Live in Fall Creek and enjoy a rare opportunity to own a 7-bedroom, 3-bathroom home where rental income covers your property taxes, helps pay part of your mortgage AND is not in the new flood zone! The 1st floor 3-bedroom, 1-bath apartment has generated steady income for the sellers, who owner occupied the upstairs residence for the past 13 years, making this an ideal setup for owner-occupants or investors alike. This spacious, multi-level home offers three full floors of living just blocks from downtown Ithaca, blending charm, flexibility, and financial potential. The upper residence, spread across the second and third floors, features 4 bedrooms, 2 full baths, 2 kitchens, hardwood floors, a serene private sundeck with a wooded backdrop, and a patio — perfect for entertaining or relaxing. The first-floor apartment is especially popular with graduate students. With fresh exterior paint, easy access to Cascadilla Gorge Trail, nearby bus stop and close proximity to Cornell University, this home is ideally located. Additional features include a private driveway, an outbuilding perfect for storage or a home office, and a quiet yard ideal for play or gardening. Why pay property taxes when your investment can pay them for you?
Under contract
$549,000
135 Linn St, Ithaca, NY 14850
7beds
2,666sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
Serene private sundeckWooded backdropPrivate drivewayFresh exterior paintSpacious multi-level homeHardwood floors
- 9 days
- on Zillow |
- 1,108 |
- 63 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 07:18am
Listing by:
Howard Hanna S Tier Inc 607-257-0800,
Helen Ann Yunis 607-280-3070
Source: NYSAMLSs,MLS#: R1617617
Originating MLS: Ithaca Board of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Baseboard, Hot Water
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Cathedral Ceiling(s), Skylights, Natural Woodwork
- Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
- Windows: Leaded Glass, Skylight(s)
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 2,666
- Total interior livable area: 2,666 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Two or More Spaces
Features
- Patio & porch: Balcony, Deck, Patio
- Exterior features: Balcony, Deck, Fence, Patio
- Fencing: Partial
Lot
- Size: 5,950.3 Square Feet
- Dimensions: 64 x 93
- Features: Irregular Lot, Near Public Transit, Residential Lot
Details
- Parcel number: 50070004700000040140000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Foam Insulation, Wood Siding
- Foundation: Stone
- Roof: Asphalt,Membrane,Rubber
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Trails/Paths
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $530,000
- Annual tax amount: $16,462
- Date on market: 7/1/2025
- Listing terms: Cash,Conventional
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