129 Linden Avenue, Ithaca, NY 14850

Ithaca
Local realty services provided by:ERA Team VP Real Estate
129 Linden Avenue,Ithaca, NY 14850
$1,150,000
  • 17 Beds
  • - Baths
  • 2,402 sq. ft.
  • Multi-family
  • Active
Listed by: kyle steele
Office: howard hanna s tier inc
MLS#:R1654542
Source:NY_GENRIS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$478.77

About this home

Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

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Home facts

  • Year built:1980
  • Listing ID #:R1654542
  • Added:492 day(s) ago
  • Updated:May 22, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:17
  • Flooring:Hardwood, Varies
  • Kitchen Description:Dishwasher, Refrigerator
  • Basement:Yes
  • Basement Description:Walk Out Access
  • Living area:2,402 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1980
  • Building area:2,402 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Near Public Transit, Rectangular
  • Construction Materials:Composite Siding
  • Exterior Features:Deck
  • Levels:2 Stories

Schools

  • High school:Ithaca Senior High
  • Middle school:Dewitt Middle
  • Elementary school:Belle Sherman

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$478.77
  • Tax amount:$20,860

Features and amenities

  • Appliances:Dishwasher, Dryer, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Deck

Parking

  • Parking description:No Garage

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