benny.estate
For SaleMLS # R169424217 days on market

116 - 118 Ferris Place Unit 18

Ithaca, NY 14850 · Tompkins County

Price

$1,500,000

Bed / Bath

23 bd

Interior

8,902 sqft

Lot

11,761 sqft lot

Built

1900

↓ Reduced from $1,515,000

About this home

Just off State Street, a few blocks south of Collegetown Center and just up the hill from the Commons, this large 24-bedroom building is nestled along the gorges and preserves. It’s just above the Six Mile Creek Preserve, and the footbridge over the creek is just a few hundred feet down the street. Out the back windows, it’s all beautiful greenery and shade. A large duplex building, it is divided into a number of apartments. Sitting just below a large, new, upscale complex, this charming location offers apartments with bay windows in many units and large rooms uncommon in today’s cookie-cutter new housing. The pricing is appealing to students while leaving plenty of room for increased income through improvements. Come look it over and see how this property would fit into your portfolio. Apartment room distribution: 116-1: 5 bedrooms, 2 baths; 116-2: 3 bedrooms, 1 bath; 116-3: 2 bedroom, 1 bath; 118-1: 6 bedrooms, 1 bath; 118-2: 4 bedrooms, 1 bath; 118-3: 3 bedrooms, 1 bath.

Interior features

  • Ceiling Fans
  • Entrance Foyer

Exterior features

  • Gravel Driveway

Appliances

  • Dishwasher
  • Gas Oven
  • Gas Range
  • Gas Water Heater

Mechanical

Heating

Gas, Hot Water, Radiators

Schools

District

Ithaca

Elementary

Belle Sherman

Middle

Boynton Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$21,420

Financing

Cash

Location

Ithaca, NY 14850 · Tompkins County

MLS Attribution

Listing courtesy of Berkshire Hathaway HomeServices Heritage Realty. Listing agent: Brian DeYoung. Data last updated 7/13/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.