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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
    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.
    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#: 331607MLS LogoOriginating MLS: Greater Binghamton Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 24-26 South Ave.

    Next available tour time:Tomorrow at 9am

    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

    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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