Exceptional turn-key duplex investment with a proven rental track record and multiple income strategies already in place. This fully renovated and professionally maintained property has been successfully operated using a blend of academic-year leasing and summer short-term rental demand, offering investors a rare ready-to-perform asset in one of Ithaca’s strongest rental corridors.
The upper 3-bedroom residence features a remodeled open-concept layout, updated kitchen and bath, new Pergo flooring, and a private deck—ideal for long-term or executive-style rentals. The lower 3-bedroom unit includes a remodeled bathroom and direct access to a private patio. Both units are equipped with in-unit washer/dryer, dishwashers, all new windows, and energy-efficient upgrades through Snug Planet, ensuring comfort, efficiency, and long-term durability.
A new, curated furnishing package is included in the sale, allowing the next owner to step into a fully furnished, income-ready property from day one. Additional amenities include covered carport parking plus driveway parking, low-maintenance improvements, and a layout that supports seamless operation across both long-term and short-term rental models.
Located minutes from Cornell University, Ithaca College, and Downtown Ithaca, this property also offers excellent owner-occupant flexibility, providing the option to live in one unit while the other continues to generate income.
Detailed income history, operating structure, and furnishings list available upon request.
Active
$499,900
217 Snyder Hill Rd, Ithaca, NY 14850
6beds
2,288sqft
Mixed Use, Duplex, Multi Family
Built in 1970
-- sqft lot
$485,400 Zestimate®
$218/sqft
$-- HOA
What's special
Driveway parkingCovered carport parkingPrivate deckRemodeled open-concept layoutNew pergo flooringUpdated kitchenRemodeled bathroom
- 3 days |
- 966 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: 17 hours ago
Listing by:
Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,
Sharleena Destinee Swansbrough 607-428-0708
Source: NYSAMLSs,MLS#: R1659948
Originating MLS: Ithaca Board of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Baseboard, Hot Water
Appliances
- Included: Gas Water Heater
Features
- Flooring: Varies, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
- Finished area below ground: 1,144
Property
Parking
- Total spaces: 1
- Parking features: Carport, Paved, On Street
- Garage spaces: 1
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Deck, Patio
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 150
- Features: Irregular Lot, Other, See Remarks
Details
- Parcel number: 50308905700000010080650000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Mixed Use, Duplex, Multi Family
Materials
- Brick, Composite Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1970
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $336,000
- Annual tax amount: $8,736
- Date on market: 1/27/2026
- Listing terms: Cash,Conventional
Estimated market value
$485,400
$461,000 - $510,000
$2,725/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Listed for sale | $499,900+20.5%$218/sqft |
Source: | ||
| 6/5/2024 | Sold | $415,000-2.4%$181/sqft |
Source: | ||
| 4/15/2024 | Contingent | $425,000$186/sqft |
Source: | ||
| 3/7/2024 | Listed for sale | $425,000+51.5%$186/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $336,000 |
| 2023 | -- | $336,000 +10.2% |
| 2022 | -- | $305,000 +8.9% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: East Ithaca
Nearby schools
GreatSchools rating
- 6/10Belle Sherman SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Boynton Middle SchoolGrades: 6-8Distance: 3.5 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Caroline Elementary
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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