Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking.
Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M.
Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.
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Listing Snapshot
Price
$1,950,000
Days On Site
146 Days
Bedrooms
15
Inside Area (SqFt)
10,230 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.61 Acres
Year Built
1975
MLS® Number
R1651764
Status
Active
Property Tax
$40,090
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
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Recent Activity
2 weeks ago
Price changed to $1,950,000
2 weeks ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Acres
0.61
Cross Street
N Titus Ave
Number Of Stories
3
Parking
GravelNo GarageShared DrivewayAsphaltDriveway
Property Sub Type
Multi Family
Special Circumstances
Standard
SqFt Total
10230
Utilities
Sewer ConnectedWater Connected
Water Source
Public
Interior Features
Appliances
Gas OvenGas RangeGas Water HeaterRefrigerator
Basement
FullFinishedPartially Finished
Flooring
CarpetHardwoodVariesVinyl
Heating
BaseboardHot WaterNatural Gas
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Exterior Features
Construction Details
BlockFrameConcrete
Lot Features
Rectangular Lot
Other Structures
Barn(s)Outbuilding
Patio And Porch
Deck
Road Frontage
City Street
Roof
AsphaltShingle
Community Features
Financing Terms Available
Cash
MLS Area
Ithaca-City-500700
School District
Ithaca
Township
Not Applicable
Schools
School District
Ithaca
Elementary School
South Hill
Middle School
Boynton Middle
High School
Ithaca Senior High
Listing courtesy of Zoe Leonard of Howard Hanna S Tier Inc (917) 887-5458
Listing information is provided by Participants of the Ithaca Board of REALTORS®. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Ithaca Board of REALTORS®
Last checked 2026-04-17 05:26 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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