Ithaca NY Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
4,497
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1980
Baths:
MLS#:
411577

ADDITIONAL INFORMATION

Excellent turn-key investment opportunity in the heart of Collegetown and close to everything at Cornell University. 5 units with 14 bedrooms, 5 kitchens, and 5 living rooms total. Each unit is updated, clean, furnished, and well maintained. 3 stories with an apartment on each floor and 2 basement apartments. Whole house has been well cared for. Excellent rental history and rented through the academic year.

Type:
Multi-Family
Sq.Ft.:
2,085
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
411526

ADDITIONAL INFORMATION

Looking for a prime Collegetown investment and an easy rental? Three story, 5 bedroom house legal for 5 unrelated persons. Just a few steps from Cornell University and The Collegetown Business District. Spacious rooms, lots of natural light. Leased for 12 months until 6/5/2024 for a total rent of $58,800, and already leased for 24-25 at a total rent of $65,400. New ending lease date is June 5, 2025. The house is furnished and has a washer and dryer. Domestic sprinkler allows use of third floor. Many recent improvements. Main floor has living room, kitchen, two bedrooms. Second floor has three more bedrooms and two full baths. Third floor is finished off as legal lounge space.

Type:
Multi-Family
Sq.Ft.:
2,910
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1864
Baths:
MLS#:
411441

ADDITIONAL INFORMATION

If you're looking for an easy-to-rent investment property, near Ithaca College and Cornell University, this is the place for you! Already fully rented - the interior has been completely renovated in 2019. There are three bedrooms per unit and 1.5 bathrooms, so each apartment can accommodate up to 3 people comfortably. Listing agent is a licensed real estate agent.

Type:
Multi-Family
Sq.Ft.:
1,860
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1985
Baths:
MLS#:
411442

ADDITIONAL INFORMATION

This property is located in Ithaca, New York. It is a quick drive to both Ithaca College and Cornell University. The property has been fully rented out and is currently occupied until July 2024. There are spacious bedrooms with washer/dryer in each unit. There is off-street parking available for tenants as well as a front porch area for sitting outside on nice days. This property is located in the South Hill neighborhood and is near many local amenities including restaurants, bars, grocery stores, and parks.Owner is a Licensed NYS Real Estate Salesperson.

Type:
Duplex
Sq.Ft.:
2,664
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1861
Baths:
MLS#:
411453

ADDITIONAL INFORMATION

This home is located in the South Hill neighborhood of Ithaca, NY. It's close to many local amenities and just a short drive from Ithaca College and Cornell University.The property features ample lighting, washer/dryer in each unit, off-street parking, and a two-car garage. Seller is a NYS Licensed Real Estate Salesperson.

Type:
Multi-Family
Sq.Ft.:
3,660
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1850
Baths:
MLS#:
411454

ADDITIONAL INFORMATION

Live locally in the heart of Ithaca, just steps to all the best local amenities. We're big on space for roommates, with two - 4 (GIGANTIC) bedroom units, each unit with 1.5 baths. There's also plenty of room for storage and each unit comes with a washer/dryer. Plus it's furnished so you don't need to worry about buying anything extra! The Commons is right around the corner and there's no shortage of things to do here in town. Great off-street parking and less than a 5-minute drive to both Ithaca College and Cornell. The owner is an NYS Lic. Real Estate Salesperson.

Type:
Multi-Family
Sq.Ft.:
1,803
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1880
Baths:
MLS#:
411456

ADDITIONAL INFORMATION

Well-maintained investment opportunity located on Ithaca South Hill with Ithaca College, Cornell University, and Downtown Ithaca at your fingertips. This up/down 6 bedroom 2 bath duplex (3 up 3 down) offers 6 spacious bedrooms, plenty of natural light, fully furnished, Newly paved driveway with ample off street parking, bus stop nearby, and shared washer/dryer onsite. Separate utilities which tenants are responsible for making this investment an easy transition. Owner is NYS Licensed Real Estate Salesperson

Type:
Multi-Family
Sq.Ft.:
4,713
Status:
Active
Beds:
n/a
Lot size:
0.35 Acres
Year built:
1890
Baths:
MLS#:
411352

ADDITIONAL INFORMATION

Welcome to your next opportunity at 414 Stewart Avenue, a remarkable multi-family property available for sale. This investment is situated in Lower College Town, offering an excellent location for both residents and investors. With 14 bedrooms, 4 bathrooms, 4 kitchens, and an ample parking lot for 13 vehicles, this property is perfect for those seeking a profitable venture. Spanning nearly 5000 square feet of finished living space. This property boasts proximity to Cornell University, making it an ideal choice for students, staff, and faculty members. New heating system installed 2023, new appliances in 3 out of the 4 kitchens. Contact David or your Buyer agent today for more information and to schedule a viewing!

Type:
Multi-Family
Sq.Ft.:
3,227
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1915
Baths:
MLS#:
411334

ADDITIONAL INFORMATION

Great opportunity to own a Collegetown investment property that has been completely and tastefully renovated. Every surface has been touched from the heating and air conditioning to the beautiful kitchens with stainless appliances, updated tiled baths, new floors, paint, lighting, and in unit washer and dryers. great ceiling height and spacious rooms. Too many upgrades to mention all. Fully rented through the 2023-24 school year.

