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    Alfred, NY
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    Alfred, NY Multifamily Properties for Sale

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    Hornell, NY Scio, NY Andover, NY Almond, NY Belmont, NY Canisteo, NY Angelica, NY Wellsville, NY
    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
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    Six-Occupant Multifamily Property
    Updated: Aug 13
    Six-Occupant Multifamily Property

    40 South Main Street, Alfred, NY 14802

    $219,500
    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
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    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.

    Main Street Mixed-Use Opportunity
    Main Street Mixed-Use Opportunity

    19 N Main St, Wellsville, NY 14895

    $145,000
    0.08 AC lot

    Mixed-use building with bar/restaurant, apartments, and storefronts for sale.

    View details
    Updated Duplex
    Updated Duplex

    7 Bostwick Place, Hornell, NY 14843

    $139,900

    Two-family residential property configured for rental use with long-term renters.

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    Versatile Commercial Property in Hornell
    Versatile Commercial Property in Hornell

    80 River St, Hornell, NY 14843

    $39,900
    0.09 AC lot

    Commercial property with bar/restaurant setup and renovation potential.

    View details
    Leased Duplex with Off-Street Parking
    Leased Duplex with Off-Street Parking

    475 S Main St, Wellsville, NY 14895

    $89,900

    Nicely maintained duplex with two apartments and off-street parking, both currently leased.

    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 Rd, 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.

    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

    Apartment buildings 1
    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 $232.5K

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

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