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5-Bedroom Duplex Property

105 Birdseye View Drive, Ithaca, NY 14850

For Sale
$499,000

Residential, Ithaca, NY

Property Size2,880 SF
Lot Size0.22 Acres
Price / SF$173.26
Days on Market52

Property Features for 105 Birdseye View Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 5
Appliances GasWaterHeater
Subdivision Section 39
Lot features Cul De Sac, Near Public Transit, Rectangular, Rectangular Lot
Elementary school South Hill
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Standard status Active
APN 503089-039-000-0011-013-000-0000
Size 2,880 SF
Lot size 0.22 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Annual Amount 12309

Utilities

Sewer type Septic Tank
Heating system Radiant, Hot Water(Heating), Baseboard, Natural Gas
Water source Public

Amenities

in-unit laundry
radiant floor heating
shared yard

Building Details

Year built 2017
Floors in Building 2
Number of units 2
Flooring type Varies, Vinyl, Tile
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Buildings 1
Listing Agency: RE/MAX In Motion · RE/MAX International
Listed By: Alanie Woodin · License NY #10401354150
Added: Sep 19 Changed: Oct 30 Last Checked: Nov 9 at 8:06PM
MLS# R1715379

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2017, this 2,880-square-foot side-by-side duplex contains two fully rented units. The property offers five bedrooms and four full bathrooms, with Unit A providing three bedrooms, two full bathrooms, laundry, a den or office area, and an open kitchen, living, and dining arrangement. Unit B includes two bedrooms, a half bathroom, a full bathroom, laundry, and living areas distributed across two levels.

Both residences feature vinyl and tile flooring, radiant heat on the lower levels, separate utility meters, and natural gas heating. Tenants share the yard, while each unit includes its own water and utility responsibility. The 0.22-acre property is served by public water and a septic tank and has vinyl siding with an asphalt roof.

Key Highlights

  • Two fully rented side‑by‑side units
  • 2,880 square feet on a 0.22‑acre lot
  • Five bedrooms and four full bathrooms across both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,121
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,420 $762.4K
Cap Rate 7%
$544,586 $544.6K
Cap Rate 9%
$423,567 $423.6K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$57.0K $19.80/SF
− Vacancy
−$2.6K −$0.89/SF
EGI
$54.5K $18.91/SF
− OpEx
−$16.3K −$5.67/SF
NOI
$38.1K $13.24/SF
Area
Tompkins County, NY
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,420
Cap Rate 7%
$544,586
Cap Rate 9%
$423,567

Alternative Uses

Best Use
Multifamily LT 5
$544.6K
$476.5K – $635.4K (±1% cap)
NOI $38,121 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$504.7K
$441.6K – $588.8K (±1% cap)
NOI $35,327 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$898.7K
$786.4K – $1.05M (±1% cap)
NOI $62,908 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Ithaca, NY

$184 Jul
$193 Aug
$183 Sep
$187 Oct

Properties on Market for Duplexes in Ithaca

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied two-unit property with separate utility metering and flexible layouts for residential use.
Where is this duplex located?
The property is located at 105 Birdseye View Drive Ithaca, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two fully rented side‑by‑side units; 2,880 square feet on a 0.22‑acre lot; Five bedrooms and four full bathrooms across both units
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