Add Listing
    Lake Placid, NY
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Lake Placid, NY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Saranac Lake, NY Keene, NY Wilmington, NY
    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
    View details
    Lake Placid Two-Family Home
    $549,000
    2,296 SF

    Lake Placid Two-Family Home

    6144 Sentinel Road, Lake Placid, NY 12946

    Charming two-family home, perfect for investment or rental income.

    • Prime Lake Placid location: Close to downtown shops, restaurants, outdoor attractions, Mirror Lake, Whiteface Mountain, and the Olympic Village.
    • Two separate units: A 3‑bedroom, 2‑bathroom unit and a 2‑bedroom, 1‑bathroom unit, providing flexibility for rental income or multi‑generational living.
    • Updated interiors: Both units feature modern kitchens, bright living spaces, and ample bedrooms.
    • Income potential: Ideal for short‑term rentals or long‑term tenants with a private entrance for the second unit.
    • Ample off‑street parking and spacious backyard: Includes room to build a garage.
    Updated: Jan 2, 2025
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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.

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Saranac Lake Property
    $635,000
    3,126 SF

    Historic Mixed-Use Saranac Lake Property

    Landmark property with office space and apartments in prime location.

    30 Academy Street, Saranac Lake, NY 12983
    View details
    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
    View details
    Saranac Lake Income-Producing Triplex
    $349,900
    2,730 SF

    Saranac Lake Income-Producing Triplex

    Well-maintained triplex in Saranac Lake with strong rental income.

    39 Shepard Avenue, Saranac Lake, NY 12983
    View details
    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
    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.

    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
    View details
    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
    View details
    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
    View details
    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
    View details

    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
    View details
    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
    View details
    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
    View details

    Lake Placid, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Lake Placid, NY on our real estate platform. These investment opportunities span a total of 4,750 square feet of properties for sale, with an estimated market value of $1,364,000.

    Sale prices for multifamily properties in Lake Placid, NY start at $549,000, averaging $682,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Short term rental properties 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 4,805
    Population Growth (5Y) +0.3%
    Median Household Income $78,261
    College Educated 67.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    12946 $705K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $18.26 per sq ft
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Lake Placid, NY

    Popular Categories

    Most Searched ZIP Codes in Lake Placid, NY

    • 12946

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!