133 Linden Ave, Ithaca, NY, 14850
About This Home
Positioned within walking distance to the vibrant center of Cornell University’s Collegetown, this fully leased 8-bedroom rental property offers a rare investment opportunity with remarkable income potential. With proximity to one of the nation’s most prestigious institutions, the property is ideally situated to attract consistent demand from students and faculty alike. Currently generating steady rental income and fully occupied through the 2025 school year, this property delivers immediate cash flow. But it doesn’t stop there—the potential for value-add improvements makes this a prime opportunity for savvy investors to increase returns. Adjacent property at 129 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1975
Materials
- Roof: Asphalt,Shingle
- Construction materials: Composite Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Single Family Residence
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator
Basement
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 2
Features
- Flooring: Laminate,Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
Property
Details
- Parcel number: 50070006700000030250000000
- Special condition: Standard
Features
- Stories: 3
- Exterior features: Gravel Driveway
Lot
- Lot size: 4,713 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot
- Lot size dimensions: 49 x 96
Parking
- Parking features: Three or more Spaces,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Tompkins County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $331 | $3,972 |
| Property Taxes | $1,934 | $23,208 |
| Electricity | $414 | $4,977 |
| Total | $8,241 | $98,892 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listing removed | $7,520 |
| 2025-01-09 | Listed for sale | $1,100,000 |
| 2024-12-16 | Listed for rent | $7,520 |
| 2024-04-19 | Listing removed | -- |
| 2024-03-10 | Listed for rent | $7,520 |
| 2019-10-04 | Listing removed | $6,640 |
| 2019-09-03 | Listed for rent | $6,640 |
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