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Triplex Student Housing with Large Parking
For Sale
$535,000

6 Monroe Street, Cortland, NY 13045

MULTI_FAMILY - Other - Cortland, NY

Property Size3,974 SF
Lot Size0.22 Acres
Price / SF$134.63
Days on Market214

Property Features for 6 Monroe Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 15, Bedroom 14, Bedroom 11, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 9, Bathroom 3, Bedroom 10, Bedroom 8, Bedroom 13, Bedroom 12
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Cortland
Middle school district Cortland
High school district Cortland
Directions FROM the intersection of Main Street and Groton Avenue, proceed eastward on Groton Avenue (State Route 222) to Monroe Heights; turn left. Go up the street to the 3rd property on the right.
Subdivision Cortland-110200
Standard status Active
APN 110200-086-058-0001-030-000-0000
Size 3,974 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 10683

Utilities

Heating system Natural Gas, Steam
Water source Public

Building Details

Year built 1974
Floors in Building 3
Number of units 15
Flooring type Carpet, Vinyl, Hardwood, Varies
Building materials Frame, ShakeSiding
Roof type Shingle
Architectural style Other
Listing Agency: SVR Realty LLC
Listed By: Philip Henry · License #30HE0952053
Added: Jan 14 Changed: Aug 4 Last Checked: Aug 16 at 9:06PM
MLS# S1658063

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 triplex is currently used for student housing and consists of three units with 15 total bedrooms (five bedrooms per unit). The property totals 3,974 square feet, built in 1974. Heating includes steam and natural gas, and the home has a gas water heater. Flooring includes vinyl, carpet, and hardwood, and the exterior is framed construction with shake siding.

The property is within walking distance of both SUNY Cortland and the Cortland City central business district. Water service is public. A large parking lot serves the building.

Appliances include a gas water heater. The garage shown at the rear of the property in aerial photographs has been removed. The Town/County tax shown includes City tax.

Key Highlights

  • 3‑unit triplex currently used for student housing with 15 total bedrooms (5 per unit)
  • 3,974 SF building size
  • Large parking lot

Property Analytics

Current Use

Triplexes

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

176
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?
Triplex - Three-unit triplex used for student housing, with gas steam heat, public water, and a large parking lot.
Where is this triplex located?
The property is located at 6 Monroe Street Cortland, NY.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 3‑unit triplex currently used for student housing with 15 total bedrooms (5 per unit); 3,974 SF building size; Large parking lot
More about this property
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