For sale

$320,000

Est. $2,467/mo —

•

2,268

sq ft

536 Spencer Rd, Ithaca, NY 14850

About this home

Excellent opportunity to own a well maintained, fully rented two-unit property in Ithaca. The spacious upstairs features 3 bedrooms and 1 full bath with comfortable living space and a functional layout. A generous rental or perfect for future owner occupancy. The lower-level unit offers a newly updated 1 bedroom and 1 full bath with easy entry-level access. Tenants enjoy the benefits of a large yard and shared parking area, along with shared laundry facilities. Conveniently located on Spencer Road with easy access to bus routes as well as downtown Ithaca and the Colleges, 536 Spencer Road is a solid opportunity to add a well-positioned, income-producing property to your portfolio. Can be purchased as a bundle with 609 Spencer Rd MLS R1709841.

Multi-familyProperty Type

1920Year Built

0.31 acresLot Size

$141Price/Sq.Ft.

Listing by Trisha Shore • Howard Hanna S Tier Inc

Contact: 607-592-7283

Listing updated: Sep 3, 2026 at 08:27am

Redfin checked: a few seconds ago

•Source:IBRMLS #R1709839

Payment calculator

$2,467 per month

Principal and interest$1,682

Property taxes

$740

HOA dues

Home insurance

$45

Utilities

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Next available tour time: Saturday

Open houses

No upcoming open houses.

Nearby open houses (10)

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3 beds1 bath1,829 sq ft
405 Columbia St, Ithaca, NY 14850
OPEN SAT, 10:30AM TO 11:30AM
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3 beds1.5 baths1,429 sq ft
309 S Plain St, Ithaca, NY 14850
OPEN SAT, 11AM TO 1PM
$555,000
4 beds2 baths2,240 sq ft
409 W Buffalo St, Ithaca, NY 14850
OPEN SAT, 11AM TO 1PM
$1,400,000
12 beds6 baths9,758 sq ft
367-369 Etna Rd, Ithaca, NY 14850
Listing by Tompkins Cortland Real Estate, (607) 898-3456
OPEN SAT, 12PM TO 2PM
$495,000
4 beds3 baths2,639 sq ft
2 Deer Run Rd, Ithaca, NY 14850
OPEN SAT, 12PM TO 2PM
$449,000
3 beds2.5 baths1,812 sq ft
1210 E State St, Ithaca, NY 14850
OPEN SAT, 12PM TO 1:30PM3D WALKTHROUGH
$479,500
4 beds2 baths2,484 sq ft
99 Gunderman Rd, Ithaca, NY 14850
OPEN SUN, 2PM TO 3:30PM
$450,000
6 beds3 baths2,438 sq ft
54 Bald Hill Rd, Spencer, NY 14883
OPEN SEP 19, 1PM TO 2PM
$669,000
4 beds3.5 baths4,011 sq ft
9 Woodland Way, Ithaca, NY 14850
OPEN SEP 26, 9AM TO 10AM
$895,000
3 beds3.5 baths3,152 sq ft
832 Enfield Falls Rd, Newfield, NY 14867

Around this home

Schools

K - 12
Preschool & daycare

South Hill School

Public PreK-5 • Assigned • 1.1mi

9/10

Ithaca Senior High School

Public 9-12 • Assigned • 2.2mi

9/10

Provided by GreatSchools

About Spencer

Road

Spencer Road, located between Cayuga Heights Road and Triphammer Road, is a residential and hillside Ithaca neighborhood with wooded slopes and winding lanes. The neighborhood’s character concentrates around the Triphammer Road corridor near Community Corners, where a compact cluster of local shops and everyday errands sets a steady, lived-in rhythm. Community Corners anchors the area with Ithaca Bakery, the Cayuga Chamber Orchestra, and the historic Community School of Music and Arts. Homes lean toward mid-century and late-20th-century builds, often set back behind mature trees. Side streets feel quiet, while nearby trails and parks shape an outdoors-forward routine. The terrain brings pockets of long views and a tucked-away feel without losing connection to town.

Provided by Walk Score and Local Logic

Offer insights

536 Spencer Rd · $320,000

Strong offer

$339K and above

75% chance or better to win

Why $339K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 42 days.

