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Two-Unit Duplex with Detached Garage
For Sale
$120,000

227 Crete Ave, Elmira, NY 14901

Both residences have two bedrooms and one full bath, with tenants paying their own utilities.

Property Size1,724 SF
Days on Market13

Property Features for 227 Crete Ave

General Information

Standard status Active
Size 1,724 SF
Total Parking Spaces 2
Property subtype Multi Family
Occupancy 100%

Financials

Gross Income $22,800
Average Monthly Rent $950

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,008

Amenities

deck
fenced backyard
hardwood floors

Building Details

Building Size 1,724 SF
Year Built 1900
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Source: Elliman
Added: Oct 24 Changed: Nov 3 Last Checked: Nov 4 at 2:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Corning

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1900, contains two residences, each with two bedrooms and one full bath. Both units are occupied, and each tenant pays utilities separately. The upper residence has hardwood floors. A detached two-car garage provides additional space, while a deck and fenced backyard serve the property’s outdoor areas.

The property is located at 227 Crete Ave in Elmira, New York. Walk Score is 47, identified as car-dependent, and Bike Score is 42, identified as somewhat bikeable.

Key Highlights

  • Two occupied units, each with 2 bedrooms and 1 full bath
  • Detached 2‑car garage
  • Upper unit features hardwood floors

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

252
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms and one full bath, with tenants paying their own utilities.
Where is this duplex located?
The property is located at 227 Crete Ave Elmira, NY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two occupied units, each with 2 bedrooms and 1 full bath; Detached 2‑car garage; Upper unit features hardwood floors
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