Seller OFFERING $10,000 Credit/Concession at closing with acceptable offer to buyer for rate buy down or closing costs.
Owner-occupy the 1st-floor unit and collect $4,050/mo from the other three — at residential mortgage rates, not investment rates. Rents from the 2nd floor ($1,550), and detached accessory apartment ($1,300) offset your living expense.
The owner's unit is like a private home not an apartment, featuring a spacious kitchen with maple cabinetry, granite countertops, and a breakfast bar, an inviting living room centered around a classic brick fireplace, a sun-filled bonus room perfect for a home office or reading nook, and direct access to an expansive covered patio.
Two tenants are secured through July 2027, providing dependable long-term income, while the first-floor offers immediate flexibility.
Home inspections and radon tests have already been completed for both structures.
Heat, water/sewer, and trash are currently landlord-maintained on two building-level meters — a new owner may choose to separate utilities. Stop renting. Start building equity.
Active
Price cut: $14.9K (10/9)
$485,000
327 Coddington Rd, Ithaca, NY 14850
6beds
4,056sqft
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Breakfast barGranite countertopsDetached accessory apartment
- 117 days
- 463
- 33
Zillow last checked:
Listing updated:
Listed by:
RE/MAX In Motion 607-277-1500,
Lindsay Hart 607-227-5990
Source: NYSAMLSs,MLS#: R1694420
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Electric, Gas, Zoned, Baseboard
Cooling
- Zoned
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Sliding Glass Door(s), Natural Woodwork
- Flooring: Carpet, Laminate, Varies, Vinyl
- Doors: Sliding Doors
- Basement: Full,Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 4,056
- Total interior livable area: 4,056 sqft
- Finished area below ground: 1,222
Video & virtual tour
Property
Parking
- Parking features: Concrete, Gravel, Two or More Spaces
Features
- Patio & porch: Balcony, Open, Porch
- Exterior features: Balcony
Lot
- Size: 0.84 Acres
- Dimensions: 201 x 219
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50308905300000010160020000
- Zoning description: Other - See Remarks
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- Year built: 1945
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Trails/Paths
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $490,000
- Annual tax amount: $12,147
- Date on market: 7/6/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $485,000-3%$120/sqft |
Source:  NYSAMLSs #R1694420 Report a problem | ||
| 9/7/2026 | Price change | $499,900-2%$123/sqft |
Source: NYSAMLSs #R1694420 Report a problem | ||
| 8/3/2026 | Price change | $510,000-4.7%$126/sqft |
Source: NYSAMLSs #R1694420 Report a problem | ||
| 7/15/2026 | Price change | $535,000-3.6%$132/sqft |
Source: NYSAMLSs #R1694420 Report a problem | ||
| 7/6/2026 | Listed for sale | $555,000$137/sqft |
Source: NYSAMLSs #R1694420 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $490,000 |
| 2024 | -- | $490,000 +34.2% |
| 2023 | -- | $365,000 +9.9% |
| 2022 | -- | $332,000 +8.9% |
| 2021 | -- | $305,000 |
| 2020 | -- | $305,000 +10.9% |
| 2019 | -- | $275,000 |
| 2018 | -- | $275,000 |
| 2017 | $7,630 | $275,000 +7.8% |
| 2016 | -- | $255,000 |
| 2015 | -- | $255,000 |
| 2014 | -- | $255,000 |
| 2013 | -- | $255,000 |
| 2012 | -- | $255,000 |
| 2011 | -- | $255,000 |
| 2010 | -- | $255,000 |
| 2009 | -- | $255,000 |
| 2008 | -- | $255,000 +37.8% |
| 2007 | -- | $185,000 |
| 2006 | -- | $185,000 |
| 2005 | -- | $185,000 |
| 2004 | -- | $185,000 +8.8% |
| 2003 | -- | $170,000 +13.3% |
| 2002 | -- | $150,000 |
| 2001 | -- | $150,000 |
| 2000 | -- | $150,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Hill
Nearby schools
Schools provided by the listing agent
- Elementary: South Hill
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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