Residential Income

Alfred, NY Residential Income Properties for Sale

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Alfred Station, NY Hornell, NY Scio, NY Andover, NY Belmont, NY Almond, NY Angelica, NY Canisteo, NY
Six-Occupant Multifamily Property
Updated: Aug 19
Six-Occupant Multifamily Property

40 S Main St, Alfred, NY 14802

$219,500
3,450 sqft
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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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
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

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Recreation Land Camp Site
Recreation Land Camp Site

4389 Back River Road, Belmont, NY 14813

$34,900
0.25 AC lot

Recreational land near the Genesee River with a cased well and a level yard for weekend outdoor use.

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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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Land, Belmont, NY
Land, Belmont, NY

4491 Phillips Creek Road, Belmont, NY 14813

$37,500
1.00 AC lot

Residential land & home lots · 1.00 Acre

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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 Road 15, Angelica, NY 14709

$39,900
209,088 sqft 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 Land
Wooded Hunting Land

Pigtail Road, Friendship, NY 14739

Contact for pricing
10.50 AC lot

Mostly wooded recreational parcel with a natural spring, open timber areas, and electric service available along the road.

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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.

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Alfred, NY Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Alfred, NY on our real estate platform. These investment opportunities span a total of 3,450 square feet of properties for sale, with an estimated market value of $494,500.

Sale prices for residential investment 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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