For sale

$379,000

Est. $2,811/mo —

•

2,739

sq ft

193-195 Upper Creek Rd, Freeville, NY 13068

About this home

Two detached homes on one lot. Turnkey, high-yield two-unit investment property. Both with income continuity generating a total of $4,200/month ($50,400 Gross Annual Income). Gross Rent Multiplier (GRM) of just 7.5. Both units feature 3 bedrooms and 1 bathroom. The properties are individually metered, tenants responsible for their own heat, electricity, and utilities. Many updated features including new roof, siding, flooring and appliances through. Established tenants are in place running throughout May 2027 and July 2027, offering immediate cash flow. Located within close proximity to Ithaca, Cornell University, and Ithaca College, ensuring a consistent local rental pool. Tax records state 1.63 acres. The seller and recent survey shows total area 1.8 acres.

Multi-familyProperty Type

1940Year Built

1.65 acresLot Size

$138Price/Sq.Ft.

2 car garageParking

Listing by Jonathan Minerick • Homecoin.com

•888-400-2513 (broker)

•info@homecoin.com (broker)

Contact: 888-400-2513

Listing updated: Sep 19, 2026 at 02:00pm

Redfin checked: a minute ago

•Source:WNYREIS #B1714561

Payment calculator

$2,811 per month

Principal and interest$2,120

Property taxes

$641

HOA dues

Home insurance

$51

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Freeville Elementary School

Public K-3 • Assigned • 1.7mi

5/10

Dryden Middle School

Public 6-8 • Assigned • 3.2mi

5/10

Dryden High School

Public 9-12 • Assigned • 3.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

193-195 Upper Creek Rd · $379,000

Strong offer

$379K and above

75% chance or better to win

Why $379K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 32 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Full walk-out basement
Electric water heater

Bedrooms
Two 3-bedroom units (each unit has 3 bedrooms)

Bathrooms
Each unit has 1 full bathroom (two full bathrooms total)

Kitchen
Dishwasher
Oven/Range
Refrigerator

Laundry & utility
Washer
Dryer

Flooring
Carpet
Hardwood
Vinyl
Varies

Heating & cooling
Electric and propane heating
Baseboard heating
Forced air

Sale and tax history for 193-195 Upper Creek Rd

Sale History
Tax History

Date

Event

Price

WNYREIS #B1714561

Sep 16, 2026

Listed

$379,000

$138/sq ft

Public Records

Mar 9, 2015

Sold

$179,900

$66/sq ft

IBRMLS #126581

Jan 13, 2009

Sold

$165,000

$60/sq ft

Apr 10, 2008

Listed

$199,000

$73/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$7,576

$24,900 + $245,100

$270,000

2025

$7,576 (+0.9%)

$24,900 + $245,100

$270,000

2024

$7,508 (+20.5%)

$24,900 + $245,100

$270,000

2023

$6,229 (+1.1%)

$24,900 + $173,100

$198,000

2022

$6,161 (+3.7%)

$24,900 + $164,100

$189,000

2021

$5,939 (−2.0%)

$24,900 + $155,100

$180,000

2020

$6,057 (+0.2%)

$24,900 + $155,100

$180,000

2019

$6,043 (+5.6%)

$24,900 + $155,100

$180,000

2018

$5,723 (+1.2%)

$24,900 + $155,100

$180,000

2017

$5,657

$4,900 + $165,100

$170,000

2016

$5,662 (−0.8%)

$21,500 + $148,500

$170,000

2015

$5,706 (+56.6%)

$21,500 + $148,500

$170,000

2014

$3,644

$21,500 + $148,500

$170,000

Public record

Public record
Zoning

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

1.65 Acres

Year renovated

—

Finished Sq. Ft.

1,083

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,083

Year built

1940

Style

Other

County

Tompkins County

APN

502489A04000000010450020000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Rural Residential District

The purpose of the Rural Residential (RR) District is to define an area of the Town where residential uses situated in a rural landscape constitute the primary land use. Public water and sewer does not exist in this area. Single- and two-family homes are the predominant form of development. Agriculture is also expected to be a substantial land use well into the future.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 92° expected this year, 16 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Freeville, NY • 13068

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 193-195 Upper Creek Rd

$369,580

$9,420 under list price of $379K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $347K to $635K.

SOLD JUL 10, 2026
$390,000 Last sold price
4 beds2 baths2,060 sq ft
108 Northway Rd, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$51/sq ft
smaller lot
24 years newer
SOLD AUG 13, 2026
$347,000 Last sold price
3 beds3.5 baths2,272 sq ft
65 Sunset West Cir, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$15/sq ft
31 years newer
SOLD JUN 23, 2026
$622,000 Last sold price
4 beds2.5 baths2,825 sq ft
21 Lone Oak Rd, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$82/sq ft
38 years newer
SOLD AUG 27, 2026
$635,000 Last sold price
3 beds3 baths2,204 sq ft
13 Leifs Way, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$150/sq ft
smaller lot
59 years newer
SOLD AUG 3, 2026
$416,000 Last sold price
3 beds2.5 baths2,045 sq ft
33 Etna Rd, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$65/sq ft
larger lot
40 years older
SOLD JUN 24, 2026
$380,000 Last sold price
3 beds2 baths2,789 sq ft
1731 Hanshaw Rd, Ithaca, NY 14850
Listing by Howard Hanna S Tier Inc
$2/sq ft
smaller lot
22 years newer

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