202 Lake St
Ithaca, NY 14850
- 3 Beds
- 3 Baths
- 1,704 sqft
3 Beds
3 Baths
1,704 sqft
Local Information
-- mins to
Description
Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in the basement with access available to all tenants. A current Certificate of Compliance is in place. This property also presents an excellent option for an owner-occupant to live in one unit while renting the others to help offset expenses and supplement income. Conveniently located near downtown, shopping, dining, and public transportation, this multi-unit property offers both long-term value and flexibility. A rare opportunity to own a quality income-producing property in a desirable Ithaca location.
Home Highlights
Parking
No Info
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
$308
Listed
15 days ago
Last check for updates: about 3 hours ago
Listing by: Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
Isaac Kain, (607) 428-0708
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1694445

Also Listed on NYSAMLSs.
Home Details for 202 Lake St
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MLS Status: Active |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 1704 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Laminate, Varies, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Laminate, Varies, Vinyl |
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Exterior Home Features Roof: AsphaltPatio / Porch: Covered, Deck, Open, PorchExterior: DeckFoundation: Block, Stone |
Parking & Garage Parking: Gravel,Two or More Spaces,Unpaved |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Days on Market: 15 |
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Year Built Year Built: 1870 |
Property Type / Style Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Triplex |
Building Construction Materials: Vinyl Siding |
Property Information Condition: ResaleParcel Number: 50070002800000040070000000 |
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Price List Price: $525,000Price Per Sqft: $308 |
Status Change & Dates Possession Timing: Closing |
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Direction & Address City: Ithaca CityCommunity: Section 28 |
School Information Elementary School: Fall Creek ElementaryElementary School District: IthacaJr High / Middle School: Boynton MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca |
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Listing Agent Listing ID: R1694445 |
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Building Area Building Area: 1704 Square Feet |
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Not Senior CommunityUnits in Building: 3 |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 7840.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Rent Includes: Heat, Hot Water, Snow RemovalOwner Pays: Heat, Hot Water, Snow Removal |
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BasementMls Number: R1694445Living Area Range Units: Square FeetAttribution Contact: 607-428-0708Universal Property Id: US-36109-N-50070002800000040070000000-R-N |
Market trends in Ithaca
Last updated June 2026
Avg. sale price
$390K
$12.67KMoM
Sale-to-List Price
98.0%
0.3%MoM
Price per sq ft
$234
$6MoM
Available listings
143
13MoM
Price History for 202 Lake St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/28/2026 | $525,000 | Listed For Sale | NYSAMLSs #R1694445 |
| 04/23/2026 | $550,000 | ListingRemoved | NYSAMLSs #R1661476 |
| 03/06/2026 | $550,000 | PriceChange | NYSAMLSs #R1661476 |
| 02/08/2026 | $595,000 | Listed For Sale | NYSAMLSs #R1661476 |
| 04/29/2022 | $415,000 | Sold | NYSAMLSs #IB405813 |
| 03/01/2022 | $425,000 | Pending | ITMLS #405813 |
| 01/16/2022 | $425,000 | Contingent | ITMLS #405813 |
| 01/03/2022 | $425,000 | Listed For Sale | ITMLS #405813 |
| 09/11/2014 | $330,000 | Sold | NYSAMLSs #IB141437 |
| 09/03/2004 | $160,000 | Sold | N/A |
| 08/22/2003 | $141,250 | Sold | N/A |
| 11/02/1995 | $98,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $360,000 |
Home facts updated by county records
Comparable Sales for 202 Lake St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $445,000 | 04/29/26 | 5 | 3 | 2,661 | |
0.18 | Multi-Family Home | $465,000 | 09/30/25 | 5 | 2 | 2,408 | |
0.48 | Multi-Family Home | $320,000 | 03/05/26 | 4 | 2 | 1,792 | |
0.44 | Multi-Family Home | $265,000 | 11/19/25 | 4 | 2 | 1,834 | |
0.33 | Multi-Family Home | $529,000 | 08/06/25 | 6 | 3 | 2,482 | |
0.43 | Multi-Family Home | $495,000 | 09/04/25 | 5 | 4 | 2,296 | |
0.44 | Multi-Family Home | $580,000 | 08/19/25 | 7 | 3 | 2,666 | |
0.64 | Multi-Family Home | $400,000 | 06/01/26 | 4 | 3 | 3,157 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 202 Lake St.
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
77 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Isaac Kain, Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
Agent Phone: (607) 428-0708

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202 Lake St, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 1,704 sqft multi-family built in 1870. This property is currently available for sale and was listed by NYSAMLSs on Jun 28, 2026. The MLS # for this home is MLS# R1694445.

