For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Updated Duplex with Two 3-Bed Units Title is generated by Realmo AI

    180 Kendall Ave, Ithaca, NY 14850

    View on Map
    Claim this Listing
    For Sale
    $450,000

    MULTI_FAMILY - Other - Ithaca, NY

    Property size:
    2,832 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $158/SF
    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

    We can help!

    Listing Contact
    Suzanne Powers

    Listing agent Suzanne Powers License #10401300020

    Listing office RE/MAX In Motion 412 E Upland Rd, Ithaca, NY

    Listing date Jun 2, 2026

    MLS# R1686820 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.

    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

    This updated duplex offers two separate residences, with the upper unit featuring three bedrooms, two full bathrooms, a spacious living room, and a formal dining room with sliding doors leading to a deck. The upper level also includes a bright kitchen with breakfast nook, a dedicated 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 or bonus living space, plus its own laundry area.

    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
    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 (±1% cap)
    NOI $37,485 @ 7.0% cap · market cap 8.33%
    Second Best
    Apartment 5plus
    $496.3K
    $434.2K – $579.0K (±1% cap)
    NOI $34,738 @ 7.0% cap · market cap 7.72%
    Theoretical Best
    Office A
    $883.7K
    $773.3K – $1.03M (±1% cap)
    NOI $61,860 @ 7.0% cap · market cap 13.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Hotel & Motel Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Accounting Firm Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.482592
    Latitude
    42.426394

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with 3-bedroom layouts on both floors, offering owner-occupant and rental flexibility.
    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 $450,000.
    What are key features of this property?
    This property features: 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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message