$1,100,000
About this home
Welcome to 317 W Fayette Street, a prime mixed-use investment opportunity in the heart of Armory Square, one of Syracuse’s most vibrant and walkable neighborhoods. This well-maintained property features a commercial storefront and two smaller office spaces on the first floor, with two beautifully finished apartments on the second level; a 1-bedroom/1-bath unit and a spacious 2-bedroom/2-bath unit. All three main spaces are currently leased, offering immediate cash flow. The ground level provides flexibility for a variety of professional or retail uses. Located just steps from downtown dining, shopping, nightlife, and public transportation, this property offers strong occupancy and long-term investment potential. Over $250, 000 in recent upgrades include plumbing, electrical, basement support beams, a sprinkler system addition, new fire alarm system, three newer boilers, a new HVAC system for the first floor, refinished stairs and hallway flooring, and an AC unit on the second floor currently being replaced. A turnkey asset with strong rental income and significant capital improvements already completed.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $7,356
- Utilities
- $2,058
- Transportation
- $0
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 13202
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 6,714 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -7.00% | 8.00% | 20.00% |
| Population Density | 6,431 | 395 | — |
| Male | 3,555 | 9,381,926 | 147,432,321 |
| Female | 3,159 | 9,969,168 | 151,655,844 |
| Never Married | 2,945 | 4,946,391 | 63,775,926 |
| Married | 566 | 7,166,701 | 123,120,365 |
| Separated | 657 | 1,159,673 | 12,639,686 |
| Widowed | 337 | 1,110,245 | 15,467,586 |
| Divorced | 716 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 2,896 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 1.97 | 2.64 | 2.60 |
| Medial Age | 27.77 | 36.53 | 35.46 |
| Median House Hold Income | $11,810 | $49,847 | $48,276 |
| Average House Hold Income | $24,332 | $70,032 | $63,629 |
| P C I | $15,823 | $26,569 | $24,529 |
| M D I | $10,804 | $42,210 | $41,133 |
| A T H E | $28,497 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 84.84% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 6/30/2025. Provided courtesy of Keller Williams Syracuse via Buffalo MLS. Information deemed reliable but not guaranteed.