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Two-Unit Duplex with Separate Utilities
New
For Sale
$140,000

259 S Walnut St, Elmira, NY 14904

Up-and-down layout includes one occupied apartment and one vacant unit.

Property Size2,436 SF
Days on Market5

Property Features for 259 S Walnut St

General Information

Standard status Active
Size 2,436 SF
Property subtype Multi Family

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,961

Building Details

Building Size 2,436 SF
Year Built 1920
Buildings 1
Stories 2
Units 2
Listing Agency: Warren Real Estate
Listed By: Kelly McKay · License #10301221153
Source: Elliman
Added: Sep 16 Last Checked: Sep 20 at 9:45AM

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 Warren Real Estate

Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two three-bedroom apartments arranged on separate levels. Each residence has its own utilities and laundry facilities. The lower apartment is leased to a long-term tenant, while the upper apartment is vacant for an owner occupant or a tenant selected by the next owner.

Property improvements include a roof replacement completed in 2025, along with a paved driveway, off-street parking, a small backyard, and fencing. The property is located at 259 S Walnut St in Elmira, with a Walk Score of 63 and a Bike Score of 42.

Key Highlights

  • Two three‑bedroom apartments in an up‑and‑down duplex layout
  • Separate utilities and laundry for each apartment
  • Lower unit occupied by a long‑term tenant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Catering Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 14904, NY

15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Up-and-down layout includes one occupied apartment and one vacant unit.
Where is this duplex located?
The property is located at 259 S Walnut St Elmira, NY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two three‑bedroom apartments in an up‑and‑down duplex layout; Separate utilities and laundry for each apartment; Lower unit occupied by a long‑term tenant
More about this property
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