3 Bed | 1 Bath | Cape Cod | Tenant-Occupied Investment Property Located in the established Elmwood neighborhood on Syracuse’s South Side, this solid Cape Cod-style home offers immediate cash flow with long-term stability. This 3-bedroom, 1-bath property is currently occupied by a long-term tenant paying $1,200 per month, providing reliable income from day one. The layout offers functional living space, making it an attractive rental option in a consistently demanded area. Investment Highlights: ?? Performing asset with established long-term tenant ?? $1,200/month in-place rent ?? Stable South Side rental location ?? Strong addition to buy-and-hold portfolio ?? Low-maintenance Cape Cod design This property is part of a portfolio package sale and must be sold together with the following properties: - 120 Marvin Rd, Syracuse, NY 13207 S1663789 - 407 Grant Ave, Syracuse, NY 13207 S1663880 - 653 E Division St, Syracuse, NY 13208 S1663883 Ideal for investors looking to scale quickly with multiple performing units in solid rental corridors of Syracuse. Whether you’re expanding your local portfolio or entering the Syracuse market, this package provides diversification across multiple neighborhoods with in-place income.
Single-familyProperty Type
1931Year Built
5,564 sq ftLot Size
$70Price/Sq.Ft.
Listing by Zachary Johnson• Acropolis Realty Group LLC
Listing by Finger Lakes Sothebys Intl., (315) 685-9755
Around this home
Schools
K - 12
Preschool & daycare
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
About
Elmwood
Elmwood, located between West Genesee Street and Onondaga Creek, is a residential and park-adjacent Syracuse neighborhood with tree-lined blocks and a low-key, lived-in feel. The neighborhood’s character concentrates around the West Genesee Street corridor near the Rosamond Gifford Zoo, where traffic hums past small storefronts and civic destinations. Housing reads as early-20th-century Syracuse: compact colonials, tidy porches, and brick multifamilies mixed in. Elmwood Park and the creekside greenway set a daily rhythm of walks and bike rides. The Rosamond Gifford Zoo and Burnet Park’s stonework and overlooks act as local anchors. Downtown and the university area sit a short drive away, keeping commutes practical without changing the neighborhood’s quieter cadence.
Provided by Walk Score and Local Logic
Market insights
141 Marvin Rd · $90,000
DAYS ON MARKET
34 days
The average home goes pending in 15 days.
SALE-TO-LIST
105.3%
Most homes are selling 5% above list price.
LIST PRICE
$90,000
Median sale price in this area is $318,954. (254% higher than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Parking
Parking
Features: No Garage
Interior
Bedroom Information
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Room Information
# of Rooms (Total): 7
Room Types: Bedroom, Living Room, Office, Recreation, Bonus Room, Basement, Family Room
Has Basement
Basement Information: Full
Equipment
Appliances: Appliances Negotiable, Gas Water Heater
Interior Features
Other Features: Separate/Formal Living Room, Home Office, Other, See Remarks, Bedroom on Main Level
Exterior
Building Information
Stories (Total): 1
Year Built Details: Existing
Construction Details: Vinyl Siding
Exterior Features
Exterior Features: Blacktop Driveway
Lot Information
Lot Size Area: 0.1277
Lot Size Acres: 0.1277
Lot Size Dimensions: 45X123
Lot Features: Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Property Information
Foundation Details: Block
Resale
Financial
Assessments and Fees
Assessed Value: $54,000
Tax Information
Annual Tax Amount: $2,559
Utilities
Utility Information
Utilities: Sewer Connected, Water Connected
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Forced Air
Electricity and solar
View estimated energy costs and solar savings for this home
Home facts updated by county records on Sep 14, 2026
Sale and tax history for 141 Marvin Rd
Sale History
Tax History
Date
Event
Price
CNYIS #S1663767
Apr 1, 2026
Pending
—
Feb 25, 2026
Listed
$90,000
$70/sq ft
Public Records
Jul 29, 2021
Sold
$55,000
$43/sq ft
CNYIS #S1011330
Dec 19, 2016
Sold
$25,000
$19/sq ft
Nov 10, 2016
Pending
—
Nov 2, 2016
Listed
$32,900
$26/sq ft
Handyman special, great winter project! Being sold as-is
CNYIS #1604500
Dec 19, 2016
Sold
$25,000
$19/sq ft
Nov 10, 2016
Listing Removed
—
Nov 2, 2016
Listed
$32,900
$26/sq ft
Nice investment to work on through the winter. Much potential. Being sold as-is.
Public Records
Apr 27, 1995
Sold
$48,500
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,033 (−0.1%)
$7,700 + $46,300
$54,000
2024
$1,034 (−1.5%)
$7,700 + $46,300
$54,000
2023
$1,050 (−2.7%)
$7,700 + $46,300
$54,000
2022
$1,080 (+0.9%)
$7,700 + $46,300
$54,000
2021
$1,070 (+294.9%)
$7,700 + $46,300
$54,000
2020
$271 (−75.7%)
$7,700 + $46,300
$54,000
2019
$1,115 (+0.2%)
$7,700 + $46,300
$54,000
2018
$1,113 (−22.5%)
$7,700 + $46,300
$54,000
2017
$1,437 (+32.2%)
$7,700 + $46,300
$54,000
2016
$1,087 (+1.6%)
$7,700 + $46,300
$54,000
2015
$1,070 (−0.7%)
$7,700 + $46,300
$54,000
2014
$1,078
$7,700 + $46,300
$54,000
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1.7
Lot width
45 ft.
Lot depth
124 ft.
Lot size
5,564 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,286
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,286
Year built
1931
Style
Single Family Residential
County
Onondaga County
APN
311500A07300000250030000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 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
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
67
81
60
77
56
64
46
49
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 141 Marvin Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $30,000 and $150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $30K to $150K.