202 Main Street Newfield, NY $ 320,000
202 Main Street
$ 320,000
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202 Main Street

Newfield, NY, 14867
$ 320,000
Bedrooms5 Baths4.0 Sq 2,717

Monthly Estimate*

$ 1,970

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Multi-Family Home for sale in Newfield, NY

for $320,000 with 5 bedrooms and 4 full baths. This 2,717 square foot home was built in 1895 on a lot size of 0.24.

Exceptional investment opportunity in a stunning historic building filled with timeless character and architectural charm. This well-maintained property features four apartments, each with separate utilities, allowing tenants to pay their own heat and electric — a major advantage for expense control and predictable ownership costs. The building boasts an outstanding rental history, with long-term tenants and almost no vacancy in over 20 years, reflecting strong demand and attentive ownership. Apartment #4 was completely gutted and thoughtfully remodeled, blending modern updates with the property’s historic appeal. With excellent financials and a proven track record of stability, this turnkey investment offers reliable cash flow and minimal management stress. Be sure to view the virtual tours to fully appreciate the layout, updates, and character of each unit. A rare opportunity to own a proven, income-producing property with decades of consistent performance.

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Multi-Family Active

Price

$ 320,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,464

Style

Fourplex

Lot Size

0.24

Year Built

1895

Town/City

Newfield

County/Region

Tompkins

MLS | Web ID

R1663088

Features
Interior
Interior Amenities Other SeeRemarks
Basement Full WalkOutAccess
Flooring Carpet Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 4
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General
Sewer Connected
Heating Electric Gas Baseboard ForcedAir
Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected
Possession SubjectToTenantRights
Roof Asphalt
Appliances ElectricWaterHeater GasWaterHeater
Garage Spaces 0.0
Architectural Style Fourplex
Construction Materials BlownInInsulation VinylSiding
School District Newfield
Year Built 1895
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
Gross Income 38520.0
County Tompkins
Net Operating Income 26977.0
Operating Expense 7079.0
Property Type Residential
Rent Includes Other SeeRemarks
Full Baths 4
Status Active
Directions On Main St in Newfield Hamlet.
City Newfield
Senior Community Y/N No
High School District Newfield
Number Of Units Total 4
MLS Area Newfield-503400
Lot Size Units Acres
Elementary School Newfield Elementary
Year Built Details Existing
Tax Annual Amount 4464.0
Property Condition Resale
Virtual Tour https://unbranded.youriguide.com/202_main_st_newfield_hamlet_ny/ https://youriguide.com/202_main_st_newfield_hamlet_ny/
Standard Status Active
Middle/Junior School District Newfield
Elementary School District Newfield
Tax Assessed Value 185000
TaxOtherAnnualAssessmentAmount 0.0
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Exterior
Exterior Amenities PropaneTankLeased
Parking Features OnStreet
Lot Features Other Rectangular RectangularLot SeeRemarks
Water Source Connected Public
Lot Size Area 0.24
Building Area Total 2717.0
Lot Dimensions 81X140
Lot Size Acres 0.24
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 4
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Internal Only
Street Number 1 202
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* Excluded Features
List By
Warren Real Estate Of Ithaca Inc. (Downtown)

Broker

(607) 592-9335

Phone

Affordability Calculator

$2,342
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133736 Elementary School
5085560 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$320,000 Listed Price

Map


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202 Main Street, Newfield, NY, 14867 is a Multi-Family Home for sale at $320,000 with 2,717 sqft and a lot size of 0.24. 202 Main Street has 5 bedrooms, 4.0 baths, and was built in 1895. The property's zip code is 14867 which is in Newfield, NY