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Owner-Occupied Triplex with Rental Units
For Sale
$355,000

524 Hayts Road, Ithaca, NY 14850

Owner-occupied residence with two currently leased units and on-site parking access.

Property SizeContact for details
Days on Market104

Property Features for 524 Hayts Road

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR, 1 x studio
Multifamily Units 3

Amenities

Security System
Heat Pump
Propane
Central Air
Forced Air
Electric
Window Unit(s)
Electric Water Heater
Water Softener Owned
Deck, Electricity Connected, High Speed Internet Available, Asphalt

Building Details

Year Built 1990
Stories 1
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes (Ithaca)
Listed By: Anthony Vaughn · License #10401375378
Source: Kw
Added: Jun 4 Changed: Sep 14 Last Checked: Sep 14 at 1:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Southern Tier & Finger Lakes (Ithaca)

Investment Insights

Based on property information with market context.

This triplex includes an owner-occupied main residence plus two rental units: a one-bedroom apartment and a studio. Both rental units are currently occupied. The additional living spaces were created within a converted three-bay garage, providing a distinct configuration for a buyer seeking a property with multiple residential components. The home was built in 1990 and includes central air, a heat pump, forced-air heating, window units, a propane system, an electric water heater, and a water softener. Exterior features include a deck, asphalt surfaces, connected electricity, and high-speed internet availability.

A circular driveway provides property access and parking. The property is located at 524 Hayts Road in Ithaca, New York. The sale is contingent on subdivision, and the buyer is responsible for verifying property details and any applicable subdivision or land-use considerations.

Key Highlights

  • Main residence is owner‑occupied
  • Two rental units: one‑bedroom apartment and studio
  • Both rental units are currently occupied

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Building Supply Garden Center Real Estate Agency Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 14850, NY

69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Owner-occupied residence with two currently leased units and on-site parking access.
Where is this triplex located?
The property is located at 524 Hayts Road Ithaca, NY.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Main residence is owner‑occupied; Two rental units: one‑bedroom apartment and studio; Both rental units are currently occupied
More about this property
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