Ithaca, NY Multifamily Homes & Duplexes for Sale

Rare Investment Opportunity Near Cornell University – Two Homes on One Parcel at 937 State Street Discover 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 upside. The

Jill Burlington Warren Real Estate of Ithaca Inc.

Welcome to 525 W. Green Street, 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 enhance both value and

Jer Yuan Wansink Howard Hanna S Tier Inc

Step into this exceptionally located duplex nestled in a thriving downtown neighborhood. Each unit boasts 3 bedrooms and 1 bath across 2,234 sq ft. Ideal for investors or homeowners. Incredible walkability: located in the desirable Fall Creek neighborhood, mere blocks from the Ithaca Commons and on city transit line, this desirable and updated duplex perfectly blends convenience with character.

Tam Marion Warren Warren Real Estate of Ithaca Inc.

Well-maintained historic asset in the heart of the Ithaca Commons, situated on the downtown Historic Super Block. All floors have been fully renovated, and the entire building is protected by a sprinkler system. The main floor is occupied by a long-standing community institution that has served Ithaca for 53 years. Revenue streams are diversified across residential and commercial uses.

Zoe Leonard Howard Hanna S Tier Inc

Welcome to 417 N. Aurora Street, ideally located in the heart of downtown Ithaca. This well-maintained multi-unit property offers a rare opportunity to enjoy true walkable city living while generating income. Just steps from the Ithaca Commons, Cornell University, restaurants, shops, and cultural attractions, the location is truly unbeatable. The owner’s unit is bright, spacious, and inviting,

Karen Hollands Howard Hanna S Tier Inc

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)

LOCATION! LOCATION! Conveniently walking distance to Ithaca College. 1 mile from downtown Ithaca, this property is located at 918 Danby Road, in the town of Ithaca, NY. This 2 Family property consists of 2 four-bedroom units set back from the road with plenty of open space. One two-story 4-bedroom apartment and one 3-story apartment. Right next to campus and close to downtown Ithaca. Easy walk to

Michelle Adams Keller Williams Realty

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

Priced at assessed value, this large 4 unit on South Hill is conveniently located near The Commons, Cornell University, and Ithaca College. This property includes two tax parcels with each side featuring a 3 bedroom and a 4 bedroom apartment, for a total of four units. The property also boasts on-site parking, laundry income, and rent growth potential for the savvy investor.

Melissa Skodzinsky Listing by Berkshire Hathaway HomeServices Heritage Realty

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

TWO BUILDINGS on a large city lot offer tremendous versatility! Sun-filled 2,018 SF front home has hardwood floors, 3-4 bedrooms, 2 full baths and 2 full kitchens (one up, one down). Two covered front porches, 1st floor laundry/breakfast nook, 2nd level back family room/4th BR with second back entry/mudroom. Back building has tree-house style 650 SF well-windowed efficiency apt, w/ new furnace

Kristin Ahlness Howard Hanna S Tier Inc

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)

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.

Introducing an exceptional opportunity at 306 Stewart Avenue, this spacious multi-family property in Ithaca is perfectly positioned for investors looking for reliable rental returns. Impressive long-term growth addition to their portfolio. With over 4500 sq. ft. of well-planned living space, this property distinguishes itself not only by size, but by its capacity to generate steady income in a

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

Excellent income-producing opportunity located in Ithaca. 524 Hayts Road is a fully occupied three-unit property situated on a spacious 7-acre parcel, with approximately 3 acres currently in use and additional land offering future potential. The main residence is complemented by a converted three-bay garage, now thoughtfully redesigned into two separate rental units: a one-bedroom, one-bath

Anthony Vaughn Keller Williams Realty

Well-maintained 3-unit property that has been thoughtfully cared for and successfully operated as a rental. The building is in good condition with a strong rental history, offering a solid opportunity for investors seeking stable income. Each unit has been well maintained, allowing for continued rental use with minimal immediate work required. The property includes a washer and dryer located in

Isaac Kain Berkshire Hathaway HomeServices Heritage Realty

Located in one of Ithaca’s lovely downtown neighborhoods, this renovated two-unit home offers convenience, efficiency, comfort, and a lot of charm. With over 2100 sq ft of living space, the property consists of a 4 bedroom, 1.5 bathroom main house with an accessory 1 bedroom, 1 bathroom apartment. The home was gutted to the studs and fully renovated by Ithaca Neighborhood Housing Services in

Steven Schapiro CSP Management

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

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

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

Oversized duplex in excellent condition, recently painted and well maintained throughout, offering flexible layouts and strong rental income potential. Unit 148A features an open-concept kitchen and dining area with an eat-up kitchen layout and a cozy fireplace insert. The primary bedroom includes a walk-in closet and private bathroom. This spacious unit offers four bedrooms plus two additional

Katherine Burke Howard Hanna S Tier Inc

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

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)

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

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!

Zoe Leonard Howard Hanna S Tier Inc

Three-unit investment property (with 3 addresses) conveniently located near shopping and dining. 599 Spencer Road offers two, one-bedroom apartments and one, two-bedroom apartment, with original portions dating back to 1910. The property abuts the Gateway Trail which means you are just steps from miles of walking and biking. Apartment #599 features a newer Morsø wood stove, wood trim, bonus attic

Emily Russell Warren Real Estate of Ithaca Inc.

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