For SaleMLS # R1654542270 days on market

129 Linden Avenue

Ithaca, NY 14850 · Tompkins County

Price

$995,000

Bed / Bath

17 bd

Interior

2,402 sqft

Lot

5,053 sqft lot

Built

1980

↓ Reduced from $1,150,000

About this home

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.

Exterior features

Blacktop Driveway
Deck
Gravel Driveway

Appliances

Dryer
Dishwasher
Electric Oven
Electric Range
Gas Water Heater
Refrigerator
Washer

Mechanical

Heating

Gas, Forced Air

Schools

District

Ithaca

Elementary

Belle Sherman

Middle

Dewitt Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$20,860

Financing

Cash · Conventional · FHA · RehabFinancing · UsdaLoan · VaLoan

Location

Ithaca, NY 14850 · Tompkins County

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MLS Attribution

Listing courtesy of Howard Hanna S Tier Inc. Listing agent: Kyle Steele. Data last updated 9/15/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.