$1,500,000
Original price: $1,450,000
- 10 Beds
- 10,928 sqft
114 Freeman Ave, Syracuse, NY 13209
Est. Mortgage $10,385/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1910
$137/sqft
Local Information
-- mins to
About this House
Available on the market for the first time in 40 years, this rare 10-unit portfolio in the heart of the Village of Solvay offers a unique blend of stability and upside for investors. Data in this description pertains to both 114 and 112 Freeman Avenue combined. Consisting of three structures: a 7-unit apartment building, a 2-family multi, and a single-family colonial—all contiguous and sharing off-street parking. Each of the 10 units has separate utilities and a varied mix of sizes (1 one-bedroom, six two-bedroom, two three-bedroom, and one four-bedroom stand-alone home), giving you multiple leasing and marketing strategies. Current rents are below market value, translating into a potential 13% pro forma cap rate—an exceptional value-add play. Located in a tight-knit, lakeside community just minutes from downtown Syracuse, Solvay boasts scenic outdoor amenities, small-town conveniences and attractions, and the benefit of locally controlled, low-cost utilities via municipality-owned Solvay Electric. With strong fundamentals, thoughtful upkeep, and long-term appreciation potential, this property presents a rare opportunity to acquire a performing asset with plenty of room to grow. The hands-on owner of this well-maintained package has 55 years of experience owning and managing over 100 units. He has decided to move on to new projects, presenting an excellent opportunity for the new owner.
Last check for updates: about 22 hours ago
Listing by: Hunt Real Estate Era, (315) 488-2926
Bill & Sharon Crocker, (315) 488-2926
Originating MLS: Syracuse
Source: NYSAMLSs, MLS#S1680169

Also Listed on NYSAMLSs, HUNT ERA Real Estate.
Home Details for 114 Freeman Ave
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MLS Status: Active |
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Interior Details Basement: Full,Partially Finished |
Beds & Baths Number of Bedrooms: 10 |
Dimensions and Layout Living Area: 10928 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, RefrigeratorDishwasherLaundry: Common Area,Coin-operatedRefrigerator |
Heating & Cooling Heating: Zoned,Baseboard,ElectricAir Conditioning: ZonedHas HeatingHeating Fuel: Zoned |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: Thermal WindowsFlooring: Carpet, Hardwood, Varies, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies, Vinyl |
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Exterior Home Features Roof: AsphaltExterior: Blacktop Driveway |
Parking & Garage No GarageParking: One Space,No Garage |
Frontage Road Frontage: City Street, Main ThoroughfareNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 298Days on Market: 123 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick, Frame, Other, Vinyl Siding, Copper Plumbing |
Property Information Condition: ResaleParcel Number: 31320101000000060080000000 |
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Price List Price: $1,500,000Price Per Sqft: $137 |
Status Change & Dates Possession Timing: Closing |
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Direction & Address City: GeddesCommunity: Village Of Solvay |
School Information Elementary School: Solvay ElementaryElementary School District: SolvayJr High / Middle School: Solvay MiddleJr High / Middle School District: SolvayHigh School: Solvay HighHigh School District: Solvay |
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Listing Agent Listing ID: S1680169 |
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Building Area Building Area: 10928 Square Feet |
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Community Features: Laundry Facilities, Other, Storage Facilities, See RemarksNot Senior Community |
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Association for this Listing: Syracuse |
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Lot Area: 4800.312 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Energy Efficiency Features: Appliances, Lighting, Windows |
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Expense Tenant Pays: All Utilities |
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BasementMls Number: S1680169Living Area Range Units: Square FeetUniversal Property Id: US-36067-N-31320101000000060080000000-R-N |
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Laundry FacilitiesOtherStorage FacilitiesSee Remarks |
Around this home
What Locals Say about Solvay
At least 46 Trulia users voted on each feature.
