“A multi-unit rental property in a quiet South Hill neighborhood, close to Ithaca College and Upper Buttermilk Park and trails. Ideal for investors, owner-occupants, or multi-generational living,
with good separation between living areas.
Fully rented with $60,600 gross annual income and an excellent rental history. Each area has
its own washer and dryer, and all units have been recently renovated with updated appliances
and fresh paint. The two main areas have separate electric meters,while the basement areas
share one meter.
New septic system installed last year and driveway drainage replaced by the town in April.
A great income-producing property that is easy to rent and ready for a new owner.
Active
$395,000
580 W King Rd, Ithaca, NY 14850
5beds
2,964sqft
Mixed Use
Built in 1987
0.95 Acres Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Fresh paint
- 18 days
- 458
- 13
Zillow last checked:
Listing updated:
Listed by:
Warren Real Estate of Ithaca Inc. (Downtown) 607-257-0666,
Rebecca Driscoll 607-342-1073
Source: NYSAMLSs,MLS#: R1707644
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Baseboard
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s)
- Flooring: Laminate, Varies, Vinyl
- Windows: Thermal Windows
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area below ground: 988
Property
Parking
- Parking features: Common, Gravel, Parking Available
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open, Porch
- Exterior features: Deck, Private Yard, See Remarks
Lot
- Size: 0.95 Acres
- Dimensions: 200 x 208
- Features: Rectangular, Rectangular Lot, Wooded
Details
- Parcel number: 50220000100000010120030000
- Zoning description: Residential 2 Unit
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,See Remarks
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding, PEX Plumbing
- Roof: Asphalt
Condition
- Resale
- Year built: 1987
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $300,000
- Annual tax amount: $7,525
- Date on market: 8/20/2026
- Listing terms: Cash,Conventional,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $395,000$133/sqft |
Source:  NYSAMLSs #R1707644 Report a problem | ||
| 7/15/2026 | Listing removed | $395,000$133/sqft |
Source: NYSAMLSs #R1671765 Report a problem | ||
| 4/16/2026 | Listed for sale | $395,000+163.3%$133/sqft |
Source: NYSAMLSs #R1671765 Report a problem | ||
| 4/10/2026 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 3/30/2026 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 12/14/2012 | Sold | $150,000-12.6%$51/sqft |
Source: NYSAMLSs #IB135759 Report a problem | ||
| 1/26/2012 | Sold | $171,700$58/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $300,000 |
| 2024 | -- | $300,000 +11.9% |
| 2023 | -- | $268,000 +7.2% |
| 2022 | -- | $250,000 +31.6% |
| 2021 | -- | $190,000 |
| 2020 | -- | $190,000 |
| 2019 | -- | $190,000 +26.7% |
| 2018 | -- | $150,000 |
| 2017 | $4,569 | $150,000 |
| 2016 | -- | $150,000 |
| 2015 | -- | $150,000 |
| 2014 | -- | $150,000 |
| 2013 | -- | $150,000 -16.7% |
| 2012 | -- | $180,000 |
| 2011 | -- | $180,000 |
| 2010 | -- | $180,000 |
| 2009 | -- | $180,000 |
| 2008 | -- | $180,000 +30.4% |
| 2007 | -- | $138,000 |
| 2006 | -- | $138,000 |
| 2005 | -- | $138,000 +6.2% |
| 2004 | -- | $130,000 +8.7% |
| 2003 | -- | $119,600 +4% |
| 2002 | -- | $115,000 |
| 2001 | -- | $115,000 |
| 2000 | -- | $115,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14850
Nearby schools
Schools provided by the listing agent
- Elementary: South Hill
- Middle: Boynton Middle
- High: Ithaca Senior High
- 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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