$320,000

Estimated payment $2,506/month

Total Views 981
4 Beds
2 Baths
2,268 Sq Ft
$141 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Baseboard Heating
  • Boynton Middle School Rated A-
  • Tankless Water Heater
  • Rectangular Lot

About This Home

Excellent opportunity to own a well maintained, fully rented two-unit property in Ithaca. The spacious upstairs features 3 bedrooms and 1 full bath with comfortable living space and a functional layout. A generous rental or perfect for future owner occupancy. The lower-level unit offers a newly updated 1 bedroom and 1 full bath with easy entry-level access.
Tenants enjoy the benefits of a large yard and shared parking area, along with shared laundry facilities.
Conveniently located on Spencer Road with easy access to bus routes as well as downtown Ithaca and the Colleges, 536 Spencer Road is a solid opportunity to add a well-positioned, income-producing property to your portfolio. Can be purchased as a bundle with 609 Spencer Rd MLS R1709841.

Listing Agent

Trisha Shore

Howard Hanna S Tier Inc Brokerage Phone: 607-592-7283 License #10401342975 Listed on: 09/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,877

Year Built

  • Built in 1920

Lot Details

  • 13,523 Sq Ft Lot
  • Lot Dimensions are 95x142
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Common or Shared Parking

Schools

  • Fall Creek Elementary School

Utilities

  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 500700-124-000-0001-009-000-0000

Community Details

Overview

  • Association fees include gardener, snow removal, trash collection, water
  • 2 Units
  • Section 124 Subdivision

Building Details

  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,877

Year Built

Built in 1920

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.3104
  • Lot Size: 95X142
  • Road Frontage Type: City Street
  • Subdivision Name: Section 124
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Year Built: 1920
  • Attribution Contact: 607-592-7283
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Appliances: Gas Water Heater, Tankless Water Heater
  • Owner Pays: Grounds Care, Snow Removal, Trash Collection, Water
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 972.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Living Area: 2268.0
  • Stories: 1

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Common, Parking Available

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gardener, Snow Removal, Trash Collection, Water

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 13523.0
  • Parcel #: 500700-124-000-0001-009-000-0000

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 8877.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,010 $275,000 $54,200 $220,800
2024 $5,552 $275,000 $54,200 $220,800
2023 $5,760 $260,000 $54,200 $205,800
2022 $7,439 $215,000 $54,200 $160,800
2021 $7,186 $200,000 $54,200 $145,800
2020 $4,607 $200,000 $54,200 $145,800
2019 $5,249 $185,000 $54,200 $130,800
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
09/03/2026 09/03/26 For Sale $320,000 +22.6% $141 / Sq Ft
08/12/2022 08/12/22 Sold $261,000 +0.4% $123 / Sq Ft View Prior Sale
07/13/2022 07/13/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $260,000 +30.7% $123 / Sq Ft
08/22/2018 08/22/18 Sold $199,000 +4.7% $154 / Sq Ft View Prior Sale
07/23/2018 07/23/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $190,000 -- $147 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1709839

APN: 500700 124.-1-9

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