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Investment - Homes for Sale in Ithaca, NY

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  • /25

    $495,000

    • 6 Beds
    • 1.5 Baths
    • 2,044 Sq Ft

    214 Delaware Ave, Ithaca, NY 14850

    Prime Collegetown Investment & Housing Opportunity!Just a few blocks from the heart of Cornell University’s Collegetown, this spacious residence offers an ideal blend of investment potential and practical living. Legal for five unrelated occupants, the home currently features six full bedrooms plus two additional bonus rooms on the third floor—perfect for home offices, study areas, or walk-in

    Kyle Steele Howard Hanna S Tier Inc

    214 Delaware Ave, Ithaca, NY 14850
  • /29

    $649,000

    • 3 Beds
    • 2 Baths
    • 1,920 Sq Ft

    937 E State St, Ithaca, NY 14850

    Rare Investment Opportunity Near Cornell University – Two Homes on One Parcel at 937 State StreetDiscover a unique and versatile property offering two separate homes on a single parcel in a prime, walk-to-campus Ithaca location. Ideal for investors, owner-occupants, or multi-generational living, this fully utilized property provides flexibility, strong rental appeal, and long-term

    Jill Burlington Warren Real Estate of Ithaca Inc.

    937 E State St, Ithaca, NY 14850
  • /50

    $1,000,000

    • 8 Beds
    • 3 Baths
    • 4,283 Sq Ft

    411 Dryden Rd, Ithaca, NY 14850

    This property rests in the heart of Ithaca's vibrant Collegetown neighborhood. This exceptional multi-family property offers a rare combination of prime location and solid investment potential. Just steps from Cornell University, this well-appointed 8-bedroom, 3-bathroom residence stands as a testament to quality craftsmanship and thoughtful design. The sturdy construction provides a reassuring

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    411 Dryden Rd, Ithaca, NY 14850
  • /50

    $1,150,000

    • 6 Beds
    • 7,002 Sq Ft

    811 N Tioga St, Ithaca, NY 14850

    Exceptional Six-Unit Investment Opportunity — This 7,000 SF property stands apart for its focus on meaningful, lasting improvements over cosmetic updates. Over 18 years, the current owner has prioritized major infrastructure upgrades that reduce future maintenance, repair, and capital expenditure costs. Key updates include structural reinforcement, enhanced insulation, complete plumbing and

    Kelly Skeval Howard Hanna S Tier Inc

    811 N Tioga St, Ithaca, NY 14850
  • /26

    $499,900

    • 6 Beds
    • 2 Baths
    • 2,288 Sq Ft

    217 Snyder Hill Rd, Ithaca, NY 14850

    Exceptional turn-key duplex investment with a proven rental track record and multiple income strategies already in place. This fully renovated and professionally maintained property has been successfully operated using a blend of academic-year leasing and summer short-term rental demand, offering investors a rare ready-to-perform asset in one of Ithaca’s strongest rental corridors. The upper

    Sharleena Swansbrough Berkshire Hathaway HomeServices Heritage Realty

    217 Snyder Hill Rd, Ithaca, NY 14850
  • /50

    $1,250,000

    • 16 Beds
    • 4 Baths
    • 3,997 Sq Ft

    410 Stewart Ave, Ithaca, NY 14850

    Welcome to your next investment opportunity at 410 Stewart Avenue, a remarkable multi-family property available for sale. This investment property is situated in the heart of Lower Collegetown, offering an excellent location for both residents and investors. With 16 bedrooms, 3 bathrooms, 3 kitchens, 3 living rooms and ample parking space for 7 vehicles, this property is perfect for those seeking

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    410 Stewart Ave, Ithaca, NY 14850
  • /28

    $200,000

    • 2 Beds
    • 1 Bath
    • 1,192 Sq Ft

    248 Van Dorn Rd N, Ithaca, NY 14850

    Set on over 7 acres of level, open grassland, this inviting farmette-style property offers space, versatility, and long-term potential—all within the Ithaca City School District. The ranch home is currently configured as a 2-bedroom, 1-bath residence, with the flexibility to be re-converted to a 3-bedroom in addition to finishing the full basement to add more usable square footage. Inside, you’ll

    Karyn Scott Howard Hanna S Tier Inc

    248 Van Dorn Rd N, Ithaca, NY 14850
  • /14

    $5,400,000

    • 11 Beds
    • 7,542 Sq Ft

    202 Linden Ave, Ithaca, NY 14850

    An exceptional opportunity in the heart of Cornell University's Collegetown: 202 Linden Ave is a high-quality, fully leased student housing asset offering strong income and long-term investment value. This modern, low-maintenance building features 10 units and 26 beds, thoughtfully configured to maximize appeal and occupancy. Fully furnished with in-unit washer/dryers, the unit mix includes three

    Tam Marion Warren Warren Real Estate of Ithaca Inc.

