Five homes listed together to create a rare opportunity in a prime High-Density Residential area! Approx. 3-acres of land located across from Ithaca College and moments away from downtown Ithaca. Available now on Danby Rd. (96B). This gem presents an enticing prospect for developers & investors alike. One of the standout features of this property is the existing income-producing potential it offers. For the past 25 years, the 5 properties have been generating steady revenue, making it a promising investment opportunity with a proven track record. All the essential infrastructure for development is on-site. House Lots are beautifully landscaped, complementing the vibrant surroundings. With the flexibility of HDR Zoning to develop condominiums, townhouses, apartment buildings, and other multiple family housing for developers. The possibilities are endless!
For sale
Price cut: $250K (4/8)
$1,500,000
1032-1038-103 Danby Rd, Ithaca, NY 14850
15beds
0baths
7,858sqft
Multi Family
Built in 2007
-- sqft lot
$1,417,800 Zestimate®
$191/sqft
$-- HOA
What's special
- 103 days
- on Zillow |
- 305 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 10:00am
Listing by:
Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,
Elizabeth Cree 607-428-0708
Source: NYSAMLSs,MLS#: R1580737
Originating MLS: Ithaca Board of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 0
Heating
- Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: Common Area, Washer Hookup
Features
- Other, See Remarks, Sliding Glass Door(s)
- Flooring: Carpet, Hardwood, Laminate, Varies
- Doors: Sliding Doors
- Basement: Crawl Space,Finished
- Has fireplace: No
Interior area
- Total structure area: 7,858
- Total interior livable area: 7,858 sqft
Property
Parking
- Total spaces: 1
- Parking features: Three or more Spaces, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Deck, Gravel Driveway
Lot
- Size: 3 Acres
- Dimensions: 326 x 270
- Features: Irregular Lot, Residential Lot, Wooded
Details
- Parcel number: 50308903900000010090010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, See Remarks
- Roof: Asphalt
Condition
- Resale
- Year built: 2007
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $1,290,000
- Annual tax amount: $21,680
- Date on market: 12/10/2024
- Listing terms: Cash
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