Building Details

Building Size 4,952 SF

Year Built 1880

Units 3

Listed By: Lori A. Rallo Show Phone

Source: Elliman

Added: Apr 27 Changed: Sep 10 Last Checked: Sep 15 at 7:26AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lori A. Rallo

Investment Insights

Based on property information with market context.

This 8.4-acre property, located just outside the village of Marathon, New York, includes three homes, making it suitable for multi-generational living, guest housing, or rental income. The property is currently generating income with two long-term tenants. An 80x100 equipment building offers space for a workshop, home business, vehicle storage, or hobbies. A classic barn provides additional possibilities for storage, animals, or creative use. The property features scenic views and room for gardening, recreation, or small farming. It is located minutes from village amenities and under 3 miles from the I-86/I-81 entrance for commuting. Cortland is nearby for additional shopping, and Greek Peak is a short drive away for skiing. The property's bike score is 6, indicating it is somewhat bikeable, and its walk score is 8, indicating car dependence.

Key Highlights

• 8.4‑acre property featuring three homes, perfect for multi‑generational living or rental income.
• Income‑generating property** with two long‑term tenants.
• Benefit from a large 80x100 equipment building suitable for workshop, business, or storage.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Plumbing Service Auto Parts Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

Explore this area Business Placement

Demographics for 13803, NY

4,208

Population

1,715

Households

2.5

Avg Household Size

40

Median Age

14%

College-Educated

86%

High-School Grad

93.5 sq mi

ZIP Area

45

Density / Sq Mi

$62,537

Median Household Income

$38,364

Median Earnings

$798

Median Rent

$134,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Private property with three homes, equipment building, and classic barn.

Where is this multifamily property located?

The property is located at 3463 Tannery St Ext Marathon, NY.

What is the asking price?

The asking price for this property is $289,000.

What are key features of this property?

This property features: 8.4‑acre property featuring **three homes, perfect for multi‑generational living or rental income**.; Income‑generating property** with two long‑term tenants.; Benefit from a **large 80x100 equipment building** suitable for workshop, business, or storage.