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    Alfred, NY Multifamily Properties for Sale

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    Alfred Station, NY Hornell, NY Scio, NY Andover, NY Belmont, NY Almond, NY Angelica, NY Canisteo, NY
    Six-Occupant Multifamily Property
    Updated: Aug 19
    Six-Occupant Multifamily Property

    40 S Main St, Alfred, NY 14802

    $219,500
    3,450 sqft
    Multifamily property at 40 South Main Street in Alfred, NY
    Built in 1940
    Operating model based on 6 occupants
    Utilities included except internet
    No renters currently in place for the semester
    View details
    Alfred Triplex Near Universities
    Updated: Mar 11
    Alfred Triplex Near Universities

    1 Reynolds St, Alfred, NY 14802

    $275,000
    0.15 AC lot
    Income‑generating property currently rented through the academic year
    Located near Alfred State and Alfred University campuses
    Three units: one 4‑bedroom and two 2‑bedroom apartments
    Rent is $2500 per person per semester (with a $100 discount for on‑time payment)
    Potential income based on 8 tenants at $2400 per semester
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Alfred, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    3-Unit Mixed-Use Property
    3-Unit Mixed-Use Property

    33 W Main Street, Angelica, NY 14709

    $135,000
    2,640 sqft 0.06 AC lot

    Three-unit building combines a storefront with two residential apartments and established utilities.

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    Mixed-Use Building with Vacant Commercial Space
    Mixed-Use Building with Vacant Commercial Space

    283 Canisteo St, Hornell, NY 14843

    Contact for pricing
    5,032 sqft

    Two apartments accompany a ground-floor commercial area, with vacant space available for an owner-user.

    View details
    Mixed-Use Building With Storefront
    Mixed-Use Building With Storefront

    33 West Main Street, Angelica, NY 14709

    $135,000

    Commercially zoned property combines a storefront with two legally recognized residential units.

    View details
    Triplex with Attached Garage
    Triplex with Attached Garage

    16 Pleasant Street, Hornell, NY 14843

    $139,900

    Separate rental units, an attached garage, and off-street parking support a practical income-property configuration.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Caneadea Acre Building Lot
    Caneadea Acre Building Lot

    8708 Oramel Hill Road, Caneadea, NY 14717

    $31,900
    1.00 AC lot

    One acre lot with utilities, ready for recreation.

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    Residential Lot in Westfield, PA
    Residential Lot in Westfield, PA

    110 Mill Street, Westfield, PA 16950

    Contact for pricing
    0.17 AC lot

    Affordable .171 acre lot ready for a mobile home.

    View details

    Alfred, NY Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Alfred, NY on our real estate platform. These investment opportunities span a total of 3,450 square feet of properties for sale, with an estimated market value of $494,500.

    Sale prices for multifamily properties in Alfred, NY start at $219,500, averaging $247,250, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 4,627
    Population Growth (5Y) +8.8%
    Median Household Income $44,659

    High-Yield Neighborhoods for Investment

    Identify Alfred submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14802 $247.3K

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

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