Address
431 E Seneca Street, Ithaca City, NY
Price
$ 525,000
Property Attributes
- MLS#R1699591
- TypeMulti-Family
- 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 Multi-Family Average in 14850
Price
Taxes
Year Built
Visits