121 Elm St Ithaca, NY 14850
West Hill NeighborhoodEstimated payment $1,933/month
Highlights
- Property is near public transit
- Wood Flooring
- Patio
- Cayuga Heights Elementary School Rated A-
- Attic
- Heating System Uses Steam
About This Home
Exceptional opportunity to own a duplex in one of Ithaca's most convenient locations! Just minutes from Wegmans, the Ithaca Commons, Cornell University, Ithaca College, shopping, restaurants, and public transportation, this property offers the lifestyle and convenience tenants and owner-occupants are looking for. The main-level two-bedroom apartment is vacant and ready for its next owner or tenant, making it an excellent option for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental potential. The upper-level one-bedroom apartment is currently occupied by a month-to-month tenant, providing immediate income with future flexibility. Outside, enjoy a private side patio, a rear deck with seasonal inlet views during the fall and winter months, and one off-street parking space. A newer roof adds additional value and peace of mind. Whether you're expanding your investment portfolio or searching for a property that combines homeownership with rental income, 121 Elm Street is a fantastic opportunity in a highly desirable Ithaca location.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-229-8573 License #10401330898 Listed on: 08/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,680
Year Built
- Built in 1910
Lot Details
- 4,480 Sq Ft Lot
- Lot Dimensions are 80x56
- Rectangular Lot
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,644 Sq Ft Home
- 2-Story Property
- Attic
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 1 Car Garage
- Unpaved Parking
- On-Street Parking
Schools
- Caroline Elementary School
Utilities
- Heating System Uses Gas
- Heating System Uses Steam
- Gas Water Heater
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 500700-057-000-0003-010-000-0000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- Gross Income $31,200
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 | $5,854 | $176,000 | $31,300 | $144,700 |
| 2024 | $3,612 | $176,000 | $31,300 | $144,700 |
| 2023 | $3,951 | $176,000 | $31,300 | $144,700 |
| 2022 | $5,523 | $160,000 | $31,300 | $128,700 |
| 2021 | $5,271 | $145,000 | $31,300 | $113,700 |
| 2020 | $3,378 | $145,000 | $31,300 | $113,700 |
| 2019 | $3,684 | $135,000 | $31,300 | $103,700 |
| 2018 | $3,277 | $135,000 | $31,300 | $103,700 |
| 2017 | $2,999 | $120,000 | $17,700 | $102,300 |
| 2016 | $3,026 | $120,000 | $17,700 | $102,300 |
| 2015 | -- | $105,000 | $17,700 | $87,300 |
| 2014 | -- | $105,000 | $17,700 | $87,300 |
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 |
|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $265,000 | -- | $161 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | David Tyler |
Source: Ithaca Board of REALTORS®
MLS Number: R1705008
APN: 500700-057-000-0003-010-000-0000
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Ask me questions while you tour the home.