Triplex Residential Income
For Sale
$185,000
2 South Avenue, Cortland, NY 13045
MULTI_FAMILY - Other - Cortland, NY
Property Size3,456 SF
Lot Size0.05 Acres
Price / SF$53.53
Days on Market168
Property Features for 2 South Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential Multi Use
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Basement, Bedroom 2
Parking features
Paved or Surfaced, On Street
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
High school
Cortland Junior-Senior High
Elementary school district
Cortland
Middle school district
Cortland
High school district
Cortland
Directions
Main St to South Ave, 2nd house on right. Also includes lot at 2 1/2 South Ave.
Subdivision
Cortland-110200
Standard status
Active
APN
110200-086-082-0001-027-000-0000
Size
3,456 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3730
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1964
Floors in Building
2
Number of units
3
Flooring type
Vinyl, Varies, Laminate, Hardwood
Building materials
VinylSiding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Berkshire Hathaway CNY Realty · Berkshire Hathaway HomeServices
(315) 685-7011
Listed By:
Loueen Rosenbush · License #10401292773
(607) 592-7400
Added: Mar 1
Changed: Aug 4
Last Checked: Aug 16 at 9:06PM
MLS# S1661256
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This triplex residential income property contains three separate units arranged with a front unit, a back unit, and an upstairs unit. The front unit includes 1 bedroom, 1 bath, a kitchen, and a living room. The back unit includes 1 bedroom, 1 bath, a kitchen, and a living room. The upstairs unit includes 4 bedrooms, 1 living room, a kitchen, and a bathroom. Tenants pay separate utilities.
The property sits on a 0.0541-acre lot with a total property size of 3,456 square feet. A lot next door (37' x 75') conveys with the subject property, providing additional parking, play, and garden space. Construction features include vinyl siding, with asphalt shingle roofing. Heating is natural gas forced air, and the home includes a gas water heater. Electric and gas service are described as newer.
On-site parking is available via on-street parking with paved or surfaced areas. The property is served by public water. The existing interior finish includes a mix of flooring types, including laminate, vinyl, hardwood, and varied surfaces.
The property sits on a 0.0541-acre lot with a total property size of 3,456 square feet. A lot next door (37' x 75') conveys with the subject property, providing additional parking, play, and garden space. Construction features include vinyl siding, with asphalt shingle roofing. Heating is natural gas forced air, and the home includes a gas water heater. Electric and gas service are described as newer.
On-site parking is available via on-street parking with paved or surfaced areas. The property is served by public water. The existing interior finish includes a mix of flooring types, including laminate, vinyl, hardwood, and varied surfaces.
Key Highlights
- Front unit has 1 bedroom, 1 bath, kitchen and living room
- Back unit has 1 bedroom, 1 bath, kitchen and living room
- Upstairs unit has 4 bedrooms, kitchen, living room and bathroom
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Explore this area
Business Placement
Demographics for 13045, NY
28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Cortland with separate utility billing and paved, on-street parking, built in 1964.
Where is this triplex located?
The property is located at 2 South Avenue Cortland, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Front unit has 1 bedroom, 1 bath, kitchen and living room; Back unit has 1 bedroom, 1 bath, kitchen and living room; Upstairs unit has 4 bedrooms, kitchen, living room and bathroom
