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    Alfred, NY
    Residential Income

    Alfred, NY Residential Income Properties for Sale

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    Alfred Station, NY Hornell, NY Almond, NY Scio, NY Andover, NY Belmont, NY Angelica, NY Canisteo, NY
    Alfred Triplex Near Universities
    Updated: Mar 11
    Alfred Triplex Near Universities

    1 Reynolds St, Alfred, NY 14802

    $275,000
    0.15 AC lot
    Income‑generating property currently rented through the academic year
    Located near Alfred State and Alfred University campuses
    Three units: one 4‑bedroom and two 2‑bedroom apartments
    Rent is $2500 per person per semester (with a $100 discount for on‑time payment)
    Potential income based on 8 tenants at $2400 per semester
    View details
    Six-Occupant Multifamily Property
    Updated: Aug 13
    Six-Occupant Multifamily Property

    40 South Main Street, Alfred, NY 14802

    $219,500
    Multifamily property at 40 South Main Street in Alfred, NY
    Built in 1940
    Operating model based on 6 occupants
    Utilities included except internet
    No renters currently in place for the semester
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alfred, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Building with Vacant Commercial Space
    Mixed-Use Building with Vacant Commercial Space

    283 Canisteo St, Hornell, NY 14843

    Contact for pricing
    5,032 sqft

    Two apartments accompany a ground-floor commercial area, with vacant space available for an owner-user.

    View details
    Mixed-Use Building With Storefront
    Mixed-Use Building With Storefront

    33 West Main Street, Angelica, NY 14709

    $135,000

    Commercially zoned property combines a storefront with two legally recognized residential units.

    View details
    Triplex with Attached Garage
    Triplex with Attached Garage

    16 Pleasant Street, Hornell, NY 14843

    $139,900

    Separate rental units, an attached garage, and off-street parking support a practical income-property configuration.

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    Two-Park Mobile Home Community Package
    Two-Park Mobile Home Community Package

    145 E. Main St, Angelica, NY 14709

    Contact for pricing

    Sale offering combines two mobile home parks in Angelica, New York.

    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.

    Recreational Land Near Angelica Village
    Recreational Land Near Angelica Village

    7649 County Rd 15 Rd, Angelica, NY 14709

    $39,900
    4.80 AC lot

    4.8-acre recreational land with creek access and utilities.

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    Recreation Land with Creek Access
    Recreation Land with Creek Access

    7649 County Rd 15, Angelica, NY 14709

    $39,900
    4.80 AC lot

    Residential-zoned land with Baker Creek access and an installed electric service for camper or RV use.

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    Wooded Hunting and Recreation Land
    Wooded Hunting and Recreation Land

    Pigtail Road, Friendship, NY 14739

    Contact for pricing
    10.50 AC lot

    Mostly wooded acreage with road frontage, spring water, and open areas suitable for recreation and food plots.

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    Hunting Land with County Road Frontage
    Hunting Land with County Road Frontage

    VL White Creek Road, Friendship, NY 14739

    $49,900
    20.91 AC lot

    Three-parcel hunting property with open areas, hardwoods, and 625 feet of frontage on County Route 17.

    View details

    Alfred, NY Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Alfred, NY on our real estate platform.

    Sale prices for residential income properties in Alfred, NY start at $219,500, averaging $247,250, and reaching up to $275,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Triplexes 1

    Demographics Overview

    Population 4,627
    Population Growth (5Y) +8.8%
    Median Household Income $44,659

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    14802 $247.3K

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

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