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Sold on 12/29/2023
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326 E Falls St, Ithaca, NY 14850

  • $386,000

    Last sold 12/29/2023 for $345K

  • 12

    bed

  • 6

    bath

  • 2,676

    Sqft ($129/Sqft)

Multi-family not for sale
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About 326 E Falls St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 2,592 Sqft
Movoto estimate
Property description
Three-unit downtown Ithaca across from Ithaca Falls, on bus route and walking distance to Cornell. First floor -apartment #1: large living room with unique windows, 2 bedrooms, kitchen, updated bathroom, enclosed porch. Rent was $1,305/mo. Second floor-apartment #2: large living room, 3 bedrooms, kitchen, bathroom, enclosed porch. Rent was $1,365/mo.Third floor- apartment #3: kitchen, bath, dining, large living room, 1 bedroom. Rent was$990/mo. Owner pays utitliies. No separate meters. Sold as-is. Seller will not repair.
Listed by
Listing Agent - Loueen Rosenbush
Listing Agent Contact: 607-592-7400
Listing Office - Berkshire Hathaway CNY Realty
Source: NYSAMLS’s mls logo
MLS#S1504137 • last updated 2 months ago
Movoto checked NYSAMLS’s for data 5 minutes ago
Overview
Heating Gas, ForcedAir
Levels/Style Other, SeeRemarks, Triplex
Virtual Tour N/A
MLS # S1504137
SqFt 2676
SubType Multi Family
Status Closed
Lot Size (SqFt) 2592
Lot Size (Acres) 0.0595
Property Tax 10341
Tax Assessed Value 300000
Condition Resale, Fixer
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 12
Basement CrawlSpace, Full
Flooring Carpet, Other, SeeRemarks, Varies, Vinyl
Interior Features Natural Woodwork
Exterior
Foundation Block
Roof Asphalt
Construction CompositeSiding, WoodSiding
Parking No Driveway
Lot Desc CornerLot, Other, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot, SeeRemarks
Amenities / Utilities
Appliances Gas Water Heater
Utilities HighSpeedInternetAvailable, SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Security Features Fire Escape
Location
Waterfront Other, RiverAccess, SeeRemarks, Stream
Body of Water Fall Creek
Subdivision Section 12
Elementary School Fall Creek Elementary
Middle School Boynton Middle
High School District Ithaca
High School Ithaca Senior High
APN 500700-012-000-0002-004-000-0000
Directions Corner Of Lake St And E Falls St Across From Ithaca Falls. Parking Across The Street.
Multifamily Details
Owner Pays Electricity, Gas, GroundsCare, Heat, HotWater, SnowRemoval, TrashCollection, Water
# of Separate Electric Meters 1
# of Separate Gas Meters 1
Net Operating Income 33579
Operating Expense Includes MaintenanceStructure, Utilities, WaterSewer
Gross Annual Income 43920
Lot/ Land Details
Road Frontage City Street
$386K
Range: $347K-$424K
Last 30 days 
  • Dec 2023
    mls logo MLS # S1504137
  • Dec 29, 2023 Sold
    $345,000 (-19.7%)
  • Oct 23, 2023 Pending
    —
  • Oct 12, 2023 Listed
    $429,900
  • 326 E Falls St
    $345K
  • Fall Creek
    $424K +21% y/y
  • 14850
    $429K +22% y/y
  • Ithaca
    $424K +9% y/y
No chart available
Statistics calculated by Movoto

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6/10
Fall Creek Elementary School
public Grades PK, K-5
Ithaca City School District
5/10
Boynton Middle School
public Grades 6-8
Ithaca City School District
8/10
Ithaca Senior High School
public Grades 9-12
Ithaca City School District
Source: GreatSchools.org © 2026. All rights reserved.

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