Just steps from SUNY Cortland and Main Street amenities, this 7,392 SF purpose-built fourplex offers prime investment potential in a student-friendly corridor. Each of the four spacious units includes 3–4 bedrooms, updated kitchens, and separately metered utilities—keeping owner costs low. Recent improvements include updated boilers, and roofs.. Zoned R-2 with potential for additional density or ADU (check with city). With below-market rents and pro forma income over $52K/year, this property offers strong upside with minimal effort. Off-street parking, high walkability, and proximity to I-81 make this a smart, high-yield addition to any portfolio.
For sale
$375,000
24-26 South Ave, Cortland, NY 13045
15beds
4baths
7,392sqft
Quadruplex, Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
Separately metered utilitiesOff-street parkingUpdated boilersSpacious unitsUpdated kitchens
- 65 days
- on Zillow |
- 132 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 20, 2025 at 11:37pm
Listing by:
YAMAN REAL ESTATE 607-692-3665,
Heriberto E Pezzino
Source: GBMLS,MLS#: 331607
Originating MLS: Greater Binghamton Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None, Other, See Remarks
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Other, See Remarks, Vinyl
Interior area
- Total interior livable area: 7,392 sqft
- Finished area above ground: 7,392
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: None, Other, See Remarks
- Garage spaces: 6
Features
- Patio & porch: Covered, Porch
- Exterior features: Other, Porch
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 10019
- Features: Other, See Remarks
Details
- Parcel number: 11020008608200010460000000
- Zoning: 05
- Zoning description: 05
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Family
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Other, Stone
- Foundation: Basement, Other, See Remarks
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cortland
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $115,000
- Annual tax amount: $4,353
- Date on market: 6/13/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
- Total actual rent: 58320
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