Address
419 N Albany Street, Ithaca City, NY
Price
$ 479,000
Property Attributes
  • MLS#R1673176
  • TypeSingle Family
  • Listing Status Active
  • CountyTOMPKINS
  • CityIthaca City
  • AreaIthaca-City
  • NeighborhoodSection 50
  • Zip14850
  • StyleHistoricAntique,TwoStory
  • Year Built1890
  • Taxes$ 14774
  • Price$ 479,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2682
  • Lot Size0.09 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

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. 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. Transferable C of C approved and on file. Don't miss the virtual tour! Financial analysis available upon request!

Elementary School
Beverly J Martin Elementary
Price History
4/14/2026 Listed $519,000
5/13/2026 4$499,000
8/7/2026 5$479,000

General Features

Sewer Connected
Heating Gas,Zoned,Baseboard,HotWater,MultipleHeatingUnits
Cooling Zoned
Utilities CableAvailable,ElectricityAvailable,ElectricityConnected,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Asphalt,Metal,Shingle
Appliances Dryer,ExhaustFan,ElectricOven,ElectricRange,GasWaterHeater,Refrigerator,RangeHood,Washer
Garage Spaces 0.0
Patio/Porch Features Covered,Open,Porch
Architectural Style HistoricAntique,TwoStory
Construction Materials Frame,VinylSiding
School District Ithaca
Year Built 1890
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype SingleFamilyResidence
Community Features TrailsPaths
County Tompkins
Property Type Residential
Subdivision Name Section 50
Garage Y/N No
Other Structures Sheds,Storage
Total Rooms 13
Full Baths 2
Status Active
Directions Located between W Court and Cascadilla St.
City Ithaca City
Senior Community Y/N No
High School District Ithaca
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
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 450000
TaxOtherAnnualAssessmentAmount 0.0
Virtual Tour https://tours.actionhousemedia.com/tours/Y_6WyYNO7

Interior Features

Interior Amenities CeilingFans,Den,EntranceFoyer,SeparateFormalLivingRoom,HomeOffice,LivingDiningRoom,SecondKitchen,BedroomOnMainLevel,MainLevelPrimary
Basement CrawlSpace,Full,WalkOutAccess
Flooring Carpet,Hardwood,Tile,Varies,Vinyl
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Laundry Features InBasement
Total Bedrooms 6
Main Level Bedrooms 3
Main Level Bathrooms 1
Total Baths 2

Exterior Features

Exterior Amenities GravelDriveway
Parking Features NoGarage,Driveway
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
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 Single Family Average in 14850

Price
AVG $530K
$480K
Taxes
AVG $11,324
$14,774
Year Built
AVG 1954
1890
Visits
AVG 12
36
Data Provided by Inside Real Estate®

Areas We Cover

Fair Housing Icon NY Fair Housing Notice