580 W King Rd Ithaca, NY 14850
Estimated payment $2,707/month
Highlights
- Deck
- Wooded Lot
- Porch
- South Hill School Rated A-
- Private Yard
- Open Patio
About This Home
A multi use rental with self sufficient basement's on both sides offers a practical and flexible layout for rental income, with good separation between units. ideal for investors, owner-occupants who want to live in one side while renting the other, or multi-generational setups. Situated in a tranquil South Hill area. The home provides a peaceful residential feel while remaining close to Ithaca College, amenities, and services. Nearby schools include South Hill School (elementary), Boynton Middle, and Ithaca High. The setting emphasizes quiet living with nature nearby. A new septic system was installed last year and the driveway drainage pipe was just replaced in April by the town. Ready for a new owner. Easy rental history. each area has its own washer and dryer and the basement areas are on one meter while the two min areas have separate meters.
Listing Agent
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-342-1073 License #30DR0907810 Listed on: 04/16/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,525
Year Built
- Built in 1987
Lot Details
- 41,382 Sq Ft Lot
- Lot Dimensions are 200x208
- Rectangular Lot
- Wooded Lot
- Private Yard
Home Design
- Property Attached
- Mixed Use
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,964 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- Parking Available
- Common or Shared Parking
- Paved Parking
Outdoor Features
- Deck
- Open Patio
- Porch
Schools
- South Hill Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Baseboard Heating
- PEX Plumbing
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 502200-001-000-0001-012-003-0000
Community Details
Overview
- Association fees include common area maintenance, gardener, snow removal, water
- 4 Units
Building Details
- 3 Separate Electric Meters
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,426 | $300,000 | $27,200 | $272,800 |
| 2024 | $7,426 | $300,000 | $27,200 | $272,800 |
| 2023 | $7,234 | $268,000 | $27,200 | $240,800 |
| 2022 | $6,527 | $250,000 | $27,200 | $222,800 |
| 2021 | $5,517 | $190,000 | $27,200 | $162,800 |
| 2020 | $5,450 | $190,000 | $27,200 | $162,800 |
| 2019 | $4,416 | $190,000 | $27,200 | $162,800 |
| 2018 | $4,416 | $150,000 | $27,200 | $122,800 |
| 2017 | $4,523 | $150,000 | $23,300 | $126,700 |
| 2016 | $4,591 | $150,000 | $23,300 | $126,700 |
| 2015 | -- | $150,000 | $23,300 | $126,700 |
| 2014 | -- | $150,000 | $19,700 | $130,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Sale | $395,000 | +163.3% | $133 / Sq Ft | |
| 12/14/2012 12/14/12 | Sold | $150,000 | -8.5% | $76 / Sq Ft | View Prior Sale |
| 11/14/2012 11/14/12 | Pending | -- | -- | -- | |
| 01/01/1800 01/01/00 | For Sale | $164,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | Coughlin & Gherhat, Llp Alba |
Source: Ithaca Board of REALTORS®
MLS Number: R1671765
APN: 502200-001-000-0001-012-003-0000
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Ask me questions while you tour the home.