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    Cortland, NY Multifamily Properties for Sale

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    13-Unit Apartment Building
    Updated: Aug 18
    13-Unit Apartment Building

    211 Tompkins Street, Cortland, NY 13045

    $1,795,000
    12,500 sqft 0.66 AC lot
    13 units in a single 12,500‑square‑foot apartment building
    Built in 1994 on a 0.66‑acre city parcel
    20 off‑street parking spaces with driveway and garage features
    89 feet of frontage on Tompkins Street
    Minutes from SUNY Cortland, downtown Cortland, and Interstate 81
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    Three-Story Mixed-Use Building
    Updated: Aug 18
    Three-Story Mixed-Use Building

    38 Main Street, Cortland, NY 13045

    $595,000
    6,450 sqft 0.06 AC lot
    6,450 square feet across three stories; built in 1956
    CB Central Business district zoning
    Upper floors planned for five one‑bedroom, one‑bath apartments
    Leased ground‑floor commercial space with four parking spaces
    25 percent current occupancy with $25,800 in rent and $18,060 NOI
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    6-Unit Apartment Building
    6-Unit Apartment Building

    25 Prospect Terrace, Cortland, NY 13045

    $824,900
    3,728 sqft 0.60 AC lot

    Updated interiors, off-street parking, and a detached garage support the existing multifamily layout.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    211 Tompkins Street, Cortland, NY 13045

    $1,795,000
    12,500 sqft 0.66 AC lot

    Two-story multifamily property near SUNY Cortland, downtown Cortland, and Interstate 81.

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    Six-Bedroom Triplex
    Six-Bedroom Triplex

    20 Reynolds Avenue, Cortland, NY 13045

    $234,900
    2,900 sqft 0.21 AC lot

    Historic property near SUNY Cortland with a flexible layout, basement space, and four bathrooms.

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    3-Unit Multifamily Property
    3-Unit Multifamily Property

    2 South Avenue, Cortland, NY 13045

    $169,900
    3,456 sqft 0.05 AC lot

    Separate utilities, public water, and gas-forced-air heat support the three-residence layout.

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    Two-Unit Duplex with Porch
    Two-Unit Duplex with Porch

    145 Groton Avenue, Cortland, NY 13045

    $195,000
    2,100 sqft 0.13 AC lot

    Improvements include updated bathrooms, flooring, appliances, and a reworked floor plan.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    211 Tompkins St, Cortland, NY 13045

    $1,795,000
    12,500 sqft 0.66 AC lot

    Built in 1994 and located minutes from SUNY Cortland, downtown Cortland, and Interstate 81.

    View details
    Three-Unit Apartment Property
    Three-Unit Apartment Property

    146 Tompkins Street, Cortland, NY 13045

    $289,000
    3,627 sqft 0.19 AC lot

    Three separate apartments offer nine bedrooms, shared basement laundry, and parking on both sides of the house.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    144 Tompkins Street, Cortland, NY 13045

    $275,000
    2,478 sqft 0.20 AC lot

    Two-house configuration with three units in the front residence and one unit in the rear.

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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    38 Main Street, Cortland, NY 13045

    $595,000
    6,450 sqft

    Downtown commercial property with a leased ground floor and upper-level plans for five apartments.

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    Side-by-Side Duplex with Parking
    Side-by-Side Duplex with Parking

    105 Pendleton Street, Cortland, NY 13045

    $165,000
    2,336 sqft 0.12 AC lot

    Two separate residences offer individual entrances, spacious living areas, and off-street parking.

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    17 Park Street, Cortland, NY 13045

    $160,000
    1,808 sqft 0.16 AC lot

    Both apartments include private laundry, porches, dedicated parking, and two-bedroom layouts.

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    Fully Leased Multifamily Housing
    Fully Leased Multifamily Housing

    70 Tompkins St, Cortland, NY 13045

    $1,200,000
    6,782 sqft

    Renovated interiors, upgraded building systems, and established fraternity tenancy support ongoing student housing use.

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    Duplex with Detached Garage
    Duplex with Detached Garage

    151 Tompkins Street, Cortland, NY 13045

    $185,000
    2,014 sqft 0.20 AC lot

    Two apartments offer separate kitchens, living areas, and a mudroom, with off-street parking and additional garage space.

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    Breezeway-Connected Duplex
    Breezeway-Connected Duplex

    20 Scammell Street, Cortland, NY 13045

    $224,900
    1,938 sqft 0.13 AC lot

    Two-home configuration with private entrances and a shared breezeway supports flexible occupancy arrangements.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    146 Tompkins St, Cortland, NY 13045

    $289,000
    3,627 sqft

    Three apartments provide shared basement laundry, on-site parking, and adaptable bedroom configurations.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    55 Hubbard Street, Cortland, NY 13045

    $80,000
    2,126 sqft 0.18 AC lot

    Separate utility service and a full basement with laundry hookups support the upper- and lower-level units.

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    Side-by-Side Duplex with Parking
    Side-by-Side Duplex with Parking

    105 Pendleton St, Cortland, NY 13045

    $165,000
    2,336 sqft

    Two separately entered residences offer flexible occupancy and rental use in a convenient established setting.

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    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    68 Groton Avenue, Cortland, NY 13045

    $154,900
    1,894 sqft 0.15 AC lot

    Two three-bedroom apartments with on-site laundry, a porch, and access to nearby campus, downtown amenities, and medical services.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    151 Tompkins St, Cortland, NY 13045

    $185,000
    2,014 sqft

    Duplex with two separate units, off-street parking, and a detached two-car garage on a generous lot.

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    Six-Unit Apartment Buildings
    Six-Unit Apartment Buildings

    20 & 20.5 Charles Street, Cortland, NY 13045

    $229,900
    5,652 sqft 0.13 AC lot

    Two separate residential buildings provide flexible multifamily housing near downtown Cortland shops and restaurants.

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    Mixed-Use Plaza in Downtown Cortland
    Mixed-Use Plaza in Downtown Cortland

    180 Main Street, Cortland, NY 13045

    $495,000
    7,599 sqft

    Downtown plaza with commercial spaces, apartments, and storage.

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    Student Housing Triplex
    Student Housing Triplex

    6 Monroe Street, Cortland, NY 13045

    $535,000
    3,974 sqft 0.22 AC lot

    Fifteen-bedroom layout across three units with a large parking lot and campus-oriented rental use.

    View details

    Cortland, NY Multifamily Properties Market Trends and Statistics

    Explore 45 multifamily properties for sale in Cortland, NY, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 131,405 square feet of properties for sale, with an estimated market value of $15,504,819.

    Sale prices for multifamily properties in Cortland, NY start at $55,000, averaging $419,049, and reaching up to $1,795,000 — 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

    Duplexes 15
    Apartment buildings 12
    Triplexes 7
    Quadplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) -2.9%
    Median Household Income $67,028
    College Educated 44.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    13045 $428.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.42%
    Property Tax per SF $45.67 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cortland County

    New Delisted

    Total CRE Inventory on Market (SF)

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