About This Home

This 14-bedroom, 5-bathroom residential multi family at 306 Stewart Avenue in Ithaca, NY is listed for $895,000 ($199 per sqft). Built in 1900, the home offers 4,507 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1900
  • 0.02 acre lot
  • 3 stories

Property Details

3 stories
5 full
1900

Amenities

Hardwood
Listing Description

Introducing an exceptional opportunity at 306 Stewart Avenue, this spacious multi-family property in Ithaca is perfectly positioned for investors looking for reliable rental returns, impressive long-term growth addition to your portfolio. With nearly 4000 sq ft of well-planned living space, this property distinguishes itself not only by size, but by its capacity to generate steady income in a vibrant in-demand neighborhood.

Featuring 14 bedrooms and 5 bathrooms, the property is designed to suit a variety of living needs, increasing its appeal and leasing options. Each unit provides privacy, while the generous shared spaces foster a welcoming environment ideal for encouraging tenant satisfaction and reducing turnover.

Multiple modern kitchens and durable flooring ensure straightforward management and help keep bright and comfortable spaces, especially in a university-oriented rental market. Nestled on Stewart Avenue, the property is just moments from Cornell University.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

306 Stewart Avenue

Ithaca, NY 14850

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

TileHardwoodVariesLaminate

Construction

AtticCrawlHatchwaysInsulated VinylSiding

Outdoor Features

PatioPorch

Parking

Driveway

Heating

Natural GasHot Water(Heating)Baseboard

Appliances

GasWaterHeater

Questions & Answers

This 14-bedroom, 5-bathroom residential multi family at 306 Stewart Avenue is listed at $895,000 ($199/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.02 acre lot, 3 stories. Exterior Features: Patio.

This property is listed by David Wahl.

DW

David Wahl

License 10371201153

Agent at Warren Real Estate

Listed by Warren Real Estate · Broker phone: (607) 257-0666 · View on Broker Site · Broker website

MLS# R1706828· Source: New York State Alliance of MLSs, LLC· 109 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

306 Stewart Avenue, Ithaca, NY 14850

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