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$829,000

36 Lincoln Ave Cortland, NY 13045

21 beds
7,647 sqft
0.2 acres
$108 / sqft
Multi-Family

Property details

About 36 Lincoln Ave

Turnkey Student Housing Investment Opportunity in High-Demand Area! This highly sought-after multifamily property has been a staple in student housing since the 1980s, offering consistent occupancy and strong rental income. Meticulously maintained and updated, the property features high-end kitchens with quartz countertops, premium finishes, and modern appliances—an attractive bonus for tenants seeking style and functionality. Recent updates include a newly expanded parking lot to accommodate more vehicles, boosting tenant convenience and appeal. Newer high-efficiency boilers ensure energy savings and long-term operational cost control. Security and ease of management are top-tier, with keyless entry systems and security cameras throughout, offering peace of mind for both tenants and owners. Coded for 21 occupants, this property is a prime opportunity for investors looking for a well-established, income-producing asset with all the modern amenities and systems in place. Some fall occupants are already in place.

Highlights

Home typeMulti Family
HeatingNatural Gas, Baseboard, Hot Water
StatusActive
Size7,647 sqft
BasementYes
Lot size0.2381 Acres
Year built1900
ParkingThree or more Spaces, Driveway, No Garage, Shared Driveway
MLS #S1594899

Virtual tour

Summary

  • Appliances: Electric Water Heater, Other
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies
  • Total Bedroom Count: 21
  • Parking: Three or more Spaces, Driveway, No Garage, Shared Driveway
  • Exterior: Blacktop Driveway
  • Heating: Natural Gas, Baseboard, Hot Water
  • List Price: $829,000
  • Price/SqFt: $108
  • Annual Tax Amount: $9,493
  • Tax Year: 2023
  • Lot: Rectangular Lot
  • Year Built: 1900
  • Living Area: 7,647 SqFt
  • Lot Size: 0.2381 Acres
  • MLS Number: S1594899
  • MLS Name: NYS
  • Office Name: Berkshire Hathaway HomeServices Heritage Realty
  • Office Phone: (607) 261-0439
  • Listing Agent: Pamela Cullip

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/13/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 29, 2023
Home Sold
$700,000

Tax history

YearAssessmentProperty Tax
2023$273,000$9,493
2022$273,000$5,241
2021$273,000$9,251
2020$273,000$13,797
2019$273,000$14,383
2018$273,000$14,437
2017$273,000$14,119

History based on county public records data.

Nearby schools

4

Fe Smith Intermediate School

Public District 3-4

0.8 mi

33 Wheeler Ave

4

Homer Intermediate School

Public District 3-5

2.8 mi

58 Clinton St

6

McGraw Elementary School

Public District PK-5

4.2 mi

50 W Academy St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,818. Typical income of Cortland, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
57%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

63%
Single, No Kids
13%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • BuickBuick

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 36 Lincoln Ave

The listing price of 36 Lincoln Ave property is $829,000.

The property 36 Lincoln Ave is a multi located in Cortland, New York, 13045.

Active Listing: 36 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 36 Lincoln Ave are: Fe Smith Intermediate School (GreatSchools Rating 4/10), Homer Intermediate School (GreatSchools Rating 4/10), McGraw Elementary School (GreatSchools Rating 6/10), Randall Middle School (GreatSchools Rating 3/10), Cortland Junior High School (GreatSchools Rating 3/10), Homer Junior High School (GreatSchools Rating 6/10), Cortland High School (GreatSchools Rating 5/10), Homer Senior High School (GreatSchools Rating 7/10), McGraw Secondary School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $9,493 (source: MLS/based on county public records data).

The last sale was on December 29, 2023 for $700,000 (source: MLS/tax record).

The property 36 Lincoln Ave is 7,647 SqFt (source: MLS/tax record).

The year of construction for 36 Lincoln Ave is 1900.

This home is located at 36 Lincoln Ave in Cortland, NY and zip code 13045. This 7,647 square foot home, which was built in 1900, sits on a 0.24 acre lot. Features: 21 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $829,000.

While more than 5 listings in Cortland, NY in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. In June 2025 in Cortland, NY there were 9.1% more homes for sale than in May. While the average time on the market in June 2025 was 12 days, the median list price was $182,000.

From Rocket Homes Real Estate and based on county public records data.

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