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Investment - Homes for Sale in Ithaca, NY

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  • /50

    $1,350,000

    • 13 Beds
    • 5 Baths
    • 5,954 Sq Ft

    408 Hillview Place, Ithaca, NY 14850

    Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 286-2331

    408 Hillview Place, Ithaca, NY 14850
  • /11

    $500,000

    $75K PRICE DROP
    • 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 may require 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

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 350-1803

    00 Hillcrest Dr, Northwest Ithaca, NY 14850
  • /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

    $548,000

    $50K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,977 Sq Ft

    103 White Park Rd, Ithaca, NY 14850

    Welcome to this spacious brick ranch home in one of Ithaca’s most sought-after neighborhoods- the Village of Cayuga Heights. Just a short walk to Cornell University and Cayuga Heights Elementary, this property combines convenience with timeless charm.The main level offers a bright and inviting floor plan with hardwood floors throughout. A generous living room centers around a striking stone

    Kyle Steele Howard Hanna S Tier Inc

    103 White Park Rd, Ithaca, NY 14850
  • /23

    $335,000

    $20K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,352 Sq Ft

    113 W York St, Ithaca, NY 14850

    Charming Cape Cod nestled in North End of Fall Creek, just a short walk to local restaurants, the Science Center, Ithaca Falls, and Stewart Park. Tucked away on a quiet dead-end street, this home offers the convenience of off-street parking and a peaceful setting. Whether you’re searching for the perfect starter home or your next investment opportunity, the location truly sets this one apart,

    Anne Bezio Listing by Warren Real Estate-Corning

    113 W York St, Ithaca, NY 14850
  • /45

    $395,000

    $4K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    134 Poole Rd, Ithaca, NY 14850

    This unique duplex offers an extraordinary opportunity for both homeowners and or investors. Situated in a desirable location where its grandfathered property use sets it apart, this property boasts two side-by-side units, each thoughtfully designed to provide comfort and convenience. Each unit features two bedrooms, one and a half bathrooms, its own laundry facilities, a private back balcony,

    Chelsey Smith RE/MAX In Motion

    134 Poole Rd, Ithaca, NY 14850
  • /34

    $549,000

    $26K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 4,210 Sq Ft

    525 W Green St, Ithaca, NY 14850

    Great income generator with annual revenue of $66,000! Ideally located in the heart of downtown Ithaca. This well-maintained four-unit property offers a rare opportunity to enjoy true walkable city living while generating consistent rental income. Just steps from the Route 13 shopping corridor, restaurants, shops, and cultural attractions, the location is truly unbeatable.Numerous updates

    Jer Yuan Wansink Howard Hanna S Tier Inc

    525 W Green St, Ithaca, NY 14850
  • /19

    $195,000

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    903 Cayuga Heights Rd, Ithaca, NY 14850

    Location, location, location!!! Great little Home ready to be rehabbed into a Special place to live! OR use as an investment property or maybe take down the house and Build a new one! This could also be a great first time Buyers home or single level empty Nester house for anyone not afraid of a project! Contractors and Investors will want to come and see the possibilities to turn this into a

    Joe Giordano Howard Hanna S Tier Inc

    903 Cayuga Heights Rd, Ithaca, NY 14850
  • /49

    $995,000

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

    411 Dryden Rd, Ithaca, NY 14850

    This property rests 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, 4-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
  • /17

    $1,000,000

    • 7 Beds
    • 2,358 Sq Ft

    308 Fairmount Ave, Ithaca, NY 14850

    Great Investment with creative potential! A favored and highly sought upper Collegetown location with a flat walking distance to Cornell just seconds from the high-energy Collegetown hub. These 7 units are in the ideal grad student location offering convenience yet situated on a quiet street. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin

    Kathleen Markowski Warren Real Estate of Ithaca Inc.

