Ithaca, NY Apartment Buildings for Sale

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14 properties

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Updated: Jul 10

14-Bedroom Apartment Building

306 Stewart Avenue, Ithaca, NY 14850

$975,000

4,507 sqft 0.02 AC lot

4,507 square feet with 14 bedrooms and 5 bathrooms
Multiple kitchens and shared living areas
Located near Cornell University in Ithaca
0.02‑acre lot with driveway parking
Patio and porch included

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This listing looks promising.

Here's a quick look at some key insights for

306 Stewart Avenue, Ithaca, NY 14850

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Est. Cap Rate

5.7%
NOI ÷ price
Est. NOI

$55K
Annual
Price @ 7% Cap

$790K
Suggested
Property Type

Apartments (Generic)
Built 1980

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Updated: May 7

Seven-Unit Apartment Building with Coin Laundry

308 Fairmount Avenue, Ithaca, NY 14850

$1,000,000

2,358 sqft

Seven‑unit apartment building
Four one‑bedroom units and three two‑bedroom units
Coin laundry on site
Built in 1925 with stone, stucco and wood siding
Natural gas hot water heating with baseboard

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5-Unit Multifamily Building

119 Stewart Avenue, Ithaca, NY 14850

$1,100,000

3,851 sqft 0.11 AC lot

Freestanding 5-unit multifamily with hardwood floors, in-unit laundry, off-street parking, and deck and porch.

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Architectural Apartments Near Cornell

119 Stewart Ave, Ithaca, NY 14850

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3,851 sqft

Five-unit apartment building near Cornell University with ten bedrooms.

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Collegetown Multifamily Investment Opportunity

308 Fairmount Ave, Ithaca, NY 14850

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2,358 sqft

Seven units near Cornell University in desirable Collegetown location.

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Ithaca Multifamily Investment Opportunity

204 Fair St, Ithaca, NY 14850

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90,165 sqft 6.88 AC lot

Multifamily portfolio in Ithaca, NY with redevelopment potential.

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24-Bedroom Apartment Building

116 FERRIS PL, Ithaca, NY 14850

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8,902 sqft

Large multifamily building offers multiple apartment layouts, including several 1- to 5-bedroom units.

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Multifamily Investment with Garage

408-12 Hillview Place, Ithaca, NY 14850

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5,954 sqft

Three multifamily buildings on one tax parcel offer 16 bedrooms and off-street parking plus a five-bay garage.

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Ithaca Multifamily Apartment Building

526 W Seneca St, Ithaca, NY 14850

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4,577 sqft

Five-unit apartment building in Ithaca's West End.

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Five-Unit Apartment Building with Parking

218 Delaware Avenue, Ithaca, NY 14850

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5,154 sqft

Five rental units with off-street parking and varied unit layouts totaling 19 bedrooms and two baths.

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Historic Seven-Unit Apartment Building

210 Delaware Avenue, Ithaca, NY 14850

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8,018 sqft

Seven-apartment building totaling 19 bedrooms, with recent window replacements and porch repairs.

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Ithaca Multifamily Investment Opportunity

Graduate Drive, Varna, NY 14850, Ithaca, NY 14850

$12,000,000

199-unit multifamily property near Cornell University in Ithaca, NY.

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Multifamily Portfolio with Adjacent Land

39 Village Cir, Ithaca, NY 14850

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95.00 AC lot

Portfolio includes 42 apartments that are 100% occupied and approximately 95 acres of adjacent land.

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42-Unit Apartment Building

9 Village Cir, Ithaca, NY 14850

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Forty-two apartment units with recent hallway updates, generally near full occupancy and a strong collection history.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 14 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Two-Building Apartment Property

211 Main Street, Newfield, NY 14867

$330,000

3,820 sqft 0.32 AC lot

Two separate residential buildings total five units, with four one-bedroom apartments offering private entrances plus a standalone one-bedroom bungalow.

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Two-Building Apartment with 5 Units

211 Main Street, Newfield, NY 14867

$330,000

3,820 sqft 0.32 AC lot

Two separate residential buildings on a 0.32-acre parcel, totaling five one-bedroom units with private entrances.

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13-Unit Apartment Building

211 TOMPKINS ST, Cortland, NY 13045

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12,500 sqft 0.66 AC lot

Built in 1994 and located minutes from SUNY Cortland, downtown Cortland, and Interstate 81.

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13-Unit Apartment Building

41 Prospect Terrace, Cortland, NY 13045

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12,874 sqft

Multifamily property configured with thirteen apartments and thirty-three beds in Cortland.

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Off-Market Properties in Ithaca, NY

Consider similar Off-Market properties in Ithaca, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

808 Seneca St, Ithaca, NY 14850

Value Estimation by Request

4,150 sqft

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Ithaca, NY Apartment Buildings Market Trends and Statistics

Explore 15 apartment buildings for sale in Ithaca, NY, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 139,695 square feet of properties for sale, with an estimated market value of $15,075,000.

Sale prices for two-family homes in Ithaca, NY start at $975,000, averaging $3,768,750, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 73K

Population Growth (5Y) -2.9%

Median Household Income $71,184

College Educated 58.0%

High-Yield Neighborhoods for Investment

Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
14850	$3.8M

Taxes & Financing

Tax Rate (average for all types) 0.85%

Property Tax per SF $21.37 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tompkins County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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