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310 Pleasant St 3 Unit Apartment Building $730,000 ($243,333/Unit) Ithaca, NY 14850
EXECUTIVE SUMMARY
An outstanding investment on Ithaca’s South Hill, this well-positioned multifamily/student housing property delivers stable income, strong tenant demand, and long-term value. Approved for 9 unrelated tenants, this property rents a year in advance. Each unit comes fully furnished with appliances including washer/dryer, microwave, range/oven, and refrigerator, and features modern finishes such as hardwood laminate flooring, central air conditioning, and recent renovations that enhance durability and reduce maintenance costs. A spacious yard and outdoor common area further boost tenant appeal. Ideally located within walking distance of Ithaca Commons, Cornell University, and Ithaca College, with seamless access to public transit, restaurants, and shops, the property combines premium location, consistent occupancy, and modern amenities; making it a rare, turn-key opportunity in one of New York’s strongest college-town rental markets.
PROPERTY FACTS
| Price | $730,000 | Building Class | C |
| Price Per Unit | $243,333 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 7,467 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1843 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-2A - Residential Low Density | ||
| Price | $730,000 |
| Price Per Unit | $243,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,467 SF |
| No. Stories | 3 |
| Year Built | 1843 |
| Opportunity Zone |
Yes |
| Zoning | R-2A - Residential Low Density |
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Walk Score®
Very Walkable (88)
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310 Pleasant St
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