Type:
Multi-Family
Sq.Ft.:
1,456
Status:
Active
Beds:
n/a
Lot size:
2.7 Acres
Year built:
2007
Baths:
MLS#:
409198

ADDITIONAL INFORMATION

Rare opportunity in a prime High-Density Residential area! Approx 3-acres of land located across from Ithaca College and moments away from downtown Ithaca. Available now on Danby Rd.(96b). This gem presents an enticing prospect for developers & investors alike. One of the standout features of this property is the existing income-producing potential it offers. For the past 25 years, the 5 properties have been generating steady revenue, making it a promising investment opportunity with a proven track record. All the essential infrastructure for development is on-site. House Lots are beautifully landscaped, complementing the vibrant surroundings. With the flexibility of HDR Zoning to develop condominiums, townhouses, apartment buildings, and other multiple family housing for developers.The possibilities are endless! If you're looking to expand your property portfolio or create a residential haven in this highly sought-after location, this property has the potential to fulfill your vision.

Type:
Multi-Family
Sq.Ft.:
2,336
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1900
Baths:
MLS#:
408911

ADDITIONAL INFORMATION

Fully Rented through 2023-2024 rental period!! Ithaca investment opportunity!! Located 2 blocks from downtown Ithaca, quick commute to Ithaca College and Cornell University. This 3-Unit property has outstanding rental history. From the 9-11' high ceilings, w/ charming hardwood flooring throughout, bright natural lighting, generous living spaces, and the front porches to unwind on, these two units have no issues renting. Units 1 and 2 can also be rented as a 5/6 unit with the joining staircase. Basement apartment has unique architectural charms that oozes coziness, from the luxurious in-floor heating to the Herringbone style tiles to the exposed brick, and its covered patio makes this studio very easy to rent. All units are on separate meters. Tenants are responsible for gas/electric, trash, and recycling. Seasonal off street parking behind the house with a one car covered space bring in additional income.

Type:
Multi-Family
Sq.Ft.:
3,188
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1920
Baths:
MLS#:
408010

ADDITIONAL INFORMATION

Just reduced!! 13 br Collegetown 4 unit, with one apt on each of four levels. Located in the EH Historic District, which governs only the exterior of the building. Two 4 br apts, one 3br, and one 2br unit. 3 br and 2nd flr 4 br apts leased at $750 per br, furnished and including utils. Still signing leases for the 3rd flr 4-br unit, at the same rent and terms. The 2 br unit facing Seneca St. is leased unfurnished for 11 mos at $1245 per mo through 7.31.24. Off-street parking space leased for $80 per month for fall term. When fully leased, proj. rent for 23.24 is $96,995, includ. parking and on 10 month leases. New C of C in process. Deed, survey, current leases, expired C of C, railing height variance and encroachment agreement uploaded to docs. 10 year old tear off roof.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Ithaca Real Estate

The median home value in Ithaca, NY is $410,000. This is higher than the county median home value of $299,500. The national median home value is $338,100. The average price of homes sold in Ithaca, NY is $410,000. Approximately 23.89% of Ithaca homes are owned, compared to 66.63% rented, while 9.48% are vacant. Ithaca real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ithaca real estate agent to arrange a tour today!

Ithaca, New York has a population of 31,819. Ithaca is more family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 26.46%.

The median household income in Ithaca, New York is $40,973. The median household income for the surrounding county is $64,260 compared to the national median of $69,021. The median age of people living in Ithaca is 22.3 years.

Ithaca Weather

The average high temperature in July is 80.9 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 37.4 inches per year, with 63.3 inches of snow per year.

Ithaca Real Estate Market Conditions

  • Median sales price

    $410,000
    12.7% change since last quarter
  • # Active listings

    274
    30-day change

Ithaca Schools and Demographics

Education near Ithaca, NY

Metric City County
High School Graduates 96.54 94.96
College Degree - 2 year 6.36 9.52
College Degree - 4 year 69.22 55.27
Graduate Degree 24.74 17.78
Expenditures per Student 29,915 29,915
Students per Teacher 9.8 9.8

Elementary Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Belle Sherman School PK - 05 379 14 14850
Beverly J Martin Elementary School PK - 05 312 9.8 14850
Caroline Elementary School PK - 05 299 12.2 14881
Cayuga Heights Elementary School KG - 05 364 14.6 14850
Enfield School PK - 05 222 10.2 14850
Fall Creek Elementary School PK - 05 232 12.3 14850
Freeville Elementary School KG - 03 96 13.7 13068
Newfield Elementary School PK - 05 377 10.8 14867
Northeast School KG - 05 368 12.8 14850
Raymond C Buckley Elementary School KG - 04 457 13.1 14882
South Hill School PK - 05 324 12 14850

Middle Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Boynton Middle School 06 - 08 567 12.2 14850
Dewitt Middle School 06 - 08 502 11 14850
Lansing Middle School 05 - 08 339 10 14882
Newfield Middle School 06 - 08 181 10.3 14867

High Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Ithaca Senior High School 09 - 12 1,395 14 14850
Lansing High School 09 - 12 360 11.3 14882
New Roots Charter School 09 - 12 155 10.3 14850
Newfield Senior High School 09 - 12 232 11.6 14867

Ungraded Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Finger Lakes Residential Center 07 - 11 44 14882
Lehman Alternative Community School 06 - 12 300 12.3 14850
Tompkins-Seneca-Tioga Boces KG - 12 232 9.4 14850

Demographics near Ithaca, NY

Metric City County
Neighborhood Type
Population 31,819 105,638
Population Density 5,904 223
Median Age 22.3 31.8
People per Household 1.9 2.1
Median Household Income 40,973 64,260
Average Income per Capita 26,423 37,250