Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in the basement with access available to all tenants. A current Certificate of Compliance is in place. This property also presents an excellent option for an owner-occupant to live in one unit while renting the others to help offset expenses and supplement income. Conveniently located near downtown, shopping, dining, and public transportation, this multi-unit property offers both long-term value and flexibility. A rare opportunity to own a quality income-producing property in a desirable Ithaca location.
Active
$525,000
202 Lake St, Ithaca, NY 14850
3beds
1,704sqft
Triplex, Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
- 5 days |
- 499 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,
Isaac Kain 607-428-0708
Source: NYSAMLSs,MLS#: R1694445
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,704 sqft
Property
Parking
- Parking features: Gravel, Two or More Spaces, Unpaved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Open, Porch
- Exterior features: Deck
Lot
- Size: 7,840 Square Feet
- Dimensions: 44 x 117
- Features: Corner Lot, Irregular Lot, Residential Lot
Details
- Parcel number: 50070002800000040070000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Section 28
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $360,000
- Annual tax amount: $17,185
- Date on market: 6/28/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $525,000-4.5%$308/sqft |
Source:  NYSAMLSs #R1694445 Report a problem | ||
| 4/23/2026 | Listing removed | $550,000$323/sqft |
Source: NYSAMLSs #R1661476 Report a problem | ||
| 3/6/2026 | Price change | $550,000-7.6%$323/sqft |
Source: NYSAMLSs #R1661476 Report a problem | ||
| 2/8/2026 | Listed for sale | $595,000+43.4%$349/sqft |
Source: NYSAMLSs #R1661476 Report a problem | ||
| 4/29/2022 | Sold | $415,000-2.4%$244/sqft |
Source: NYSAMLSs #IB405813 Report a problem | ||
| 3/1/2022 | Pending sale | $425,000$249/sqft |
Source:  ITMLS #405813 Report a problem | ||
| 1/16/2022 | Contingent | $425,000$249/sqft |
Source: ITMLS #405813 Report a problem | ||
| 1/3/2022 | Listed for sale | $425,000+28.8%$249/sqft |
Source: ITMLS #405813 Report a problem | ||
| 9/11/2014 | Sold | $330,000+106.3%$194/sqft |
Source: NYSAMLSs #IB141437 Report a problem | ||
| 9/3/2004 | Sold | $160,000+13.3%$94/sqft |
Source: Public Record Report a problem | ||
| 8/22/2003 | Sold | $141,250+43.4%$83/sqft |
Source: Public Record Report a problem | ||
| 11/2/1995 | Sold | $98,500$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $360,000 |
| 2024 | -- | $360,000 |
| 2023 | -- | $360,000 |
| 2022 | -- | $360,000 +5.9% |
| 2021 | -- | $340,000 |
| 2020 | -- | $340,000 +3% |
| 2019 | -- | $330,000 |
| 2018 | -- | $330,000 +10% |
| 2017 | $9,735 | $300,000 |
| 2016 | -- | $300,000 |
| 2015 | -- | $300,000 +33.3% |
| 2014 | -- | $225,000 +7.1% |
| 2013 | -- | $210,000 |
| 2012 | -- | $210,000 |
| 2011 | -- | $210,000 |
| 2010 | -- | $210,000 |
| 2009 | -- | $210,000 |
| 2008 | -- | $210,000 +17.6% |
| 2007 | -- | $178,500 +10.2% |
| 2006 | -- | $162,000 +4.5% |
| 2005 | -- | $155,000 +42.2% |
| 2004 | -- | $109,000 |
| 2003 | -- | $109,000 +4.8% |
| 2002 | -- | $104,000 |
| 2001 | -- | $104,000 |
| 2000 | -- | $104,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 6/10Fall Creek Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Fall Creek 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tompkins County
- Ithaca
- 14850
- 202 Lake St
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