Active

$1,150,000

129 Linden Ave, Ithaca, NY 14850

17beds

0baths

2,402sqft

Multi Family, Single Family Residence

Built in 1980

-- sqft lot

$-- Zestimate^®

$479/sqft

$-- HOA

What's special

Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

207 days

71

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 0

Heating

Gas, Forced Air

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer

Features

Flooring: Hardwood, Luxury Vinyl, Varies
Basement: Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,402
Total interior livable area: 2,402 sqft

Property

Parking

Parking features: Three or more Spaces, No Garage

Features

Levels: Two
Stories: 2
Patio & porch: Deck
Exterior features: Blacktop Driveway, Deck, Gravel Driveway

Lot

Size: 5,052 Square Feet
Dimensions: 54 x 94
Features: Near Public Transit, Rectangular, Rectangular Lot

Details

Parcel number: 50070006700000030240000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Single Family Residence

Materials

Composite Siding
Roof: Asphalt,Shingle

Condition

Resale
Year built: 1980

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: $479/sqft
Tax assessed value: $650,000
Annual tax amount: $20,860
Date on market: 12/19/2025
Cumulative days on market: 801 days
Listing terms: Cash,Conventional,FHA,Rehab Financing,USDA Loan,VA Loan
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/9/2025	Listed for sale	$1,150,000$479/sqft
Source: ITMLS #R1583611 Report a problem
1/3/2024	Listed for rent	$6,975+9.2%$3/sqft
Source: Zillow Rentals Report a problem
10/4/2019	Listing removed	$6,390$3/sqft
Source: Zillow Rental Manager Report a problem
9/3/2019	Listed for rent	$6,390$3/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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