About This Home

This 6-bedroom, 4-bathroom residential multi family at 327 Coddington Road in Ithaca, NY is listed for $499,900 ($123 per sqft). Built in 1945, the home offers 4,056 sqft of living space on a 0.84 acres lot.

Key Features

  • Built in 1945
  • 0.84 acre lot
  • Fireplace

Property Details

1 story
4 full
1945

Amenities

FireplaceA/C
Listing Description

The Ultimate HOUSE-HACK - Live in one unit, let the other pay your mortgage. Owner-occupy the 1st-floor unit and collect $4,050/mo from the other three - at residential mortgage rates, not investment rates. Rents from the 2nd floor ($1,550), basement ($1,200), and detached bungalow ($1,300) offset most or all of your living expense.

The owner's unit is like a private home not an apartment, featuring a spacious kitchen with maple cabinetry, granite countertops, and a breakfast bar, an inviting living room centered around a classic brick fireplace, a sun-filled bonus room perfect for a home office or reading nook, and direct access to an expansive covered patio.

Two tenants are secured through July 2027, providing dependable long-term income, while the first-floor unit and lower-level apartment offer immediate flexibility for an owner-occupant. This property is being sold As-Is, eliminating negotiation friction and accelerating your path to closing.

To make your transaction seamless, professional home inspections and radon tests have already been completed for both structures. The reports are available for review, allowing you to bypass the usual multi-week inspection delays and secure your financing with total clarity. Heat, water/sewer, and trash are currently landlord-maintained on two building-level meters - a new owner may choose to separate utilities. Stop renting. Start building equity.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

327 Coddington Road

Ithaca, NY 14850

Features & Amenities

Interior Features

SlidingGlassDoorsNaturalWoodwork

Exterior Features

Balcony

Property Details

Flooring

CarpetVariesVinylLaminate

Construction

Frame

Outdoor Features

Porch

Heating

ZonedElectric (Heating)Natural GasBaseboard

Cooling

Zoned

Appliances

ElectricWaterHeaterGasWaterHeater

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 327 Coddington Road is listed at $499,900 ($123/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.84 acre lot, Fireplace. Interior Features: SlidingGlassDoors, NaturalWoodwork. Exterior Features: Balcony.

This property is listed by Lindsay Hart and can be reached at 6072275990.

LH

Lindsay Hart

License 10491209901

Agent at RE/MAX In Motion

(607) 227-5990
Agent website

Listed by RE/MAX In Motion · Broker phone: (607) 277-1500 · View on Broker Site · Broker website

MLS# R1694420· Source: New York State Alliance of MLSs, LLC· 74 days on PropertySimple

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.

327 Coddington Road, Ithaca, NY 14850

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