Advertise
    Ithaca, NY
    Multifamily

    Ithaca, NY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Trumansburg, NY Interlaken, NY Genoa, NY King Ferry, NY Ovid, NY Freeville, NY Locke, NY Groton, NY
    62 properties
    Sort:
    Four-Unit Property with Bungalow
    Updated: Jul 6
    Four-Unit Property with Bungalow

    327 Coddington Road, Ithaca, NY 14850

    $510,000
    4,056 sqft 0.84 AC lot
    Four residential units distributed between a main house and detached two‑story bungalow
    4,056 square feet on 0.84 acres; built in 1945
    Owner’s residence includes maple cabinetry, granite counters, breakfast bar, and brick fireplace
    Covered patio, porch, sliding glass doors, and natural woodwork
    Two tenants secured through July 2027
    View details
    Wooded Duplex with Separate Apartment
    Updated: Jun 25
    Wooded Duplex with Separate Apartment

    300 Kline Road, Ithaca, NY 14850

    $719,000
    4,685 sqft 0.76 AC lot
    4,685‑square‑foot duplex on 0.76 acres
    Separate lower‑level apartment with private entrance, patio, two bedrooms, and full bath
    Seven bedrooms across the primary residence and apartment
    Finished walkout lower level with recreation room and direct outdoor access
    Wood‑burning fireplace, cathedral ceilings, skylights, and hardwood floors
    View details
    14-Bedroom Apartment Building
    14-Bedroom Apartment Building

    306 Stewart Avenue, Ithaca, NY 14850

    $975,000
    4,507 sqft 0.02 AC lot

    Multi-unit rental property near Cornell University with multiple kitchens, shared areas, and a patio and porch.

    View details
    See what stands out in Tompkins County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Leased Eight-Bedroom Multifamily Property
    Leased Eight-Bedroom Multifamily Property

    133 Linden Avenue, Ithaca, NY 14850

    $995,000
    2,510 sqft

    Fully occupied rental property near Cornell University with CR3 zoning supporting three-story construction.

    View details
    3-Unit Triplex with Garages
    3-Unit Triplex with Garages

    719 Hayts Road, Ithaca, NY 14850

    $675,000
    3,265 sqft 2.99 AC lot

    2019 construction offers six bedrooms, five bathrooms, and updated finishes across three residential units.

    View details
    Renovated Downtown Duplex
    Renovated Downtown Duplex

    137 Fayette Street, Ithaca, NY 14850

    $650,000
    1,792 sqft 0.10 AC lot

    Two flexible living units combine updated interiors, private residential space, and supplemental rental potential in downtown Ithaca.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    707 Ridge Road, Lansing, NY 14882

    $489,000
    3,224 sqft 2.55 AC lot

    Finished lower levels and individual decks complement the two-bedroom, two-bath layouts.

    View details
    8-Bedroom Multifamily Rental Home
    8-Bedroom Multifamily Rental Home

    129 Linden Avenue, Ithaca, NY 14850

    $995,000
    2,402 sqft

    Fully leased rental property near Cornell University with CR3 zoning and three-story redevelopment potential.

    View details
    Triplex with Finished Basements
    Triplex with Finished Basements

    703 Ridge Road, Lansing, NY 14882

    $489,000
    3,224 sqft 1.89 AC lot

    Three residential units include decks, laundry hookups, and full finished basements.

    View details
    Triplex with Eight Off-Street Parking Spaces
    Triplex with Eight Off-Street Parking Spaces

    505 Dryden Road, Ithaca, NY 14850

    $1,000,000
    4,318 sqft 0.02 AC lot

    Triplex on a small lot with eight off-street parking spaces, public water, zoned heating and cooling, and an asphalt roof.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    506 E Seneca Street, Ithaca, NY 14850

    $675,000
    4,168 sqft

    Historic-district apartment property with repainted exterior siding and dedicated parking.

    View details
    8-Bedroom Triplex with Zoned HVAC
    8-Bedroom Triplex with Zoned HVAC

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft 0.16 AC lot

    Triplex residence with eight bedrooms and four bathrooms, zoned heating and cooling, plus public water at 411 Dryden Road.

