316 W Seneca St
Ithaca, NY 14850
- 5 Beds
- 3.5 Baths
- 2,747 sqft
5 Beds
3.5 Baths
2,747 sqft
Local Information
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Description
This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other.
This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014.
In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished.
Net operating income is over $36,000! Gross income is $55,920!
All leases end 7/31/26 with option to renew.
This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July 31. Best of all, the certificate of occupancy is good until Sept 2026 and one tenant has been there seven years, so you have the security of a long term renter. New boiler 3 years ago and a new hot water heater last year. Utilities except phone/cable/internet included. The main roof was replaced/redone in April 2014.
In the 3-bedroom apt upstairs, window air conditioning unit is provided for each bedroom and living room. Porch roofs are 2 years old. 3 bedroom and studio come furnished.
Net operating income is over $36,000! Gross income is $55,920!
All leases end 7/31/26 with option to renew.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$193
Listed
180+ days ago
Last check for updates: about 4 hours ago
Listing by: Howard Hanna S Tier Inc, (607) 257-0800
Kevin Duffey, (607) 259-0021
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1638081

Also Listed on NYSAMLSs.
Home Details for 316 W Seneca St
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MLS Status: Active |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2747 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Gas,Hot WaterHas CoolingAir Conditioning: Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: DrapesFlooring: Carpet, Hardwood, Varies, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies, Vinyl |
Room & Shared Space Shared space is furnished |
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Exterior Home Features Roof: Asphalt Flat Membrane Rubber ShingleExterior: Private Yard, See RemarksFoundation: Block, Stone |
Parking & Garage Has a GarageParking: Common,On Street,Two or More Spaces,Garage |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 175Days on Market: 180+ |
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Year Built Year Built: 1860 |
Property Type / Style Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Triplex |
Building Construction Materials: Aluminum Siding, Vinyl Siding, Copper Plumbing |
Property Information Condition: ResaleParcel Number: 50070006000000050170000000 |
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Price List Price: $529,900Price Per Sqft: $193 |
Status Change & Dates Possession Timing: Closing |
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Direction & Address City: Ithaca City |
School Information Elementary School: Beverly J Martin ElementaryElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
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Listing Agent Listing ID: R1638081 |
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Building Area Building Area: 2747 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: 7274.52 sqft |
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Special Conditions: Standard |
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Listing Terms: Assumable, Cash, Conventional, FHA, Lender Approval, Rehab Financing, VA Loan |
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Rent Includes: Electricity, Gardener, Heat, Hot Water, Parking, Snow Removal, WaterFurnishedOwner Pays: Electricity, Gas, Grounds Care, Garage, Heat, Hot Water, Snow Removal, Water |
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BasementMls Number: R1638081Living Area Range Units: Square FeetAttribution Contact: 6072590021Universal Property Id: US-36109-N-50070006000000050170000000-R-N |
Price History for 316 W Seneca St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/31/2026 | $529,900 | PriceChange | NYSAMLSs #R1638081 |
| 02/16/2026 | $549,900 | PriceChange | NYSAMLSs #R1638081 |
| 01/16/2026 | $554,900 | PriceChange | NYSAMLSs #R1638081 |
| 10/31/2025 | $559,900 | PriceChange | NYSAMLSs #R1638081 |
| 09/15/2025 | $569,900 | Listed For Sale | NYSAMLSs #R1638081 |
| 10/31/1997 | $100,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $390,000 |
Home facts updated by county records
Comparable Sales for 316 W Seneca St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $255,000 | 11/10/25 | 4 | 2 | 1,800 | |
0.30 | Multi-Family Home | $285,000 | 04/17/26 | 4 | 4 | 2,448 | |
0.24 | Multi-Family Home | $313,650 | 03/20/26 | 4 | 2 | 2,082 | |
0.03 | Multi-Family Home | $389,000 | 01/06/26 | 4 | 2 | 2,190 | |
0.44 | Multi-Family Home | $505,000 | 03/04/26 | 5 | 4 | 3,080 | |
0.22 | Multi-Family Home | $342,200 | 01/13/26 | 4 | 2 | 1,864 | |
0.08 | Multi-Family Home | $363,000 | 06/09/25 | 2 | 2 | 2,885 | |
0.50 | Multi-Family Home | $380,000 | 01/09/26 | 6 | 2 | 2,656 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 316 W Seneca 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
78 % 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
Kevin Duffey, Howard Hanna S Tier Inc, (607) 257-0800
Agent Phone: (607) 259-0021

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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 2026-05-31 10:07:49 PDT.
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316 W Seneca St, Ithaca, NY 14850 is a 5 bedroom, 4 bathroom, 2,747 sqft multi-family built in 1860. This property is currently available for sale and was listed by NYSAMLSs on Sep 15, 2025. The MLS # for this home is MLS# R1638081.

