310 Pleasant St Ithaca, NY 14850
South Hill NeighborhoodEstimated payment $4,957/month
Highlights
- Deck
- Property is near public transit
- Thermal Windows
- South Hill School Rated A-
- Wood Flooring
- Cedar Closet
About This Home
An outstanding investment on Ithaca’s South Hill, this well-positioned multifamily/student housing property delivers stable income, strong tenant demand, and long-term value. Approved for 9 unrelated tenants, this property rents a year in advance. Each unit comes fully furnished with appliances including washer/dryer, microwave, range/oven, and refrigerator, and features modern finishes such as hardwood laminate flooring, central air conditioning, and recent renovations that enhance durability and reduce maintenance costs. A spacious yard and outdoor common area further boost tenant appeal. Ideally located within walking distance of Ithaca Commons, Cornell University, and Ithaca College, with seamless access to public transit, restaurants, and shops, the property combines premium location, consistent occupancy, and modern amenities; making it a rare, turn-key opportunity in one of New York’s strongest college-town rental markets. Current lease to July 31st 2026 $6,570 a month + all utilities. Leased August 2026 for 1 year at $7,110 a month + all utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,441
Year Built
- Built in 1843
Lot Details
- 6,490 Sq Ft Lot
- Lot Dimensions are 52x129
- Property is Fully Fenced
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Triplex
- Stone Foundation
- Metal Roof
- Aluminum Siding
- Vinyl Siding
- Copper Plumbing
- Stone
Interior Spaces
- 3,700 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Drapes & Rods
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Cedar Closet
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
Schools
- South Hill Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Programmable Thermostat
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- The owner pays for grounds care
- Assessor Parcel Number 500700-081-000-0005-003-000-0000
Community Details
Overview
- Association fees include gardener
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Gross Income $78,840
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 | $11,136 | $560,000 | $50,000 | $510,000 |
| 2023 | $8,775 | $400,000 | $50,000 | $350,000 |
| 2022 | $12,904 | $370,000 | $50,000 | $320,000 |
| 2021 | $12,567 | $350,000 | $50,000 | $300,000 |
| 2020 | $7,948 | $350,000 | $50,000 | $300,000 |
| 2019 | $9,238 | $320,000 | $50,000 | $270,000 |
| 2018 | $7,609 | $320,000 | $50,000 | $270,000 |
| 2017 | $9,238 | $295,000 | $35,000 | $260,000 |
| 2016 | $7,278 | $295,000 | $35,000 | $260,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | Price Changed | $730,000 | -2.7% | $197 / Sq Ft |
| 08/25/2025 08/25/25 | For Sale | $750,000 | -- | $203 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $137,000 | Edward A. Mazza |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | Commercial |
Source: Ithaca Board of REALTORS®
MLS Number: R1633272
APN: 500700-081-000-0005-003-000-0000
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