Search
Triplex With Separate Utility Meters
New
For Sale
$64,900

316 W 1st Street, Elmira, NY 14901

Residential, Elmira, NY

Property Size2,369 SF
Lot Size0.21 Acres
Price / SF$27.40
Days on Market2

Property Features for 316 W 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions W Church Street to Davis Street. Turn Right onto W 1st Street. 316 will be on the left.
Subdivision Elmira-City-070400
Standard status Active
APN 070400-089-018-0007-014-000-0000
Size 2,369 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 5066

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1902
Floors in Building 2
Number of units 3
Flooring type Laminate, Varies
Building materials Brick, VinylSiding, WoodSiding
Roof type Shingle
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Added: Aug 21 Last Checked: Aug 22 at 9:06PM
MLS# R1708709

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.

Investment Insights

Based on property information with market context.

This three-unit residential property contains 2,369 square feet of living area. The unit mix includes two one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment, providing a varied configuration within the building. Separate gas and electric meters serve each unit. Interior finishes include laminate and varied flooring, while heating is provided by forced-air natural gas. The structure dates to 1902 and uses brick, vinyl siding, and wood siding, with a shingle roof.

The property occupies 0.2107 acres at 316 W 1st Street in Elmira, New York. Public water serves the property. The building requires some TLC, creating a need for property improvements while retaining its three-unit layout.

Key Highlights

  • Three‑unit property with 2,369 square feet of living area
  • Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • Separate gas and electric meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Building Supply Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,168
Businesses Nearby

Demographics for 14901, NY

14,893
Population
6,739
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
80%
High-School Grad
33.2 sq mi
ZIP Area
449
Density / Sq Mi
$40,524
Median Household Income
$28,369
Median Earnings
$835
Median Rent
$90,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three rental units include distinct one- and two-bedroom layouts with individual gas and electric metering.
Where is this triplex located?
The property is located at 316 W 1st Street Elmira, NY.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Three‑unit property with 2,369 square feet of living area; Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; Separate gas and electric meters for each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message