150 Highland Ave Ithaca, NY 14850
Cornell Heights NeighborhoodEstimated payment $2,699/month
Highlights
- Hot Property
- Deck
- Wood Flooring
- Cayuga Heights Elementary School Rated A-
- Property is near public transit
- Hot Water Heating System
About This Home
Located in prestigious Cornell Heights, directly adjacent to Cornell University and just steps from campus, this charming bungalow style duplex presents a rare investment opportunity in one of Ithaca's most sought after neighborhoods. The first floor features a spacious 2 bedroom, 2 bath apartment with off street parking, a carport, and a private deck overlooking a large wooded lot. The lower level offers a 2 bedroom, 1 bath apartment, also with off street parking and beautiful views of the surrounding natural setting. With a solid rental history and an unbeatable location so close to campus, this is an exceptional opportunity to own an income property in Cornell Heights for under 350,000. Also available is an adjacent 2.5 acre parcel with building potential - R1663150. Purchase both and live in the duplex while designing and building your dream home, or secure the additional land for privacy, future development, long term investment value. Square footage is from the photographers floorplans- 1206 upstairs and 816 downstairs for a total of 2022. Offers will be reviewed March 5th 2026
Listing Agent
Warren Real Estate of Ithaca Inc. License #30SE0908346 Listed on: 02/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,837
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 121x92
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Asphalt Roof
- Cedar
Interior Spaces
- 2,022 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Cayuga Heights Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 8.-1-6
Community Details
Overview
- Association fees include all utilities
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Operating Expense $17,906
- Gross Income $41,665
- Net Operating Income $12,922
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,826 | $340,000 | $116,300 | $223,700 |
| 2023 | $6,557 | $297,000 | $116,300 | $180,700 |
| 2022 | $9,259 | $275,000 | $116,300 | $158,700 |
| 2021 | $8,754 | $245,000 | $116,300 | $128,700 |
| 2020 | $5,637 | $245,000 | $116,300 | $128,700 |
| 2019 | $2,578 | $230,000 | $116,300 | $113,700 |
| 2018 | $5,502 | $230,000 | $116,300 | $113,700 |
| 2017 | $5,647 | $230,000 | $68,000 | $162,000 |
| 2016 | $5,699 | $230,000 | $68,000 | $162,000 |
| 2015 | -- | $215,000 | $68,000 | $147,000 |
| 2014 | -- | $215,000 | $68,000 | $147,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $349,000 | -- | $173 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Available | |
| Interfamily Deed Transfer | $109,000 | -- | |
| Deed | $109,900 | -- |
About the Listing Agent
Kate Seaman, proud native of Ithaca, New York, and enthusiast of Cayuga Lake, Ithaca Schools, and the captivating Finger Lakes region. While her journey took her away for college and into a thriving career in retail management, the magnetic pull of her beloved hometown drew her back, sparking her venture into real estate.
With a career spanning since 2000, Kate stands among the top one percent of Realtors at Warren Real Estate and the entire Ithaca Board of Realtors. Her commitment to
Kathleen's Other Listings
Source: Ithaca Board of REALTORS®
MLS Number: R1663151
APN: 500700-008-000-0001-006-000-0000
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Ask me questions while you tour the home.