$325,000
SOLD AUG 19, 2025
4 Beds
2 Baths
1,800 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

2% Above List Price

22 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating System
  • Rectangular Lot
  • DeWitt Middle School Rated A-
  • High Speed Internet
  • 4-minute walk to Thompson Park

About This Home

As of August 2025

Exceptional opportunity to live downtown while generating rental income — or own a well-performing investment property! This well-maintained side-by-side duplex features two spacious 2-bedroom, 1-bath units. Each unit has access to a full, dry basement with laundry hook-ups and excellent storage. Live in one side and rent the other to help offset your taxes and mortgage with rental income. Prime location just minutes from the Farmers Market, GreenStar, Cayuga Medical Center, The Commons, and more. Easy commute to Cornell with nearby bus routes. Recent updates include renovated kitchens and baths, new carpeting, and a new hot water heater. Roof was replaced 16 years ago with 35-year architectural shingles. Each unit offers its own fenced backyard, a front porch, and a back porch for outdoor enjoyment. An active Certificate of Compliance is in place and will transfer to the new owner after an accepted offer. A great investment or owner-occupied property in excellent condition and a truly unbeatable location.

Last Agent to Sell the Property

Kathleen Seaman

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-280-3339 License #30SE0908346 Listed on: 05/20/2025

Last Buyer's Agent

Kelli Cartmill

Warren Real Estate of Ithaca Inc. License #10401377189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,093

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43x91
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 500700-034-000-0009-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,093

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 43X91
  • Road Frontage Type: City Street
  • Directions: At the corner of First St & Madison
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1920
  • Attribution Contact: 607-280-3339
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Varies
  • Living Area: 1800.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Fence
  • Foundation Details: Stone
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel, One Space

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel #: 500700-034-000-0009-001-000-0000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 10093.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2008
Sold by
Hoffman Steve
Bought by
Hannon Rebecca
Current Estimated Value
$333,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Outstanding Balance
$51,843
Interest Rate
6.08%
Mortgage Type
Unknown
Estimated Equity
$281,633

Purchase Details

Closed on
Jan 17, 2001
Sold by
Vancuyck Ray W
Bought by
Hoffman Steve

Purchase Details

Closed on
Jul 1, 1994
Sold by
Monroe Kathi Mae
Bought by
Vancuyck Ray W
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $139,900 Randy Marcus
Deed $82,500 Salk James A
Deed $83,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,900 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $325,000 +1.6% $181 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $320,000 -- $178 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History

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
2024 $6,434 $320,000 $42,000 $278,000
2023 $5,846 $264,000 $42,000 $222,000
2022 $8,040 $240,000 $42,000 $198,000
2021 $7,535 $210,000 $42,000 $168,000
2020 $4,772 $210,000 $42,000 $168,000
2019 $5,424 $185,000 $42,000 $143,000
2018 $4,448 $185,000 $42,000 $143,000
2017 $4,203 $170,000 $22,000 $148,000
2016 $4,241 $170,000 $22,000 $148,000
2015 -- $170,000 $22,000 $148,000
2014 -- $170,000 $22,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1604614

APN: 500700-034-000-0009-001-000-0000