431 E Seneca St Ithaca, NY 14850
Downtown Ithaca NeighborhoodEstimated payment $4,029/month
Highlights
- Property is near public transit
- Wood Flooring
- Balcony
- DeWitt Middle School Rated A-
- Corner Lot
- Wood Frame Window
About This Home
Exceptional investment opportunity in Ithaca's desirable Historic East Hill neighborhood! This well-maintained 4-unit property offers a prime location just minutes from Cornell University, downtown Ithaca, restaurants, shopping, and public transportation. Fully leased for the 2026 rental term, the property boasts a strong rental history, excellent cash flow, and consistent occupancy. Recent updates and professional management make this a turnkey addition to any investment portfolio. Tenants enjoy off-street parking and a shared front porch, adding to the property's appeal. Whether you're expanding your portfolio or purchasing your first multifamily investment, this income-producing property offers an exceptional combination of location, stability, and long-term investment potential.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #10401389595 Listed on: 07/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,021
Year Built
- Built in 1876
Lot Details
- 5,181 Sq Ft Lot
- Lot Dimensions are 66x78
- Corner Lot
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Block Foundation
- Stone Foundation
- Shingle Roof
- Architectural Shingle Roof
- Asphalt Roof
- Wood Siding
- Copper Plumbing
Interior Spaces
- 3,342 Sq Ft Home
- 3-Story Property
- Woodwork
- Wood Frame Window
- Partially Finished Basement
- Partial Basement
- Storm Windows
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Balcony
- Patio
Location
- Property is near public transit
Schools
- South Hill Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- PEX Plumbing
- Gas Water Heater
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 500700-069-000-0002-011-000-0000
Community Details
Overview
- Association fees include heat
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,179 | $455,000 | $75,000 | $380,000 |
| 2024 | $9,243 | $455,000 | $75,000 | $380,000 |
| 2023 | $7,428 | $330,000 | $75,000 | $255,000 |
| 2022 | $11,700 | $330,000 | $75,000 | $255,000 |
| 2021 | $11,363 | $310,000 | $75,000 | $235,000 |
| 2020 | $7,151 | $310,000 | $75,000 | $235,000 |
| 2019 | $7,735 | $280,000 | $75,000 | $205,000 |
| 2018 | $6,788 | $280,000 | $75,000 | $205,000 |
| 2017 | $6,359 | $255,000 | $50,000 | $205,000 |
| 2016 | $5,930 | $235,000 | $50,000 | $185,000 |
| 2015 | -- | $235,000 | $50,000 | $185,000 |
| 2014 | -- | $235,000 | $50,000 | $185,000 |
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 |
|---|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Sale | $525,000 | +52.7% | $157 / Sq Ft | |
| 09/25/2020 09/25/20 | Sold | $343,740 | -6.8% | $147 / Sq Ft | View Prior Sale |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- | |
| 05/22/2020 05/22/20 | For Sale | $369,000 | -- | $158 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $343,740 | None Available | |
| Interfamily Deed Transfer | $10,000 | Randall B Marcus | |
| Deed | $160,000 | Marcus Randall B | |
| Deed | $160,000 | Marcus Randall B |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $257,805 | FHA |
Source: Ithaca Board of REALTORS®
MLS Number: R1699591
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Ask me questions while you tour the home.