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    937 E State St Ithaca, NY 14850

    For Sale
    $699,000

    MULTI_FAMILY - Other - Ithaca, NY

    Property size:
    1,920 SF
    Days on Market:
    51
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 937 E State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Basement, Bedroom 2, Bedroom 7, Bathroom 2
    Bedrooms
    7
    Bathrooms
    3
    APN
    89.-3-12
    Parking features
    Garage
    Patio and Porch features
    Deck, Patio
    Interior features
    Attic
    Exterior features
    Deck, Patio
    Fireplace
    1
    Appliances
    GasWaterHeater
    Size
    1,920 SF

    Utilities

    Heating system
    Forced Air, Natural Gas, Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Tile, Varies, Vinyl, Laminate
    Building materials
    WoodSiding
    Roof type
    Metal
    Architectural style
    Other

    Warren Real Estate (607) 257-0666 [email protected]

    Listing agent Jill Burlington (607) 257-0666 License #30BU0950986

    Listing date Oct 20, 2025

    Copyright © 2025 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

    Two Homes on One Parcel

    Located at 937 State Street in Ithaca, NY, this property presents a unique opportunity with two homes situated on a single parcel. The property is suitable for multi-generational living, generating rental income, or as an investment. Its location offers strong rental potential due to its proximity to Cornell University. The primary residence contains two apartments, each featuring 2 bedrooms and one full bathroom. The lower apartment also includes a wood-burning fireplace. The apartments feature wood floors and ample natural light. The second home includes 3 bedrooms and one full bathroom, along with a large second floor. An attached garage provides covered parking and additional storage space. The property is conveniently located near Cornell University, Downtown Ithaca, shopping, dining, and other amenities. The total property size is 1920 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.484571
    Latitude
    42.435442

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    FAQs

    What type of property is this?
    Apartment building - Two homes on one parcel near Cornell University, great investment!
    Where is this apartment building located?
    The property is located at 937 E State St Ithaca, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Two homes on one parcel: Ideal for multi-generational living, rental income, or investment.; - Strong rental potential due to proximity to Cornell University.; - Primary residence features two apartments, each with 2 beds and 1 bath.
    (607) 257-0666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    937 E State St Ithaca, NY 14850
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