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    Ithaca, NY Residential Income Properties for Sale

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    7-Unit Apartment Building
    Updated: Sep 29
    7-Unit Apartment Building

    315 S Albany Street, Ithaca, NY 14850

    $845,000
    5,606 sqft 0.18 AC lot
    Seven leased apartments, with leases extending into 2027
    Unit mix: three studios, three one‑bedroom apartments, and one two‑bedroom apartment
    5,606 square feet on a 0.1837‑acre site; built in 1874
    Historic details include stained glass, built‑ins, hardwood floors, and a marble fireplace
    Walk‑up attic, walkout basement, and off‑street parking for multiple vehicles
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    14-Bedroom Apartment Building
    Updated: Jul 10
    14-Bedroom Apartment Building

    306 Stewart Avenue, Ithaca, NY 14850

    $955,000
    4,507 sqft 0.02 AC lot
    14 bedrooms and 5 bathrooms
    Multiple kitchens within a multi‑unit residential configuration
    Near Cornell University on Stewart Avenue
    0.02‑acre parcel
    1900 construction date
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    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.

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    7-Unit Victorian Apartment Building
    7-Unit Victorian Apartment Building

    502 N Tioga St, Ithaca, NY 14850

    $1,100,000
    5,655 sqft

    Original interior details complement updated building systems, coin-operated laundry, and off-street parking.

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    Two-Unit Duplex with Lofts
    Two-Unit Duplex with Lofts

    134 Poole Road, Ithaca, NY 14850

    $379,000
    2,110 sqft 1.40 AC lot

    Side-by-side residences offer separate utilities, private balconies, laundry facilities, and updated kitchens with stainless steel appliances.

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    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.

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    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.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    426 Winthrop Dr, Ithaca, NY 14850

    $1,575,000
    11,562 sqft

    Brick multifamily property with air conditioning, resident storage, laundry facilities, and off-street parking.

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    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.

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    8-Bedroom Triplex
    8-Bedroom Triplex

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft 0.16 AC lot

    Wood-sided triplex with natural woodwork, zoned cooling, and a gas water heater.

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    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.

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    Quadplex with Detached Bungalow
    Quadplex with Detached Bungalow

    327 Coddington Road, Ithaca, NY 14850

    $499,900
    4,056 sqft 0.84 AC lot

    Owner’s residence and three additional units create a flexible multi-unit configuration.

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    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.

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    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.

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    Two-Unit Duplex with Updated Flooring
    Two-Unit Duplex with Updated Flooring

    158 Troy Road, Ithaca, NY 14850

    $399,000
    2,981 sqft 0.99 AC lot

    Top-and-bottom configuration offers separate living spaces with natural-gas heating and public water service.

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    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.

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    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.

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    Duplex with Private Yard
    Duplex with Private Yard

    580 King Road W, Ithaca, NY 14850

    $375,000
    2,964 sqft 0.95 AC lot

    Both residences have their own washer and dryer, with separate basement areas on each side.

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    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.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven apartments near Cornell feature varied layouts, on-site laundry, furnished options, and limited off-street parking.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    158 E State, Ithaca, NY 14850

    $1,845,000
    6,670 sqft

    Four-story mixed-use building with fully leased retail, business service, and apartment floors.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    119 Stewart Avenue, Ithaca, NY 14850

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

    Five residences feature hardwood floors, high ceilings, laundry, and off-street parking.

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    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.

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    Triplex with Flexible Floor Plan
    Triplex with Flexible Floor Plan

    708 E Seneca Street, Ithaca, NY 14850

    $925,000
    3,266 sqft

    Three-bedroom and four-bedroom layouts support whole-house leasing or separate-unit use.

    View details

    Ithaca, NY Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Ithaca, NY, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 207,612 square feet of properties for sale, with an estimated market value of $60,763,932.

    Sale prices for residential income properties in Ithaca, NY start at $310,000, averaging $1,320,955, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 53
    Duplexes 17
    Apartment buildings 15
    Triplexes 8
    Quadplexes 6

    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 $1.4M

    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 Residential Income pricing trends in Tompkins County

    Residential Income

    Property Size Breakdown

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

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