West Hill Duplex on Double
112 Sunrise Road Ithaca, NY 14850
112 Sunrise Road, Ithaca, NY, 14850
$420,000
For Sale
$420,000
MULTI_FAMILY - Other - Ithaca, NY
Property Size2,438 SF
Price / SF$172.27
Days on Market122
Property Features for 112 Sunrise Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 4
- Interior features
- CeilingFans, NaturalWoodwork
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 500700-053-000-0002-007-000-0000
- Size
- 2,438 SF
Taxes and HOA fees
- Tax Annual Amount
- 13161
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Hardwood
- Building materials
- Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Warren Real Estate of Ithaca Inc.
(607) 257-0666
Listed by
Laura Fiore · License #10301208660
(607) 351-6155
Added: Mar 23 Updated: Jul 18 at 9:55AM Checked: Jul 22 at 4:06AM
MLS# R1666560
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This West Hill duplex in Ithaca, NY, presents an investment opportunity or a chance for owner-occupiers. Each unit features three bedrooms and a full bathroom, with interiors designed to maximize natural light. Residents can enjoy a covered front porch and outdoor space. Additional features include a small storage shed and separate off-street parking for each unit. The property is located across from public transportation. The property includes an extra lot, providing additional space and potential. The building size is 2438 square feet. This property offers potential for investors and owner-occupants seeking an income-generating home near local amenities.
Key Highlights
- West Hill duplex with 2 units, each offering 3 bedrooms and a full bathroom
- DOUBLE LOT setup with an extra lot next door included
- Each unit includes separate off‑street parking and a small storage shed
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $46.1k | $18.91 |
| − OpEx | −$13.8k | −$5.67 |
| NOI | $32.3k | $13.24 |
2,438 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.0K
$403.4K – $537.8K
NOI $32,270 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$427.2K
$373.8K – $498.4K
NOI $29,905 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$760.8K
$665.7K – $887.6K
NOI $53,253 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Ithaca with three bedrooms and a double lot.
Where is this duplex located?
The property is located at 112 Sunrise Road Ithaca, NY.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: West Hill duplex with 2 units, each offering 3 bedrooms and a full bathroom; DOUBLE LOT setup with an extra lot next door included; Each unit includes separate off‑street parking and a small storage shed
