Off market aug 2021 for $266K

$465,924

•

— ba

•

2,916

sq ft

545 Spencer Rd, Ithaca, NY 14850

About this home

Looking for turn-key short term rental cash cow? Welcome to the Downtown Ithaca Hideout! This spacious side by side duplex sits on an oversized lot bordering the buttermilk nature trail. Many improvements and very strong rental income. Newly rebuilt front porch with added privacy fence and new retaining wall. Conveniently located on the bus route and close to downtown shopping. Less than 3 miles from Cornell or IC. Solid owner occupy or investment opportunity. Each unit features 4 bedrooms and 1 bathroom with a private yard. Zoned for 3 unrelated each side. Endless opportunities and loads of potential. Currently both sides are being run as short term rentals, more info available at https://abnb. me/AgCVFsoj7gb. Rental management and furnishings are avilable to the new owner. Current management team has great host reviews on AirBnb.

Multi-familyProperty Type

1900Year Built

0.69 acresLot Size

$160Est. Price/Sq.Ft.

Listing by Christopher Kusznir • Key Brokers

Contact: Chris@MyKeyBrokers.com

Bought with Terri Starr • Howard Hanna S Tier Inc

Redfin checked: 2 minutes ago

•Source:IBRMLS #IB404404

Redfin Estimate

$465,924

$200K since sold in August 2021$38K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.9% lower than the average sale price ($604K) of 6 comparable homes.

SOLD OCT 26, 2026
$745,000
A
5 beds3 baths3,019 sq ft
227 Willard Way, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
SOLD AUG 7, 2026
$447,000
B
4 beds2 baths2,008 sq ft
313 Center St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
SOLD SEP 17, 2026
$465,000
C
4 beds2 baths2,146 sq ft
201 Columbia St, Ithaca, NY 14850
Listing by Howard Hanna S Tier Inc
SOLD AUG 14, 2026
$675,000
D
5 beds3.5 baths3,341 sq ft
101 Linn St, Ithaca, NY 14850
Listing by Howard Hanna S Tier Inc
SOLD OCT 1, 2026
$625,000
E
4 beds2.5 baths2,928 sq ft
25 Cornell St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
SOLD JUL 24, 2026
$669,000
F
5 beds2.5 baths2,689 sq ft
103 Harvard Pl, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 14850, NY

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.6% MoM

Median sale price

$429K

$66K MoM

Avg. days on market

67d

5 days MoM

Recently sold homes

103

29 MoM

New listings for sale

NEW 13 HRS AGO
$480,000
6 beds2 baths2,786 sq ft
115-117 Giles St, Ithaca, NY 14850
$390,000
3 beds2.5 baths1,608 sq ft
437 N Tioga St, Ithaca, NY 14850
$389,000
4 beds3 baths2,552 sq ft
117 Hillcrest Dr, Ithaca, NY 14850
$525,000
3 beds2 baths1,692 sq ft
1532 Taughannock Blvd, Ithaca, NY 14850
FOR SALE BY OWNER
$199,500
— beds— baths— sq ft
Inlet Valley Way, Ithaca, NY 14850
OPEN SAT, 11AM TO 1PM
$449,900
4 beds3 baths3,332 sq ft
1364 Mecklenburg Rd, Ithaca, NY 14850
$2,300,000
4 beds3 baths3,026 sq ft
1458 Trumansburg Rd, Ithaca, NY 14850
Listing by Michael DeRosa Exchange, (315) 406-7355
$310,000
2 beds2 baths1,454 sq ft
1848 Slaterville Rd, Ithaca, NY 14850
$245,000
2 beds1 bath768 sq ft
1438 Mecklenburg Rd, Ithaca, NY 14850
Listing by Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
$334,999
3 beds1 bath1,692 sq ft
1 Woodgate Ln, Ithaca, NY 14850
See all

Provided by Redfin

Sale history for 545 Spencer Rd

Public record

Beds

—

Baths

—

Stories

—

Lot width

140 ft.

Lot depth

214 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Tompkins County

APN

500700 124.-2-4

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 2, 2024.

Property details

Interior

Virtual Tour

Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Appliances: Freezer, Gas Oven, Gas Range, Refrigerator

Room Information
Basement Details: Crawl Space

Unit Type 1 Information
Description: ,
# of Bedrooms: 4
Actual Rent: $140
Total Rent: $140

Unit Type 2 Information
Description: ,
# of Bedrooms: 4
Actual Rent: $175
Total Rent: $175

Unit Type 3 Information
Description: ,
# of Bedrooms: 4
Actual Rent: $175
Total Rent: $175

Unit Type 4 Information
Description: ,
# of Bedrooms: 4
Actual Rent: $140
Total Rent: $140

Exterior

Exterior Features
Roof: Asphalt

Building Information
Sq. Ft.: 2916
Construction Materials: Frame
Foundation Details: Stone

Property Information
Property Type: Residential
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family

Lot Information
Lot Size : 0.69
Lot Size Dimensions: 140 x 214
Lot Size Area: 0.69
Lot Size Units: Acres
Lot Size Acres: 0.69

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Connected, Water Connected

Location

Schools Information
Elementary School District: Ithaca
Elementary School: Fall Creek Elementary
Middle Or Junior School District: Ithaca
Middle Or Junior School: Boynton Middle
High School District: Ithaca

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Tompkins County
APN: 500700 124.-2-4

Home facts updated by county records on Apr 2, 2024

Other

Listing Information
List AOR: IthacaBoardOfRealtors
AttributionContact: Chris@MyKeyBrokers.com

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 • 2.3mi

9/10

Boynton Middle School

Public 6-8 • Assigned • 2.6mi

8/10

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

3/10 Heat Factor

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

1/10 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°

63°

43°

50°

36°

37°

24°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

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.

