Four-Unit Residential Income
For Sale
$549,000
525 GREEN ST, Ithaca, NY 14850
Well-maintained quadplex with new roof, updated interiors, separate gas and electric utilities, and four currently rented units.
Property Size4,210 SF
Price / SF$130.40
Days on Market262
Property Features for 525 GREEN ST
General Information
Standard status
Active
Size
4,210 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Fenced Yard
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$15,379
Amenities
basement laundry area
storage
fenced yard
Gas, A/C - Other
Walkup, Full
3
Hardwood, Vinyl, Laminate
Other
Internet Connection
Metal
Full, Partial
Fenced Yard.
Shared Driveway, Concrete Driveway, Unpaved.
Stucco, Aluminum
Irregular
38X204
Private Yard. City Road, Irregular.
Building Details
Year Built
1975
Tenancy
Multi
Listing Agency:
Howard Hanna S Tier Inc
(607) 220-6050
Listed By:
Jennifer Wansink
(607) 220-6050
Source:
Xome
Added: Dec 2, 2025
Changed: Aug 12
Last Checked: Aug 21 at 5:03AM
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 Howard Hanna S Tier Inc
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income property (quadplex) is fully rented and generates reported annual revenue of $66,000. Improvements include a new metal roof, new flooring, and fresh interior paint, along with updated mechanicals. Each unit includes a generously sized bedroom(s), a functional kitchen, and living spaces designed for comfortable day-to-day living. Practical onsite features include separate gas and electric utilities, a basement laundry area, ample storage, and a fenced private yard.
Located in downtown Ithaca, the property is described as just steps from the Route 13 shopping corridor, with nearby restaurants, shops, and cultural attractions. Off-street parking for approximately 3–4 vehicles is also included.
The layout supports straightforward day-to-day management with individual utility service and dedicated indoor laundry space in the basement. With all four units currently occupied, the property offers immediate rental income as presented in the listing.
Located in downtown Ithaca, the property is described as just steps from the Route 13 shopping corridor, with nearby restaurants, shops, and cultural attractions. Off-street parking for approximately 3–4 vehicles is also included.
The layout supports straightforward day-to-day management with individual utility service and dedicated indoor laundry space in the basement. With all four units currently occupied, the property offers immediate rental income as presented in the listing.
Key Highlights
- Four‑unit quadplex with $66,000 annual revenue; all four units are currently rented.
- New metal roof and updated interiors including fresh interior paint and new flooring.
- Separate gas and electric utilities with updated mechanicals for each unit.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,776
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex with new roof, updated interiors, separate gas and electric utilities, and four currently rented units.
Where is this quadplex located?
The property is located at 525 GREEN ST Ithaca, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Four‑unit quadplex with $66,000 annual revenue; all four units are currently rented.; New metal roof and updated interiors including fresh interior paint and new flooring.; Separate gas and electric utilities with updated mechanicals for each unit.
