$1,315,500
SOLD SEP 3, 2025
5 Beds
-- Bath
2,256 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$583 Per Sq Ft

8% Below List Price

315 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Tile Flooring
  • DeWitt Middle School Rated A-
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of September 2025

This rare offering features an up/down duplex and a three-unit building, all on one parcel, perfectly positioned near Cornell's bustling campus. Boasting five total units, the property promises steady rental income with strong tenant demand. Each unit is well-maintained, offering a mix of spacious layouts. Ample off-street parking ensures tenant convenience, while on-site laundry adds extra appeal. Whether for student housing or long-term tenants, this is an exceptional value in a high-demand location. Investors will appreciate the potential for consistent cash flow and property appreciation in one of Ithaca’s most desirable areas.

Last Agent to Sell the Property

Kyle Steele

Howard Hanna S Tier Inc Brokerage Phone: 607-342-2148 License #10301200763 Listed on: 10/23/2024

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,487

Year Built

  • Built in 1980

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Corner Lot

Home Design

  • Asphalt Roof
  • Siding
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 2,256 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • No Garage
  • Gravel Driveway

Location

  • Property is near public transit

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 500700-066-000-0003-025-000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,487

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.2296
  • Lot Size: 100X100
  • Directions: Property is located on the Corner of Cornell St and Miller St very close to the 5 way intersection at Dryden Rd.
  • Garage Yn: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1980
  • Property Sub Type Additional: Other
  • Attribution Contact: 607-342-2148
  • Special Features: None
  • Stories: 3
  • Year Built: 1980

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Owner Pays: Other, See Remarks
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Living Area: 2256.0
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Near Public Transit
  • Waterfront: No
  • Construction Type: Composite Siding, Stucco, PEX Plumbing
  • Exterior Features: Gravel Driveway
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Two Spaces, Driveway, No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 500700-066-000-0003-025-000-0000

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 30487.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $1,315,500 -7.7% $583 / Sq Ft
10/23/2024 10/23/24 For Sale $1,425,000 -- $632 / 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 $19,023 $950,000 $65,000 $885,000
2023 $22,585 $1,030,000 $65,000 $965,000
2022 $35,684 $1,030,000 $65,000 $965,000
2021 $34,842 $980,000 $65,000 $915,000
2020 $22,180 $980,000 $65,000 $915,000
2019 $3,777 $890,000 $65,000 $825,000
2018 $21,130 $890,000 $65,000 $825,000
2017 $19,775 $810,000 $65,000 $745,000
2016 $19,957 $810,000 $65,000 $745,000
2015 -- $740,000 $65,000 $675,000
2014 -- $740,000 $65,000 $675,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: R1573725

APN: 500700-066-000-0003-025-000-0000