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Property at 419 N Albany Street, Ithaca City, NY 14850
ACTIVE
$20,000
$499,000

419 N Albany StreetIthaca City, NY, 14850

6 Beds2 Baths2,682 SqFt0.09 Acres
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 and $1900/month (a bit under market). 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. Owner in the process of getting transferable C of C. Don't miss the virtual tour!
1 / 26

Est. Monthly

$2,365/MO

$499,000
$20,000

419 N Albany Street, Ithaca City, NY

6 Beds2 Baths2,682 SqFt0.09 Acres

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 and $1900/month (a bit under market). 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. Owner in the process of getting transferable C of C. Don't miss the virtual tour!

StatusActive
Property TypeResidential
Property SubtypeDuplex
Year Built1890
Days on Market57 days

Est. Monthly Payment

$2,365.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

419 N Albany Street

Ithaca City, NY 14850 • Tompkins
6
Beds
2
Baths
2,682
SqFt
0.09
Acres
Status
Active
Property Type
Residential
Property Subtype
Duplex
Year Built
1890136 years ago
Days on Market
57 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $14,774
Property History
  • Price reduced
    May 13, 2026 • NYSAMLS • R1673604
    $519,000 → $499,000
  • Listed for sale
    Apr 14, 2026 • NYSAMLS • R1673176
    $519,000
Mortgage Calculator
Estimated monthly payment for this property
$2,365.25
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#
    R1673604
  • Listing Office
    Howard Hanna S Tier Inc
  • Last Updated
    2 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Zoned
    • Baseboard
    • Hot Water
    • Multiple Heating Units

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Tile
    • Varies
    • Vinyl
  • Basement
    • Crawl Space
    • Full
    • Walk Out Access
  • Windows
    Thermal Windows
  • Interior Features
    Ceiling Fans

Parking

  • Parking Features
    • Gravel
    • Parking Available
    • Two Or More Spaces

Lot & Grounds

  • Lot Size
    0.09 acres
  • Lot Features
    • Near Public Transit
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Patio & Porch
    • Covered
    • Open
    • Porch

Type

  • Property Type
    Residential
  • Property Subtype
    Duplex
  • Architectural Style
    Duplex

Structure

  • Construction
    • Frame
    • Vinyl Siding
  • Roof
    • Asphalt
    • Metal
    • Shingle
  • Foundation
    • Block
    • Stone

Condition

  • Year Built
    1890
  • Condition
    Resale
  • Days on Market
    57 days
  • Water
    Connected
  • Sewer
    Connected
  • Electric
    Circuit Breakers
  • Utilities
    • Cable Available
    • Electricity Available
    • Electricity Connected
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected
Also Listed On
  • NYSAMLS
    1 related listing
    Active$499,000

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

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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