502 W Court Street, Ithaca, NY 14850
Local realty services provided by:HUNT Real Estate ERA
Listed by: lindsay hart
Office: re/max in motion
MLS#:R1716055
Source:NY_GENRIS
Price summary
- Price:$345,000
- Price per sq. ft.:$152.52
About this home
The Perfect House Hack — Location, Cashflow, and Endless Potential Across from Washington Park! Live in one, let the other pay your mortgage.
If you’ve been waiting for the right opportunity to break into the Ithaca market or add a high-potential asset to your portfolio, 502 W Court St demands a look. Sitting right across from the lush, vibrant expanse of Washington Park, this classic 1860 duplex offers a location that simply cannot be replicated.
With 5 bedrooms, 3 bathrooms, and 2,552 square feet of versatile space—plus the convenience of dual street frontage—this property has a phenomenal footprint. It’s no secret that this asset requires some TLC, but seasoned investors and savvy house-hackers know: ugly spells equity.
The 2nd-floor apartment is already generating a reliable $1,600/month with the tenant covering utilities, putting money in your pocket from day one.
The owner-occupied 1st-floor unit will be vacating, giving you a clean slate to move right in, customize your own space, and let the upstairs rent do the heavy lifting on your monthly payment.
Off-street parking in this neighborhood is a massive win, and having laundry available in both units ensures effortless tenant appeal.
Enjoy park-side living with downtown Ithaca just moments away.
Bring your a-team, seize the upside, and turn this incredible location into your smartest real estate move yet....
Contact an agent
Home facts
- Year built:1860
- Listing ID #:R1716055
- Added:51 day(s) ago
- Updated:November 11, 2026 at 04:30 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate, Varies
- Basement:Yes
- Basement Description:Crawl Space
- Living area:2,262 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas, Hot Water
Structure and exterior
- Roof:Metal
- Year built:1860
- Building area:2,262 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Architectural Style:Duplex
- Construction Materials:Frame, Stucco, Vinyl Siding
- Exterior Features:Porch
- Levels:2 Stories
Schools
- Elementary school:Beverly J Martin Elementary
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$152.52
- Tax amount:$8,872
Features and amenities
- Laundry features:Electric Water Heater
Parking
- Parking description:Gravel Driveway
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