202 Lake St, Ithaca, NY 14850
Property image
Property image
FOR SALE

$525,000

  • 4 Beds
  • 3 Baths
  • 1,704 sqft

202 Lake St, Ithaca, NY 14850

Est. Mortgage $3,602/mo*
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Home Highlights

Outdoor
Porch, Deck
Price/Sqft
$308
Climate Control
Forced Air, Natural Gas Heating
Listed
60 days ago

Local Information

  • Map ViewExplore the area around 202 Lake St.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: 31 minutes 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

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 4Number 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

Exterior Features

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

Days on Market

Days on Market: 60

Property Information

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

Price & Status

Price
List Price: $525,000Price Per Sqft: $308
Status Change & Dates
Possession Timing: Closing

Location

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

Agent Information

Listing Agent
Listing ID: R1694445

Building

Building Area
Building Area: 1704 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 7840.8 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Heat, Hot Water, Snow RemovalOwner Pays: Heat, Hot Water, Snow Removal

Miscellaneous

BasementMls Number: R1694445Living Area Range Units: Square FeetAttribution Contact: 607-428-0708Universal Property Id: US-36109-N-50070002800000040070000000-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.
  • 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."
    4
    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
  • Dsevey
    "My commute is within 15 minutes and traffic is never an issue. I would like to see more public transportation options. "
    0
    Flag
  • LexiH
    "This place is pretty quiet, it’s a really nice neighborhood very safe and it’s close to the airport and many trails to walk so you can Birdwatch very beautiful during the summer and spring."
    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 July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$406K
$17.33KMoM
Sale-to-List Price
99.2%
1.1%MoM
Price per sq ft
$228
$6MoM
Available listings
145
2MoM

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
402 University Ave, Ithaca, NY
0.23
Multi-Family Home
$445,000
04/29/26
5
3
2,661
614 N Aurora St, Ithaca, NY
0.32
Multi-Family Home
$429,000
07/17/26
4
2
1,590
150 Highland Ave, Ithaca, NY
0.45
Multi-Family Home
$382,000
08/25/26
4
3
2,022
842 N Aurora St, Ithaca, NY
0.18
Multi-Family Home
$465,000
09/30/25
5
2
2,408
122-24 Linn St, Ithaca, NY
0.48
Multi-Family Home
$320,000
03/05/26
4
2
1,792
5 Woodland Pl, Ithaca, NY
0.44
Multi-Family Home
$265,000
11/19/25
4
2
1,834
607 N Cayuga St, Ithaca, NY
0.43
Multi-Family Home
$495,000
09/04/25
5
4
2,296
312 2nd St, Ithaca, NY
0.64
Multi-Family Home
$400,000
06/01/26
4
3
3,157

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
111 Lake St, Ithaca, NY 14850
0.03
$398,600
3
2
1,925
Off Market
113 Lake St, Ithaca, NY 14850
0.03
$395,400
3
1.5
1,596
Off Market
109 Lake St, Ithaca, NY 14850
0.04
-
3
2
1,833
Off Market
205 N Willard Way, Ithaca, NY 14850
0.09
$713,400
4
2.5
2,725
Off Market
533-535 Linn St, Ithaca, NY 14850
0.09
$479,500
4
3
1,863
Off Market
512 University Ave, Ithaca, NY 14850
0.12
$586,800
6
3
2,535
Off Market
508 University Ave, Ithaca, NY 14850
0.14
$601,700
8
-
2,452
Off Market
204 Ithaca Rd, Ithaca, NY 14850
0.15
$461,000
4
3.5
2,240
Off Market
510 Linn St, Ithaca, NY 14850
0.15
-
3
3
2,576
Off Market
326 E Falls St, Ithaca, NY 14850
0.18
$413,400
6
3
2,676
Off Market
315-317 E Falls St, Ithaca, NY 14850
0.18
$454,900
6
2
1,390
Off Market

Price and Tax history

DateEventPrice
Jun 28, 2026
Source: NYSAMLSs #R1694445
Listed For Sale
$525,000
Apr 23, 2026
Source: NYSAMLSs #R1661476
ListingRemoved
$550,000
Mar 6, 2026
Source: NYSAMLSs #R1661476
PriceChange
$550,000
Price decreased by 8%
Feb 8, 2026
Source: NYSAMLSs #R1661476
Listed For Sale
$595,000
Apr 29, 2022
Source: NYSAMLSs #IB405813
Sold
$415,000

LGBTQ Local Legal Protections

Isaac Kain, 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 2026-08-27 22:17:22 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 202 Lake St

  • What is the estimated monthly payment for 202 Lake St?
    Based on a $525,000 list price with 20% down at today's rates, the estimated monthly payment for 202 Lake St in Ithaca, NY is approximately $3,653 (about $2,681 principal & interest, $897 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 202 Lake St compare to homes in Ithaca?
    202 Lake St in Ithaca, NY is listed at $525,000, about 29% above the $406K 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 202 Lake St?
    The closest schools to 202 Lake 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).
  • Does 202 Lake St have parking?
    Yes, 202 Lake St in Ithaca, NY has on-site parking.
202 Lake St, Ithaca, NY 14850 is a 4 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.