213 Dearborn Pl
Ithaca, NY 14850
- 8 Beds
- 3.5 Baths
- 4,346 sqft
8 Beds
3.5 Baths
4,346 sqft
Home Highlights
Price/Sqft
$196
Listed
45 days ago
Climate Control
Radiant, Natural Gas Heating
Local Information
-- mins to
About this House
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.
Last check for updates: about 2 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
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MLS Status: Active |
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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 |
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Exterior Home Features Roof: ShingleFoundation: Poured |
Parking & Garage Parking: Paved |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Days on Market: 45 |
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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 |
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Price List Price: $850,000Price Per Sqft: $196 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca City |
School Information Elementary School: Cayuga Heights ElementaryElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
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Listing Agent Listing ID: R1696631 |
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Building Area Building Area: 4346 Square Feet |
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Not Senior CommunityUnits in Building: 3 |
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Association for this Listing: Ithaca Board of Realtors |
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Lot Area: 7840.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Rent Includes: All UtilitiesOwner Pays: All Utilities |
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BasementMls Number: R1696631Living Area Range Units: Square FeetAttribution Contact: 607-351-1823Universal Property Id: US-36109-N-50070000900000040020000000-R-N |
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
$793KSince last month
Decreased$11K (-1.4%)Since last year
Increased$39K (+5.2%)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 +121% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $793K |
| July 2026 | $804K |
| June 2026 | $800K |
| May 2026 | $785K |
| April 2026 | $809K |
| March 2026 | $694K |
| February 2026 | $705K |
| January 2026 | $671K |
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 |
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0.16 | Multi-Family Home | $519,584 | 08/19/26 | 7 | 3 | 3,290 | |
0.82 | Multi-Family Home | $445,000 | 04/29/26 | 5 | 3 | 2,661 | |
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 | |
0.44 | Multi-Family Home | $1,270,000 | 07/31/26 | 10 | - | 3,598 | |
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 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 | $525,000 | 6 | 3.5 | 3,000 | For Sale | |
0.05 | $766,900 | 5 | 4.5 | 3,207 | Off Market | |
0.06 | $929,100 | 4 | 4 | 3,363 | Off Market | |
0.09 | $470,000 | 4 | 2.5 | 2,560 | Recently Sold | |
0.12 | $758,000 | 4 | 2.5 | 3,152 | Off Market | |
0.13 | $285,000 | 2 | 1 | 934 | Recently Sold | |
0.14 | $583,400 | 4 | 3 | 2,263 | Off Market | |
0.15 | $407,415 | 5 | 1.5 | 2,332 | Recently Sold | |
0.16 | $519,584 | 7 | 3 | 3,290 | Recently Sold | |
0.22 | $900,400 | 5 | 3.5 | 3,352 | Off Market | |
0.28 | $943,200 | 5 | 4.5 | 3,991 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 9, 2026 Source: NYSAMLSs #R1696631 | Listed For Sale | $850,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Apr 9, 2012 Source: N/A | ListingRemoved | $425,000 |
Oct 7, 2011 Source: N/A | Listed For Sale | $425,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Karen Hollands, Howard Hanna S Tier Inc, (607) 257-0800
Agent Phone: (607) 351-1823

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Frequently asked questions about 213 Dearborn Pl
- What is the estimated monthly payment for 213 Dearborn Pl?Based on a $850,000 list price with 20% down at today's rates, the estimated monthly payment for 213 Dearborn Pl in Ithaca, NY is approximately $5,911 (about $4,384 principal & interest, $1,452 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 213 Dearborn Pl compare to homes in Ithaca?213 Dearborn Pl in Ithaca, NY is listed at $850,000, about 109% 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 213 Dearborn Pl?The closest schools to 213 Dearborn Pl 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 213 Dearborn Pl have parking?Yes, 213 Dearborn Pl in Ithaca, NY has on-site parking.
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.

