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  • $775,200

    192-198 Pinckney Rd, Ithaca, NY 14850

    8beds
    0baths
    7,200sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $807,900 Zestimate®
    $108/sqft
    $1,611 Estimated rent

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    $1,611/mo

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    $1,611/mo

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    $5,539/mo

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    $5,539/mo

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    What's special

    Excellent investment opportunity within minutes of the Ithaca Commons. 8 unit apartment complex on over 2 acres of park-like surroundings. Each apartment has 2 bedrooms with a full and a half bathroom. Ten minutes to Cornell University. This investment property generates approximately $100,000 /year in rent. Coin-op laundry conveys with sale and provides additional income. These apartments are housed in two two-story buildings and offer 7200 total square feet of rentable space. Coin-op laundry on the first floor of one of the two buildings.

    Zillow last checked: 7 hours ago

    Listing updated: October 26, 2025 at 02:03pm

    Listed by:

    Richard Glabach 607-257-0666,

    Warren Real Estate of Ithaca Inc. (Downtown)

    Bought with:

    Andrew Schreck, 10401361299

    Warren Real Estate of Ithaca Inc. (Downtown)

    Source: NYSAMLSs,MLS#: R1528678MLS LogoOriginating MLS: Ithaca Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • Gas, Baseboard
    Appliances
    • Included: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
    • Laundry: Coin-operated
    Features
    • Flooring: Hardwood, Varies, Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 7,200
    • Total interior livable area: 7,200 sqft

    Property

    Parking
    • Parking features: One and One Half Spaces, Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Blacktop Driveway, Private Yard, See Remarks
    Lot
    • Size: 2.15 Acres
    • Dimensions: 340 x 275
    Details
    • Additional structures: Barn(s), Outbuilding
    • Parcel number: 42.140.112
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Block, Frame, Concrete
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1980

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Community
    • Community features: Laundry Facilities
    Location
    • Region: Ithaca

    Other

    Other facts
    • Listing terms: Cash,Conventional