505 Dryden Rd, Ithaca, NY 14850
Property image
Property image
FOR SALE

$1,000,000

  • 11 Beds
  • 3 Baths
  • 4,318 sqft

505 Dryden Rd, Ithaca, NY 14850

Est. Mortgage $6,977/mo*
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Home Highlights

Multi-Family
Built in 1900
$232/sqft

Local Information

  • Map ViewExplore the area around 505 Dryden Rd.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located in the heart of Collegetown, 505 Dryden Road is a premier multi-family residence perfectly positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight coveted off-street parking spaces.
Investors will appreciate the property's exceptional track record, boasting consistent 100% occupancy and steadily increasing gross revenues. Its prime location offers unrivaled safety and convenience, providing tenants with seamless access to the Cornell University campus, local amenities, and public transit. This is a rare opportunity to acquire a turnkey, profitable building in Ithaca’s most desirable rental market.
Last check for updates: about 23 hours ago
Listing by: Warren Real Estate of Ithaca Inc. (Downtown), (607) 257-0666
David Wahl, (607) 227-3132
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1670708
Also Listed on NYSAMLSs.

Home Details for 505 Dryden Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Partially Finished
Beds & Baths
Number of Bedrooms: 11Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 4318 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Gas,Zoned,Baseboard,Hot WaterAir Conditioning: ZonedHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 4Number of Stories: 4Floors: Hardwood, Laminate, Varies, Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Stone
Parking & Garage
Parking: Other,See Remarks,Two or More Spaces
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 424Days on Market: 161

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Triplex
Building
Construction Materials: Wood Siding
Property Information
Condition: ResaleParcel Number: 50070006400000060030000000

Price & Status

Price
List Price: $1,000,000Price Per Sqft: $232
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Ithaca City
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School: Dewitt MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca

Agent Information

Listing Agent
Listing ID: R1670708

Building

Building Area
Building Area: 4318 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 871.2 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Common Area Maintenance, Gardener, Heat, Hot Water, Snow RemovalFurnishedOwner Pays: Gas, Grounds Care, Heat, Hot Water, Snow Removal

Miscellaneous

BasementMls Number: R1670708Living Area Range Units: Square FeetAttribution Contact: 607-227-3132Universal Property Id: US-36109-N-50070006400000060030000000-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.
  • 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
  • Dsevey
    "My commute is within 15 minutes and traffic is never an issue. I would like to see more public transportation options. "
    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
$406K
$17.33KMoM
Sale-to-List Price
99.2%
1.1%MoM
Price per sq ft
$228
$6MoM
Available listings
151
6MoM

Home Value

Trulia Estimate
$945K
Since last month
Increased$21K (+2.2%)
Since last year
Decreased$94K (-9%)
Since last sale
Increased$483K (+104.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +219% in the last 10 years
MonthEstimated value
2026
September 2026$945K
August 2026$920K
July 2026$924K
June 2026$925K
May 2026$936K
April 2026$947K
March 2026$972K
February 2026$973K
January 2026$970K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
615 E State St, Ithaca, NY
0.49
Multi-Family Home
$401,000
03/13/26
6
2
3,326
106 Clover Ln, Ithaca, NY
0.39
Multi-Family Home
$575,000
08/04/26
4
3
2,258
310-312 Pleasant St, Ithaca, NY
0.78
Multi-Family Home
$685,000
04/16/26
8
4
3,700
201 Stewart Ave, Ithaca, NY
0.50
Multi-Family Home
$352,500
12/08/25
4
2
2,011
445 N Tioga St, Ithaca, NY
0.91
Multi-Family Home
$497,500
06/22/26
6
2
2,234
402 University Ave, Ithaca, NY
0.83
Multi-Family Home
$445,000
04/29/26
5
3
2,661
321-321.5 Hillview Pl, Ithaca, NY
0.88
Multi-Family Home
$350,000
03/03/26
6
2.5
2,240
203 Prospect St, Ithaca, NY
0.78
Multi-Family Home
$380,000
01/09/26
6
2
2,656
116-116.5 Heights Ct, Ithaca, NY
1.01
Multi-Family Home
$519,584
08/19/26
7
3
3,290

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
503 Dryden Rd, Ithaca, NY 14850
0.01
$1,007,800
10
4
4,134
Off Market
411 Dryden Rd, Ithaca, NY 14850
0.05
$995,000
8
4
4,283
For Sale
308 Fairmount Ave, Ithaca, NY 14850
0.05
$1,000,000
7
-
2,358
For Sale
412-414 Oak Ave, Ithaca, NY 14850
0.06
$626,000
4
3.5
2,310
Off Market
513 Dryden Rd, Ithaca, NY 14850
0.04
$506,700
5
2
2,342
Off Market
515 Dryden Rd, Ithaca, NY 14850
0.06
$534,500
3
2
2,088
Off Market
312 Elmwood Ave, Ithaca, NY 14850
0.10
$537,700
4
2.5
2,686
Off Market
206 Elmwood Ave, Ithaca, NY 14850
0.09
$558,700
5
2.5
2,112
Off Market
306 Ithaca Rd, Ithaca, NY 14850
0.08
$657,500
3
2.5
2,332
Recently Sold
202 Elmwood Ave, Ithaca, NY 14850
0.10
$383,300
3
1
1,026
Off Market
209 Bryant Ave, Ithaca, NY 14850
0.13
$510,000
3
2
1,665
Recently Sold

Price and Tax history

DateEventPrice
Apr 3, 2026
Source: NYSAMLSs #R1670708
Listed For Sale
$1,000,000
Apr 3, 2026
Source: NYSAMLSs #R1626678
ListingRemoved
$1,050,000
Oct 17, 2025
Source: NYSAMLSs #R1626678
PriceChange
$1,050,000
Price decreased by 5%
Aug 4, 2025
Source: NYSAMLSs #R1626678
Listed For Sale
$1,100,000
Aug 4, 2025
Source: NYSAMLSs #R1586857
ListingRemoved
$1,100,000

LGBTQ Local Legal Protections

David Wahl, Warren Real Estate of Ithaca Inc. (Downtown), (607) 257-0666
Agent Phone: (607) 227-3132
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 2026-09-11 00:51:52 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 505 Dryden Rd

  • What is the estimated monthly payment for 505 Dryden Rd?
    Based on a $1,000,000 list price with 20% down at today's rates, the estimated monthly payment for 505 Dryden Rd in Ithaca, NY is approximately $7,120 (about $5,337 principal & interest, $1,708 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 505 Dryden Rd compare to homes in Ithaca?
    505 Dryden Rd in Ithaca, NY is listed at $1,000,000, about 146% 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 505 Dryden Rd?
    The closest schools to 505 Dryden Rd 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 505 Dryden Rd have parking?
    Yes, 505 Dryden Rd in Ithaca, NY has on-site parking.
505 Dryden Rd, Ithaca, NY 14850 is a 11 bedroom, 3 bathroom, 4,318 sqft multi-family built in 1900. This property is currently available for sale and was listed by NYSAMLSs on Apr 3, 2026. The MLS # for this home is MLS# R1670708.