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Ithaca, NY Apartment Buildings for Sale

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King Ferry, NY Trumansburg, NY Genoa, NY
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Ithaca Multifamily Investment Opportunity
Updated: Apr 17
Ithaca Multifamily Investment Opportunity

411 Dryden Road, Ithaca, NY 14850

$995,000
4,283 sqft · 0.16 AC lot
8‑bedroom, 4‑bath multi‑family residence
Located in Ithaca’s Collegetown neighborhood, steps from Cornell University
Year built: 1900
Zoned heating and zoned cooling
Public water source; natural gas hot water heater
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411 Dryden Road, Ithaca, NY 14850

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Architectural Apartments Near Cornell
Updated: May 7
Architectural Apartments Near Cornell

119 Stewart Avenue, Ithaca, NY 14850

$1,100,000
3,851 sqft · 0.11 AC lot
5‑unit building with 10 bedrooms and 6 baths, including one 4‑bedroom unit, two 2‑bedroom units, and two 1‑bedroom units
Hardwood floors and high ceilings with open floor plans and large windows for natural light
Laundry available and off‑street parking plus a bus stop at the door
Natural gas heating; gas water heater; includes ceiling fans
Kitchen appliances include refrigerator, gas range, gas oven, and dishwasher
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Ithaca Multifamily Investment Opportunity
Ithaca Multifamily Investment Opportunity

308 Fairmount Avenue, Ithaca, NY 14850

$1,000,000
2,358 sqft

Seven units near Cornell University in Collegetown, Ithaca.

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Approved Project Near Ithaca
Approved Project Near Ithaca

Cayuga Vista Drive, Lansing, NY 14882

$350,000
3.06 AC lot

Approved 16-unit apartment complex project near Cornell University.

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Ithaca Multifamily Investment Opportunity
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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Architectural Apartments Near Cornell
Architectural Apartments Near Cornell

119 Stewart Ave, Ithaca, NY 14850

$1,100,000
3,851 sqft

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

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Collegetown Multifamily Investment Opportunity
Collegetown Multifamily Investment Opportunity

308 Fairmount Ave, Ithaca, NY 14850

$1,000,000
2,358 sqft

Seven units near Cornell University in desirable Collegetown location.

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Ithaca Multifamily Apartment Building
Ithaca Multifamily Apartment Building

526 W Seneca St, Ithaca, NY 14850

$525,000
4,577 sqft

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

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Ithaca Multifamily Investment Opportunity
Ithaca Multifamily Investment Opportunity

204 Fair St, Ithaca, NY 14850

Contact for pricing
90,165 sqft

Multifamily portfolio in Ithaca, NY with redevelopment potential.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

14-Unit Student Housing Investment
14-Unit Student Housing Investment

112 Groton Avenue, Cortland, NY 13045

$2,950,000
11,520 sqft · 1.16 AC lot

Professionally managed 14-unit portfolio near SUNY Cortland with three-bedroom layouts, parking, and common laundry.

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Five-Unit Income Property
Five-Unit Income Property

211 Main Street, Newfield, NY 14867

$369,000
3,820 sqft · 0.32 AC lot

Investment opportunity: two buildings, five units in Newfield, NY.

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Newfield Income Property For Sale
Newfield Income Property For Sale

211 Main Street, Newfield, NY 14867

$369,000
3,820 sqft · 0.32 AC lot

Five-unit residential income property in Newfield, NY.

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Student Apartment Investment Building
Student Apartment Investment Building

112 Groton Ave, Cortland, NY 13045

$2,950,000

Well-maintained 14-unit portfolio near SUNY Cortland with coin laundry and 42 on-site parking spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft · 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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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.

808 Seneca St
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 10 apartment buildings for sale in Ithaca, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 21,278 square feet of properties for sale, with an estimated market value of $5,720,000.

Sale prices for two-family homes in Ithaca, NY start at $525,000, averaging $953,333, and reaching up to $1,100,000 — 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 $2.5M

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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