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    373 W Gray St Elmira, NY 14901

    New
    Under Contract
    For Sale
    $169,500

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    2,300 SF
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 373 W Gray St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Basement, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    APN
    89.18-8-39
    Interior features
    CathedralCeilings
    Appliances
    GasWaterHeater
    Size
    2,300 SF

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Varies, Vinyl
    Building materials
    Frame, VinylSiding, CopperPlumbing
    Roof type
    Shingle, Asphalt, Rolled Hot Mop, Flat
    Architectural style
    Other

    REP HOME SALES & SERVICES (607) 732-1440 [email protected]

    Listing agent Rickey (Rick) E. Paul (607) 732-1440 License #10371200236

    Listing date Dec 3, 2025

    MLS# R1621325 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 in Elmira, NY, features four units. Three units are one-bedroom apartments with market-rate rents that include all utilities. The fourth unit is a vacant two-bedroom apartment. The property has a total size of 2300 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -76.812989
    Latitude
    42.087276

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Elmira, NY, with market-rate rents.
    Where is this quadplex located?
    The property is located at 373 W Gray St Elmira, NY.
    What is the asking price?
    The asking price for this property is $169,500.
    What are key features of this property?
    This property features: - Multifamily property with four units.; - Vacant 2-bedroom unit offers immediate rental income potential or owner-occupancy opportunity.; - Three 1-bedroom units provide consistent market-rate rental income, including all utilities.
    (607) 732-1440
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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
    373 W Gray St Elmira, NY 14901
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