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    132 Central Ave Cortland, NY 13045

    For Sale
    $159,900

    MULTI_FAMILY - Other - Cortland, NY

    Property size:
    1,932 SF
    Lot size:
    0.31 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 132 Central Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    5
    Bathrooms
    3
    APN
    110200-086-060-0001-003-000-0000
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Size
    1,932 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1914
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Varies
    Building materials
    ShakeSiding
    Roof type
    Asphalt
    Architectural style
    Other

    Yaman Real Estate (607) 753-9644 [email protected]

    Listing agent Susan Sherman Broyles (607) 753-9644 License #10301222882

    Listing date Nov 22, 2025

    MLS# S1649323 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cortland Two-Family Home with Upside

    Located on Cortland's east side, this two-family property presents an opportunity for either owner-occupancy or investment. Unit 132 1/2 features three bedrooms and two bathrooms, with a shower and toilet on the first floor, and a tub and toilet on the second floor. This unit is currently vacant but was previously leased for $1200. Unit 132 includes two bedrooms and one bathroom and is occupied by long-term tenants. Both units have access to the basement. The property includes a large yard and ample parking. Tenants can enjoy the large covered porch and the quiet street. The property is situated on a 0.31-acre lot and has a total area of 1932 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.16916
    Latitude
    42.600868

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in Cortland, NY, with investment potential.
    Where is this duplex located?
    The property is located at 132 Central Ave Cortland, NY.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Opportunity for owner-occupied residence or investment property.; - Two-family home with potential for rental income.; - Spacious 3-bedroom, 2-bath unit previously leased for $1200.
    (607) 753-9644
    Request Owner's contact information
    132 Central Ave Cortland, NY 13045
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    Cortland, NY 13045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 Central Ave Cortland, NY 13045
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