Duplex with Two Three-Bed
For Sale
$410,000
180 Kendall Ave, Ithaca, NY 14850
MULTI_FAMILY - Other - Ithaca, NY
Property Size2,832 SF
Lot Size0.48 Acres
Price / SF$144.77
Days on Market60
Property Features for 180 Kendall Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 5, Bathroom 3, Bedroom 3
Patio and Porch features
Deck
Exterior features
Deck
Appliances
ElectricWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
South Hill
Elementary school district
Ithaca
Middle school district
Ithaca
High school district
Ithaca
Directions
Left on Pennsylvania Ave, left on Kendall Ave, House is at the end of the street on the right.
Subdivision
Ithaca-Town-503089
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
Baseboard, Electric (Heating), Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1961
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Varies, Hardwood, Tile
Building materials
VinylSiding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
RE/MAX In Motion · RE/MAX International
(607) 277-1500
Listed By:
Suzanne Powers · License #10401300020
(607) 277-1500
Added: Jun 2
Changed: Jul 28
Last Checked: Jul 31 at 4:06AM
MLS# R1686820
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 duplex offers two separate residential units with practical layouts. The upper unit features three bedrooms, two full bathrooms, a spacious living room, and a formal dining room with sliding doors leading to a deck. The upper also includes a bright kitchen with a breakfast nook, a laundry area, and a three-season porch. The lower unit provides three bedrooms and three bathrooms, along with a large living room and a kitchen/dining area that can support additional living space, plus its own laundry area.
Located on Kendall Ave in Ithaca, the property is described as being minutes from colleges, downtown, shopping, dining, and entertainment. Exterior improvements include multiple storage sheds and additional outbuilding space for storage or tenant use, supporting day-to-day convenience for residents.
With updates already completed as stated in the remarks, this duplex is positioned for straightforward occupancy as either a rental investment or owner-occupant arrangement.
Located on Kendall Ave in Ithaca, the property is described as being minutes from colleges, downtown, shopping, dining, and entertainment. Exterior improvements include multiple storage sheds and additional outbuilding space for storage or tenant use, supporting day-to-day convenience for residents.
With updates already completed as stated in the remarks, this duplex is positioned for straightforward occupancy as either a rental investment or owner-occupant arrangement.
Key Highlights
- Duplex built in 1961 with 2 separate units
- Upper unit offers 3 bedrooms and 2 full bathrooms
- Upper unit includes a living room, formal dining room with sliding doors to the deck, and kitchen with breakfast nook
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 |
2,832 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$535.5K
$468.6K – $624.8K
NOI $37,485 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$496.3K
$434.2K – $579.0K
NOI $34,738 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$883.7K
$773.3K – $1.03M
NOI $61,860 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two units each with three bedrooms; upper has 2 full baths and lower has 3 full baths.
Where is this duplex located?
The property is located at 180 Kendall Ave Ithaca, NY.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Duplex built in 1961 with 2 separate units; Upper unit offers 3 bedrooms and 2 full bathrooms; Upper unit includes a living room, formal dining room with sliding doors to the deck, and kitchen with breakfast nook
