Active

$535,000

125 Elmira Rd, Ithaca, NY 14850

6beds

2,304sqft

Multi Family

Built in 2017

-- sqft lot

$-- Zestimate^®

$232/sqft

$-- HOA

What's special

Own laundry

Built in 2017, 125 Elmira Road offers a compelling opportunity to own a newer two-unit property in the City of Ithaca. With approximately 2,300 square feet of living space, each unit features 3 bedrooms, 2 full bathrooms, and its own laundry, creating two comfortable and highly functional living spaces. With a strong rental history and two partial leases currently in place for both units, this is an attractive option for an investor looking to add an established income-producing property to their portfolio. Situated along Elmira Road with easy access to Downtown Ithaca, Ithaca College, Cornell University, shopping, dining, and major commuter routes, 125 Elmira Road offers a combination of location, rental history, and modern construction that can be difficult to find in the Ithaca investment market.

3 days
343
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Ductless, Electric, Baseboard

Cooling

Ductless

Appliances

Included: Electric Water Heater

Features

Flooring: Luxury Vinyl
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,304
Total interior livable area: 2,304 sqft

Property

Parking

Parking features: Common, Other, See Remarks, Two or More Spaces

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Porch

Lot

Size: 5,662 Square Feet
Dimensions: 28 x 125
Features: Irregular Lot

Details

Parcel number: 50070011600000010020010000
Zoning description: Residential 2 Unit
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Vinyl Siding
Roof: Asphalt,Shingle

Condition

Resale
Year built: 2017

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Spencer Road Sec 116

Location

Region: Ithaca

Financial & listing details

Price per square foot: $232/sqft
Tax assessed value: $495,000
Annual tax amount: $16,818
Date on market: 8/28/2026
Listing terms: Cash,Conventional,FHA,Other,See Remarks

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/29/2026	Price change	$535,000+9.4%$232/sqft
Source: NYSAMLSs #R1710671 Report a problem
9/23/2022	Pending sale	$489,000+4%$212/sqft
Source: ITMLS #406378 Report a problem
9/20/2022	Sold	$470,250-3.8%$204/sqft
Source: NYSAMLSs #IB406378 Report a problem
6/6/2022	Contingent	$489,000$212/sqft
Source: ITMLS #406378 Report a problem
5/16/2022	Price change	$489,000-2%$212/sqft
Source: ITMLS #406378 Report a problem
4/11/2022	Listed for sale	$499,000$217/sqft
Source: ITMLS #406378 Report a problem
5/12/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
2/10/2021	Listed for rent	$2,310$1/sqft
Source: Zillow Rental Manager Report a problem