Fully rented multi-family investment opportunity just minutes from Cornell and Sapsucker Woods! This well-cared for property features four desirable units—two 2-bedroom, 1.5-bath apartments and two 1-bedroom, 1-bath apartments—each with in-unit washer/dryer, dishwasher, and air conditioning. Apartment 2A includes a private garage and deck, while the remaining units share access to the front and side yards. A new boiler and hot water heater were installed earlier this year. Owned by the same seller for 18 years, the property boasts a strong rental history, with three long-term tenants in place for over five years. Set in a prime location near scenic trails and world-renowned birdwatching, this is a turn-key investment offering solid income and promising long-term potential.
Closed
$557,001
206 Sapsucker Woods Rd, Ithaca, NY 14850
6beds
3,316sqft
Quadruplex, Multi Family
Built in 1975
-- sqft lot
$573,800 Zestimate®
$168/sqft
$2,460 Estimated rent
Home value
$573,800
$476,000 - $694,000
$2,460/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 18, 2025 at 06:06am
Listed by:
Emily Russell 607-280-7359,
Warren Real Estate of Ithaca Inc.
Bought with:
Tyler Parseghian, 10401382717
Howard Hanna S Tier Inc
Source: NYSAMLSs,MLS#: R1618852
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Gas, Zoned, Baseboard, Hot Water
Cooling
- Zoned
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Varies, Vinyl
- Windows: Thermal Windows
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,316
- Total interior livable area: 3,316 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Paved, Parking Available, Two or More Spaces, Garage Door Opener
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck, Fence, Private Yard, See Remarks
- Fencing: Partial
Lot
- Size: 0.40 Acres
- Dimensions: 100 x 175
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 70.103.19
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Blown-In Insulation, Brick, Cedar, Frame, Shake Siding, Wood Siding, Copper Plumbing, PEX Plumbing
- Foundation: Block
- Roof: Asphalt,Pitched
Condition
- Resale
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Trails/Paths
Location
- Region: Ithaca
- Subdivision: Northeast
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $557,001+2.2%$168/sqft |
Source:  NYSAMLSs #R1618852 Report a problem | ||
| 7/28/2025 | Pending sale | $545,000$164/sqft |
Source: NYSAMLSs #R1618852 Report a problem | ||
| 7/14/2025 | Contingent | $545,000$164/sqft |
Source: NYSAMLSs #R1618852 Report a problem | ||
| 6/30/2025 | Listed for sale | $545,000$164/sqft |
Source: NYSAMLSs #R1618852 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Northeast Ithaca
Nearby schools
GreatSchools rating
- 9/10Northeast Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Dewitt Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Northeast
- Middle: Dewitt Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.