300 Kline Road, Ithaca, NY 14850
MULTI_FAMILY - Ithaca, NY
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 300 Kline Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 6, Bedroom 4, Basement, Bathroom 4, Bathroom 5
- Fireplace
- 1
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 503001-015-000-0001-001-001-0000
- Size
- 4,685 SF
- Lot size
- 0.76 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16262
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Carpet, Varies
- Building materials
- Frame
Listing agent Rio Lange License #10401301832 (607) 275-5600
Listing office Keller Williams Realty 126 W State St, Ithaca, NY (607) 275-5600
Listing date Jun 25, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
The home is positioned for privacy at the edge of Cayuga Heights, surrounded by mature woods and overlooking Lake View Cemetery. A path winds through the forest toward the neighboring cemetery. Outdoor living includes a screened porch and an open-air deck. An attached garage connects by a breezeway, with ample storage inside and out.
In addition to the main home, there is a separate lower-level apartment with its own entrance and patio. This apartment includes two bedrooms and a full bath, supporting a variety of living arrangements such as guests, multigenerational living, or rental income. The layout also offers versatility, with the primary suite and adjoining family room able to function as an in-law suite, depending on how you configure occupancy needs.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.8k | $19.80 |
| − Vacancy | −$4.2k | −$0.89 |
| EGI | $88.6k | $18.91 |
| − OpEx | −$26.6k | −$5.67 |
| NOI | $62.0k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.491936
- Latitude
- 42.456845
