Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces.
Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.
Active
$1,000,000
505 Dryden Rd, Ithaca, NY 14850
11beds
4,318sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
Generous lot
- 14 days |
- 314 |
- 8 |
Zillow last checked:
Listing updated:
Listing by:
Warren Real Estate of Ithaca Inc. (Downtown) 607-257-0666,
David Wahl 607-227-3132
Source: NYSAMLSs,MLS#: R1670708
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Zoned, Baseboard, Hot Water
Cooling
- Zoned
Appliances
- Included: Gas Water Heater
Features
- Natural Woodwork
- Flooring: Hardwood, Laminate, Varies, Vinyl
- Basement: Full,Partially Finished
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 4,318
- Total interior livable area: 4,318 sqft
Property
Parking
- Parking features: Other, See Remarks, Two or More Spaces
Features
- Stories: 4
Lot
- Size: 871.2 Square Feet
- Dimensions: 80 x 90
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50070006400000060030000000
- Zoning description: Residential Multi Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- 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: $232/sqft
- Tax assessed value: $660,000
- Annual tax amount: $23,836
- Date on market: 4/3/2026
- Cumulative days on market: 428 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $1,000,000-4.8%$232/sqft |
Source:  NYSAMLSs #R1670708 Report a problem | ||
| 4/3/2026 | Listing removed | $1,050,000$243/sqft |
Source: NYSAMLSs #R1626678 Report a problem | ||
| 10/17/2025 | Price change | $1,050,000-4.5%$243/sqft |
Source: NYSAMLSs #R1626678 Report a problem | ||
| 8/4/2025 | Listed for sale | $1,100,000$255/sqft |
Source: NYSAMLSs #R1626678 Report a problem | ||
| 8/4/2025 | Listing removed | $1,100,000$255/sqft |
Source: NYSAMLSs #R1586857 Report a problem | ||
| 7/22/2025 | Price change | $1,100,000-4.3%$255/sqft |
Source: NYSAMLSs #R1586857 Report a problem | ||
| 2/3/2025 | Listed for sale | $1,150,000+148.9%$266/sqft |
Source: NYSAMLSs #R1586857 Report a problem | ||
| 6/2/2024 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/13/2024 | Price change | $800-1.8% |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Price change | $815-1.2% |
Source: Zillow Rentals Report a problem | ||
| 2/13/2024 | Listed for rent | $825+1.2% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/9/2018 | Listing removed | $815 |
Source: Owner Report a problem | ||
| 9/8/2018 | Listed for rent | $815 |
Source: Owner Report a problem | ||
| 7/30/2004 | Sold | $462,000+30.1%$107/sqft |
Source: Public Record Report a problem | ||
| 12/16/1999 | Sold | $355,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $660,000 |
| 2024 | -- | $660,000 |
| 2023 | -- | $660,000 |
| 2022 | -- | $660,000 +4.8% |
| 2021 | -- | $630,000 |
| 2020 | -- | $630,000 +10.5% |
| 2019 | -- | $570,000 |
| 2018 | -- | $570,000 +10.7% |
| 2017 | $16,360 | $515,000 |
| 2016 | -- | $515,000 |
| 2015 | -- | $515,000 |
| 2014 | -- | $515,000 |
| 2013 | -- | $515,000 |
| 2012 | -- | $515,000 +10% |
| 2011 | -- | $468,000 |
| 2010 | -- | $468,000 |
| 2009 | -- | $468,000 |
| 2008 | -- | $468,000 |
| 2007 | -- | $468,000 |
| 2006 | -- | $468,000 |
| 2005 | -- | $468,000 +33.7% |
| 2004 | -- | $350,000 |
| 2003 | -- | $350,000 |
| 2002 | -- | $350,000 |
| 2001 | -- | $350,000 |
| 2000 | -- | $350,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 4/10Belle Sherman SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 1.7 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- Middle: Dewitt Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tompkins County
- Ithaca
- 14850
- 505 Dryden Rd
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