306 Stewart Avenue Ithaca City, NY $ 1,250,000
306 Stewart Avenue
$ 1,250,000
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306 Stewart Avenue

Ithaca City, NY, 14850
$ 1,250,000
Bedrooms14 Baths0.0 Sq 4,507

Monthly Estimate*

$ 7,798

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Single Family Home for sale in Ithaca City, NY for $1,250,000 with 14 bedrooms. This 4,507 square foot home was built in 1900 on a lot size of 0.02.

Introducing an exceptional opportunity at 306 Stewart Avenue, this spacious multi-family property in Ithaca is perfectly positioned for investors looking for reliable rental returns. Impressive long-term growth addition to their portfolio. With over 4500 sq. ft. of well-planned living space, this property distinguishes itself not only by size, but by its capacity to generate steady income in a vibrant in-demand neighborhood. Featuring 14 bedrooms and 5 bathrooms, the property is designed to suit a variety of living needs, increasing its appeal and leasing options. Each unit provides privacy, while the generous shared spaces foster a welcoming environment, ideal for encouraging tenant satisfaction and reducing turnover. Multiple modern kitchens and durable flooring ensure straightforward management and help keep ongoing maintenance costs controlled. An abundance of natural light throughout enhances the interior, attracting tenants who value a bright and comfortable home, especially in a university-oriented rental market. Nestled on Stewart Avenue, the property is just moments from Cornell University, a consistent source of rental demand year-round.

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Single Family Contingent

Price

$ 1,250,000

Bedrooms

14

Property Type

Single Family

Taxes

$ 28,970

Style

Lot Size

0.02

Year Built

1900

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1648862

Features
General
Sewer Connected
Heating Gas Baseboard HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasCooktop GasOven GasRange GasWaterHeater Refrigerator
Garage Spaces 0.0
Patio/Porch Features Patio
Construction Materials AtticCrawlHatchwaysInsulated VinylSiding
School District Ithaca
Year Built 1900
Stories Count 3
Township Not Applicable
Property Subtype Other
Gross Income 129600.0
County Tompkins
Net Operating Income 73930.0
Operating Expense 26700.0
Property Type MultiFamily
Garage Y/N No
Rent Includes Other SeeRemarks
Status ActiveUnderContract
City Ithaca City
Senior Community Y/N No
High School District Ithaca
Number Of Units Total 5
MLS Area Ithaca-City-500700
Lot Size Units Acres
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 28970.0
Property Condition Resale
Virtual Tour https://unbranded.youriguide.com/306_stewart_ave_ithaca_ny/ https://youriguide.com/306_stewart_ave_ithaca_ny/
Standard Status ActiveUnderContract
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 675000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Other
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Interior
Basement PartiallyFinished
Flooring Hardwood Laminate Tile Varies
Furnished Y/N Furnished
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 14
Main Level Bathrooms 0
Total Baths 0
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Exterior
Exterior Amenities Patio
Parking Features None NoDriveway NoGarage
Lot Features Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.02
Building Area Total 4507.0
Lot Dimensions 50X60
Lot Size Acres 0.02
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 3
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 306
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* Excluded Features
List By
Warren Real Estate Of Ithaca Inc. (Downtown)

Broker

(607) 227-3132

Phone

Affordability Calculator

$10,213
Per Month
76%
24%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$2,414
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133762 Elementary School
3323858 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$1,250,000 Listed Price

Map


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306 Stewart Avenue, Ithaca City, NY, 14850 is a Single Family Home for sale at $1,250,000 with 4,507 sqft and a lot size of 0.02. 306 Stewart Avenue has 14 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 14850 which is in Ithaca City, NY