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    Lansing, NY Multifamily Properties for Sale

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    14-Bedroom Apartment Building
    Updated: Jul 10
    14-Bedroom Apartment Building

    306 Stewart Avenue, Ithaca, NY 14850

    $955,000
    4,507 sqft 0.02 AC lot
    14 bedrooms and 5 bathrooms
    Multiple kitchens within a multi‑unit residential configuration
    Near Cornell University on Stewart Avenue
    0.02‑acre parcel
    1900 construction date
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    Wooded Duplex with Separate Apartment
    Updated: Jun 25
    Wooded Duplex with Separate Apartment

    300 Kline Road, Ithaca, NY 14850

    $719,000
    4,685 sqft 0.76 AC lot
    4,685‑square‑foot duplex on 0.76 acres
    Separate lower‑level apartment with private entrance, patio, two bedrooms, and full bath
    Seven bedrooms across the primary residence and apartment
    Finished walkout lower level with recreation room and direct outdoor access
    Wood‑burning fireplace, cathedral ceilings, skylights, and hardwood floors
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    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.

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    See what stands out in Tompkins County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

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    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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    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.

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    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.

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    8-Bedroom Multifamily Rental Home
    8-Bedroom Multifamily Rental Home

    129 Linden Avenue, Ithaca, NY 14850

    $995,000
    2,402 sqft

    Fully leased rental property near Cornell University with CR3 zoning and three-story redevelopment potential.

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    8-Bedroom Triplex
    8-Bedroom Triplex

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft 0.16 AC lot

    Wood-sided triplex with natural woodwork, zoned cooling, and a gas water heater.

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    Duplex with Private Deck
    Duplex with Private Deck

    580 King Road W, Ithaca, NY 14850

    $395,000
    2,964 sqft 0.95 AC lot

    Two-unit property with separate laundry, basement areas, and private outdoor space in South Hill.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    506 E Seneca Street, Ithaca, NY 14850

    $675,000
    4,168 sqft

    Historic-district apartment property with repainted exterior siding and dedicated parking.

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    Four-Unit Property with Bungalow
    Four-Unit Property with Bungalow

    327 Coddington Road, Ithaca, NY 14850

    $499,900
    4,056 sqft 0.84 AC lot

    Four distinct units are arranged across a primary house and detached two-story bungalow.

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    Triplex With Off-Street Parking
    Triplex With Off-Street Parking

    505 Dryden Road, Ithaca, NY 14850

    $1,000,000
    4,318 sqft 0.02 AC lot

    Three-unit rental property with 11 bedrooms, three bathrooms, and natural woodwork throughout the residence.

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    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.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    616 N Cayuga Street, Ithaca, NY 14850

    $599,000
    3,940 sqft

    Two-unit layout includes front porches, finished attic space, and individually metered utility service.

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    Two-Unit Duplex with Updated Flooring
    Two-Unit Duplex with Updated Flooring

    158 Troy Road, Ithaca, NY 14850

    $449,000
    2,981 sqft 0.99 AC lot

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

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    10-Bedroom Multifamily Property
    10-Bedroom Multifamily Property

    116 Cook Street, Ithaca, NY 14850

    $895,000
    2,973 sqft

    Room-by-room rental configuration near Cornell University with CR-3 zoning.

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    Duplex with Detached Tenant House
    Duplex with Detached Tenant House

    1115 Danby Road, Ithaca, NY 14850

    $499,000
    2,476 sqft 1.10 AC lot

    The property includes a primary residence and separate rental dwelling with updated roofs and public water.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    158 E State, Ithaca, NY 14850

    $1,845,000
    6,670 sqft

    Four-story mixed-use building with fully leased retail, business service, and apartment floors.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven apartments near Cornell feature varied layouts, on-site laundry, furnished options, and limited off-street parking.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    119 Stewart Avenue, Ithaca, NY 14850

    $1,100,000
    3,851 sqft

    Apartments feature hardwood floors, on-site laundry, off-street parking, and direct bus service.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    119 Stewart Avenue, Ithaca, NY 14850

    $1,100,000
    3,851 sqft 0.11 AC lot

    Five residences feature hardwood floors, high ceilings, laundry, and off-street parking.

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    Collegetown Multifamily Investment Opportunity
    Collegetown Multifamily Investment Opportunity

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven units near Cornell University in desirable Collegetown location.

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    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.

    View details

    Lansing, NY Multifamily Properties Market Trends and Statistics

    Explore 54 multifamily properties for sale in Lansing, NY, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 277,012 square feet of properties for sale, with an estimated market value of $58,022,932.

    Sale prices for multifamily properties in Lansing, NY start at $310,000, averaging $1,415,193, 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

    Triplexes 3

    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 pricing trends across core commercial property types in Tompkins County

    Office

    Residential Income

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    Most Searched ZIP Codes in Lansing, NY

    • 14850
    • 14882
    • 14580

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