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7-Unit Stone Apartment Building
For Sale
$999,000

1249 Trumansburg Rd, Ithaca, NY 14850

Coin-operated laundry, off-street parking, and basement storage serve the seven-unit property.

Property Size8,454 SF
Price / SF$118.17
Days on Market9

Property Features for 1249 Trumansburg Rd

General Information

Standard status Active
Size 8,454 SF
Property subtype Residential Income

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $17,904

Amenities

coin-operated laundry
basement storage lockers

Building Details

Construction stone
Listing Agency: Howard Hanna S Tier Inc
Listed By: Kelly Ann Skeval
Source: Exprealty
Added: Oct 29 Changed: Nov 4 Last Checked: Nov 4 at 2:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna S Tier Inc

Rey
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Investment Insights

Based on property information with market context.

This 8,454-square-foot apartment property contains seven units in a stone building with a slate roof. One larger apartment has a separate entrance and patio. Residents also have access to coin-operated laundry, off-street parking, and individual basement storage lockers. The property has an established rental history.

The building is 0.5 miles from the local hospital and 2 miles from downtown Ithaca, placing those destinations within convenient reach.

Key Highlights

  • Seven apartment units in an 8,454‑square‑foot stone building
  • Larger apartment includes a private entrance and patio
  • Slate roof

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

373
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
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Market

Properties on Market for Apartment buildings 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?
Apartment building - Coin-operated laundry, off-street parking, and basement storage serve the seven-unit property.
Where is this apartment building located?
The property is located at 1249 Trumansburg Rd Ithaca, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Seven apartment units in an 8,454‑square‑foot stone building; Larger apartment includes a private entrance and patio; Slate roof
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