116-118 3rd St, Ithaca, NY 14850
Property image
Property image
FOR SALE

$400,000

Original price: $413,150
  • 6 Beds
  • 2.5 Baths
  • 2,298 sqft

116-118 3rd St, Ithaca, NY 14850

Est. Mortgage $2,917/mo*
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Home Highlights

Multi-Family
Built in 1900
$174/sqft
Garage

Local Information

  • Map ViewExplore the area around 116-118 3rd St.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Great condition insideCharming curb appeal
Downtown Ithaca duplex with strong location appeal. Charming curb appeal too. Within walking distance of the Farmers Market, Cayuga Lake, Stewart Park, local dining, shopping, and nearby medical facilities, this well-maintained property offers convenience for tenants and owners alike. Regular updates throughout the interior help make this a turnkey investment opportunity. Walk to Red Feet, or out to dinner. The Park is also nearby! The science center beckons. Both units rented into 2027 Solid rental, great condition inside.
Tenants pay all utilities, heat, hot water, gas, electric, water.
Last check for updates: about 16 hours ago
Listing by: Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
Brian DeYoung, (607) 428-0708
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1689973
Also Listed on NYSAMLSs.

Home Details for 116-118 3rd St

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2298 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: See Remarks, Water Heater
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Laminate, Varies

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Stone
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage,Gravel,Two or More Spaces
Frontage
Not on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 13Days on Market: 104

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi FamilyArchitecture: Duplex
Building
Construction Materials: Frame, Wood Siding
Property Information
Condition: ResaleParcel Number: 50070004400000060040000000

Price & Status

Price
List Price: $400,000Price Per Sqft: $174
Status Change & Dates
Possession Timing: Close Of Escrow, Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: Ithaca City
School Information
Elementary School: Beverly J Martin ElementaryElementary School District: IthacaJr High / Middle School: Boynton MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca

Agent Information

Listing Agent
Listing ID: R1689973

Building

Building Area
Building Area: 2298 Square Feet

Community

Not Senior CommunityUnits in Building: 2

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 5410.152 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA

Energy

Energy Efficiency Features: Appliances, Lighting

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

Rent Includes: GardenerOwner Pays: Grounds Care

Miscellaneous

BasementMls Number: R1689973Living Area Range Units: Square FeetAttribution Contact: 607-428-0708Universal Property Id: US-36109-N-50070004400000060040000000-R-N

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ithaca

At least 179 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 81 % Say car is needed

