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.
214 Delaware Avenue, Ithaca City, NY 14850, is a 6 bedroom, 1 bathroom, 2044 sqft. Single Family Residence built in 1980.
This property is currently available for sale and was listed on Greater Rochester Association of REALTORS® on 8-28-2025.
The MLS# for this Single Family Residence is MLS# R1633786.
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