Well-maintained and fully rented duplex offering an excellent opportunity for investors looking for income-producing property in Ithaca. The lower unit offers 2 bedrooms and 1 full bath while the upstairs unit features 3 bedrooms and 1 full bath, along with a balcony for added outdoor space. Each unit has their own laundry, a welcome addition for tenants. The roof was replaced approximately two years ago, providing an important recent capital improvement.
Conveniently located on Spencer Road with easy access to bus routes as well as downtown Ithaca and the Colleges, 609 Spencer Road is a solid opportunity to add a well-positioned, income-producing property to your portfolio. Can be purchased as a bundle with 536 Spencer Rd MLS R1709839.
Active
$315,000
609 Spencer Rd, Ithaca, NY 14850
5beds
1,920sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
- 5 days
- 597
- 19
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna S Tier Inc 607-257-0800,
Trisha Shore 607-592-7283
Source: NYSAMLSs,MLS#: R1709841
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Flooring: Ceramic Tile, Laminate, Varies
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Video & virtual tour
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.35 Acres
- Dimensions: 135 x 112
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50070012900000020020010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Asphalt
Condition
- Resale
- Year built: 1986
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Section 129
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $280,000
- Annual tax amount: $9,038
- Date on market: 9/3/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $315,000+29.9%$164/sqft |
Source:  NYSAMLSs #R1709841 Report a problem | ||
| 8/17/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2026 | Price change | $1,800+2.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2026 | Listed for rent | $1,750+20.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/23/2023 | Listed for rent | $1,450+3.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/27/2022 | Listed for rent | $1,407+11.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/30/2021 | Listed for rent | $1,260$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/22/2021 | Listed for rent | $1,260$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/28/2021 | Sold | $242,500-11.8%$126/sqft |
Source: NYSAMLSs #IB403790 Report a problem | ||
| 3/25/2021 | Pending sale | $275,000$143/sqft |
Source: ITMLS #403790 Report a problem | ||
| 2/25/2021 | Listed for sale | $275,000+7.9%$143/sqft |
Source: ITMLS #403790 Report a problem | ||
| 7/25/2017 | Listing removed | $254,900$133/sqft |
Source: HOMES OF ITHACA #308518 Report a problem | ||
| 3/24/2017 | Price change | $254,900-3.8%$133/sqft |
Source: HOMES OF ITHACA #308518 Report a problem | ||
| 2/13/2017 | Price change | $264,900-7%$138/sqft |
Source: HOMES OF ITHACA #308518 Report a problem | ||
| 1/24/2017 | Listed for sale | $284,900+52.4%$148/sqft |
Source: HOMES OF ITHACA #308518 Report a problem | ||
| 3/13/2014 | Sold | $187,000+11.6%$97/sqft |
Source: NYSAMLSs #IB138980 Report a problem | ||
| 5/15/2008 | Listing removed | $167,500$87/sqft |
Source: VLS Homes Report a problem | ||
| 4/5/2008 | Price change | $167,500-6.9%$87/sqft |
Source: VLS Homes Report a problem | ||
| 1/30/2008 | Listed for sale | $179,900+227.1%$94/sqft |
Source: VLS Homes Report a problem | ||
| 4/22/2003 | Sold | $55,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $280,000 |
| 2024 | -- | $280,000 +6.1% |
| 2023 | -- | $264,000 +10% |
| 2022 | -- | $240,000 +6.7% |
| 2021 | -- | $225,000 |
| 2020 | -- | $225,000 +12.5% |
| 2019 | -- | $200,000 |
| 2018 | -- | $200,000 +8.1% |
| 2017 | $4,962 | $185,000 |
| 2016 | -- | $185,000 +19.4% |
| 2015 | -- | $155,000 |
| 2014 | -- | $155,000 +19.2% |
| 2013 | -- | $130,000 |
| 2012 | -- | $130,000 |
| 2011 | -- | $130,000 |
| 2010 | -- | $130,000 |
| 2009 | -- | $130,000 |
| 2008 | -- | $130,000 +20.4% |
| 2007 | -- | $108,000 |
| 2006 | -- | $108,000 +8% |
| 2005 | -- | $100,000 +17.6% |
| 2004 | -- | $85,000 +30.8% |
| 2003 | -- | $65,000 -27.8% |
| 2002 | -- | $90,000 |
| 2001 | -- | $90,000 |
| 2000 | -- | $90,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14850
Nearby schools
Schools provided by the listing agent
- Elementary: Fall Creek 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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