    308 Fairmount Ave, Ithaca, NY 14850
  • /36

    $1,600,000

    • 16 Beds
    • 10,000 Sq Ft

    190 Lower Creek Rd, Ithaca, NY 14850

    The approximately 10,000-square-foot building consists of sixteen one-bedroom apartments in a single-story layout with significant upside potential. Constructed and continuously owned by the same family, the property reflects exceptional pride of ownership and long-term care. The building has been consistently maintained and improved as needed, resulting in excellent overall condition and

    Joan Portzline Listing by Berkshire Hathaway HomeServices Heritage Realty

    190 Lower Creek Rd, Ithaca, NY 14850
  • /32

    $529,800

    • 6 Beds
    • 4 Baths
    • 2,800 Sq Ft

    198 E King Rd, Ithaca, NY 14850

    Outstanding owner-occupied or investment opportunity! This fully renovated duplex offers the perfect blend of convenience and tranquility, ideally located just minutes from Ithaca College and downtown Ithaca while enjoying a peaceful country setting. Each spacious 3-bedroom, 2-bath unit has been thoughtfully updated with stylish modern finishes, including sparkling kitchens featuring stainless

    Ivan Newell Ithaca Home At Last, LLC

    198 E King Rd, Ithaca, NY 14850
  • /50

    $1,500,000

    • 18,715 Sq Ft

    119 3rd St, Ithaca, NY 14850

    Welcome to 119 Third Street, a striking Tudor-style property offering exceptional scale, architectural presence, and flexibility in a prime downtown Ithaca location. Rich in historic detail and thoughtfully configured, this rare multi-use building presents a compelling opportunity to acquire a property with substantial existing infrastructure and broad future potential. At the heart of the

    Karen Hollands Howard Hanna S Tier Inc

    119 3rd St, Ithaca, NY 14850
  • /32

    $499,000

    $20K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,682 Sq Ft

    419 N Albany St, Ithaca, NY 14850

    Open house SAT 6/6 11-1 pm! Investment Opportunity! Well-maintained duplex in the heart of downtown Ithaca, offering 2 spacious 3-bedroom units and valuable off-street parking. Entire house was gutted in 1984 and remodeled including all plumbing and electric. Only 1 mile to Cornell, 1⁄2 mi to The Commons and the Farmers Market on Cayuga Lake. Both units are currently rented at $2100 and

    Jer Yuan Wansink Howard Hanna S Tier Inc

    419 N Albany St, Ithaca, NY 14850
  • /50

    $675,000

    • 6 Beds
    • 5 Baths
    • 3,265 Sq Ft

    719 Hayts Rd, Ithaca, NY 14850

    Discover an exceptional opportunity with this spacious 3-unit residential property in the Trumansburg School District. Nestled on nearly 3 acres of beautifully landscaped grounds, this property offers, the opportunity for local investors or those interested in owner occupying while building their real estate portfolio. Totaling 6 bedrooms and 5 bathrooms, two of the units offer 2-bedrooms, 2-

    Chelsey Smith RE/MAX In Motion

    719 Hayts Rd, Ithaca, NY 14850
  • /50

    $1,200,000

    $50K PRICE DROP
    • 15 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 15 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
  • /35

    $449,000

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

    217 Snyder Hill Rd, Ithaca, NY 14850

    Nestled between Cornell University and Ithaca College in one of Ithaca’s most desirable rental corridors, this turn-key duplex blends proven income production with exceptional versatility. The updated raised ranch design with a finished lower level features two spacious three-bedroom units and has generated approximately $61,000 in rental income over the past year, making it an outstanding

    Cierra Rae Cain Warren Real Estate of Ithaca Inc.

