Duplex with Three-Bedroom
180 Kendall Ave Ithaca, NY 14850
180 Kendall Ave, Ithaca, NY, 14850
$430,000
For Sale
$430,000
MULTI_FAMILY - Other - Ithaca, NY
Property Size2,832 SF
Lot Size0.48 Acres
Price / SF$151.84
Days on Market47
Property Features for 180 Kendall Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 503089-054-000-0005-026-002-0000
- Size
- 2,832 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10588
Utilities
- Heating system
- Forced Air, Electric (Heating), Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Varies, Hardwood, Vinyl
- Building materials
- VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing Agency
RE/MAX In Motion
(607) 277-1500
412 E Upland Rd, Ithaca, NY
Listed by
Suzanne Powers · License #10401300020
(607) 277-1500
Added: Jun 2 Checked: Jul 18 at 10:06 am
MLS# R1686820
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.
Investment Insights
Based on property information with market context.
This duplex offers two separate living spaces, each designed with comfortable daily flow and in-unit laundry. The upper unit features three bedrooms and two full bathrooms, a spacious living room, and a formal dining room with sliding doors leading to a deck. Additional highlights include a bright kitchen with a breakfast nook, a laundry area, and a three-season porch. The lower unit provides three bedrooms and three bathrooms, along with a large living room and a kitchen and dining area that can also function as bonus living space, plus its own laundry area. Updates have been completed, and the property includes multiple storage sheds and additional outbuilding space for storage, hobbies, or tenant use.
Located at 180 Kendall Ave in Ithaca, New York (Tompkins County), the home sits on approximately 0.48 acres and totals about 2,832 square feet. The property is described as being just minutes from Ithaca’s colleges, downtown, shopping, dining, and entertainment.
For buyers and operators, the duplex configuration supports a range of occupancy strategies, including renting both units or living in one unit while leasing the other. With six bedrooms across both units, in-unit laundry, and outdoor storage/outbuilding options, the layout can be practical for households looking for more space, as well as for those seeking a flexible residential income property.
Located at 180 Kendall Ave in Ithaca, New York (Tompkins County), the home sits on approximately 0.48 acres and totals about 2,832 square feet. The property is described as being just minutes from Ithaca’s colleges, downtown, shopping, dining, and entertainment.
For buyers and operators, the duplex configuration supports a range of occupancy strategies, including renting both units or living in one unit while leasing the other. With six bedrooms across both units, in-unit laundry, and outdoor storage/outbuilding options, the layout can be practical for households looking for more space, as well as for those seeking a flexible residential income property.
Key Highlights
- Spacious duplex built in 1961 with two separate units, each with multiple bedrooms and bathrooms
- Upper unit features 3 bedrooms, 2 full bathrooms, a living room, formal dining with deck access, kitchen with breakfast nook, and laundry area
- Lower unit features 3 bedrooms and 3 bathrooms with a large living room, kitchen/dining/bonus living space, and its own laundry area
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 | $56.1k | $19.80 |
| − Vacancy | −$2.5k | −$0.89 |
| EGI | $53.6k | $18.91 |
| − OpEx | −$16.1k | −$5.67 |
| NOI | $37.5k | $13.24 |
2,832 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$535.5K
$468.6K – $624.8K
NOI $37,485 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$496.3K
$434.2K – $579.0K
NOI $34,738 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$883.7K
$773.3K – $1.03M
NOI $61,860 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 3-bedroom duplex units with multiple baths, deck access, and extra storage, suited for owner-occupants or investors.
Where is this duplex located?
The property is located at 180 Kendall Ave Ithaca, NY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Spacious duplex built in 1961 with two separate units, each with multiple bedrooms and bathrooms; Upper unit features 3 bedrooms, 2 full bathrooms, a living room, formal dining with deck access, kitchen with breakfast nook, and laundry area; Lower unit features 3 bedrooms and 3 bathrooms with a large living room, kitchen/dining/bonus living space, and its own laundry area
