benny.estate
For SaleMLS # R167070811 days on market

505 Dryden Road

Ithaca, NY 14850 · Tompkins County

Price

$1,000,000

Bed / Bath

11 bd · 3 ba

Interior

4,318 sqft

Lot

871 sqft lot

Built

1900

About this home

Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces. Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.

Interior features

  • Natural Woodwork

Appliances

  • Gas Water Heater

Mechanical

Heating

Gas, Zoned, Baseboard, Hot Water

Cooling

Zoned

Schools

District

Ithaca

Elementary

Belle Sherman

Middle

Dewitt Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$23,836

Financing

Cash · Conventional

Location

Ithaca, NY 14850 · Tompkins County

MLS Attribution

Listing courtesy of Warren Real Estate of Ithaca Inc. (Downtown). Listing agent: David Wahl. Data last updated 4/14/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.