    217 Snyder Hill Rd, Ithaca, NY 14850
  • /23

    $382,000

    $23K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,855 Sq Ft

    105 Valentine Place, Ithaca, NY 14850

    Looking to purchase your first rental property? This Belle Sherman 4 BR, 2.5 Bath Victorian student rental is the ideal way to take your first step onto the property ladder. Smart. Very Smart Location. On the edge of Collegetown, Just a short walk to Cornell and the Ithaca Commons. This well-maintained single family has a current Certificate of Compliance and many recent improvements. All the big

    Laurel Guy Warren Real Estate of Ithaca Inc. (Downtown)

    105 Valentine Place, Ithaca, NY 14850
  • /11

    $85,000

    • Land
    • 16,117 Sq Ft
    • $229,730 per Acre

    1458 Hanshaw Rd, Ithaca, NY 14850

    Fantastic opportunity along the Hanshaw Road Walkway, offering convenience and potential in the Northeast. Located near shopping, Northeast Elementary, nature trails, and a TCAT bus stop, approximately 1.4 miles from Cornell’s Robert Trent Jones Golf Course. Municipal water and sewer are available, and the property is partially fenced with a tall wooden fence, providing added privacy. Subdivision

    Lindsay Garner Linz Real Estate

    1458 Hanshaw Rd, Ithaca, NY 14850
  • /42

    $450,000

    $15K PRICE DROP
    • 6 Beds
    • 5 Baths
    • 2,832 Sq Ft

    180 Kendall Ave, Ithaca, NY 14850

    FLASH SALE!!! JUNE 13TH AND 14TH ONLY... $450,000. Investment Opportunity in the Heart of Ithaca! Looking for a property that offers flexibility, strong rental potential, and a location that's always in demand? This spacious duplex checks all the boxes! Conveniently located just minutes from Ithaca's colleges, downtown, shopping, dining, and entertainment, this property presents a fantastic

    Suzanne Powers RE/MAX In Motion

    180 Kendall Ave, Ithaca, NY 14850
  • /22

    $79,000

    $20K PRICE DROP
    • 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
  • /21

    $420,000

    $30K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,438 Sq Ft

    112 Sunrise Rd Unit 14, Ithaca, NY 14850

    West Hill Duplex ready for owner occupiers or investment opportunity! DOUBLE LOT! Each unit offers three comfortable bedrooms and a full bathroom, complemented by bright interiors and layouts that maximize natural light. Start your mornings on the covered front porch or unwind outback. Additional features for each unit include a small storage shed, separate off-street parking, and located across

    Laura Fiore Warren Real Estate of Ithaca Inc.

    112 Sunrise Rd Unit 14, Ithaca, NY 14850
  • /37

    $625,000

    • 8 Beds
    • 3.5 Baths
    • 3,940 Sq Ft

    616 N Cayuga St, Ithaca, NY 14850

    Rare opportunity to own a large duplex in the heart of Fall Creek! Walk everywhere from this 6 bedroom, 3.5 bath, well cared for home. This well maintained multi-unit is perfect for owner-occupied with passive income or investment. Front doors on two different streets give the appearance of two separate houses?. Each unit has a bathroom on the main floor, with a large living room, dining room,

    Jill Rosentel Warren Real Estate of Ithaca Inc. (Downtown)

    616 N Cayuga St, Ithaca, NY 14850
  • /43

    $525,000

    • 6 Beds
    • 3.5 Baths
    • 3,000 Sq Ft

    215 Dearborn Place, Ithaca, NY 14850

    Exceptional opportunity to own a large, period classic home in one of Ithaca’s most sought after historic neighborhoods Cornell Heights. Footsteps from prestigious Cornell University.Spanning 3,000 square feet, this grand residence showcases original architectural details, high ceilings, oversized windows, and hardwood floors. A gracious foyer sets the tone upon entry and leads to a spacious

    Jill Burlington Warren Real Estate of Ithaca Inc.

    215 Dearborn Place, Ithaca, NY 14850
  • /21

    $925,000

    • 10 Beds
    • 3 Baths
    • 3,266 Sq Ft

    708 E Seneca St, Ithaca, NY 14850

    Location sets the stage for this desirable investment property with an excellent rental history seconds to the Cornell Law School entrance. The famous Collegetown offers a unique diversified floor plan making rentals easy. One 4-bedroom and two 3-bedrooms. Bright rooms, hardwood floors, roomy kitchens, laundry, spacious backyard, triple back-tier deck and inviting front porch. Rented as a whole

    Kathleen Markowski Warren Real Estate of Ithaca Inc.

