$649,000
- 7 Beds
- 3 Baths
- 1,920 Sq Ft
937 E State St, Ithaca, NY 14850
Jill Burlington Warren Real Estate of Ithaca Inc.
$649,000
937 E State St, Ithaca, NY 14850
Jill Burlington Warren Real Estate of Ithaca Inc.
$1,000,000
411 Dryden Rd, Ithaca, NY 14850
David Wahl Warren Real Estate of Ithaca Inc. (Downtown)
$1,150,000
811 N Tioga St, Ithaca, NY 14850
Kelly Skeval Howard Hanna S Tier Inc
$675,000
918 Danby Rd Unit 1-2, Ithaca, NY 14850
Michelle Adams Keller Williams Realty
$690,000
316 S Aurora St, Ithaca, NY 14850
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
$650,000
614 E State St, Ithaca, NY 14850
Kyle Steele Howard Hanna S Tier Inc
$1,250,000
410 Stewart Ave, Ithaca, NY 14850
David Wahl Warren Real Estate of Ithaca Inc. (Downtown)
$5,400,000
202 Linden Ave, Ithaca, NY 14850
Tam Marion Warren Warren Real Estate of Ithaca Inc.
$1,250,000
306 Stewart Ave, Ithaca, NY 14850
David Wahl Warren Real Estate of Ithaca Inc. (Downtown)
$2,100,000
204-208 W Spencer St, Ithaca, NY 14850
Zoe Leonard Howard Hanna S Tier Inc
$329,000
726 Cliff St, Ithaca, NY 14850
Zoe Leonard Howard Hanna S Tier Inc
$468,000
402 University Ave, Ithaca, NY 14850
Tyler Parseghian Howard Hanna S Tier Inc
$895,000
116 Cook St, Ithaca, NY 14850
Kyle Steele Howard Hanna S Tier Inc
$559,900
316 W Seneca St, Ithaca, NY 14850
Kevin Duffey Howard Hanna S Tier Inc
$1,150,000
204 Linden Ave, Ithaca, NY 14850
Kyle Steele Howard Hanna S Tier Inc
$1,050,000
505 Dryden Rd, Ithaca, NY 14850
David Wahl Warren Real Estate of Ithaca Inc. (Downtown)
$1,150,000
129 Linden Ave, Ithaca, NY 14850
Kyle Steele Howard Hanna S Tier Inc
$685,000
506 E Seneca St, Ithaca, NY 14850
Zoe Leonard Howard Hanna S Tier Inc
$529,000
445 N Tioga St, Ithaca, NY 14850
Tam Marion Warren Warren Real Estate of Ithaca Inc.
$1,100,000
133 Linden Ave, Ithaca, NY 14850
Kyle Steele Howard Hanna S Tier Inc
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.
On average, homes in Ithaca, NY sell after 59 days on the market compared to the national average of 53 days. The median sale price for homes in Ithaca, NY over the last 12 months is $482,500, up 12% from the median home sale price over the previous 12 months.
Homebuyers in Ithaca often prioritize natural surroundings, flexible living spaces, and energy-efficient features that suit the region’s seasonal climate.
In Ithaca, there are currently 20 multi-family homes for sale, providing an appealing investment opportunity for buyers. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ithaca, NY.