$270,000
PENDING $15K PRICE DROP

Estimated payment $1,859/month

Total Views 3,942
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Fenced
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

Positioned for both new and seasoned investors, this well-maintained two-unit property offers strong income potential in a convenient Cortland location. Each unit features 2 bedrooms and 1 bath, with the main level offering flexibility for a possible third bedroom. A full basement provides excellent storage and shared laundry access, while a detached two-car garage and additional parking ensure ample space for tenants. Recent updates include a newer HVAC system (2023), electrical improvements, and a radon mitigation system for added peace of mind. The lower unit has been refreshed with updated appliances, and both units reflect pride of ownership throughout. Enjoy a spacious fenced backyard and easy access to downtown Cortland and the local library. A clean, turnkey opportunity you won't want to miss. Highest and Best due by Friday 6/5 at 10pm.

Listing Agent

Tyler Lewke

Keller Williams Success Realty License #471002170 Listed on: 04/23/2026

Keller Williams Success Realty

Co-Listing Agent

Sam Sicurella

Keller Williams Success Realty License #475180412

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 89.70 x 132
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,835

Year Built

Built in 1960

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Assigned, Off Street, Driveway, Owned, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved
  • Conversion YN: Y

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 89.70 X 132
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • GrossIncome: 21900
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Converted Residence

Tax Info

  • Tax Annual Amount: 4834.66
  • Tax Year: 2023
  • Tax Exemptions: None
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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 $4,522 $73,324 $20,023 $53,301
2024 $4,835 $55,138 $18,824 $36,314
2023 $4,835 $51,584 $17,611 $33,973
2022 $4,906 $49,231 $16,808 $32,423
2021 $4,966 $46,873 $16,003 $30,870
2020 $4,976 $45,411 $15,504 $29,907
2019 $4,171 $43,505 $14,853 $28,652
2018 $4,023 $41,144 $14,047 $27,097
2017 $3,948 $39,170 $13,373 $25,797
2016 $3,752 $36,814 $12,569 $24,245
2015 -- $34,570 $11,803 $22,767
2014 -- $33,272 $11,360 $21,912
2013 -- $34,479 $11,772 $22,707
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
06/07/2026 06/07/26 Pending -- -- --
05/26/2026 05/26/26 Price Changed $270,000 -1.8% --
05/08/2026 05/08/26 Price Changed $275,000 -3.5% --
04/23/2026 04/23/26 For Sale $285,000 +29.5% --
11/27/2024 11/27/24 Sold $220,000 0.0% -- View Prior Sale
11/01/2024 11/01/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $220,000 +96.8% --
07/19/2019 07/19/19 Sold $111,800 -13.9% -- View Prior Sale
05/22/2019 05/22/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $129,900 -4.5% --
03/07/2019 03/07/19 Price Changed $136,000 -3.5% --
11/24/2018 11/24/18 For Sale $141,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase 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 Type Sale Price Title Company
Warranty Deed $220,000 Home Title Group Of Illinois
Warranty Deed $220,000 Home Title Group Of Illinois
Warranty Deed $112,000 Chicago Title
Trustee Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $216,015 FHA
Closed $216,015 FHA
Previous Owner $89,440 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12620580

Midwest Real Estate Data (MRED)

APN: 09-29-205-013

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