505 Dryden Road, Ithaca, NY 14850
Local realty services provided by:ERA Team VP Real Estate



505 Dryden Road,Ithaca, NY 14850
$1,100,000
- 11 Beds
- 3 Baths
- 4,318 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Mon, Aug 1809:00 am - 11:00 am
Listed by:david wahl
Office:warren real estate of ithaca inc. (downtown)
MLS#:R1626678
Source:NY_GENRIS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$254.75
About this home
Nestled in the vibrant heart of Collegetown, this exceptional multi-family property presents a rare opportunity for investors and Cornell University affiliates alike. Featuring an impressive 11 bedrooms and 3 bathrooms, this spacious residence offers tremendous potential for rental income in one of Ithaca's most sought-after locations. Just steps away from GreenStar Food Co op, residents enjoy convenient access to fresh, local groceries without the hassle of a long commute. Nature enthusiasts will appreciate being less than a 10-minute walk from Six Mile Creek Natural Area, where scenic trails and peaceful waterways provide the perfect escape from academic pressures. The property's prime location places Cornell University's campus within easy reach—ideal for students, faculty, and staff looking to minimize their daily commute. Meanwhile, East Hill Plaza offers nearby shopping amenities for everyday needs. This well-positioned investment property combines the perfect blend of accessibility to campus life while maintaining enough distance to ensure peaceful living. The spacious layout accommodates multiple residents comfortably, with common areas that encourage community while private bedrooms offer necessary quiet spaces for studying. Property provides strong returns in Ithaca's robust rental market. With Cornell's consistent demand for quality off-campus housing, this property represents not just a purchase but a strategic investment in one of America's most stable college town markets. Ready to expand your real estate portfolio with this exceptional multi-family opportunity? Contact us today to schedule a viewing!
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Home facts
- Year built:1900
- Listing Id #:R1626678
- Added:192 day(s) ago
- Updated:August 15, 2025 at 03:05 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:3
- Full bathrooms:3
- Living area:4,318 sq. ft.
Heating and cooling
- Cooling:Zoned
- Heating:Baseboard, Gas, Hot Water, Zoned
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:4,318 sq. ft.
Schools
- High school:Ithaca Senior High
- Middle school:Dewitt Middle
- Elementary school:Belle Sherman
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$254.75
- Tax amount:$23,836
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