198 King Road E
Ithaca Town, NY, 14850 $ 497,000
Bedrooms6 Baths4.0 Sq 2,800 Monthly Estimate*
$ 3,138
Single Family Home for sale in Ithaca Town, NY
for $497,000 with 6 bedrooms and 4 full baths. This 2,800 square foot home was built in 1987 on a lot size of 0.57.
Outstanding owner-occupied or investment opportunity! This fully renovated duplex offers the perfect blend of convenience and tranquility, ideally located just minutes from Ithaca College and downtown Ithaca while enjoying a peaceful country setting. LOWER LEVEL CURRENTLY RENTED FOR $2400 WILL PAY FOR WELL OVER HALF YOUR MORTGAGE! Each spacious 3-bedroom, 2-bath unit has been thoughtfully updated with stylish modern finishes, including sparkling kitchens featuring stainless steel appliances, granite countertops, soft-close cabinetry, stainless steel range hoods, recessed lighting, and contemporary fixtures. Both units also include separate laundry rooms, private decks, and attached one-car garages. The beautifully renovated bathrooms showcase custom tilework, glass-enclosed showers, designer sinks, and heated mirrors for a touch of luxury. Flooring throughout includes a blend of luxury vinyl plank, new carpeting, and tile. Enjoy sweeping long-distance views of Ithaca from the private decks, along with a large, relatively secluded yard complete with an invisible pet fence system. Looking to offset your housing costs or maximize income potential? Ask your agent about prior rental history and monthly income figures. The additional unit could serve as a traditional rental or short-term rental opportunity such as Airbnb, as the property is located outside Ithaca city limits, where non-owner-occupied short-term rentals are still permitted. To make your transition even easier, furnishings—including TVs—are available and negotiable. Whether you’re seeking a low-maintenance primary residence, income-producing property, or turnkey investment, this is an exceptional opportunity you won’t want to miss. Just listed, so schedule your showing today!
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FeaturesInteriorInterior Amenities EntranceFoyer
Basement None
Flooring Carpet Laminate LuxuryVinyl Tile Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) No
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Half Baths 0
Laundry Features WasherHookup
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 4
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GeneralSewer Connected
Heating Electric Baseboard
Utilities CableAvailable ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances ElectricWaterHeater
Garage Spaces 2.0
Patio/Porch Features Covered Deck Porch
Architectural Style Duplex
Security Features SecuritySystemOwned
Construction Materials VinylSiding
School District Ithaca
Year Built 1987
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Duplex
County Tompkins
Property Type Residential
Subdivision Name South Hill
Garage Y/N Yes
Rent Includes Water
Full Baths 4
Status Active
City Ithaca Town
Senior Community Y/N No
High School District Ithaca
Number Of Units Total 2
MLS Area Ithaca-Town-503089
Lot Size Units Acres
Lot Size Square Feet 24829.0
Elementary School South Hill
Year Built Details Existing
Tax Annual Amount 8740.0
Property Condition Resale
Structure Type Duplex
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 355000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
Property Sub Type Additional Duplex
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ExteriorExterior Amenities Deck PrivateYard SeeRemarks
Fencing PetFence
Parking Features Garage Paved TwoOrMoreSpaces GarageDoorOpener
Lot Features IrregularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.57
Building Area Total 2800.0
Lot Dimensions 122X230
Lot Size Acres 0.57
Waterfront Y/N No
Number of Separate Gas Meters 0
Number of Separate Electric Meters 2
Road Frontage Type CityStreet MainThoroughfare
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* Excluded FeaturesList ByIthaca Home At Last, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,138
- Monthly Property Taxes
- $728
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
4570497 Elementary School
3323858 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/1/2026 | $497,000 | -6.19% | Price Down |
| 5/21/2026 | $529,800 | | Listed Price |