137 Fayette St, Ithaca, NY 14850
Property image
Property image
FOR SALE

$650,000

  • 3 Beds
  • 2 Baths
  • 1,792 sqft

137 Fayette St, Ithaca, NY 14850

Est. Mortgage $4,631/mo*
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Home Highlights

Multi-Family
Built in 1900
$363/sqft

Local Information

  • Map ViewExplore the area around 137 Fayette St.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Opportunities like this are exceptionally rare in downtown Ithaca. Completely reimagined in 2023, this property was taken down to the studs and rebuilt with quality craftsmanship throughout, offering the feel of new construction in one of the city’s most established neighborhoods.

Whether you’re looking for a primary residence with supplemental rental income, a fully income-producing investment, or housing with exceptional flexibility, this property delivers. Configure it as a spacious two-bedroom home with a separate one-bedroom apartment, or lease both units to maximize its investment potential. Its desirable downtown location also lends itself well to long-term, mid-term, or short-term rental strategies, subject to local regulations and buyer verification.

The main residence offers an open-concept layout with soaring ceilings, generous living spaces, two spacious bedrooms, a dedicated den, and a full bathroom on the main level. Thoughtful design details, including oversized live-edge wood window sills, add warmth and character to the modern finishes. Upstairs, the private one-bedroom apartment features an open kitchen and living area, a spacious bedroom with an en-suite full bath, and the same high-end finishes carried throughout the home.

Every major system was replaced and structurally enhanced during the 2023 renovation, including electrical, plumbing, windows, kitchens, bathrooms, flooring, fixtures, and finishes. Ask your agent for the complete list! Beautiful tile backsplashes, custom tiled showers, and quality materials throughout create a level of finish seldom found in nearby properties.

Situated on a corner lot with valuable off-street parking and a welcoming wraparound porch, you’ll enjoy walkable access to the Ithaca Commons, restaurants, shopping, entertainment, and downtown employers. Even better, the home is located outside the flood zone.

For investors, owner-occupants, or even buyers seeking housing with built-in flexibility, this is a truly unique opportunity to own what is essentially a newly constructed property in the heart of downtown Ithaca. Turn key and move in ready.
Last check for updates: about 17 hours ago
Listing by: Keller Williams Realty, (607) 275-5600
Rio Lange
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1704787
Also Listed on NYSAMLSs, NYSAMLSs, NYSAMLSs.

Home Details for 137 Fayette St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1792 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Electric Water Heater
Heating & Cooling
Heating: Electric,BaseboardHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl, Tile, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Luxury Vinyl, Tile, Varies

Exterior Features

Parking & Garage
Parking: One Space
Frontage
Not on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 46

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Frame, Other
Property Information
Condition: ResaleParcel Number: 50070008000000060080000000

Price & Status

Price
List Price: $650,000Price Per Sqft: $363
Status Change & Dates
Possession Timing: Closing

Location

Direction & Address
City: Ithaca City
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca

Agent Information

Listing Agent
Listing ID: R1704787

Building

Building Area
Building Area: 1792 Square Feet

Community

Not Senior CommunityUnits in Building: 2

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 4560.732 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, Other, See Remarks, VA Loan

Rental Terms, Policies & Fees

Rent Includes: Other, See RemarksOwner Pays: Other, See Remarks

Miscellaneous

BasementMls Number: R1704787Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-50070008000000060080000000-R-N

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ithaca

At least 179 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 81 % Say car is needed

