This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other.
This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014.
In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished.
Net operating income is over $36,000! Gross income is $55,920!
Active
Price cut: $30K (6/8)
$499,900
316 W Seneca St, Ithaca, NY 14850
5beds
2,747sqft
Triplex, Multi Family
Built in 1860
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Occupied studio downstairs
- 292 days |
- 375 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna S Tier Inc 607-257-0800,
Kevin Duffey 6072590021
Source: NYSAMLSs,MLS#: R1638081
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Gas, Hot Water
Cooling
- Window Unit(s), Wall Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Window Treatments
- Flooring: Carpet, Hardwood, Varies, Vinyl
- Windows: Drapes
- Basement: Full
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,747
- Total interior livable area: 2,747 sqft
Video & virtual tour
Property
Parking
- Parking features: Common, On Street, Two or More Spaces, Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard, See Remarks
Lot
- Size: 7,274 Square Feet
- Dimensions: 55 x 132
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50070006000000050170000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Copper Plumbing
- Foundation: Block, Stone
- Roof: Asphalt,Flat,Membrane,Rubber,Shingle
Condition
- Resale
- Year built: 1860
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $390,000
- Annual tax amount: $11,734
- Date on market: 9/15/2025
- Cumulative days on market: 185 days
- Listing terms: Assumable,Cash,Conventional,FHA,Lender Approval,Rehab Financing,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $499,900-5.7%$182/sqft |
Source:  NYSAMLSs #R1638081 Report a problem | ||
| 3/31/2026 | Price change | $529,900-3.6%$193/sqft |
Source: NYSAMLSs #R1638081 Report a problem | ||
| 2/16/2026 | Price change | $549,900-0.9%$200/sqft |
Source: NYSAMLSs #R1638081 Report a problem | ||
| 1/16/2026 | Price change | $554,900-0.9%$202/sqft |
Source: NYSAMLSs #R1638081 Report a problem | ||
| 10/31/2025 | Price change | $559,900-1.8%$204/sqft |
Source: NYSAMLSs #R1638081 Report a problem | ||
| 9/15/2025 | Listed for sale | $569,900+469.9%$207/sqft |
Source: NYSAMLSs #R1638081 Report a problem | ||
| 10/31/1997 | Sold | $100,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $390,000 |
| 2024 | -- | $390,000 +18.2% |
| 2023 | -- | $330,000 +10% |
| 2022 | -- | $300,000 +15.4% |
| 2021 | -- | $260,000 |
| 2020 | -- | $260,000 +8.3% |
| 2019 | -- | $240,000 |
| 2018 | -- | $240,000 +20% |
| 2017 | $6,217 | $200,000 |
| 2016 | -- | $200,000 +14.3% |
| 2015 | -- | $175,000 |
| 2014 | -- | $175,000 +12.9% |
| 2013 | -- | $155,000 |
| 2012 | -- | $155,000 |
| 2011 | -- | $155,000 |
| 2010 | -- | $155,000 |
| 2009 | -- | $155,000 |
| 2008 | -- | $155,000 +14.8% |
| 2007 | -- | $135,000 |
| 2006 | -- | $135,000 |
| 2005 | -- | $135,000 |
| 2004 | -- | $135,000 +32.4% |
| 2003 | -- | $102,000 |
| 2002 | -- | $102,000 |
| 2001 | -- | $102,000 |
| 2000 | -- | $102,000 |
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
- 4/10Beverly J Martin Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.1 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tompkins County
- Ithaca
- 14850
- 316 W Seneca St
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