CCertihomes
905 Tallman Street, Syracuse, NY 13204

$364,900

6 beds 4 baths 4,293 sqft Built 192021 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,461/mo

Real estate (PITI + HOA + PMI)
$3,263
Principal + interest$2,341
Property tax + insurance$785
PMI / 2nd mortgage$137
Utilities
$2,480
Heating + cooling$1,087
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$4,461/mo TLC
Budget$5,000/mo
Remaining after TLC$539/mo
Purchase price
$364,900
Down payment
$18,245 (5%)
Loan amount
$346,655
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1920
Lot size
0.1061 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,332
MLS #
S1615501
County
Onondaga

At a glance

Basement

Home features

Appliances
GasWaterHeater
Parking
Paved
Flooring
Hardwood, Laminate, LuxuryVinyl, Varies, Vinyl
Sewer
Connected

Lot features

Rectangular, RectangularLot

Neighborhood — 13204

MetricThis ZIPCountyUSA
Population20,53819,351,094299,088,112
Population Change Since1990-15.00%8.00%20.00%
Population Density4,027395
Male9,8059,381,926147,432,321
Female10,7339,969,168151,655,844
Never Married6,7784,946,39163,775,926
Married4,5407,166,701123,120,365
Separated1,1251,159,67312,639,686
Widowed1,2591,110,24515,467,586
Divorced1,8841,210,44823,075,029
Number Of House Hold8,4377,102,016111,826,380
Average House Hold Size2.412.642.60
Medial Age30.0036.5335.46
Median House Hold Income$25,867$49,847$48,276
Average House Hold Income$34,236$70,032$63,629
P C I$14,466$26,569$24,529
M D I$23,761$42,210$41,133
A T H E$34,408$54,185$50,898
S T R8.00%4.00%
W C J76.52%81.55%77.74%
(Zip) Code
13204

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 6/19/2025. Provided courtesy of The O'Hara Group via Buffalo MLS. Information deemed reliable but not guaranteed.