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    316 W Washington Ave Elmira, NY 14901

    New
    Pending
    For Sale
    $128,000

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    2,708 SF
    Lot size:
    0.24 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 316 W Washington Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Wood Frames
    Rooms
    Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    070400-089-010-0004-066-000-0000
    Interior features
    ProgrammableThermostat
    Exterior features
    PrivateYard
    Appliances
    GasWaterHeater
    Size
    2,708 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Vinyl, Tile
    Building materials
    AluminumSiding, CopperPlumbing, PexPlumbing
    Roof type
    Asphalt
    Architectural style
    Other

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

    Listing agent Patrick J. Beckwith (607) 733-2700 License #40BE0983501

    Listing date Dec 8, 2025

    MLS# R1650402 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

    Elmira Multifamily Property For Sale

    This multifamily property was the original home of the first President of Elmira College. The owner has made several updates and improvements in recent years, including a new roof, exterior paint, a completely renovated upstairs apartment, and new hot water tanks. The furnaces have also been serviced. The property offers potential for various uses, such as maintaining long-term tenants, owner-occupancy with rental income from other tenants to cover the mortgage, or conversion into a bed and breakfast for visiting college parents. The property is located in Elmira, NY, and has a lot size of 0.241 acres. The building size is 2708 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -76.816468
    Latitude
    42.098492

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    FAQs

    What type of property is this?
    Duplex - Multifamily property with recent updates and income potential.
    Where is this duplex located?
    The property is located at 316 W Washington Ave Elmira, NY.
    What is the asking price?
    The asking price for this property is $128,000.
    What are key features of this property?
    This property features: - Potential for rental income to offset mortgage payments.; - **Completely renovated upstairs apartment.**; - **New roof and exterior paint.**
    (607) 733-2700
    Request Owner's contact information
    316 W Washington Ave Elmira, NY 14901
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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
    316 W Washington Ave Elmira, NY 14901
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