Four-Unit Property with Two
For Sale
$510,000
327 Coddington Road, Ithaca, NY 14850
Residential, Ithaca, NY
Property Size4,056 SF
Lot Size0.84 Acres
Price / SF$125.74
Days on Market47
Property Features for 327 Coddington Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2
Patio and Porch features
Porch
Interior features
SlidingGlassDoors, NaturalWoodwork
Exterior features
Balcony
Fireplace
1
Appliances
ElectricWaterHeater, GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school
South Hill
Elementary school district
Ithaca
Middle school district
Ithaca
High school district
Ithaca
Subdivision
Ithaca-Town-503089
Standard status
Active
APN
503089-053-000-0001-016-002-0000
Size
4,056 SF
Lot size
0.84 Acres
Taxes and HOA fees
Tax Annual Amount
12147
Utilities
Heating system
Natural Gas, Electric (Heating), Zoned, Baseboard
Cooling system
Zoned
Water source
Public
Building Details
Year built
1945
Floors in Building
1
Number of units
4
Flooring type
Varies, Laminate, Vinyl, Carpet
Building materials
Frame
Roof type
Shingle
Listing Agency:
RE/MAX In Motion · RE/MAX International
(607) 277-1500
Listed By:
Lindsay Hart · License #10491209901
(607) 227-5990
Added: Jul 6
Changed: Aug 19
Last Checked: Aug 21 at 8:06PM
MLS# R1694420
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 quadplex includes 4,056 square feet across two separate dwellings: a primary house containing three units and a detached two-story bungalow with one additional unit. The owner-oriented residence includes maple cabinetry, granite countertops, a breakfast bar, a brick fireplace, a bonus room, and access to a covered patio. Interior finishes include laminate, carpet, and vinyl flooring, while heating is provided by natural gas and electric baseboard systems with zoning. The property was built in 1945 and sits on 0.84 acres with public water service.
Located at 327 Coddington Road in Ithaca’s South Hill area, the property offers valley views and is situated minutes from Ithaca College. Two units are leased through July 2027; the remaining first-floor and lower-level units provide additional leasing or occupancy flexibility. Completed home inspections and radon testing are available for both buildings, and the property is offered as-is.
Located at 327 Coddington Road in Ithaca’s South Hill area, the property offers valley views and is situated minutes from Ithaca College. Two units are leased through July 2027; the remaining first-floor and lower-level units provide additional leasing or occupancy flexibility. Completed home inspections and radon testing are available for both buildings, and the property is offered as-is.
Key Highlights
- Four rental units distributed between two separate dwellings
- 4,056 square feet on 0.84 acres
- Two units leased through July 2027
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two residential structures provide four rental units, including an owner-style residence with updated kitchen finishes and covered outdoor space.
Where is this quadplex located?
The property is located at 327 Coddington Road Ithaca, NY.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Four rental units distributed between two separate dwellings; 4,056 square feet on 0.84 acres; Two units leased through July 2027
