$310,000
PENDING

523 S Albany St Ithaca, NY 14850

Estimated payment $2,654/month

Total Views 13,939
4 Beds
2 Baths
2,408 Sq Ft
$129 Price per Sq Ft

Highlights

  • Wood Flooring
  • Thermal Windows
  • Screened Patio
  • Boynton Middle School Rated A-
  • Porch
  • 3-minute walk to Titus Triangle

About This Home

Massive 85k Price Reduction!!! Downtown Ithaca living, neighborhood style, in a property with a 2 BR extra income unit, at a reasonable price! 15 Min walk to the Commons or Wegmans, AND, close real shopping? Mix, Chipotle, Panera? Auto repair shops a hop and a skip away? 523 S Albany has ALL this! 2400 sq ft of living space, divided into 2 units, the upper unit featuring a massive 2nd Level full screened porch, large kitchen, front office with crows nest lookout porch, plus access to an incredible full walk up attic-could be an artist studio, secret getaway speakeasy lounge or a clubhouse for a secret society-FUN space potential! Main level features another front porch to confer with your neighbors from, enjoy your favorite beverage etc. 2 bedrooms with common area, huge eat in kitchen. If that isn’t enough, this property features an enclosed garage and shop with right of way accessibility from Wood St! INVEST at 523 S. Albany St!

Listing Agent

Francis Martinez

Howard Hanna S Tier Inc Brokerage Phone: 607-279-2654 License #10401205808 Listed on: 06/12/2025

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,291

Year Built

  • Built in 1890

Lot Details

  • 4,158 Sq Ft Lot
  • Lot Dimensions are 42x99
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Fall Creek Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 500700-105-000-0002-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,291

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 42X99
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Year Built: 1890
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 607-279-2654
  • Special Features: None
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Other, See Remarks
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Amenities: Programmable Thermostat
  • Living Area: 2408.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Forced Air
  • Heating Yn: Yes
  • 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: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 4158.0
  • Parcel #: 500700-105-000-0002-009-000-0000

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 11291.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,729 $358,000 $34,900 $323,100
2023 $7,871 $358,000 $34,900 $323,100
2022 $10,551 $325,000 $34,900 $290,100
2021 $9,625 $270,000 $34,900 $235,100
2020 $6,178 $270,000 $34,900 $235,100
2019 $7,275 $250,000 $34,900 $215,100
2018 $5,970 $250,000 $34,900 $215,100
2017 $5,647 $230,000 $22,400 $207,600
2016 $5,699 $230,000 $22,400 $207,600
2015 -- $230,000 $22,400 $207,600
2014 -- $215,000 $22,400 $192,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $310,000 0.0% $129 / Sq Ft
06/13/2025 06/13/25 For Sale $310,000 -21.5% $129 / Sq Ft
04/24/2025 04/24/25 Off Market $395,000 -- --
04/10/2025 04/10/25 For Sale $395,000 +77.1% $164 / Sq Ft
04/17/2014 04/17/14 Sold $223,000 -0.9% $93 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $225,000 -- $93 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed $223,000 James Salk
Deed $218,000 Edward A Mazza
Deed $120,000 Randall Marcus
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,473 FHA
Previous Owner $5,691 Unknown
Previous Owner $12,000 Unknown
Source: Public Records

Similar Homes in Ithaca, NY

  • 217 1st St, Ithaca, NY 14850

    $320,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 217 1st St
    • Ithaca, NY

    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

    Kathleen Seaman Warren Real Estate of Ithaca Inc.

