Investor’s dream or perfect addition to your portfolio! Pictures are pre-tenants moving in to protect their privacy. This two-unit property is fully rented and generating steady income — Unit 1 at $900/month and Unit 2 at $875/month, plus tenant-pay utilities. Each apartment offers spacious layouts, bright living areas, and functional kitchens and baths. Separate entrances and utilities provide easy management and privacy for tenants. Conveniently located in the City of Cortland, close to SUNY Cortland, downtown shops, and local bus routes. With reliable long-term tenants already in place, this is a turnkey opportunity, a solid property in a high-demand rental area — come see why this South Ave duplex stands out as a smart, stable investment!
Property Details
Price:
$154,900
MLS #:
S1642913
Status:
Pending
Beds:
6
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Wayne L & Noreen Parrell-
Neighborhood:
cortland110200
Listed Date:
Oct 6, 2025
Finished Sq Ft:
2,455
Total Sq Ft:
2,455
Lot Size:
3,944 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Cortland
Interior
Appliances
See Remarks, Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Hardwood, Varies
Heating
Gas, Forced Air
Exterior
Architectural Style
Duplex
Construction Materials
Other, See Remarks
Exterior Features
Balcony
Parking Features
Common, Two Or More Spaces
Roof
Shingle
Financial
Taxes
$5,373
Map
Community
- Address51 South Avenue Cortland NY
- SubdivisionWayne L & Noreen Parrell-
- CityCortland
- CountyCortland
- Zip Code13045
Subdivisions in Cortland
Market Summary
Current real estate data for Multi Family in Cortland as of Mar 08, 2026
24
Multi Family Listed
120
Avg DOM
97
Avg $ / SqFt
$250,817
Avg List Price
Property Summary
- Located in the Wayne L & Noreen Parrell- subdivision, 51 South Avenue Cortland NY is a Multi Family for sale in Cortland, NY, 13045. It is listed for $154,900 To schedule a showing of MLS#s1642913 at 51 South Avenue in Cortland, NY, contact your Concrete Jungle Realty agent at 3472420937.
Similar Listings Nearby
Courtesy of Berkshire Hathaway HomeServices Heritage Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 51 South Avenue
Cortland, NY



