419 N Albany Street Ithaca City, NY $ 499,000
419 N Albany Street
$ 499,000
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419 N Albany Street

Ithaca City, NY, 14850
$ 499,000
Bedrooms6 Baths2.0 Sq 2,682

Monthly Estimate*

$ 3,072

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Single Family Home for sale in Ithaca City, NY for $499,000 with 6 bedrooms and 2 full baths. This 2,682 square foot home was built in 1890 on a lot size of 0.09.

Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, ½ mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and $1900/month (a bit under market). Strong opportunity for future income. Tenants are friendly, reliable, and responsible, allowing a smooth transition for the next owner. Directly across from a beautiful 3-acre city park complete with a public pool and basketball courts. An elementary school and community center are 1 block away, adding to the neighborhood’s appeal. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex is a fantastic opportunity. Owner in the process of getting transferable C of C. Don't miss the virtual tour!

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Single Family Active

Price

$ 499,000

Bedrooms

6

Full Bath

2

Property Type

Single Family

Taxes

$ 14,774

Style

Duplex

Lot Size

0.09

Year Built

1890

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1673604

Features
Interior
Interior Amenities CeilingFans
Basement CrawlSpace Full WalkOutAccess
Flooring Carpet Hardwood Tile Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Half Baths 0
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 2
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General
Sewer Connected
Heating Gas Zoned Baseboard HotWater MultipleHeatingUnits
Cooling Zoned
Utilities CableAvailable ElectricityAvailable ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Metal Shingle
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Covered Open Porch
Architectural Style Duplex
Construction Materials Frame VinylSiding
School District Ithaca
Year Built 1890
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Duplex
Gross Income 48000.0
County Tompkins
Net Operating Income 30677.0
Operating Expense 2549.0
Property Type Residential
Subdivision Name Section 50
Rent Includes HotWater Water
Full Baths 2
Status Active
City Ithaca City
Senior Community Y/N No
High School District Ithaca
Number Of Units Total 2
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 3960.0
Elementary School Beverly J Martin Elementary
Year Built Details Existing
Tax Annual Amount 14774.0
Property Condition Resale
Virtual Tour https://tours.actionhousemedia.com/tours/Y_6WyYNO7
Structure Type Duplex
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 450000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Duplex
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Exterior
Parking Features Gravel ParkingAvailable TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.09
Foundation Details Block Stone
Building Area Total 2682.0
Lot Dimensions 40X99
Lot Size Acres 0.09
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
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Internal Only
Street Number 1 419
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(607) 220-6050

Phone

Affordability Calculator

$4,304
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$1,231
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
5133727 Elementary School
3323858 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$499,000 -3.85% Price Down
4/15/2026$519,000 Listed Price

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419 N Albany Street, Ithaca City, NY, 14850 is a Single Family Home for sale at $499,000 with 2,682 sqft and a lot size of 0.09. 419 N Albany Street has 6 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 14850 which is in Ithaca City, NY