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1283 Ellis Hollow Road Ithaca, NY 14850

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For Sale
$570,000

MULTI_FAMILY - Other - Ithaca, NY

Property size:
2,713 SF
Lot size:
1.47 Acres
Added:
Mar 23, 2026
Days on Market:
10
Last Refresh:
Apr 1 at 5:06 pm

Property Features for 1283 Ellis Hollow Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3
Patio and Porch features
Porch
Interior features
NaturalWoodwork
Appliances
GasWaterHeater
Standard status
Active
APN
67.-1-64.2
Size
2,713 SF
Lot size
1.47 Acres

Taxes and HOA fees

TaxAnnualAmount
8774

Utilities

Sewer type
Septic Tank
Heating system
Natural Gas
Water source
Well

Building Details

Year built
1985
Floors in Building
2
Number of units
4
Flooring type
Varies, Vinyl, Carpet, Tile
Building materials
Frame, Log, WoodSiding, CopperPlumbing, PexPlumbing
Roof type
Rubber, Membrane, Shingle, Asphalt
Architectural style
Other

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Listing Contact
Christine Delvecchio
Christine Delvecchio

Listing agent Christine Delvecchio License #30DE0840160

Listing office Warren Real Estate of Ithaca Inc. 830 Hanshaw Rd, Ithaca, NY

Listing date Mar 23, 2026

MLS# R1668595

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.


Overview

Ellis Hollow Four-Unit Rental Property

Located in Ellis Hollow, this side-by-side, four-unit rental property is an investment opportunity. The property is fully rented through July 31, 2026, generating an annual gross income of $64,800. The log design features a covered front porch and ample parking for tenants and guests. Each unit is rented for $1,350 plus utilities, which are separately metered. The units are in overall good condition. The main level of each unit includes a living room open to the kitchen and a full bath with tub/shower. Upstairs, there is one bedroom plus a large office room/sitting room. Each unit also has outdoor space with concrete back patios and privacy walls. Situated on an oversized 1.47-acre lot with wooded views, the property has undergone recent improvements, including septic work in 2024 and a new well pump in 2022, as well as updated windows and roofing. The property size is 2713 square feet. Unit 1 may be vacating to allow owner occupancy earlier than July, though the tenant is still obligated to pay the lease through July. The property has a history of being fully rented with no significant vacancy rates.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Building Supply Spa & Massage Center Hotel & Motel Gym & Fitness Center Department Store Electrical Service Electronics & Wireless Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Ithaca
County
Tompkins
State
New York
Longitude
-76.43005
Latitude
42.430247

FAQs

What type of property is this?
Quadplex - Fully rented four-unit property near Cornell's Vet School.
Where is this quadplex located?
The property is located at 1283 Ellis Hollow Road Ithaca, NY.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Fully rented 4‑unit property generating $64,800 annual gross income through July 31, 2026.; Located in the heart of Ellis Hollow, minutes from Cornell's Vet School.; Recent improvements include new septic (2024) and well pump (2022), plus updated windows and roofing.
More about this property
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