582 W King Rd Ithaca, NY 14850
Estimated payment $2,524/month
Highlights
- Deck
- Recreation Room
- Breakfast Bar
- South Hill School Rated A-
- Cathedral Ceiling
- Entrance Foyer
About This Home
Great opportunity for owner-occupants or investors just minutes from Ithaca, Cornell, and Ithaca College. This side-by-side duplex sits on just over an acre in a quiet South Hill / Danby location and offers flexibility that’s hard to find in this price range. Each unit features 2 bedrooms and 1 full bath, with a layout that provides good separation and privacy between the two sides. The lower level in each unit offers additional finished space that can be used as a family room, office, gym, or extra bedroom, depending on your needs. With approximately 2,400 square feet total, the property has a generous footprint compared to many duplexes in the area. This property works well for a variety of buyers — live in one side and rent the other, use both units for rental income, or create a multi-generational living setup. The full basement provides plenty of storage and flexibility, and the 1.1-acre lot offers a peaceful setting while still being close to town. Built in 1985, the home offers solid construction, a practical layout, and strong long-term rental potential in a location with consistent demand. If you’ve been looking for a property with income potential, space, and a convenient Ithaca location, this is one worth seeing.
Listing Agent
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-351-3131 License #10401237932 Listed on: 03/09/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,509
Year Built
- Built in 1985
Lot Details
- 1.1 Acre Lot
- Lot Dimensions are 150x207
- Rural Setting
- Rectangular Lot
Home Design
- Poured Concrete
- Frame Construction
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Entrance Foyer
- Recreation Room
- Carpet
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Deck
- Shed
Schools
- South Hill Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- Baseboard Heating
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 502200-001-000-0001-012-001-0000
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 |
|---|---|---|---|---|
| 2024 | $6,458 | $260,000 | $28,200 | $231,800 |
| 2023 | $6,099 | $225,000 | $28,200 | $196,800 |
| 2022 | $5,625 | $210,000 | $28,200 | $181,800 |
| 2021 | $4,952 | $170,000 | $28,200 | $141,800 |
| 2020 | $4,889 | $170,000 | $28,200 | $141,800 |
| 2019 | $4,559 | $170,000 | $28,200 | $141,800 |
| 2018 | $4,559 | $155,000 | $28,200 | $126,800 |
| 2017 | $4,670 | $155,000 | $24,200 | $130,800 |
| 2016 | $4,740 | $155,000 | $24,200 | $130,800 |
| 2015 | -- | $155,000 | $24,200 | $130,800 |
| 2014 | -- | $130,000 | $20,200 | $109,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $385,000 | -- | $160 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100,000 | Don R Crittenden | |
| Deed | $80,500 | Ralph Nash | |
| Deed | $141,950 | Steven J Baum Pc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $90,000 | Unknown |
Source: Ithaca Board of REALTORS®
MLS Number: R1664740
APN: 502200-001-000-0001-012-001-0000
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Ask me questions while you tour the home.