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  • $590,000

    123 Linden Ave, Ithaca, NY 14850

    3beds
    1,008sqft
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    Single Family Residence
    Built in 1940
    4,299 Square Feet Lot
    $565,000 Zestimate®
    $585/sqft
    $-- HOA

    What's special

    Tastefully renovated kitchenOff-street parkingThree spacious bedroomsUpdated electrical serviceRich hardwood floorsReplacement windows
    An exceptional investment opportunity in one of Cornell University's most sought-after locations. This impeccably maintained single-family residence seamlessly blends timeless charm with thoughtful modern updates. Currently leased for the 2026-2027 academic year, this turnkey property offers immediate, reliable income while showcasing the quality and care discerning investors value. Tenants pay utilities seperately. Off-street parking. The inviting interior is filled with natural light and accented by rich hardwood floors, creating a warm and sophosticated atmosphere throughout. Extensive improvements include the addition of a beautifully designed second full bathroom and dormer, a tastefully renovated kitchen, updated electrical service, replacement windows, newer HVAC systems including central air, and a newer washer/dryer-providing both comfort and long-term peace of mind. With three spacious bedrooms, two full bathrooms, and a prime location just moments from Cornell University, this residence continues to attract strong tenant demand year after year. A rare offering that combines enduring quality, exceptional upkeep, and proven investment performance, this is an outstanding opportunity to own a premier income-producing property in one of Ithaca's most desirable rental markets.
    57 days
    323
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,

    Adele Wood 315.378.2663

    Source: NYSAMLSs,MLS#: S1704387MLS LogoOriginating MLS: Cortland

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
      • Laundry: In Basement
      Features
      • Separate/Formal Dining Room, Bedroom on Main Level
      • Flooring: Hardwood, Tile, Varies
      • Basement: Full,Sump Pump
      • Has fireplace: No
      Interior area
      • Total structure area: 1,008
      • Total interior livable area: 1,008 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Exterior features: Blacktop Driveway
      Lot
      • Size: 4,299 Square Feet
      • Dimensions: 50 x 86
      • Features: Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 50070006700000030210000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      • Foundation: Stone
      Condition
      • Resale
      • Year built: 1940

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Ithaca

      Financial & listing details

      • Price per square foot: $585/sqft
      • Tax assessed value: $375,000
      • Annual tax amount: $12,816
      • Date on market: 8/4/2026
      • Cumulative days on market: 58 days
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $565,000

        $537,000 - $593,000

        Not available

        Price history

        DateEventPrice
        8/5/2026Listed for sale$590,000+461.9%$585/sqft
        Source: NYSAMLSs #S1704387 Report a problem
        9/4/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/3/2021Listed for rent$3,800$4/sqft
        Source: Zillow Rental Manager Report a problem
        9/28/2001Sold$105,000$104/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $375,000
        2024-- $375,000 +13.6%
        2023-- $330,000 +10%
        2022-- $300,000 +13.2%
        2021-- $265,000
        2020-- $265,000 +10.4%
        2019-- $240,000
        2018-- $240,000 +11.6%
        2017$6,362 $215,000
        2016-- $215,000 +16.2%
        2015-- $185,000
        2014-- $185,000 +8.8%
        2013-- $170,000
        2012-- $170,000
        2011-- $170,000
        2010-- $170,000 +6.3%
        2009-- $160,000
        2008-- $160,000 +28%
        2007-- $125,000
        2006-- $125,000
        2005-- $125,000 +15.7%
        2004-- $108,000 +4.9%
        2003-- $103,000 +14.4%
        2002-- $90,000
        2001-- $90,000
        2000-- $90,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14850

        Getting around

        86 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Ithaca

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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