35

Ithaca, NY Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /40

    $1,490,000

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

    104, 110, 116 Buttermilk Falls Rd E, Ithaca-Town, NY 14850

    ** Spectacular Property at the base of BUTTERMILK FALLS State Park ** Located in the Town of Ithaca. This unique offering consists of three separate parcels totaling 4.11 acres of breathtaking land, directly across from the stunning lower falls. The property includes two residential homes, and a large storage building. Tax ID's: 38.-1-1, 38.-1-2, 38.-1-3. The crown jewel is the charming Farm

    Agent Photo

    Jolene Rightmyer-Macolini

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 303-5008

    104, 110, 116 Buttermilk Falls Rd E, Ithaca-Town, NY 14850
  • /50

    $530,000

    • 5 Beds
    • 2 Baths
    • 2,629 Sq Ft

    126 Pine Tree Rd, Ithaca, NY 14850

    Discover the possibilities at this refreshed hillside ranch offering over 2,700 sq. ft. of versatile living space in Ithaca’s sought-after East Hill. Just minutes from Cornell University, downtown Ithaca, parks, and trail systems, this property blends a prime location with a flexible layout to fit your needs. The home features a high efficiency heat system, thermal windows, metal roof, refreshed

    Agent Photo

    Jamie Jensen

    Howard Hanna S Tier Inc

    (607) 400-6358

    126 Pine Tree Rd, Ithaca, NY 14850
  • /40

    $550,000

    • 4 Beds
    • 2 Baths
    • 2,316 Sq Ft

    1020 Triphammer Rd, Ithaca, NY 14850

    Impeccably maintained and move-in ready, this versatile split-level in sought-after Cayuga Heights offers fresh updates and a flexible layout. Just a short walk to Community Corners and on the Cornell bus line, it features sun-filled spaces, original hardwood floors, new bedroom carpet, and updated fixtures. The main level open living/dining area flows to the kitchen and freshly painted back

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 524-5983

    1020 Triphammer Rd, Ithaca, NY 14850
  • /45

    $1,400,000

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

    408 Hillview Place, Ithaca, NY 14850

    Nestled in the sought-after South Hill area, this property is perfectly positioned for students, graduate students, and local residents alike. Enjoy the convenience of being close to both campuses, with frequent public transit options—two major bus lines are just steps away, providing easy access to Cornell, Ithaca College, and downtown Ithaca. This unique offering comprises four well-maintained

    Agent Photo

    Brian DeYoung

    Berkshire Hathaway HomeServices Heritage Realty

    (607) 389-7093

    408 Hillview Place, Ithaca, NY 14850
  • /43

    $350,000

    • 6 Beds
    • 5 Baths
    • 2,644 Sq Ft

    509 Five Mile Dr Unit A & B, Ithaca, NY 14850

    This unique property offers the perfect blend of potential and passive income. Set on a stunning 1.8-acre lot, 509 Five Mile Drive includes a main single-family residence and a legally grandfathered duplex that was once a barn. The main house, while in need of renovation, served as a cherished home for many years and previously rented for $1,300/month. It's now ready for your vision—bring your

    Agent Photo

    Jamie Jensen

    Howard Hanna S Tier Inc

    (607) 399-3344

    509 Five Mile Dr Unit A & B, Ithaca, NY 14850
  • /39

    $385,000

    • 4 Beds
    • 2 Baths
    • 2,011 Sq Ft

    201 Stewart Ave, Ithaca, NY 14850

    Discover timeless character in this early 1900s East Hill single family home featuring original hardwood floors, vintage trim, and a covered front porch adorned with Victorian-era spindle work. A decorative fireplace with an ornate mantle serves as a lovely focal point in the living room (condition unknown).This spacious three-level home offers flexibility for a variety of lifestyles. The

    Steven Saggese Warren Real Estate of Ithaca Inc. (Downtown)

    201 Stewart Ave, Ithaca, NY 14850
  • /42

    $499,000

    • 5 Beds
    • 3.5 Baths
    • 2,880 Sq Ft

    131 Birdseye View Dr, Ithaca, NY 14850

    This is a rare opportunity to own a modern side by side duplex in the town of Ithaca! Perfect for owner occupy with one side vacant! Built in 2016, this well maintained property sits on a private cul-de-sac just 5 minutes to downtown Ithaca. Each unit offers its own charm and functionality with open floor plans, abundant natural light, and spacious layouts. Unit 1 has 3 bedrooms, 2 baths plus a

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    131 Birdseye View Dr, Ithaca, NY 14850
  • /50

