214 Delaware Ave 1 Unit Apartment Building $495,000 ($495,000/Unit) Ithaca, NY 14850

Remarks: Prime Collegetown Investment & Housing Opportunity! Just a few blocks from the heart of Cornell University’s Collegetown, this spacious residence offers an ideal blend of investment potential and practical living. Legal for five unrelated occupants, the home currently features six full bedrooms plus two additional bonus rooms on the third floor—perfect for home offices, study areas, or walk-in closets. Inside, the home retains classic character with hardwood floors throughout the entry, living, and dining rooms, creating warm and inviting shared spaces. A covered front porch provides a welcoming entry and a place to relax outdoors. With 1.5 bathrooms, a full basement with laundry, and abundant living space, the layout is highly functional for student housing or shared living arrangements. A standout feature is the expansive parking lot, rare in Collegetown, with space to accommodate 6–8 vehicles—a tremendous value-add for residents and an additional draw for investors focused on maximizing rental appeal. Whether you’re a Cornell parent seeking secure, long-term housing for your student, or an investor looking for a strong-performing rental in one of Ithaca’s most sought-after locations, this property delivers. Its combination of size, location, and amenities makes it a rare find in today’s market.