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Residential Income Duplex
For Sale
$85,000
Pending

508 W 1st Street, Elmira, NY 14905

Residential, Elmira, NY

Property Size2,016 SF
Lot Size0.12 Acres
Days on Market43

Property Features for 508 W 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, 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 Pending
APN 070400-089-018-0003-054-000-0000
Size 2,016 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 3960

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials WoodSiding
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 28 at 8:06AM
MLS# R1699464

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 duplex-style residential income property is available for sale in Elmira, NY. The offering includes approximately 2,016 square feet of total building area situated on a 0.1199-acre lot.

The property is located at 508 W 1st Street in Elmira (14905), in Chemung County. As a residential income asset, it is suited for buyers seeking a multi-unit hold within a compact lot configuration.

Additional details such as unit layout, interior condition, and current occupancy are not provided in the available information.

Key Highlights

  • Built in 1890 with wood siding exterior
  • Heating includes forced air with natural gas
  • Gas water heater included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Catering Service Acupuncture Building Supply

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

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 14905, NY

8,645
Population
4,303
Households
2
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
2,336
Density / Sq Mi
$85,888
Median Household Income
$44,209
Median Earnings
$1,112
Median Rent
$169,600
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?
Duplex - Duplex-style residential income property in Elmira, NY, offered for sale with 2,016 square feet.
Where is this duplex located?
The property is located at 508 W 1st Street Elmira, NY.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Built in 1890 with wood siding exterior; Heating includes forced air with natural gas; Gas water heater included
More about this property
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