Residential Income

Lansing, NY Residential Income Properties for Sale

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Renovated Duplex with Deck
Updated: Aug 20
Renovated Duplex with Deck

580 King Road W, Ithaca, NY 14850

$395,000
2,964 sqft 0.95 AC lot
Duplex contains 2,964 square feet on 0.95 acres
Fully rented with established rental history
Recently renovated with updated appliances and fresh paint
Washer and dryer provided for each living area
Separate electric meters serve the two main areas
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580 King Road W, Ithaca, NY 14850

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Two-Building Four-Unit Quadplex
Updated: Jul 6
Two-Building Four-Unit Quadplex

327 Coddington Road, Ithaca, NY 14850

$510,000
4,056 sqft 0.84 AC lot
Four‑unit property with three units in the main house and a detached two‑story bungalow
4,056 square feet across two buildings on 0.84 acres
Two tenant leases extend through July 2027
Owner’s unit includes maple cabinetry, granite countertops, breakfast bar, fireplace, bonus room, and covered patio access
Professional home inspections and radon tests completed for both structures
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Wooded Duplex with Separate Apartment
Wooded Duplex with Separate Apartment

300 Kline Road, Ithaca, NY 14850

$719,000
4,685 sqft 0.76 AC lot

Versatile two-unit residence with wooded surroundings, flexible living areas, and convenient access to Cornell and downtown Ithaca.

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14-Bedroom Apartment Building
14-Bedroom Apartment Building

306 Stewart Avenue, Ithaca, NY 14850

$975,000
4,507 sqft 0.02 AC lot

Multi-unit rental property near Cornell University with multiple kitchens, shared areas, and a patio and porch.

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Ithaca Multifamily Apartment Building
Ithaca Multifamily Apartment Building

526 Seneca Street West, Ithaca, NY 14850

$1,420,000
9,893 sqft

Five-unit apartment building in Ithaca's West End.

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Duplex with Detached Tenant House
Duplex with Detached Tenant House

1115 Danby Road, Ithaca, NY 14850

$509,000
2,476 sqft 1.10 AC lot

The property includes a primary residence and separate rental dwelling with updated roofs and public water.

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3-Unit Triplex with Garages
3-Unit Triplex with Garages

719 Hayts Road, Ithaca, NY 14850

$675,000
3,265 sqft 2.99 AC lot

2019 construction offers six bedrooms, five bathrooms, and updated finishes across three residential units.

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Renovated Downtown Duplex
Renovated Downtown Duplex

137 Fayette Street, Ithaca, NY 14850

$650,000
1,792 sqft 0.10 AC lot

Two flexible living units combine updated interiors, private residential space, and supplemental rental potential in downtown Ithaca.

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14-Bedroom Apartment Building
14-Bedroom Apartment Building

306 Stewart Avenue, Ithaca, NY 14850

$975,000
4,000 sqft

Multi-unit configuration with multiple kitchens, shared areas, and durable flooring near Cornell University.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

707 Ridge Road, Lansing, NY 14882

$489,000
3,224 sqft 2.55 AC lot

Finished lower levels and individual decks complement the two-bedroom, two-bath layouts.

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Triplex with Finished Basements
Triplex with Finished Basements

703 Ridge Road, Lansing, NY 14882

$489,000
3,224 sqft 1.89 AC lot

Three residential units include decks, laundry hookups, and full finished basements.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

525 W GREEN ST, Ithaca, NY 14850

$549,000
4,210 sqft

Well-maintained quadplex with new roof, updated interiors, separate gas and electric utilities, and four currently rented units.

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Triplex with Eight Off-Street Parking Spaces
Triplex with Eight Off-Street Parking Spaces

505 Dryden Road, Ithaca, NY 14850

$1,000,000
4,318 sqft 0.02 AC lot

Triplex on a small lot with eight off-street parking spaces, public water, zoned heating and cooling, and an asphalt roof.

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8-Bedroom Triplex with Zoned HVAC
8-Bedroom Triplex with Zoned HVAC

411 Dryden Road, Ithaca, NY 14850

$995,000
4,283 sqft 0.16 AC lot

Triplex residence with eight bedrooms and four bathrooms, zoned heating and cooling, plus public water at 411 Dryden Road.

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Leased Eight-Bedroom Multifamily Property
Leased Eight-Bedroom Multifamily Property

133 Linden Avenue, Ithaca, NY 14850

$995,000
2,510 sqft

Fully occupied rental property near Cornell University with CR3 zoning supporting three-story construction.

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Duplex with Two Street Entrances
Duplex with Two Street Entrances

616 N Cayuga Street, Ithaca, NY 14850

$599,000
3,940 sqft

Duplex built in 1890 featuring two street-front doors, separate utilities, and a finished attic space.

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5-Unit Apartment Building
5-Unit Apartment Building

119 Stewart Avenue, Ithaca, NY 14850

$1,100,000
3,851 sqft

Apartments feature hardwood floors, on-site laundry, off-street parking, and direct bus service.

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Top and Bottom Duplex
Top and Bottom Duplex

158 Troy Road, Ithaca, NY 14850

$449,000
2,981 sqft 0.99 AC lot

Top and bottom duplex with three bedrooms and 1.5 baths per unit on public water service.

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Five-Unit Apartment Building with Parking
Five-Unit Apartment Building with Parking

218 Delaware Ave, Ithaca, NY 14850

$1,450,000
5,154 sqft

Five rental units with off-street parking and varied unit layouts totaling 19 bedrooms and two baths.

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Two-Family Duplex with Separate Electric Meters
Two-Family Duplex with Separate Electric Meters

225 Snyder Hill Road, Ithaca, NY 14580

$398,000
2,241 sqft

Well-maintained two-family duplex with separate electric meters, updated kitchens, and ample off-street parking with carport.

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Historic Seven-Unit Apartment Building
Historic Seven-Unit Apartment Building

210 Delaware Ave, Ithaca, NY 14850

$1,450,000
8,018 sqft

Seven-apartment building totaling 19 bedrooms, with recent window replacements and porch repairs.

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Seven-Unit Apartment Building with Coin Laundry
Seven-Unit Apartment Building with Coin Laundry

308 Fairmount Avenue, Ithaca, NY 14850

$1,000,000
2,358 sqft

Seven units with coin laundry on site, featuring four one-bedroom and three two-bedroom apartments in a 1925 building.

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New Ithaca Duplex Near Corridor
New Ithaca Duplex Near Corridor

209 Meadows Street North, Ithaca, NY 14850

$460,000
1,764 sqft

Newly constructed duplex in Ithaca's West End, flexible for occupants.

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Triplex with Deck and Porch
Triplex with Deck and Porch

708 E Seneca Street, Ithaca, NY 14850

$925,000
3,266 sqft

Triplex built in 1913 with a spacious backyard, deck, front porch, driveway parking, and flexible 4- and 3-bedroom layout.

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Lansing, NY Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Lansing, NY, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 302,528 square feet of properties for sale, with an estimated market value of $48,284,950.

Sale prices for residential income properties in Lansing, NY start at $110,000, averaging $877,908, and reaching up to $12,000,000 — 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 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
14882 $350K

Taxes & Financing

Tax Rate (average for all types) 0.62%
Property Tax per SF $31.19 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tompkins County

New Delisted

Total CRE Inventory on Market (SF)

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