Well-maintained 5-unit multifamily investment opportunity located in the Village of Owego. The property consists of spacious residential units with separate gas and electric meters, supporting efficient operations and reduced landlord utility exposure. Four of the five units feature central air conditioning, a rarity in many comparable multifamily properties throughout the Southern Tier.
Positioned on a large 0.29-acre lot, the offering also includes a sizable barn providing additional storage, tenant amenity potential, or future value-add opportunities. The property has a strong rental history and benefits from proximity to Downtown Owego, local employers, schools, shopping, and Route 17/I-86 access.
With stable in-place income, attractive price per square foot, and operational upside, 70 Adaline Street presents an opportunity for investors seeking dependable cash flow in an established rental market.
For sale
Price cut: $5K (8/4)
$184,000
70 Adaline St, Owego, NY 13827
8beds
5baths
4,320sqft
Multi Family, Apartment
Built in 1954
-- sqft lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Spacious residential units
- 404 days
- 272
- 12
Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,
Scott Warren
Source: GBMLS,MLS#: 332219
Originating MLS: Greater Binghamton Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total interior livable area: 4,320 sqft
- Finished area above ground: 4,320
Video & virtual tour
Property
Parking
- Parking features: Driveway
Lot
- Size: 0.29 Acres
- Dimensions: .29
- Features: Level
Details
- Parcel number: 49300111701900020500010000
- Zoning: Multi Family
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Family
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Siding
- Foundation: Poured
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Owego
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $193,290
- Annual tax amount: $4,940
- Date on market: 7/25/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $184,000-2.6%$43/sqft |
Source: | ||
| 4/29/2026 | Price change | $189,000-5%$44/sqft |
Source: | ||
| 4/25/2026 | Listed for sale | $199,000$46/sqft |
Source: | ||
| 8/27/2025 | Contingent | $199,000$46/sqft |
Source: | ||
| 7/25/2025 | Listed for sale | $199,000+67.2%$46/sqft |
Source: | ||
| 1/1/2020 | Listing removed | $119,000$28/sqft |
Source: EXIT REALTY HOMEWARD BOUND #220844 Report a problem | ||
| 6/26/2019 | Listed for sale | $119,000$28/sqft |
Source: EXIT REALTY HOMEWARD BOUND #220844 Report a problem | ||
| 9/28/2018 | Listing removed | $119,000$28/sqft |
Source: EXIT REALTY HOMEWARD BOUND #212152 Report a problem | ||
| 9/29/2017 | Listed for sale | $119,000-15%$28/sqft |
Source: EXIT REALTY HOMEWARD BOUND #212152 Report a problem | ||
| 7/19/2017 | Listing removed | $140,000$32/sqft |
Source: EXIT REALTY HOMEWARD BOUND #208306 Report a problem | ||
| 1/23/2017 | Price change | $140,000+40%$32/sqft |
Source: EXIT REALTY HOMEWARD BOUND #208306 Report a problem | ||
| 1/21/2017 | Listed for sale | $100,000$23/sqft |
Source: EXIT REALTY HOMEWARD BOUND #208306 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 13827
Nearby schools
Schools provided by the listing agent
- Elementary: Owego
- District: Owego Apalachin
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




