$849,000

Estimated payment $5,561/month

21 Beds
-- Bath
8,134 Sq Ft
$104 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

139 Murray Street features a desirable unit mix consisting of six 3-bedroom units and three studio apartments, positioned in an excellent location just one block from the SUNY bus line and approximately four blocks from Downtown Binghamton. The property is within walking distance of restaurants, shops, services, entertainment, and other downtown amenities, making it highly attractive to student tenants. The building and units have been beautifully renovated, with recent improvements including updated kitchens, and a dedicated laundry room. With its renovated condition, student-oriented layout, strong location, parking, safety features, and proximity to transportation and downtown amenities, 139 Murray Street represents a compelling opportunity for investors seeking a well-positioned student housing asset in the Binghamton market. Financials are presented on a pro forma basis.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 06/16/2026

Co-Listing Agent

Angela Martinez

INNOVATIVE COMMERCIAL ADVISORS License #10401348593

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,545

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 54x147
  • Level Lot

Parking

  • Driveway

Home Design

  • 8,134 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 21 Bedrooms

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-031-0003-016-000-0000

Community Details

Overview

  • 9 Units
  • Murray Place Subdivision

Building Details

  • 10 Separate Electric Meters
  • 9 Separate Gas Meters
  • Insurance Expense $2,943
  • Maintenance Expense $7,000
  • Gross Income $152,100
  • Net Operating Income $105,462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,545

Year Built

Built in 1960

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 54x147
  • Professional Management Expense: 10944.0
  • Co List Office Mls Id: 7890
  • Co List Office Phone: 607-203-1826
  • Ownership: OWNER
  • Subdivision Name: Murray Place
  • Directions: Main to Murray. Turn right.
  • Above Grade Finished Sq Ft: 8134.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 21
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 8134.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-031-0003-016-000-0000
  • Zoning Description: Residential Multi Unit
  • Zoning: Residential Multi Unit

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 1200.0
  • Annual Gross Income: 152100.0
  • Insurance Expense: 2943.0
  • Maintenance Expense: 7000.0
  • Property Net Operating Income: 105462.0
  • Annual Operating Expense: 40833.0
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 9

Tax Info

  • Tax Annual Amount: 11545.0
  • Tax Book Number: 160.31-3-16

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $117,000 $7,500 $109,500
2024 $11,531 $117,000 $7,500 $109,500
2023 $11,321 $117,000 $7,500 $109,500
2022 $11,054 $117,000 $7,500 $109,500
2021 $10,931 $117,000 $7,500 $109,500
2020 $10,966 $117,000 $7,500 $109,500
2019 $5,847 $117,000 $7,500 $109,500
2018 $10,655 $117,000 $7,500 $109,500
2017 $10,711 $117,000 $7,500 $109,500
2016 $10,773 $117,000 $7,500 $109,500
2015 $9,521 $117,000 $7,500 $109,500
2014 $9,521 $117,000 $7,500 $109,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2026 06/16/26 For Sale $849,000 +337.6% $104 / Sq Ft
06/29/2012 06/29/12 Sold $194,000 0.0% $39 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $194,000 -- $39 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 336491

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