116 3rd St Unit 18 Ithaca, NY 14850
North Side NeighborhoodEstimated payment $3,129/month
Highlights
- Property is near public transit
- Energy-Efficient Appliances
- 1 Car Garage
- Wood Flooring
- Forced Air Heating System
- Rectangular Lot
About This Home
Downtown Ithaca duplex with strong location appeal. Charming curb appeal too. Within walking distance of the Farmers Market, Cayuga Lake, Stewart Park, local dining, shopping, and nearby medical facilities, this well-maintained property offers convenience for tenants and owners alike. Regular updates throughout the interior help make this a turnkey investment opportunity. Walk to Red Feet, or out to dinner. The Park is also nearby! The science center beckons. Both units rented into 2027 Solid rental, great condition inside.
Tenants pay all utilities, heat, hot water, gas, electric, water.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,795
Year Built
- Built in 1900
Lot Details
- 5,410 Sq Ft Lot
- Lot Dimensions are 41x131
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,298 Sq Ft Home
- 2-Story Property
- Partial Basement
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Lighting
Location
- Property is near public transit
Schools
- Beverly J Martin Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Water Heater
Listing and Financial Details
- The owner pays for grounds care
- Tax Lot 4
- Assessor Parcel Number 500700-044-000-0006-004-000-0000
Community Details
Overview
- Association fees include gardener
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $1,550
- Gross Income $44,400
- Net Operating Income $33,055
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,198 | $375,000 | $47,900 | $327,100 |
| 2024 | $7,511 | $375,000 | $47,900 | $327,100 |
| 2023 | $6,686 | $303,000 | $47,900 | $255,100 |
| 2022 | $8,269 | $275,000 | $47,900 | $227,100 |
| 2021 | $6,838 | $190,000 | $47,900 | $142,100 |
| 2020 | $4,188 | $190,000 | $47,900 | $142,100 |
| 2019 | $4,653 | $145,000 | $47,900 | $97,100 |
| 2018 | $3,511 | $145,000 | $47,900 | $97,100 |
| 2017 | $3,601 | $145,000 | $25,600 | $119,400 |
| 2016 | $3,633 | $145,000 | $25,600 | $119,400 |
| 2015 | -- | $145,000 | $25,600 | $119,400 |
| 2014 | -- | $145,000 | $25,600 | $119,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | Price Changed | $420,000 | -2.9% | $183 / Sq Ft |
| 06/13/2026 06/13/26 | For Sale | $432,450 | -- | $188 / Sq Ft |
About the Listing Agent
Brian has always loved homes, building homes, designing homes, and owning homes. He probably inherited that trait from his grandfather who built homes for his retirement income. While working with him, Brian saw firsthand the beauty and income that could be created with a few solid real estate investments. To date, Brian has owned over a dozen investment properties, built his own home, and helped many people understand investment properties, or simply buy their first home. He continues to learn
Brian's Other Listings
Source: Ithaca Board of REALTORS®
MLS Number: R1689973
APN: 500700-044-000-0006-004-000-0000
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Ask me questions while you tour the home.