408-12 Hillview Place, Ithaca, NY 14850
Local realty services provided by:CENTURY 21 Bridgeway Realty
408-12 Hillview Place,Ithaca, NY 14850
$1,350,000
- 13 Beds
- 5 Baths
- 5,954 sq. ft.
- Multi-family
- Active
Listed by: brian deyoung
Office: berkshire hathaway homeservices heritage realty
MLS#:R1650340
Source:NY_GENRIS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$226.74
About this home
Prime Multi-Building Investment Property Near Cornell University and Ithaca College. Exceptional opportunity to acquire a high-performing student housing complex ideally located near Cornell University and Ithaca College. This unique offering includes three buildings on a single tax parcel—two spacious houses and one apartment building—featuring a total of 16 bedrooms.
The property provides ample off-street parking along with a five-bay garage, offering additional income potential or utility space. The property is well-suited for student housing or multi-unit leasing, offering a strong rental history and consistent demand in the vibrant Ithaca market.
Well-maintained and thoughtfully arranged for maximum occupancy and convenience, this property represents a rare chance to secure immediate income and long-term value in one of upstate New York’s most resilient rental markets. This asset offers both immediate cash flow and long-term value appreciation. The property’s multi-building composition allows for diverse leasing structures and simplified management under a single parcel. An exceptional portfolio addition or stand-alone investment, this property positions new ownership to capture stable returns in one of New York’s most reliable rental markets....
Contact an agent
Home facts
- Year built:1980
- Listing ID #:R1650340
- Added:45 day(s) ago
- Updated:March 14, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
- Basement:Yes
- Basement Description:Full, Sump Pump
- Living area:5,954 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1980
- Building area:5,954 sq. ft.
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Construction Materials:Block, Concrete, Frame, Stucco, Wood Siding
- Exterior Features:Porch
- Foundation Description:Block, Poured
- Levels:2 Stories
Schools
- High school:Ithaca Senior High
- Middle school:Boynton Middle
- Elementary school:South Hill
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$226.74
- Tax amount:$25,654
Features and amenities
- Laundry features:Common Area
- Amenities:Storage
Parking
- Parking description:Common, Garage, Parking Available, Paved
- Garage:Yes
- Garage spaces:5
New listings near 408-12 Hillview Place
- New
$385,000Active6 beds 2 baths2,400 sq. ft.582 King Road W, Ithaca, NY 14850
MLS# R1666643Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - New
$675,000Active5 beds 4 baths3,161 sq. ft.318 Blackstone Avenue, Ithaca, NY 14850
MLS# R1665736Listed by: HOWARD HANNA S TIER INC - Open Sun, 2 to 4pmNew
$475,000Active5 beds 4 baths2,912 sq. ft.134 Brook Way, Ithaca, NY 14850
MLS# R1666499Listed by: HOWARD HANNA S TIER INC - New
$695,000Active4 beds 2 baths3,220 sq. ft.135 Hudson Street, Ithaca, NY 14850
MLS# R1666396Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - New
$525,000Active6 beds 4 baths3,000 sq. ft.215 Dearborn Place, Ithaca, NY 14850
MLS# R1662425Listed by: WARREN REAL ESTATE OF ITHACA INC. - Open Sat, 11am to 1pmNew
$699,000Active5 beds 4 baths3,292 sq. ft.102 Southwoods Drive, Ithaca, NY 14850
MLS# R1665660Listed by: HOWARD HANNA S TIER INC - New
$847,000Active6 beds 7 baths3,597 sq. ft.9 Sanctuary Drive, Ithaca, NY 14850
MLS# R1665809Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - New
$847,000Active6 beds 7 baths3,597 sq. ft.9 Sanctuary Drive, Ithaca, NY 14850
MLS# R1665815Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - Open Sat, 1 to 3pmNew
$239,000Active2 beds 1 baths1,104 sq. ft.231 Wildflower Drive #4, Ithaca, NY 14850
MLS# R1666060Listed by: HOWARD HANNA S TIER INC - New
$595,000Active2 beds 4 baths2,872 sq. ft.152 N Sunset Drive, Ithaca, NY 14850
MLS# R1666064Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN)