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    Ithaca Multifamily Investment Opportunity Title is generated by Realmo AI

    308 Fairmount Avenue, Ithaca, NY 14850

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    Claim this Listing
    For Sale
    $1,000,000

    MULTI_FAMILY - Ithaca, NY

    Property size:
    2,358 SF
    Price / SF:
    $424/SF
    Added:
    May 7, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 27 at 9:06 pm

    Property Features for 308 Fairmount Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Rooms
    Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Basement, Bedroom 7, Bedroom 6, Bedroom 2
    Parking features
    Garage
    Interior features
    CeilingFans
    Exterior features
    ConcreteDriveway
    Appliances
    GasOven, GasRange, GasWaterHeater, Refrigerator
    Standard status
    Active
    APN
    500700-067-000-0006-002-000-0000
    Size
    2,358 SF

    Taxes and HOA fees

    Tax Annual Amount
    22550

    Utilities

    Heating system
    Natural Gas, Baseboard, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    7
    Flooring type
    Tile, Varies, Vinyl, Hardwood
    Building materials
    Stone, Stucco, WoodSiding
    Roof type
    Asphalt, Tile, Slate

    We can help!

    Contact an agent
    Kathleen M Markowski

    Listing agent Kathleen M Markowski License #30MA0818780

    Listing office Warren Real Estate of Ithaca Inc. 830 Hanshaw Rd, Ithaca, NY

    Listing date May 7, 2026

    MLS# R1679498 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

    • 7‑unit property in an upper Collegetown area, with flat walking distance to Cornell and seconds from the Collegetown hub
    • Unit mix: four 1‑bedroom and three 2‑bedroom apartments
    • On‑site coin laundry and furnished options available
    • Appliances include gas oven, gas range, gas water heater, and refrigerator
    • Heating includes natural gas with baseboard and hot water heating
    • Roof materials include asphalt, tile, and slate; construction includes stone, stucco, and wood siding

    Overview

    This multifamily property, located in the upper Collegetown area of Ithaca, New York, presents an investment opportunity. The property contains seven units, consisting of four 1-bedroom apartments and three 2-bedroom apartments. The apartments are described as bright and unique. Located on a quiet street, the property is within walking distance of Cornell University and the Collegetown hub. The building offers on-site coin laundry and a limited number of off-street parking spaces. The property contains 2,358 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.480648
    Latitude
    42.44065

    FAQs

    What type of property is this?
    Apartment building - Seven units near Cornell University in Collegetown, Ithaca.
    Where is this apartment building located?
    The property is located at 308 Fairmount Avenue Ithaca, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 7‑unit property in an upper Collegetown area, with flat walking distance to Cornell and seconds from the Collegetown hub; Unit mix: four 1‑bedroom and three 2‑bedroom apartments; On‑site coin laundry and furnished options available
    More about this property
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