Active

$1,950,000

204-208 W Spencer St W #210, Ithaca, NY 14850

15beds

0baths

10,230sqft

Multi Family

Built in 1975

-- sqft lot

$-- Zestimate^®

$191/sqft

$-- HOA

What's special

Dedicated parkingFully rented apartment units

Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking. Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M. Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.

264 days

90

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 0

Heating

Gas, Baseboard, Hot Water

Appliances

Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Features

Flooring: Carpet, Hardwood, Varies, Vinyl
Basement: Full,Finished,Partially Finished
Has fireplace: No

Interior area

Total structure area: 10,230
Total interior livable area: 10,230 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Three or more Spaces, No Garage, Shared Driveway

Features

Stories: 3
Patio & porch: Deck
Exterior features: Blacktop Driveway, Deck, Gravel Driveway

Lot

Size: 0.61 Acres
Dimensions: 185 x 126
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Additional structures: Barn(s), Outbuilding
Additional parcels included: 50070009300000060090000000
Parcel number: 50070009300000060080000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Frame, Concrete
Roof: Asphalt,Shingle

Condition

Resale
Year built: 1975

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Community

Features: Storage Facilities

Location

Region: Ithaca

Financial & listing details

Price per square foot: $191/sqft
Tax assessed value: $1,350,000
Annual tax amount: $40,090
Date on market: 11/21/2025
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/31/2026	Price change	$1,950,000-7.1%$191/sqft
Source: NYSAMLSs #R1651764 Report a problem
11/21/2025	Listed for sale	$2,100,000$205/sqft
Source: NYSAMLSs #R1651764 Report a problem