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$1,100,000
31 Days On Site

505 Dryden Road
Ithaca City, NY 14850

For Sale|Multi Family|Active
11
Beds
3
Total Baths
3
Full Baths
4,318
SqFt
$255
/SqFt
1900
Built
County:
Tompkins
505 Dryden Road505 Dryden Road505 Dryden Road505 Dryden Road
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Monthly Payment (Est.)

$5,019
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,100,000
Days On Site 
31 Days
Bedrooms 
11
Inside Area (SqFt) 
4,318 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.02 Acres
Year Built 
1900
MLS® Number 
R1626678
Status 
Active
Property Tax 
$23,836
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.02
Foundation 
Stone
Number Of Stories 
4
Parking 
OtherSee Remarks
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
4318
Style 
Triplex
Utilities 
Sewer ConnectedWater ConnectedCable Available
Water Source 
Public
Zoning 
Residential Multi Use
Interior Features
Appliances 
Gas Water Heater
Basement 
FullPartially Finished
Cooling 
Zoned
Electric 
Circuit Breakers
Flooring 
HardwoodLaminateVariesVinyl
Furnished 
Furnished
Heating 
ZonedBaseboardHot Water
Interior 
Natural Woodwork
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Near Public TransitRectangular Lot
Road Frontage 
City Street
Roof 
Asphalt
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Ithaca-City-500700
School District 
Ithaca
Township 
Not Applicable
Schools
School District
Ithaca
Elementary School
Belle Sherman
Middle School
Dewitt Middle
High School
Ithaca Senior High
Listing courtesy of David Wahl of Warren Real Estate of Ithaca Inc. (Downtown)

Listing information is provided by Participants of the Ithaca Board of REALTORS®. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Ithaca Board of REALTORS®
Last checked 2025-09-03 10:39 AM UTC

Neighborhood & Commute
Source: Walkscore
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