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  • $140,000

    51 South Ave, Cortland, NY 13045

    6beds
    2,455sqft
    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $143,700 Zestimate®
    $57/sqft
    $1,511 Estimated rent

    Home value

    $143,700

    Estimated sales range

    Not available

    $1,511/mo

    Zestimate® history
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    $901/mo

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    $901/mo

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    What's special

    Functional kitchensSpacious layouts
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Cullip 607.261.0439,

    Berkshire Hathaway HomeServices Heritage Realty

    Bought with:

    Julia Duffee, 30HO1025341

    Warren Real Estate of Ithaca Inc.

    Source: NYSAMLSs,MLS#: S1642913MLS LogoOriginating MLS: Cortland

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Forced Air
    Appliances
    • Included: See Remarks, Water Heater
    Features
    • Attic
    • Flooring: Hardwood, Varies
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,455
    • Total interior livable area: 2,455 sqft

    Property

    Parking
    • Parking features: Common, Two or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    Lot
    • Size: 3,942 Square Feet
    • Dimensions: 43 x 89
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 11020008608100030110000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Other, See Remarks
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Wayne L & Noreen Parrell-
    Location
    • Region: Cortland

    Financial & listing details

    • Price per square foot: $57/sqft
    • Tax assessed value: $150,000
    • Annual tax amount: $5,373
    • Date on market: 10/6/2025
    • Cumulative days on market: 57 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/15/2026Sold$140,000-9.6%$57/sqft
    Source: NYSAMLSs #S1642913 Report a problem
    1/6/2026Pending sale$154,900$63/sqft
    Source: NYSAMLSs #S1642913 Report a problem
    12/4/2025Contingent$154,900$63/sqft
    Source: NYSAMLSs #S1642913 Report a problem
    10/6/2025Listed for sale$154,900+64.8%$63/sqft
    Source: NYSAMLSs #S1642913 Report a problem
    2/28/2025Listing removed$925
    Source: NYSAMLSs #S1588535 Report a problem
    2/12/2025Listed for rent$925+2.8%
    Source: NYSAMLSs #S1588535 Report a problem
    10/13/2023Listing removed--
    Source: NYSAMLSs #S1502075 Report a problem
    10/4/2023Listed for rent$900
    Source: NYSAMLSs #S1502075 Report a problem
    1/6/2021Listing removed--
    Source: NYSAMLSs Report a problem
    11/19/2020Price change$900-5.3%
    Source: Yaman Real Estate #S1302380 Report a problem
    11/10/2020Price change$950-5%
    Source: Yaman Real Estate #S1302380 Report a problem
    10/20/2020Listed for rent$1,000+33.3%
    Source: Yaman Real Estate #S1302380 Report a problem
    5/10/2020Listing removed$750
    Source: Yaman Real Estate #S1262575 Report a problem
    5/2/2020Listed for rent$750-16.7%
    Source: Yaman Real Estate #S1262575 Report a problem
    7/30/2019Listing removed$900
    Source: Yaman Real Estate #S1200588 Report a problem
    7/28/2019Price change$900-10%
    Source: Yaman Real Estate #S1200588 Report a problem
    6/15/2019Listed for rent$1,000
    Source: Yaman Real Estate #S1200588 Report a problem
    10/18/2018Listing removed$1,000
    Source: Yaman Real Estate #S1151066 Report a problem
    9/28/2018Listed for rent$1,000
    Source: Yaman Real Estate #S1151066 Report a problem
    5/21/2018Sold$94,000-2.1%$38/sqft
    Source: NYSAMLSs #S1099225 Report a problem
    2/16/2018Price change$96,000-12.6%$39/sqft
    Source: Yaman Real Estate #S1099225 Report a problem
    8/2/2017Listed for sale$109,900+15.7%$45/sqft
    Source: Seven Valley Realty, Inc. #S1066505 Report a problem
    11/21/2012Sold$95,000-12.8%$39/sqft
    Source: NYSAMLSs #S267572 Report a problem
    8/21/2012Listing removed$109,000$44/sqft
    Source: Nothnagle Realtors #S267572 Report a problem
    6/6/2012Price change$109,000-3.5%$44/sqft
    Source: Nothnagle Realtors #S267572 Report a problem
    3/2/2012Listed for sale$112,999+3.7%$46/sqft
    Source: Nothnagle Realtors #S267572 Report a problem
    9/1/2011Listing removed$109,000+32.9%$44/sqft
    Source: Nothnagle Realtors #S244024 Report a problem
    10/2/2006Sold$82,000+49.1%$33/sqft
    Source: Public Record Report a problem
    8/2/2001Sold$55,000$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $150,000
    2024-- $150,000 +76.7%
    2023-- $84,900
    2022-- $84,900
    2021-- $84,900
    2020-- $84,900
    2019-- $84,900
    2018-- $84,900
    2017$4,319 $84,900
    2016-- $84,900
    2015-- $84,900
    2014-- $84,900
    2013-- $84,900
    2012-- $84,900
    2011-- $84,900
    2010-- $84,900
    2009-- $84,900
    2008-- $84,900 +67.8%
    2007-- $50,600
    2006-- $50,600
    2005-- $50,600
    2004-- $50,600
    2003-- $50,600
    2002-- $50,600
    2001-- $50,600
    2000-- $50,600
    Find assessor info on the county website

    Neighborhood: 13045

    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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    $143,700
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    $146,574