414 W Seneca Street, Ithaca, NY 14850
MULTI_FAMILY - Other - Ithaca, NY
- Added:
- Apr 6, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 8 at 5:06 pm
Property Features for 414 W Seneca Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Window features
- Wood Frames
- Patio and Porch features
- Patio, Deck
- Interior features
- NaturalWoodwork
- Exterior features
- Balcony, Deck, Patio, PrivateYard
- Appliances
- GasWaterHeater
- Standard status
- Active Under Contract
- APN
- 500700-060-000-0006-016-000-0000
- Size
- 2,052 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12668
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1860
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Varies
- Building materials
- BlownInInsulation, Brick, Frame, CopperPlumbing
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Laurel Guy License #10371201385 (607) 227-1556
Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY (607) 257-0666
Listing date Apr 6, 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
- 4 BR, 2 BA up‑and‑down duplex built in 1860 with Queen Anne brick Victorian character and natural woodwork
- Both apartments have separate utilities, separate entrances, and separate washer/dryers, plus off‑street parking
- Apartment 1 (main level): 2 BR, 1 BA with 957 SF, high ceilings, original woodwork, formal dining and living rooms
- Apartment 2 (2nd floor): 2 BR, 1 BA with 983 SF, original woodwork, enclosed porch, and two balconies
- Recent updates include 2020 roof, 2024 blown‑in insulation, 2023 furnace, and newer hot water heaters
- Deep fenced back yard with patio, deck, and private yard; solid/dry basement with bluestone floor
Overview
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 | $40.6k | $19.80 |
| − Vacancy | −$1.8k | −$0.89 |
| EGI | $38.8k | $18.91 |
| − OpEx | −$11.6k | −$5.67 |
| NOI | $27.2k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.505144
- Latitude
- 42.440394