81 % Say it's dog friendly
80 % Say car is needed
80 % Say yards are well-kept
78 % Say kids play outside
76 % Say there's wildlife
72 % Say there's holiday spirit
72 % Say parking is easy
71 % Say there are sidewalks
69 % Say streets are well-lit
66 % Say people would walk alone at night
62 % Say it's quiet
55 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
48 % Say it's walkable to grocery stores
45 % Say it's walkable to restaurants
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Syracuse
Last updated July 2026
Avg. sale price
$211K
$6.7KMoM
Sale-to-List Price
102.8%
1.4%MoM
Price per sq ft
$153
$4MoM
Available listings
340
5MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $125,000 | 09/26/25 | 5 | 2 | 2,068 | |
0.17 | Multi-Family Home | $235,000 | 11/13/25 | 5 | 2 | 2,079 | |
0.17 | Multi-Family Home | $172,000 | 07/24/26 | 4 | 2 | 1,916 | |
0.34 | Multi-Family Home | $460,000 | 12/23/25 | 6 | - | 5,868 | |
0.30 | Multi-Family Home | $170,000 | 03/06/26 | 6 | 2 | 1,872 | |
0.29 | Multi-Family Home | $351,950 | 09/19/25 | 6 | 2.5 | 3,296 | |
0.31 | Multi-Family Home | $125,000 | 07/21/26 | 4 | 2 | 1,426 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $187,000 | 4 | 2 | 1,672 | Off Market | |
0.06 | $154,470 | 3 | 1.5 | 1,368 | Recently Sold | |
0.08 | $228,100 | 7 | 2.5 | 2,688 | Off Market | |
0.07 | $192,300 | 6 | 2 | 2,136 | Off Market | |
0.10 | $270,200 | 4 | 4 | 3,822 | Off Market | |
0.08 | $134,400 | 5 | 2 | 2,068 | Off Market | |
0.09 | $480,400 | 8 | 6 | 4,200 | Off Market | |
0.12 | $155,000 | 5 | 2 | 1,669 | Off Market | |
0.09 | $104,100 | 3 | 1.5 | 1,356 | Off Market | |
0.12 | $174,900 | 8 | 2 | 2,294 | For Sale | |
0.11 | $220,000 | 5 | 3 | 1,944 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Jun 2, 2026 Source: NYSAMLSs #S1680169 | PriceChange | $1,500,000 Price increased by 3% |
May 8, 2026 Source: NYSAMLSs #S1680169 | Listed For Sale | $1,450,000 |
May 1, 2026 Source: HUNT ERA Real Estate #S1656385 | ListingRemoved | $1,450,000 |
Jan 4, 2026 Source: NYSAMLSs #S1656385 | Listed For Sale | $1,450,000 |
Jan 1, 2026 Source: HUNT ERA Real Estate #S1615202 | ListingRemoved | $1,450,000 |
Dec 12, 2025 Source: NYSAMLSs #S1615202 | PriceChange | $1,450,000 Price decreased by 3% |
Jul 3, 2025 Source: NYSAMLSs #S1615202 | Listed For Sale | $1,500,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Bill & Sharon Crocker, Hunt Real Estate Era, (315) 488-2926
Agent Phone: (315) 488-2926

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the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-09-07 16:35:37 PDT.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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Frequently asked questions about 114 Freeman Ave
- What is the estimated monthly payment for 114 Freeman Ave?Based on a $1,500,000 list price with 20% down at today's rates, the estimated monthly payment for 114 Freeman Ave in Syracuse, NY is approximately $10,583 (about $7,783 principal & interest, $2,725 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 114 Freeman Ave compare to homes in Syracuse?114 Freeman Ave in Syracuse, NY is listed at $1,500,000, about 612% above the $211K median sale price in Syracuse.
- What do residents say about the Solvay neighborhood?Residents describe the Solvay neighborhood in Syracuse, NY as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Solvay, Syracuse.
- What are the closest schools to 114 Freeman Ave?The closest schools to 114 Freeman Ave in Syracuse, NY are Solvay Elementary School (rated 3/10), Solvay High School (rated 6/10), Solvay Middle School (Pre-K/Elementary, rated 4/10).
- Does 114 Freeman Ave have laundry facilities?Yes, 114 Freeman Ave in Syracuse, NY has laundry facilities.
- Is there a virtual tour of 114 Freeman Ave?Yes, a virtual tour of 114 Freeman Ave in Syracuse, NY is available.

