Updated Two-Unit
For Sale
$170,000
110 W 3rd Street, Corning, NY 14830
Residential, Corning, NY
Property Size1,632 SF
Lot Size0.12 Acres
Price / SF$104.17
Days on Market52
Property Features for 110 W 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential 2 Unit
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Basement
Parking features
On Street
Patio and Porch features
Porch
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Corning-Painted Post
Middle school district
Corning-Painted Post
High school district
Corning-Painted Post
Directions
From Denison turn left on Pine St., W third take a right, drive all of the way down to 110, duplex will be on the left.
Subdivision
Corning-City-460300
Standard status
Active
APN
460300-317-060-0001-017-000
Size
1,632 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
4878
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood, Laminate
Building materials
VinylSiding
Roof type
Shingle
Listing Agency:
Keller Williams Realty Southern Tier & Finger Lakes
(607) 795-2900
Listed By:
Amanda Patterson · License #10401327143
(607) 793-8187
Added: Sep 15
Changed: Oct 30
Last Checked: Nov 5 at 1:06AM
MLS# R1715307
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.
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Investment Insights
Based on property information with market context.
This 1,632-square-foot duplex contains upper and lower residences within a 1905 building on a 0.1196-acre lot. The property includes four bedrooms, two bathrooms, a basement, and a porch, with vinyl siding, a shingle roof, natural-gas forced-air heat, and public water. On-street parking serves the property, and the units have separate utilities.
Recent work includes a wall furnace and washer in the upper residence. The lower residence has newer light fixtures, a washer and dryer, a new refrigerator, and updated dining-room flooring. The upper tenancy is month to month, while the lower residence is available for owner occupancy for a limited time. The property is located near the center of Corning, in Steuben County, New York.
Recent work includes a wall furnace and washer in the upper residence. The lower residence has newer light fixtures, a washer and dryer, a new refrigerator, and updated dining-room flooring. The upper tenancy is month to month, while the lower residence is available for owner occupancy for a limited time. The property is located near the center of Corning, in Steuben County, New York.
Key Highlights
- 1,632‑square‑foot duplex on a 0.1196‑acre lot
- Upper and lower residences with separate utilities
- Four bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,044
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,880
$220.9K
Cap Rate 7%
$157,771
$157.8K
Cap Rate 9%
$122,711
$122.7K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$16.6K $10.20/SF
− Vacancy
−$869 −$0.53/SF
EGI
$15.8K $9.67/SF
− OpEx
−$4.7K −$2.90/SF
NOI
$11.0K $6.77/SF
Area
Steuben County, NY
Vacancy
5.22%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,880
Cap Rate 7%
$157,771
Cap Rate 9%
$122,711
Alternative Uses
Best Use
Multifamily LT 5
$157.8K
$138.1K – $184.1K
NOI $11,044 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$145.4K
$127.2K – $169.7K
NOI $10,179 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$397.9K
$348.1K – $464.2K
NOI $27,850 @ 7.0% cap · market cap 16.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
Demographics for 14830, NY
18,949
Population
9,324
Households
2
Avg Household Size
40
Median Age
41%
College-Educated
96%
High-School Grad
90.6 sq mi
ZIP Area
209
Density / Sq Mi
$73,831
Median Household Income
$48,331
Median Earnings
$997
Median Rent
$168,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower residences offer separate utilities, recent improvements, and a porch near central Corning.
Where is this duplex located?
The property is located at 110 W 3rd Street Corning, NY.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 1,632‑square‑foot duplex on a 0.1196‑acre lot; Upper and lower residences with separate utilities; Four bedrooms, two bathrooms, and a basement
