Excellent opportunity to live downtown while generating income, or own a proven investment property! This well-maintained Greek Revival duplex features two spacious 3-bed, 1-bath units, allowing you to pay your taxes – and part of your mortgage - with rental income.
Highlights: Prime Location – Minutes to Farmers Market, GreenStar, Cayuga Medical, The Commons & more. Updated Kitchens and Baths – Includes a renovated bathroom w/new stone-tiled shower in the lower unit, fresh paint, and a beautifully renovated kitchen. Spacious and full of character – High ceilings, historic charm, and modern updates. Extra storage– Two large, durable sheds for owners & tenants. Separate utilities – Ideal for investors or owner-occupiers. Easy commute – Quick access to Cornell; bus routes nearby. Lovingly owner-occupied for many years, this home has been kept with an extra level of care. Sweet private fenced backyard is low maintenance and perfect to sit, relax in the sun, and grill.
Closed
$415,000
206 3rd St, Ithaca, NY 14850
6beds
2,600sqft
Duplex, Multi Family
Built in 1864
-- sqft lot
$417,300 Zestimate®
$160/sqft
$2,147 Estimated rent
Home value
$417,300
$346,000 - $501,000
$2,147/mo
Zestimate® history
Owner options
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$2,147/mo
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$2,147/mo
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$2,958/mo
Est. payment
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$2,958/mo
Est. payment
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List your homeWhat's special
Modern updatesPrivate fenced backyardRenovated bathroomLow maintenanceFull of characterHigh ceilingsUpdated kitchens
Zillow last checked:
Listing updated:
Listed by:
Hilda Moleski 607-220-3369,
Warren Real Estate of Ithaca Inc. (Downtown)
Bought with:
Garrett Venuto, 10401360100
Warren Real Estate of Ithaca Inc.
Source: NYSAMLSs,MLS#: R1587304
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
- Laundry: Accessible Utilities or Laundry
Features
- Ceiling Fan(s), Bedroom on Main Level
- Flooring: Carpet, Laminate, Luxury Vinyl, Varies
- Basement: Exterior Entry,Full,Walk-Up Access
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Two or More Spaces
Accessibility
- Accessibility features: Accessible Bedroom, No Stairs
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence, Private Yard, See Remarks
- Fencing: Partial
Lot
- Size: 3,920 Square Feet
- Dimensions: 55 x 72
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 44.57
- Zoning description: Residential 2 Unit
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Frame, Other, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1864
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $380,000
- Annual tax amount: $11,981
- Date on market: 2/5/2025
- Cumulative days on market: 67 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $415,000-3.3%$160/sqft |
Source:  NYSAMLSs #R1587304 Report a problem | ||
| 4/14/2025 | Contingent | $429,000$165/sqft |
Source: NYSAMLSs #R1587304 Report a problem | ||
| 3/11/2025 | Price change | $429,000-1.4%$165/sqft |
Source: NYSAMLSs #R1587304 Report a problem | ||
| 2/27/2025 | Price change | $435,000-3.1%$167/sqft |
Source: NYSAMLSs #R1587304 Report a problem | ||
| 2/5/2025 | Listed for sale | $449,000+64.5%$173/sqft |
Source: NYSAMLSs #R1587304 Report a problem | ||
| 10/26/2015 | Sold | $273,000+7.1%$105/sqft |
Source: NYSAMLSs #IB303102 Report a problem | ||
| 8/4/2015 | Listed for sale | $255,000+103.5%$98/sqft |
Source: RealtyUSA #303102 Report a problem | ||
| 9/14/2009 | Sold | $125,300-19.2%$48/sqft |
Source: Public Record Report a problem | ||
| 6/2/2009 | Listed for sale | $155,000-11.4%$60/sqft |
Source: Realty USA #127862 Report a problem | ||
| 2/17/2009 | Listing removed | $175,000$67/sqft |
Source: VLS Homes Report a problem | ||
| 11/22/2008 | Listed for sale | $175,000$67/sqft |
Source: VLS Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $380,000 |
| 2024 | -- | $380,000 +3% |
| 2023 | -- | $369,000 +10.1% |
| 2022 | -- | $335,000 +15.5% |
| 2021 | -- | $290,000 |
| 2020 | -- | $290,000 +7.4% |
| 2019 | -- | $270,000 |
| 2018 | -- | $270,000 |
| 2017 | $6,928 | $270,000 |
| 2016 | -- | $270,000 +80% |
| 2015 | -- | $150,000 |
| 2014 | -- | $150,000 +11.1% |
| 2013 | -- | $135,000 |
| 2012 | -- | $135,000 |
| 2011 | -- | $135,000 |
| 2010 | -- | $135,000 -6.9% |
| 2009 | -- | $145,000 |
| 2008 | -- | $145,000 +19.3% |
| 2007 | -- | $121,500 |
| 2006 | -- | $121,500 +5.7% |
| 2005 | -- | $115,000 +15% |
| 2004 | -- | $100,000 |
| 2003 | -- | $100,000 +22% |
| 2002 | -- | $82,000 |
| 2001 | -- | $82,000 |
| 2000 | -- | $82,000 |
Find assessor info on the county website
Neighborhood: 14850
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Nearby schools
GreatSchools rating
- 3/10Beverly J Martin Elementary SchoolGrades: PK-5Distance: 0.3 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
- 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
- 206 3rd St
Nearby cities
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Nearby zip codes
Other Ithaca Topics