  • 79 % Say there's wildlife

  • 76 % Say parking is easy

  • 73 % Say people would walk alone at night

  • 64 % Say yards are well-kept

  • 62 % Say kids play outside

  • 60 % Say it's quiet

  • 59 % Say neighbors are friendly

  • 58 % Say there are sidewalks

  • 56 % Say there's holiday spirit

  • 54 % Say it's walkable to restaurants

  • 49 % Say they plan to stay for at least 5 years

  • 45 % Say it's walkable to grocery stores

  • 43 % Say streets are well-lit

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Bkmonroe1012
    "Its bearable at times. Traffic mostly when the students are back and or when there is construction. "
    0
    Flag
  • Dorota S
    "Nature, proximity to shopping and leisurely activities, quiet."
    0
    Flag
  • Lamont Nelson-fish
    "It’s a good walking neighborhood "
    0
    Flag
  • Trulia User
    "Meeting neighbors for fireplace socializing and watching everyone’s pets is great. The view of July 4th is lovely"
    5
    Flag
  • Trulia User
    "Lots of inebriated college students driving short distances around the neighborhoods when they shouldn’t be and overly intoxicated walking by houses shouting/ overly rowdy at all times of the night & early morning."
    5
    Flag
  • Trulia User
    "Dog friendly and family friendly. Close to Northeast Elementary and Dewitt Middle school - I used to walk to school as a kid growing up there. Safe"
    0
    Flag
  • Trulia User
    "Lots of college students partying (loud music, public drinking/intoxication, recreational drug use, etc..)."
    4
    Flag
  • Trulia User
    "I have been living in Cayuga heights for 4 years, love it absolutely. Feel sad to leave such a quiet and beautiful place."
    0
    Flag
  • Samara G.
    "They would like the dog park mostly the skateboard park and the only thing they wouldn’t like is some landlords expect dog deposits and some don’t allow dogs, whether working dog or not."
    9
    Flag
  • Vanessa H. B.
    "I walk to my office, which is around the corner from where I live. I love it! There is public transport, which I would feel good about using if I moved. "
    4
    Flag
  • Tristan H.
    "Public transportation is readily available and accessible by all who live in Cayuga Heights. TCAT busses run very often and go in all directions."
    4
    Flag
  • Lj279
    "It is hard to live here and depend on public transportation. You must have a car for groceries and emergencies. There is no biking path or good side walks. "
    10
    Flag
  • Mnichols
    "I have lived on south hill for 25 years in 2 different homes. It is close to downtown and state park, I can walk to ithaca college and buttermilk falls park in 10 min each."
    6
    Flag
  • Kurtwright
    "Close to CORNELL campus......walkable Close to Ithaca Commons.....walkable Well maintained historic houses"
    0
    Flag
  • Trulia User
    "You see people walking their dogs all the time. The local park is a great asset of the neighborhood. "
    3
    Flag
  • Joshua P.
    "Views, street lights and nature trail. Traffic can get a bit fast, but the road is safe. New bike paths across the bridge are interesting "
    2
    Flag
  • Paul
    "It is a very easy commute to downtown. Slightly more to the colleges. I consider commutes under 15 minutes to be easy though. I know Ithacans complain about traffic at the “octopus”, but that’s only because most of them have never seen traffic."
    1
    Flag
  • David W.
    "Amazing location! I walk 10 blocks to work. Gimme Coffee is on the way. Historic Northside Triangle is the place to be!"
    0
    Flag
  • Dani932
    "The apartments aren't upgraded for the amount you pay on a one-bedroom. The area is quiet and l haven't had any issues living here."
    0
    Flag
  • Ronald B.
    "Semi-rural atmosphere. Lots of walking paths and hiking trails in the area. Our area of Dryden is in the Ithaca School District, whisky is very good."
    0
    Flag
  • Trulia User
    "Beautiful, nice view. The community is looking forward to sidewalks that will help the area become more navigating. The community is nice but not as inviting as some may like."
    7
    Flag
  • Latoya Peterson
    "Landlords don’t except Section 8 assistants. Good luck getting your security deposit back!?! Slum lords own most property here unfortunately."
    11
    Flag
  • Trulia User
    "Access to public transportation a plus. They need to work on installing shoulders on west king road. Commuting is easy"
    5
    Flag
  • Paul
    "I've lived in the area for 13 years. I've lived in Northeast Ithaca specifically for 5 years. Northeast Ithaca is very competitive as far as buying a home. The people are great and Northeast Elementary including the Ithaca City School District is beyond amazing. Northeast Ithaca is close to Cornell University. There are many reasons why homes in in Northeast Ithaca are in high demand."
    1
    Flag
  • Littlespoon1970
    "I have lived here for three years and I feel safe in this neighborhood. People are friendly and it’s in walking distance to the commons and my work at Ithaca High School."
    0
    Flag
  • Ithacadale169
    "the area I live in is quiet and full of nature with a creek and trails to walk. there are a few loud dogs but they are usually quiet"
    0
    Flag
  • Paul
    "We have neighborhood holiday parties and always run into many familiar faces at community events. Ithaca is a safe small town with great restaurants and attractions."
    1
    Flag
  • Joann.reinhardt
    "Community that gives to family & children of many activities. Dryden offers healthy activities for all ages. Library is an investment for the community. "
    0
    Flag
  • Joann.reinhardt
    "Great community for young families as well as the retired couples. The city and colleges offer many free entertainment to all of the residents. Many grocery stores and restaurants and retail stores to shop. Unique shops on the main common area in the middle of the city. There is so many outdoor lights activities for all ages in the Finger Lakes area. "
    0
    Flag
  • Tim T.
    "There are two parks in a three block area. Level walking throughout the neighborhood. It would be nice however for the city to make the parks more dog friendly and put up waste containers for doggy poop bags. "
    1
    Flag
  • Theguru1992
    "ithaca is a collage towns with many store fronts an bars stores are simple walk down the hill. great place to live or rent with family or going to college"
    0
    Flag
  • Kristin c.
    "Like: many dog owners and they are friendly Not like: no sidewalks on roads where cars drive very fast"
    0
    Flag
  • Mmogelonsky
    "Lots of dogs everywhere and great walking paths...not a lot of sidewalks but drivers are careful. A bit of a drive to the dog park downtown but there are some open areas nearby "
    2
    Flag

