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Active
    • $495,000

    1613 Ridge Rd, Lansing, NY 14882

    6beds
    0baths
    5,644sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Excellent investment opportunity just under 1 mile from the lake. This cash-flowing property offers strong income potential with below-market rents and expiring leases, providing immediate upside for increased revenue or owner occupancy. Property allows for value-add improvements and personal updates to maximize returns. Includes two currently rented trailers generating additional income, along with four vacant trailer lots offering expansion potential. One vacant 3-bedroom, 1-bath unit provides opportunity for owner occupancy or lease-up. Additional features include on-site storage, maintenance garage space, and a backup boiler system for added reliability. Established property management company is in place and willing to remain if desired.
    21 days
    |
    641
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 07:17am

    Listing by:

    Howard Hanna S Tier Inc 607-257-0800,

    Justin Michael Kimball 607-592-2475

    Source: NYSAMLSs,MLS#: R1667163MLS LogoOriginating MLS: Ithaca Board of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 0
      Heating
      • Propane, Baseboard
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Propane Water Heater, Refrigerator, Washer
      Features
      • Ceiling Fan(s), Other, See Remarks, Storage, Programmable Thermostat
      • Flooring: Hardwood, Tile, Varies, Vinyl
      • Basement: Dirt Floor,Full,Sump Pump
      • Has fireplace: No
      Interior area
      • Total structure area: 5,644
      • Total interior livable area: 5,644 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Three or more Spaces, Driveway, Garage, Shared Driveway
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Gravel Driveway, Propane Tank - Leased
      Lot
      • Size: 6.93 Acres
      • Dimensions: 485 x 622
      • Features: Irregular Lot
      Details
      • Parcel number: 50328901100000010110010000
      • Special conditions: Estate,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Wood Siding
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1950

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: None
      Location
      • Region: Lansing

      Financial & listing details

      • Price per square foot: $88/sqft
      • Tax assessed value: $306,900
      • Annual tax amount: $8,644
      • Date on market: 3/18/2026
      • Cumulative days on market: 23 days
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/19/2026Listed for sale$495,000$88/sqft
        Source: NYSAMLSs #R1667163 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/29/2019Listing removed$1,300
        Source: Owner Report a problem
        6/17/2019Listed for rent$1,300
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2018$4,231 $47,000 +33.9%
        2017$4,231 $35,100 -61.8%
        2016-- $91,900
        2015-- $91,900
        2014-- $91,900

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14882

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Raymond C Buckley Elementary
        • District: Lansing

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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