
607 N Cayuga St Ithaca, NY 14850
Fall Creek NeighborhoodEstimated payment $4,168/month
Highlights
- Property is near public transit
- Wood Flooring
- Baseboard Heating
- Boynton Middle School Rated A-
- Patio
- 1-minute walk to Thompson Park
About This Home
Superb location in the heart of Fall Creek for this turnkey 4-unit close to Gimmee Coffee, Thompson Park and walkable to all things Ithaca! Very well maintained/updated/improved home w/three 1-BR apts and one 2-BR. Over $70K in upgrades in past 4 years including improved parking lot w/patio & landscaping, insulation (attic recently), windows, roofing, stairs, flooring, more! Pleasant well-windowed units with mostly wood floors. Very desirable units in great location walkable to The Commons, Farmers Market/ Waterfront trail, and uphill to Cornell. Unit 1R (1sr floor Rear) lease now to 7/31/25 from $1250 to $1320/mo. Owner financing available to qualified buyers. Ask your agent for details, floor plans, and virtual tour.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-227-3742 License #30AH0838385 Listed on: 02/27/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,220
Year Built
- Built in 1900
Lot Details
- 4,520 Sq Ft Lot
- Lot Dimensions are 40x113
- Partially Fenced Property
- Rectangular Lot
Home Design
- Quadruplex
- Stone Foundation
- Spray Foam Insulation
- Metal Roof
- Aluminum Siding
Interior Spaces
- 2,296 Sq Ft Home
- 2-Story Property
- Attic or Crawl Hatchway Insulated
Flooring
- Wood
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
Parking
- 2 Car Garage
- Parking Available
- Common or Shared Parking
Schools
- Fall Creek Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 500700-034-000-0007-017-000-0000
Community Details
Overview
- Association fees include electricity, heat, hot water, water
- 4 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Operating Expense $7,936
- Gross Income $57,600
- Net Operating Income $34,444
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/14/2025 04/14/25 | Pending | -- | -- | -- |
02/27/2025 02/27/25 | For Sale | $525,000 | +24.4% | $229 / Sq Ft |
02/03/2020 02/03/20 | Sold | $422,000 | -3.9% | $184 / Sq Ft |
01/04/2020 01/04/20 | Pending | -- | -- | -- |
10/16/2019 10/16/19 | For Sale | $439,000 | +15.8% | $191 / Sq Ft |
10/30/2015 10/30/15 | Sold | $379,000 | 0.0% | $165 / Sq Ft |
09/30/2015 09/30/15 | Pending | -- | -- | -- |
06/23/2015 06/23/15 | For Sale | $379,000 | -- | $165 / Sq Ft |
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Source: Ithaca Board of REALTORS®
MLS Number: R1590597