Kristopher Buchan
Tompkins Cortland Real Estate
(607) 250-1293
187 Total Sales
3 in Northeast Ithaca
$296K - $311K Price Range
218 Sapsucker Woods Rd Ithaca, NY 14850
Northeast Ithaca Area
8
Beds
6
Baths
3,204
Sq Ft
0.4
Acre Lot
Highlights
- Property is near public transit
- Baseboard Heating
- Trails
- Ceramic Tile Flooring
- 2 Car Garage
- Laundry Facilities
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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,160
Year Built
- Built in 1975
Lot Details
- 17,424 Sq Ft 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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 8, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ithaca, NY
-
Kristopher Buchan
-
Jamie Jensen
Jamie Jensen
Howard Hanna
(607) 391-2590
131 Total Sales
9 in Northeast Ithaca
$240K - $570K Price Range
-
Melissa Shames
Melissa Shames
Howard Hanna
(607) 275-5407
134 Total Sales
3 in Northeast Ithaca
$435K - $570K Price Range
-
Kristin Ahlness
Kristin Ahlness
Howard Hanna
(607) 388-1728
67 Total Sales
1 in Northeast Ithaca
$607,000 Price
-
KiRa Fritzky-Randolph
KiRa Fritzky-Randolph
Howard Hanna
(607) 605-6797
54 Total Sales
3 in Northeast Ithaca
$404K - $473K Price Range
-
Johan Dulfer
Johan Dulfer
Berkshire Hathaway HomeServices Heritage Realty
(315) 566-0022
79 Total Sales
5 in Northeast Ithaca
$290K - $588K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $135,000 | Mark B Wheeler |
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 | |
| 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
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
-
Hallie Magden
Seller's Agent in 2025
Hallie Magden
Howard Hanna S Tier Inc
(607) 227-2139
63 Total Sales
-
David Barken
D
Buyer's Agent in 2025
David Barken
Howard Hanna S Tier Inc
(607) 319-6380
48 Total Sales
-
Joe Giordano
Seller's Agent in 2016
Joe Giordano
Howard Hanna S Tier Inc
(607) 351-1267
26 Total Sales
-
Edward Finegan
E
Buyer's Agent in 2016
Edward Finegan
EDWARD J FINEGAN
(607) 279-0234
13 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1622798
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