Ellis Hollow Four-Unit Rental
1283 Ellis Hollow Road, Ithaca, NY 14850
MULTI_FAMILY - Other - Ithaca, NY
Property size:
2,713 SFLot size:
1.47 AcresPrice / SF:
$210/SF- Added:
- Mar 23, 2026
- Days on Market:
- 53
- Last Refresh:
- May 14 at 10:06 am
Property Features for 1283 Ellis Hollow Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Interior features
- NaturalWoodwork
- Appliances
- GasWaterHeater
- Standard status
- Active Under Contract
- APN
- 67.-1-64.2
- Size
- 2,713 SF
- Lot size
- 1.47 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8774
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas
- Water source
- Well
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl, Tile, Varies
- Building materials
- Frame, Log, WoodSiding, CopperPlumbing, PexPlumbing
- Roof type
- Rubber, Asphalt, Membrane, Shingle
- Architectural style
- Other
Listing agent Christine Delvecchio License #30DE0840160 (607) 227-3016
Listing office Warren Real Estate of Ithaca Inc. 830 Hanshaw Rd, Ithaca, NY (607) 257-0666
Listing date Mar 23, 2026
MLS# R1668595
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
- Fully rented 4‑unit property generating $64,800 annual gross income through July 31, 2026.
- Located in the heart of Ellis Hollow, minutes from Cornell's Vet School.
- Recent improvements include new septic (2024) and well pump (2022), plus updated windows and roofing.
- Each unit features a living room open to kitchen, full bath, 1 bedroom, and a large office/sitting room, plus a private concrete patio.
- Oversized 1.47 acre lot with wooded views.
- Low vacancy rates and well‑maintained property.
Overview
Located in Ellis Hollow, this side-by-side, four-unit rental property is an investment opportunity. The property is fully rented through July 31, 2026, generating an annual gross income of $64,800. The log design features a covered front porch and ample parking for tenants and guests. Each unit is rented for $1,350 plus utilities, which are separately metered. The units are in overall good condition. The main level of each unit includes a living room open to the kitchen and a full bath with tub/shower. Upstairs, there is one bedroom plus a large office room/sitting room. Each unit also has outdoor space with concrete back patios and privacy walls. Situated on an oversized 1.47-acre lot with wooded views, the property has undergone recent improvements, including septic work in 2024 and a new well pump in 2022, as well as updated windows and roofing. The property size is 2713 square feet. Unit 1 may be vacating to allow owner occupancy earlier than July, though the tenant is still obligated to pay the lease through July. The property has a history of being fully rented with no significant vacancy rates.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.43005
- Latitude
- 42.430247
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully rented four-unit property near Cornell's Vet School.
Where is this quadplex located?
The property is located at 1283 Ellis Hollow Road Ithaca, NY.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Fully rented 4‑unit property generating $64,800 annual gross income through July 31, 2026.; Located in the heart of Ellis Hollow, minutes from Cornell's Vet School.; Recent improvements include new septic (2024) and well pump (2022), plus updated windows and roofing.
