Saranac Lake, NY Multifamily properties for sale

Updated: Oct 22

Four-Unit Multifamily Building

79 Franklin Avenue, Saranac Lake, NY 12983

$425,000

3,442 sqft

Four apartments: one 2‑bedroom, 1‑bath unit and three 1‑bedroom, 1‑bath units
3,442 square feet; built in 1930
Separate 100‑amp electrical service and meter for each apartment
Roof replaced in 2021; electrical updated and most plumbing converted to PEX
Paved rear parking area accommodates 4+ cars

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Updated: Sep 12

Three-Unit Triplex

68 Virginia Street, Saranac Lake, NY 12983

$215,000

2,034 sqft 0.08 AC lot

Three‑unit triplex with two one‑bedroom units and one two‑bedroom unit
2,034 square feet of building area on 0.08 acres
Common laundry area serves the residential units
Roof replaced approximately six years ago
Built in 1910

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Apartment Building with Balconies

9 River Street, Saranac Lake, NY 12983

$1,200,000

6,811 sqft 0.27 AC lot

Historic multifamily property with lake proximity, renovated space, and shared outdoor areas.

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Waterfront Four-Unit Apartment Building

317 Lake Flower Avenue, Saranac Lake, NY 12983

$649,000

Three-floor apartment configuration includes varied unit sizes, individual entrances and a dock on Lake Flower.

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Two-Unit Duplex with Outbuildings

66 Bloomingdale Avenue, Saranac Lake, NY 12983

$299,000

2,315 sqft 0.37 AC lot

Residential property with two-story apartments, private entrances, laundry, outdoor space, and public utilities in Saranac Lake.

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Mixed-Use Building with Apartments

27 Woodruff Street, Saranac Lake, NY 12983

$490,000

4,680 sqft 0.05 AC lot

Commercially zoned property combining main-level retail, rear living space, and four upper-floor apartments.

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Two-Apartment Historic Duplex

46 St Bernard, Saranac Lake, NY 12983

$289,000

1,670 sqft 0.12 AC lot

Downtown duplex with one occupied apartment and a refreshed upper unit ready for its next resident.

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Mixed-Use Property With Apartments

29 Woodruff St, Saranac Lake, NY 12983

$599,000

Four residential apartments accompany an established community-serving tenant in a walkable downtown setting.

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Four-Level Mixed-Use Building

86 Main Street, Saranac Lake, NY 12983

$990,000

14,652 sqft 0.50 AC lot

Brick commercial property with medical office space, apartment plans, and an installed elevator.

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Renovated Triplex

137 Charles Street, Saranac Lake, NY 12983

$389,000

3,060 sqft 0.18 AC lot

Three-unit residential income property with tenant-paid utilities and convenient access to downtown, schools, parks, and lakes.

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Multifamily Property with Mountain Features

133-139 Broadway, Saranac Lake, NY 12983

$1,225,000

1930-built multifamily property with oil-fired hot water, an unfinished full basement, and electric kitchen appliances.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 11 Active listings in Saranac Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Three-Unit Residential Income Property

1656 State Rte 3, Bloomingdale, NY 12913

$315,000

2,800 sqft 0.08 AC lot

Three apartments include a larger main unit and two additional residences in Bloomingdale.

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Mixed-Use Property with Apartments

2276-2284 Saranac Avenue, Lake Placid, NY 12946

$2,060,000

9,227 sqft 0.95 AC lot

Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.

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3-Unit Riverfront Triplex

1656 State Rte 3, Bloomingdale, NY 12913

$315,000

2,800 sqft

The property combines a larger primary apartment with two additional residential units and river access.

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Duplex with Lake Views

26 Parkside Drive, Lake Placid, NY 12946

$799,000

2,072 sqft 0.19 AC lot

Two self-contained apartments offer flexible residential income and short-term rental use near downtown Lake Placid.

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Off-Market Properties in Saranac Lake, NY

Consider similar Off-Market properties in Saranac Lake, 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.

MOBILE HOME PARK, TRAILER PARK

2 Bonita Way, Saranac Lake, NY 12983-2474

Estimated value:

$220,000

756 sqft 0.50 AC lot

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MOBILE HOME PARK, TRAILER PARK

Adirondack Airport Community, Saranac Lake, NY 12983

Estimated value:

$1,090,000

1,280 sqft 18.21 AC lot

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MOBILE HOME PARK, TRAILER PARK

57 County Rte 55, Saranac Lake, NY 12983

Estimated value:

$260,000

1,064 sqft 9.60 AC lot

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Multifamily properties

9 River St, Saranac Lake, NY 12983

Estimated value: by Request

6,811 sqft 0.27 AC lot

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CAMPGROUND, RV PARK

4426 State Rte 30, Saranac Lake, NY 12983-3049

Estimated value:

$255,000

5,970 sqft 700.00 AC lot

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CAMPGROUND, RV PARK

58 Cp Colby Rd, Saranac Lake, NY 12983-5423

Unit 107

Estimated value:

$245,000

360 sqft 102.10 AC lot

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Saranac Lake, NY Multifamily Properties Market Trends and Statistics

Explore 17 multifamily properties for sale in Saranac Lake, NY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 38,664 square feet of properties for sale, with an estimated market value of $6,770,000.

Sale prices for multifamily properties in Saranac Lake, NY start at $215,000, averaging $615,454, and reaching up to $1,225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
12983	$652.7K

Neighborhood

Average Price

12983

$652.7K