NOT LISTED FOR SALE

202 Sapsucker Woods Rd Ithaca, NY 14850

8 Beds
4 Baths
3,204 Sq Ft
0.4 Acres Lot

Sale Details

Date Sold: November 20, 2025

Last sale price $395,000 $123 Per Sq Ft

28 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Trails
  • Northeast School Rated A
  • 2 Car Garage
  • Laundry Facilities

About This Home

As of November 2025

Multi-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 3-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. 3 rented apartments. Apartment 1B is undergoing renovations and will be easy to rent. 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 3BR/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.cation.

Last Agent to Sell the Property

Hallie Magden

Howard Hanna S Tier Inc Brokerage Phone: 607-227-2139 License #30MA0946188 Listed on: 07/17/2025

Howard Hanna S Tier Inc

Last Buyer's Agent

David Barken

Howard Hanna S Tier Inc License #10401313416

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,160

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

  • 3,204 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Northeast Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • The owner pays for grounds care, heat, hot water, snow removal, water
  • Tax Lot 3
  • Assessor Parcel Number 503089-070-000-0010-003-018-0000

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 $10,763
  • Gross Income $61,764
  • Net Operating Income $42,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,160

Year Built

Built in 1975

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.4017
  • Lot Size: 100X175
  • Road Frontage Type: City Street
  • Directions: Hanshaw Road to Sapsucker Woods Rd
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1975
  • Attribution Contact: 607-227-2139
  • Special Features: None
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Appliances: Electric Water Heater
  • Owner Pays: Grounds Care, Heat, Hot Water, Snow Removal, Water
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Living Area: 3204.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Heating: Electric, Baseboard, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Heat, Hot Water, Snow Removal, Water

Schools

  • Elementary School: Northeast
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Lot Size Sq Ft: 17500.0
  • Parcel #: 503089-070-000-0010-003-018-0000
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 61764.0
  • Property Net Operating Income: 42841.0
  • Annual Operating Expense: 10763.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 8160.0
  • Tax Lot: 3
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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 Prior Sale
11/20/2025 11/20/25 Sold $395,000 -12.2% $123 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $450,000 +41.1% $140 / Sq Ft
10/18/2016 10/18/16 Sold $319,000 0.0% -- View Prior Sale
09/18/2016 09/18/16 Pending -- -- --
04/19/2016 04/19/16 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 -- $340,000 $35,000 $305,000
2024 $9,704 $340,000 $35,000 $305,000
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

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1622307

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