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Active
  • Price cut: $25K (6/12)
    $399,900

    31 Clayton Ave, Cortland, NY 13045

    12beds
    2,652sqft
    Loading
    Multi Family
    Built in 1900
    -- sqft lot
    $372,700 Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.
    74 days
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    244
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    The Real Estate Agency 315-604-0718,

    Matthew Chalanick 315-604-0718

    Source: NYSAMLSs,MLS#: S1686878MLS LogoOriginating MLS: Syracuse

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood, Tile, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,652
      • Total interior livable area: 2,652 sqft

      Property

      Parking
      • Parking features: Paved, Two or More Spaces
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 7,091 Square Feet
      • Dimensions: 60 x 118
      • Features: Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 11020008606600010020000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • Resale
      • Year built: 1900

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Cortland

      Financial & listing details

      • Price per square foot: $151/sqft
      • Tax assessed value: $235,000
      • Annual tax amount: $249,326
      • Date on market: 6/2/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $372,700

        $354,000 - $391,000

        $1,402/mo

        Price history

        DateEventPrice
        6/12/2026Price change$399,900-5.9%$151/sqft
        Source: NYSAMLSs #S1686878 Report a problem
        6/2/2026Price change$424,900-4.5%$160/sqft
        Source: NYSAMLSs #S1686878 Report a problem
        3/18/2026Pending sale$444,900$168/sqft
        Source: NYSAMLSs #S1650039 Report a problem
        11/21/2025Listed for sale$444,900-69.8%$168/sqft
        Source: NYSAMLSs #S1650039 Report a problem
        7/25/2023Listing removed--
        Source: NYSAMLSs #S1452625 Report a problem
        2/2/2023Listed for sale$1,472,000+390.8%$555/sqft
        Source: NYSAMLSs #S1452625 Report a problem
        11/13/2010Listing removed$299,900$113/sqft
        Source: Warren Real Estate Report a problem
        7/29/2010Listed for sale$299,900-2%$113/sqft
        Source: Systems Engineering, Inc. #132135 Report a problem
        12/21/2006Sold$306,000+118.6%$115/sqft
        Source: Public Record Report a problem
        7/14/1999Sold$140,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $235,000
        2024-- $235,000 +11.3%
        2023-- $211,200
        2022-- $211,200
        2021-- $211,200
        2020-- $211,200
        2019-- $211,200
        2018-- $211,200
        2017$10,761 $211,200
        2016-- $211,200
        2015-- $211,200
        2014-- $211,200
        2013-- $211,200
        2012-- $211,200
        2011-- $211,200 -8.7%
        2010-- $231,400
        2009-- $231,400
        2008-- $231,400 +54.3%
        2007-- $150,000 +26.1%
        2006-- $119,000
        2005-- $119,000
        2004-- $119,000
        2003-- $119,000
        2002-- $119,000
        2001-- $119,000
        2000-- $119,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 13045

        Getting around

        78 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cortland

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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