638 Spencer Rd Ithaca, NY 14850
Spencer Road NeighborhoodEstimated payment $2,753/month
Highlights
- Baseboard Heating
- Rectangular Lot
- Carpet
- Boynton Middle School Rated A-
About This Home
Well-maintained duplex offering a fantastic investment or owner-occupant opportunity in the City of Ithaca. This newer-construction property features updated heating systems and hot water heaters, providing low-maintenance ownership and peace of mind. Each unit offers three floors of living space with flexible layouts that can accommodate a variety of living arrangements, home office needs, or recreational spaces. Ample off-street parking adds convenience for residents and guests alike. Ideally located close to shopping, parks, restaurants, and everyday amenities, this property combines strong rental appeal with a desirable location. A great opportunity to own a low-maintenance investment property with spacious units, modern mechanicals, and excellent long-term potential.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-227-2139 License #30MA0946188 Listed on: 06/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,616
Year Built
- Built in 2009
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 47x149
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Poured Concrete
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- South Hill Elementary School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 500700-128-000-0002-001-023-0000
Community Details
Overview
- Association fees include snow removal, trash collection, water
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gross Income $45,456
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 | $11,720 | $360,000 | $45,100 | $314,900 |
| 2024 | $7,217 | $360,000 | $45,100 | $314,900 |
| 2023 | $5,846 | $264,000 | $45,100 | $218,900 |
| 2022 | $7,860 | $240,000 | $45,100 | $194,900 |
| 2021 | $7,186 | $200,000 | $45,100 | $154,900 |
| 2020 | $4,701 | $200,000 | $45,100 | $154,900 |
| 2019 | $6,350 | $200,000 | $45,100 | $154,900 |
| 2018 | $4,799 | $200,000 | $45,100 | $154,900 |
| 2017 | $4,925 | $200,000 | $16,000 | $184,000 |
| 2016 | $4,970 | $200,000 | $16,000 | $184,000 |
| 2015 | -- | $200,000 | $16,000 | $184,000 |
| 2014 | -- | $200,000 | $16,000 | $184,000 |
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 |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | Price Changed | $325,000 | -7.1% | $163 / Sq Ft |
| 06/18/2026 06/18/26 | For Sale | $350,000 | -- | $175 / 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 |
|---|---|---|---|
| Deed | $471,000 | Randall Marcus | |
| Deed | $35,000 | Charles Guttman |
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 |
|---|---|---|---|
| Previous Owner | $196,868 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1691657
APN: 500700-128-000-0002-001-023-0000
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Ask me questions while you tour the home.