This charming Lansing multifamily has been fully renovated and optimized for short- and mid-term rental, and had a gross income of $126,708 in 2025. This STR operation is entirely turnkey, from listings to advertising to management and cleaning. Guests love the proximity to Myer's Park and the convenience of shopping and restaurants. The main unit has a fireplace, bright and airy layout, a fully updated kitchen with bar seating and open dining area, and covered raised deck. The lower unit has a second luxurious fireplace, a walkout covered patio, truly open kitchen and living space, and cozy bedrooms. Both units are furnished down to the silverware in mid-century modern style, with custom lighting and fixtures. The house is a legal three-unit, but is currently utilizing two. Contact agent for OM and financial information- this one is performing at an actual 12% cap rate!
Active
$635,000
163 Ridge Rd, Lansing, NY 14882
6beds
2,832sqft
Triplex, Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$224/sqft
$-- HOA
What's special
Cozy bedroomsCovered raised deckWalkout covered patioBright and airy layoutOpen dining areaCustom lighting and fixtures
- 29 days |
- 613 |
- 28 |
Zillow last checked:
Listing updated:
Listing by:
Yaman Commercial Industrial 607-753-9644,
Stephanie Jacobson 607.753.9644
Source: NYSAMLSs,MLS#: S1677371
Originating MLS: Cortland
Originating MLS: CortlandTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ductless, Gas, Baseboard, Hot Water
Cooling
- Ductless
Appliances
- Included: Gas Water Heater
Features
- Sliding Glass Door(s), Sauna
- Flooring: Hardwood, Laminate, Tile, Varies
- Doors: Sliding Doors
- Number of fireplaces: 2
Interior area
- Total structure area: 2,832
- Total interior livable area: 2,832 sqft
- Finished area below ground: 1,416
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage, Gravel, Paved, Two or More Spaces
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Deck, Patio
- Exterior features: Balcony, Deck, Patio, Private Yard, See Remarks
Lot
- Size: 0.77 Acres
- Dimensions: 168 x 249
- Features: Irregular Lot, Other, See Remarks
Details
- Parcel number: 50328903500000010020000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Poured, Slab
- Roof: Asphalt,Metal
Condition
- Resale
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Subdivision: Ridge Road Sec 35
Location
- Region: Lansing
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $325,000
- Annual tax amount: $7,984
- Date on market: 4/28/2026
- Listing terms: Cash,Other,See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $635,000-3.8%$224/sqft |
Source:  NYSAMLSs #S1677371 Report a problem | ||
| 12/15/2025 | Listing removed | $660,000$233/sqft |
Source: NYSAMLSs #S1643660 Report a problem | ||
| 10/8/2025 | Listed for sale | $660,000+121.3%$233/sqft |
Source: NYSAMLSs #S1643660 Report a problem | ||
| 7/29/2022 | Sold | $298,300-5.3%$105/sqft |
Source: NYSAMLSs #IB406347 Report a problem | ||
| 5/19/2022 | Pending sale | $315,000$111/sqft |
Source:  ITMLS #406347 Report a problem | ||
| 5/3/2022 | Contingent | $315,000$111/sqft |
Source: ITMLS #406347 Report a problem | ||
| 4/5/2022 | Listed for sale | $315,000-1.3%$111/sqft |
Source: ITMLS #406347 Report a problem | ||
| 4/4/2022 | Listing removed | -- |
Source: NYSAMLSs #S1386865 Report a problem | ||
| 2/14/2022 | Price change | $319,000-1.8%$113/sqft |
Source: ITMLS #405838 Report a problem | ||
| 1/3/2022 | Listed for sale | $325,000-1.5%$115/sqft |
Source: ITMLS #405838 Report a problem | ||
| 12/22/2021 | Listing removed | -- |
Source: ITMLS #405360 Report a problem | ||
| 11/10/2021 | Price change | $330,000-1.5%$117/sqft |
Source: ITMLS #405360 Report a problem | ||
| 10/14/2021 | Listed for sale | $335,000+58.8%$118/sqft |
Source: ITMLS #405360 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/7/2018 | Listing removed | $2,450$1/sqft |
Source: Owner Report a problem | ||
| 2/26/2018 | Listed for rent | $2,450$1/sqft |
Source: Owner Report a problem | ||
| 2/23/2018 | Sold | $210,960-8.2%$74/sqft |
Source: NYSAMLSs #IB311455 Report a problem | ||
| 12/19/2017 | Pending sale | $229,900$81/sqft |
Source: WARREN REAL ESTATE #311455 Report a problem | ||
| 9/22/2017 | Listed for sale | $229,900+40.2%$81/sqft |
Source: WARREN REAL ESTATE #311455 Report a problem | ||
| 7/14/2004 | Sold | $164,000+60%$58/sqft |
Source: Public Record Report a problem | ||
| 2/2/1998 | Sold | $102,500$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $325,000 |
| 2024 | -- | $325,000 +8.3% |
| 2023 | -- | $300,000 +35.7% |
| 2022 | -- | $221,000 +5.2% |
| 2021 | -- | $210,000 +5.3% |
| 2020 | -- | $199,500 |
| 2019 | -- | $199,500 |
| 2018 | -- | $199,500 |
| 2017 | $2,370 | $199,500 |
| 2016 | -- | $199,500 +5% |
| 2015 | -- | $190,000 |
| 2014 | -- | $190,000 |
| 2013 | -- | $190,000 |
| 2012 | -- | $190,000 |
| 2011 | -- | $190,000 |
| 2010 | -- | $190,000 |
| 2009 | -- | $190,000 |
| 2008 | -- | $190,000 +15.2% |
| 2007 | -- | $165,000 |
| 2006 | -- | $165,000 |
| 2005 | -- | $165,000 +17.9% |
| 2004 | -- | $140,000 +16.7% |
| 2003 | -- | $120,000 +13.6% |
| 2002 | -- | $105,600 +3% |
| 2001 | -- | $102,500 |
| 2000 | -- | $102,500 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14882
Nearby schools
GreatSchools rating
- 7/10Raymond C Buckley Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 6/10Lansing Middle SchoolGrades: 5-8Distance: 0.9 mi
- 8/10Lansing High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Lansing
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tompkins County
- Lansing
- 14882
- 163 Ridge Rd
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