Multi-Family Investment Near Cornell & Sapsucker Woods
Don't miss this fully rented, well-maintained multi-family property just minutes from Cornell University and the renowned Sapsucker Woods bird sanctuary. Offering strong cash flow and long-term potential, this opportunity features four desirable units:
Two 3-bedroom, 1.5-bath apartments
Two 1-bedroom, 1-bath apartments
Each unit is equipped with in-building washer/dryer, dishwasher, and ample parking. Large back and side yard with plenty of room for picnics and play.
3 rented apartments. Apartment 1B is undergoing renovations and will be easy to rent.
Located close to scenic trails, world-class birdwatching, and all that Ithaca has to offer, this is a smart investment in a sought-after area with built-in stability and future upside.
Highlights:
4 units (2x 3BR/1.5BA, 2x 1BR/1BA)
Strong rental history & long-term tenants
Minutes to Cornell University & Sapsucker Woods
A rare opportunity to own a low-maintenance, income-generating property in a prime Ithaca location.cation.
Under contract
$450,000
202 Sapsucker Woods Rd, Ithaca, NY 14850
8beds
3,204sqft
Quadruplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Ample parking
- 25 days
- on Zillow |
- 322 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 09:02am
Listing by:
Howard Hanna S Tier Inc 607-257-0800,
Hallie Magden 607-227-2139
Source: NYSAMLSs,MLS#: R1622307
Originating MLS: Ithaca Board of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Baseboard, Hot Water
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Varies, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,204
- Total interior livable area: 3,204 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Paved, Two or More Spaces
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.4 Acres
- Dimensions: 100 x 175
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50308907000000100030180000
- Zoning description: Residential Multi Use
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
- Foundation: Block
- Roof: Asphalt
Condition
- Resale
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Trails/Paths
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $340,000
- Annual tax amount: $8,160
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional
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