408-12 Hillview Place, Ithaca, NY 14850
Local realty services provided by:CENTURY 21 Jackson Real Estate
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:93 day(s) ago
- Updated:May 01, 2026 at 02:52 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 area:0.11 Acres
- 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
$679,000Active3 beds 4 baths2,790 sq. ft.114 Nor Way, Ithaca, NY 14850
MLS# R1677816Listed by: HOWARD HANNA S TIER INC - New
$750,000Active3 beds 3 baths2,535 sq. ft.601 Hanshaw Road, Ithaca, NY 14850
MLS# R1676291Listed by: WARREN REAL ESTATE OF ITHACA INC. - Open Sat, 12 to 1pmNew
$549,000Active4 beds 2 baths2,689 sq. ft.120 Eastwood Terrace, Ithaca, NY 14850
MLS# R1675263Listed by: HOWARD HANNA S TIER INC - New
$57,500Active2 beds 2 baths1,036 sq. ft.139 Mcgee Rd, Ithaca, NY 14850
MLS# R1677807Listed by: RE/MAX PLUS - New
$380,000Active3 beds 2 baths1,826 sq. ft.311 S Plain Street, Ithaca, NY 14850
MLS# R1677762Listed by: HOWARD HANNA S TIER INC - Open Mon, 4:30 to 6:30pmNew
$738,000Active5 beds 3 baths2,689 sq. ft.103 Harvard Place, Ithaca, NY 14850
MLS# R1675427Listed by: WARREN REAL ESTATE OF ITHACA INC. - New
$439,000Active4 beds 2 baths2,052 sq. ft.414 W Seneca Street, Ithaca, NY 14850
MLS# R1677568Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - New
$375,000Active4 beds 2 baths1,905 sq. ft.112 Bundy Road, Ithaca, NY 14850
MLS# R1676123Listed by: WARREN REAL ESTATE OF ITHACA INC. (DOWNTOWN) - New
$679,000Active3 beds 4 baths2,600 sq. ft.112 Nor Way, Ithaca, NY 14850
MLS# R1677240Listed by: HOWARD HANNA S TIER INC - New
$679,000Active3 beds 4 baths2,600 sq. ft.116 Nor Way, Ithaca, NY 14850
MLS# R1677261Listed by: HOWARD HANNA S TIER INC