Rare opportunity on Cornell’s West Campus, bordering the beautiful Fall Creek neighborhood. Very short walk to Cornell, Cascadilla Gorge Trail, and waterfalls! Located outside of the designated flood zone! The main house can function as a 5-bedroom rental, or reserve the two rooms downstairs for full-size living and dining areas to create a comfortable home. Live in it yourself or capitalize on strong rental demand in this prime location. A fully rented 1-bedroom apartment in the rear provides steady income. Both units feature covered porches that offer a peaceful retreat with beautiful views and western-facing sunsets. University Avenue connects Ithaca’s vibrant community with the heart of Cornell. Conveniently located along the TCAT bus route 10: servicing Cornell and downtown.
Closed
$445,000
402 University Ave, Ithaca, NY 14850
5beds
2,661sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$446,200 Zestimate®
$167/sqft
$1,642 Estimated rent
Home value
$446,200
$361,000 - $553,000
$1,642/mo
Zestimate® history
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$1,642/mo
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$1,642/mo
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$3,126/mo
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Covered porches
Zillow last checked:
Listing updated:
Listed by:
Tyler Parseghian 315-406-2852,
Howard Hanna S Tier Inc
Bought with:
Kelly Ann Skeval, 10401286257
Howard Hanna S Tier Inc
Source: NYSAMLSs,MLS#: R1644575
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Baseboard, Electric, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Attic, Ceiling Fan(s), Other, See Remarks, Programmable Thermostat
- Flooring: Carpet, Hardwood, Laminate, Tile, Varies
- Basement: Partially Finished,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,661
- Total interior livable area: 2,661 sqft
- Finished area below ground: 400
Property
Parking
- Parking features: On Street
Features
- Stories: 3
- Patio & porch: Balcony, Deck
- Exterior features: Balcony, Deck
Lot
- Size: 7,405 sqft
- Dimensions: 62 x 110
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50070003200000020080000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ithaca
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $445,000-4.9%$167/sqft |
Source:  NYSAMLSs #R1644575 Report a problem | ||
| 2/5/2026 | Contingent | $468,000$176/sqft |
Source: NYSAMLSs #R1644575 Report a problem | ||
| 10/30/2025 | Price change | $468,000-0.8%$176/sqft |
Source: NYSAMLSs #R1644575 Report a problem | ||
| 10/14/2025 | Listed for sale | $472,000-3.3%$177/sqft |
Source: NYSAMLSs #R1644575 Report a problem | ||
| 10/13/2025 | Listing removed | $488,000$183/sqft |
Source: NYSAMLSs #R1629198 Report a problem | ||
| 9/4/2025 | Price change | $488,000-5.2%$183/sqft |
Source: NYSAMLSs #R1629198 Report a problem | ||
| 8/8/2025 | Listed for sale | $515,000+74.6%$194/sqft |
Source: NYSAMLSs #R1629198 Report a problem | ||
| 7/25/2013 | Sold | $295,000+7.3%$111/sqft |
Source: NYSAMLSs #IB138633 Report a problem | ||
| 6/8/2013 | Pending sale | $275,000$103/sqft |
Source: RealtyUSA #138633 Report a problem | ||
| 5/24/2013 | Listed for sale | $275,000$103/sqft |
Source: RealtyUSA #138633 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $500,000 |
| 2024 | -- | $500,000 +2.9% |
| 2023 | -- | $486,000 +8% |
| 2022 | -- | $450,000 +36.4% |
| 2021 | -- | $330,000 |
| 2020 | -- | $330,000 +1.5% |
| 2019 | -- | $325,000 |
| 2018 | -- | $325,000 +4.8% |
| 2017 | $9,425 | $310,000 |
| 2016 | -- | $310,000 +6.9% |
| 2015 | -- | $290,000 |
| 2014 | -- | $290,000 +48.7% |
| 2013 | -- | $195,000 |
| 2012 | -- | $195,000 |
| 2011 | -- | $195,000 |
| 2010 | -- | $195,000 |
| 2009 | -- | $195,000 |
| 2008 | -- | $195,000 +34.5% |
| 2007 | -- | $145,000 |
| 2006 | -- | $145,000 |
| 2005 | -- | $145,000 +9.8% |
| 2004 | -- | $132,000 |
| 2003 | -- | $132,000 +5.6% |
| 2002 | -- | $125,000 |
| 2001 | -- | $125,000 |
| 2000 | -- | $125,000 |
Find assessor info on the county website
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 6/10Fall Creek Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Cayuga Heights Elementary
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Ithaca
- 14850
- 402 University Ave
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