SALE-TO-LIST

Most homes are selling 4% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Fireplace (1)
Finished full basement

Bedrooms
One 1-bedroom unit
One 3-bedroom unit

Bathrooms
Two full bathrooms (unit breakdown: one full bath in each unit)

Kitchen
Oven/Range
Refrigerator
Eat-in kitchen (in one unit)
Formal dining room (in one unit)

Laundry & utility
Gas water heater
Tankless water heater

Flooring
Hardwood
Ceramic tile
Vinyl
Tile
Varied flooring

Heating & cooling
Electric baseboard heating

Sale and tax history for 536 Spencer Rd

Sale History
Tax History

Date

Event

Price

IBRMLS #R1709839

Sep 3, 2026

Listed

$320,000

$141/sq ft

IBRMLS #406637

Aug 12, 2022

Sold

$261,000

$115/sq ft

May 22, 2022

Listed

$260,000

$115/sq ft

+40

So many options with this well maintained, spacious, 3BR/1BA home with beautifully renovated 1BR/1BA lower level walkout apartment. Upper level features classic front porch and privately fenced yard area, original craftsman woodwork, and mantle, dining room and large eat-in kitchen, newly updated bathroom, new stove and refrigerator, some new windows, large primary bedroom, and egress from both the front and back of the home. Lower level apartment has been completely remodeled with tile, new kitchen w/ appliances, updated bath, and recessed lighting. Full size windows let in all the light, not your basic dungeon apartment! Completely one level, this unit could be a rental, home office, AirBnB. .. endless possibilities! Large, south facing, sunny yard for play, gardening, or solar collection! New Navian boiler for high efficiency heating/hot water. Steps to Trader Joes, and other shops and restaurants yet tucked into this quiet hillside neighborhood. Driveway parking for 4 or more! Winner!

IBRMLS #IB406637

Aug 12, 2022

Sold

$261,000

$115/sq ft

May 22, 2022

Listed

$260,000

$115/sq ft

IBRMLS #IB313329

Aug 22, 2018

Sold

$199,000

$88/sq ft

May 1, 2018

Listed

$190,000

$84/sq ft

IBRMLS #128019

Jul 16, 2009

Sold

$148,500

$65/sq ft

Nov 3, 2008

Listed

$159,000

$70/sq ft

Public Records

May 2, 2002

Sold

$65,000

$29/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,679

$54,200 + $220,800

$275,000

2025

$5,679 (+2.3%)

$54,200 + $220,800

$275,000

2024

$5,552 (−3.6%)

$54,200 + $220,800

$275,000

2023

$5,760 (−24.7%)

$54,200 + $205,800

$260,000

2022

$7,652 (+6.5%)

$54,200 + $160,800

$215,000

2021

$7,186 (+52.9%)

$54,200 + $145,800

$200,000

2020

$4,701 (+6.7%)

$54,200 + $145,800

$200,000

2019

$4,404 (−1.0%)

$54,200 + $130,800

$185,000

2018

$4,448 (+2.9%)

$54,200 + $130,800

$185,000

2017

$4,323 (−0.9%)

$54,200 + $130,800

$185,000

2016

$4,362 (+13.5%)

$33,200 + $141,800

$175,000

2015

$3,844 (−34.3%)

$33,200 + $141,800

$175,000

2014

$5,849

$33,200 + $116,800

$150,000

Public record

Beds

Baths

Stories

Lot width

95 ft.

Lot depth

142 ft.

Lot size

0.31 Acres

Year renovated

—

Finished Sq. Ft.

2,268

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,268

Year built

1920

Style

Multi-Family (2-4 Unit)

County

Tompkins County

APN

500700A12400000010090000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

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

3/10 Heat Factor

8 days above 93° expected this year, 17 days in 30 years

1/10 Wind Factor

0% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

76/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.3 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 536 Spencer Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $313,650 and $447,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $314K to $447K.

SOLD APR 1, 2026
$360,000 Last sold price
6 beds3 baths2,548 sq ft
105 Grandview Ave, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
smaller lot
70 years newer
SOLD APR 28, 2026
$360,000 Last sold price
3 beds2 baths1,549 sq ft
221 Wood St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$91/sq ft
smaller lot
5 years older
SOLD MAR 20, 2026
$313,650 Last sold price
4 beds2 baths2,082 sq ft
121 Cleveland Ave, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$10/sq ft
smaller lot
20 years older
SOLD JAN 13, 2026
$342,200 Last sold price
4 beds2 baths1,864 sq ft
517 W Buffalo St, Ithaca, NY 14850
Listing by Howard Hanna S Tier Inc
$43/sq ft
smaller lot
60 years older
SOLD AUG 7, 2026
$447,000 Last sold price
4 beds2 baths2,008 sq ft
313 Center St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$82/sq ft
smaller lot
20 years older
SOLD MAR 5, 2026
$320,000 Last sold price
4 beds2 baths1,792 sq ft
122-24 Linn St, Ithaca, NY 14850
Listing by Linz Real Estate
$38/sq ft
smaller lot
20 years older

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Details provided by IBRMLS and may not match the public record. Learn more.

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