Excellent income-producing opportunity located in Ithaca. 524 Hayts Road is a fully occupied three-unit property situated on a spacious 7-acre parcel, with approximately 3 acres currently in use and additional land offering future potential.
The main residence is complemented by a converted three-bay garage, now thoughtfully redesigned into two separate rental units: a one-bedroom, one-bath apartment and a studio apartment. All three units are currently rented, providing immediate and consistent cash flow.
The property also features a circular driveway, offering convenient access, ample parking, and ease of entry for residents and guests.
This property is ideal for investors seeking a turnkey income asset or owner-occupants looking to live in one unit while offsetting expenses by renting the others. The expansive acreage offers privacy, flexibility, and potential for future use (buyer to verify).
A rare opportunity to own an income property with acreage within Ithaca, combining rental income, land, and long-term upside.
Agent related to seller.
Active
Price cut: $25K (2/23)
$395,000
524 Hayts Rd, Ithaca, NY 14850
5beds
2,678sqft
Triplex, Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
One-bedroom one-bath apartmentStudio apartment
- 52 days |
- 1,202 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 09:21am
Listing by:
Keller Williams Realty 607-275-5600,
Anthony Vaughn 607-391-5249
Source: NYSAMLSs,MLS#: R1657450
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump, Propane, Forced Air
Cooling
- Heat Pump, Central Air, Window Unit(s)
Appliances
- Included: Electric Water Heater, Water Softener Owned
- Laundry: Washer Hookup
Features
- Jetted Tub, Other, See Remarks, Skylights, Natural Woodwork, Bedroom on Main Level
- Flooring: Carpet, Laminate, Varies, Vinyl
- Windows: Skylight(s), Thermal Windows
- Basement: Crawl Space,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,678
- Total interior livable area: 2,678 sqft
Property
Parking
- Parking features: Gravel, Two or More Spaces
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Doors
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Deck, Private Yard, See Remarks, Propane Tank - Owned
Lot
- Size: 7 Acres
- Dimensions: 345 x 842
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 50260000300000020180000000
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Other, Vinyl Siding, Wood Siding, PEX Plumbing
- Foundation: Poured
- Roof: Asphalt
Condition
- Resale
- Year built: 1990
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, High Speed Internet Available
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Section 3
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $285,000
- Annual tax amount: $7,393
- Date on market: 1/30/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Price change | $395,000-6%$147/sqft |
Source:  NYSAMLSs #R1657450 Report a problem | ||
| 1/30/2026 | Listed for sale | $420,000+125.8%$157/sqft |
Source: NYSAMLSs #R1657450 Report a problem | ||
| 1/14/2020 | Sold | $186,000-5.6%$69/sqft |
Source: NYSAMLSs #IB400405 Report a problem | ||
| 11/1/2019 | Pending sale | $197,000$74/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 10/11/2019 | Listed for sale | $197,000$74/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 10/2/2019 | Pending sale | $197,000$74/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 8/27/2019 | Listed for sale | $197,000+91.5%$74/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 12/6/2006 | Sold | $102,863$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $285,000 +29.5% |
| 2023 | -- | $220,000 +15.8% |
| 2022 | -- | $190,000 +18.8% |
| 2021 | -- | $160,000 |
| 2020 | -- | $160,000 +28% |
| 2019 | -- | $125,000 +20.2% |
| 2018 | -- | $104,000 |
| 2017 | $3,123 | $104,000 |
| 2016 | -- | $104,000 |
| 2015 | -- | $104,000 |
| 2014 | -- | $104,000 |
| 2013 | -- | $104,000 |
| 2012 | -- | $104,000 |
| 2011 | -- | $104,000 |
| 2010 | -- | $104,000 |
| 2009 | -- | $104,000 |
| 2008 | -- | $104,000 +15.6% |
| 2007 | -- | $90,000 |
| 2006 | -- | $90,000 |
| 2005 | -- | $90,000 +2.3% |
| 2004 | -- | $88,000 +21.4% |
| 2003 | -- | $72,500 |
| 2002 | -- | $72,500 |
| 2001 | -- | $72,500 |
| 2000 | -- | $72,500 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 14850
Nearby schools
GreatSchools rating
- 5/10Enfield SchoolGrades: PK-5Distance: 2.3 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 4.9 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Enfield
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 14850
- New York
- Tompkins County
- Ithaca
- 14850
- 524 Hayts Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Ithaca Topics