  • 79 % Say there's wildlife

  • 76 % Say parking is easy

  • 73 % Say people would walk alone at night

  • 64 % Say yards are well-kept

  • 62 % Say kids play outside

  • 60 % Say it's quiet

  • 59 % Say neighbors are friendly

  • 58 % Say there are sidewalks

  • 56 % Say there's holiday spirit

  • 54 % Say it's walkable to restaurants

  • 49 % Say they plan to stay for at least 5 years

  • 45 % Say it's walkable to grocery stores

  • 43 % Say streets are well-lit

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Bkmonroe1012
    "Its bearable at times. Traffic mostly when the students are back and or when there is construction. "
    0
    Flag
  • Dorota S
    "Nature, proximity to shopping and leisurely activities, quiet."
    0
    Flag
  • Lamont Nelson-fish
    "It’s a good walking neighborhood "
    0
    Flag
  • Trulia User
    "Meeting neighbors for fireplace socializing and watching everyone’s pets is great. The view of July 4th is lovely"
    5
    Flag
  • Trulia User
    "Lots of inebriated college students driving short distances around the neighborhoods when they shouldn’t be and overly intoxicated walking by houses shouting/ overly rowdy at all times of the night & early morning."
    5
    Flag
  • Trulia User
    "Dog friendly and family friendly. Close to Northeast Elementary and Dewitt Middle school - I used to walk to school as a kid growing up there. Safe"
    0
    Flag
  • Trulia User
    "Lots of college students partying (loud music, public drinking/intoxication, recreational drug use, etc..)."
    4
    Flag
  • Trulia User
    "I have been living in Cayuga heights for 4 years, love it absolutely. Feel sad to leave such a quiet and beautiful place."
    0
    Flag
  • Samara G.
    "They would like the dog park mostly the skateboard park and the only thing they wouldn’t like is some landlords expect dog deposits and some don’t allow dogs, whether working dog or not."
    9
    Flag
  • Vanessa H. B.
    "I walk to my office, which is around the corner from where I live. I love it! There is public transport, which I would feel good about using if I moved. "
    4
    Flag
  • Tristan H.
    "Public transportation is readily available and accessible by all who live in Cayuga Heights. TCAT busses run very often and go in all directions."
    4
    Flag
  • Lj279
    "It is hard to live here and depend on public transportation. You must have a car for groceries and emergencies. There is no biking path or good side walks. "
    10
    Flag
  • Mnichols
    "I have lived on south hill for 25 years in 2 different homes. It is close to downtown and state park, I can walk to ithaca college and buttermilk falls park in 10 min each."
    6
    Flag
  • Kurtwright
    "Close to CORNELL campus......walkable Close to Ithaca Commons.....walkable Well maintained historic houses"
    0
    Flag
  • Trulia User
    "You see people walking their dogs all the time. The local park is a great asset of the neighborhood. "
    3
    Flag
  • Joshua P.
    "Views, street lights and nature trail. Traffic can get a bit fast, but the road is safe. New bike paths across the bridge are interesting "
    2
    Flag
  • Paul
    "It is a very easy commute to downtown. Slightly more to the colleges. I consider commutes under 15 minutes to be easy though. I know Ithacans complain about traffic at the “octopus”, but that’s only because most of them have never seen traffic."
    1
    Flag
  • David W.
    "Amazing location! I walk 10 blocks to work. Gimme Coffee is on the way. Historic Northside Triangle is the place to be!"
    0
    Flag
  • Dani932
    "The apartments aren't upgraded for the amount you pay on a one-bedroom. The area is quiet and l haven't had any issues living here."
    0
    Flag
  • Ronald B.
    "Semi-rural atmosphere. Lots of walking paths and hiking trails in the area. Our area of Dryden is in the Ithaca School District, whisky is very good."
    0
    Flag
  • Trulia User
    "Beautiful, nice view. The community is looking forward to sidewalks that will help the area become more navigating. The community is nice but not as inviting as some may like."
    7
    Flag
  • Latoya Peterson
    "Landlords don’t except Section 8 assistants. Good luck getting your security deposit back!?! Slum lords own most property here unfortunately."
    11
    Flag
  • Trulia User
    "Access to public transportation a plus. They need to work on installing shoulders on west king road. Commuting is easy"
    5
    Flag
  • Paul
    "I've lived in the area for 13 years. I've lived in Northeast Ithaca specifically for 5 years. Northeast Ithaca is very competitive as far as buying a home. The people are great and Northeast Elementary including the Ithaca City School District is beyond amazing. Northeast Ithaca is close to Cornell University. There are many reasons why homes in in Northeast Ithaca are in high demand."
    1
    Flag
  • Littlespoon1970
    "I have lived here for three years and I feel safe in this neighborhood. People are friendly and it’s in walking distance to the commons and my work at Ithaca High School."
    0
    Flag
  • Ithacadale169
    "the area I live in is quiet and full of nature with a creek and trails to walk. there are a few loud dogs but they are usually quiet"
    0
    Flag
  • Paul
    "We have neighborhood holiday parties and always run into many familiar faces at community events. Ithaca is a safe small town with great restaurants and attractions."
    1
    Flag
  • Joann.reinhardt
    "Community that gives to family & children of many activities. Dryden offers healthy activities for all ages. Library is an investment for the community. "
    0
    Flag
  • Joann.reinhardt
    "Great community for young families as well as the retired couples. The city and colleges offer many free entertainment to all of the residents. Many grocery stores and restaurants and retail stores to shop. Unique shops on the main common area in the middle of the city. There is so many outdoor lights activities for all ages in the Finger Lakes area. "
    0
    Flag
  • Tim T.
    "There are two parks in a three block area. Level walking throughout the neighborhood. It would be nice however for the city to make the parks more dog friendly and put up waste containers for doggy poop bags. "
    1
    Flag
  • Theguru1992
    "ithaca is a collage towns with many store fronts an bars stores are simple walk down the hill. great place to live or rent with family or going to college"
    0
    Flag
  • Kristin c.
    "Like: many dog owners and they are friendly Not like: no sidewalks on roads where cars drive very fast"
    0
    Flag
  • Mmogelonsky
    "Lots of dogs everywhere and great walking paths...not a lot of sidewalks but drivers are careful. A bit of a drive to the dog park downtown but there are some open areas nearby "
    2
    Flag

