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    Horseheads, NY Big Flats, NY Chemung, NY
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    Elmira Multifamily Investment Opportunity
    Updated: Apr 8
    Elmira Multifamily Investment Opportunity

    919-921 W 1st Street, Elmira, NY 14905

    $575,000
    3,960 sqft · 0.68 AC lot
    Eight‑unit apartment complex with two 4‑unit buildings plus an 8‑bay carport
    Tenants pay all utilities; landlord covers taxes, insurance, lawn maintenance, snow removal, exterior repairs, and general upkeep
    Lower units rent for $950/month and upper units rent for $925/month
    Each unit features a dining area with sliding doors to a side patio, plus a laundry/storage room and full bath
    On‑site parking includes a garage, and exterior includes a blacktop driveway and patio
    View details
    Elmira Multifamily Investment Opportunity
    Updated: May 27
    Elmira Multifamily Investment Opportunity

    450 Riverside Avenue, Elmira, NY 14904

    $150,000
    4,769 sqft · 0.14 AC lot
    5‑unit property with strong rental history and current full occupancy
    All units are on month‑to‑month leases, offering flexibility for future rent adjustments
    Coin‑operated laundry area on the first floor provides additional income
    Built in 1949 with wood siding exterior
    Heating: natural gas forced air; water source: public
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    Elmira Multifamily Investment Opportunity
    Elmira Multifamily Investment Opportunity

    366 Diven Avenue, Elmira, NY 14901

    $134,000
    5,363 sqft · 0.23 AC lot

    Two properties with six units total in Elmira, NY.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    West Elmira Eight-Unit Apartment Complex
    West Elmira Eight-Unit Apartment Complex

    919-921 W 1st St, Elmira, NY 14905

    $575,000

    Eight-unit apartment complex in West Elmira, excellent investment opportunity.

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    Corner Lot 5-Unit Apartment Building
    Corner Lot 5-Unit Apartment Building

    450 Riverside Ave, Elmira, NY 14904

    $150,000

    Fully occupied 5-unit building with coin-operated laundry and month-to-month leases in Elmira.

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    Elmira Mixed-Use Investment Opportunity
    Elmira Mixed-Use Investment Opportunity

    419 William Street, Elmira, NY 14901

    $89,900
    6,672 sqft · 0.08 AC lot

    10-unit mixed-use property in Elmira, NY with investment potential.

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    Five-Unit Residential Income Property
    Five-Unit Residential Income Property

    424 W 4th St, Elmira, NY 14901

    $99,500

    Five-unit residential building with four one-bedroom units and one two-bedroom unit, recently refreshed with a new roof and hot water tanks.

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    Elmira Multifamily Building For Sale
    Elmira Multifamily Building For Sale

    57 S Main Street, Elmira, NY 14904

    $50,000
    5,400 sqft

    5,400 sq ft commercial building with four units.

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    Elmira Four-Unit Investment Opportunity
    Elmira Four-Unit Investment Opportunity

    355 Columbia Street, Elmira, NY 14901

    $42,900
    3,602 sqft · 0.09 AC lot

    Four-unit investment property in Elmira, NY with income potential.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 Active listings in Elmira, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Unit Property Near NY Border
    Multi-Unit Property Near NY Border

    7088 Route 549, Millerton, PA 16936

    $249,900
    7,210 sqft · 1.02 AC lot

    Multi-unit property with income potential near the New York border.

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    Multi-Unit Property Near NY Border
    Multi-Unit Property Near NY Border

    7088 Route 549, Millerton, PA 16936

    $249,900
    1.02 AC lot

    Investment opportunity with income potential near the New York border.

    View details
    19-Unit Multifamily Property For Sale
    19-Unit Multifamily Property For Sale

    3554 Watkins Rd, Horseheads, NY 14845

    $580,000

    19-unit multifamily property located in the Southern Tier of New York.

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    Land Ready For Development
    Land Ready For Development

    159 & 161 O'Hanlon Street, Horseheads, NY 14845

    Contact for pricing
    0.26 AC lot

    Two parcels of land ready for development in Horseheads, NY.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Elmira, NY

    Consider similar Off-Market properties in Elmira, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    452 Water St
    Multifamily properties

    452 Water St, Elmira, NY 14905

    Value Estimation by Request
    4,724 sqft
    View details
    303 Clinton St
    Multifamily properties

    303 Clinton St, Elmira, NY 14901

    Value Estimation by Request
    2,191 sqft · 0.10 AC lot
    View details
    57 Main St
    Multifamily properties

    57 Main St, Elmira, NY 14904

    Value Estimation by Request
    5,400 sqft · 0.10 AC lot
    View details

    Elmira, NY Apartment Buildings Market Trends and Statistics

    Explore 12 apartment buildings for sale in Elmira, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,766 square feet of properties for sale, with an estimated market value of $1,041,800.

    Sale prices for two-family homes in Elmira, NY start at $42,900, averaging $173,633, and reaching up to $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 45K
    Population Growth (5Y) -4.7%
    Median Household Income $58,161
    College Educated 24.6%

    High-Yield Neighborhoods for Investment

    Identify Elmira submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14901 $91.6K
    14904 $116.7K
    14905 $575K

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $55.93 per SF
    Tax Rate vs County Average 2.80 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chemung County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elmira fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Elmira, NY

    • 14901
    • 14904
    • 14905

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