3 Bed | 1 Bath | Cape Cod | Tenant-Occupied Investment Property Located in the established Elmwood neighborhood, this solid Cape Cod-style investment property offers immediate rental income and long-term stability for investors seeking performing assets in Syracuse’s active rental market. This 3-bedroom, 1-bath home is currently occupied by a long-term tenant paying $1,500 per month, providing reliable cash flow from day one. The property features a roof approximately 4 years old, helping reduce near-term capital expenses and adding to the overall value of this turnkey investment. Investment Highlights: ?? Long-term tenant in place paying $1,500/month ?? Newer roof (approx. 4 years old) ?? Stable rental location in Elmwood neighborhood ?? Strong cash-flowing asset for buy-and-hold investors ?? Classic Cape Cod layout with consistent rental demand This property is part of a portfolio package sale and must be sold together with: 141 Marvin Rd, Syracuse, NY 13207 S1663767 407 Grant Ave, Syracuse, NY 13207 S1663880 653 E Division St, Syracuse, NY 13208 S1663883 Perfect for investors looking to scale quickly with multiple income-producing properties across Syracuse. Portfolio provides diversified locations with existing rental income already in place.
Single-familyProperty Type
1935Year Built
5,522 sq ftLot Size
$69Price/Sq.Ft.
Listing by Zachary Johnson• Acropolis Realty Group LLC
•315-396-0493 (broker)
•sfcase@gmail.com (broker)
Bought with Zachary Johnson• Acropolis Realty Group LLC
Est. $1,497 per month, based on comparable rentals
Sale and tax history for 120 Marvin Rd
Sale History
Tax History
Date
Event
Price
CNYIS #S1663789
Jul 9, 2026
Sold
$85,000
$69/sq ft
Apr 1, 2026
Pending
—
Feb 25, 2026
Listed
$90,000
$73/sq ft
Public Records
Jul 29, 2021
Sold
$60,000
$49/sq ft
CNYIS #S344760
Feb 12, 2016
Sold
$22,000
$18/sq ft
Jan 26, 2016
Contingent
—
Jan 8, 2016
Price Changed
$28,900
$24/sq ft
Dec 18, 2015
Price Changed
$31,900
$26/sq ft
Nov 18, 2015
Listed
$35,000
$29/sq ft
Valley area 2 story needs your tlc. spacious rooms, deep yard
Public Records
Jan 31, 2005
Sold
$30,000
$24/sq ft
Public Records
Sep 17, 2002
Sold
$59,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,123
$7,700 + $55,100
$62,800
2025
$1,123 (−0.4%)
$7,700 + $55,100
$62,800
2024
$1,128 (−1.7%)
$7,700 + $55,100
$62,800
2023
$1,148 (−2.9%)
$7,700 + $55,100
$62,800
2022
$1,182 (+1.2%)
$7,700 + $55,100
$62,800
2021
$1,167 (+294.2%)
$7,700 + $55,100
$62,800
2020
$296 (−75.8%)
$7,700 + $55,100
$62,800
2019
$1,223
$7,700 + $55,100
$62,800
2018
$1,223 (−26.8%)
$7,700 + $55,100
$62,800
2017
$1,671 (+39.6%)
$7,700 + $55,100
$62,800
2016
$1,197 (+1.7%)
$7,700 + $55,100
$62,800
2015
$1,177 (−0.8%)
$7,700 + $55,100
$62,800
2014
$1,186
$7,700 + $55,100
$62,800
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1.7
Lot width
40 ft.
Lot depth
138 ft.
Lot size
5,522 Sq. Ft.
Year renovated
—
Sq. Ft.
1,228
Year built
1935
Style
Single Family Residential
County
Onondaga County
APN
311500A07300000260230000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R1
Single-Unit Residential Zone District
The R1 Zone District is established to provide for residential neighborhoods made up of primarily detached, single-unit homes with green space, street trees, front porches and sidewalks. Complementary uses such as parks, open space, schools, assemblies, minor utilities, and accessory dwelling units and accessory structures may also be allowed.
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Infrastructure
Educational / school
Fire house
Police station
Recreation
Communications tower
Park & open space
Property details
Parking
Parking
Features: No Garage
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 7
Room Types: Laundry, Living Room, Office, Other, Recreation, Basement, Family Room
Has Basement
Basement Information: Full
Laundry Information
Features: In Basement
Equipment
Appliances: Appliances Negotiable, Gas Water Heater
Interior Features
Flooring: Hardwood, Varies, Vinyl
Other Features: Separate/Formal Living Room, Home Office, Other, See Remarks
Exterior
Building Information
Stories (Total): 1
Year Built Details: Existing
Construction Details: Aluminum Siding
Exterior Features
Exterior Features: Blacktop Driveway
Lot Information
Lot Size Area: 0.1268
Lot Size Acres: 0.1268
Lot Size Dimensions: 40X138
Lot Features: Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Property Information
Foundation Details: Block
Resale
Financial
Assessments and Fees
Assessed Value: $62,800
Tax Information
Annual Tax Amount: $2,898
Utilities
Utility Information
Utilities: Sewer Connected, Water Connected
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Forced Air
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,228
Stories: 1.7
Lot Size: 5,522 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: —
County: Onondaga County
APN: 311500A07300000260230000000
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Van Duyn Elementary School
Public PreK-5 • Assigned • 0.5mi
2/10
Clary Middle School
Public 6-8 • Assigned • 1.2mi
2/10
Corcoran High School
Public 9-12 • Assigned • 0.8mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
1/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Syracuse, NY • 13207
Average low and high temperatures (°F)
30
20
33
20
51
32
61
41
67
49
80
62
85
66
81
60
76
54
64
46
49
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$153,000 – $185,000
Sell confidently with a local market expert in Syracuse.