For SaleMLS # R1654545270 days on market

133 Linden Avenue

Ithaca, NY 14850 · Tompkins County

Price

$995,000

Bed / Bath

2 bd

Interior

2,510 sqft

Lot

4,713 sqft lot

Built

1975

↓ Reduced from $1,100,000

About this home

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.

Exterior features

Gravel Driveway

Appliances

Gas Oven
Gas Range
Gas Water Heater
Refrigerator

Mechanical

Heating

Gas, Forced Air

Schools

District

Ithaca

Elementary

Belle Sherman

Tax & finance

Annual taxes

$18,613

Financing

Cash · Conventional

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.