129 Linden Ave Ithaca, NY 14850
Bryant Park and Belle Sherman NeighborhoodEstimated payment $7,398/month
Highlights
- Deck
- Property is near public transit
- Forced Air Heating System
- DeWitt Middle School Rated A-
- Wood Flooring
- Rectangular Lot
About This Home
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 enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-342-2148 License #10301200763 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,860
Year Built
- Built in 1980
Lot Details
- 5,053 Sq Ft Lot
- Lot Dimensions are 54x94
- Rectangular Lot
Home Design
- Rooming House
- Shingle Roof
- Asphalt Roof
- Siding
Interior Spaces
- 17 Bedrooms
- 2,402 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Wood
- Luxury Vinyl Tile
Laundry
- Dryer
- Washer
Parking
- 3 Car Garage
- No Garage
- Gravel Driveway
Schools
- Belle Sherman Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Deck
- Property is near public transit
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 94
- Assessor Parcel Number 500700-067-000-0003-024-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,132 | $650,000 | $60,000 | $590,000 |
| 2024 | $12,899 | $650,000 | $60,000 | $590,000 |
| 2023 | $14,160 | $650,000 | $60,000 | $590,000 |
| 2022 | $22,457 | $650,000 | $60,000 | $590,000 |
| 2021 | $21,952 | $620,000 | $60,000 | $560,000 |
| 2020 | $13,943 | $620,000 | $60,000 | $560,000 |
| 2019 | $15,170 | $560,000 | $60,000 | $500,000 |
| 2018 | $13,229 | $560,000 | $60,000 | $500,000 |
| 2017 | $12,268 | $505,000 | $45,000 | $460,000 |
| 2016 | $12,381 | $505,000 | $45,000 | $460,000 |
| 2015 | -- | $450,000 | $45,000 | $405,000 |
| 2014 | -- | $450,000 | $45,000 | $405,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | Price Changed | $995,000 | -13.5% | $414 / Sq Ft |
| 12/19/2025 12/19/25 | For Sale | $1,150,000 | -- | $479 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | -- | Peter Grossman |
Source: Ithaca Board of REALTORS®
MLS Number: R1654542
- 123 Linden Ave
- 204 Linden Ave
- 210 Delaware Ave
- 212 Linden Ave Unit R1693941
- 214 Delaware Ave
- 218 Delaware Ave Unit R1693102
- 116 Cook St
- 308 Fairmount Ave
- 411 Dryden Rd
- 505 Dryden Rd
- 116 - 118 Ferris Place Unit 18
- 708 E Seneca St
- 119 Stewart Ave
- 306 Stewart Ave
- 11 Cornell Walk
- 507 E Seneca St
- 405 Columbia St
- 505 E Seneca St
- 410 Stewart Ave
- 506 E Seneca St
- 202 Delaware Ave
- 121 Linden Ave
- 127 College Ave
- 211 Linden Ave
- 108 Linden Ave
- 126 College Ave
- 215 College Ave
- 123 Blair St Unit 123 Blair St.
- 304 College Ave
- 227 Linden Ave Unit 1
- 307 College Ave
- 306 Bryant Ave Unit 306-Main
- 111 Blair St Unit 2
- 111 Blair St Unit 1
- 109 Cook St
- 311 Dryden Rd Unit 5
- 320 Elmwood Ave Unit 201
- 320 Elmwood Ave Unit 101
- 321 Dryden Rd Unit 1
- 106 Catherine St Unit 106 Catherine St.
Ask me questions while you tour the home.