$749,000

937 E State St Ithaca, NY 14850

Estimated payment $5,702/month

Total Views 40,165
7 Beds
3 Baths
1,920 Sq Ft
$390 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 2 Fireplaces
  • DeWitt Middle School Rated A-
  • Attic
  • Patio

About This Home

Discover a rare opportunity at 937 State Street; two homes on one parcel. This property is perfect for multi-generational living, rental income or a savvy investment. With strong rental potential due to its proximity to Cornell University, this property is a fantastic addition to any real estate portfolio.

The primary residence offers 2 apartments in the house; an upper and lower apartment with 2 beds and one full bath in each. The lower apartment also boasts a wood burning fireplace. Wood floors and ample natural light only add to this home's appeal.
The second home has 3 bedrooms and one full bath along with a large second floor.
An attached garage provides covered parking and additional storage space.

Conventionally located to Cornell University, Downtown Ithaca, shopping, dining and all Ithaca has to offer. With multiple living and income options in one parcel make sure you come and see the possibilities that await you.

Listing Agent

Jill Burlington

Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-592-0474 License #30BU0950986 Listed on: 03/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,542

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 90x191
  • Rectangular Lot
  • 89.-3-5.2

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Stone Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Attic

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 89.-3-12

Community Details

Overview

  • Association fees include electricity, gardener, heat, hot water, snow removal, water
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $33,342
  • Gross Income $61,200
  • Net Operating Income $7,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,542

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size: 90X191
  • Road Frontage Type: Main Thoroughfare
  • Directions: Head down S. Meadow Street, turn right onto W. Green Street, keep straight onto Route 79. Destination is on your right.
  • Architectural Style: Triplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1900
  • Attribution Contact: 607-592-0474
  • Special Features: None
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Electricity, Grounds Care, Heat, Hot Water, Snow Removal, Water
  • Has Basement: Full, Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
  • Interior Amenities: Attic
  • Living Area: 1920.0
  • Stories: 2

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Poured, Stone
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Paved, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Electricity, Gardener, Heat, Hot Water, Snow Removal, Water

Schools

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

Lot Info

  • Additional Parcels Description: 89.-3-5.2
  • Parcel #: 89.-3-12
  • Zoning Description: Residential 1 Unit

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 61200.0
  • Property Net Operating Income: 7316.0
  • Annual Operating Expense: 33342.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 20542.0

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
07/31/2025 07/31/25 For Sale $749,000 -- $390 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1585487

APN: 500700 89.-3-12

New York Tompkins County Ithaca 14850

937 E State St, Ithaca, NY

This home is located at 937 E State St, Ithaca, NY 14850 and is currently priced at $749,000, approximately $390 per square foot. This property was built in 1900. 937 E State St is a home located in Tompkins County with nearby schools including Belle Sherman School, DeWitt Middle School, and Ithaca Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jill Burlington
Listing Agent
Jill Burlington
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Warren Real Estate of Ithaca Inc.
(607) 600-6639