# 308 Fairmount Avenue, Ithaca, NY 14850

> **TL;DR:** 10bd/0ba residential multi family, $950,000 ($403/sqft), built 1925, 2,358 sqft.
> Hardwood. Est. $5,081/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Price/sqft | $403 |
| Bedrooms | 10 |
| Square Feet | 2,358 |
| Year Built | 1925 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 10 |

## Why This Home Stands Out

- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,804 |
| Estimated Insurance | $277 |
| **Total** | **$5,081** |

## Nearby Schools

- **Elementary:** Belle Sherman
- **High:** Ithaca Senior High

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1925
- 2 stories

## Description

### Agent Description
SUPER Great Investment with an approximate 8% CAP RATE RETURN in this sought-after upper Collegetown location with a flat walking distance to Cornell and just seconds from the high-energy Collegetown hub. These 7 units are in the ideal graduate student location offering a short, flat walk to the main entrance of CORNELL. Four 1-bedrooms, three 2-bedrooms. Apartments are bright and unique, with furnished options and coin laundry is on site. A select few off-street parking spots.

## Location

- **Address:** 308 Fairmount Avenue, Ithaca, NY 14850
- **County:** Tompkins
- **Coordinates:** 42.44065, -76.480648
- **Google Maps:** https://www.google.com/maps?q=42.44065,-76.480648

## Listing Agent

- **Name:** Kathleen M Markowski · **License:** 30MA0818780
- **Brokerage:** Warren Real Estate
- **Broker Phone:** (607) 257-0666
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/308-Fairmount-Ave_Ithaca_NY_14850_M38916-07399?f=listhub&s=BNARNY&m=R1725376&c=propsimple)

## Photos

![308 Fairmount Avenue - Photo 1](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f732230294r.jpg)

![308 Fairmount Avenue - Photo 2](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f4227775299r.jpg)

![308 Fairmount Avenue - Photo 3](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f3888146928r.jpg)

![308 Fairmount Avenue - Photo 4](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f2867774168r.jpg)

![308 Fairmount Avenue - Photo 5](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f2543403114r.jpg)

![308 Fairmount Avenue - Photo 6](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f2923338267r.jpg)

![308 Fairmount Avenue - Photo 7](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f567979030r.jpg)

![308 Fairmount Avenue - Photo 8](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f3385471083r.jpg)

![308 Fairmount Avenue - Photo 9](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f1880503410r.jpg)

![308 Fairmount Avenue - Photo 10](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f3260397550r.jpg)

![308 Fairmount Avenue - Photo 11](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f803411132r.jpg)

![308 Fairmount Avenue - Photo 12](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f1952325110r.jpg)

![308 Fairmount Avenue - Photo 13](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f92959648r.jpg)

![308 Fairmount Avenue - Photo 14](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f248444370r.jpg)

![308 Fairmount Avenue - Photo 15](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f1202751145r.jpg)

![308 Fairmount Avenue - Photo 16](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f2753357147r.jpg)

![308 Fairmount Avenue - Photo 17](http://lh.rdcpix.com/9bbc342f10829d924c1c0e9314a56c95l-f4008583986r.jpg)

---

**MLS#:** R1725376 | **Updated:** 2026-11-11
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/308-fairmount-avenue-ithaca-ny-14850-e9488fc0f0864efb9ab9c318f65bbd53)

---

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