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Renovated Duplex with Garages

30 Main Street, Freeville, NY 13068

For Sale
$497,000

Residential, Freeville, NY

Property Size2,000 SF
Lot Size0.35 Acres
Price / SF$248.50
Days on Market53

Property Features for 30 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bathroom 4, Bedroom 1, Basement, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3
Parking features Garage
Patio and Porch features Porch
Interior features CeilingFans, CathedralCeilings, NaturalWoodwork, ProgrammableThermostat
Exterior features EnclosedPorch, Porch, PrivateYard
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school Freeville Elementary
Elementary school district Dryden
Middle school district Dryden
High school district Dryden
Subdivision Freeville-Village-502403
Standard status Active
APN 502403-004-000-0002-009-000-0000
Size 2,000 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Annual Amount 3974

Utilities

Heating system Electric (Heating), Zoned, Baseboard, Hot Water(Heating), Natural Gas
Cooling system Zoned
Water source Well

Amenities

covered front porch
private rear yard

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials BlownInInsulation, SprayFoamInsulation, WoodSiding, PexPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Brent Katzmann · License NY #10301209565
Added: Sep 23 Changed: Oct 30 Last Checked: Nov 14 at 12:06AM
MLS# R1716655

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.

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Investment Insights

Based on property information with market context.

This 2,000-square-foot duplex property combines a renovated primary residence with a separate one-bedroom apartment. The main home includes three upstairs bedrooms, a large kitchen with new appliances, dining and living rooms, two full bathrooms, and a covered front porch. Renovations included windows, insulation, drywall, flooring, mechanical systems, electrical service, kitchen improvements, and roofing on most sections. The property also includes two garages, a private rear yard, and a 0.35-acre lot.

Built in 1910, the property is located at 30 Main Street in Freeville, New York, near the elementary school, Village Pantry bakery and farm store, and the Dryden Rail Trail. TCAT service is located nearby, while Dryden, Cornell, and Ithaca are each described as less than 15 minutes away. The residence is vacant and the adjacent apartment is fully renovated.

Key Highlights

  • Renovated 2,000‑square‑foot duplex on a 0.35‑acre lot
  • Primary residence includes three upstairs bedrooms and two full bathrooms
  • Fully renovated adjacent 1 bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,473
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,460 $529.5K
Cap Rate 7%
$378,186 $378.2K
Cap Rate 9%
$294,144 $294.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$39.6K $19.80/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$37.8K $18.91/SF
− OpEx
−$11.3K −$5.67/SF
NOI
$26.5K $13.24/SF
Area
Tompkins County, NY
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,460
Cap Rate 7%
$378,186
Cap Rate 9%
$294,144

Alternative Uses

Best Use
Multifamily LT 5
$378.2K
$330.9K – $441.2K (±1% cap)
NOI $26,473 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$350.5K
$306.7K – $408.9K (±1% cap)
NOI $24,532 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$624.1K
$546.1K – $728.1K (±1% cap)
NOI $43,686 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 13068, NY

5,189
Population
2,165
Households
2.4
Avg Household Size
41
Median Age
40%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
103
Density / Sq Mi
$79,521
Median Household Income
$45,760
Median Earnings
$1,011
Median Rent
$207,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Tompkins County, NY

$184 Jul
$195 Aug
$185 Sep
$190 Oct

Properties on Market for Duplexes in Tompkins County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated main residence with an adjacent apartment, private yard, and dedicated garage spaces.
Where is this duplex located?
The property is located at 30 Main Street Freeville, NY.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Renovated 2,000‑square‑foot duplex on a 0.35‑acre lot; Primary residence includes three upstairs bedrooms and two full bathrooms; Fully renovated adjacent 1 bedroom apartment
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