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    Ithaca, NY Residential Income Properties for Sale

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    King Ferry, NY Trumansburg, NY Genoa, NY
    42 properties
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    Renovated Duplex in Ithaca's South Hill
    Updated: Jun 11, 2025
    Renovated Duplex in Ithaca's South Hill

    702 Hudson Street, Ithaca, NY 14850

    $535,000
    3,590 sqft · 0.19 AC lot
    Fully renovated duplex (2014) with modern finishes, ideal for owner‑occupancy or investment.
    Two units, one featuring 3 bedrooms/2 baths and the other boasting 6 bedrooms/2 baths, both fully furnished.
    Stainless steel appliances, granite countertops, custom tiled bathrooms, and in‑unit washer/dryer in both units are included.
    Located near Ithaca College's back entrance and the South Hill Recreation Trail.
    Strong rental potential, suitable for student housing or long‑term tenants.
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    This listing looks promising.

    Here's a quick look at some key insights for

    702 Hudson Street, Ithaca, NY 14850

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $48K
      Annual

    • Price @ 7% Cap

      $679K
      Above asking

    • Property Type

      Duplex
      Built 1968
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    3-Unit Residential Income Property
    Updated: Jun 2
    3-Unit Residential Income Property

    719 Hayts Road, Ithaca, NY 14850

    $675,000
    3,265 sqft · 2.99 AC lot
    3‑unit residential property in the Trumansburg School District, built in 2019
    Nearly 3 acres with 6 total bedrooms and 5 total bathrooms across the three units
    Unit mix: two units with 2 beds/2 full baths, and a middle unit with 2 beds/1 bath
    High‑efficiency heating and cooling: baseboard, electric, and ductless heating with ductless cooling
    Each unit includes a quick speed stackable washer and dryer, plus electric water heater and rented water softener
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    Ithaca Multifamily Investment Opportunity
    Ithaca Multifamily Investment Opportunity

    101-05 Giles Street, Ithaca, NY 14850

    $975,000
    4,839 sqft · 0.29 AC lot

    Well-maintained four-unit property near Cornell and Ithaca College.

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    Architectural Apartments Near Cornell
    Architectural Apartments Near Cornell

    119 Stewart Avenue, Ithaca, NY 14850

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

    Five units near Cornell University with architectural appeal.

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    Ithaca Two-Family Investment Property
    Ithaca Two-Family Investment Property

    9 Sanctuary Drive, Ithaca, NY 14850

    $750,000
    3,597 sqft · 0.34 AC lot

    Well-maintained two-family property in Ithaca's desirable Northeast neighborhood.

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    Ithaca Multifamily Investment Opportunity
    Ithaca Multifamily Investment Opportunity

    411 Dryden Road, Ithaca, NY 14850

    $995,000
    4,283 sqft · 0.16 AC lot

    Prime Collegetown location near Cornell University with strong rental potential.

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    Ithaca Multi-Family Rental Property
    Ithaca Multi-Family Rental Property

    580 King Road W, Ithaca, NY 14850

    $395,000
    2,964 sqft · 0.95 AC lot

    Multi-family rental property in Ithaca, NY with flexible layout.

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    Collegetown Multi-Family Residence
    Collegetown Multi-Family Residence

    505 Dryden Road, Ithaca, NY 14850

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

    Premier multi-family residence in Collegetown, near Cornell University.

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    Duplex with Two 3-Bed Units
    Duplex with Two 3-Bed Units

    180 Kendall Ave, Ithaca, NY 14850

    $440,000
    2,832 sqft · 0.48 AC lot

    Two separate duplex units each offer three bedrooms, making the property suitable for rental income or owner-occupancy setups.

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    Three-Unit Income Property
    Three-Unit Income Property

    524 Hayts Road, Ithaca, NY 14850

    $355,000
    2,678 sqft · 7.00 AC lot

    Fully occupied three-unit property with a circular driveway and converted garage creating two additional rental units.

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    Charming Ithaca Multi-Family Residence
    Charming Ithaca Multi-Family Residence

    505 E Seneca Street, Ithaca, NY 14850

    $549,000
    4,045 sqft · 0.19 AC lot

    Versatile property near Cornell, ideal for investment or single-family living.

