Nicely updated two-family home just 5 minutes from Cornell and Ithaca College, set well back from the road on nearly an acre. The upper-level main residence features a stylish kitchen with dining area, a large living room with partially vaulted ceilings and sliding doors to a private deck, patio and backyard. The generously sized bedroom also features vaulted ceilings and connects to a large bathroom accessible from the living area. A private office and in-unit laundry complete this inviting space. The lower-level 1-bedroom apartment, also with its own laundry, has been occupied by the same tenant for five years and generates $1,500 per month in rental income. A great opportunity to offset ownership costs or rent both units as an investment. Outside, the expansive open backyard offers plenty of room for gardening, entertaining and recreation, along with a large shed and a backdrop of mature trees and woods. Ample parking and turnaround space in the driveway add to the appeal of this versatile property, offering income potential, lovely natural surroundings and convenient access to Ithaca and all its amenities.
Single-familyProperty Type
1930Year Built
0.84 acresLot Size
$213Price/Sq.Ft.
Listing by Karen Eldredge• Howard Hanna S Tier Inc
Nicely updated two-family home just 5 minutes from Cornell and Ithaca College, set well back from the road on nearly an acre. The upper-level main residence features a stylish kitchen with dining area, a large living room with partially vaulted ceilings and sliding doors to a private deck, patio and backyard. The generously sized bedroom also features vaulted ceilings and connects to a large bathroom accessible from the living area. A private office and in-unit laundry complete this inviting space. The lower-level 1-bedroom apartment, also with its own laundry, has been occupied by the same tenant for five years and generates $1,500 per month in rental income. A great opportunity to offset ownership costs or rent both units as an investment. Outside, the expansive open backyard offers plenty of room for gardening, entertaining and recreation, along with a large shed and a backdrop of mature trees and woods. Ample parking and turnaround space in the driveway add to the appeal of this versatile property, offering income potential, lovely natural surroundings and convenient access to Ithaca and all its amenities.
IBRMLS #R1727407
Nov 6, 2026
Listed
$310,000
$213/sq ft
IBRMLS #403864
Jun 4, 2021
Sold
$240,000
$165/sq ft
Mar 8, 2021
Listed
$235,000
$162/sq ft
+44
Pleasantly updated 2 family home sited on just under an acre with a sprawling open yard, woods and a quick 5 minute drive to Cornell and Ithaca. Upper unit is ideal for owner occupied with a new stylish kitchen, spacious rooms, vaulted ceilings, new flooring, large bath, laundry and private deck Perfect for 1st time buyer or grad student with the rent from the lower unit covering taxes and other expenses. Great rental location being close to campus and town. Updated roof, siding and windows, more. Each unit has its own laundry. Deep lot out the back door with a pave stone patio and a firepit for summer nights. Large lawn for gardens, dogs, chickens or just something to mow. Property goes into woods as well. 2 gas meters and 2 electric meters and cable for high speed. Good starter home that can be used as a rental property down the road.
IBRMLS #IB403864
Jun 4, 2021
Sold
$240,000
$165/sq ft
Mar 8, 2021
Listed
$235,000
$162/sq ft
Public Records
Nov 2, 2020
Sold
$390,000
$268/sq ft
IBRMLS #IB317047
Aug 27, 2019
Sold
$200,000
$138/sq ft
May 22, 2019
Listed
$208,800
$144/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,079
$24,700 + $255,300
$280,000
2025
$7,079 (+1.3%)
$24,700 + $255,300
$280,000
2024
$6,991 (−0.3%)
$24,700 + $255,300
$280,000
2023
$7,013 (+4.2%)
$24,700 + $230,300
$255,000
2022
$6,727 (+20.0%)
$24,700 + $215,300
$240,000
2021
$5,606 (−2.1%)
$24,700 + $175,300
$200,000
2020
$5,728 (−83.7%)
$24,700 + $175,300
$200,000
2019
$35,103 (+117.0%)
$24,700 + $175,300
$200,000
2018
$16,177 (+216.0%)
$24,700 + $175,300
$200,000
2017
$5,118 (−0.9%)
$24,700 + $175,300
$200,000
2016
$5,164 (+4.4%)
$19,900 + $180,100
$200,000
2015
$4,948 (−82.0%)
$19,900 + $180,100
$200,000
2014
$27,450
$19,900 + $170,100
$190,000
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.84 Acres
Year renovated
—
Finished Sq. Ft.
1,454
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,454
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Tompkins County
APN
502489A07200000020010000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
NR
Neighborhood Residential District
The purpose of the Neighborhood Residential (NR) District is to define areas of the Town where established neighborhoods are situated in a rural landscape and constitute the primary land use. Single-family homes are the predominant form of development, and future development is unlikely. Home occupations are the primary commercial activity in this district. Agriculture is an allowed use in this district.
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 93° expected this year, 15 days in 30 years
1/10 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
Ithaca, NY • 14850
Average low and high temperatures (°F)
31
20
35
20
53
31
62
40
68
47
81
59
85
64
81
58
77
53
63
43
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Ithaca. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1848 Slaterville Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $239,000 and $360,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $239K to $360K.