$375,000

124 Sears St Ithaca, NY 14850

Fall Creek Neighborhood

Estimated payment $3,081/month

Total Views 26,967
6 Beds
2.5 Baths
2,169 Sq Ft
$173 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Covered Patio or Porch
  • DeWitt Middle School Rated A-
  • Main Floor Bedroom
  • 3-minute walk to Thompson Park

About This Home

A rare opportunity to own in Ithaca’s sought-after Fall Creek neighborhood. This well-maintained property offers hardwood floors, strong rental appeal, and a convenient location within walking distance of Gimmee! Coffee, downtown Ithaca, the Commons, Ithaca Falls, and many other local favorites. Situated on a quiet, low-traffic street, the property benefits from the charm and character that make Fall Creek one of Ithaca’s most desirable neighborhoods. Longtime residents, newer homes, and a strong sense of community contribute to the area’s enduring appeal. This older home is well kept inside, and the basement has been replaced a few decades ago with a modern concrete block foundation. Separate tenant paid utilities. Tenants pay Gas, electric, heat and water.

Listing Agent

Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/12/2026

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,262

Year Built

  • Built in 1860

Lot Details

  • 3,984 Sq Ft Lot
  • Lot Dimensions are 48x83
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Duplex
  • Brick or Stone Mason
  • Block Foundation
  • Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,169 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Parking

  • 2 Car Garage
  • Parking Available

Schools

  • Beverly J Martin Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish

Additional Features

  • Accessible Bedroom
  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • The owner pays for grounds care
  • Tax Lot 5
  • Assessor Parcel Number 500700-049-000-0001-005-000-0000

Community Details

Overview

  • Association fees include common area maintenance
  • 3 Units
  • Fall Creek Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,540
  • Gross Income $47,400
  • Net Operating Income $33,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,262

Year Built

Built in 1860

Lot Details

3,984 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.0915
  • Lot Size: 48X83
  • Road Frontage Type: City Street
  • Subdivision Name: Fall Creek
  • Directions: Between Court and Cascadilla. Enter from Court street and park once you are half way down or so. Home is about 3/4 of the way down the block, from Court Street. White.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1860
  • Attribution Contact: 607-428-0708
  • Special Features: None
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Appliances: Gas Water Heater
  • Other Equipment: Satellite Dish
  • Owner Pays: Grounds Care, Other, See Remarks
  • Accessibility Features: Accessible Bedroom
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Amenities: Natural Woodwork, Bedroom on Main Level
  • Living Area: 2169.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Brick, Frame, Stone, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Resale
  • Roof: Asphalt, Pitched

Garage/Parking

  • Parking Features: Parking Available, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Other, See Remarks

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: 3984.0
  • Parcel #: 500700-049-000-0001-005-000-0000
  • Zoning Description: Residential 2 Unit

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2
  • Annual Gross Income: 47400.0
  • Property Net Operating Income: 33598.0
  • Annual Operating Expense: 1540.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 12262.0
  • Tax Lot: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
06/12/2026 06/12/26 For Sale $375,000 0.0% $173 / Sq Ft
08/07/2025 08/07/25 For Rent $3,000 0.0% --
02/10/2025 02/10/25 Off Market $3,000 -- --
01/16/2025 01/16/25 For Rent -- -- --
Source: Ithaca Board of REALTORS®

About the Listing Agent

Brian DeYoung
Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty

(607) 524-9873

Section Image

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

View Brian's Profile

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Source: Ithaca Board of REALTORS®

MLS Number: R1689160

New York Tompkins County Ithaca 14850 Fall Creek

124 Sears St, Ithaca, NY

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Brian DeYoung
Brian DeYoung
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Berkshire Hathaway HomeServices Heritage Realty
(607) 524-9873
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