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Alfred, NY Multifamily Properties for Sale

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Two-Family Home Near Campuses
$189,999

Two-Family Home Near Campuses

28 Hillcrest Dr, Alfred, NY 14802

Two-family home near campuses, potential single-family conversion.

  • Two‑family home ideal for rental income or multi‑generational living.
  • Walking distance to both campuses.
  • Potential to convert back to a single‑family home.
  • Main floor features a large kitchen with newer stove and refrigerator.
  • Two bedrooms on the main floor with access to a wrap‑around deck.
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Well-Maintained Two-Unit Apartment House
$179,900

Well-Maintained Two-Unit Apartment House

29 S Main St, Alfred, NY 14802

Two-unit apartment near Alfred State and Alfred University.

  • Excellent Investment Opportunity: Both units are currently rented for the 2025‑2026 academic year, providing immediate income.
  • Prime Location: Walking distance to both Alfred State and Alfred University, ensuring high tenant demand.
  • High Rental Income Potential: Rents are $2000 per person per semester, indicating strong revenue generation.
  • Two Separate Units: The property features two distinct apartments (4‑bedroom and 3‑bedroom), maximizing rental possibilities.
  • On‑Site Amenities: Includes a washer/dryer in the main floor apartment and ample on‑site parking for tenants.
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Three-Unit Apartment House Near Campuses
$279,000

Three-Unit Apartment House Near Campuses

Three-unit apartment building near Alfred State and Alfred University campuses.
1 Reynolds St, Alfred, NY 14802
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Alfred, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Rental Property in Hornell
$82,500

Two-Unit Rental Property in Hornell

Fully occupied two-unit rental property in Hornell, New York.
42-44 Crosby St, Hornell, NY 14843
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Turnkey Bar and Event Venue
$369,900

Turnkey Bar and Event Venue

Bar, event venue, and apartments for sale in Hornell.
68 River St, Hornell, NY 14843
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Mixed-Use Property in Angelica, NY
$138,900
2,640 SF

Mixed-Use Property in Angelica, NY

Three-unit mixed-use property with income potential in vibrant Main Street.
33 W Main St, Angelica, NY 14709
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Mixed-Use Property in Angelica, NY
$138,900
2,640 SF

Mixed-Use Property in Angelica, NY

Three-unit mixed-use property with income potential in vibrant Main Street.
33 W Main St, Angelica, NY 14709
View details

Alfred, NY Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Alfred, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $648,899.

Prices for multifamily properties in Alfred, NY start at $179,900, averaging $216,299, and reaching up to $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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