408-12 Hillview Place, Ithaca, NY 14850 | CORNERPIN- Ithaca and Finger Lakes Homes for Sale

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$1,350,000
109 Days On Site

408-12 Hillview Place
Ithaca, NY 14850

For Sale|Multi Family|Active
13
Beds
5
Total Baths
5
Full Baths
5,954
SqFt
$227
/SqFt
1980
Built
County:
Tompkins
Listing courtesy of Brian DeYoung of Berkshire Hathaway HomeServices Heritage Realty (607) 275-1234
Call Now: (607) 288-4881
Is this the listing for you? We can help make it yours.
(607) 288-4881
408-12 Hillview Place408-12 Hillview Place408-12 Hillview Place408-12 Hillview Place
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Monthly Payment (Est.)

$6,159
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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.

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Listing Snapshot
Price 
$1,350,000
Days On Site 
109 Days
Bedrooms 
13
Inside Area (SqFt) 
5,954 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1980
MLS® Number 
R1650340
Status 
Active
Property Tax 
$25,654
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 months agoListing first seen on site
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Cross Street 
South Aurora
Foundation 
Block
Garage 
Yes
Garage Spaces 
5
Levels 
Two
Number Of Stories 
2
Parking 
CommonGaragePaved
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
5954
Utilities 
Sewer ConnectedWater ConnectedElectricity Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Basement 
FullNoneSump Pump
Cooling 
Ceiling Fan(s)
Flooring 
CarpetCeramic TileHardwoodLaminateTileVariesVinyl
Heating 
ElectricBaseboardForced AirNatural Gas
Interior 
Ceiling Fan(s)OtherSee RemarksStorageNatural Woodwork
Laundry Features 
Common Area
Window Features 
Storm Window(s)
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Exterior Features
Construction Details 
Blown-In InsulationBlockFrameOtherConcreteStuccoWood Siding
Lot Features 
Near Public TransitRectangular Lot
Patio And Porch 
CoveredPorch
Road Frontage 
City Street
Roof 
Shingle
Windows/Doors 
Storm Window(s)
Community Features
Accessibility Features 
Accessible EntranceAccessible BedroomAccessible DoorsAccessible Full Bath
Financing Terms Available 
Cash
MLS Area 
Ithaca-City-500700
School District 
Ithaca
Township 
Not Applicable
Schools
School District
Ithaca
Elementary School
South Hill
Middle School
Boynton Middle
High School
Ithaca Senior High
Listing courtesy of Brian DeYoung of Berkshire Hathaway HomeServices Heritage Realty (607) 275-1234

Listing information is provided by Participants of the Ithaca Board of REALTORS®. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Ithaca Board of REALTORS®
Last checked 2026-05-17 12:50 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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