    $750,000

    • 8 Beds
    • 4 Baths
    • 3,700 Sq Ft

    310 Pleasant St, Ithaca, NY 14850

    An outstanding investment on Ithaca’s South Hill, this well-positioned multifamily/student housing property delivers stable income, strong tenant demand, and long-term value. Approved for 9 unrelated tenants, this property rents a year in advance. Each unit comes fully furnished with appliances including washer/dryer, microwave, range/oven, and refrigerator, and features modern finishes such as

    Matthew Poole Howard Hanna S Tier Inc

    310 Pleasant St, Ithaca, NY 14850
  • /24

    $280,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft

    406 W Court St, Ithaca, NY 14850

    This charming Circa 1890's Victorian home located in Downtown Ithaca, retains many original details with original wood trim and floors. It offers the perfect blend of historic character and modern convenience, just a short walk to the Washington park, Alex Haley Pool, Ithaca Bakery, local restaurants, and more. Each unit offers 2 bedrooms, 1 full bath, and with laundry onsite. Ideal for

    Zoe Leonard Howard Hanna S Tier Inc

    406 W Court St, Ithaca, NY 14850
  • /50

    $1,030,000

    • 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
  • /34

    $515,000

    • 5 Beds
    • 3 Baths
    • 2,661 Sq Ft

    402 University Ave, Ithaca, NY 14850

    Rare opportunity on Cornell’s West Campus, bordering the beautiful Fall Creek neighborhood. Very short walk to Cornell, Cascadilla Gorge Trail, and waterfalls!Conveniently located along the Tcat bus route 10: servicing Cornell and downtown. The main house can function as a 5-bedroom rental, or reserve the two rooms downstairs for full-size living and dining areas to create a comfortable

    Tyler Parseghian Howard Hanna S Tier Inc

    402 University Ave, Ithaca, NY 14850
  • /36

    $449,000

    • 8 Beds
    • 4 Baths
    • 2,640 Sq Ft

    924 Danby Rd, Ithaca, NY 14850

    924 Danby Rd is an opportunity to own a renovated duplex in Ithaca’s desirable South Hill neighborhood, offering flexibility, income potential, and a prime location. Both the upstairs and downstairs units feature 4 spacious bedrooms and1.5 bathrooms. The upper unit has an open floor plan, garage and sunroom for extra space/storage, while the lower unit showcases a sleek, updated interior with

    Garrett Venuto Warren Real Estate of Ithaca Inc.

    924 Danby Rd, Ithaca, NY 14850
  • /29

    $1,100,000

    • 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
  • /22

    $350,000

    • 5 Beds
    • 2 Baths
    • 1,840 Sq Ft

    726 Cliff St, Ithaca, NY 14850

    This move-in ready West Hill duplex is a fantastic opportunity for investors or owner-occupants alike. Thoughtfully updated and ideally located, the property sits right on the bus route and is just minutes from downtown Ithaca and Cayuga Medical Center.Recent upgrades include:• New metal roof and siding• Mini-split heating/cooling systems• Updated flooring and interior paint•

    Zoe Leonard Howard Hanna S Tier Inc

    726 Cliff St, Ithaca, NY 14850
  • /23

    $398,000

    • 4 Beds
    • 2 Baths
    • 1,980 Sq Ft

    117 Hyers St Unit 19, Ithaca, NY 14850

    Rare opportunity for a true, side-by-side duplex on a peaceful side street. Amazing location and neighborhood with immediate proximity to shopping, parks, and the heart of Downtown. Excellent opportunity for owner occupancy, or, steady cash-flow with low maintenance and highly sought-after unit types. 2 separate driveways for off-street parking. Front and rear porches and separate rear yards for

    David Barken Howard Hanna S Tier Inc

    117 Hyers St Unit 19, Ithaca, NY 14850
  • /62

    $560,000

    • 4 Beds
    • 4 Baths
    • 2,565 Sq Ft

    134 Brook Way, Ithaca, NY 14850

    Welcome to 134 Brook Way - where timeless elegance meets modern luxury in one of Ithaca's most serene, tree-lined enclaves. This exquisitely maintained 4-bedroom, 4-bathroom residence offers 2,565 sq ft of refined living space, thoughtfully expanded with a permitted addition that enhances flow, functionality, and style. Rich oak wood flooring flows throughout the home, setting the tone for the

    Bintu Sidiki VORO NEW YORK

    134 Brook Way, Ithaca, NY 14850
  • /45

    $419,000

    • 4 Beds
    • 3 Baths
    • 1,342 Sq Ft

    522 W Seneca St, Ithaca, NY 14850

    Adorable downtown Ithaca Greek Revival in turn key condition. This home features a three bedroom, two bath unit on the main level and a one bedroom, one bath unit on the upper level. House has been used as a rental by current owners but would make a wonderful owner occupied home with accessory income apartment. House features replacement windows, renovated kitchens and bathrooms, large wrap

