306 Stewart Avenue Ithaca, NY 14850
Listing by: NYS ALLIANCE / Warren Real Estate / David Wahl - Contact:  607-227-3132

  306 Stewart Avenue Ithaca, NY 14850

Active
$1,250,000 (USD)
5
BED
4,507
SQFT

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 their 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 ongoing maintenance costs controlled. An abundance of natural light throughout enhances the interior, attracting tenants who value a bright and comfortable home, especially in a university-oriented rental market.

Nestled on Stewart Avenue, the property is just moments from Cornell University, a consistent source of rental demand year-round.

MLS #:
R1648862
Taxes
$20,925
Lot Size
871 SQFT
Type
Multifamily
Year Built
1900
School District
Ithaca
County
Tompkins County

Listed By

David Wahl, Warren Real Estate, Contact: 607-227-3132
Source
NYS ALLIANCE
Last checked Nov 8 2025 at 2:58 AM GMT-0500
Bathroom Details
Interior Features
  • Gas Water Heater
  • Refrigerator
  • Gas Cooktop
  • Gas Oven
  • Gas Range
Lot Information
  • Rectangular
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Baseboard
  • Hot Water
Basement Information
  • Partially Finished
Flooring
  • Varies
  • Hardwood
  • Tile
  • Laminate
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected
  • Sewer: Connected
School Information
  • Elementary School: Belle Sherman
Parking
  • No Driveway
  • No Garage
Stories
  • 3
Living Area
  • 4,507 sqft
Additional Information: Ithaca Downtown Office | 607-227-3132

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2025 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/7/25 18:58