Market trends in Ithaca

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$464K
$57.87KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$230
$1MoM
Available listings
151
6MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
312 2nd St, Ithaca, NY
0.09
Multi-Family Home
$400,000
06/01/26
4
3
3,157
406 W Court St, Ithaca, NY
0.17
Multi-Family Home
$255,000
11/10/25
4
2
1,800
108 2nd St, Ithaca, NY
0.09
Multi-Family Home
$285,000
04/17/26
4
4
2,448
414 W Seneca St, Ithaca, NY
0.33
Multi-Family Home
$425,000
07/30/26
4
2
2,052
517 W Buffalo St, Ithaca, NY
0.33
Multi-Family Home
$342,200
01/13/26
4
2
1,864
614 N Aurora St, Ithaca, NY
0.42
Multi-Family Home
$429,000
07/17/26
4
2
1,590
445 N Tioga St, Ithaca, NY
0.39
Multi-Family Home
$497,500
06/22/26
6
2
2,234

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
119 3rd St, Ithaca, NY 14850
0.03
$1,200,000
Studio
-
18,715
For Sale
316 Cascadilla St, Ithaca, NY 14850
0.07
$357,500
2
2
1,454
Off Market
522 N Plain St, Ithaca, NY 14850
0.06
$395,000
4
2.5
1,705
Recently Sold
325-327 Cascadilla St, Ithaca, NY 14850
0.08
$524,800
6
2
2,988
Off Market
206 3rd St, Ithaca, NY 14850
0.04
$416,700
6
2
2,600
Off Market
410 Madison St, Ithaca, NY 14850
0.04
$369,000
4
2
1,666
Recently Sold
329 Cascadilla St, Ithaca, NY 14850
0.08
$235,000
4
2
1,362
For Sale
108 2nd St, Ithaca, NY 14850
0.09
$285,000
4
4
2,448
Recently Sold
205 2nd St, Ithaca, NY 14850
0.09
$442,700
3
2
1,498
Off Market
215 2nd St, Ithaca, NY 14850
0.09
$422,500
1
1.5
1,226
Off Market
306 2nd St, Ithaca, NY 14850
0.07
$359,900
4
2.5
2,127
For Sale

Price and Tax history

DateEventPrice
Sep 4, 2026
Source: NYSAMLSs #R1689973
PriceChange
$400,000
Price decreased by 3%
Aug 12, 2026
Source: NYSAMLSs #R1689973
PriceChange
$413,150
Price decreased by 2%
Jul 8, 2026
Source: NYSAMLSs #R1689973
PriceChange
$420,000
Price decreased by 3%
Jun 13, 2026
Source: NYSAMLSs #R1689973
Listed For Sale
$432,450

LGBTQ Local Legal Protections

Brian DeYoung, Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
Agent Phone: (607) 428-0708
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-09-24 17:58:54 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Frequently asked questions about 116-118 3rd St

  • What is the estimated monthly payment for 116-118 3rd St?
    Based on a $400,000 list price with 20% down at today's rates, the estimated monthly payment for 116-118 3rd St in Ithaca, NY is approximately $2,973 (about $2,215 principal & interest, $683 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 116-118 3rd St compare to homes in Ithaca?
    116-118 3rd St in Ithaca, NY is listed at $400,000, about 14% below the $464K median sale price in Ithaca.
  • What do residents say about Ithaca?
    Residents describe Ithaca, NY as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Ithaca, NY.
  • What are the closest schools to 116-118 3rd St?
    The closest schools to 116-118 3rd St in Ithaca, NY are Belle Sherman School (Pre-K/Elementary, rated 4/10), Beverly J Martin Elementary School (Pre-K, rated 3/10), Boynton Middle School (rated 8/10).
116-118 3rd St, Ithaca, NY 14850 is a 6 bedroom, 3 bathroom, 2,298 sqft multi-family built in 1900. This property is currently available for sale and was listed by NYSAMLSs on Jun 13, 2026. The MLS # for this home is MLS# R1689973.