Discover a rare opportunity at 937 State Street; two homes on one parcel. This property is perfect for multi-generational living, rental income or a savvy investment. With strong rental potential due to its proximity to Cornell University, this property is a fantastic addition to any real estate portfolio.
The primary residence offers 2 apartments in the house; an upper and lower apartment with 2 beds and one full bath in each. The lower apartment also boasts a wood burning fireplace. Wood floors and ample natural light only add to this home's appeal.
The second home has 3 bedrooms and one full bath along with a large second floor.
An attached garage provides covered parking and additional storage space.
Conventionally located to Cornell University, Downtown Ithaca, shopping, dining and all Ithaca has to offer. With multiple living and income options in one parcel make sure you come and see the possibilities that await you.
Active
Price cut: $50K (12/9)
$649,000
937 E State St, Ithaca, NY 14850
7beds
1,920sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$338/sqft
$-- HOA
What's special
Wood burning fireplaceAmple natural lightWood floors
- 266 days |
- 354 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 01:19pm
Listing by:
Warren Real Estate of Ithaca Inc. 607-257-0666,
Jill Burlington 607-592-0474
Source: NYSAMLSs,MLS#: R1585487
Originating MLS: Ithaca Board of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air, Hot Water
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Attic
- Flooring: Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
- Basement: Full,Partial,Walk-Out Access
- Number of fireplaces: 2
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Paved, Two or More Spaces
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Deck, Patio
Lot
- Size: 0.39 Acres
- Dimensions: 90 x 191
- Features: Rectangular, Rectangular Lot
Details
- Additional parcels included: 89.35.2
- Parcel number: 89.312
- Zoning description: Residential 1 Unit
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured, Stone
- Roof: Metal
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $651,000
- Annual tax amount: $20,542
- Date on market: 3/18/2025
- Cumulative days on market: 172 days
- Listing terms: Cash,Conventional,FHA,Rehab Financing,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $649,000-7.2%$338/sqft |
Source: | ||
| 10/20/2025 | Price change | $699,000-6.7%$364/sqft |
Source: | ||
| 3/19/2025 | Listed for sale | $749,000$390/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $650,000 +5.5% |
| 2023 | -- | $616,000 +8.1% |
| 2022 | -- | $570,000 +9.6% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 14850
Nearby schools
GreatSchools rating
- 6/10Belle Sherman SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Boynton Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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