26 Owego St, Cortland, NY, 13045
About This Home
Investment Opportunity: Student Housing Near SUNY Cortland with Significant Upside Potential! Unlock the lucrative world of student rentals with this exceptional property located just moments from SUNY Cortland! This offering presents a rare chance for savvy investors to acquire a well-situated student housing asset with considerable room for value appreciation and increased cash flow. The Cortland student housing market is consistently strong, driven by SUNY Cortland's robust enrollment. While the university is planning a new residence hall for 2026-2028, it aims to replace existing West Campus apartments, not significantly increase overall on-campus capacity. This maintains a healthy demand for off-campus housing and ensures a steady tenant pool for well-managed properties. This property is walking distance to campus and in a well sought out area for off-campus living. Don't miss this opportunity to capitalize on the steady demand of the SUNY Cortland student rental market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a high-potential income property, this offering is poised for significant returns. Listing Broker has an ownership interest.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Flooring: Hardwood,Tile,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 2,337
- Total interior livable area: 2,337 sqft
Property
Details
- Parcel number: 11020008607300020410000000
- Special condition: Standard
Lot
- Lot size: 0.27 Acres
- Features: Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 50 x 235
Parking
- Total spaces: 5
- Parking features: Parking Available,Two or More Spaces
- Attached garage spaces: 5
- Covered spaces: 5
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
- Cold Wave
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Cortland County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $133 | $1,596 |
| Property Taxes | $439 | $5,268 |
| Electricity | $386 | $4,634 |
| Total | $2,171 | $26,052 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $256,000 |
| 2026-03-11 | Price change | $279,900 |
| 2025-11-21 | Listed for sale | $299,900 |
| 2025-06-06 | Listing removed | $3,800 |
| 2024-08-21 | Listed for rent | $3,800 |
| 2024-07-30 | Listing removed | $3,000 |
| 2024-01-14 | Price change | $3,000 |
| 2023-12-05 | Listed for rent | $3,600 |
| 2023-12-04 | Listing removed | -- |
| 2023-08-30 | Listed for rent | $3,800 |
| 2011-10-25 | Sold | $186,885 |
| 2007-08-08 | Sold | $112,500 |
| 2002-08-08 | Sold | $76,000 |
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