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506 E Seneca St, Ithaca, NY, 14850

3beds
0baths
4,168sqft
$675,000
$162price/sqft
$5,490/moest. monthly cost
$219,600/yrincome needed

About This Home

Located in the heart of College Town, this charming 6-unit apartment building offers a unique blend of historic character and modern convenience. Just a short walk from Cornell University, and Downtown Ithaca. It is nestled within a well-preserved historic district, and this property offers 6 parking spaces. Call to schedule a showing tour!

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
57
BikeBikeable

Schools

8/10
South Hill SchoolGrades PK-50.5 mi
8/10
Boynton Middle SchoolGrades 6-81.4 mi
9/10
Ithaca Senior High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1895

Materials

  • Roof: Asphalt,Membrane,Rubber
  • Construction materials: Frame,Shake Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Free-Standing Range,Gas Water Heater,Oven,Refrigerator,Washer
  • Laundry features: Coin-operated

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Skylights
  • Window features: Skylight(s)
  • Flooring: Carpet,Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Hot Water

Interior Area

  • Total structure area: 4,168
  • Total interior livable area: 4,168 sqft

Property

Details

  • Parcel number: 50070006200000030090000000
  • Special condition: Standard

Features

  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 9,147 sqft
  • Features: Historic District,Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 70 x 132

Parking

  • Parking features: Three or more Spaces,Driveway,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters in Tompkins County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$203$2,436
Property Taxes $1,186$14,232
Electricity $688$8,265
Total$5,490$65,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$188,228/yr
40% on housing$164,700/yr
45% on housing$146,400/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 14850$230
Tompkins County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 14850$215
Tompkins County$180

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-11Price change$675,000
2025-11-19Price change$685,000
2025-10-03Listed for sale$695,000
2025-05-08Listing removed$690,000
2025-01-16Price change$690,000
2024-12-31Listed for sale$720,000

For Sale by Agent

AgentZoe Leonard
BrokerageHoward Hanna S Tier Inc

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