10/16/2025Contingent$229,000$61/sqft
    Source: NYSAMLSs #R1602684
    6/3/2025Pending sale$229,000$61/sqft
    Source: NYSAMLSs #R1602684
    5/7/2025Listed for sale$229,000$61/sqft
    Source: NYSAMLSs #R1602684

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lyell-Otis

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Rochester

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.