Seller's Agent in 2025
Hallie Magden
Howard Hanna S Tier Inc
(607) 227-2139
65 Total Sales
116 Sapsucker Woods Rd Ithaca, NY 14850
6
Beds
6
Baths
3,078
Sq Ft
0.4
Acre Lot
Highlights
- Property is near public transit
- Baseboard Heating
- Trails
- Northeast School Rated A
- 2 Car Garage
- Laundry Facilities
About This Home
As of November 2025Multi-Family Investment Near Cornell & Sapsucker Woods Don't miss this fully rented, well-maintained multi-family property just minutes from Cornell University and the renowned Sapsucker Woods bird sanctuary. Offering strong cash flow and long-term potential, this opportunity features four desirable units: Two 2-bedroom, 1.5-bath apartments Two 1-bedroom, 1-bath apartments Each unit is equipped with in-building washer/dryer, dishwasher, and ample parking. Large back and side yard with plenty of room for picnics and play. Fully rented with a great rental history. Located close to scenic trails, world-class birdwatching, and all that Ithaca has to offer, this is a smart investment in a sought-after area with built-in stability and future upside. Highlights: 4 units (2x 2BR/1.5BA, 2x 1BR/1BA) Strong rental history & long-term tenants Minutes to Cornell University & Sapsucker Woods A rare opportunity to own a low-maintenance, income-generating property in a prime Ithaca location.erty in a prime Ithaca location.
Last Agent to Sell the Property
Howard Hanna S Tier Inc Brokerage Phone: 607-227-2139 License #30MA0946188 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,080
Year Built
- Built in 1975
Lot Details
- 17,500 Sq Ft Lot
- Lot Dimensions are 100x175
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Block Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 3,078 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Location
- Property is near public transit
Schools
- Northeast Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- The owner pays for grounds care, heat, hot water, snow removal, water
- Tax Lot 3
- Assessor Parcel Number 503089-070-000-0010-003-014-0000
Community Details
Overview
- Association fees include common area maintenance, gardener, heat, hot water, snow removal, water
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Trails
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- Operating Expense $9,053
- Gross Income $63,000
- Net Operating Income $43,867
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 25, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $395,000 | -12.2% | $128 / Sq Ft | |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | For Sale | $450,000 | +41.1% | $146 / Sq Ft | |
| 10/18/2016 10/18/16 | Sold | $319,000 | 0.0% | -- | View Prior Sale |
| 09/18/2016 09/18/16 | Pending | -- | -- | -- | |
| 05/28/2016 05/28/16 | For Sale | $319,000 | -- | -- |
Source: Ithaca Board of REALTORS®
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 | -- | $420,000 | $35,000 | $385,000 |
| 2024 | $11,144 | $400,000 | $35,000 | $365,000 |
| 2023 | $10,474 | $340,000 | $35,000 | $305,000 |
| 2022 | $11,012 | $340,000 | $35,000 | $305,000 |
| 2021 | $10,844 | $330,000 | $35,000 | $295,000 |
| 2020 | $10,475 | $330,000 | $35,000 | $295,000 |
| 2019 | $5,001 | $310,000 | $35,000 | $275,000 |
| 2018 | $10,254 | $310,000 | $35,000 | $275,000 |
| 2017 | $10,022 | $300,000 | $35,000 | $265,000 |
| 2016 | $9,274 | $275,000 | $35,000 | $240,000 |
| 2015 | -- | $260,000 | $35,000 | $225,000 |
| 2014 | -- | $260,000 | $35,000 | $225,000 |
Source: Public Records
Agents Affiliated with this Home
-
Hallie Magden
-
David Barken
D
Buyer's Agent in 2025
David Barken
Howard Hanna S Tier Inc
(607) 319-6380
45 Total Sales
-
Joe Giordano
Seller's Agent in 2016
Joe Giordano
Howard Hanna S Tier Inc
(607) 351-1267
26 Total Sales
-
Edward Finegan
E
Buyer's Agent in 2016
Edward Finegan
EDWARD J FINEGAN
(607) 279-0234
13 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1622287
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