benny.estate
For SaleMLS # R167360430 days on market

419 Albany Street

Ithaca, NY 14850 · Tompkins County

Price

$499,000

Bed / Bath

6 bd · 2 ba

Interior

2,682 sqft

Lot

3,920 sqft lot

Built

1890

↓ Reduced from $519,000

About this home

Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, ½ mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and $1900/month (a bit under market). Strong opportunity for future income. Tenants are friendly, reliable, and responsible, allowing a smooth transition for the next owner. Directly across from a beautiful 3-acre city park complete with a public pool and basketball courts. An elementary school and community center are 1 block away, adding to the neighborhood’s appeal. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex is a fantastic opportunity. Owner in the process of getting transferable C of C. Don't miss the virtual tour!

Interior features

  • Ceiling Fans

Appliances

  • Gas Water Heater

Mechanical

Heating

Gas, Zoned, Baseboard, Hot Water, Multiple Heating Units

Cooling

Zoned

Schools

District

Ithaca

Elementary

Beverly J Martin Elementary

Tax & finance

Annual taxes

$14,774

Financing

Cash · Conventional · FHA · VaLoan

Location

Ithaca, NY 14850 · Tompkins County

MLS Attribution

Listing courtesy of Howard Hanna S Tier Inc. Listing agent: Jennifer Wansink. Data last updated 5/13/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.