316 Center Street Ithaca City, NY ^$ 469,900

316 Center Street

^$ 469,900

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Recently Listed

316 Center Street

Ithaca City, NY, 14850

^$ 469,900

Bedrooms5 Baths2.0 Sq 2,384

Monthly Estimate*

^$ 3,245

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Multi-Family Home for sale in Ithaca City, NY for $469,900 with 5 bedrooms and 2 full baths. This 2,384 square foot home was built in 1880 on a lot size of 0.28.

Discover space, charm, and versatility in this updated two-family home in the heart of downtown Ithaca! The first-floor apartment offers three bedrooms, one full bath, a spacious kitchen, a comfortable living room, and convenient in-unit laundry. A back deck with a pool and fully fenced front and back yards provide inviting outdoor spaces for relaxing and entertaining. Upstairs, the two-bedroom, one-bath apartment features a charming covered front porch, perfect for enjoying a quiet moment. Recent improvements include vinyl siding, replacement windows, a newer roof with a warranty through 2067, and more. Whether you’re seeking an investment property or a home with rental income potential, this downtown property offers an appealing combination of comfortable living, outdoor enjoyment, and valuable updates.

Multi-Family Active

Price

^$ 469,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,232

Style

Duplex

Lot Size

0.28

Year Built

1880

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

S1722110

Features

Interior

Interior Amenities CeilingFans

Basement ExteriorEntry Full WalkUpAccess

Flooring Carpet Laminate 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

Laundry Features WasherHookup

Total Bedrooms 5

Main Level Bathrooms 0

Total Baths 2

General

Sewer Connected

Heating Gas ForcedAir

Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt Shingle

Appliances ElectricWaterHeater

Garage Spaces 0.0

Patio/Porch Features Balcony Covered Deck Open Porch

Architectural Style Duplex

Pool Features AboveGround

Construction Materials Frame VinylSiding

School District Ithaca

Year Built 1880

Township Not Applicable

Property Subtype MultiFamily

County Tompkins

Property Type Residential

Rent Includes Water

Full Baths 2

Status Active

Directions From S Meadow to West Clinton Street. Right on S Plain and Right on Center. House on the Right. Driveway to the left of house.

High School Ithaca Senior High

City Ithaca City

Senior Community Y/N No

High School District Ithaca

Zoning Description Residential 2 Unit

Number Of Units Total 2

MLS Area Ithaca-City-500700

Lot Size Units Acres

Lot Size Square Feet 12197.0

Elementary School Belle Sherman

Year Built Details Existing

Tax Annual Amount 9232.0

Middle/Junior High School Dewitt Middle

Property Condition Resale

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1722110 https://www.propertypanorama.com/instaview-tour/syr/S1722110

Standard Status Active

Middle/Junior School District Ithaca

Elementary School District Ithaca

Tax Assessed Value 375000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 14

Exterior

Exterior Amenities Balcony Deck FullyFenced Pool

Fencing Full

Parking Features Gravel TwoOrMoreSpaces

Lot Features FloodZone NearPublicTransit Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.28

Building Area Total 2384.0

Lot Dimensions 66X175

Lot Size Acres 0.28

Waterfront Y/N No

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Internal Only

Street Number 1 316

* Excluded Features

List By

Tompkins Cortland Real Estate

Broker

(607) 898-3456

Phone

Affordability Calculator

$4,015

Per Month

Monthly Principal & Interest: $3,245
Monthly Property Taxes: $769
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

About Ithaca, NY

32,079 Population

8% Since 2002

^$37,035 Median Income

23.06 Median Age

12% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5589271 Elementary School

5589270 Middle School

Ithaca Senior High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2026	$469,900		Listed Price

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316 Center Street, Ithaca City, NY, 14850 is a Multi-Family Home for sale at $469,900 with 2,384 sqft and a lot size of 0.28. 316 Center Street has 5 bedrooms, 2.0 baths, and was built in 1880. The property's zip code is 14850 which is in Ithaca City, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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