    708 E Seneca St, Ithaca, NY 14850
  • /10

    $275,000

    • 4 Beds
    • 1 Bath
    • 1,394 Sq Ft

    509 W Clinton St, Ithaca, NY 14850

    Spacious 4-bedroom, 1-bath home offering endless potential for investors or owner-occupants alike! With generously sized rooms throughout, this property provides plenty of space to spread out and make it your own. Ideal as a rental investment or primary residence, the home features a flexible layout and solid bones ready for your personal updates and improvements. Tons of opportunity to add value

    Andrew Hughes Listing by Keller Williams Realty Southern Tier & Finger Lakes

    509 W Clinton St, Ithaca, NY 14850
  • /32

    $895,000

    • 9 Beds
    • 2,973 Sq Ft

    116 Cook St, Ithaca, NY 14850

    Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University’s Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories

    Kyle Steele Howard Hanna S Tier Inc

    116 Cook St, Ithaca, NY 14850
  • /48

    $499,900

    $70K PRICE DROP
    • 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
  • /36

    $1,950,000

    $150K PRICE DROP
    • 15 Beds
    • 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
  • /50

    $750,000

    $97K PRICE DROP
    • 6 Beds
    • 7 Baths
    • 3,597 Sq Ft

    9 Sanctuary Dr, Ithaca, NY 14850

    Discover this beautifully maintained TWO family property located at the end of a quiet dead-end street in Ithaca’s highly desirable Northeast neighborhood. Excellent investment and income property. This expansive home features a 4-bedroom, 3.5-bathroom main residence plus a private 2-bedroom apartment, offering incredible possibilities for multi-generational living, rental income, or guest

    Grace Petrisin Warren Real Estate of Ithaca Inc. (Downtown)

    9 Sanctuary Dr, Ithaca, NY 14850
  • /12

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,782 Sq Ft

    313 Cascadilla St, Ithaca, NY 14850

    Contractor Special with Endless Potential! Opportunity awaits in this 3-bedroom, 1-bath home located in a highly desirable Ithaca location just minutes from The Commons. Within walking distance to shopping, restaurants, entertainment, parks, and more, this property offers the perfect combination of convenience and potential. Bring your vision and creativity to transform this fixer-upper into your

    Andrew Hughes Listing by Keller Williams Realty Southern Tier & Finger Lakes

    313 Cascadilla St, 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
  • /24

    $559,900

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,616 Sq Ft

    135 Simsbury Dr, Ithaca, NY 14850

    Spacious two-family ranch in desirable Northeast Ithaca offering flexibility for owner-occupants, multigenerational living, or investment potential. The main level features bright, comfortable living spaces,central air, and an attached two-car garage, while the finished lower level provides additional living space,storage, laundry, and a separate apartment with its own kitchen and living

    Derek Greene Listing by The Greene Realty Group

    135 Simsbury Dr, Ithaca, NY 14850
  • /18

    $450,000

    • 3,144 Sq Ft

    632 W Seneca St, Ithaca, NY 14850

    Positioned in the West End commercial corridor, this mixed-use property presents an exceptional opportunity for investors and developers alike. The fully leased building features a long term bar tenant occupying the ground floor and a residential apartment upstairs with both providing immediate cashflow.With over 15,000 cars passing by daily, the property benefits from outstanding visibility

    Kelly Skeval Howard Hanna S Tier Inc

    632 W Seneca St, 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

Home Prices in Ithaca, NY

Home Price Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$481,000
Median Townhouse Sale Price
$440,000
Median 2 Bedroom Sale Price
$302,000
Median 1 Bedroom Sale Price
$270,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
89
Last 12 months Home Sales
289
Months of Supply
3.70
Median List Price
$479,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
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