Market trends in Ithaca

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$464K
$57.87KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$230
$1MoM
Available listings
151
6MoM

Home Value

Trulia Estimate
$614K
Since last month
Decreased$8K (-1.3%)
Since last year
Increased$235K (+61.8%)
Since last sale
Increased$289K (+89%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +209% in the last 10 years
MonthEstimated value
2026
September 2026$614K
August 2026$622K
July 2026$383K
June 2026$386K
May 2026$381K
April 2026$383K
March 2026$385K
February 2026$377K
January 2026$374K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
121 Cleveland Ave, Ithaca, NY
0.15
Multi-Family Home
$313,650
03/20/26
4
2
2,082
329 W Buffalo St, Ithaca, NY
0.29
Multi-Family Home
$370,000
07/07/26
2
2
1,778
517 W Buffalo St, Ithaca, NY
0.37
Multi-Family Home
$342,200
01/13/26
4
2
1,864
402 S Plain St, Ithaca, NY
0.09
Multi-Family Home
$430,000
05/22/26
5
2.5
2,140
414 W Seneca St, Ithaca, NY
0.28
Multi-Family Home
$425,000
07/30/26
4
2
2,052
406 W Court St, Ithaca, NY
0.41
Multi-Family Home
$255,000
11/10/25
4
2
1,800
328 W Seneca St, Ithaca, NY
0.25
Multi-Family Home
$389,000
01/06/26
4
2
2,190
122-24 Linn St, Ithaca, NY
0.62
Multi-Family Home
$320,000
03/05/26
4
2
1,792
205 W Buffalo St, Ithaca, NY
0.32
Multi-Family Home
$488,800
06/18/26
4
2
1,931
201 Stewart Ave, Ithaca, NY
0.70
Multi-Family Home
$352,500
12/08/25
4
2
2,011

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
136 Fayette St, Ithaca, NY 14850
0.02
$398,900
6
2
1,716
Off Market
413 W Clinton St, Ithaca, NY 14850
0.05
$400,000
4
1.5
1,422
Recently Sold
319 S Albany St, Ithaca, NY 14850
0.08
$540,900
6
4
3,290
Off Market
216 S Geneva St, Ithaca, NY 14850
0.09
$560,000
5
3
2,978
For Sale
311 S Plain St, Ithaca, NY 14850
0.06
$375,000
3
1.5
1,826
For Sale
110 Fayette St, Ithaca, NY 14850
0.08
$235,200
3
1
1,323
Off Market
309 S Plain St, Ithaca, NY 14850
0.07
$309,000
3
1.5
1,429
For Sale
409 S Plain St, Ithaca, NY 14850
0.08
$261,800
3
1
1,174
Off Market
206 Center St, Ithaca, NY 14850
0.09
$200,000
3
1
1,380
For Sale
213 S Plain St, Ithaca, NY 14850
0.09
$343,100
3
2
1,497
Off Market
312 S Plain St, Ithaca, NY 14850
0.09
$200,900
3
2
2,353
Off Market

Price and Tax history

DateEventPrice
Aug 6, 2026
Source: NYSAMLSs #R1704787
Listed For Sale
$650,000
Feb 3, 2022
Source: NYSAMLSs #IB405528
Sold
$325,000
Oct 25, 2021
Source: ITMLS #405528
Contingent
$299,900
Oct 14, 2021
Source: ITMLS #405528
Listed For Sale
$299,900
Jun 27, 2013
Source: NYSAMLSs #IB137490
Sold
$178,000

LGBTQ Local Legal Protections

Rio Lange, Keller Williams Realty, (607) 275-5600
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-09-20 07:25:13 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Frequently asked questions about 137 Fayette St

  • What is the estimated monthly payment for 137 Fayette St?
    Based on a $650,000 list price with 20% down at today's rates, the estimated monthly payment for 137 Fayette St in Ithaca, NY is approximately $4,693 (about $3,508 principal & interest, $1,110 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 137 Fayette St compare to homes in Ithaca?
    137 Fayette St in Ithaca, NY is listed at $650,000, about 40% above the $464K median sale price in Ithaca.
  • What do residents say about Ithaca?
    Residents describe Ithaca, NY as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Ithaca, NY.
  • What are the closest schools to 137 Fayette St?
    The closest schools to 137 Fayette St in Ithaca, NY are Belle Sherman School (Pre-K/Elementary, rated 4/10), Beverly J Martin Elementary School (Pre-K, rated 3/10), Boynton Middle School (rated 8/10).
  • Does 137 Fayette St have parking?
    Yes, 137 Fayette St in Ithaca, NY has on-site parking.
137 Fayette St, Ithaca, NY 14850 is a 3 bedroom, 2 bathroom, 1,792 sqft multi-family built in 1900. This property is currently available for sale and was listed by NYSAMLSs on Aug 6, 2026. The MLS # for this home is MLS# R1704787.