An exceptional investment opportunity in one of Cornell University’s most sought-after locations. This impeccably maintained single-family residence seamlessly blends timeless charm with thoughtful modern updates. Currently leased for the 2026-2027 academic year, this turnkey property offers immediate, reliable income while showcasing the quality and care discerning investors value. Tenants pay utilities seperately. Off-street parking.
The inviting interior is filled with natural light and accented by rich hardwood floors, creating a warm and sophosticated atmosphere throughout.
Extensive improvements include the addition of a beautifully designed second full bathroom and dormer, a tastefully renovated kitchen, updated electrical service, replacement windows, newer HVAC systems including central air, and a newer washer/dryer-providing both comfort and long-term peace of mind.
With three spacious bedrooms, two full bathrooms, and a prime location just moments from Cornell University, this residence continues to attract strong tenant demand year after year. A rare offering that combines enduring quality, exceptional upkeep, and proven investment performance, this is an outstanding opportunity to own a premier income-producing property in one of Ithaca’s most desirable rental markets.
The inviting interior is filled with natural light and accented by rich hardwood floors, creating a warm and sophosticated atmosphere throughout.
Extensive improvements include the addition of a beautifully designed second full bathroom and dormer, a tastefully renovated kitchen, updated electrical service, replacement windows, newer HVAC systems including central air, and a newer washer/dryer-providing both comfort and long-term peace of mind.
With three spacious bedrooms, two full bathrooms, and a prime location just moments from Cornell University, this residence continues to attract strong tenant demand year after year. A rare offering that combines enduring quality, exceptional upkeep, and proven investment performance, this is an outstanding opportunity to own a premier income-producing property in one of Ithaca’s most desirable rental markets.
Property Details
Price:
$590,000
MLS #:
S1704387
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
University Hill Ithaca
Neighborhood:
ithacacity500700
Listed Date:
Aug 4, 2026
Finished Sq Ft:
1,008
Total Sq Ft:
1,008
Lot Size:
4,300 sqft / 0.10 acres (approx)
Year Built:
1940
See this Listing
Schools
School District:
Ithaca
Interior
Appliances
Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood, Tile, Varies
Heating
Gas, Forced Air
Interior Features
Separate Formal Dining Room, Bedroom On Main Level
Laundry Features
In Basement
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Cape Cod
Construction Materials
Fiber Cement
Exterior Features
Blacktop Driveway
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
No Garage
Financial
Taxes
$12,816
Map
Community
- Address123 Linden Avenue Ithaca City NY
- CityIthaca City
- CountyTompkins
- Zip Code14850
Subdivisions in Ithaca City
Market Summary
Current real estate data for Single Family in Ithaca City as of Sep 04, 2026
7
Single Family Listed
92
Avg DOM
249
Avg $ / SqFt
$335,557
Avg List Price
Property Summary
- 123 Linden Avenue Ithaca City NY is a Single Family for sale in Ithaca City, NY, 14850. It is listed for $590,000 and features 3 beds, 2 baths, and has approximately 1,008 square feet of living space, and was originally constructed in 1940. The current price per square foot is $585. The average price per square foot for Single Family listings in Ithaca City is $249. The average listing price for Single Family in Ithaca City is $335,557.
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Courtesy of Berkshire Hathaway HomeServices Heritage Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 123 Linden Avenue
Ithaca City, NY