327 Coddington Rd
Ithaca, NY 14850
South Hill- 6 Beds
- 4 Baths
- 4,056 sqft (on 0.84 acres)
6 Beds
4 Baths
4,056 sqft
(on 0.84 acres)
Local Information
-- mins to
Description
A South Hill Investment Story, Told from the Top of the Hill
Some properties ask you to imagine the potential. This one hands it to you, fully realized, on a rolling South Hill lot with Ithaca spread out below like it was arranged just for you.
Perched below Ithaca College in the Town of Ithaca this multi-structure compound looks out over the city, the surrounding hills, and a glint of Cayuga Lake in the distance. It's the kind of setting that makes tenants stay and owners smile at closing.
Walk into the main house's first floor and the "investment property" feeling falls away. A chef's kitchen anchors the space — warm maple cabinetry, dark granite counters, a detached center island built for both meal prep and morning coffee. Just off the kitchen, a wood-trimmed sunroom catches the light and begs to become a plant room, a reading nook, or a work-from-home escape with a view.
The living room does the heavy lifting on character: a textured, detailed ceiling overhead and a red brick wood-burning fireplace that turns a cold Ithaca winter into an asset. And when the weather turns, the oversized covered patio out back — shaded, carpeted, and quietly grand — becomes your front-row seat to the changing seasons over the valley.
The property includes three units within the main house and down a private concrete path, is the detached bungalow living a life of its own — two stories, a walkout basement, and an elevated deck made for grilling season.
Sold as-is, with inspections and radon tests already completed on both structures and available for review — the legwork is done. Two units are leased through July 2027, so your income starts on day one.
Investment opportunities with four rental units, two separate dwellings, panoramic Ithaca views, and a premier South Hill location are exceptionally rare. This isn't a maybe. It's a compound already earning its keep with rents that include heat, water/sewer, and trash, a tenant perk that keeps units filled and turnover low.
Some properties ask you to imagine the potential. This one hands it to you, fully realized, on a rolling South Hill lot with Ithaca spread out below like it was arranged just for you.
Perched below Ithaca College in the Town of Ithaca this multi-structure compound looks out over the city, the surrounding hills, and a glint of Cayuga Lake in the distance. It's the kind of setting that makes tenants stay and owners smile at closing.
Walk into the main house's first floor and the "investment property" feeling falls away. A chef's kitchen anchors the space — warm maple cabinetry, dark granite counters, a detached center island built for both meal prep and morning coffee. Just off the kitchen, a wood-trimmed sunroom catches the light and begs to become a plant room, a reading nook, or a work-from-home escape with a view.
The living room does the heavy lifting on character: a textured, detailed ceiling overhead and a red brick wood-burning fireplace that turns a cold Ithaca winter into an asset. And when the weather turns, the oversized covered patio out back — shaded, carpeted, and quietly grand — becomes your front-row seat to the changing seasons over the valley.
The property includes three units within the main house and down a private concrete path, is the detached bungalow living a life of its own — two stories, a walkout basement, and an elevated deck made for grilling season.
Sold as-is, with inspections and radon tests already completed on both structures and available for review — the legwork is done. Two units are leased through July 2027, so your income starts on day one.
Investment opportunities with four rental units, two separate dwellings, panoramic Ithaca views, and a premier South Hill location are exceptionally rare. This isn't a maybe. It's a compound already earning its keep with rents that include heat, water/sewer, and trash, a tenant perk that keeps units filled and turnover low.
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$137
Listed
Less than a day ago
Last check for updates: about 2 hours ago
Listing by: RE/MAX In Motion, (607) 277-1500
Lindsay Hart, (607) 227-5990
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1694420

Also Listed on NYSAMLSs.
