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Triplex with Separate Meters
New
For Sale
$142,500

306 South Avenue, Elmira, NY 14904

Residential, Elmira, NY

Property Size2,832 SF
Lot Size0.17 Acres
Price / SF$50.32
Days on Market2

Property Features for 306 South Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Basement, Bathroom 3, Bedroom 2
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-011-0009-023-000-0000
Size 2,832 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 4934

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Vinyl, Tile, Varies
Building materials VinylSiding
Listing Agency: Howard Hanna Horseheads
Listed By: Nicholas Magera · License #10401326121
Added: Sep 26 Last Checked: Sep 27 at 1:06PM
MLS# R1717891

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 2,832-square-foot triplex, built in 1900, contains three apartments: a three-bedroom unit on the ground floor and two one-bedroom units above. The lower apartment is vacant. Each residence has its own gas and electric meter. The building has vinyl siding, replacement windows, and a roof dating to 2018. A gravel driveway and additional parking are located behind the property.

The property occupies a 0.1697-acre lot in Elmira, New York. Heating is provided by natural gas and forced air, and the water source is public.

Key Highlights

  • Three apartments: one three‑bedroom unit and two one‑bedroom units
  • 2,832 square feet on a 0.1697‑acre lot
  • Separate gas and electric meters for each apartment

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

270
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?
Triplex - Individual gas and electric meters serve each apartment, and the three-bedroom residence is vacant.
Where is this triplex located?
The property is located at 306 South Avenue Elmira, NY.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: Three apartments: one three‑bedroom unit and two one‑bedroom units; 2,832 square feet on a 0.1697‑acre lot; Separate gas and electric meters for each apartment
More about this property
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