Turnkey 2-unit investment opportunity with strong income and clear upside potential. This property features two spacious 3-bedroom, 1-bath units with separate utilities, making it ideal for clean expense management and improved cash flow. Current rents total $2,550/month, with the downstairs unit at $1,200 and the upstairs unit at $1,350. Both tenants are on month-to-month leases, providing immediate flexibility for an investor to adjust rents and increase returns. Additional features include a full basement, off-street parking with a driveway and garage, and a convenient location near public transportation and local amenities. Whether you’re looking to expand your portfolio or implement a value-add strategy, this property offers a solid foundation with built-in upside at an attractive price point. 48-hour notice required due to tenants.
Under contract
$215,000
159 Murray St, Binghamton, NY 13905
6beds
2,506sqft
Multi Family
Built in 1900
-- sqft lot
$205,200 Zestimate®
$86/sqft
$-- HOA
What's special
Full basement
- 130 days |
- 58 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Gilbo Realty LLC 315-752-9513,
Shawn Cregg 315-391-3806
Source: NYSAMLSs,MLS#: S1665253
Originating MLS: Syracuse
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Baseboard
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,506
- Total interior livable area: 2,506 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Paved, One Space
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence
- Fencing: Partial
Lot
- Size: 4,316 Square Feet
- Dimensions: 52 x 83
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 03020016002300030320000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Newell Place
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $63,400
- Annual tax amount: $4,174
- Date on market: 3/6/2026
- Cumulative days on market: 131 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
Zestimate®
$205,200
Estimated sales range
$195,000 - $215,000
Rent Zestimate®
$1,231/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Contingent | $215,000$86/sqft |
Source: | ||
| 4/1/2026 | Price change | $215,000-2.3%$86/sqft |
Source: | ||
| 3/27/2026 | Price change | $220,000-2.2%$88/sqft |
Source: | ||
| 3/20/2026 | Price change | $225,000-2.2%$90/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $230,000+35.3%$92/sqft |
Source: | ||
| 12/7/2023 | Listing removed | -- |
Source: | ||
| 9/25/2023 | Listed for sale | $170,000+148.2%$68/sqft |
Source: | ||
| 4/9/2018 | Listing removed | $68,500$27/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 3/19/2017 | Price change | $68,500-0.7%$27/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 3/17/2017 | Price change | $69,000+0.7%$28/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 11/11/2016 | Price change | $68,500-0.7%$27/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 5/20/2016 | Listed for sale | $69,000$28/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 4/18/2016 | Listing removed | $69,000$28/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 4/1/2016 | Price change | $69,000-4.2%$28/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 3/21/2016 | Price change | $72,000-0.7%$29/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 5/30/2015 | Pending sale | $72,500$29/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 4/20/2015 | Price change | $72,500-34%$29/sqft |
Source: CENTURY 21 Sbarra & Wells #198611 Report a problem | ||
| 1/23/2011 | Listed for sale | $109,900+57%$44/sqft |
Source: Showcase Technologies #178121 Report a problem | ||
| 3/13/2008 | Sold | $70,000-15.2%$28/sqft |
Source: Public Record Report a problem | ||
| 2/1/2008 | Listed for sale | $82,500-15.4%$33/sqft |
Source: NCI #162420 Report a problem | ||
| 12/26/2007 | Listing removed | $97,500$39/sqft |
Source: Postlets #162420 Report a problem | ||
| 12/7/2007 | Listed for sale | $97,500$39/sqft |
Source: Postlets #162420 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $63,400 |
| 2024 | -- | $63,400 |
| 2023 | -- | $63,400 |
| 2022 | -- | $63,400 |
| 2021 | -- | $63,400 |
| 2020 | -- | $63,400 |
| 2019 | -- | $63,400 |
| 2018 | -- | $63,400 |
| 2017 | $3,866 +12.9% | $63,400 |
| 2016 | $3,424 | $63,400 |
| 2015 | $3,424 | $63,400 |
| 2014 | $3,424 | $63,400 |
| 2013 | -- | $63,400 |
| 2012 | -- | $63,400 |
| 2011 | -- | $63,400 |
| 2010 | -- | $63,400 |
| 2009 | -- | $63,400 |
| 2008 | -- | $63,400 |
| 2007 | -- | $63,400 |
| 2006 | -- | $63,400 |
| 2005 | -- | $63,400 |
| 2004 | -- | $63,400 |
| 2003 | -- | $63,400 |
| 2002 | -- | $63,400 |
| 2001 | -- | $63,400 |
| 2000 | -- | $63,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13905
Nearby schools
GreatSchools rating
- 5/10Horace Mann SchoolGrades: PK-5Distance: 0.6 mi
- 5/10West Middle SchoolGrades: PK,6-8Distance: 1 mi
- 3/10Binghamton High SchoolGrades: PK,9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Binghamton
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $200,7008 bd3 ba2.3k sqft161 Murray St, Binghamton, NY 13905Off Market
Save 
- $--3 bd1 ba800 sqft161 Murray St #2, Binghamton, NY 13905Off Market
Save 
- $--5 bd2 ba1.2k sqft161 Murray St #1, Binghamton, NY 13905Off Market
Save - $45,0006 bd-- ba1.8k sqft38 Gerard Ave, Binghamton, NY 13905Sold
Save 
- $472,50010 bd4 ba5k sqft125 Murray St, Binghamton, NY 13905For Sale
Save - $--3 bd1 ba1k sqft157 Murray St #1, Binghamton, NY 13905Off Market
Save - $---- bd-- ba3.1k sqft157 Murray St, Binghamton, NY 13905Off Market
Save - $26,300-- bd-- ba-- sqft163 Murray St, Binghamton, NY 13905Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
Contact an agent




