159 Murray St Binghamton, NY 13905
West Side NeighborhoodEstimated payment $1,488/month
Highlights
- Property is near public transit
- Baseboard Heating
- Rectangular Lot
- Wood Flooring
- 1 Car Garage
- Partially Fenced Property
About This Home
Turnkey 2-unit investment opportunity with strong income potential and upside. This property features two spacious 3-bedroom units, each with 1 bathroom, large living areas, and eat-in kitchens, making them highly rentable layouts for today’s tenant demand. Both units offer separate utilities, allowing for clean expense management and improved cash flow. Current rents total $2,350/month, with both units on month-to-month leases, offering immediate flexibility for an investor to increase rents. Based on market conditions and unit size, there is potential to push rents closer to $2,600–$2,700/month, creating a stronger return and long-term value. Additional features include a full basement, off-street parking with a driveway and garage, and a convenient location near public transportation and local amenities. Whether you’re looking to expand your portfolio or live in one unit while the other helps pay your mortgage, this property offers a solid opportunity at an attractive price point. 48-hour notice required due to tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,174
Year Built
- Built in 1900
Lot Details
- 4,316 Sq Ft Lot
- Lot Dimensions are 52x83
- Partially Fenced Property
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Wood Siding
Interior Spaces
- 2,506 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 030200-160-023-0003-032-000-0000
Community Details
Overview
- 2 Units
- Newell Place Subdivision
Building Details
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $6,248 | $63,400 | $7,000 | $56,400 |
| 2024 | $6,248 | $63,400 | $7,000 | $56,400 |
| 2023 | $6,134 | $63,400 | $7,000 | $56,400 |
| 2022 | $5,990 | $63,400 | $7,000 | $56,400 |
| 2021 | $5,923 | $63,400 | $7,000 | $56,400 |
| 2020 | $3,917 | $63,400 | $7,000 | $56,400 |
| 2019 | $1,999 | $63,400 | $7,000 | $56,400 |
| 2018 | $3,819 | $63,400 | $7,000 | $56,400 |
| 2017 | $3,839 | $63,400 | $7,000 | $56,400 |
| 2016 | $3,854 | $63,400 | $7,000 | $56,400 |
| 2015 | $3,424 | $63,400 | $7,000 | $56,400 |
| 2014 | $3,424 | $63,400 | $7,000 | $56,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Price Changed | $215,000 | -2.3% | $86 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $220,000 | -2.2% | $88 / Sq Ft |
| 03/20/2026 03/20/26 | Price Changed | $225,000 | -2.2% | $90 / Sq Ft |
| 03/06/2026 03/06/26 | For Sale | $230,000 | -- | $92 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $38,000 | -- | |
| Warranty Deed | $38,000 | -- | |
| Deed | $70,000 | Jon Sarra |
Source: Central New York Information Services
MLS Number: S1665253
APN: 030200-160-023-0003-032-000-0000
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Ask me questions while you tour the home.