408 Hillview Place Ithaca, NY 14850
South Hill NeighborhoodEstimated payment $9,388/month
Highlights
- Property is near public transit
- Wood Flooring
- Covered Patio or Porch
- South Hill School Rated A-
- Main Floor Bedroom
- Storm Windows
About This Home
Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market. Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York’s most reliable rental markets.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 01/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,654
Year Built
- Built in 1980
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 127x150
- Rectangular Lot
Parking
- 5 Car Garage
- Parking Available
- Common or Shared Parking
Home Design
- Block Foundation
- Poured Concrete
- Frame Construction
- Blown-In Insulation
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 5,954 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Storage
- Storm Windows
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- Main Floor Bedroom
- 5 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Accessible Home Design
- Low Threshold Shower
- Accessible Bedroom
- Accessible Doors
- No Interior Steps
- Accessible Entrance
Schools
- South Hill Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
Additional Features
- Covered Patio or Porch
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 92.-6-6
Community Details
Overview
- Association fees include water
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 01/27/2026 01/27/26 | For Sale | $1,350,000 | -- | $227 / Sq Ft |
About the Listing Agent
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Source: Ithaca Board of REALTORS®
MLS Number: R1650340
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Ask me questions while you tour the home.