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11 Walnut Street, 
Binghamton, NY 13905

$299,000

6

Beds

2

Baths

2,044

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Scott Warren

Innovative Commercial Advisors

607-203-1826

Last updated:

February 28, 2026, 03:42 AM

MLS#

334844

Source:

NY GBAR

About This Home

11 Walnut Street

Fully occupied student housing investment on Binghamton’s West Side within R-3 zoning, supporting higher density residential use. Property consists of two units, each configured as a 3-bedroom, 1 bath layout. Located south of Main Street in an established student corridor with access to Downtown amenities and university bus routes. Leases for next semester secured at $700 per bed, supporting an 11.03% cap rate based on current expenses. Proven rental demand and consistent occupancy. The West Side remains one of the most reliable off-campus housing locations serving Binghamton University, supporting strong leasing performance and long-term rental stability.

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1921

Price Summary

299,000

$146 per Sq. Ft.

MLS #:

334844

Last Updated:

February 28, 2026, 03:42 AM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,044 Sq. Ft.

Structure

Structure

Building Area:

2,044 Sq. Ft.

Year Built:

1921

Finances & Disclosures

Finances

Price:

$299,000

Price per Sq. Ft:

$146 per Sq. Ft.

Source:NY GBAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.