Rare Investment Opportunity Near Cornell University – Two Homes on One Parcel at 937 State Street Discover a unique and versatile property offering two separate homes on a single parcel in a prime, close to campus Ithaca location. Ideal for investors, owner-occupants, or multi-generational living, this fully utilized property provides flexibility, strong rental appeal, and long-term upside. The main residence is a well-maintained ranch-style home featuring three bedrooms, a spacious living room with a fireplace, an eat-in kitchen, and an enclosed porch with washer and dryer hookups. A bonus open-concept second floor with a full bath and private entrance offers excellent potential for additional living space or rental income. An attached one-bay garage and ample storage complete the home. Also included is a separate two-story residence with two well-maintained 2-bedroom, 1-bath units. The lower unit showcases hardwood floors, a wood-burning fireplace, and abundant natural light, while the upper unit offers a comfortable and functional layout ideal for tenants or guests. Conveniently located near campus, downtown Ithaca, shopping, dining, and public transportation, this property presents a compelling opportunity to live in one unit while renting the others or to add a high-demand, income-producing asset to your portfolio. A rare offering in an irreplaceable location—don’t miss the opportunity to explore the many possibilities at 937 State Street.
937 E State Street, Ithaca City, NY 14850, is a 3 bedroom, 2 bathroom, 1920 sqft. Single Family Residence built in 1900.
This property is currently available for sale and was listed on Greater Rochester Association of REALTORS® on 2-27-2026.
The MLS# for this Single Family Residence is MLS# R1664053.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Copyright ©2026 Greater Rochester Association of REALTORS®