Home Highlights
Outdoor
Deck
Price/Sqft
$414
Climate Control
Forced Air, Natural Gas Heating
Listed
180+ days ago
Local Information
-- mins to
About this House
Discover a rare opportunity to own a fully-leased, income-generating 8-bedroom rental home located just steps away from the heart of Cornell University's vibrant Collegetown in Ithaca, NY. This prime investment property is perfectly positioned to capitalize on the strong demand for student housing, offering consistent cash flow and significant upside potential through strategic value-add enhancements. Adjacent property at 133 Linden Ave is also for sale. Both properties benefit from flexible CR3 zoning allowing for 3 stories of construction for future redevelopment.
Last check for updates: about 16 hours ago
Listing by: Howard Hanna S Tier Inc, (607) 257-0800
Kyle Steele, (607) 342-2148
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1654542

Also Listed on NYSAMLSs.
Home Details for 129 Linden Ave
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MLS Status: Active |
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Interior Details Basement: Walk-Out Access |
Beds & Baths Number of Bedrooms: 17 |
Dimensions and Layout Living Area: 2402 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, WasherDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Luxury Vinyl, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Luxury Vinyl, Varies |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: DeckExterior: Blacktop Driveway, Deck, Gravel Driveway |
Parking & Garage No GarageParking: Three or more Spaces,No Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 605Days on Market: 180+ |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Single Family Residence |
Building Construction Materials: Composite Siding |
Property Information Condition: ResaleParcel Number: 50070006700000030240000000 |
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Price List Price: $995,000Price Per Sqft: $414 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca City |
School Information Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School: Dewitt MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca |
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Listing Agent Listing ID: R1654542 |
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Building Area Building Area: 2402 Square Feet |
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Community Features: NoneNot Senior Community |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 5052.96 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, Rehab Financing, USDA Loan, VA Loan |
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Expense Tenant Pays: All Utilities |
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Mls Number: R1654542Living Area Range Units: Square FeetAttribution Contact: 607-342-2148Universal Property Id: US-36109-N-50070006700000030240000000-R-N |
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Around this home
What Locals Say about Ithaca
At least 179 Trulia users voted on each feature.
92 % Say it's dog friendly
81 % Say car is needed
79 % Say there's wildlife
76 % Say parking is easy
73 % Say people would walk alone at night
64 % Say yards are well-kept
62 % Say kids play outside
60 % Say it's quiet
59 % Say neighbors are friendly
58 % Say there are sidewalks
56 % Say there's holiday spirit
54 % Say it's walkable to restaurants
49 % Say they plan to stay for at least 5 years
45 % Say it's walkable to grocery stores
43 % Say streets are well-lit
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Ithaca
Last updated July 2026
Avg. sale price
$406K
$17.33KMoM
Sale-to-List Price
99.2%
1.1%MoM
Price per sq ft
$228
$6MoM
Available listings
145
2MoM
Home Value
Trulia Estimate
$942KSince last month
Decreased$109K (-10.3%)Since last year
Decreased$142K (-13.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +270% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $942K |
| July 2026 | $1.05M |
| June 2026 | $1.05M |
| May 2026 | $1.05M |
| April 2026 | $1.05M |
| March 2026 | $1.05M |
| February 2026 | $1.06M |
| January 2026 | $1.08M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $600,000 | 06/18/26 | 5 | - | 2,869 | |
0.25 | Multi-Family Home | $401,000 | 03/13/26 | 6 | 2 | 3,326 | |
0.31 | Multi-Family Home | $352,500 | 12/08/25 | 4 | 2 | 2,011 | |
0.34 | Multi-Family Home | $1,315,500 | 09/03/25 | 5 | - | 2,256 | |
0.54 | Multi-Family Home | $380,000 | 01/09/26 | 6 | 2 | 2,656 | |
0.54 | Multi-Family Home | $685,000 | 04/16/26 | 8 | 4 | 3,700 | |
0.63 | Multi-Family Home | $350,000 | 03/03/26 | 6 | 2.5 | 2,240 | |
0.57 | Multi-Family Home | $758,000 | 09/05/25 | 11 | 5 | 1,187 | |
0.70 | Multi-Family Home | $505,000 | 03/04/26 | 5 | 4 | 3,080 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $995,000 | 2 | - | 2,510 | For Sale | |
0.02 | $590,000 | 3 | 2 | 1,008 | For Sale | |
0.02 | $833,900 | 9 | - | - | Off Market | |
0.05 | $468,000 | 3 | 2 | 1,100 | Recently Sold | |
0.07 | $560,000 | 4 | 1.5 | 2,020 | Recently Sold | |
0.08 | $555,700 | 4 | 1.5 | 2,056 | Off Market | |
0.09 | $440,800 | 4 | 2 | 2,488 | Off Market | |
0.08 | $495,000 | 6 | 1.5 | 2,044 | For Sale | |
0.11 | $895,000 | 9 | - | 2,973 | For Sale | |
0.11 | $585,000 | 3 | 2 | 2,132 | Recently Sold | |
0.12 | $795,600 | 4 | 2.5 | 3,295 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 10, 2026 Source: NYSAMLSs #R1654542 | PriceChange | $995,000 Price decreased by 13% |
Jan 9, 2025 Source: ITMLS #R1583611 | Listed For Sale | $1,150,000 |
Jan 3, 2024 Source: Zillow Rentals | Listed For Rent | $6,975 |
Oct 4, 2019 Source: Agent Provided | ListingRemoved | $6,390 |
Sep 3, 2019 Source: Agent Provided | Listed For Rent | $6,390 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kyle Steele, Howard Hanna S Tier Inc, (607) 257-0800
Agent Phone: (607) 342-2148

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of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with
the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-08-26 11:08:58 PDT.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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Frequently asked questions about 129 Linden Ave
- What is the estimated monthly payment for 129 Linden Ave?Based on a $995,000 list price with 20% down at today's rates, the estimated monthly payment for 129 Linden Ave in Ithaca, NY is approximately $6,877 (about $5,102 principal & interest, $1,700 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 129 Linden Ave compare to homes in Ithaca?129 Linden Ave in Ithaca, NY is listed at $995,000, about 145% above the $406K median sale price in Ithaca.
- What do residents say about Ithaca?Residents describe Ithaca, NY as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Ithaca, NY.
- What are the closest schools to 129 Linden Ave?The closest schools to 129 Linden Ave in Ithaca, NY are Belle Sherman School (Pre-K/Elementary, rated 4/10), Beverly J Martin Elementary School (Pre-K, rated 3/10), Boynton Middle School (rated 8/10).
- Does 129 Linden Ave have laundry facilities?Yes, 129 Linden Ave in Ithaca, NY has in-unit laundry.
129 Linden Ave, Ithaca, NY 14850 is a 17 bedroom, 2,402 sqft multi-family built in 1980. This property is currently available for sale and was listed by NYSAMLSs on Dec 19, 2025. The MLS # for this home is MLS# R1654542.

