Closed

$551,500

181 Ellis Hollow Creek Rd, Ithaca, NY 14850

8beds

4,224sqft

Multi Family

Built in 1985

-- sqft lot

$552,500 Zestimate^®

$131/sqft

$1,878 Estimated rent

Home value

$552,500

$464,000 - $657,000

$1,878/mo

Zestimate^® history

Owner options

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$1,878/mo

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$1,878/mo

Rent Zestimate^®

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$3,880/mo

Est. payment

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$3,880/mo

Est. payment

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What's special

Wood burning fireplaceSecond private accessPlenty of natural lightSpacious eat-in kitchensEntry and linen closets

You have been so good all year long, this Holiday Season give yourself the gift of a cash flowing asset! Located in the Ithaca City School District, this well maintained and fully rented Ellis Hollow Multi-Unit consists of 4 apartments, each 2 bedrooms and 1 full bath. All apartments offer spacious eat-in kitchens, living rooms, entry and linen closets and plenty of natural light. The house is fully electric and separately metered. The 'Owners Unit' has a wood burning fireplace and a second, private access if Owner occupying is of interest! Set on a peaceful 2.5 acre corner lot, the property also offers a common laundry room and ample parking for tenant convenience.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Electric, Baseboard

Appliances

Included: Electric Water Heater
Laundry: Common Area

Features

Flooring: Carpet, Laminate, Varies, Vinyl
Basement: Full,Finished
Number of fireplaces: 1

Interior area

Total structure area: 4,224
Total interior livable area: 4,224 sqft

Property

Parking

Parking features: Gravel, Parking Available, Two or More Spaces

Features

Levels: Two
Stories: 2
Exterior features: Private Yard, See Remarks

Lot

Size: 2.51 Acres
Dimensions: 325 x 352
Features: Corner Lot, Rectangular, Rectangular Lot

Details

Parcel number: 50248905800000010030360000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Fiber Cement
Foundation: Block
Roof: Metal

Condition

Resale
Year built: 1985

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Ithaca

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $325,000
Annual tax amount: $8,034
Date on market: 12/12/2025
Cumulative days on market: 10 days
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
4/17/2026	Sold	$551,500+4.3%$131/sqft
Source: NYSAMLSs #R1654194 Report a problem
1/22/2026	Pending sale	$529,000$125/sqft
Source: NYSAMLSs #R1654194 Report a problem
12/23/2025	Contingent	$529,000$125/sqft
Source: NYSAMLSs #R1654194 Report a problem
12/12/2025	Listed for sale	$529,000$125/sqft
Source: NYSAMLSs #R1654194 Report a problem