214 Delaware Ave, Ithaca, NY, 14850
About This Home
Prime Collegetown Investment & Housing Opportunity! Just a few blocks from the heart of Cornell University’s Collegetown, this spacious residence offers an ideal blend of investment potential and practical living. Legal for five unrelated occupants, the home currently features six full bedrooms plus two additional bonus rooms on the third floor—perfect for home offices, study areas, or walk-in closets. Inside, the home retains classic character with hardwood floors throughout the entry, living, and dining rooms, creating warm and inviting shared spaces. A covered front porch provides a welcoming entry and a place to relax outdoors. With 1.5 bathrooms, a full basement with laundry, and abundant living space, the layout is highly functional for student housing or shared living arrangements. A standout feature is the expansive parking lot, rare in Collegetown, with space to accommodate 6–8 vehicles—a tremendous value-add for residents and an additional draw for investors focused on maximizing rental appeal. Whether you’re a Cornell parent seeking secure, long-term housing for your student, or an investor looking for a strong-performing rental in one of Ithaca’s most sought-after locations, this property delivers. Its combination of size, location, and amenities makes it a rare find in today’s market.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1980
Materials
- Foundation: Poured
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Eat-in Kitchen,Furnished,Separate/Formal Living Room,Living/Dining Room
- Flooring: Carpet,Hardwood,Varies,Vinyl
Heating
- Heating features: Gas,Hot Water
Interior Area
- Total structure area: 2,044
- Total interior livable area: 2,044 sqft
Property
Details
- Parcel number: 50070006700000030040000000
- Special condition: Standard
Features
- Stories: 3
- Patio & porch: Open,Porch
- Exterior features: Blacktop Driveway
Lot
- Lot size: 5,780 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 57 x 100
Parking
- Parking features: 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 | $2,502 | $30,024 |
| Home Insurance * | $149 | $1,788 |
| Property Taxes | $870 | $10,440 |
| Electricity | $337 | $4,053 |
| Total | $3,858 | $46,296 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-15 | Listed for sale | $495,000 |
| 2025-09-12 | Contingent | $495,000 |
| 2025-08-28 | Listed for sale | $495,000 |
| 2025-05-28 | Listing removed | $4,400 |
| 2025-04-27 | Listed for rent | $4,400 |
| 2025-02-17 | Listing removed | $4,525 |
| 2025-01-15 | Listed for rent | $4,525 |
| 2019-09-27 | Listing removed | $4,525 |
| 2019-08-27 | Listed for rent | $4,525 |
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