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    211 Tompkins Street Ext Cortland, NY 13045

    For Sale
    $1,850,000

    MULTI_FAMILY - Cortland, NY

    Property size:
    7,190 SF
    Lot size:
    0.66 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 211 Tompkins Street Ext

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 8, Bedroom 6, Bedroom 7, Bedroom 9, Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 11, Bedroom 10, Bedroom 5, Bedroom 12, Bedroom 13, Bedroom 1
    Bedrooms
    13
    APN
    110200-096-024-0002-001-000-0000
    Parking features
    Garage
    Exterior features
    BlacktopDriveway
    Appliances
    ElectricOven, ElectricRange, GasOven, GasRange, GasWaterHeater, Refrigerator
    Size
    7,190 SF
    Lot size
    0.66 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1994
    Floors in Building
    3
    Number of units
    13
    Flooring type
    Carpet, Varies, Laminate, Vinyl
    Building materials
    VinylSiding
    Roof type
    Shingle

    Heritage Realty of Central New York (607) 428-0708 [email protected]

    Listing agent Dana Decker (607) 428-0708 License #10491206226

    Listing date Oct 27, 2025

    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 Multifamily Investment Opportunity

    Located adjacent to the college in Cortland, 211 Tompkins Street is a 13-unit multifamily property featuring a total of 37 bedrooms. This property is suited for student housing or traditional rental income. The current owner has completed extensive updates, including new roofs, and the majority of the units have been modernized. The property has been well cared for and offers a turnkey opportunity for investors seeking strong cash flow potential in a prime location near campus amenities and downtown Cortland. The property size is 7190 square feet, situated on a 0.66-acre lot.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -76.195082
    Latitude
    42.587892

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    FAQs

    What type of property is this?
    Apartment building - 13-unit multifamily property near college with 37 bedrooms.
    Where is this apartment building located?
    The property is located at 211 Tompkins Street Ext Cortland, NY.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Prime location adjacent to the college, ideal for student housing.; - 13-unit multifamily property with a total of 37 bedrooms.; - Extensive updates completed, including new roofs and modernized units.
    (607) 428-0708
    Request Owner's contact information
    211 Tompkins Street Ext 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
    211 Tompkins Street Ext Cortland, NY 13045
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