525 W Green Street Ithaca City, NY $ 575,000
525 W Green Street
$ 575,000
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525 W Green Street

Ithaca City, NY, 14850
$ 575,000
Bedrooms8 Baths4.0 Sq 4,210

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Ithaca City, NY for $575,000 with 8 bedrooms and 4 full baths. This 4,210 square foot home was built in 1975 on a lot size of 0.18.

Welcome to 525 W. Green Street, ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable. Numerous updates enhance both value and appeal, including a new metal roof, new flooring, fresh interior paint, and more (see full list of improvements). Each unit features generously sized bedroom(s), functional kitchen, and inviting living spaces designed for comfortable everyday living. With separate gas and electric utilities, updated mechanicals, and solid construction, this property offers efficiency and ease of management. Additional amenities include parking space for 3-4 vehicles, a basement laundry area, ample storage space, and a fenced private yard, all highly desirable features for tenants. All four units are currently rented, providing immediate income and strong rental demand in a sought-after location. This property supports long-term stability and tenant retention. Whether you are expanding your investment portfolio or seeking an owner-occupant opportunity with built-in income, this turnkey multifamily delivers versatility and reliable cash-flow potential, a rare opportunity. Schedule your private showing today!

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Multi-Family Active

Price

$ 575,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 15,379

Style

Fourplex

Lot Size

0.18

Year Built

1975

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1662383

Features
General
Sewer Connected
Heating Gas Other SeeRemarks Baseboard
Cooling Other SeeRemarks
Utilities HighSpeedInternetAvailable SewerConnected WaterConnected
Possession Closing
Roof Metal
Appliances GasWaterHeater
Garage Spaces 0.0
Architectural Style Fourplex
Construction Materials AluminumSiding Stucco
School District Ithaca
Year Built 1975
Stories Count 3
Township Not Applicable
Property Subtype MultiFamily
Gross Income 66000.0
County Tompkins
Net Operating Income 45535.0
Operating Expense 5086.0
Property Type Residential
Energy Efficient Appliances
Rent Includes Other SeeRemarks Water
Full Baths 4
Status Active
Directions Route 13 to W Green St. House on the right.
High School Ithaca Senior High
City Ithaca City
Senior Community Y/N No
High School District Ithaca
Number Of Units Total 4
MLS Area Ithaca-City-500700
Lot Size Units Acres
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 15379.0
Middle/Junior High School Dewitt Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 465000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 9
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Interior
Basement ExteriorEntry Full WalkUpAccess SumpPump
Flooring Hardwood Laminate Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 4
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Exterior
Exterior Amenities Fence PrivateYard SeeRemarks
Fencing Partial
Parking Features Common Concrete TwoOrMoreSpaces Unpaved
Lot Features IrregularLot NearPublicTransit ResidentialLot
Water Source Connected Public
Lot Size Area 0.18
Foundation Details Block
Building Area Total 4210.0
Lot Dimensions 38X204
Lot Size Acres 0.18
Waterfront Y/N No
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
Road Frontage Type CityStreet
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Internal Only
Street Number 1 525
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(607) 220-6050

Phone

Affordability Calculator

$4,822
Per Month
73%
27%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$1,282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133762 Elementary School
5133729 Middle School
Ithaca Senior High High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$575,000 Listed Price

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525 W Green Street, Ithaca City, NY, 14850 is a Multi-Family Home for sale at $575,000 with 4,210 sqft and a lot size of 0.18. 525 W Green Street has 8 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 14850 which is in Ithaca City, NY