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About This Home

This 7-bedroom, 3-bathroom residential multi family at 937 E State Street in Ithaca, NY is listed for $649,000 ($338 per sqft). Built in 1900, the home offers 1,920 sqft of living space on a N/A lot.

Agent Description

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.

Key Features

  • Built in 1900
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
1900

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

937 E State Street

Ithaca, NY 14850

Features & Amenities

Interior Features

Attic

Exterior Features

DeckPatio

Property Details

Flooring

HardwoodVinylLaminateVariesTile

Construction

WoodSiding

Pool Features

PatioDeck

Parking

Garage

Heating

Natural GasHot Water(Heating)Forced Air

Cooling

Central Air

Appliances

GasWaterHeater

Questions & Answers

This 7-bedroom, 3-bathroom residential multi family at 937 E State Street is listed at $649,000 ($338/sqft). The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 2 stories, Fireplace. Interior Features: Attic. Exterior Features: Deck, Patio.

This property is listed by Jill Burlington and can be reached at 6075920474 or jill@warrenhomes.com.

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JB

Jill Burlington

Agent at Warren Real Estate of Ithaca Inc.

(607) 592-0474

Listed by Warren Real Estate of Ithaca Inc. · View on Broker Site

MLS# R1585487· Source: listhub· Updated 388 days ago

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.

937 E State Street, Ithaca, NY 14850

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