180 Kendall Ave, Ithaca, NY 14850
MULTI_FAMILY - Other - Ithaca, NY
- Added:
- Jun 2, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 14 at 7:06 am
Property Features for 180 Kendall Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 5
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 503089-054-000-0005-026-002-0000
- Size
- 2,832 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10588
Utilities
- Heating system
- Electric (Heating), Baseboard, Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Tile, Vinyl, Hardwood
- Building materials
- VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Suzanne Powers License #10401300020 (607) 277-1500
Listing office RE/MAX In Motion 412 E Upland Rd, Ithaca, NY (607) 277-1500
Listing date Jun 2, 2026
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.
HighLights
- Duplex built in 1961 with two separate units featuring multiple bedrooms and bathrooms
- Upper unit: 3 bedrooms, 2 full bathrooms; living room, formal dining with sliding doors to the deck, kitchen, and laundry area
- Lower unit: 3 bedrooms, 3 bathrooms; large living room plus kitchen and dining/bonus space, and its own laundry area
- Multiple heating options including electric, baseboard, forced air, and natural gas
- Exterior includes vinyl siding, asphalt shingle roof, and a deck
- Utilities include public water, plus multiple storage sheds and additional outbuilding space
Overview
Located in Ithaca, the property is described as being just minutes from colleges, downtown, shopping, dining, and entertainment, supporting convenience for a range of tenant and owner-occupant needs. The exterior includes multiple storage sheds and additional outbuilding space for storage, hobbies, or tenant use.
With two full units and in-unit laundry on both levels, this property can suit investors seeking a straightforward duplex setup or owner-occupants looking to live in one unit while renting the other. The separate layouts, updated condition, and on-site storage are practical features for long-term comfort and manageable day-to-day living arrangements.
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 | $56.1k | $19.80 |
| − Vacancy | −$2.5k | −$0.89 |
| EGI | $53.6k | $18.91 |
| − OpEx | −$16.1k | −$5.67 |
| NOI | $37.5k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.482592
- Latitude
- 42.426394