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Lake Placid, NY Multifamily Properties for Sale

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Renovated Lake Placid Vacation Rental
$815,000
2,454 SF

Renovated Lake Placid Vacation Rental

2807 Wilmington Road, Lake Placid, NY 12946

Four units near downtown Lake Placid with strong rental history.

  • Proven Income: Generates $100,000 annually in rental revenue.
  • Prime Location: Short walk to downtown Lake Placid.
  • Four Units with Private Entrances: Includes a two‑bedroom unit and three one‑bedroom units.
  • Turn‑Key Operation: Furnishings are negotiable for immediate rental readiness.
  • Desirable Amenities: Features retractable awnings, private outdoor lounging, and an EV charge station.
Updated: Mar 5
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Lake Placid Two-Unit Property
$450,000
1,800 SF

Lake Placid Two-Unit Property

245 Station Street, Lake Placid, NY 12946

Two-unit property near Adirondack Rail Trail and Main Street.

  • Turnkey vacation rental property with proven income history and existing bookings transferable to the new owner.
  • Prime location directly on the Adirondack Rail Trail for immediate access to outdoor activities.
  • Less than a mile from Lake Placid's Main Street, offering convenient access to restaurants, shops, Olympic venues, and Mirror Lake.
  • Two separate apartments (2‑bedroom and 1‑bedroom) provide flexible accommodation options for guests.
  • Currently operated under a lodging permit, simplifying the process for a new owner to continue short‑term rentals.
Updated: Mar 4
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Lake Placid Two-Family Home
$595,000
2,296 SF

Lake Placid Two-Family Home

Charming two-family home in Lake Placid, a perfect investment opportunity.

6144 Sentinel Road, Lake Placid, NY 12946
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Main Street Mixed-Use Investment
$305,000
8,304 SF

Main Street Mixed-Use Investment

Mixed-use property with retail and residential income potential.

14220 NYS Route 9N, Au Sable Forks, NY 12912
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Updated Triplex in Saranac Lake
$499,950
2,673 SF

Updated Triplex in Saranac Lake

Immaculate, turnkey 3-unit property with strong rental income.

101 Margaret Street, Saranac Lake, NY 12983
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High-Performing Multifamily Portfolio in Ausable Forks
$630,000
7,326 SF

High-Performing Multifamily Portfolio in Ausable Forks

Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

Au Sable Forks, NY 12912
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Saranac Lake Mixed-Use Building
$1,275,000
14,652 SF

Saranac Lake Mixed-Use Building

Four-level commercial building with renovation potential in prime location.

86 Main Street, Saranac Lake, NY 12983
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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.

Cleared Acre with Utilities
$32,500
1.00 Acre

Cleared Acre with Utilities

One-acre cleared lot with existing electric and septic system.

899 Clintonville Road, Peru, NY 12972
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Approved RV Park Development Land
$439,000
2.20 Acres

Approved RV Park Development Land

Approved development for a 6-unit RV park near Long Lake.

L39 Off Flowers Way, Long Lake, NY 12847
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Approved RV Park Development Land
$439,000
2.20 Acres

Approved RV Park Development Land

Approved development for a 6-unit RV park with utilities.

Long Lake, NY 12847
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Improved Corner Lot in Chazy
$53,100
0.23 Acres

Improved Corner Lot in Chazy

Turnkey lot with infrastructure in place, ready for development.

209 Slosson Road, West Chazy, NY 12992
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Explore Off-Market Properties in Lake Placid, NY

Consider similar Off-Market properties in Lake Placid, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10 Conifer Cir Way

10 Conifer Cir Way

CAMPGROUND, RV PARK • 1,320 SF
Value Estimation by Request
10 Conifer Cir Way, Lake Placid, NY 12946-1886
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5794 Cascade Rd

5794 Cascade Rd

MOBILE HOME PARK, TRAILER PARK • 10,408 SF
Value Estimation
$635,000
5794 Cascade Rd, Lake Placid, NY 12946-3735
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985 Adirondack Loj Rd

985 Adirondack Loj Rd

CAMPGROUND, RV PARK • 4,764 SF
Value Estimation
$905,000
985 Adirondack Loj Rd, Lake Placid, NY 12946
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Lake Placid, NY Multifamily Properties Investment Opportunities Market Analysis

Explore 6 multifamily properties for sale in Lake Placid, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,003,187 square feet of properties for sale, with an estimated market value of $1,740,000.

Sale prices for multifamily properties in Lake Placid, NY start at $330,000, averaging $580,000, and reaching up to $815,000 — 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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