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    Updated Ranch in Belle Sherman
    Updated Ranch in Belle Sherman

    106 Clover Lane, Ithaca, NY 14850

    $589,000
    2,258 sqft · 0.32 AC lot

    Updated 1960s ranch near Cornell with income-producing apartment.

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    Multi-Family Investment Property
    Multi-Family Investment Property

    410 Stewart Avenue, Ithaca, NY 14850

    $1,150,000
    3,997 sqft · 0.05 AC lot

    Solid multi-family with 15 bedrooms and parking for seven vehicles, offering a straightforward income property setup.

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    Large Duplex with Two Entrances
    Large Duplex with Two Entrances

    616 N Cayuga Street, Ithaca, NY 14850

    $625,000
    3,940 sqft

    A well-maintained duplex with separate utilities, insulated interiors, and in-unit washer/dryer hookups in a flexible layout.

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    Unique Duplex in Desirable Location
    Unique Duplex in Desirable Location

    134 Poole Road, Ithaca, NY 14850

    $395,000
    2,110 sqft · 1.40 AC lot

    Two-unit property with modern amenities and investment potential.

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    Turn-Key Duplex Near Cornell
    Turn-Key Duplex Near Cornell

    217 Snyder Hill Road, Ithaca, NY 14850

    $449,000
    2,288 sqft · 0.34 AC lot

    Updated duplex near universities, ideal for investors or owner-occupants.

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    Four-Unit Multifamily Property Near Colleges
    Four-Unit Multifamily Property Near Colleges

    316 S Aurora Street, Ithaca, NY 14850

    $690,000
    4,500 sqft · 0.05 AC lot

    Four-unit multifamily property near The Commons, Cornell, and Ithaca College.

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    Investment Property Near Cornell Law
    Investment Property Near Cornell Law

    708 E Seneca Street, Ithaca, NY 14850

    $925,000
    3,266 sqft

    Desirable investment property with excellent rental history near Cornell.

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    Ithaca Stone Residence Near Cornell
    Ithaca Stone Residence Near Cornell

    119 The Knoll, Ithaca, NY 14850

    $1,000,000
    3,598 sqft · 0.84 AC lot

    Stone residence near Cornell University, ideal for student housing.

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    Cornell Heights Duplex Investment Opportunity
    Cornell Heights Duplex Investment Opportunity

    150 Highland Avenue, Ithaca, NY 14850

    $349,000
    2,022 sqft · 2.50 AC lot

    Charming duplex near Cornell University, ideal for income property.

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    Ithaca Multifamily Investment Opportunity
    Ithaca Multifamily Investment Opportunity

    308 Fairmount Avenue, Ithaca, NY 14850

    $1,000,000
    2,358 sqft

    Seven units near Cornell University in Collegetown, Ithaca.

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    Ithaca Multifamily Property Near College
    Ithaca Multifamily Property Near College

    918 Danby Road, Ithaca, NY 14850

    $495,000
    2,859 sqft · 0.50 AC lot

    Two-unit multifamily property near Ithaca College and downtown.

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    Queen Anne Victorian Duplex
    Queen Anne Victorian Duplex

    414 W Seneca Street, Ithaca, NY 14850

    $439,000
    2,052 sqft · 0.12 AC lot

    Updated duplex near Ithaca Commons with original architectural details.

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    Ithaca Duplex Near Downtown
    Ithaca Duplex Near Downtown

    329 W Buffalo Street, Ithaca, NY 14850

    $379,000
    1,778 sqft · 0.10 AC lot

    Well-maintained duplex near downtown Ithaca with potential for conversion.

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    Ithaca, NY Residential Income Properties Market Trends and Statistics

    Explore 68 residential income properties for sale in Ithaca, NY, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 122,968 square feet of properties for sale, with an estimated market value of $25,596,400.

    Sale prices for residential income properties in Ithaca, NY start at $149,900, averaging $691,794, and reaching up to $1,885,000 — 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 40
    Duplexes 16
    Apartment buildings 10
    Triplexes 5
    Mobile home & RV parks 3

    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
    14850 $978.9K

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Ithaca, NY

    • 14850
    • 14882

    Featured Ithaca Real Estate Agencies

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    Pyramid Brokerage Company, Inc
    Ithaca, NY 14850
    www.pyramidbrokerage.com/

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