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Student Housing Investment Opportunity

26 Owego St, Cortland, NY 13045

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For Sale

$239,900

Student housing near SUNY Cortland with upside potential.

Type:Multi Family

Lot size:

0.27 Acres

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Contact an agent

Kirsten Casterline

Real Estate License ID: 10371200877

HighLights

Investment opportunity: Student housing near SUNY Cortland.
Significant upside potential for value appreciation and increased cash flow.
Walking distance to campus in a sought‑after off‑campus living area.
Steady tenant pool due to consistently strong SUNY Cortland enrollment.
University's new residence hall aims to replace existing apartments, maintaining off‑campus housing demand.
Suitable for both seasoned and first‑time investors.

For Sale

$239,900

Student housing near SUNY Cortland with upside potential.

Type:Multi Family

Lot size:

0.27 Acres

Added:: Mar 11, 2026
Days on Market:: 119
Last Refresh:: Jul 2 at 4:11 pm

Property Features for 26 Owego St

General Information

Standard status: Active
Lot size: 0.27 Acres
Property subtype: Multi Family

Building Details

Year Built: 1900

We can help!

Contact an agent

Kirsten Casterline

Listing office The Real Estate Agency

Listing date Mar 11, 2026

Source Elliman

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 The Real Estate Agency

HighLights

Investment opportunity: Student housing near SUNY Cortland.
Significant upside potential for value appreciation and increased cash flow.
Walking distance to campus in a sought‑after off‑campus living area.
Steady tenant pool due to consistently strong SUNY Cortland enrollment.
University's new residence hall aims to replace existing apartments, maintaining off‑campus housing demand.
Suitable for both seasoned and first‑time investors.

Overview

This property presents an investment opportunity in student housing near SUNY Cortland. It offers potential for value appreciation and increased cash flow within the consistently strong Cortland student housing market, driven by SUNY Cortland's enrollment. The property is located within walking distance to campus, in a sought-after area for off-campus living. SUNY Cortland is planning a new residence hall for 2026-2028, intended to replace existing West Campus apartments, which is not expected to significantly increase overall on-campus capacity, thereby maintaining demand for off-campus housing. This property is poised for significant returns for both seasoned and first-time investors looking for a high-potential income property. The listing broker has an ownership interest.

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Local Demand

City: Cortland
County: Cortland
State: New York
Longitude: -76.1852
Latitude: 42.5931

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What type of property is this?

Multifamily property - Student housing near SUNY Cortland with upside potential.

Where is this multifamily property located?

The property is located at 26 Owego St Cortland, NY.

What is the asking price?

The asking price for this property is $239,900.

What are key features of this property?

This property features: Investment opportunity: Student housing near SUNY Cortland.; Significant upside potential for value appreciation and increased cash flow.; Walking distance to campus in a sought‑after off‑campus living area.