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Triplex Property With Flexible Layout
New
For Sale
$234,900

20 Reynolds Avenue, Cortland, NY 13045

MULTI_FAMILY - Other - Cortland, NY

Property Size2,900 SF
Lot Size0.21 Acres
Price / SF$81
Days on Market2

Property Features for 20 Reynolds Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 5, Basement, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2
Interior features NaturalWoodwork, ProgrammableThermostat
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Cortland
Middle school district Cortland
High school district Cortland
Subdivision Cortland-110200
Standard status Active
APN 110200-086-073-0002-016-000-0000
Size 2,900 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 8572

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1860
Floors in Building 2
Number of units 3
Flooring type Varies, Laminate
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Andrew Hughes · License #10401336330
Added: Aug 4 Last Checked: Aug 5 at 2:06PM
MLS# R1702489

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 2,900-square-foot property on 0.21 acres was built in 1860 and offers a flexible residential configuration. The layout may function as three separate living units or as one larger student rental house, providing several ways to use the existing space. The room count includes six bedrooms and four bathrooms, with a basement, laminate flooring in some areas, and natural woodwork. Heating is provided by a natural-gas forced-air system, and the property includes a gas water heater, programmable thermostat, public water, vinyl siding, and an asphalt roof.

Located in Cortland near SUNY Cortland, the property is positioned for convenient campus access. Its existing configuration supports consideration for multifamily, student-oriented, or owner-occupied use, subject to applicable requirements and the final layout selected.

Key Highlights

  • 2,900 square feet on a 0.21‑acre lot
  • Built in 1860 with vinyl siding and an asphalt roof
  • Six bedrooms and four bathrooms

Property Analytics

Current Use

Triplexes

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Wood-sided property near SUNY Cortland offers adaptable living areas and natural-gas forced-air heating.
Where is this triplex located?
The property is located at 20 Reynolds Avenue 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: 2,900 square feet on a 0.21‑acre lot; Built in 1860 with vinyl siding and an asphalt roof; Six bedrooms and four bathrooms
More about this property
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