Two-Unit Duplex with
For Sale
$379,000
134 Poole Road, Ithaca, NY 14850
Separate utilities and laundry facilities serve each residence, with private balconies adding individual outdoor space.
Property Size2,110 SF
Price / SF$179.62
Days on Market41
Property Features for 134 Poole Road
General Information
Standard status
Active
Size
2,110 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Annual Taxes
$6,894
Amenities
private balcony
laundry facilities
Ceiling Fan(s)
Cathedral Ceiling(s)
Propane Tank - Owned
Building Details
Building Size
2,110 SF
Year Built
1978
Stories
2
Units
2
Listing Agency:
RE/MAX In Motion
(607) 277-1500
Listed By:
Chelsey Smith · License #10401325229
(607) 592-8553
Source:
Franzese-realestate
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 26 at 3:56AM
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 RE/MAX In Motion
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Investment Insights
Based on property information with market context.
This 2,110-square-foot duplex, built in 1978, contains two side-by-side residences. Each offers two bedrooms and one and a half bathrooms, along with its own laundry facilities and separate utilities. The upper living area includes an updated kitchen with stainless steel appliances, an open ceiling, and sliding-door access to a private balcony. A loft provides additional flexible interior space, while the lower level contains the bedrooms and full bathroom.
The balconies face a wooded rear yard and creek. Each residence has a similar multi-level layout, with a half bath near the main living area and storage beneath the stairs.
The balconies face a wooded rear yard and creek. Each residence has a similar multi-level layout, with a half bath near the main living area and storage beneath the stairs.
Key Highlights
- Two side‑by‑side residences totaling 2,110 square feet
- Each unit has 2 bedrooms and 1.5 bathrooms
- Separate utilities and laundry facilities for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,929
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,580
$558.6K
Cap Rate 7%
$398,986
$399.0K
Cap Rate 9%
$310,322
$310.3K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$41.8K $19.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$39.9K $18.91/SF
− OpEx
−$12.0K −$5.67/SF
NOI
$27.9K $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%
$558,580
Cap Rate 7%
$398,986
Cap Rate 9%
$310,322
Alternative Uses
Best Use
Multifamily LT 5
$399.0K
$349.1K – $465.5K
NOI $27,929 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$369.7K
$323.5K – $431.4K
NOI $25,882 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$658.4K
$576.1K – $768.2K
NOI $46,089 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and laundry facilities serve each residence, with private balconies adding individual outdoor space.
Where is this duplex located?
The property is located at 134 Poole Road Ithaca, NY.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two side‑by‑side residences totaling 2,110 square feet; Each unit has 2 bedrooms and 1.5 bathrooms; Separate utilities and laundry facilities for both units
