114 Freeman Ave, Syracuse, NY 13209
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Property image
FOR SALE
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$1,500,000

Original price: $1,450,000
  • 10 Beds
  • 10,928 sqft

114 Freeman Ave, Syracuse, NY 13209

Solvay
Est. Mortgage $10,385/mo*
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Home Highlights

Multi-Family
Built in 1910
$137/sqft

Local Information

  • Map ViewExplore the area around 114 Freeman Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Home Details for 114 Freeman Ave

Active Status

MLS Status: Active

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 298Days on Market: 123

Property Information

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

Price & Status

Price
List Price: $1,500,000Price Per Sqft: $137
Status Change & Dates
Possession Timing: Closing

Location

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

Agent Information

Listing Agent
Listing ID: S1680169

Building

Building Area
Building Area: 10928 Square Feet

Community

Community Features: Laundry Facilities, Other, Storage Facilities, See RemarksNot Senior Community

HOA

Association for this Listing: Syracuse

Lot Information

Lot Area: 4800.312 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Appliances, Lighting, Windows

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: S1680169Living Area Range Units: Square FeetUniversal Property Id: US-36067-N-31320101000000060080000000-R-N

Additional Information

Laundry FacilitiesOtherStorage FacilitiesSee Remarks

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Jean K.
    "There use to be a community pool in the summer located behind the high school- that has since closed down. Now neighbors exchange ring cam footage and express their concerns about fellow neighbors and the neighborhood children. "
  • Kgerace333
    "When we moved here 10 years ago I was pleasantly surprised. Let my kids walk to public pool, friends homes, etc. Going downhill fast. WAS a great school district. "
  • Fadden26
    "There are some fantastic places in Solvay, but the area near China Town furniture is becoming a bit loud and disorderly. "
  • Alexandrea E. B.
    "The neighborhood is clean, the people are nice and its pretty quiet for the most part. I definitely recommend this neighborhood to anyone who is trying to find a new home."
  • Darek G.
    "its private here in my area. nice and quiet. wooded aeoind so cant hear any traffic. neighbours are nice."
  • Brian S
    "I grew up in Solvay. It's a great community. It was always a small village where most people knew each other. Solvay also has their own electric grid so electric is cheaper. "
  • Amy D.
    "Easy commute to work and shopping centers within close proximity "
  • Amy D.
    "Short driving commute, public transportation/bus access is good. Not bike-friendly for transportation."
  • Tanya M
    "I have lived here for 7 years. Solvay is nice because it has all the conveniences of the city, but has the feel of a village. It also has very cheap utilities!"
  • squibbie97
    "Very quite, Parks are close by, near fire dept and police dept."
  • hdunham
    "My husband and I live on Williams St. It's fine for us but it isn't a street we would want to raise kids on, we plan on staying about 8 months total. Nothing terrible has happened, but there are a lot of questionable kids running around. They do stupid things that don't really harm anything, like steal the emblem off our crappy car and say questionable things when you walk by. It's fine to sleep here, but I'm not running to hang out with anyone. It's close to the school, there's a cute polish restaurant within walking distance, the library is a block away, but there's also a factory nearby that you can always smell. I guess any place comes with its pros and cons but we have had better."
  • Jade4953
    "Revival of the perfect family neighborhood. Beautiful homes, meticulously maintained and mixture of vintage and modern."
  • Judi L.
    "I've lived in Solvay all my life. Great family friendly area with low taxes and low electric costs. Wonderful place to live"

Market trends in Syracuse

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$211K
$6.7K
MoM
Sale-to-List Price
102.8%
1.4%
MoM
Price per sq ft
$153
$4
MoM
Available listings
340
5
MoM

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

DateEventPrice
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

LGBTQ Local Legal Protections

Bill & Sharon Crocker, Hunt Real Estate Era, (315) 488-2926
Agent Phone: (315) 488-2926
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with 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. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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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.
114 Freeman Ave, Syracuse, NY 13209 is a 10 bedroom, 10,928 sqft multi-family built in 1910. 114 Freeman Ave is located in Solvay, Syracuse. This property is currently available for sale and was listed by NYSAMLSs on May 8, 2026. The MLS # for this home is MLS# S1680169.