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Multifamily Property Near SUNY Cortland
For Sale
$234,900

20 Reynolds Ave, Cortland, NY 13045

Historic property with a flexible layout that may support multiple living arrangements or a single-family configuration.

Property Size2,900 SF
Days on Market14

Property Features for 20 Reynolds Ave

General Information

Standard status Active
Size 2,900 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,572

Building Details

Building Size 2,900 SF
Year Built 1860
Stories 2
Units 3
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Andrew Hughes · License #10401336330
Source: Elliman
Added: Aug 8 Changed: Aug 15 Last Checked: Aug 20 at 12:02PM

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 Keller Williams Realty Southern Tier & Finger Lakes

Investment Insights

Based on property information with market context.

Built in 1860, this multifamily property at 20 Reynolds Ave offers a flexible residential layout with several potential configurations. The floor plan may be arranged as three separate living units, used as a larger student rental house, or restored for single-family occupancy. The property is located minutes from SUNY Cortland, placing it near a major campus and its surrounding residential demand. Walk Score is 59, classified as Somewhat Walkable, while Bike Score is 19, classified as Somewhat Bikeable. Its combination of historic construction, adaptable layout, and proximity to the university supports a range of residential ownership and rental strategies.

Key Highlights

  • Flexible floor plan with potential for three separate living units
  • Can be configured as a larger student rental house
  • Option to restore the property for single‑family use

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Daycare Center

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

911
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Historic property with a flexible layout that may support multiple living arrangements or a single-family configuration.
Where is this multifamily property located?
The property is located at 20 Reynolds Ave Cortland, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Flexible floor plan with potential for three separate living units; Can be configured as a larger student rental house; Option to restore the property for single‑family use
More about this property
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