$600,500
- 5 Beds
- 2,869 sqft
614-618 E State St, Ithaca, NY 14850
Est. Refi. Payment $4,378/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 18, 2026 for $600,000 (8% below list price)
Home Value
Trulia Estimate
$601KSince last month
$100 (0%)Since last year
Increased$109K (+22.1%)Since last sale
Increased$1K (+0.2%)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 +22% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $601K |
| August 2026 | $601K |
| July 2026 | $600K |
| May 2026 | $620K |
| April 2026 | $619K |
| March 2026 | $619K |
| February 2026 | $621K |
| January 2026 | $620K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $401,000 | 03/13/26 | 6 | 2 | 3,326 | |
0.14 | Multi-Family Home | $352,500 | 12/08/25 | 4 | 2 | 2,011 | |
0.47 | Multi-Family Home | $505,000 | 03/04/26 | 5 | 4 | 3,080 | |
0.42 | Multi-Family Home | $350,000 | 03/03/26 | 6 | 2.5 | 2,240 | |
0.30 | Multi-Family Home | $380,000 | 01/09/26 | 6 | 2 | 2,656 | |
0.31 | Multi-Family Home | $685,000 | 04/16/26 | 8 | 4 | 3,700 | |
0.58 | Multi-Family Home | $497,500 | 06/22/26 | 6 | 2 | 2,234 | |
0.63 | Multi-Family Home | $445,000 | 04/29/26 | 5 | 3 | 2,661 |
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 |
|---|---|---|---|---|---|---|
0.03 | $663,300 | 8 | - | - | Off Market | |
0.03 | $401,000 | 6 | 2 | 3,326 | Recently Sold | |
0.05 | - | 8 | 3 | 3,227 | Off Market | |
0.03 | $377,200 | 6 | 2 | 1,613 | Off Market | |
0.07 | $1,355,000 | 23 | - | 8,902 | For Sale | |
0.07 | $429,000 | 4 | 1.5 | 1,792 | Recently Sold | |
0.05 | $922,400 | 4 | 4.5 | 5,183 | Off Market | |
0.12 | $1,100,000 | 5 | - | 3,851 | For Sale | |
0.14 | $352,500 | 4 | 2 | 2,011 | Recently Sold | |
0.14 | $925,000 | 10 | 3 | 3,266 | For Sale | |
0.15 | $703,600 | 13 | 4 | 4,391 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1975
2,869 sqft
$209/sqft
About this House
What's unique:Prime corner locationUpdated unitsExcellent visibility
Located at the highly visible corner of East State Street and Quarry Street, 614–618 E State Street presents a compelling opportunity to acquire a well-positioned, income-producing multifamily asset in Ithaca’s sought-after Lower Collegetown area. This five-unit property combines a diversified unit mix, recent capital improvements, and a prime corner location that benefits from strong rental demand driven by proximity to Cornell University, Downtown Ithaca, and key transit corridors.
The building comprises five apartments thoughtfully configured to appeal to a broad tenant base. The unit mix includes 2 two-bedroom units, 1 three-bedroom unit, and 2 one-bedroom units, providing flexibility and resilience across leasing cycles. Two of the apartments—one on the top floor and one on the bottom floor—have been recently renovated, offering immediate upside and are presently being leased up. These updated units help elevate the overall rental profile of the property while demonstrating the potential to systematically renovate remaining apartments over time. Investors can pursue a phased value-add strategy, increasing rents through continued interior upgrades while maintaining cash flow from occupied units.
The corner location at East State Street and Quarry Street significantly enhances the property’s appeal. East State Street is a major east–west corridor connecting Downtown Ithaca to Collegetown and Cornell University, providing excellent visibility, accessibility, and long-term desirability
The building comprises five apartments thoughtfully configured to appeal to a broad tenant base. The unit mix includes 2 two-bedroom units, 1 three-bedroom unit, and 2 one-bedroom units, providing flexibility and resilience across leasing cycles. Two of the apartments—one on the top floor and one on the bottom floor—have been recently renovated, offering immediate upside and are presently being leased up. These updated units help elevate the overall rental profile of the property while demonstrating the potential to systematically renovate remaining apartments over time. Investors can pursue a phased value-add strategy, increasing rents through continued interior upgrades while maintaining cash flow from occupied units.
The corner location at East State Street and Quarry Street significantly enhances the property’s appeal. East State Street is a major east–west corridor connecting Downtown Ithaca to Collegetown and Cornell University, providing excellent visibility, accessibility, and long-term desirability
614-618 E State St, Ithaca, NY 14850 is a 5 bedroom, 2,869 sqft multi-family built in 1975. It last sold for $600,000 on Jun 18, 2026 (8% below the $650,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $600,500.
Last check for updates: about 4 hours ago
Listed by Kyle Steele, (607) 342-2148
Howard Hanna S Tier Inc
Bought with: David Wahl, (607) 227-3132, Warren Real Estate of Ithaca Inc. (Downtown)
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1654537

Home Details for 614-618 E State St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 5 |
Dimensions and Layout Living Area: 2869 Square Feet |
Appliances & Utilities Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, RefrigeratorDishwasherLaundry: Common AreaMicrowaveRefrigerator |
Heating & Cooling Heating: Gas,Hot WaterHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Laminate, Varies |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Floors: Hardwood, Laminate, Varies |
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Exterior Home Features Roof: AsphaltExterior: Gravel Driveway |
Parking & Garage No GarageParking: One Space,No Garage |
Frontage Road Frontage: Main ThoroughfareNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 28 |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Cedar |
Property Information Condition: ResaleParcel Number: 50070006800000020050000000 |
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Price List Price: $650,000Price Per Sqft: $209/sqft |
Status Change & Dates Off Market Date: Fri Jan 16 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 District: Ithaca |
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Building Area Building Area: 2869 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: 3049.2 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash |
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Rent Includes: Heat, Hot Water, Snow Removal, WaterFurnishedOwner Pays: Gas, Heat, Hot Water, Snow Removal, Water |
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BasementMls Number: R1654537Living Area Range Units: Square FeetAttribution Contact: 607-342-2148Universal Property Id: US-36109-N-50070006800000020050000000-R-N |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 26, 2026 Source: NYSAMLSs #R1654537 | Pending | $650,000 |
Jun 18, 2026 Source: NYSAMLSs #R1654537 | Sold | $600,000 |
Jan 16, 2026 Source: NYSAMLSs #R1654537 | Contingent | $650,000 |
Dec 19, 2025 Source: NYSAMLSs #R1654537 | Listed For Sale | $650,000 |
Market trends in Ithaca
Last updated August 2026
Avg. sale price
$464K
$57.87KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$230
$1MoM
Available listings
151
6MoM
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.
LGBTQ Local Legal Protections
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Frequently asked questions about 614-618 E State St
- What is 614-618 E State St estimated to be worth?Trulia's estimated value for 614-618 E State St in Ithaca, NY is $600,500.
- What is the price history for 614-618 E State St?614-618 E State St in Ithaca, NY last sold for $600,000 in June 2026.
- Is Ithaca a buyer's or seller's market?Ithaca is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Ithaca?The median sale price in Ithaca is $464K. That is up $57.87K from the prior month.
- Does 614-618 E State St have laundry facilities?Yes, 614-618 E State St in Ithaca, NY has laundry facilities.