905-07 Tallman Street, Syracuse, NY 13204

$320,000
6
BD
4
BA
4,293
SqFt

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Sold Price
$320,000
List Price
$364,900
Status
CLOSED
MLS#
S1615501
Closing Date
Oct 29, 2025
Year Built
1920
Stories
2
Bedrooms
6
Bathrooms
4
Acres
0.11
Living Area
4,293
Subdivision
Palmer Tract
Region
Syracuse City
Neighborhood
Palmer Tract

Property Description

BACK ON MARKET!!! BUYER FAILED TO PERFORM. Welcome to 905 Tallman Street, a fully occupied 4-unit multifamily investment in the heart of Syracuse’s rapidly growing Southwest neighborhood. Generating $5,890 per month in gross rental income, this turnkey property offers strong, stable cash flow with all tenants on annual leases signed as of June 2025. Even better—all utilities are included in rent, providing simplicity for tenants and strong appeal in today’s competitive rental market. Each of the four units has been tastefully updated for comfort and durability, featuring refreshed interiors, modern finishes, and layouts designed for easy living. Close proximity to local conveniences, public transit, shopping, and downtown Syracuse. Located just minutes from major employers, Upstate University Hospital, Syracuse University, and the upcoming I-81 reconstruction corridor, this property sits in a high-demand area. Syracuse continues to rank as one of New York’s most promising real estate markets—offering high yields and low vacancy rates. Whether you are a seasoned investor or looking to grow your portfolio with a reliable income-producing property, 905 Tallman St offers a good blend of current cash flow to a new owner.

Additional Information

Taxes
$3,332
School District
Syracuse
Water
Connected, Public
Sewer
Connected

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Listing courtesy of The O'Hara Group. Contact:

Selling Office: The O'Hara Group.