Turnkey 2-unit investment opportunity with strong income and clear upside potential. This property features two spacious 3-bedroom, 1-bath units with separate utilities, making it ideal for clean expense management and improved cash flow. Current rents total $2,550/month, with the downstairs unit at $1,200 and the upstairs unit at $1,350. Both tenants are on month-to-month leases, providing immediate flexibility for an investor to adjust rents and increase returns. 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 implement a value-add strategy, this property offers a solid foundation with built-in upside at an attractive price point. 48-hour notice required due to tenants.
Property Details
Price:
$215,000
MLS #:
S1665253
Status:
ActiveUnderContract
Beds:
6
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Newell Place
Neighborhood:
binghamtoncity030200
Listed Date:
Mar 6, 2026
Finished Sq Ft:
2,506
Total Sq Ft:
2,506
Lot Size:
4,316 sqft / 0.10 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Binghamton
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Hardwood, Laminate, Tile, Varies
Heating
Gas, Baseboard
Levels
Two
Exterior
Construction Materials
Wood Siding
Exterior Features
Fence
Fencing
Partial
Garage Spaces
1
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Paved, One Space
Roof
Asphalt, Shingle
Stories
2
Financial
Taxes
$4,174
Map
Community
- Address159 Murray Street Binghamton NY
- SubdivisionNewell Place
- CityBinghamton
- CountyBroome
- Zip Code13905
Subdivisions in Binghamton
Market Summary
Current real estate data for Multi Family in Binghamton as of Jul 23, 2026
9
Multi Family Listed
60
Avg DOM
57
Avg $ / SqFt
$147,155
Avg List Price
Property Summary
- Located in the Newell Place subdivision, 159 Murray Street Binghamton NY is a Multi Family for sale in Binghamton, NY, 13905. It is listed for $215,000
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Courtesy of Gilbo Realty LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 159 Murray Street
Binghamton, NY