9.1 hrs

2.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$443,000 – $536,000

Sell confidently with a local market expert in Ithaca. 3 minutes to get started.

Nearby similar homes

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New listings for sale in 14850

NEW 13 HRS AGO

$480,000

6 beds2 baths2,786 sq ft

115-117 Giles St, Ithaca, NY 14850

Close to downtown • Dry wood floor level • Laundry and storage

$390,000

3 beds2.5 baths1,608 sq ft

437 N Tioga St, Ithaca, NY 14850

Spacious backyard • Hardwood floors • 8,250 sq ft lot

$389,000

4 beds3 baths2,552 sq ft

117 Hillcrest Dr, Ithaca, NY 14850

Seasonal lake views • Accessory apartments • Wood fireplace

$525,000

3 beds2 baths1,692 sq ft

1532 Taughannock Blvd, Ithaca, NY 14850

Renovated farmhouse • Hardwood floors • 11.86 acre lot

FOR SALE BY OWNER

$199,500

— beds— baths— sq ft

Inlet Valley Way, Ithaca, NY 14850

Listed 3 days

OPEN SAT, 11AM TO 1PM

$449,900

4 beds3 baths3,332 sq ft

1364 Mecklenburg Rd, Ithaca, NY 14850

Open kitchen • Granite countertops • Center island

$2,300,000

4 beds3 baths3,026 sq ft

1458 Trumansburg Rd, Ithaca, NY 14850

Heated sunroom • 14-stall barn • Automatic waterers

Listing by Michael DeRosa Exchange, (315) 406-7355

$310,000

2 beds2 baths1,454 sq ft

1848 Slaterville Rd, Ithaca, NY 14850

Stylish kitchen • Private deck • Large shed

$245,000

2 beds1 bath768 sq ft

1438 Mecklenburg Rd, Ithaca, NY 14850

Updated kitchen • Refreshed bathroom • Attractive flooring

Listing by Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708

Home values near 545 Spencer Rd

Data from public records.

Address	Redfin Estimate
562 Spencer Rd, Ithaca, NY 3 Beds \| 2 Baths \| 1373 Sq. Ft.	$313,645
563 Spencer Rd, Ithaca, NY 5 Beds \| 3 Baths \| 1911 Sq. Ft.	$380,356
524 Spencer Rd, Ithaca, NY 5 Beds \| 3 Baths \| 2112 Sq. Ft.	$436,054
530 Spencer Rd, Ithaca, NY 2 Beds \| 1 Baths \| 1188 Sq. Ft.	$214,750
532 Spencer Rd, Ithaca, NY 4 Beds \| 1 Baths \| 1740 Sq. Ft.	$307,025
545 Spencer Rd Apt 47, Ithaca, NY - Beds \| - Baths \| 2916 Sq. Ft.	$405,480
548 Spencer Rd, Ithaca, NY 3 Beds \| 2 Baths \| 2003 Sq. Ft.	$342,585

Address	Redfin Estimate
560 Spencer Rd, Ithaca, NY 4 Beds \| 2 Baths \| 1380 Sq. Ft.	$338,092
544 Spencer Rd, Ithaca, NY 3 Beds \| 2 Baths \| 1350 Sq. Ft.	$241,090
550 Spencer Rd, Ithaca, NY 4 Beds \| 2 Baths \| 2167 Sq. Ft.	$399,821
526 Spencer Rd, Ithaca, NY 3 Beds \| 1 Baths \| 1642 Sq. Ft.	$343,943
553 Spencer Rd, Ithaca, NY 3 Beds \| 1 Baths \| 1275 Sq. Ft.	$257,299
536 Spencer Rd, Ithaca, NY 4 Beds \| 2 Baths \| 2268 Sq. Ft.	—
525 Spencer Rd, Ithaca, NY 3 Beds \| 1.5 Baths \| 1184 Sq. Ft.	$341,548

Address	Redfin Estimate
564 Spencer Rd, Ithaca, NY 2 Beds \| 1 Baths \| 918 Sq. Ft.	$214,336
543 Spencer Rd, Ithaca, NY 4 Beds \| 2.5 Baths \| 1721 Sq. Ft.	$346,124
528 Spencer Rd, Ithaca, NY 3 Beds \| 1.5 Baths \| 1148 Sq. Ft.	—
554 Spencer Rd, Ithaca, NY 3 Beds \| 2 Baths \| 2378 Sq. Ft.	$356,079
542 Spencer Rd, Ithaca, NY 2 Beds \| 1 Baths \| 1172 Sq. Ft.	$210,842
549 Spencer Rd, Ithaca, NY 3 Beds \| 1 Baths \| 1694 Sq. Ft.	$263,324
546 Spencer Rd, Ithaca, NY 3 Beds \| 1 Baths \| 1327 Sq. Ft.	$205,153

Property information provided by IBRMLS when last listed in 2021. This data may not match . Learn more.

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