Unique Duplex in Desirable
134 Poole Road Ithaca, NY 14850
134 Poole Road, Ithaca, NY, 14850
$395,000
For Sale
$395,000
MULTI_FAMILY - Other - Ithaca, NY
Property Size2,110 SF
Lot Size1.40 Acres
Price / SF$187.20
Days on Market103
Property Features for 134 Poole Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Basement, Bathroom 3, Bathroom 4, Bedroom 3
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, CathedralCeilings
- Exterior features
- PropaneTankOwned
- Fireplace
- 1
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 28.-1-34.19
- Size
- 2,110 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6894
Utilities
- Sewer type
- Septic Tank
- Heating system
- Hot Water(Heating), Baseboard, Electric (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Well
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Carpet, Varies, Hardwood
- Building materials
- WoodSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
RE/MAX In Motion
(607) 277-1500
412 E Upland Rd, Ithaca, NY
Listed by
Chelsey Smith · License #10401325229
(607) 592-8553
Added: Apr 7 Checked: Jul 18 at 5:06 pm
MLS# R1670572
Listing URL
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 unique duplex presents an opportunity for homeowners or investors. The property features two side-by-side units, each with two bedrooms, one and a half bathrooms, laundry facilities, a private back balcony, and separate utilities. Each unit has a wooden staircase upon entry, updated kitchens with stainless steel appliances and dark wood cabinetry, living spaces with tall, open ceilings, a half bath, and natural light. Sliding doors lead to the balcony overlooking the wooded backyard and creek. The bottom level includes two bedrooms, a full bathroom with laundry, under stair storage, and outdoor access. An open loft is suitable for office space, a home gym, or a reading nook. The 2,110 square-foot duplex is situated on a 1.4-acre lot. The property will be vacant as of July 31. Located in Ithaca, New York, this property offers a chance to own a distinctive piece of real estate.
Key Highlights
- Side‑by‑side duplex with two separate units
- Each unit has 2 bedrooms and 1.5 bathrooms, plus its own laundry facilities
- Units have private back balcony with views of the wooded back yard and creek
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 | $41.8k | $19.80 |
| − Vacancy | −$1.9k | −$0.89 |
| EGI | $39.9k | $18.91 |
| − OpEx | −$12.0k | −$5.67 |
| NOI | $27.9k | $13.24 |
2,110 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$399.0K
$349.1K – $465.5K
NOI $27,929 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$369.7K
$323.5K – $431.4K
NOI $25,882 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$658.4K
$576.1K – $768.2K
NOI $46,089 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit property with modern amenities and investment potential.
Where is this duplex located?
The property is located at 134 Poole Road Ithaca, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two separate units; Each unit has 2 bedrooms and 1.5 bathrooms, plus its own laundry facilities; Units have private back balcony with views of the wooded back yard and creek
