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Lansing, NY

Multifamily

Lansing, NY Multifamily Properties for Sale

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Trumansburg, NY Genoa, NY Interlaken, NY Freeville, NY Locke, NY Ovid, NY King Ferry, NY Ledyard, NY

66 properties

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6-Unit Apartment Building

Updated: Oct 19

6-Unit Apartment Building

222 N Albany Street, Ithaca, NY 14850

$795,000

4,484 sqft 0.18 AC lot

Six apartments with 11 bedrooms and seven bathrooms
Unit mix: two one‑bedroom, three two‑bedroom, and one three‑bedroom apartments
4,484 square feet on a 0.18‑acre lot
100% occupancy; leases in place into 2027
Detached two‑car garage, two driveways, and off‑street parking

7-Unit Victorian Apartment Building

Updated: Sep 29

7-Unit Victorian Apartment Building

315 S Albany Street, Ithaca, NY 14850

$845,000

5,606 sqft 0.18 AC lot

Seven fully leased apartments with leases in place into 2027
Unit mix: three studios, three one‑bedroom apartments, and one two‑bedroom apartment
5,606 square feet on a 0.1837‑acre site
Annual gross rents of $92,760
Built in 1874 with stained glass, built‑ins, a marble fireplace, and hardwood floors

Five-Unit Apartment Building

Five-Unit Apartment Building

526 W Seneca Street, Ithaca, NY 14850

$505,000

3,074 sqft 0.20 AC lot

A varied apartment mix is offered in a wood-sided property near downtown Ithaca.

See hot listings in Lansing

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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Six-Unit Apartment Building

Six-Unit Apartment Building

222 N Albany Street, Ithaca, NY 14850

$795,000

4,484 sqft

Three levels offer varied apartment layouts, with occupied units under leases extending into 2027.

14-Bedroom Apartment Building

14-Bedroom Apartment Building

306 Stewart Avenue, Ithaca, NY 14850

$895,000

4,507 sqft 0.02 AC lot

Multiple kitchens and proximity to Cornell University define this university-oriented rental property.

Renovated Downtown Duplex

Renovated Downtown Duplex

137 Fayette Street, Ithaca, NY 14850

$650,000

1,792 sqft 0.10 AC lot

Two flexible living units combine updated interiors, private residential space, and supplemental rental potential in downtown Ithaca.

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Multifamily Property with Accessory Apartment

Multifamily Property with Accessory Apartment

327 Coddington Road, Ithaca, NY 14850

$485,000

4,056 sqft 0.84 AC lot

A first-floor residence pairs with a detached apartment and additional tenant income.

7-Unit Apartment Building

7-Unit Apartment Building

315 S Albany Street, Ithaca, NY 14850

$845,000

5,606 sqft

Apartments range from studios to two bedrooms, with off-street parking and storage in the attic and basement.

3-Unit Triplex with Garages

3-Unit Triplex with Garages

719 Hayts Road, Ithaca, NY 14850

$675,000

3,265 sqft 2.99 AC lot

2019 construction offers six bedrooms, five bathrooms, and updated finishes across three residential units.

Two-Unit Duplex with Lofts

Two-Unit Duplex with Lofts

134 Poole Road, Ithaca, NY 14850

$379,000

2,110 sqft 1.40 AC lot

Side-by-side residences offer separate utilities, private balconies, laundry facilities, and updated kitchens with stainless steel appliances.

7-Unit Victorian Apartment Building

7-Unit Victorian Apartment Building

502 N Tioga St, Ithaca, NY 14850

$1,100,000

5,655 sqft

Original interior details complement updated building systems, coin-operated laundry, and off-street parking.

Three-Unit Multifamily Property

Three-Unit Multifamily Property

707 Ridge Road, Lansing, NY 14882

$489,000

3,224 sqft 2.55 AC lot

Finished lower levels and individual decks complement the two-bedroom, two-bath layouts.

Triplex with Finished Basements

Triplex with Finished Basements

703 Ridge Road, Lansing, NY 14882

$489,000

3,224 sqft 1.89 AC lot

Three residential units include decks, laundry hookups, and full finished basements.

10-Unit Apartment Building

10-Unit Apartment Building

426 Winthrop Dr, Ithaca, NY 14850

$1,575,000

11,562 sqft

Brick multifamily property with air conditioning, resident storage, laundry facilities, and off-street parking.

Duplex with Covered Porches

Duplex with Covered Porches

209 N Meadow Street, Ithaca, NY 14850

$440,000

1,764 sqft 0.07 AC lot

The two apartments offer three-bedroom and two-bedroom layouts, with separate kitchens and bathrooms.

Historic Duplex with Park Views

Historic Duplex with Park Views

502 W Court Street, Ithaca, NY 14850

$345,000

2,262 sqft 0.11 AC lot

Two-unit property with five bedrooms, three bathrooms, off-street parking, and laundry facilities in each residence.

Renovated Duplex with Off-Street Parking

Renovated Duplex with Off-Street Parking

137 Fayette Street, Ithaca, NY 14850

$650,000

1,792 sqft

Two separate living spaces support a range of owner-occupancy and rental configurations.

Two-Unit Duplex with Updated Flooring

Two-Unit Duplex with Updated Flooring

158 Troy Road, Ithaca, NY 14850

$399,000

2,981 sqft 0.99 AC lot

Top-and-bottom configuration offers separate living spaces with natural-gas heating and public water service.

Leased Eight-Bedroom Multifamily Property

Leased Eight-Bedroom Multifamily Property

133 Linden Avenue, Ithaca, NY 14850

$995,000

2,510 sqft

Fully occupied rental property near Cornell University with CR3 zoning supporting three-story construction.

Duplex with Private Yard

Duplex with Private Yard

580 King Road W, Ithaca, NY 14850

$375,000

2,964 sqft 0.95 AC lot

Both residences have their own washer and dryer, with separate basement areas on each side.

Three-Unit Victorian Triplex

Three-Unit Victorian Triplex

128 Eddy Street, Ithaca, NY 14850

$950,000

3,446 sqft

Renovated historic residence offers three apartment layouts in a commercial-zoned Collegetown setting.

Triplex with Flexible Floor Plan

Triplex with Flexible Floor Plan

708 E Seneca Street, Ithaca, NY 14850

$925,000

3,266 sqft

Three-bedroom and four-bedroom layouts support whole-house leasing or separate-unit use.

Fourteen-Bedroom Multifamily Property

Fourteen-Bedroom Multifamily Property

306 Stewart Avenue, Ithaca, NY 14850

$895,000

4,507 sqft

Multiple kitchens and shared areas serve a multi-bedroom rental property near Cornell University.

Three-Bedroom Duplex With Extra Lot

Three-Bedroom Duplex With Extra Lot

112-114 Sunrise Road, Ithaca, NY 14850

$310,000

2,438 sqft

Two residential units feature bright interiors, covered porches, storage sheds, and separate off-street parking.

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Lansing, NY Multifamily Properties Market Trends and Statistics

Explore 71 multifamily properties for sale in Lansing, NY, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 254,890 square feet of properties for sale, with an estimated market value of $79,328,932.

Sale prices for multifamily properties in Lansing, NY start at $310,000, averaging $1,259,189, and reaching up to $16,129,032 — 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

Demographics Overview

Population 4,193

Population Growth (5Y) +3.0%

Median Household Income $94,886

College Educated 73.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
14882	$489K

Taxes & Financing

Tax Rate (average for all types) 0.62%

Property Tax per SF $31.19 per SF

Tax Rate vs County Average 0.22 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tompkins County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Tompkins County

Residential Income

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