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79 Murray St, Binghamton, NY, 13905

9beds
3baths
2,636sqft
$430,000
$163price/sqft
$3,608/moest. monthly cost
$144,320/yrincome needed

About This Home

Well-located TURN-KEY Student housing on Binghamton's West Side, fully rented through May 2027! Local Management will continue. A great addition to any investment portfolio This property is part of a larger portfolio that includes 39 St. John Ave, 79 Oak St, 101 Oak St, and 56.5 Leroy St. The financial information provided reflects actual rental income and operating expenses and is not based on a pro forma Don't miss this opportunity to own a multi-family property in a location that continues to attract tenants year after year.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

4/10
Horace Mann SchoolGrades PK-50.5 mi
3/10
West Middle SchoolGrades PK,6-80.9 mi
3/10
Binghamton High SchoolGrades PK,9-120.2 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Basement
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 2

Features

  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: Carpet,Hardwood,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,636

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,636 sqft

Property

Details

  • Parcel number: 03020016047223
  • Zoning: R2
  • Zoning description: R2

Features

  • Patio & porch: Covered,Porch
  • Exterior features: Porch,Storm Windows/Doors

Lot

  • Lot size: 6,969 sqft
  • Features: Level
  • Lot size dimensions: 50 x 136

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Winter Weather

FEMA Declared Disasters in Broome County and New York

Flood
Hurricane
Severe Storm
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,174$26,088
Home Insurance *$208$2,496
Property Taxes $791$9,492
Electricity $435$5,227
Total$3,608$43,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,702/yr
40% on housing$108,240/yr
45% on housing$96,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.4%
3.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 13905$106
Broome County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 13905$128
Broome County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$430,000
2022-02-18Listed for rent$1,850
2019-10-21Listing removed$515
2019-10-20Listed for rent$515
2012-03-19Sold$75,000
2011-07-10Price change$92,000
2011-01-18Listed for sale$99,900
2010-10-06Listing removed$110,000
2010-06-01Listed for sale$110,000
2004-11-24Sold$58,500
1999-09-17Sold$13,000

For Sale by Agent

AgentJohn J. Farrell
BrokerageEXIT REALTY HOMEWARD BOUND

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