$1,450,000
UNDER CONTRACT $6K PRICE DROP

Estimated payment $9,890/month

Total Views 7,391
19 Beds
-- Bath
8,018 Sq Ft
$181 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Energy-Efficient Appliances
  • DeWitt Middle School Rated A-
  • No Interior Steps
  • Forced Air Heating System

About This Home

A rare opportunity to own one of Collegetown's true architectural gems. Rich in character and history, this impressive seven-unit property features stunning stained-glass windows, beautiful hardwood floors, spacious apartment layouts, and a location that is difficult to replicate. Situated just above the heart of Collegetown, the property offers convenient access to Cornell University, restaurants, and amenities while avoiding much of the area's busiest foot traffic. The building consists of seven apartments with a total of 19 bedrooms, making it an excellent addition to an investment portfolio or a unique opportunity for an owner seeking long-term value in one of Ithaca's most desirable rental markets. Recent improvements include new windows throughout most of the building (excluding the original stained-glass windows), repairs to the double front porches including recent roof work on the right-side porch, and various additional maintenance updates. Several units feature comfortable, remodeled kitchens that blend modern convenience with the building's timeless character. Also available for purchase is the neighboring property at 218 Delaware Avenue (MLS #1693102). Acquire both properties and enjoy ownership of two of the finest vintage investment properties in the area. Unit 1-4 are all 3 bedrooms each Unit 5 -4 bedrooms, 2 baths
Unit 6- 2 bedrooms
Unit 7- 1 bedroom 19 bedrooms, spread across 7 units

Listing Agent

Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/24/2026

Berkshire Hathaway HomeServices Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,322

Year Built

  • Built in 1900

Lot Details

  • 6,796 Sq Ft Lot
  • Lot Dimensions are 65x106
  • Rectangular Lot

Home Design

  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof
  • Asphalt Roof
  • Copper Plumbing

Interior Spaces

  • 19 Bedrooms
  • 8,018 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Parking

  • 1 Car Garage
  • No Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting

Schools

  • Belle Sherman Elementary School
  • Boynton Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater
  • Shared Water Heater
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 500700-067-000-0003-006-000-0000

Community Details

Overview

  • Association fees include heat, water
  • 7 Units
  • Collegetown Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $45,910
  • Gross Income $228,000
  • Net Operating Income $155,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,322

Year Built

Built in 1900

Lot Details

6,796 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.1582
  • Lot Size: 65X106
  • Road Frontage Type: City Street
  • Subdivision Name: Collegetown
  • Directions: Dryden Rd to Bryant Ave to Delaware Ave
  • Garage Yn: No
  • Efficiency: Appliances, Lighting, Windows
  • Building Stories: 3
  • Year Built Details: Existing
  • Year Built: 1900
  • Property Sub Type Additional: Other
  • Attribution Contact: 607-428-0708
  • Special Features: UnderContract
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Appliances: Common Water Heater, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Oven
  • Owner Pays: Heat, Water
  • Accessibility Features: No Stairs
  • Has Basement: Partial
  • Basement YN: Yes
  • Total Bedrooms: 19
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Luxury Vinyl, Varies, Vinyl
  • Living Area: 8018.0
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Waterfront: No
  • Construction Type: Blown-In Insulation, Frame, Copper Plumbing
  • Exterior Features: Blacktop Driveway
  • Property Condition: Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: One Space, No Garage

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Electricity Connected, 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: Heat, Water

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Boynton Middle

Lot Info

  • Lot Size Sq Ft: 6796.0
  • Parcel #: 500700-067-000-0003-006-000-0000

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 228000.0
  • Property Net Operating Income: 155768.0
  • Annual Operating Expense: 45910.0

Tax Info

  • Tax Annual Amount: 26322.0
  • Tax Lot: 6

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $35,694 $1,090,000 $80,000 $1,010,000
2024 $21,930 $1,090,000 $80,000 $1,010,000
2023 $24,037 $1,090,000 $80,000 $1,010,000
2022 $37,706 $1,090,000 $80,000 $1,010,000
2021 $36,696 $1,030,000 $80,000 $950,000
2020 $23,445 $1,030,000 $80,000 $950,000
2019 $25,582 $940,000 $80,000 $860,000
2018 $22,417 $940,000 $80,000 $860,000
2017 $20,848 $850,000 $45,000 $805,000
2016 $21,039 $850,000 $45,000 $805,000
2015 -- $750,000 $45,000 $705,000
2014 -- $750,000 $45,000 $705,000
Source: Public Records

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
07/09/2026 07/09/26 Price Changed $1,450,000 -0.3% $181 / Sq Ft
07/08/2026 07/08/26 Price Changed $1,455,000 0.0% $181 / Sq Ft
06/24/2026 06/24/26 For Sale $1,455,550 -- $182 / Sq Ft
Source: Ithaca Board of REALTORS®

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
Interfamily Deed Transfer -- Edward A Mazza
Deed $412,500 --
Source: Public Records

About the Listing Agent

Brian DeYoung

Berkshire Hathaway HomeServices Heritage Realty

(607) 261-7821

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Source: Ithaca Board of REALTORS®

MLS Number: R1692784

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