    View details
    Renovated Duplex with Deck
    Renovated Duplex with Deck

    580 King Road W, Ithaca, NY 14850

    $395,000
    2,964 sqft 0.95 AC lot

    Fully occupied rental property with updated appliances, individual laundry, and separate electric metering for the two main living areas.

    View details
    10-Bedroom Multifamily Property
    10-Bedroom Multifamily Property

    116 Cook Street, Ithaca, NY 14850

    $895,000
    2,973 sqft

    Room-by-room rental configuration near Cornell University with CR-3 zoning.

    View details
    Duplex with Separate Utilities
    Duplex with Separate Utilities

    616 N Cayuga Street, Ithaca, NY 14850

    $599,000
    3,940 sqft

    Two-unit layout includes front porches, finished attic space, and individually metered utility service.

    View details
    Seven-Unit Apartment Building with Coin Laundry
    Seven-Unit Apartment Building with Coin Laundry

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven units with coin laundry on site, featuring four one-bedroom and three two-bedroom apartments in a 1925 building.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    119 Stewart Avenue, Ithaca, NY 14850

    $1,100,000
    3,851 sqft

    Apartments feature hardwood floors, on-site laundry, off-street parking, and direct bus service.

    View details
    Duplex with Detached Tenant House
    Duplex with Detached Tenant House

    1115 Danby Road, Ithaca, NY 14850

    $499,000
    2,476 sqft 1.10 AC lot

    The property includes a primary residence and separate rental dwelling with updated roofs and public water.

    View details
    Four-Bedroom Duplex with Attached Garages
    Four-Bedroom Duplex with Attached Garages

    148 TROY RD, Ithaca, NY 14850

    $645,000
    3,980 sqft

    Two separate residences offer flexible layouts, finished lower levels, decks, and private two-car garages.

    View details
    Top and Bottom Duplex
    Top and Bottom Duplex

    158 Troy Road, Ithaca, NY 14850

    $449,000
    2,981 sqft 0.99 AC lot

    Top and bottom duplex with three bedrooms and 1.5 baths per unit on public water service.

    View details
    Quadplex with On-Site Parking
    Quadplex with On-Site Parking

    316 S AURORA ST, Ithaca, NY 14850

    $690,000
    4,500 sqft

    Four-unit property with two tax parcels, varied apartment layouts, and resident laundry income.

    View details
    Triplex with Deck and Porch
    Triplex with Deck and Porch

    708 E Seneca Street, Ithaca, NY 14850

    $925,000
    3,266 sqft

    Triplex built in 1913 with a spacious backyard, deck, front porch, driveway parking, and flexible 4- and 3-bedroom layout.

    View details
    Multifamily Portfolio with Retail
    Multifamily Portfolio with Retail

    327 Eddy Street, 401 Eddy St., 311 Eddy St., 109 Dryden Rd., Ithaca, NY 14850

    $16,129,032
    16,750 sqft

    The assemblage combines street-level retail with apartments across four neighboring buildings.

    View details
    5-Unit Multifamily Building
    5-Unit Multifamily Building

    119 Stewart Avenue, Ithaca, NY 14850

    $1,100,000
    3,851 sqft 0.11 AC lot

    Freestanding 5-unit multifamily with hardwood floors, in-unit laundry, off-street parking, and deck and porch.

    View details

    Ithaca, NY Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Ithaca, NY, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 293,836 square feet of properties for sale, with an estimated market value of $61,361,932.

    Sale prices for multifamily properties in Ithaca, NY start at $110,000, averaging $1,252,284, and reaching up to $16,129,032 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 25
    Apartment buildings 17
    Triplexes 11
    Quadplexes 6
    Mobile home & RV parks 1

    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
    Webster - 14580 $398K
    Ithaca - 14850 $1.2M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Tompkins County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Ithaca, NY

    Popular Searches in Ithaca, NY

    Popular Categories

    Most Searched ZIP Codes in Ithaca, NY

    • 14850
    • 14882
    • 14580

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!