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218 Pleasant St, Ithaca, NY, 14850

3beds
1baths
1,365sqft
$355,365
$260price/sqft
$2,773/moest. monthly cost
$110,920/yrincome needed

About This Home

Rare investment opportunity in the City of Ithaca! This well-maintained 3-bedroom, 1-bath home is ideally positioned in the highly desirable South Hill neighborhood and is being offered as part of a larger investment package with 115 and 117 Prospect Street. What makes this property especially valuable is that it provides the parking area serving all three properties, creating a unique portfolio acquisition opportunity for investors seeking stable income and long-term appreciation in one of Ithaca's strongest rental markets. Located just minutes from Downtown Ithaca, South Works, Ithaca College, Cornell University, and major employment centers, the property offers exceptional convenience for tenants. Features include a first-floor bedroom, formal dining room, covered front porch, full basement for storage, public utilities, and off-street parking. The home has been well cared for and is currently tenant-occupied. Walkable to schools, trails, public transportation, shopping, dining, and downtown amenities, this property combines location, functionality, and investment potential. Whether purchased as part of the complete portfolio or evaluated for its strategic role supporting the neighboring Prospect Street properties, 218 Pleasant Street represents a rare opportunity in the Ithaca real estate market.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

9/10
South Hill SchoolGrades PK-50.2 mi
8/10
Boynton Middle SchoolGrades 6-81.7 mi
9/10
Ithaca Senior High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1880

Materials

  • Foundation: Stone
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Oven,Refrigerator,See Remarks,Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Separate/Formal Dining Room,Storage,Bedroom on Main Level
  • Flooring: Laminate,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,365
  • Total interior livable area: 1,365 sqft

Property

Details

  • Parcel number: 50070008100000080180000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Porch
  • Exterior features: Gravel Driveway

Lot

  • Lot size: 3,524 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 47 x 75

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
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Tompkins County and New York

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $1,796$21,552
Home Insurance *$107$1,284
Property Taxes $624$7,488
Electricity $246$2,954
Total$2,773$33,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,074/yr
40% on housing$83,190/yr
45% on housing$73,946/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 14850$230
Tompkins County$216

vs Homes Sold Last Month

Median $/sqft

ZIP 14850$215
Tompkins County$180

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

DateEventPrice
2026-06-19Listed for sale$355,365
2024-04-17Listing removed--
2024-01-07Price change$2,250
2023-06-05Listed for rent$2,040
2021-03-24Listing removed--
2020-07-09Listing removed$1,950
2019-09-08Listed for rent$1,950
2018-10-15Listing removed$1,950
2018-09-13Listed for rent$1,950
2017-10-27Listing removed$1,950
2017-09-26Listed for rent$1,950

For Sale by Agent

AgentBrian DeYoung
BrokerageBerkshire Hathaway HomeServices Heritage Realty

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