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For sale
Single family properties
NY
Ithaca
14850
119 Linden Avenue

Collegetown Investment Property For Sale

119 Linden Avenue, Ithaca, NY 14850

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For Sale

Under Contract

$478,000

MULTI_FAMILY - Ithaca, NY

Property size:

1,100 SF

Price / SF:

$434/SF

HighLights

3‑bedroom, 2‑bath Collegetown District CR‑1 rental home with a basement and in‑home laundry
Fully rented for the 2026–2027 school year
Central air and forced‑air natural gas heating, with a gas water heater
Renovated kitchen with granite counters, full‑size cabinetry, ceramic tile floors, subway tile backsplash, and stainless steel appliances
Part of the main and upper levels plus hardwood floors and natural woodwork throughout
Off‑street parking with a large loose‑stone patio and a 1‑car garage for storage or vehicle use

We can help!

Contact an agent

Steven Saggese

For Sale

Under Contract

$478,000

MULTI_FAMILY - Ithaca, NY

Property size:

1,100 SF

Price / SF:

$434/SF

Added:: May 8, 2026
Days on Market:: 60
Last Refresh:: Jul 6 at 11:06 pm

Property Features for 119 Linden Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 2
Rooms: Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Patio and Porch features: Patio
Exterior features: Patio
Fireplace: 1
Appliances: GasWaterHeater
Standard status: Active Under Contract
APN: 500700-067-000-0003-019-000-0000
Size: 1,100 SF

Taxes and HOA fees

Tax Annual Amount: 11773

Utilities

Heating system: Forced Air, Natural Gas
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1935
Floors in Building: 2
Number of units: 1
Flooring type: Varies, Vinyl, Hardwood
Building materials: ShakeSiding, CopperPlumbing, PexPlumbing
Roof type: Asphalt, Shingle

We can help!

Contact an agent

Steven Saggese

Listing agent Steven Saggese License #30SA0532613

Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY

Listing date May 8, 2026

MLS# R1679701 Listing URL

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.

HighLights

3‑bedroom, 2‑bath Collegetown District CR‑1 rental home with a basement and in‑home laundry
Fully rented for the 2026–2027 school year
Central air and forced‑air natural gas heating, with a gas water heater
Renovated kitchen with granite counters, full‑size cabinetry, ceramic tile floors, subway tile backsplash, and stainless steel appliances
Part of the main and upper levels plus hardwood floors and natural woodwork throughout
Off‑street parking with a large loose‑stone patio and a 1‑car garage for storage or vehicle use

Overview

This Collegetown investment property is in excellent condition, featuring extensive updates throughout. It is fully rented for the 2026-2027 school year. Located just three blocks from the center of Collegetown and four blocks from campus, this property offers a prime rental location with strong tenant appeal. Tenants cover all utilities, including electric, gas, internet, and water. The landlord is responsible for snow removal and low-maintenance lawn care. The home includes three bedrooms and two full baths across two levels plus a basement. Off-street parking is available, along with a large loose stone patio that can accommodate additional parking, and a one-car garage for storage or vehicle use. The layout features formal living and dining rooms, one bedroom and one full bath on the main level, and two bedrooms with a second full bath upstairs. Natural woodwork and hardwood floors add charm and character throughout both levels. Major updates include heating, central air, windows, flooring, a renovated kitchen with granite counters, quality full-size cabinetry, ceramic tile floors, subway tile backsplash, and stainless steel appliances, along with fully renovated bathrooms and lower-level laundry. This property is a strong rental option for tenants seeking the privacy of a standalone home with modern finishes and amenities rather than an apartment building lifestyle. Zoned Collegetown District CR-1, this 1100-square-foot property is well suited for a first-time investor, an experienced investor seeking a solid Collegetown asset, or a parent planning for off-campus housing beginning with the 2027-2028 school year.

Property Profile Location Intelligence

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Single family properties

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Local Demand

City: Ithaca
County: Tompkins
State: New York
Longitude: -76.483814
Latitude: 42.438376

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For sale
Single family properties
NY
Ithaca
14850
119 Linden Avenue

What type of property is this?

Single family property - Updated investment property near campus, fully rented through 2027.

Where is this single family property located?

The property is located at 119 Linden Avenue Ithaca, NY.

What is the asking price?

The asking price for this property is $478,000.

What are key features of this property?

This property features: 3‑bedroom, 2‑bath Collegetown District CR‑1 rental home with a basement and in‑home laundry; Fully rented for the 2026–2027 school year; Central air and forced‑air natural gas heating, with a gas water heater

119 Linden Avenue, Ithaca, NY 14850

MULTI_FAMILY - Ithaca, NY

Property Features for 119 Linden Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

3-Unit Residential Income Property

Downtown Ithaca Winery Opportunity

Ithaca Commercial Property with Redevelopment Potential

Ithaca Multifamily Investment Opportunity

Established Restaurant Property in Ithaca

Architectural Apartments Near Cornell

Ithaca Two-Family Investment Property

Ithaca Multifamily Investment Opportunity

Ithaca Multi-Family Rental Property

Collegetown Multi-Family Residence

Duplex with Two 3-Bed Units

Three-Unit Income Property

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