Located just one block from the heart of Cornell University’s Collegetown, this fully leased three-unit multifamily property presents an exceptional investment opportunity in one of Ithaca’s most sought-after rental markets. With a stellar rental history and strong demand from students, this well-maintained asset is secured with leases through the 2025-2026 academic year, ensuring immediate cash flow for its next owner. Boasting a highly desirable layout, the property features spacious bedrooms and expansive common areas that cater perfectly to tenants seeking comfort and convenience. Each unit is thoughtfully designed to maximize livability, with bright interiors and a welcoming atmosphere that makes it a consistently high-performing rental.
For sale
$1,400,000
409 Dryden Rd, Ithaca, NY 14850
13beds
5,773sqft
Triplex, Multi Family
Built in ----
-- sqft lot
$1,332,900 Zestimate®
$243/sqft
$-- HOA
What's special
Bright interiorsSpacious bedroomsExpansive common areas
- 56 days
- on Zillow |
- 223 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2025 at 09:13am
Listing by:
Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,
Kevin O'Connor 607-428-0708,
Kyle Steele 607-342-2148,
Howard Hanna S Tier Inc
Source: NYSAMLSs,MLS#: R1590391
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: 13
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Other, See Remarks
Cooling
- Other, See Remarks
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Tile, Varies
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 5,773
- Total interior livable area: 5,773 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Stories: 3
Lot
- Size: 6,960.89 Square Feet
- Dimensions: 60 x 116
- Features: Near Public Transit, Rectangular
Details
- Parcel number: 50070006400000070040000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Stucco
Condition
- Resale
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $675,000
- Date on market: 2/27/2025
- Listing terms: Cash,Conventional
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