    James Orcutt, Jr. James Orcutt Real Estate

    522 W Seneca St, 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
  • /29

    $379,000

    • 6 Beds
    • 2 Baths
    • 1,803 Sq Ft

    513 S Aurora St, Ithaca, NY 14850

    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

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    513 S Aurora St, Ithaca, NY 14850
  • /14

    $279,000

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft

    213 Prospect St, Ithaca, NY 14850

    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 2026. 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

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    213 Prospect St, 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
  • /37

    $450,000

    • 4 Beds
    • 2 Baths
    • 2,150 Sq Ft

    719 Hanshaw Rd, Ithaca, NY 14850

    This desirable Cayuga Heights single-level home offers bright interiors, newer Anderson windows, a fireplace, utility/laundry room, and detached garages on each side. The convenient single-floor plan includes a spacious backyard with tree-lined privacy and an ample front yard with distant views. Just minutes from Triphammer Mall, shopping, dining, and Cornell University, the location is

    Kelly Skeval Howard Hanna S Tier Inc

    719 Hanshaw Rd, Ithaca, NY 14850
  • /45

    $359,000

    • 4 Beds
    • 3 Baths
    • 2,715 Sq Ft

    502 Hudson St, Ithaca, NY 14850

    This unique three-unit investment property offers an excellent opportunity in one of Ithaca's most sought-after neighborhoods. Situated on a corner lot near South Hill Elementary School, the property is fully rented through July 2026, providing easy access to public transportation and is consistently 100% rented due to its proximity to both Cornell University and Ithaca College. Residents enjoy a

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    502 Hudson St, Ithaca, NY 14850
  • /14

    $749,000

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

    937 E State St, Ithaca, NY 14850

    Discover a rare opportunity at 937 State Street; two homes on one parcel. This property is perfect for multi-generational living, rental income or a savvy investment. With strong rental potential due to its proximity to Cornell University, this property is a fantastic addition to any real estate portfolio. The primary residence offers 2 apartments in the house; an upper and lower

    Jill Burlington Warren Real Estate of Ithaca Inc.

    937 E State St, Ithaca, NY 14850
  • /47

    $415,000

    • 4 Beds
    • 2 Baths
    • 2,190 Sq Ft

    328 W Seneca St, Ithaca, NY 14850

    Well maintained up-down duplex in downtown Ithaca, minutes from Cornell, Ithaca College, The Commons, public transit and amenities. Both apartments are spacious with sunny living rooms, separate dining rooms, large kitchens, and two bedrooms with a bathroom in between the bedrooms. The main floor has a welcoming front porch, laminate floors in the living, dining and bedrooms and tile and vinyl

    Sydney Trumble Warren Real Estate of Ithaca Inc.

    328 W Seneca St, Ithaca, NY 14850
  • /43

    $430,000

    • 6 Beds
    • 2 Baths
    • 2,656 Sq Ft

    203 Prospect St, Ithaca, NY 14850

    203 Prospect St offers a fantastic opportunity to own a six-bedroom house in a great location near the Commons and Ithaca College. This property boasts two kitchens, two full baths, and two large living rooms, providing plenty of living space for your convenience.The house features hardwood floors throughout, except in the kitchen and baths. You'll also enjoy the convenience of having a

    Andrew Schreck Warren Real Estate of Ithaca Inc. (Downtown)

    203 Prospect St, Ithaca, NY 14850
  • /32

    $720,000

    • 7 Beds
    • 4 Baths
    • 4,019 Sq Ft

    116 Heights Ct Unit 16, Ithaca, NY 14850

    116 & 116.5 Heights Court is a three-story, identical side-by-side duplex, located next to 114 Heights Court, which is also on the market. Nestled in the charming historic neighborhood of Cornell Heights, this property is just steps away from North Cornell Campus and boasts a consistent student rental history. Each side of the duplex features elegant hardwood floors, four bedrooms, and 1.5 bath.

