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Property at 204-208-210 W Spencer Street, Ithaca City, NY 14850
ACTIVE
0
$2,100,000

204-208-210 W Spencer StreetIthaca City, NY, 14850

10,230 SqFt0.61 Acres
Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking. Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M. Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.
1 / 36

Est. Monthly

$9,954/MO

$2,100,000

204-208-210 W Spencer Street, Ithaca City, NY

10,230 SqFt0.61 Acres

Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking. Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M. Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.

StatusActive
Property TypeCommercial Sale
Property SubtypeApartment
Year Built1975
Total Rooms33 rooms
Days on Market204 days

Est. Monthly Payment

$9,953.95

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

204-208-210 W Spencer Street

Ithaca City, NY 14850 • Tompkins
—
Beds
—
Baths
10,230
SqFt
0.61
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Apartment
Year Built
197551 years ago
Total Rooms
33 rooms
Days on Market
204 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $40,090
Property History
  • Price reduced
    Mar 31, 2026 • NYSAMLS • R1651764
    $2,100,000 → $1,950,000
  • Listed for sale
    Nov 21, 2025 • NYSAMLS • R1651975
    $2,100,000
Mortgage Calculator
Estimated monthly payment for this property
$9,953.95
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1651975
  • Listing Office
    Howard Hanna S Tier Inc
  • Last Updated
    201 days ago

Climate & Systems

  • Heating
    • Gas
    • Zoned
    • Baseboard
    • Hot Water

Interior Features

  • Flooring
    • Hardwood
    • Linoleum
    • Varies
    • Vinyl
  • Basement
    • Full
    • Partial

Parking

  • Parking Features
    • Driveway
    • Surfaced
  • Parking Spaces
    19

Lot & Grounds

  • Lot Size
    0.61 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Apartment

Structure

  • Roof
    Asphalt

Condition

  • Year Built
    1975
  • Condition
    Resale
  • Days on Market
    204 days
  • Water
    Public
  • Sewer
    None
  • Utilities
    Water Connected
Also Listed On
  • NYSAMLS
    1 related listing
    Active$1,950,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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