Nestled between Cornell University and Ithaca College in one of Ithaca’s most desirable rental corridors, this turn-key duplex blends proven income production with exceptional versatility. The updated raised ranch design with a finished lower level features two spacious three-bedroom units and has generated approximately $61,000 in rental income over the past year, making it an outstanding opportunity for investors, owner-occupants, or multigenerational living. The upper unit offers a bright living space, butcher block kitchen island with USB outlet ports, and private deck overlooking the spacious back yard. The lower unit features an open-concept living and dining area with direct access to a beautiful patio, ideal for relaxing or entertaining. Both units include digital smart thermostats, in-unit laundry, dishwashers, and layouts well-suited for a variety of rental strategies. Conveniently located just over a mile from East Hill Plaza and less than 10 minutes from Collegetown and downtown Ithaca, this home offers easy access to shopping, dining, hiking trails, and scenic gorges. Enjoy nearby Six Mile Creek Vineyard along the Finger Lakes Wine Trail, all while experiencing the perfect blend of location, lifestyle, and investment appeal. Schedule your showing today!
68 days
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248
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13
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Zillow last checked:
Listing updated:
Listed by:
Warren Real Estate of Ithaca Inc.607-257-0666,
Cierra Cain607-229-8789
Source: NYSAMLSs,MLS#: R1683258Originating MLS: Ithaca Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2
Heating
Gas, Baseboard, Hot Water
Appliances
Included: Gas Water Heater
Features
Ceiling Fan(s), Other, See Remarks
Flooring: Varies, Vinyl
Basement: Full,Finished
Has fireplace: No
Interior area
Total structure area: 2,288
Total interior livable area: 2,288 sqft
Finished area below ground: 1,144
Property
Parking
Parking features: Carport, Gravel, Two or More Spaces
Has carport: Yes
Features
Levels: Two
Stories: 2
Patio & porch: Deck, Patio
Exterior features: Deck, Patio
Lot
Size: 0.34 Acres
Dimensions: 101 x 150
Features: Irregular Lot, Near Public Transit
Details
Parcel number: 50308905700000010080650000
Zoning description: Residential 2 Unit
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family
Materials
Brick, Composite Siding
Roof: Asphalt,Shingle
Condition
Resale
Year built: 1970
Utilities & green energy
Sewer: Connected
Water: Connected, Public
Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
Region: Ithaca
Financial & listing details
Price per square foot: $196/sqft
Tax assessed value: $400,000
Annual tax amount: $10,656
Date on market: 5/20/2026
Cumulative days on market: 156 days
Listing terms: Cash,Conventional,FHA,Private Financing Available
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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