Home Details for 327 Coddington Rd
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MLS Status: Active |
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Interior Details Basement: Full,Finished |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 4056 Square Feet |
Appliances & Utilities Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Electric Water Heater, Gas Water Heater |
Heating & Cooling Heating: Electric,Gas,Zoned,BaseboardAir Conditioning: ZonedHas HeatingHeating Fuel: Electric |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Windows, Doors, Floors & Walls Door: Sliding DoorsFlooring: Carpet, Laminate, Varies, Vinyl |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Carpet, Laminate, Varies, Vinyl |
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Exterior Home Features Roof: ShinglePatio / Porch: Balcony, Open, PorchExterior: BalconyFoundation: Block |
Parking & Garage Parking: Concrete,Gravel,Two or More Spaces |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
Finished Area Finished Area (below surface): 1222 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1945 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family |
Building Construction Materials: Frame |
Property Information Condition: ResaleParcel Number: 50308905300000010160020000 |
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Price List Price: $555,000Price Per Sqft: $137 |
Status Change & Dates Possession Timing: Closing, Other, See Remarks, Subject To Tenant Rights |
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Direction & Address City: Ithaca Town |
School Information Elementary School: South HillElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
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Listing Agent Listing ID: R1694420 |
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Building Area Building Area: 4056 Square Feet |
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Community Features: Trails/PathsNot Senior CommunityUnits in Building: 4 |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 0.84 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Rent Includes: Electricity, Heat, WaterOwner Pays: Electricity, Heat, Water |
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BasementMls Number: R1694420Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-50308905300000010160020000-R-N |
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Trails/Paths |
Market trends in Ithaca
Last updated May 2026
Avg. sale price
$404K
$17.17KMoM
Sale-to-List Price
—
Price per sq ft
$229
$1MoM
Available listings
156
25MoM
Price History for 327 Coddington Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/06/2026 | $555,000 | Listed For Sale | NYSAMLSs #R1694420 |
Similar Homes You May Like
New Listings near 327 Coddington Rd
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $490,000 |
Home facts updated by county records
Comparable Sales for 327 Coddington Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.85 | Multi-Family Home | $425,000 | 01/20/26 | 8 | 3 | 2,640 | |
0.18 | Multi-Family Home | $314,000 | 05/18/26 | 3 | 2 | 1,538 | |
0.75 | Multi-Family Home | $19,000 | 10/17/25 | 7 | 4 | 3,640 | |
1.13 | Multi-Family Home | $260,000 | 07/14/25 | 5 | 2.5 | 2,048 | |
1.10 | Multi-Family Home | $945,000 | 02/10/26 | 7 | 6 | 3,474 | |
1.11 | Multi-Family Home | $685,000 | 04/16/26 | 8 | 4 | 3,700 | |
1.18 | Multi-Family Home | $462,500 | 06/10/26 | 4 | 2.5 | 2,024 | |
1.13 | Multi-Family Home | $505,000 | 03/04/26 | 5 | 4 | 3,080 | |
1.16 | Multi-Family Home | $512,500 | 11/24/25 | 5 | 2 | 2,629 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 327 Coddington Rd.
What Locals Say about South Hill
At least 11 Trulia users voted on each feature.
87 % Say people would walk alone at night
86 % Say it's dog friendly
78 % Say car is needed
69 % Say parking is easy
67 % Say neighbors are friendly
67 % Say they plan to stay for at least 5 years
67 % Say there are sidewalks
65 % Say yards are well-kept
65 % Say there's wildlife
64 % Say there's holiday spirit
62 % Say it's quiet
60 % Say it's walkable to grocery stores
50 % Say it's walkable to restaurants
45 % Say kids play outside
40 % Say streets are well-lit
13 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lindsay Hart, RE/MAX In Motion, (607) 277-1500
Agent Phone: (607) 227-5990

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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 2026-07-06 15:35:25 PDT.
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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.
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327 Coddington Rd, Ithaca, NY 14850 is a 6 bedroom, 4 bathroom, 4,056 sqft multi-family built in 1945. 327 Coddington Rd is located in South Hill, Ithaca. This property is currently available for sale and was listed by NYSAMLSs on Jul 6, 2026. The MLS # for this home is MLS# R1694420.

