Student-Adjacent Residential Income
For Sale
$399,900
31 Clayton Avenue, Cortland, NY 13045
Residential income property near SUNY Cortland, supported by strong walkability for student-oriented living.
Property Size2,652 SF
Days on Market103
Property Features for 31 Clayton Avenue
General Information
Standard status
Active
Size
2,652 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$249,326
Building Details
Building Size
2,652 SF
Year Built
1900
Listing Agency:
The Real Estate Agency
Listed By:
Matthew Chalanick · License #10371200877
(315) 604-0718
Source:
Griffith-realty
Added: Jun 2
Changed: Aug 23
Last Checked: Sep 11 at 2:37PM
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
Investment Insights
Based on property information with market context.
This residential income property is being offered as a student housing opportunity near SUNY Cortland. The listing describes it as a well-situated off-campus option with a tenant base tied to student occupancy, intended for investors or owner-operators looking for a student-oriented residential setup.
The property is described as walking distance to SUNY Cortland and located in an area sought out for off-campus living. The provided mobility metrics include a Walk Score of 81 and a Bike Score of 56, indicating strong pedestrian access and moderate bicycle access for day-to-day campus-related routines. The remarks also note that the university is planning a new residence hall for 2026–2028, described as replacing existing West Campus apartments rather than significantly increasing overall on-campus capacity.
Given its student housing positioning and proximity to campus, the property may fit investors seeking a residential income asset aligned with off-campus demand. The listing is also accompanied by the disclosure that the listing broker has an ownership interest.
The property is described as walking distance to SUNY Cortland and located in an area sought out for off-campus living. The provided mobility metrics include a Walk Score of 81 and a Bike Score of 56, indicating strong pedestrian access and moderate bicycle access for day-to-day campus-related routines. The remarks also note that the university is planning a new residence hall for 2026–2028, described as replacing existing West Campus apartments rather than significantly increasing overall on-campus capacity.
Given its student housing positioning and proximity to campus, the property may fit investors seeking a residential income asset aligned with off-campus demand. The listing is also accompanied by the disclosure that the listing broker has an ownership interest.
Key Highlights
- Year built: 1900
- Residential income property near SUNY Cortland
- Walking distance to SUNY Cortland (per listing remarks)
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property near SUNY Cortland, supported by strong walkability for student-oriented living.
Where is this multifamily property located?
The property is located at 31 Clayton Avenue Cortland, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Year built: 1900; Residential income property near SUNY Cortland; Walking distance to SUNY Cortland (per listing remarks)
