213 Dearborn Pl
Ithaca, NY 14850
- 8 Beds
- 3.5 Baths
- 4,346 sqft
8 Beds
3.5 Baths
4,346 sqft
Local Information
-- mins to
Description
An exceptional investment opportunity in Ithaca's nationally recognized Cornell Heights Historic District, just steps from Cornell University's North Campus. Combining historic character, proven rental performance, and significant upside potential, this well-maintained income property is legally approved for occupancy by up to 13 unrelated individuals within the R-2A zoning district, offering remarkable flexibility for investors. Currently configured for strong cash flow, the property features three separate kitchens, four full bathrooms, one half bath, and a flexible rental layout consisting of a private one-bedroom lower-level apartment, a two-bedroom main-level apartment, and a five bedroom apartment occupying the second and third floors. The current configuration generates $$89,400 in annual gross rental income, while the property's legal occupancy provides an attractive value-add opportunity for future income growth. Rich in architectural character, the residence showcases original hardwood floors, classic woodwork, high ceilings, oversized windows, and generously proportioned living spaces that continue to attract tenants year after year. The updated kitchens and baths blend modern functionality with the home's historic charm, while the spacious bedrooms, multiple common areas, and flexible floor plan accommodate a variety of rental configurations. Outside, the property offers off-street parking, an amenity in high demand for Cornell-area rentals, along with an unbeatable location within easy walking distance of Cornell University's North Campus, nearby bus routes, dining, and shopping. The enduring appeal of the Cornell Heights Historic District, combined with consistent rental demand and legal occupancy for up to 13 unrelated residents, makes 213 Dearborn Place a compelling opportunity for investors seeking both immediate cash flow and long-term appreciation.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$196
Listed
Less than a day ago
Last check for updates: about 7 hours ago
Listing by: Howard Hanna S Tier Inc, (607) 257-0800
Karen Hollands, (607) 351-1823
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1696631

Also Listed on NYSAMLSs.
Home Details for 213 Dearborn Pl
|
|---|
MLS Status: Active |
|
|---|
Interior Details Basement: Partially Finished |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4346 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Gas,Hot Water,Radiator(s)Has HeatingHeating Fuel: Gas |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
Windows, Doors, Floors & Walls Window: Leaded GlassFlooring: Hardwood, Tile, Varies |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Floors: Hardwood, Tile, Varies |
Security Security: Fire Escape |
|
|---|
Exterior Home Features Roof: ShingleFoundation: Poured |
Parking & Garage Parking: Paved |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
|
|---|
Days on Market: <1 day on Trulia |
|
|---|
Year Built Year Built: 1908 |
Property Type / Style Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Triplex |
Building Construction Materials: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Stucco |
Property Information Condition: ResaleParcel Number: 50070000900000040020000000 |
|
|---|
Price List Price: $850,000Price Per Sqft: $196 |
Status Change & Dates Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: Ithaca City |
School Information Elementary School: Cayuga Heights ElementaryElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
|
|---|
Listing Agent Listing ID: R1696631 |
|
|---|
Building Area Building Area: 4346 Square Feet |
|
|---|
Not Senior CommunityUnits in Building: 3 |
|
|---|
Association for this Listing: Ithaca Board of Realtors |
|
|---|
Lot Area: 7840.8 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Conventional |
|
|---|
Rent Includes: All UtilitiesOwner Pays: All Utilities |
|
|---|
BasementMls Number: R1696631Living Area Range Units: Square FeetAttribution Contact: 607-351-1823Universal Property Id: US-36109-N-50070000900000040020000000-R-N |
Market trends in Ithaca
Last updated May 2026
Avg. sale price
$404K
$17.17KMoM
Sale-to-List Price
—
Price per sq ft
$229
$1MoM
Available listings
156
25MoM
Price History for 213 Dearborn Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 07/09/2026 | $850,000 | Listed For Sale | NYSAMLSs #R1696631 |
| 03/24/2021 | ListingRemoved | N/A | |
| 04/09/2012 | $425,000 | ListingRemoved | N/A |
| 10/07/2011 | $425,000 | Listed For Sale | N/A |
Similar Homes You May Like
New Listings near 213 Dearborn Pl
Comparable Sales for 213 Dearborn Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.82 | Multi-Family Home | $445,000 | 04/29/26 | 5 | 3 | 2,661 | |
1.01 | Multi-Family Home | $580,000 | 08/19/25 | 7 | 3 | 2,666 | |
0.99 | Multi-Family Home | $529,000 | 08/06/25 | 6 | 3 | 2,482 | |
0.84 | Multi-Family Home | $465,000 | 09/30/25 | 5 | 2 | 2,408 | |
1.25 | Multi-Family Home | $401,000 | 03/13/26 | 6 | 2 | 3,326 | |
1.46 | Multi-Family Home | $685,000 | 04/16/26 | 8 | 4 | 3,700 | |
1.08 | Multi-Family Home | $495,000 | 09/04/25 | 5 | 4 | 2,296 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 213 Dearborn Pl.
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
77 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Karen Hollands, Howard Hanna S Tier Inc, (607) 257-0800
Agent Phone: (607) 351-1823

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program
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 2026-07-09 09:46:23 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.
© 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.
213 Dearborn Pl, Ithaca, NY 14850 is a 8 bedroom, 4 bathroom, 4,346 sqft multi-family built in 1908. This property is currently available for sale and was listed by NYSAMLSs on Jul 9, 2026. The MLS # for this home is MLS# R1696631.

