NEW 13 HRS AGO

For sale

$315,000

Est. $2,453/mo —

•

1,920

sq ft

609 Spencer Rd, Ithaca, NY 14850

About this home

Well-maintained and fully rented duplex offering an excellent opportunity for investors looking for income-producing property in Ithaca. The lower unit offers 2 bedrooms and 1 full bath while the upstairs unit features 3 bedrooms and 1 full bath, along with a balcony for added outdoor space. Each unit has their own laundry, a welcome addition for tenants. The roof was replaced approximately two years ago, providing an important recent capital improvement. Conveniently located on Spencer Road with easy access to bus routes as well as downtown Ithaca and the Colleges, 609 Spencer Road is a solid opportunity to add a well-positioned, income-producing property to your portfolio. Can be purchased as a bundle with 536 Spencer Rd MLS R1709839.

Multi-familyProperty Type

1986Year Built

0.35 acresLot Size

$164Price/Sq.Ft.

Listing by Trisha Shore • Howard Hanna S Tier Inc

Contact: 607-592-7283

Listing updated: Sep 3, 2026 at 08:39am

Redfin checked: 3 minutes ago

•Source:IBRMLS #R1709841

Payment calculator

$2,453 per month

Principal and interest$1,655

Property taxes

$753

HOA dues

Home insurance

$45

Utilities

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Next available tour time: Saturday

Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

South Hill School

Public PreK-5 • Assigned • 1.4mi

9/10

Ithaca Senior High School

Public 9-12 • Assigned • 2.4mi

9/10

Provided by GreatSchools

About Spencer

Road

Spencer Road, located between Cayuga Heights Road and Triphammer Road, is a residential and hillside Ithaca neighborhood with wooded slopes and winding lanes. The neighborhood’s character concentrates around the Triphammer Road corridor near Community Corners, where a compact cluster of local shops and everyday errands sets a steady, lived-in rhythm. Community Corners anchors the area with Ithaca Bakery, the Cayuga Chamber Orchestra, and the historic Community School of Music and Arts. Homes lean toward mid-century and late-20th-century builds, often set back behind mature trees. Side streets feel quiet, while nearby trails and parks shape an outdoors-forward routine. The terrain brings pockets of long views and a tucked-away feel without losing connection to town.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Electric water heater
Full finished basement

Bathrooms
2 full bathrooms

Flooring
Ceramic tile
Laminate
Tile
Varied flooring

Heating & cooling
Electric baseboard heating

Sale and tax history for 609 Spencer Rd

Sale History
Tax History

Date

Event

Price

IBRMLS #R1709841

Sep 3, 2026

Listed

$315,000

$164/sq ft

Public Records

Apr 18, 2024

Sold

$530,000

$276/sq ft

Public Records

Oct 15, 2021

Sold

$250,000

$130/sq ft

Public Records

Oct 1, 2021

Sold

$242,500

$126/sq ft

IBRMLS #403790

May 28, 2021

Sold

$242,500

$126/sq ft

Feb 25, 2021

Listed

$275,000

$143/sq ft

This is the perfect opportunity to own a duplex in the heart of downtown Ithaca! Tucked away on a quiet road, this beautiful, private, wooded property is a rare find! Conveniently located near the Route 13 business district, while providing privacy, serenity, and a lushly wooded feel. Ideal for owner-occupied or embrace this reliable investment opportunity. Each unit includes 1 full bath, kitchen, open living/dining room, and washer/dryer hookups. Downstairs has 2 bedrooms and picturesque window in the sunlit living room overlooking covered porch. Upstairs has 3 bedrooms, laundry room, and covered balcony with alluring views. Buttermilk Falls State Park hiking trails just up the hill of the back yard. Nearly 2 miles to Ithaca Farmers Market and less than 2 miles to the Ithaca Commons. Don't miss this golden opportunity! Currently rented to wonderful long-term tenants. Income & Expense Statement available. OPEN HOUSE 3/21 from 1-4pm. .. must have confirmed appointment with listing agent.

IBRMLS #IB403790

May 28, 2021

Sold

$242,500

$126/sq ft

Feb 25, 2021

Listed

$275,000

$143/sq ft

IBRMLS #IB308518

Jan 24, 2017

Listed

$254,900

$133/sq ft

Public Records

Mar 14, 2014

Sold

$188,175

$98/sq ft

IBRMLS #IB138980

Mar 13, 2014

Sold

$187,000

$97/sq ft

Jul 2, 2013

Listed

$189,000

$98/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,779

$50,900 + $229,100

$280,000

2025

$5,779 (+2.3%)

$50,900 + $229,100

$280,000

2024

$5,650 (−3.4%)

$50,900 + $229,100

$280,000

2023

$5,846 (−31.3%)

$50,900 + $213,100

$264,000

2022

$8,513 (+12.6%)

$50,900 + $189,100

$240,000

2021

$7,559 (+58.4%)

$50,900 + $174,100

$225,000

2020

$4,773 (+12.4%)

$50,900 + $174,100

$225,000

2019

$4,247 (−0.8%)

$50,900 + $149,100

$200,000

2018

$4,282 (+6.1%)

$50,900 + $149,100

$200,000

2017

$4,036 (−1.0%)

$50,900 + $149,100

$200,000

2016

$4,075 (+18.8%)

$21,000 + $164,000

$185,000

2015

$3,431 (−46.8%)

$21,000 + $164,000

$185,000

2014

$6,455

$21,000 + $134,000

$155,000

Public record

Beds

Baths

Stories

Lot width

135 ft.

Lot depth

112 ft.

Lot size

0.35 Acres

Year renovated

—

Finished Sq. Ft.

1,920

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,920

Year built

1986

Style

Multi-Family (2-4 Unit)

County

Tompkins County

APN

500700A12900000020020010000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Climate risks

7/10 Flood Factor

Estimated 71-79% chance 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

3/10 Heat Factor

8 days above 93° expected this year, 17 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

61/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.6 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 609 Spencer Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $245,000 and $447,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $245K to $447K.

SOLD MAR 20, 2026
$313,650 Last sold price
4 beds2 baths2,082 sq ft
121 Cleveland Ave, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc. (Downtown)
$13/sq ft
smaller lot
86 years older
SOLD JUN 25, 2026
$365,000 Last sold price
3 beds2 baths1,700 sq ft
127 Hyers St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$51/sq ft
larger lot
76 years older
SOLD AUG 7, 2026
$447,000 Last sold price
4 beds2 baths2,008 sq ft
313 Center St, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$59/sq ft
smaller lot
86 years older
SOLD MAY 27, 2026
$285,000 Last sold price
3 beds1 bath1,090 sq ft
121 Coy Glen Rd, Ithaca, NY 14850
Listing by Warren Real Estate of Ithaca Inc.
$97/sq ft
smaller lot
26 years older
SOLD JAN 13, 2026
$342,200 Last sold price
4 beds2 baths1,864 sq ft
517 W Buffalo St, Ithaca, NY 14850
Listing by Howard Hanna S Tier Inc
$20/sq ft
smaller lot
126 years older
SOLD JUN 23, 2026
$245,000 Last sold price
3 beds2 baths2,118 sq ft
338 Spencer Rd, Ithaca, NY 14850
Listing by RE/MAX In Motion
$48/sq ft
larger lot
136 years older