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    Top and Bottom Duplex
    Updated: Jul 24
    Top and Bottom Duplex

    158 Troy Road, Ithaca, NY 14850

    $449,000
    2,981 sqft 0.99 AC lot
    Spacious top‑and‑bottom duplex in Ithaca’s South Hill neighborhood
    Each unit offers 3 bedrooms and 1.5 baths with a functional layout
    Year built: 1988
    Public water service
    Upper unit updates: new carpet and LVP as of 2026
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    This listing looks promising.

    Here's a quick look at some key insights for

    158 Troy Road, Ithaca, NY 14850

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $564K
      Above asking
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    Four-Unit Residential Income Property
    Updated: Jul 6
    Four-Unit Residential Income Property

    327 Coddington Road, Ithaca, NY 14850

    $535,000
    4,056 sqft 0.84 AC lot
    Four‑unit property on Town of Ithaca’s South Hill with two separate buildings and valley views
    Two tenants are secured through July 2027, providing long‑term rental income
    Net rentable (SqFt): 2,838; Cap Rate: 7.63%; pro‑forma Cap Rate: 9.81%; pro‑forma NOI: $52,476
    Rents are currently structured to include heat, water, sewer, and trash removal
    Being sold As‑Is; professional home inspections and radon tests completed for both structures (reports available)
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    Multi-Family Home with Separate Apartment
    Multi-Family Home with Separate Apartment

    300 Kline Road, Ithaca, NY 14850

    $750,000
    4,685 sqft 0.76 AC lot

    Multi-level home with a main residence and a separate lower-level apartment featuring its own entrance and patio.

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    Duplex with Detached Tenant House
    Duplex with Detached Tenant House

    1115 Danby Road, Ithaca, NY 14850

    $554,000
    2,476 sqft 1.10 AC lot

    Duplex with a detached 2-story tenant house, metal roofs, and extensive parking on a private, partly wooded lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    525 W GREEN ST, Ithaca, NY 14850

    $549,000
    4,210 sqft

    Well-maintained quadplex with new roof, updated interiors, separate gas and electric utilities, and four currently rented units.

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    Multi-Family Apartment Building
    Multi-Family Apartment Building

    306 Stewart Avenue, Ithaca, NY 14850

    $995,000
    4,507 sqft 0.02 AC lot

    Apartment-style multi-family property with 14 bedrooms and 5 bathrooms and multiple kitchens.

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    3-Unit Residential Income Property
    3-Unit Residential Income Property

    719 Hayts Road, Ithaca, NY 14850

    $675,000
    3,265 sqft 2.99 AC lot

    Turnkey 3-unit setup with upgraded finishes, in-unit laundry, and strong owner-occupant flexibility in the Trumansburg School District.

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    Multi-Family Residence
    Multi-Family Residence

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft 0.16 AC lot

    Well-appointed 8-bedroom, 4-bathroom multi-family residence in Ithaca.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    158 E State St, Ithaca, NY 14850

    $1,895,000
    6,670 sqft

    Four-story mixed-use building with fully leased retail, business service, and apartment floors.

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    Duplex with Two Street Entrances
    Duplex with Two Street Entrances

    616 N Cayuga Street, Ithaca, NY 14850

    $625,000
    3,940 sqft

    Duplex built in 1890 featuring two street-front doors, separate utilities, and a finished attic space.

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    Collegetown Multi-Family Residence
    Collegetown Multi-Family Residence

    505 Dryden Road, Ithaca, NY 14850

    $1,000,000
    4,318 sqft 0.02 AC lot

    Premier multi-family residence in Collegetown, near Cornell University.

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    Income-Generating Triplex Opportunity
    Income-Generating Triplex Opportunity

    316 W SENECA ST, Ithaca, NY 14850

    $499,900
    2,747 sqft

    Three occupied units are generating rental income with a certificate of occupancy valid through Sept 2026.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    225 Snyder Hill Road, Ithaca, NY 14580

    $398,000
    2,241 sqft

    Well-maintained two-family home with separate utilities, off-street parking, and updated kitchens.

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    Five-Unit Apartment Building with Parking
    Five-Unit Apartment Building with Parking

    218 Delaware Avenue, Ithaca, NY 14850

    Contact for pricing
    5,154 sqft

    Five rental units with off-street parking and varied unit layouts totaling 19 bedrooms and two baths.

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    Architectural Apartments Near Cornell
    Architectural Apartments Near Cornell

    119 Stewart Avenue, Ithaca, NY 14850

    $1,100,000
    3,851 sqft 0.11 AC lot

    Five units near Cornell University with architectural appeal.

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    Investment Property Near Cornell Law
    Investment Property Near Cornell Law

    708 E Seneca Street, Ithaca, NY 14850

    $925,000
    3,266 sqft

    Desirable investment property with excellent rental history near Cornell.

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    Historic Seven-Unit Apartment Building
    Historic Seven-Unit Apartment Building

    210 Delaware Avenue, Ithaca, NY 14850

    Contact for pricing
    8,018 sqft

    Seven-apartment building totaling 19 bedrooms, with recent window replacements and porch repairs.

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    Ithaca Multifamily Investment Opportunity
    Ithaca Multifamily Investment Opportunity

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven units near Cornell University in Collegetown, Ithaca.

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    Four-Unit Quadplex with Radiant Heat
    Four-Unit Quadplex with Radiant Heat

    212 Linden Avenue, Ithaca, NY 14850

    Contact for pricing
    4,656 sqft

    Quadplex features floor radiant heat, a central stairwell, and three apartment entry doors, with tenant-paid parking.

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    Side-by-Side Duplex with Porches
    Side-by-Side Duplex with Porches

    911-11.5 N Cayuga Street, Ithaca, NY 14850

    $495,000
    1,860 sqft 0.13 AC lot

    A side-by-side duplex with two front porches, each offering main-floor living and dining plus three upstairs bedrooms.

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    24-Bedroom Apartment Building
    24-Bedroom Apartment Building

    116 FERRIS PL, Ithaca, NY 14850

    Contact for pricing
    8,902 sqft

    Large multifamily building offers multiple apartment layouts, including several 1- to 5-bedroom units.

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    Ithaca Two-Family Investment Property
    Ithaca Two-Family Investment Property

    9 Sanctuary Drive, Ithaca, NY 14850

    $750,000
    3,597 sqft 0.34 AC lot

    Well-maintained two-family property in Ithaca's desirable Northeast neighborhood.

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    Multifamily Investment with Garage
    Multifamily Investment with Garage

    408-12 Hillview Place, Ithaca, NY 14850

    Contact for pricing
    5,954 sqft

    Three multifamily buildings on one tax parcel offer 16 bedrooms and off-street parking plus a five-bay garage.

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    Unique Duplex in Desirable Location
    Unique Duplex in Desirable Location

    134 Poole Road, Ithaca, NY 14850

    $395,000
    2,110 sqft 1.40 AC lot

    Two-unit property with modern amenities and investment potential.

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    Lansing, NY Multifamily Properties Market Trends and Statistics

    Explore 56 multifamily properties for sale in Lansing, NY, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 252,125 square feet of properties for sale, with an estimated market value of $35,739,800.

    Sale prices for multifamily properties in Lansing, NY start at $250,000, averaging $965,940, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 4,193
    Population Growth (5Y) +3.0%
    Median Household Income $94,886
    College Educated 73.6%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14882 $350K

    Taxes & Financing

    Tax Rate (average for all types) 0.62%
    Property Tax per SF $31.19 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lansing, NY

    • 14850
    • 14580
    • 14882

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