$420,000
$12K PRICE DROP

Estimated payment $3,129/month

Total Views 29,913
6 Beds
2.5 Baths
2,298 Sq Ft
$183 Price per Sq Ft

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

Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/13/2026

Berkshire Hathaway HomeServices Heritage Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,795

Year Built

Built in 1900

Lot Details

5,410 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1242
  • Lot Size: 41X131
  • Directions: Between Madison and Monroe
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances, Lighting
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1900
  • Attribution Contact: 607-428-0708
  • Special Features: None
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances: See Remarks, Water Heater
  • Owner Pays: Grounds Care
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Varies
  • Living Area: 2298.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 5410.0
  • Parcel #: 500700-044-000-0006-004-000-0000
  • Zoning Description: Residential 2 Unit

Green Features

  • Green Building Verification Type: Other

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 33055.0
  • Annual Operating Expense: 1550.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9795.0
  • Tax Lot: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Ithaca Board of REALTORS®

About the Listing Agent

Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty

(607) 622-7674

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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

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Source: Ithaca Board of REALTORS®

MLS Number: R1689973

APN: 500700-044-000-0006-004-000-0000

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