    Kayla Lane Dryden Realty

    116 Heights Ct Unit 16, Ithaca, NY 14850
  • /21

    $399,900

    • 6 Beds
    • 2.5 Baths
    • 2,240 Sq Ft

    321 - 321.5 Hillview Place, Ithaca-City, NY 14850

    Don’t miss this exceptional investment opportunity! This beautifully maintained side-by-side duplex offers spacious living in the vibrant City of Ithaca. Each unit boasts 3 bedrooms with full bath. The 321 side has a half bath as well. Expansive living areas, and thoughtful layouts that ensure comfort and functionality. Tenants will enjoy the added convenience of an attached garage, perfect for

    Kyle Steele Howard Hanna S Tier Inc

    321 - 321.5 Hillview Place, Ithaca-City, NY 14850
  • /50

    $1,300,000

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

    410 Stewart Ave, Ithaca, NY 14850

    The property's standout feature is its prime location in lower Collegetown, just steps away from Cornell University. Imagine your tenants enjoying a quick stroll to campus while having the vibrant Collegetown atmosphere right at their doorstep. Convenience is key with GreenStar Food Co+op just a few blocks from the property, offering fresh, local produce and specialty items. For outdoor

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

    410 Stewart Ave, Ithaca, NY 14850
  • /32

    $995,000

    • 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

    Kyle Steele Howard Hanna S Tier Inc

    116 Cook 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
  • /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
  • /27

    $745,000

    • 14 Beds
    • 4 Baths
    • 4,500 Sq Ft

    316 S Aurora St, Ithaca, NY 14850

    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 four total units. The property also boasts on-site parking, laundry income, and rent growth potential for the saavy investor.

    Melissa Skodzinsky Listing by Berkshire Hathaway HomeServices Heritage Realty

    316 S Aurora St, Ithaca, NY 14850
  • /50

    $595,000

    • 7 Beds
    • 5 Baths
    • 3,335 Sq Ft

    438 & 442 Floral Ave, Ithaca City, NY 14850

    Rare 18.5-Acre Opportunity in the City of Ithaca located near the Cayuga Waterfront Trail and Downtown, this expansive property offers privacy and stunning views of the Ithaca College Towers. The land consists of six tax parcels, featuring a mix of wooded areas, wide open spaces, and scenic creeks. The woods surrounding the structures provide privacy, while the large open areas are perfect for

    Lindsay Garner Linz Real Estate

    438 & 442 Floral Ave, Ithaca City, NY 14850
  • /30

    $2,500,000

    • 12,090 Sq Ft

    224 E State St, Ithaca, NY 14850

    INVESTMENT OPPORTUNITY: High demand location in the Heart of the Finger Lakes, and home to Cornell University and Ithaca College. This Iconic four story building, in a prominent commercial corridor, “Restaurant Row”, and Gateway to the famous Ithaca Commons is looking for new ownership for the first time in many years. With over 12,000 SF, it was redesigned by architect Jason Demarest and

    Laura Fiore Warren Real Estate of Ithaca Inc.

    224 E State St, Ithaca, NY 14850

Why Live in Ithaca

Nestled in the Finger Lakes region, Ithaca features over 150 waterfalls within 10 square miles, including Taughannock Falls which stands taller than Niagara Falls. The pedestrian-only Ithaca Commons serves as the city's cultural hub, lined with local boutiques and art galleries. Outdoor recreation thrives year-round through the Cascadilla Gorge Trail, Buttermilk Falls State Park, and the Black Diamond Trail, while the Cayuga Lake Wine Trail showcases the region's renowned wineries. The dining scene includes established restaurants like Moosewood, known for its vegetarian cuisine and cookbooks, and Taverna Banfi, serving exceptional Italian dishes on Cornell University's campus.

The median price for single-family homes varies significantly by neighborhood. Fall Creek homes have a median price of $420,000, while Forest Home commands $925,000. East Hill properties reach a median of $895,000, Cornell Heights homes stand at $580,000, and South Hill residences average $343,000. Condominiums present more affordable options, with median prices of $204,000 for one-bedroom units and $283,000 for two-bedroom homes. Townhouses in Ithaca have a median price of $419,500.

The cost of living in Ithaca measures 1.2% above the national average. A family with school-age children needs an annual income of $107,000 to live comfortably, while renters should aim for $61,000. Property taxes in Tompkins County run at 2.35%, lower than neighboring Syracuse at 2.59% and Binghamton at 2.64%. Groceries cost 4.7% below the national average for families, requiring approximately $1,500 monthly. Housing expenses average $2,400 monthly, 1.4% above the national average. The education system includes the A-rated Ithaca Senior High School and the A+ rated private Cascadilla School. Cornell University and Ithaca College anchor the higher education landscape.

Home Trends in Ithaca, NY

Housing Trends

Median Sale Price
$445,000
Median Single Family Sale Price
$469,000
Median Townhouse Sale Price
$449,900
Median 2 Bedroom Sale Price
$245,000
Median 1 Bedroom Sale Price
$292,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
79
Last 12 months Home Sales
303
Months of Supply
3.10
Median List Price
$462,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home