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    Collegetown Multi-Family Residence Title is generated by Realmo AI

    505 Dryden Road, Ithaca, NY 14850

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    Claim this Listing
    For Sale
    $1,000,000

    MULTI_FAMILY - Other - Ithaca, NY

    Property size:
    4,318 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $231/SF
    Added:
    Apr 3, 2026
    Days on Market:
    42
    Last Refresh:
    May 14 at 9:06 am

    Property Features for 505 Dryden Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    11
    Bathrooms
    3
    Rooms
    Basement, Bathroom 3, Bedroom 5, Bedroom 11, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bedroom 10, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 9, Bathroom 2
    Interior features
    NaturalWoodwork
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    500700-064-000-0006-003-000-0000
    Size
    4,318 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    23836

    Utilities

    Heating system
    Natural Gas, Zoned, Baseboard, Hot Water(Heating)
    Cooling system
    Zoned
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    4
    Number of units
    3
    Flooring type
    Hardwood, Laminate, Vinyl, Varies
    Building materials
    WoodSiding
    Roof type
    Asphalt
    Architectural style
    Other

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    Listing Contact
    David Wahl
    David Wahl

    Listing agent David Wahl License #10371201153

    Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY

    Listing date Apr 3, 2026

    MLS# R1670708 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

    • Prime Collegetown location with unrivaled access to Cornell University, amenities, and public transit.
    • High‑performing, turnkey multi‑family residence with a consistent 100% occupancy rate.
    • Exceptional investment opportunity with steadily increasing gross revenues.
    • Eight coveted off‑street parking spaces.
    • Generous lot size.
    • Multiple rental units suitable for students and professionals.

    Overview

    Located in the heart of Collegetown, the multi-family residence at 505 Dryden Road is ideally positioned for students and professionals. This high-performing asset features multiple rental units and sits on a generous lot with eight off-street parking spaces. The property has a consistent 100% occupancy rate and steadily increasing gross revenues. Its prime location offers tenants access to the Cornell University campus, local amenities, and public transit. The property size is 4318 square feet and the lot size is 0.02 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.479752
    Latitude
    42.440924

    FAQs

    What type of property is this?
    Triplex - Premier multi-family residence in Collegetown, near Cornell University.
    Where is this triplex located?
    The property is located at 505 Dryden Road Ithaca, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Prime Collegetown location with unrivaled access to Cornell University, amenities, and public transit.; High‑performing, turnkey multi‑family residence with a consistent 100% occupancy rate.; Exceptional investment opportunity with steadily increasing gross revenues.
    More about this property
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