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Four-Unit Apartment Building with Separate Utilities
For Sale
Under Contract
$134,000

366 Diven Avenue, Elmira, NY 14901

MULTI_FAMILY - Elmira, NY

Property Size5,363 SF
Lot Size0.23 Acres
Price / SF$24.99
Days on Market112

Property Features for 366 Diven Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 5, Basement, Bedroom 4, Bathroom 4, Bedroom 2
Parking features On Street
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Active Under Contract
APN 070400-079-019-0002-063-000-0000
Size 5,363 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 1148

Utilities

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

Building Details

Year built 1920
Floors in Building 2
Number of units 6
Flooring type Vinyl, Varies, Laminate
Building materials ShakeSiding, VinylSiding
Roof type Shingle
Listing Agency: Howard Hanna Elmira
Listed By: Keith C. Gustin · License #40GU1174840
Added: Apr 16 Changed: Aug 4 Last Checked: Aug 5 at 10:06PM
MLS# R1673606

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 for-sale apartment building includes two properties: a four-unit building with all separate utilities and reported 98% renovation, and a separate two-unit building behind it that needs to be completely renovated. The two-unit building does have a new roof. The properties are being sold as is.

The overall site is 0.2287 acres and includes 5,363 square feet. The buildings were constructed in 1920 and feature shake and vinyl siding with shingle roofing. Heating includes natural gas and forced air, along with electric (heating), and the available appliances include a gas water heater. Water service is public, and parking is listed as on street.

Interior details include a mix of rooms and bathrooms, with flooring that varies by area and includes vinyl and laminate.

Key Highlights

  • Four‑unit building reported 98% renovated with all separate utilities
  • Separate two‑unit building behind it needs complete renovation; new roof
  • 0.2287 acres total site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Bakery Skin Care Clinic

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

238
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Includes a four-unit building with separate utilities plus a separate two-unit building requiring complete renovation.
Where is this apartment building located?
The property is located at 366 Diven Avenue Elmira, NY.
What is the asking price?
The asking price for this property is $134,000.
What are key features of this property?
This property features: Four‑unit building reported 98% renovated with all separate utilities; Separate two‑unit building behind it needs complete renovation; new roof; 0.2287 acres total site
More about this property
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