Multi-Family Investment Near Cornell & Sapsucker Woods Don't miss this fully rented, well-maintained multi-family property just minutes from Cornell University and the renowned Sapsucker Woods bird sanctuary. Offering strong cash flow and long-term potential, this opportunity features four desirable units: Two 3-bedroom, 1.5-bath apartments Two 1-bedroom, 1-bath apartments Each unit is equipped with in-building washer/dryer, dishwasher, and ample parking. Large back and side yard with plenty of room for picnics and play. 3 rented apartments. Apartment 1B is undergoing renovations and will be easy to rent. Located close to scenic trails, world-class birdwatching, and all that Ithaca has to offer, this is a smart investment in a sought-after area with built-in stability and future upside. Highlights: 4 units (2x 3BR/1.5BA, 2x 1BR/1BA) Strong rental history & long-term tenants Minutes to Cornell University & Sapsucker Woods A rare opportunity to own a low-maintenance, income-generating property in a prime Ithaca location. cation.
Great investment property or live in one unit for practically nothing! Well maintained apartments only minutes to Cornell. Excellent rental history and cash flow.
IBRMLS #IB305878
Oct 18, 2016
Sold
$319,000
$100/sq ft
Apr 19, 2016
Listed
$319,000
$100/sq ft
Public Records
Oct 24, 2005
Sold
$170,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$9,986
$35,000 + $305,000
$340,000
2025
$9,986 (+2.9%)
$35,000 + $305,000
$340,000
2024
$9,704 (−7.4%)
$35,000 + $305,000
$340,000
2023
$10,474 (−4.2%)
$35,000 + $305,000
$340,000
2022
$10,928 (+0.8%)
$35,000 + $305,000
$340,000
2021
$10,844 (+1.7%)
$35,000 + $295,000
$330,000
2020
$10,668 (+4.4%)
$35,000 + $295,000
$330,000
2019
$10,221 (−0.3%)
$35,000 + $275,000
$310,000
2018
$10,254 (+2.3%)
$35,000 + $275,000
$310,000
2017
$10,022 (+8.1%)
$35,000 + $275,000
$310,000
2016
$9,274 (+3.4%)
$35,000 + $265,000
$300,000
2015
$8,971 (−30.9%)
$35,000 + $240,000
$275,000
2014
$12,977
$35,000 + $225,000
$260,000
Tax history for 202 Sapsucker Woods Rd
Year
Property tax
Land + Additions
Assessment*
2026
$9,986
$35,000 + $305,000
$340,000
2025
$9,986 (+2.9%)
$35,000 + $305,000
$340,000
2024
$9,704 (−7.4%)
$35,000 + $305,000
$340,000
2023
$10,474 (−4.2%)
$35,000 + $305,000
$340,000
2022
$10,928 (+0.8%)
$35,000 + $305,000
$340,000
2021
$10,844 (+1.7%)
$35,000 + $295,000
$330,000
2020
$10,668 (+4.4%)
$35,000 + $295,000
$330,000
2019
$10,221 (−0.3%)
$35,000 + $275,000
$310,000
2018
$10,254 (+2.3%)
$35,000 + $275,000
$310,000
2017
$10,022 (+8.1%)
$35,000 + $275,000
$310,000
2016
$9,274 (+3.4%)
$35,000 + $265,000
$300,000
2015
$8,971 (−30.9%)
$35,000 + $240,000
$275,000
2014
$12,977
$35,000 + $225,000
$260,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
100 ft.
Lot depth
175 ft.
Lot size
0.4 Acres
Year renovated
—
Sq. Ft.
3,204
Year built
—
Style
Multi-Family (5+ Unit)
County
Tompkins County
APN
503089A07000000100030180000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Garage, Paved
Interior
Bathroom Information
# of Full Bathrooms: 4
Heating & Cooling
Has Heating
Heating: Electric, Baseboard, Hot Water
Interior Features
Appliances: Electric Water Heater
Flooring: Carpet, Laminate, Varies, Vinyl
Room Information
Laundry Features: Common Area
Basement Details: None
Unit Type 1 Information
Description: Oven/ Range, Refrigerator, Eat-In Kitchen, Living Room
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $1,085
Total Rent: $1,085
Unit Type 2 Information
Description: Oven/ Range, Refrigerator, Dining Area With Living Room, Living Room
# of Bedrooms: 3
# of Bathrooms: 1
Actual Rent: $1,650
Total Rent: $1,650
Unit Type 3 Information
Description: Dishwasher, Oven/ Range, Refrigerator, Eat-In Kitchen, Living Room
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $1,000
Total Rent: $1,000
Unit Type 4 Information
Description: Dishwasher, Oven/ Range, Refrigerator, Dining Area With Living Room, Living Room
# of Bedrooms: 3
# of Bathrooms: 1
Actual Rent: $1,800
Total Rent: $1,800
Unit Type 5 Information
Description: Dishwasher, Oven/ Range, Refrigerator, Dining Area With Living Room, Living Room
# of Bedrooms: 3
# of Bathrooms: 1
Actual Rent: $1,800
Total Rent: $1,800
Unit Type 6 Information
Description: Oven/ Range, Refrigerator, Eat-In Kitchen, Living Room
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: 1085.0
Total Rent: $1,085
Unit Type 7 Information
Description: Dishwasher, Oven/ Range, Refrigerator, Eat-In Kitchen, Living Room
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $1,000
Total Rent: $1,000
Unit Type 8 Information
Description: Oven/ Range, Refrigerator, Dining Area With Living Room, Living Room
# of Bedrooms: 3
# of Bathrooms: 1
Actual Rent: $1,650
Total Rent: $1,650
Exterior
Exterior Features
Roof: Asphalt
Building Information
Sq. Ft.: 3204
Levels: Two
# of Stories Total: 2
Construction Materials: Frame
Foundation Details: Block
Property Information
Property Type: Residential
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Lot Features: Near Public Transit, Rectangular Lot
Road Responsibility: Public Maintained Road
Road Frontage Type: City Street
Lot Size : 0.4017
Lot Size Dimensions: 100 x 175
Lot Size Area: 0.4017
Lot Size Units: Acres
Lot Size Acres: 0.4017
Zoning Description: Residential Multi Use
Financial
Tax Information
Tax Annual Amount: $8,160
Utilities
Utility Information
Water Source: Public
Electric: Circuit Breakers
Utilities: Sewer Connected, Water Connected, Electricity Connected
Location
Schools Information
Elementary School District: Ithaca
Elementary School: Northeast
Middle Or Junior School District: Ithaca
Middle Or Junior School: Dewitt Middle
High School District: Ithaca
High School: Ithaca Senior High
Location Information
Directions: Hanshaw Road to Sapsucker Woods Rd
Cross Street: Hanshaw Rd
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,204
Stories: —
Lot Size: 0.4 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Tompkins County
APN: 503089A07000000100030180000
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
List AOR: IthacaBoardOfRealtors
AttributionContact: 607-227-2139
Around this home
Schools
Northeast Elementary School
Public K-5 • Assigned • 0.9mi
8/10
Dewitt Middle School
Public 6-8 • Assigned • 1.0mi
7/10
Ithaca Senior High School
Public 9-12 • Assigned • 2.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ithaca, NY • 14850
Average low and high temperatures (°F)
31
20
35
20
53
31
62
40
68
47
81
59
85
64
81
58
77
53
64
43
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.