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Multi family home for sale at 163 Ridge Rd, Lansing, NY 14882 | MLS# S1677371 | Listing updated on 2026-08-06
Photo 1 of Multi family home for sale at 163 Ridge Rd, Lansing, NY 14882 | MLS# S1677371 | Listing updated on 2026-08-06
Photo 2 of Multi family home for sale at 163 Ridge Rd, Lansing, NY 14882 | MLS# S1677371 | Listing updated on 2026-08-06
Photo 3 of Multi family home for sale at 163 Ridge Rd, Lansing, NY 14882 | MLS# S1677371 | Listing updated on 2026-08-06
Photo 4 of Multi family home for sale at 163 Ridge Rd, Lansing, NY 14882 | MLS# S1677371 | Listing updated on 2026-08-06
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$599,000

Monthly Est:$2,981

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,832sqft

163 Ridge Rd, Lansing, NY 14882

$2,981/moEst:

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  • Multi Family

  • Built in 1966

  • $-- HOA

  • 0.77 acre lot

  • $212/sq.ft

Description

**Now offered at an actual 12% cap rate!!** This charming Lansing multifamily has been fully renovated and optimized for short- and mid-term rental, and had a gross income of $126,708 in 2025. This STR operation is entirely turnkey, from listings to advertising to management and cleaning. Guests love the proximity to Myer's Park and the convenience of shopping and restaurants. The main unit has a fireplace, bright and airy layout, a fully updated kitchen with bar seating and open dining area, and covered raised deck. The lower unit has a second luxurious fireplace, a walkout covered patio, truly open kitchen and living space, and cozy bedrooms. Both units are furnished down to the silverware in mid-century modern style, with custom lighting and fixtures. The house is a legal three-unit, but is currently utilizing two. Contact agent for OM and financial information- this one is performing at an actual 12% cap rate!

  • Houzeo last checked: 12 hours ago
  • Listing updated: August 6, 2026 at 9:10 pm
  • Listing Provided by: Stephanie Jacobson (607) 857-3864 DRE #10401301213 | Yaman Commercial Industrial (607) 753-9644
  • Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1677371 New York State Alliance of MLSs, Buffalo-NY

This condo is in:

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Tompkins County

  • City

    Lansing

  • Neighborhood

    --

  • Year Built

    1966

  • HOA Fees

    -

  • Finished Area

    2,832 sqft

  • Lot Size

    0.77 acre lot

  • Basement Area

    - sqft

  • MLS Name

    New York State Alliance of MLSs, Buffalo

  • MLS Number

    S1677371

  • MLS Status

    Active

  • Days on Market

    179

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 4

Interior

  • Heating

    Ductless, Gas, Baseboard, Hot Water

  • Appliances

    Gas Water Heater

  • Flooring

    Hardwood, Laminate, Tile, Varies

  • Interior Features

    Sliding Glass Doors, Sauna

  • Sewer

    Septic Tank

  • Cooling

    Ductless

  • Exterior Features

    Balcony, Deck, Patio, Private Yard, See Remarks

Construction

  • Year Built

    Year Built: 1966

  • Home type

    Multi Family

  • Foundation Details

    Poured, Slab

  • Architectural Style

    Triplex

  • Construction Materials

    Frame, Vinyl Siding

  • Roof

    Asphalt, Metal

  • Property Condition

    Resale

Utilities & Energy

  • Water Source

    Well

  • Utilities

    Cable Available, High Speed Internet Available

  • Parking Features

    Garage, Gravel, Paved, Two Or More Spaces

Other Features

  • Lot Features

    Irregular Lot, Other, See Remarks

  • Subdivision Name

    Ridge Road Sec 35

  • Patio And Porch Features

    Balcony, Deck, Patio

Price History

DateEventPrice

08/06/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #S1677371

Off Market

$599,000 -5.67%

$212/sqft

04/28/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #S1677371

Listed for Sale

$635,000

$224/sqft

04/28/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #S1677371

Off Market

$635,000 +6.01%

$224/sqft

04/28/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #S1677371

Price Decreased

$599,000 -9.24%

$212/sqft

03/13/2026

Source: mls_logoNew York State Alliance of MLSs, Buffalo-NY #S1643660

Listing Removed

$660,000

$233/sqft

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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 23, 2026, 08:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group