408-12 Hillview Place, Ithaca, NY 14850

Ithaca
Local realty services provided by:HUNT Real Estate ERA
408-12 Hillview Place,Ithaca, NY 14850
$1,350,000
Virtual Tour
  • 13 Beds
  • 5 Baths
  • 5,954 sq. ft.
  • Multi-family
  • Active
Listed by: brian deyoung
Office: berkshire hathaway homeservices heritage realty
MLS#:R1650340
Source:NY_GENRIS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$226.74

About this home

Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market. Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building...

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Home facts

  • Year built:1980
  • Listing ID #:R1650340
  • Added:106 day(s) ago
  • Updated:May 14, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full, Sump Pump
  • Living area:5,954 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1980
  • Building area:5,954 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Construction Materials:Block, Concrete, Frame, Stucco, Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Block, Poured
  • Levels:2 Stories

Schools

  • High school:Ithaca Senior High
  • Middle school:Boynton Middle
  • Elementary school:South Hill

Utilities

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

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$226.74
  • Tax amount:$25,654

Features and amenities

  • Laundry features:Common Area
  • Amenities:Storage

Parking

  • Parking description:Common, Garage, Parking Available, Paved
  • Garage:Yes
  • Garage spaces:5

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