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116 3rd Street Ithaca City, NY $ 432,450
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116 3rd Street
$ 432,450
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116 3rd Street

Ithaca City, NY, 14850
$ 432,450
Bedrooms6 Baths2.1 Sq 2,298

Monthly Estimate*

$ 2,663

116 3rd Street, Ithaca City, NY 14850 - Image 1
116 3rd Street, Ithaca City, NY 14850 - Image 2
116 3rd Street, Ithaca City, NY 14850 - Image 3
116 3rd Street, Ithaca City, NY 14850 - Image 4
116 3rd Street, Ithaca City, NY 14850 - Image 5
116 3rd Street, Ithaca City, NY 14850 - Image 6
Multi-Family Home for sale in Ithaca City, NY for $432,450 with 6 bedrooms and 2 full baths, 1 half bath. This 2,298 square foot home was built in 1900 on a lot size of 0.1242.

Downtown Ithaca duplex with strong location appeal. Within walking distance of the Farmers Market, Cayuga Lake, Stewart Park, local dining, shopping, and nearby medical facilities, this well-maintained property offers convenience for tenants and owners alike. Regular updates throughout the interior help make this a turnkey investment opportunity. Walk to Red Feet, or out to dinner. The Park is also nearby! The science center beckons. Both units rented into 2027 Solid rental, great condition inside.

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Multi-Family Active

Price

$ 432,450

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,795

Style

Duplex

Lot Size

0.1242

Year Built

1900

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1689973
Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Asphalt
Appliances SeeRemarks WaterHeater
Garage Spaces 1.0
Architectural Style Duplex
Construction Materials CompositeSiding Frame
School District Ithaca
Year Built 1900
Tenant Pays AllUtilities
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
Gross Income 44400.0
County Tompkins
Net Operating Income 33055.0
Operating Expense 1550.0
Property Type Residential
Energy Efficient Appliances Lighting
Garage Y/N Yes
Rent Includes Gardener
Full Baths 2
Status Active
Directions Between Madison and Monroe
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 5410.0
Elementary School Beverly J Martin Elementary
Year Built Details Existing
Tax Annual Amount 9795.0
Middle/Junior High School Boynton Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 375000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
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Interior
Basement Partial
Flooring Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Garage Gravel TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1242
Foundation Details Stone
Building Area Total 2298.0
Lot Dimensions 41X131
Lot Size Acres 0.1242
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Berkshire Hathaway Homeservices Heritage Realty

Broker

(607) 275-1234

Phone

Affordability Calculator

$3,479
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,663
Monthly Property Taxes
$816
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
4006388 Middle School
Ithaca Senior High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/13/2026$432,450 Listed Price

Map

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116 3rd Street, Ithaca City, NY, 14850 is a Multi-Family Home for sale at $432,450 with 2,298 sqft and a lot size of 0.1242. 116 3rd Street has 6 bedrooms, 2.1 baths, and was built in 1900. The property's zip code is 14850 which is in Ithaca City, NY

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