About This Home

This 3-bedroom, 2-bathroom single family at 137 Fayette Street in Ithaca, NY is listed for $650,000 ($363 per sqft). Built in 1900, the home offers 1,792 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1900
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900
Listing Description

Completely reimagined from the studs up in 2023, this beautifully renovated downtown Ithaca home offers the character and location of an established city neighborhood with the comfort, finishes, and major systems of essentially new construction. Even better, a separate one-bedroom apartment creates an exceptional opportunity for supplemental income while enjoying the main residence as your own.

The primary living space features an open-concept layout with soaring ceilings, generous living areas, two spacious bedrooms, a dedicated den, and a full bathroom on the main level. Thoughtful details, including oversized live-edge wood window sills, bring warmth and character to the modern finishes throughout.

The separate one-bedroom apartment offers its own open kitchen and living area, spacious bedroom, and en-suite full bath, all finished to the same high standard as the main home. Use it to generate rental income, create space for extended family or guests, or simply enjoy the flexibility of an additional independent living space.

The property may also offer potential for conversion to a larger single-family residence, subject to City approval and buyer verification. The 2023 renovation was extensive, with major systems replaced and structural improvements completed throughout, including electrical, plumbing, windows, kitchens, bathrooms, flooring, fixtures, and finishes.

Beautiful tile backsplashes, custom tiled showers, and quality materials create a level of finish rarely found in downtown Ithaca homes. Ask your agent for the complete renovation list. Outside, a welcoming wraparound porch overlooks the corner lot, while valuable off-street parking makes downtown living that much easier.

Walk to the Ithaca Commons, restaurants, shopping, entertainment, and downtown employers, all while enjoying the added benefit of a property located outside the flood zone. For a buyer who wants a beautifully finished Ithaca home without giving up financial flexibility, this is a rare combination: live in the main residence while the additional apartment helps offset the cost of ownership. Turnkey, move-in ready, and designed to offer options for years to come.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

137 Fayette Street

Ithaca, NY 14850

Features & Amenities

Interior Features

EatInKitchen

Exterior Features

GravelDriveway

Property Details

Flooring

VinylVariesTile

Construction

Frame

Parking

Garage

Heating

Electric (Heating)Baseboard

Appliances

DryerDishwasherElectricCooktopElectricWaterHeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 137 Fayette Street is listed at $650,000 ($363/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.10 acre lot, 2 stories. Interior Features: EatInKitchen. Exterior Features: GravelDriveway.

This property is listed by Rio Lange.

RL

Rio Lange

License 10401301832

Agent at Keller Williams Realty Southern Tier & Finger Lakes (Ithaca)

Listed by Keller Williams Realty Southern Tier & Finger Lakes (Ithaca) · Broker phone: (607) 275-5600 · View on Broker Site · Broker website

MLS# R1706935· Source: New York State Alliance of MLSs, LLC· 84 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

137 Fayette Street, Ithaca, NY 14850

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