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    Triplex

    Ithaca, NY Triplexes for Sale

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    Income-Generating Triplex Opportunity
    Updated: Sep 6, 2025
    Income-Generating Triplex Opportunity

    316 W SENECA ST, Ithaca, NY 14850

    $469,900
    2,747 sqft
    3‑unit triplex with all three units currently occupied and rented through July 31
    Certificate of occupancy is valid through Sept 2026
    Income includes gross income of $55,920 and net operating income over $36,000
    Heating and cooling: gas heating; gas cooling with window A/C units provided in each bedroom and the living room of the 3BR upstairs unit
    Updates include a new boiler (3 years ago) and a new hot water heater (last year); main roof replaced/redone in April 2014
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    This listing looks promising.

    Here's a quick look at some key insights for

    316 W SENECA ST, ITHACA, NY 14850

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $519K
      Above asking

    • Property Type

      Triplex
      Built 1860
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    3-Unit Triplex with Garages
    Updated: Jun 2
    3-Unit Triplex with Garages

    719 Hayts Road, Ithaca, NY 14850

    $675,000
    3,265 sqft 2.99 AC lot
    3‑unit property with 6 bedrooms and 5 bathrooms
    2.99‑acre site in the Trumansburg School District
    3265 square feet of residential space
    Built in 2019
    Two units have 2 bedrooms and 2 full bathrooms; middle unit has 2 bedrooms and 1 bathroom
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    Triplex with Eight Off-Street Parking Spaces
    Triplex with Eight Off-Street Parking Spaces

    505 Dryden Road, Ithaca, NY 14850

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

    Triplex on a small lot with eight off-street parking spaces, public water, zoned heating and cooling, and an asphalt roof.

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    8-Bedroom Triplex with Zoned HVAC
    8-Bedroom Triplex with Zoned HVAC

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft 0.16 AC lot

    Triplex residence with eight bedrooms and four bathrooms, zoned heating and cooling, plus public water at 411 Dryden Road.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with Deck and Porch
    Triplex with Deck and Porch

    708 E Seneca Street, Ithaca, NY 14850

    $925,000
    3,266 sqft

    Triplex built in 1913 with a spacious backyard, deck, front porch, driveway parking, and flexible 4- and 3-bedroom layout.

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    Three-Unit Property with Owner Residence
    Three-Unit Property with Owner Residence

    524 Hayts Road, Ithaca, NY 14850

    $355,000
    2,678 sqft 7.00 AC lot

    Owner residence accompanies an occupied one-bedroom apartment and studio, creating a flexible residential income configuration.

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    Triplex with Tile Roof
    Triplex with Tile Roof

    410 Stewart Avenue, Ithaca, NY 14850

    $1,150,000
    3,997 sqft 0.05 AC lot

    Triplex offering 15 bedrooms, 3 bathrooms, and parking for 7 vehicles in a 3,997 SF building.

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    Residential Income Duplex and Triplex
    Residential Income Duplex and Triplex

    301 Cornell St, Ithaca, NY 14850

    Contact for pricing

    Two buildings on one lot with furnished units, on-premises laundry, storage, and a total of nine parking spaces.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex Property with Flexible Layout
    Triplex Property with Flexible Layout

    20 Reynolds Avenue, Cortland, NY 13045

    $234,900
    2,900 sqft 0.21 AC lot

    Near SUNY Cortland, the property offers adaptable residential space with multiple bedrooms and bathrooms.

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    Three-Unit Apartment Property
    Three-Unit Apartment Property

    146 Tompkins Street, Cortland, NY 13045

    $289,000
    3,627 sqft 0.19 AC lot

    Three separate apartments offer nine bedrooms, shared basement laundry, and parking on both sides of the house.

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    Triplex With Detached Accessory Unit
    Triplex With Detached Accessory Unit

    824 Spencer Road, Candor, NY 13743

    $299,999
    1,778 sqft 0.75 AC lot

    Triplex with three kitchens, three full baths, first-floor laundry, and separate utilities with three electric meters.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    824 Spencer Road, Candor, NY 13743

    $299,999

    Three-unit residential income property with three full kitchens, three full baths, and separate utilities.

    View details

    Ithaca, NY Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Ithaca, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 24,554 square feet of properties for sale, with an estimated market value of $5,569,900.

    Sale prices for three-family homes in Ithaca, NY start at $355,000, averaging $795,700, and reaching up to $1,150,000 — 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

    Duplexes 26
    Apartment buildings 15
    Triplexes 9
    Quadplexes 6
    Mobile home & RV parks 1

    Demographics Overview

    Population 73K
    Population Growth (5Y) -2.9%
    Median Household Income $71,184
    College Educated 58.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    14850 $800K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $21.37 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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