$5,400,000

202 Linden Ave Ithaca, NY 14850

Estimated payment $35,732/month

Total Views 3,726
7 Beds
-- Bath
7,542 Sq Ft
$716 Price per Sq Ft

Highlights

  • Furnished
  • Ductless Heating Or Cooling System
  • Luxury Vinyl Tile Flooring
  • DeWitt Middle School Rated A-
  • Security System Owned
  • High Speed Internet

About This Home

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 1-bedroom apartments, one 2-bedroom, three 3-bedrooms, and three 4-bedroom units, catering to a wide range of student housing needs. Designed for efficiency and tenant comfort, the property benefits from superior new construction, professional management, and consistently strong rental demand. Just steps from Cornell University, public transit, restaurants, and shops, this property is ideally positioned in one of the region's most desirable and high-traffic locations.

Listing Agent

Tam Marion Warren

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-227-0198 License #10301210708 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $75,702

Year Built

  • Built in 2023

Lot Details

  • 5,172 Sq Ft Lot
  • Lot Dimensions are 58x89
  • Rectangular Lot

Parking

  • No Driveway

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 7 Bedrooms
  • 7,542 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Luxury Vinyl Tile Flooring
  • Security System Owned

Kitchen

  • Electric Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Belle Sherman Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 500700-067-000-0001-008-000-0000

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash collection, water
  • 26 Units

Additional Features

  • Community Storage Space
  • 11 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$75,702

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.118
  • Lot Size: 58X89
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 2023
  • Property Sub Type Additional: Other
  • Attribution Contact: 607-227-0198
  • Special Features: NewHome
  • Stories: 3
  • Year Built: 2023

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Refrigerator, Range Hood, Washer
  • Owner Pays: Grounds Care, Snow Removal, Trash Collection, Water
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Living Area: 7542.0
  • Stories: 3

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Property Condition: Resale
  • Roof: Membrane, Rubber

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System Owned
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Electric
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 5172.0
  • Parcel #: 500700-067-000-0001-008-000-0000

Multi Family

  • Number Of Units Total: 26
  • Number Of Separate Electric Meters: 11

Tax Info

  • Tax Annual Amount: 75702.0

Map

Range of Values:

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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 Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $2,000 0.0% $7 / Sq Ft
07/01/2025 07/01/25 For Sale $5,400,000 0.0% $716 / Sq Ft
04/01/2025 04/01/25 Price Changed $1,300 -36.6% $4 / Sq Ft
02/25/2025 02/25/25 Price Changed $2,050 +2.5% $7 / Sq Ft
01/21/2025 01/21/25 For Rent $2,000 -- --
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1605476

APN: 500700 67.-1-8