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    289 Mulberry Ave, Unit 285 Elmira, NY 14903

    New
    For Sale
    $285,000

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    3,072 SF
    Lot size:
    0.33 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 289 Mulberry Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 10, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 9
    Bedrooms
    10
    Bathrooms
    4
    APN
    073403-068-020-0001-004-002-0000
    Appliances
    ElectricWaterHeater
    Size
    3,072 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Varies, Laminate
    Building materials
    Brick, VinylSiding
    Roof type
    Asphalt
    Architectural style
    Other

    RealtyUSA.com (607) 287-8439 [email protected]

    Listing agent Arthur D. Ambrose (607) 733-2700 License #30AM1081022

    Listing date Dec 5, 2025

    MLS# R1651558 Listing URL

    Copyright © 2025 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.

    Overview

    Well-Maintained Four-Unit Income Property

    This well-maintained four-unit income property is located on Mulberry Avenue in Elmira Heights. It features three two-bedroom, one-bath units and one one-bedroom unit with a bath, plus a coin-operated laundry. Several updates have been made to the units, and everything is in great shape. The units have electric heat, which the tenants pay. The landlord is responsible for taxes, sewer, water, lawn maintenance, snow removal, garbage disposal, and the house electric hallway meter. As of December 1, Unit #4 is vacant and will be available for $895 per month; the owner is currently working on this unit. The property is situated on a 0.3306-acre lot. This property offers a great investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.838724
    Latitude
    42.131733

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    FAQs

    What type of property is this?
    Quadplex - Solid income producer with coin laundry in Elmira Heights.
    Where is this quadplex located?
    The property is located at 289 Mulberry Ave, Unit 285 Elmira, NY.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Solid income-producing four-unit property.; - Features three 2-bedroom units and one 1-bedroom unit.; - Coin-operated laundry provides additional income.
    (607) 733-2700
    Request Owner's contact information
    289 Mulberry Ave, Unit 285 Elmira, NY 14903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    289 Mulberry Ave, Unit 285 Elmira, NY 14903
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