    Section Image
  • 509 Five Mile Dr Unit A & B, Ithaca, NY 14850

    $350,000

    • 6 Beds
    • 5 Baths
    • 2,644 Sq Ft
    • 509 Five Mile Dr
    • Unit A & B
    • Ithaca, NY

    This unique property offers the perfect blend of potential and passive income. Set on a stunning 1.8-acre lot, 509 Five Mile Drive includes a main single-family residence and a legally grandfathered duplex that was once a barn. The main house, while in need of renovation, served as a cherished home for many years and previously rented for $1,300/month. It's now ready for your vision—bring your

    Jamie Jensen Howard Hanna S Tier Inc

    Section Image
  • 213 Prospect St, Ithaca, NY 14850

    $279,000

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft
    • 213 Prospect St
    • Ithaca, NY

    This property is located in Ithaca, New York. It is a quick drive to both Ithaca College and Cornell University. The property has been fully rented out and is currently occupied until July 2026. There are spacious bedrooms with washer/dryer in each unit. There is off-street parking available for tenants as well as a front porch area for sitting outside on nice days. This property is located in

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image
  • 108 5th St, Ithaca, NY 14850

    $255,000

    • 2 Beds
    • 2 Baths
    • 1,531 Sq Ft
    • 108 5th St
    • Ithaca, NY

    Great opportunity for owner-occupant or investor! Inexpensive Northside two-unit with two one-bedroom units, separate utilities, and an easy-to-maintain lot. One off-street parking space. Main level one-bedroom is larger, has cherry flooring, a laundry, separate study and formal dining room. Good quality flooring throughout. House is now vacant, but was last rented in Nov. 2024. Main level $1,055

    Carol Bushberg Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image
  • 726 Cliff St, Ithaca, NY 14850

    $350,000

    • 5 Beds
    • 2 Baths
    • 1,840 Sq Ft
    • 726 Cliff St
    • Ithaca, NY

    This move-in ready West Hill duplex is a fantastic opportunity for investors or owner-occupants alike. Thoughtfully updated and ideally located, the property sits right on the bus route and is just minutes from downtown Ithaca and Cayuga Medical Center.Recent upgrades include:• New metal roof and siding• Mini-split heating/cooling systems• Updated flooring and interior paint•

    Zoe Leonard Howard Hanna S Tier Inc

    Section Image
  • 5 Woodland Place, Ithaca, NY 14850

    $295,000

    • 4 Beds
    • 2 Baths
    • 1,834 Sq Ft
    • 5 Woodland Place
    • Ithaca, NY

    FALL CREEK Up and Down Duplex! Ideal for owner-occupied or investment property. Hiding in plain sight on a tucked away tiny street with only 2 houses. HUGE Fenced Private Yard. Main Level APT 1, 1200 sq.ft. – 3 BR, 1 Bath: Enclosed Front Porch. Large Living Room with Fireplace. Hardwood Floors. Dining Room with Bay Window. Eat-in Kitchen with Granite Counters. Comfortable Bedrooms. Main Level

    Laurel Guy Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image
  • 118 Snyder Hill Rd, Ithaca, NY 14850

    $375,000

    • 4 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • 118 Snyder Hill Rd
    • Ithaca, NY

    This charming two-unit home is ideally located near Cornell University, offering a range of possibilities-live in one unit and rent the other, or lease both units for a steady income stream. The upper unit (#1) features an open-concept layout, with a cozy living room, complete with a woodstove, flowing into the dining area and kitchen, followed by three spacious bedrooms. The living area boasts

    Linda Hirvonen Warren Real Estate of Ithaca Inc.

    Section Image
  • 35 Dart Dr, Ithaca, NY 14850

    $375,000

    • 4 Beds
    • 2 Baths
    • 2,452 Sq Ft
    • 35 Dart Dr
    • Ithaca, NY

    Great opportunity to owner-occupy a home with passive income or use an investment property. This well maintained split level has a spacious upper unit that will be available to occupy in early August. This unit offers a large living room, eating area, kitchen, two bedrooms, and a spacious family room with lots of windows and light. The lower level unit, which is rented until spring of 2026, is a

    Jill Rosentel Warren Real Estate of Ithaca Inc. (Downtown)

    Section Image

Source: Ithaca Board of REALTORS®

MLS Number: R1614794

APN: 500700-105-000-0002-009-000-0000