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
$420,000
524 Hayts Rd, Ithaca, NY 14850
5beds
1,404sqft
Triplex, Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
One-bedroom one-bath apartmentStudio apartment
- 6 days |
- 1,356 |
- 26 |
Zillow last checked: 8 hours ago
Listing updated: February 04, 2026 at 12:55pm
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: 1,404
- Total interior livable area: 1,404 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: $299/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 |
|---|---|---|
| 1/30/2026 | Listed for sale | $420,000+125.8%$299/sqft |
Source:  NYSAMLSs #R1657450 Report a problem | ||
| 1/14/2020 | Sold | $186,000-5.6%$132/sqft |
Source: NYSAMLSs #IB400405 Report a problem | ||
| 11/1/2019 | Pending sale | $197,000$140/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 10/11/2019 | Listed for sale | $197,000$140/sqft |
Source: Warren Real Estate #400405 Report a problem | ||
| 10/2/2019 | Pending sale | $197,000$140/sqft |
Source: Warren Real Estate #400405 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% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 14850
Nearby schools
GreatSchools rating
- 3/10Enfield SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Boynton 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.
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