Apartment Building

Homer, NY Apartment Buildings for Sale

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Sempronius, NY Locke, NY Niles, NY Tully, NY Cortlandville, NY Marietta, NY Groton, NY Ny, NY
Lakefront Six-Unit Apartment Building
Updated: Jul 8
Lakefront Six-Unit Apartment Building

1837 Mountainview Drive E, Homer, NY 13077

$649,900
5,158 sqft 0.26 AC lot
Nearly 90 feet of lake frontage with a private dock
Three buildings totaling six units: detached 1‑bedroom cottage plus 2‑unit (two 2‑bedroom) and 3‑unit (three 3‑bedroom) buildings
Well water and septic tank
Year built 1876 with vinyl siding and asphalt shingle roofing
Natural gas and electric heating with baseboard and hot water heat plus a gas water heater
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Lakefront Multifamily with Private Dock
Updated: Jul 8
Lakefront Multifamily with Private Dock

1837 Mountainview Drive E, Homer, NY 13077

$649,900
Year built 1876 multifamily property with three separate buildings on nearly 90 feet of Little York Lake frontage
Private dock and waterfront views at 1837 Mountainview Drive E
6‑unit configuration with detached 1‑bedroom cottage; 2‑unit building with two 2‑bedroom apartments; and 3‑unit building with three 3‑bedroom units
Property includes a 3‑bedroom unit building and offers redevelopment flexibility, including potential conversion back to a single‑family home
Strong rental history with three buildings producing rental income
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Homer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

14-Unit Apartment Building
14-Unit Apartment Building

112 Groton Avenue, Cortland, NY 13045

$2,750,000
11,520 sqft 1.16 AC lot

Professionally managed student housing portfolio with 42 bedrooms, 42 on-site parking spaces, and multiple buildings built 2009-2015.

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Six-Unit Apartment Buildings
Six-Unit Apartment Buildings

20 & 20.5 Charles Street, Cortland, NY 13045

$229,900
5,652 sqft 0.13 AC lot

Two separate residential buildings provide flexible multifamily housing near downtown Cortland shops and restaurants.

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Multifamily Portfolio with Adjacent Land
Multifamily Portfolio with Adjacent Land

39 Village Cir, Ithaca, NY 14850

Contact for pricing
95.00 AC lot

Portfolio includes 42 apartments that are 100% occupied and approximately 95 acres of adjacent land.

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42-Unit Apartment Building
42-Unit Apartment Building

9 Village Cir, Ithaca, NY 14850

Contact for pricing

Forty-two apartment units with recent hallway updates, generally near full occupancy and a strong collection history.

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Homer, NY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Homer, NY on our real estate platform. These investment opportunities span a total of 5,158 square feet of properties for sale, with an estimated market value of $1,299,800.

Sale prices for two-family homes in Homer, NY average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,567
Population Growth (5Y) -8.0%
Median Household Income $70,111
College Educated 54.7%

High-Yield Neighborhoods for Investment

Identify Homer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
13077 $649.9K

Taxes & Financing

Tax Rate (average for all types) 1.93%
Property Tax per SF $42.47 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cortland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cortland County

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