5,904 Sq. Ft.
$30 / Sq. Ft.
5,904
Sq. Ft.
$30
per Sq. Ft.

Description

Investor alert! This 5-unit multi-family property in the Village of Newark Valley offers solid income potential with a total monthly rental income of $4,830 and an estimated net operating income (NOI) of approximately $52,956 annually. The building features a mix of two- and three-bedroom units, all currently rented, providing strong cash flow from day one. While the property could benefit from some cosmetic updates and general maintenance, it offers a great foundation for future value growth and...Investor alert! This 5-unit multi-family property in the Village of Newark Valley offers solid income potential with a total monthly rental income of $4,830 and an estimated net operating income (NOI) of approximately $52,956 annually. The building features a mix of two- and three-bedroom units, all currently rented, providing strong cash flow from day one. While the property could benefit from some cosmetic updates and general maintenance, it offers a great foundation for future value growth and higher returns! Conveniently located near local amenities. A rare opportunity to acquire a fully rented, income-generating property—perfect for both new and seasoned investors!
  1. Listed by Tanisha Dugon • eXp REALTY

Property Details for 36 South Main Street

Zoning
mult
LISTING UPDATED: 02/18/2026 09:18 PM

Property Details for 36 South Main Street

StatusActive
MLS #334638
Days on Market8
Taxes$2,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyTioga County

Location

Listing Courtesy of eXp REALTY
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Building Information for 36 South Main Street

Building/Complex36 S Main StFloor-Stories-Residences5Pet Policy-Pet Policy Details-Year Built1965Building Size-

Payment Calculator

$1,088 per month

30 year fixed, 6.15% Interest

Principal and Interest

$872

Property Taxes

$215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 36 South Main Street

Summary
Location and General Information
  • City: Newark Valley
  • County Or Parish: Tioga
  • Directions: Take Route 38, house on left
  • Postal City: Newark Valley
  • Township: Newark Valley
  • State Or Province: NY
  • MLS Area Major: Area 08
  • Postal Code: 13811
  • Zoning Description: mult
Taxes and HOA Information
  • Parcel Number: 492601-064-019-0001-015-001-0000
  • Tax Annual Amount: $2,584.81
  • Tax Assessed Value: $54,500.00
  • Tax Book Number: 64.19-1-15.1
School Information
  • Elementary School: Nathan T. Hall
  • Elementary School District: Newark Valley
  • High School District: Newark Valley
  • Middle Or Junior School District: Newark Valley
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: None
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 5904.0
  • Living Area: 5904.0
  • Lot Features: Level
  • Lot Size Dimensions: 5,904
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1965
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: CompositeSiding
Utilities
  • Sewer: SepticTank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch
  • Structure Type: Apartment
Interior Features
  • Appliances: ElectricWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Heating: Baseboard, ForcedAir
  • Heating: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bedrooms Total: 12
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
Income & Expenses Information
  • Water Sewer Expense: $1,200.00
  • Fuel Expense: $.00
  • Insurance Expense: $2,652.00
  • Electric Expense: $.00
Unit 1
  • Actual Rent: $1,140.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,140.00
Unit 2
  • Actual Rent: $1,140.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,140.00
Unit 3
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $850.00
Unit 4
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $850.00
Unit 5
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $850.00

Property History for 36 South Main Street

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Listed (Active)

Greater Binghamton Association of REALTORS #334638

$179,000
Feb 3, 2026

Expired

Greater Binghamton Association of REALTORS #333221

$179,000
Jan 20, 2026

Contract Out

Greater Binghamton Association of REALTORS #333221

Nov 12, 2025

Price Change

Greater Binghamton Association of REALTORS #333221

$190,000
Oct 23, 2025

Price Change

Greater Binghamton Association of REALTORS #333221

$199,900
Oct 6, 2025

Listed (Active)

Greater Binghamton Association of REALTORS #333221

$220,000
Mar 31, 2009

Sold (Public Record)

Public Record #1255674394

$132,500
DateEvent & SourcePrice
02/18/2026

Listed (Active)

Greater Binghamton Association of REALTORS #334638

$179,000
02/03/2026

Expired

Greater Binghamton Association of REALTORS #333221

$179,000
01/20/2026

Contract Out

Greater Binghamton Association of REALTORS #333221

11/12/2025

Price Change

Greater Binghamton Association of REALTORS #333221

$190,000
10/23/2025

Price Change

Greater Binghamton Association of REALTORS #333221

$199,900
10/06/2025

Listed (Active)

Greater Binghamton Association of REALTORS #333221

$220,000
03/31/2009

Sold (Public Record)

Public Record #1255674394

$132,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 36 South Main Street

Taxable ValueLand$500Additions-Total$500
Home Facts
Lot Size2,117 SqFtStyleCommercialZoningZONECountyTIOGAAPN492601 64.19-1-15.2

Schools near 36 South Main Street

This home is within Newark Valley Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 7
Public - 8 to 12
Rating
School
Distance
Nathan T Hall School
PublicPK to 3

Newark Valley Middle School
Public4 to 7

Newark Valley Senior High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

36 South Main Street is a multi-family home for sale in Newark Valley, NY 13811. This property was listed for sale on February 18, 2026 by eXp REALTY, it's currently listed at $179,000. It has been on the market for a total of 8 days and was last sold on March 31, 2009. This listing's school district is Newark Valley Central School District. Nearby schools include Nathan T Hall School, Newark Valley Middle School and Newark Valley Senior High School. 36 South Main Street is a 12-bed, 5-bath, 5,904 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp REALTY

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.