218 Delaware Avenue, Ithaca, NY 14850

Ithaca
Local realty services provided by:ERA Team VP Real Estate
218 Delaware Avenue,Ithaca, NY 14850
$1,450,000
  • 55 Beds
  • - Baths
  • 5,154 sq. ft.
  • Multi-family
  • Pending
Listed by: brian deyoung
Office: berkshire hathaway homeservices heritage realty
MLS#:R1693102
Source:NY_GENRIS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$281.33

About this home

Rare CollegeTown multifamily investment opportunity. This five-unit property offers more than 5,100 square feet of living space in one of Ithaca’s most sought-after rental markets. Featuring spacious apartments, attractive interior finishes, and off-street parking, the property offers a compelling blend of character and functionality. Each unit provides a unique layout and appeal, distinguishing it from more standardized rental properties. The interior has been well maintained, while exterior cosmetic improvements may provide an opportunity for future value enhancement. Conveniently located near educational institutions, downtown Ithaca, employment centers, shopping, dining, and public transportation, this property is well-positioned for investors seeking to expand or strengthen their portfolio. A second multifamily property on Delaware Avenue is also available (210), creating a unique opportunity for investors interested in acquiring multiple assets in the same neighborhood. This...

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Home facts

  • Year built:1900
  • Listing ID #:R1693102
  • Added:138 day(s) ago
  • Updated:November 10, 2026 at 08:47 AM

Rooms and interior

  • Bedrooms:55
  • Flooring:Hardwood, Laminate, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Partial, Partially Finished
  • Living area:5,154 sq. ft.

Heating and cooling

  • Cooling:Zoned
  • Heating:Gas, Zoned

Structure and exterior

  • Roof:Asphalt, Pitched, Shingle
  • Year built:1900
  • Building area:5,154 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Construction Materials:Copper Plumbing, Frame, Wood Siding
  • Levels:3 Stories

Schools

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

Utilities

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

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$281.33
  • Tax amount:$28,821

Parking

  • Parking description:Driveway, No Garage, One Space

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