Active

$995,000

133 Linden Ave, Ithaca, NY 14850

2beds

0baths

2,510sqft

Multi Family, Single Family Residence

Built in 1975

-- sqft lot

$-- Zestimate^®

$396/sqft

$-- HOA

What's special

Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.

289 days
62
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 0

Heating

Gas, Forced Air

Appliances

Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Features

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

Interior area

Total structure area: 2,510
Total interior livable area: 2,510 sqft

Property

Parking

Parking features: Three or more Spaces, No Garage

Features

Stories: 3
Exterior features: Gravel Driveway

Lot

Size: 4,713 Square Feet
Dimensions: 49 x 96
Features: Near Public Transit, Rectangular, Rectangular Lot

Details

Parcel number: 50070006700000030250000000
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: 1975

Utilities & green energy

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

Community & HOA

Community

Features: None

Location

Region: Ithaca

Financial & listing details

Price per square foot: $396/sqft
Tax assessed value: $580,000
Annual tax amount: $18,613
Date on market: 12/19/2025
Cumulative days on market: 365 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Listed for sale	$995,000-9.5%$396/sqft
Source: NYSAMLSs #R1654545 Report a problem
1/10/2025	Listing removed	$7,520$3/sqft
Source: Zillow Rentals Report a problem
1/9/2025	Listed for sale	$1,100,000$438/sqft
Source: ITMLS #R1583626 Report a problem
12/16/2024	Listed for rent	$7,520$3/sqft
Source: Zillow Rentals Report a problem
4/19/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/10/2024	Listed for rent	$7,520+13.3%$3/sqft
Source: Zillow Rentals Report a problem
10/4/2019	Listing removed	$6,640$3/sqft
Source: Zillow Rental Manager Report a problem
9/3/2019	Listed for rent	$6,640$3/sqft
Source: Zillow Rental Manager Report a problem