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For sale
  • $1,150,000

    505 Dryden Rd, Ithaca, NY 14850

    11beds
    4,318sqft
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $266/sqft
    $-- HOA

    What's special

    Private bedroomsSpacious residenceSpacious layout
    Nestled in the vibrant heart of Collegetown, this exceptional multi-family property presents a rare opportunity for investors and Cornell University affiliates alike. Featuring an impressive 11 bedrooms and 3 bathrooms, this spacious residence offers tremendous potential for rental income in one of Ithaca's most sought-after locations. Just steps away from GreenStar Food Co+op, residents enjoy convenient access to fresh, local groceries without the hassle of a long commute. Nature enthusiasts will appreciate being less than a 10-minute walk from Six Mile Creek Natural Area, where scenic trails and peaceful waterways provide the perfect escape from academic pressures. The property's prime location places Cornell University's campus within easy reach—ideal for students, faculty, and staff looking to minimize their daily commute. Meanwhile, East Hill Plaza offers nearby shopping amenities for everyday needs. This well-positioned investment property combines the perfect blend of accessibility to campus life while maintaining enough distance to ensure peaceful living. The spacious layout accommodates multiple residents comfortably, with common areas that encourage community while private bedrooms offer necessary quiet spaces for studying. Property provides strong returns in Ithaca's robust rental market. With Cornell's consistent demand for quality off-campus housing, this property represents not just a purchase but a strategic investment in one of America's most stable college town markets. Ready to expand your real estate portfolio with this exceptional multi-family opportunity? Contact us today to schedule a viewing!
    128 days
    on Zillow
    |
    185
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 10:21am

    Listing by:

    Warren Real Estate of Ithaca Inc. (Downtown) 607-257-0666,

    David Wahl 607-227-3132

    Source: NYSAMLSs,MLS#: R1586857MLS LogoOriginating MLS: Ithaca Board of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 505 Dryden Rd.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Zoned, Baseboard, Hot Water
    Cooling
    • Zoned
    Appliances
    • Included: Gas Water Heater
    Features
    • Natural Woodwork
    • Flooring: Hardwood, Laminate, Varies, Vinyl
    • Basement: Full,Partially Finished
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 4,318
    • Total interior livable area: 4,318 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Other, See Remarks, Two or More Spaces
    Features
    • Stories: 4
    Lot
    • Size: 7,187.4 Square Feet
    • Dimensions: 80 x 90
    • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 50070006400000060030000000
    • Zoning description: Residential Multi Use
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Triplex
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $266/sqft
    • Tax assessed value: $660,000
    • Annual tax amount: $21,835
    • Date on market: 2/3/2025
    • Listing terms: Cash,Conventional
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