Closed

$345,000

326 E Falls St, Ithaca, NY 14850

6beds

2,676sqft

Triplex, Multi Family

Built in 1890

-- sqft lot

$412,100 Zestimate^®

$129/sqft

$2,062 Estimated rent

Home value

$412,100

$379,000 - $449,000

$2,062/mo

Zestimate^® history

Owner options

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$2,062/mo

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$2,062/mo

Rent Zestimate^®

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$2,488/mo

Est. payment

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$2,488/mo

Est. payment

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What's special

Three-unit downtown Ithaca across from Ithaca Falls, on bus route and walking distance to Cornell. First floor -apartment #1: large living room with unique windows, 2 bedrooms, kitchen, updated bathroom, enclosed porch. Rent was $1,305/mo. Second floor-apartment #2: large living room, 3 bedrooms, kitchen, bathroom, enclosed porch. Rent was $1,365/mo.Third floor- apartment #3: kitchen, bath, dining, large living room, 1 bedroom. Rent was$990/mo. Owner pays utitliies. No separate meters. Sold as-is. Seller will not repair.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Natural Woodwork
Flooring: Carpet, Other, See Remarks, Varies, Vinyl
Basement: Crawl Space,Full
Has fireplace: No

Interior area

Total structure area: 2,676
Total interior livable area: 2,676 sqft

Property

Parking

Parking features: No Driveway

Features

On waterfront: Yes
Waterfront features: Other, River Access, See Remarks, Stream
Body of water: Fall Creek
Frontage length: 36

Lot

Size: 2,591 Square Feet
Dimensions: 36 x 72
Features: Corner Lot, Other, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot, See Remarks

Details

Parcel number: 50070001200000020040000000
Special conditions: Real Estate Owned

Construction

Type & style

Home type: MultiFamily
Architectural style: Other,See Remarks,Triplex
Property subtype: Triplex, Multi Family

Materials

Composite Siding, Wood Siding
Foundation: Block
Roof: Asphalt

Condition

Resale,Fixer
Year built: 1890

Utilities & green energy

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

Community & HOA

Community

Security: Fire Escape
Subdivision: Section 12

Location

Region: Ithaca

Financial & listing details

Price per square foot: $129/sqft
Tax assessed value: $300,000
Annual tax amount: $10,341
Date on market: 10/12/2023
Cumulative days on market: 11 days
Listing terms: Cash,Conventional,Rehab Financing

Price history

Date	Event	Price
4/28/2025	Listing removed	$2,500$1/sqft
Source: Zillow Rentals Report a problem
3/15/2025	Listed for rent	$2,500+119.3%$1/sqft
Source: Zillow Rentals Report a problem
2/16/2025	Listing removed	$1,140
Source: Zillow Rentals Report a problem
1/25/2025	Price change	$1,140+6.5%
Source: Zillow Rentals Report a problem
1/12/2025	Listed for rent	$1,070
Source: Zillow Rentals Report a problem
12/29/2023	Sold	$345,000-19.7%$129/sqft
Source: NYSAMLSs #S1504137 Report a problem
10/23/2023	Pending sale	$429,900$161/sqft
Source: ITMLS #411306 Report a problem
9/5/2023	Listed for sale	$429,900+28.1%$161/sqft
Source: ITMLS #411306 Report a problem
2/6/2023	Sold	$335,700+66.1%$125/sqft
Source: Public Record Report a problem
1/17/2007	Sold	$202,128$76/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$370,000 +7.2%
2024	--	$345,000 +4.5%
2023	--	$330,000 +10%
2022	--	$300,000 +9.1%
2021	--	$275,000
2020	--	$275,000 +5.8%
2019	--	$260,000
2018	--	$260,000 +8.3%
2017	$7,479	$240,000
2016	--	$240,000 +11.6%
2015	--	$215,000
2014	--	$215,000
2013	--	$215,000
2012	--	$215,000
2011	--	$215,000
2010	--	$215,000
2009	--	$215,000 +10.3%
2008	--	$195,000 +25.8%
2007	--	$155,000
2006	--	$155,000
2005	--	$155,000 +19.2%
2004	--	$130,000 +26.3%
2003	--	$102,900 +5%
2002	--	$98,000
2001	--	$98,000
2000	--	$98,000