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    Lansing, NY Residential Income Properties for Sale

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    34 results
    Ithaca Multi-Family Rental Property
    $395,000
    2,964 SF

    Ithaca Multi-Family Rental Property

    580 King Road W, Ithaca, NY 14850

    Multi-family rental property in Ithaca, NY with flexible layout.

    • Multi‑use rental property with self‑sufficient basement units, ideal for rental income or multi‑generational living.
    • Separate utility meters for each main unit, with basement units on a shared meter.
    • New septic system installed last year and recently replaced driveway drainage pipe.
    • Includes washer and dryer in each unit.
    • Located in a tranquil South Hill area, close to Ithaca College, schools, amenities, and services.
    Updated: Apr 16
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    Unique Duplex in Desirable Ithaca
    $395,000
    2,110 SF

    Unique Duplex in Desirable Ithaca

    134 Poole Road, Ithaca, NY 14850

    Two-unit property with modern amenities and investment potential.

    • Unique duplex in a desirable location, grandfathered property use sets it apart.
    • Two separate units, each with 2 bedrooms, 1.5 bathrooms, laundry, private balcony, and separate utilities.
    • Updated kitchens with stainless steel appliances and dark wood cabinetry.
    • Vacant as of July 31, ready for owner occupancy or investment.
    • Tall, open ceilings and an abundance of natural light.
    Updated: Apr 7
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    Ithaca Two-Family Investment Property
    $762,300
    3,597 SF

    Ithaca Two-Family Investment Property

    Well-maintained two-family property in Ithaca's desirable Northeast neighborhood.

    9 Sanctuary Drive, Ithaca, NY 14850
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    Ithaca Multifamily Investment Opportunity
    $995,000
    4,283 SF

    Ithaca Multifamily Investment Opportunity

    Prime Collegetown location near Cornell University with strong rental potential.

    411 Dryden Road, Ithaca, NY 14850
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    Collegetown Multi-Family Residence
    $1,000,000
    4,318 SF

    Collegetown Multi-Family Residence

    Premier multi-family residence in Collegetown, near Cornell University.

    505 Dryden Road, Ithaca, NY 14850
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    Ellis Hollow Four-Unit Rental Property
    $570,000
    2,713 SF

    Ellis Hollow Four-Unit Rental Property

    Fully rented four-unit property near Cornell's Vet School.

    1283 Ellis Hollow Road, Ithaca, NY 14850
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    Queen Anne Victorian Duplex
    $439,000
    2,052 SF

    Queen Anne Victorian Duplex

    Updated duplex near Ithaca Commons with original architectural details.

    414 W Seneca Street, Ithaca, NY 14850
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    Ithaca Two-Unit Tudor Home
    $318,000
    1,538 SF

    Ithaca Two-Unit Tudor Home

    Two-unit stucco Tudor near Ithaca College and downtown.

    308 Coddington Road, Ithaca, NY 14850
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    Architectural Apartments Near Cornell
    $1,100,000
    3,851 SF

    Architectural Apartments Near Cornell

    Five units near Cornell University with architectural appeal.

    119 Stewart Avenue, Ithaca, NY 14850
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    Ithaca Multifamily Property Near College
    $495,000
    2,859 SF

    Ithaca Multifamily Property Near College

    Two-unit multifamily property near Ithaca College and downtown.

    918 Danby Road, Ithaca, NY 14850
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    Craftsman Home in Downtown Ithaca
    $488,800
    1,931 SF

    Craftsman Home in Downtown Ithaca

    Charming Craftsman-style home converted into two living spaces.

    205 W Buffalo Street, Ithaca, NY 14850
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    Ithaca Duplex Near Downtown
    $379,000
    1,778 SF

    Ithaca Duplex Near Downtown

    Well-maintained duplex near downtown Ithaca with potential for conversion.

    329 W Buffalo Street, Ithaca, NY 14850
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    Ithaca Duplex on Acre Lot
    $365,000
    2,400 SF

    Ithaca Duplex on Acre Lot

    Two-unit duplex with income potential near Ithaca and Cornell.

    582 King Road W, Ithaca, NY 14850
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    Cornell Heights Duplex Investment Opportunity
    $349,000
    2,022 SF

    Cornell Heights Duplex Investment Opportunity

    Charming duplex near Cornell University, ideal for income property.

    150 Highland Avenue, Ithaca, NY 14850
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    Investment Property Near Cornell Law
    $925,000
    3,266 SF

    Investment Property Near Cornell Law

    Desirable investment property with excellent rental history near Cornell.

    708 E Seneca Street, Ithaca, NY 14850
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    Four-Unit Multifamily Property Near Colleges
    $690,000
    4,500 SF

    Four-Unit Multifamily Property Near Colleges

    Four-unit multifamily property near The Commons, Cornell, and Ithaca College.

    316 S Aurora Street, Ithaca, NY 14850
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    Ithaca Retreat Near Cornell
    $475,000
    2,024 SF

    Ithaca Retreat Near Cornell

    Meticulously maintained 4-bedroom home bordering East Ithaca Nature Preserve.

    109 Pine Tree Road, Ithaca, NY 14850
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    Collegetown Multi-Family Investment Opportunity
    $1,200,000
    3,997 SF

    Collegetown Multi-Family Investment Opportunity

    Multi-family property near Cornell University with 15 bedrooms.

    410 Stewart Avenue, Ithaca, NY 14850
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    Ithaca Multifamily Investment Opportunity
    $1,000,000
    2,358 SF

    Ithaca Multifamily Investment Opportunity

    Seven units near Cornell University in Collegetown, Ithaca.

    308 Fairmount Avenue, Ithaca, NY 14850
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    Spacious Multi-Family Ithaca Investment
    $1,025,000
    4,507 SF

    Spacious Multi-Family Ithaca Investment

    Multi-family property near Cornell University with steady income potential.

    306 Stewart Avenue, Ithaca, NY 14850
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    West Hill Duplex For Sale
    $420,000
    2,438 SF

    West Hill Duplex For Sale

    Duplex in Ithaca with investment or owner-occupier potential.

    112 Sunrise Road, Ithaca, NY 14850
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    Renovated Duplex in Ithaca's South Hill
    $535,000
    3,590 SF

    Renovated Duplex in Ithaca's South Hill

    Fully renovated duplex near Ithaca College with strong rental potential.

    702 Hudson Street, Ithaca, NY 14850
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    Student Housing Near Cornell University
    $5,400,000
    7,542 SF

    Student Housing Near Cornell University

    Fully leased student housing property near Cornell University.

    202 Linden Avenue, Ithaca, NY 14850
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    Approved Project Near Ithaca
    $350,000
    3.06 Acres

    Approved Project Near Ithaca

    Approved 16-unit apartment complex project near Cornell University.

    Cayuga Vista Drive, Lansing, NY 14882
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    Lansing, NY Residential Income Properties Investment Opportunities Market Analysis

    Explore 39 residential income properties for sale in Lansing, NY, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 93,117 square feet of properties for sale, with an estimated market value of $21,545,500.

    Sale prices for residential income properties in Lansing, NY start at $149,900, averaging $797,981, and reaching up to $5,400,000 — 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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    Operating Costs & Financing

    Lansing property taxes are below the county average by 0.22 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $31.19 per sq ft
    Tax Rate 0.62%
    Tax Rate vs County Average 0.22 pp below county avg
    Avg Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Apartment buildings 1
    Multifamily properties 1

    Lansing Demographics Overview

    Population 4,193
    Population Growth (5Y) +3.0%
    Median Household Income $94,886
    College Educated 73.6%

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