    202 Linden Ave, Ithaca, NY 14850
  • /27

    $99,000

    • 3 Beds
    • 1.5 Baths
    • 1,148 Sq Ft

    528 Spencer Rd, Ithaca, NY 14850

    The investment opportunity of your dreams. Get your hands on a complete fixer upper in the ideal neighborhood. Located walking distance from Wegmans and The Commons but tucked away on a quiet and cozy street. Three bedrooms and one and a half bathrooms taken down to the studs and ready to be fixed up in any way you desire. This home has been prepped for the perfect investor, flipper, or someone

    Jeremy Pletter Warren Real Estate of Ithaca Inc.

    528 Spencer Rd, Ithaca, NY 14850
  • /36

    $2,100,000

    • 10,230 Sq Ft

    204-208 W Spencer St, Ithaca, NY 14850

    Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking.Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable

    Zoe Leonard Howard Hanna S Tier Inc

    204-208 W Spencer St, Ithaca, NY 14850
  • /48

    $554,900

    • 5 Beds
    • 3.5 Baths
    • 2,747 Sq Ft

    316 W Seneca St, Ithaca, NY 14850

    This dynamic triplex in the heart of downtown Ithaca is a short walk from restaurants, boutiques and Cornell University on one side and Wegmans and retail shopping galore on the other. This 3-unit features an occupied studio downstairs, an occupied 1BR downstairs, and an occupied 3 BR upstairs, making this an ideal investment property, as all rooms are generating income and rented through July

    Kevin Duffey Howard Hanna S Tier Inc

    316 W Seneca St, Ithaca, NY 14850
  • /21

    $1,150,000

    • 6 Beds
    • 2 Baths
    • 2,044 Sq Ft

    204 Linden Ave, Ithaca, NY 14850

    Positioned in the absolute heart of Cornell University’s Collegetown, 204–206 Linden Avenue represents a rare blend of immediate income, irreplaceable location, and long-term redevelopment upside. This side-by-side duplex offers investors and developers a strategic foothold in one of Ithaca’s most supply-constrained and consistently high-demand submarkets.The existing improvements consist of

    Kyle Steele Howard Hanna S Tier Inc

    204 Linden Ave, Ithaca, NY 14850
  • /29

    $1,050,000

    • 11 Beds
    • 3 Baths
    • 4,318 Sq Ft

    505 Dryden Rd, Ithaca, NY 14850

    Nestled in the vibrant heart of Collegetown, this exceptional multi-family property presents a rare opportunity for investors and Cornell University affiliates alike. Featuring an impressive 11 bedrooms and 3 bathrooms, this spacious residence offers tremendous potential for rental income in one of Ithaca's most sought-after locations. Just steps away from GreenStar Food Co op, residents enjoy

    David Wahl Warren Real Estate of Ithaca Inc. (Downtown)

    505 Dryden Rd, Ithaca, NY 14850
  • /27

    $1,150,000

    • 17 Beds
    • 2,402 Sq Ft

    129 Linden Ave, Ithaca, NY 14850

    Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add

    Kyle Steele Howard Hanna S Tier Inc

    129 Linden Ave, Ithaca, NY 14850
  • /16

    $1,100,000

    • 2 Beds
    • 2,510 Sq Ft

    133 Linden Ave, Ithaca, NY 14850

    Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating

    Kyle Steele Howard Hanna S Tier Inc

    133 Linden Ave, Ithaca, NY 14850
  • /11

    $500,000

    • Land
    • 33.86 Acres
    • $14,767 per Acre

    00 Hillcrest Dr, Northwest Ithaca, NY 14850

    Discover an exceptional opportunity with this stunning 34-acre parcel, perfectly poised for development just minutes from Cayuga Lake. Ideal for your dream home (the town requires 7 acres per homesite), all while enjoying breathtaking views of the lake and surrounding landscape. This prime location offers endless possibilities for both personal retreat and investment. The property connects to the

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 350-1803

    00 Hillcrest Dr, Northwest Ithaca, NY 14850

Home Trends in Ithaca, NY

Housing Trends

Median Sale Price
$482,500
Median Single Family Sale Price
$486,000
Median Townhouse Sale Price
$435,000
Median 2 Bedroom Sale Price
$276,500
Median 1 Bedroom Sale Price
$204,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
30
Last 12 months Home Sales
298
Months of Supply
1.20
Median List Price
$493,750
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%
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