133 Linden Avenue, Ithaca, NY 14850

Ithaca
Local realty services provided by:Team VP Real Estate
133 Linden Avenue,Ithaca, NY 14850
$1,100,000
  • 2 Beds
  • - Baths
  • 2,510 sq. ft.
  • Multi-family
  • Active
Listed by: kyle steele
Office: howard hanna s tier inc
MLS#:R1654545
Source:NY_GENRIS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$438.25

About this home

Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 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:1975
  • Listing ID #:R1654545
  • Added:534 day(s) ago
  • Updated:July 01, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:2
  • Flooring:Laminate, Varies, Vinyl
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Walk Out Access
  • Living area:2,510 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1975
  • Building area:2,510 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Near Public Transit, Rectangular
  • Construction Materials:Composite Siding
  • Levels:3 Stories

Schools

  • Elementary school:Belle Sherman

Utilities

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

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$438.25
  • Tax amount:$18,613

Features and amenities

  • Appliances:Gas Range, Refrigerator

Parking

  • Parking description:No Garage

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