$1,100,000

133 Linden Ave Ithaca, NY 14850

Northwest Ithaca Neighborhood

Estimated payment $7,314/month

Total Views 34,218
2 Beds
-- Bath
2,510 Sq Ft
$438 Price per Sq Ft

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Vinyl Flooring
  • Boynton Middle School Rated A-
  • Rectangular Lot

About This Home

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 steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

Listing Agent

Kyle Steele

Howard Hanna S Tier Inc Brokerage Phone: 607-342-2148 License #10301200763 Listed on: 12/19/2025

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,613

Year Built

  • Built in 1975

Lot Details

  • 4,714 Sq Ft Lot
  • Lot Dimensions are 49x96
  • Rectangular Lot

Home Design

  • Rooming House
  • Shingle Roof
  • Asphalt Roof
  • Siding

Interior Spaces

  • 2 Bedrooms
  • 2,510 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Laminate
  • Vinyl

Parking

  • 3 Car Garage
  • No Garage
  • Gravel Driveway

Location

  • Property is near public transit

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 500700-067-000-0003-025-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,613

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.1082
  • Lot Size: 49X96
  • Directions: Linden Ave, East side of street close to intersection of Bool St.
  • Garage Yn: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1975
  • Attribution Contact: 607-342-2148
  • Special Features: None
  • Stories: 3
  • Year Built: 1975

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Varies, Vinyl
  • Living Area: 2510.0
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Gravel Driveway
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 4714.0
  • Parcel #: 500700-067-000-0003-025-000-0000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 18613.0
  • Tax Lot: 25

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 For Sale $1,100,000 -- $438 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1654545

New York Tompkins County Ithaca 14850 Northwest Ithaca

133 Linden Ave, Ithaca, NY

For Sale

MultiFamily

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Kyle Steele
Listing Agent
Kyle Steele
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Howard Hanna S Tier Inc
(607) 669-3610