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    Unique Duplex in Desirable Location Title is generated by Realmo AI

    134 Poole Road, Ithaca, NY 14850

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    Claim this Listing
    For Sale
    $395,000

    MULTI_FAMILY - Other - Ithaca, NY

    Property size:
    2,110 SF
    Lot size:
    1.40 Acres
    Price / SF:
    $187/SF
    Added:
    Apr 7, 2026
    Days on Market:
    82
    Last Refresh:
    Jun 27 at 7:06 am

    Property Features for 134 Poole Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Basement, Bedroom 2, Bedroom 3, Bathroom 3
    Patio and Porch features
    Porch
    Interior features
    CeilingFans, CathedralCeilings
    Exterior features
    PropaneTankOwned
    Fireplace
    1
    Appliances
    ElectricWaterHeater
    Standard status
    Active
    APN
    28.-1-34.19
    Size
    2,110 SF
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6894

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Hot Water(Heating), Baseboard
    Cooling system
    Wall Unit(s)
    Water source
    Well

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Varies, Carpet, Tile
    Building materials
    WoodSiding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Contact an agent
    Chelsey Smith
    Chelsey Smith

    Listing agent Chelsey Smith License #10401325229

    Listing office RE/MAX In Motion 412 E Upland Rd, Ithaca, NY

    Listing date Apr 7, 2026

    MLS# R1670572 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

    • Side‑by‑side duplex built in 1978 with two residential units, each with its own separate utilities
    • Each unit offers 2 bedrooms and 1.5 bathrooms, plus private back balcony access and in‑unit laundry facilities
    • Updated kitchens in each unit include stainless steel appliances and dark wood cabinetry
    • Upper level features tall/open ceilings and an additional loft area for office, gym, or flex space
    • Shared property systems include well water and septic tank sewer; propane tank owned; electric hot water
    • Fireplace present; cooling via wall units; heating includes hot water heating, electric heat, and baseboard heat

    Overview

    This unique duplex presents an opportunity for homeowners or investors. The property features two side-by-side units, each with two bedrooms, one and a half bathrooms, laundry facilities, a private back balcony, and separate utilities. Each unit has a wooden staircase upon entry, updated kitchens with stainless steel appliances and dark wood cabinetry, living spaces with tall, open ceilings, a half bath, and natural light. Sliding doors lead to the balcony overlooking the wooded backyard and creek. The bottom level includes two bedrooms, a full bathroom with laundry, under stair storage, and outdoor access. An open loft is suitable for office space, a home gym, or a reading nook. The 2,110 square-foot duplex is situated on a 1.4-acre lot. The property will be vacant as of July 31. Located in Ithaca, New York, this property offers a chance to own a distinctive piece of real estate.

    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 $41.8k $19.80
    − Vacancy −$1.9k −$0.89
    EGI $39.9k $18.91
    − OpEx −$12.0k −$5.67
    NOI $27.9k $13.24
    2,110 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $399.0K
    $349.1K – $465.5K (±1% cap)
    NOI $27,929 @ 7.0% cap · market cap 7.07%
    Second Best
    Apartment 5plus
    $369.7K
    $323.5K – $431.4K (±1% cap)
    NOI $25,882 @ 7.0% cap · market cap 6.55%
    Theoretical Best
    Office A
    $658.4K
    $576.1K – $768.2K (±1% cap)
    NOI $46,089 @ 7.0% cap · market cap 11.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Daycare Center Computer & Electronic Repair Bed & Breakfast Pet Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.561939
    Latitude
    42.435788

    FAQs

    What type of property is this?
    Duplex - Two-unit property with modern amenities and investment potential.
    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 $395,000.
    What are key features of this property?
    This property features: Side‑by‑side duplex built in 1978 with two residential units, each with its own separate utilities; Each unit offers 2 bedrooms and 1.5 bathrooms, plus private back balcony access and in‑unit laundry facilities; Updated kitchens in each unit include stainless steel appliances and dark wood cabinetry
    More about this property
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