OPPORTUNITY KNOCKS! Prime development location with municipal services offers income to carry. This 3 unit investment property... two bedroom and two 1 bedrooms... currently is leased below market rent and with some updating and vision could be a gem of a money maker. Solid building close to Cayuga Mall, Triphammer Mall and Pyramid Mall and medical. Large expansive one acre lot with two roads of frontage offers expansion possibilities. Adjacent investment property with municipal services may have right of first refusal or possibly purchased at the same time for a total of 1.7 acres. Property is being sold "as-is".
Closed
$265,000
2451 N Triphammer Rd, Ithaca, NY 14850
5beds
2,739sqft
Triplex, Multi Family
Built in 1839
-- sqft lot
$276,100 Zestimate®
$97/sqft
$2,035 Estimated rent
Home value
$276,100
$221,000 - $337,000
$2,035/mo
Zestimate® history
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List your homeWhat's special
Expansive one acre lotSolid buildingTwo roads of frontage
Zillow last checked:
Listing updated:
Listed by:
Kathleen M Markowski 607-342-0778,
Warren Real Estate of Ithaca Inc.
Bought with:
Alanie Woodin, 10401354150
RE/MAX In Motion
Source: NYSAMLSs,MLS#: R1616828
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Natural Woodwork
- Flooring: Carpet, Hardwood, Tile, Varies
- Basement: Partial,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,739
- Total interior livable area: 2,739 sqft
Property
Parking
- Parking features: Parking Available, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.02 Acres
- Dimensions: 199 x 198
- Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 50320104500200010220000000
- Zoning description: Other - See Remarks
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Other, See Remarks
- Foundation: Other, Poured, See Remarks
- Roof: Metal
Condition
- Resale
- Year built: 1839
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $290,000
- Annual tax amount: $6,700
- Date on market: 6/20/2025
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $265,000-8.6%$97/sqft |
Source:  NYSAMLSs #R1616828 Report a problem | ||
| 8/18/2025 | Pending sale | $290,000$106/sqft |
Source: NYSAMLSs #R1616828 Report a problem | ||
| 7/11/2025 | Contingent | $290,000$106/sqft |
Source: NYSAMLSs #R1616828 Report a problem | ||
| 6/20/2025 | Listed for sale | $290,000+75.8%$106/sqft |
Source: NYSAMLSs #R1616828 Report a problem | ||
| 1/31/2013 | Sold | $164,970$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $290,000 |
| 2024 | -- | $290,000 +38.8% |
| 2023 | -- | $209,000 +10% |
| 2022 | -- | $190,000 +5.6% |
| 2021 | -- | $180,000 |
| 2020 | -- | $180,000 |
| 2019 | -- | $180,000 +12.5% |
| 2018 | -- | $160,000 |
| 2017 | $4,659 | $160,000 |
| 2016 | -- | $160,000 |
| 2015 | -- | $160,000 |
| 2014 | -- | $160,000 |
| 2013 | -- | $160,000 +6.7% |
| 2012 | -- | $150,000 |
| 2011 | -- | $150,000 |
| 2010 | -- | $150,000 |
| 2009 | -- | $150,000 |
| 2008 | -- | $150,000 +19% |
| 2007 | -- | $126,000 |
| 2006 | -- | $126,000 |
Find assessor info on the county website
Neighborhood: 14850
Nearby homes
- $189,2001 bd1 ba864 sqft2450 N Triphammer Rd, Ithaca, NY 14850Off Market
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Nearby schools
GreatSchools rating
- 8/10Northeast Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Dewitt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Beverly J Martin 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.
- New York
- Tompkins County
- Ithaca
- 14850
- 2451 N Triphammer Rd
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Other Ithaca Topics
