benny.estate
For SaleMLS # R165034051 days on market

408-12 Hillview Place

Ithaca, NY 14850 · Tompkins County

Price

$1,350,000

Bed / Bath

13 bd · 5 ba

Interior

5,954 sqft

Lot

4,792 sqft lot

Built

1980

Garage

5-car

About this home

Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms. The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market. Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York’s most reliable rental markets.

Interior features

  • Ceiling Fans
  • Other
  • See Remarks
  • Storage
  • Natural Woodwork
  • Bedroom On Main Level

Appliances

  • Gas Water Heater

Mechanical

Heating

Electric, Gas, Baseboard, Forced Air

Schools

District

Ithaca

Elementary

South Hill

Middle

Boynton Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$25,654

Financing

Cash

Location

Ithaca, NY 14850 · Tompkins County

MLS Attribution

Listing courtesy of Berkshire Hathaway HomeServices Heritage Realty. Listing agent: Brian DeYoung. Data last updated 3/19/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.