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Elmira Multifamily Investment Opportunity

355 W Thurston Street, Elmira, NY 14901

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For Sale

$149,900

MULTI_FAMILY - Other - Elmira, NY

Property size:

4,350 SF

Lot size:

0.13 Acres

Price / SF:

$34/SF

HighLights

Immediate income from a fully occupied 4‑unit property.
Potential for increased income through gradual rent increases to market rates.
Separate heating/furnaces for each unit.
Laundry income included.
Double lot offers additional value.
Long‑term occupancy indicates stability.

We can help!

Listing Contact

Paul OBrien

For Sale

$149,900

MULTI_FAMILY - Other - Elmira, NY

Property size:

4,350 SF

Lot size:

0.13 Acres

Price / SF:

$34/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Jun 14 at 9:06 am

Property Features for 355 W Thurston Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 4
Rooms: Basement, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
Patio and Porch features: Porch
Exterior features: Balcony
Appliances: ElectricWaterHeater, GasWaterHeater
Standard status: Active
APN: 070400-079-017-0001-051-000-0000
Size: 4,350 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Annual Amount: 5385

Utilities

Heating system: Forced Air, Natural Gas, Electric (Heating)
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2
Number of units: 4
Flooring type: Carpet, Laminate, Varies
Building materials: Brick, Frame
Roof type: Shingle
Architectural style: Other

We can help!

Listing Contact

Paul OBrien

Listing agent Paul OBrien License #10401362277

Listing office Keller Williams Realty Southern Tier & Finger Lakes 21 E MARKET ST, SUITE 101, Elmira, NY

Listing date Apr 24, 2026

MLS# R1671293 Listing URL

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.

HighLights

Immediate income from a fully occupied 4‑unit property.
Potential for increased income through gradual rent increases to market rates.
Separate heating/furnaces for each unit.
Laundry income included.
Double lot offers additional value.
Long‑term occupancy indicates stability.

Overview

This is a fully occupied 4-unit multifamily property located in Elmira, NY. The property has been operated conservatively with long-term occupancy and generates a gross annual income of nearly $30,000. Rents appear to be below current market potential, offering the next owner the opportunity to improve performance over time through gradual rent increases and expense review. The property features separate heating/furnaces, laundry income, and a double lot. It is a rare 4-unit option for an investor seeking a steady multi-unit property with room to grow. The lot size is 0.1263 acres and the property size is 4350 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Elmira
County: Chemung
State: New York
Longitude: -76.823722
Latitude: 42.113043

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For sale
Quadplexes
NY
Elmira
14901
355 W Thurston Street

What type of property is this?

Quadplex - Fully occupied 4-unit property with income and growth potential.

Where is this quadplex located?

The property is located at 355 W Thurston Street Elmira, NY.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: Immediate income from a fully occupied 4‑unit property.; Potential for increased income through gradual rent increases to market rates.; Separate heating/furnaces for each unit.

355 W Thurston Street, Elmira, NY 14901

MULTI_FAMILY - Other - Elmira, NY

Property Features for 355 W Thurston Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Updated Commercial Space in Elmira

Elmira Office Building For Sale

Elmira Restaurant Opportunity

Spacious Elmira Commercial Redevelopment Opportunity

Corner Commercial Building

Two-Unit Building with Salon

Elmira Multifamily Investment Opportunity

Four-Unit Apartment Building

Elmira Multifamily Investment Opportunity

Mixed-Use 4-Unit Property

Elmira Commercial Space Available

Elmira Heights Multifamily Investment Opportunity

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