218 Delaware Avenue, Ithaca, NY 14850
Local realty services provided by:Team VP Real Estate
218 Delaware Avenue,Ithaca, NY 14850
$1,450,000
- 19 Beds
- - Baths
- 5,154 sq. ft.
- Multi-family
- Active
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 property is legal for 21.
#1-2 bedroom, 1 bath
#2-3 bedroom, 1 bath
#3-5 bedroom, 1 bath
#4-5 bedroom, 1 bath
#5-4 bedroom, 2 bath
5 units, totaling 19 bedrooms, 6 baths....
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Home facts
- Year built:1900
- Listing ID #:R1693102
- Added:51 day(s) ago
- Updated:August 14, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:19
- 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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