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About this home
Discover an exceptional investment or owner occupant opportunity at 122 Reed Avenue, Syracuse, NY 13207. This multi-family property in the desirable Strathmore/West Side area features separate utilities (2 gas and 2 electric meters), classic hardwood detailing, off-street parking, and solid income-generating potential. Separate electric (2) and gas (2) meters for easy tenant utility management. Bright apartment layouts featuring classic hardwood floors and spacious living/dining. Situated in the 13207 area near Bellevue Avenue, with access to local parks, shopping plazas, and downtown Syracuse. Both apartments are tenant-occupied, which is already generating Cash Flow. 48 hours notice is required as both tenants work.
Multi-familyProperty Type
1915Year Built
5,280 sq ftLot Size
$80Price/Sq.Ft.
2 car garageParking
Listing by Mary Saunders• Howard Hanna Real Estate
Listing by Berkshire Hathaway CNY Realty, (315) 218-1480
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Around this home
Schools
K - 12
Preschool & daycare
Bellevue Elementary School
Public PreK-5 • Assigned • 0.4mi
1/10
SYRACUSE STEM AT BLODGETT
Public 6-8 • Assigned • 1.2mi
2/10
Corcoran High School
Public 9-12 • Assigned • 1.1mi
1/10
Provided by GreatSchools
About
Strathmore
Strathmore, located between Onondaga Park and Brighton Avenue, is a residential and historic Syracuse neighborhood with curving hillside streets and a park-edge setting. The neighborhood’s character concentrates around the Strathmore Drive and West Colvin Street corridor, where porch-lined blocks meet leafy park approaches and a quieter, lived-in rhythm. Early-20th-century Tudors, Colonials, and brick apartment buildings define the streetscape, with stone walls and mature trees shaping the views. Onondaga Park’s trails and fields set an outdoors-forward backdrop. Nearby, the Rosamond Gifford Zoo and the historic Burnet Park Golf Course add weekend-scale landmarks. A short drive north, the Landmark Theatre and the Everson Museum of Art extend the cultural orbit.
Provided by Walk Score and Local Logic
Offer insights
122 Reed Ave #24 · $207,000
$207K and above
75% chance or better to win
Why $207K+ is a strong offer
DAYS ON MARKET
35 days
The average home goes pending in 26 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Finished full basement
Attic
Bedrooms
6 bedrooms total, 3 in each unit
Bathrooms
2 full bathrooms total, 1 in each unit
Kitchen
Oven/range and refrigerator in each unit
Dining area in each unit
Formal dining room in each unit
Laundry & utility
In-unit laundry in one unit
Gas water heater
Flooring
Ceramic tile, hardwood, and varied flooring
Heating & cooling
Gas forced-air heating and stove
Exterior features
Porch
Home design
Two stories
Parking
Two-car garage
Concrete, paved parking
Construction
Vinyl siding
Utilities
Connected public water
Connected sewer
Financial info
Two units
Two separate gas meters
Two separate electric meters
Operating expenses include electricity, fuel, structural maintenance, rent, utilities, and water/sewer
Water included in rent
Electricity and solar
View estimated energy costs and solar savings for this home
Great rental history with this solid-performing 2-family property and fully occupied property with month-to-month tenants. Enormous potential for increased cashflow. Also great for owner occupants - let the rent pay your mortgage! Apt. #2 hot water tank was replaced in 2024. The front porch was rehabbed in 2022. Apt. #2 bathroom was rehabbed in 2024. Existing roof was installed in 2013. This property features a spacious backyard, off-street parking, and large apartments (1,200+ sq. ft. ). INVESTOR ALERT: build an instant portfolio by purchasing this property as a package with 309 Woodruff Avenue (MLS #S1523994) and 273 N. Collingwood (MLS #S1523993)
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
132 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Onondaga County
APN
311500-088-000-0004-009-000-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Sep 20, 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
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
1% 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
63
45
49
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Syracuse. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 122 Reed Ave #24
$198,659
$8,341 under list price of $207K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $280K.