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
MLS Attribution
Listing courtesy of Howard Hanna S Tier Inc. Listing agent: Jennifer Wansink. Data last updated 6/6/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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