Residential Income

Lake Placid, NY Residential Income Properties for Sale

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Equestrian Property with Guest Apartment
Updated: Jul 25
Equestrian Property with Guest Apartment

143 AVERYVILLE LN., Lake Placid, NY 12946

$749,888
7,000 sqft 1.32 AC lot
1.32‑acre equestrian property in Lake Placid
7,000 square feet with a main residence and separate two‑story apartment
Four‑stall horse barn with hay loft and three‑sided shed
Multiple electric‑fenced corrals with double 12‑foot gates
Heated two‑car garage with 9,000‑lb vehicle lift and 220‑volt service
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Mixed-Use Property with Apartments
Updated: Aug 22
Mixed-Use Property with Apartments

2276-2284 Saranac Avenue, Lake Placid, NY 12946

$2,060,000
9,227 sqft 0.95 AC lot
10‑unit mixed‑use building with 8 apartments and 2 main‑level office spaces
Apartment mix includes 2 studios, 4 one‑bedroom units, and 2 two‑bedroom units
Separate 1‑bedroom, 1‑bath cottage behind the main building
Four‑unit office building with storage bins, kitchen, conference room, half bath, and additional storage
Combined property size of 9,227 square feet on 0.95 acres
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Mixed-Use Building with Rental Units
Mixed-Use Building with Rental Units

2720 Main Street, Lake Placid, NY 12946

$710,000
3,888 sqft 0.20 AC lot

Fully leased configuration combines apartments with office and retail space in a Village Center district setting.

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9-Unit Two-Bedroom Apartment Building
9-Unit Two-Bedroom Apartment Building

5983 Sentinel Rd, Lake Placid, NY 12946

$1,165,000

Each residence includes a full kitchen and bathroom, with on-site parking and access to a nearby trolley stop.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

41 School Street, Lake Placid, NY 12946

$375,000
1,518 sqft

Two apartment units offer open layouts, bright interiors, and refreshed bathrooms in a walkable Lake Placid setting.

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Quadplex with Separate Buildings
Quadplex with Separate Buildings

113 Parkside Drive, Lake Placid, NY 12946

$575,000
3,712 sqft 0.20 AC lot

Four rented apartments across two buildings with shared laundry, on-site parking, and separately metered utilities.

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Historic Duplex with Horse Facilities
Historic Duplex with Horse Facilities

Lake Placid, NY 12946

$749,888
1.32 AC lot

Historic duplex with a separate apartment, garages, workshop, and equestrian improvements on a rural New York property.

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Duplex with Lake Views
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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10-Unit Mixed-Use Property
10-Unit Mixed-Use Property

2276-2284 Saranac Avenue, Lake Placid, NY 12946

$2,060,000

Two commercial buildings combine apartments, office suites, a cottage, parking, and shared tenant amenities.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

Apartment Building with Balconies
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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Turnkey Mixed-Use Property
Turnkey Mixed-Use Property

14233 Main St, Au Sable Forks, NY 12912

$378,995
1.50 AC lot

Downtown mixed-use building with two commercial tenants and three residential units, with recent systems work completed.

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High-Performing Multifamily Portfolio in Ausable Forks
High-Performing Multifamily Portfolio in Ausable Forks

Au Sable Forks, NY 12912

Contact for pricing
7,326 sqft

Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

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Two-Apartment Historic Duplex
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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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.

Vacant Lot in Lake Placid
Vacant Lot in Lake Placid

Lake Placid Club Way, Lake Placid, NY 12946

$385,000
1.66 AC lot

Rare vacant lot near Lake Placid Club. Ideal dream home.

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Wooded Commercial Land
Wooded Commercial Land

Hadjis Way, Lake Placid, NY 12946

$1,550,000
8.71 AC lot

High-density mixed-use zoning with utilities available and direct access to a recreational trail system.

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Residential Lot in Lake Placid
Residential Lot in Lake Placid

Cobble Hill Road, Lake Placid, NY 12946

$425,000
1.15 AC lot

1.15-acre wooded building lot near Main St. and Mirror Lake.

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Vacant Lot on Golf Course
Vacant Lot on Golf Course

10 Spread Eagle Way, Lake Placid, NY 12946

$499,900
0.39 AC lot

Residential land on golf course near Lake Placid amenities.

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Off-Market Properties in Lake Placid, NY

Consider similar Off-Market properties in Lake Placid, 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.

10 Conifer Cir Way
CAMPGROUND, RV PARK

10 Conifer Cir Way, Lake Placid, NY 12946-1886

Estimated value:
$330,000
1,320 sqft 22.55 AC lot
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5794 Cascade Rd
MOBILE HOME PARK, TRAILER PARK

5794 Cascade Rd, Lake Placid, NY 12946-3735

Estimated value:
$635,000
10,408 sqft 51.59 AC lot
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985 Adirondack Loj Rd
CAMPGROUND, RV PARK

985 Adirondack Loj Rd, Lake Placid, NY 12946

Estimated value:
$905,000
4,764 sqft 640.40 AC lot
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Lake Placid, NY Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Lake Placid, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 27,417 square feet of properties for sale, with an estimated market value of $9,243,776.

Sale prices for residential income properties in Lake Placid, NY start at $375,000, averaging $1,027,086, and reaching up to $2,060,000 — 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 9
Apartment buildings 3
Duplexes 3
Quadplexes 1
Short term rental properties 1

Demographics Overview

Population 4,805
Population Growth (5Y) +0.3%
Median Household Income $78,261
College Educated 67.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
12946 $1M

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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