This well-positioned four-unit property offers strong fundamentals and immediate opportunity for the next owner. With two of the four units currently available, buyers have flexibility to place tenants, complete finishing touches, or occupy a unit while generating income. The property has good bones and is ready to operate with minimal appliance updates, making it an efficient entry point for investors or owner-occupants alike.
Whether you are building a growing rental portfolio, house hacking, or expanding an existing portfolio, this asset provides multiple strategies to create value and cash flow. Conveniently located near the city center, the property offers easy access to shops, dining, services, and everyday amenities, supporting strong tenant demand and long-term desirability.
A solid opportunity to acquire an income-producing property at an attractive price point with upside potential
Owner is delaying negotiations and reviewing all offers at 4pm on Friday, February 6th. We will receive offers and schedule showings in the meantime.
Closed
$285,000
108 2nd St, Ithaca, NY 14850
4beds
2,448sqft
Quadruplex, Multi Family
Built in 1965
-- sqft lot
$285,900 Zestimate®
$116/sqft
$1,835 Estimated rent
Home value
$285,900
$229,000 - $355,000
$1,835/mo
Zestimate® history
Owner options
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$1,835/mo
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$1,835/mo
Rent Zestimate®
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$2,006/mo
Est. payment
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$2,006/mo
Est. payment
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Minimal appliance updates
Zillow last checked:
Listing updated:
Listed by:
Isaac Kain 607-428-0708,
Berkshire Hathaway HomeServices Heritage Realty
Bought with:
Christopher Anagnost, 37AN0236407
Christopher George Real Estate
Source: NYSAMLSs,MLS#: R1659488
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies, Vinyl
- Basement: Dirt Floor,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
Property
Parking
- Parking features: No Driveway, On Street
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard, See Remarks
Lot
- Size: 3,402 sqft
- Dimensions: 40 x 85
- Features: Corner Lot, Flood Zone, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50070004500000060010000000
- Zoning description: Residential Multi Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Copper Plumbing
- Foundation: Block, Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1965
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $285,000-21.9%$116/sqft |
Source:  NYSAMLSs #R1659488 Report a problem | ||
| 2/10/2026 | Pending sale | $365,000$149/sqft |
Source: NYSAMLSs #R1659488 Report a problem | ||
| 1/24/2026 | Listed for sale | $365,000+29.4%$149/sqft |
Source: NYSAMLSs #R1659488 Report a problem | ||
| 4/20/2017 | Sold | $282,000+0.7%$115/sqft |
Source: NYSAMLSs #IB308440 Report a problem | ||
| 1/23/2017 | Pending sale | $280,000$114/sqft |
Source: RealtyUSA #308440 Report a problem | ||
| 1/18/2017 | Listed for sale | $280,000$114/sqft |
Source: RealtyUSA #308440 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 4/10Beverly J Martin Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 1.1 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Beverly J Martin Elementary
- Middle: Boynton Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Ithaca
- 14850
- 108 2nd St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ithaca Topics
