Address
431 E Seneca Street, Ithaca City, NY
Price
$ 525,000
Property Attributes
  • MLS#R1699591
  • Type
  • Listing Status Active
  • CountyTOMPKINS
  • CityIthaca City
  • AreaIthaca-City
  • Zip14850
  • StyleFourplex
  • Year Built1876
  • Taxes$ 14021
  • Price$ 525,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3342
  • Lot Size0.1189 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Exceptional investment opportunity in Ithaca's desirable Historic East Hill neighborhood! This well-maintained 4-unit property offers a prime location just minutes from Cornell University, downtown Ithaca, restaurants, shopping, and public transportation. Fully leased for the 2026 rental term, the property boasts a strong rental history, excellent cash flow, and consistent occupancy. Recent updates and professional management make this a turnkey addition to any investment portfolio. Tenants enjoy off-street parking and a shared front porch, adding to the property's appeal. Whether you're expanding your portfolio or purchasing your first multifamily investment, this income-producing property offers an exceptional combination of location, stability, and long-term investment potential.

Elementary School
South Hill Elementary School
Price History
7/17/2026 Listed $525,000

General Features

Sewer Connected
Heating Gas,Baseboard,Electric,ForcedAir
Utilities ElectricityConnected,SewerConnected,WaterConnected
Possession Closing
Roof Asphalt,Architectural,Shingle
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Balcony,Patio
Architectural Style Fourplex
Construction Materials WoodSiding,CopperPlumbing,PexPlumbing
School District Ithaca
Year Built 1876
Electric CircuitBreakers
Stories Count 3
Township Not Applicable
Property Subtype MultiFamily
OwnerPays Heat
County Tompkins
Property Type Residential
Rent Includes Heat
Full Baths 4
Status Active
Directions From Meadow St,head east on W. Seneca St. Continue through downtown onto E. Seneca St. Property is on the left at the corner of E. Seneca St. and Schuyler Pl.
City Ithaca City
Senior Community Y/N No
High School District Ithaca
Zoning Description Residential Multi Use
Number Of Units Total 4
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 5181.0
Elementary School South Hill
Year Built Details Existing
Tax Annual Amount 14021.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 455000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 11

Interior Features

Interior Amenities NaturalWoodwork
Basement Partial,PartiallyFinished
Flooring Hardwood,Varies,Vinyl
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Window Features StormWindows,WoodFrames
Fireplace Y/N No
Total Bedrooms 5
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Patio
Parking Features TwoOrMoreSpaces
Lot Features CornerLot,NearPublicTransit,Rectangular,RectangularLot,ResidentialLot
Water Source Connected,Public
Lot Size Area 0.1189
Foundation Details Block,Stone
Building Area Total 3342.0
Lot Dimensions 66X78
Lot Size Acres 0.1189
Waterfront Y/N No
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in 14850

Price
AVG $690K
$530K
Taxes
AVG $15,788
$14,021
Year Built
AVG 1935
1876
Visits
AVG 26
18
Data Provided by Inside Real Estate®

Your Agent

Isaac Kain

Licensed Real Estate Salesperson

Office: 315-297-5108

Listed By
Isaac Kain with Berkshire Hathaway HomeServices Heritage Realty;

Areas We Cover

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