Seller's Agent in 2025
Hallie Magden
Howard Hanna S Tier Inc
(607) 227-2139
7 in this area
68 Total Sales
218 Sapsucker Woods Rd Ithaca, NY 14850
8
Beds
6
Baths
3,204
Sq Ft
0.4
Acres
Highlights
- Property is near public transit
- Ceramic Tile Flooring
- 2 Car Garage
- Northeast School Rated A
- Baseboard Heating
- Trails
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 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. 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 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.rime 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
- $8,160
Year Built
- Built in 1975
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 100x175
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Block Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3,204 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Location
- Property is near public transit
Schools
- Northeast Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- The owner pays for all utilities
- Assessor Parcel Number 503089-070-000-0010-003-022-0000
Community Details
Overview
- Association fees include all utilities
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Trails
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- Operating Expense $9,602
- Gross Income $64,080
- Net Operating Income $46,318
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Home Values in the Area
Average Home Value in this Area
Property History
| 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 | |
| 09/13/2025 09/13/25 | 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 | -- | -- | -- | |
| 05/28/2016 05/28/16 | For Sale | $319,000 | -- | -- |
Source: Ithaca Board of REALTORS®
Tax History Compared to Growth
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 | $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
-
Hallie Magden
-
David Barken
D
Buyer's Agent in 2025
David Barken
Howard Hanna S Tier Inc
(607) 319-6380
4 in this area
41 Total Sales
-
Joe Giordano
Seller's Agent in 2016
Joe Giordano
Howard Hanna S Tier Inc
(607) 351-1267
22 Total Sales
-
Edward Finegan
E
Buyer's Agent in 2016
Edward Finegan
EDWARD J FINEGAN
(607) 279-0234
2 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1622798
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