Updated Three-Unit Triplex with Detached
For Sale
$239,000
403 Walnut Street, Elmira, NY 14901
Residential, Elmira, NY
Property Size3,052 SF
Price / SF$78.31
Days on Market107
Property Features for 403 Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bathroom 3
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Elmira
Middle school district
Elmira
High school district
Elmira
Directions
On corner of West 2nd Street and Walnut Street
Subdivision
Elmira-City-070400
Standard status
Active
APN
070400-089-018-0001-031-000-0000
Size
3,052 SF
Taxes and HOA fees
Tax Annual Amount
5007
Utilities
Heating system
Natural Gas, Ductless (Heating), Forced Air
Cooling system
Ductless
Water source
Public
Amenities
parking
garage
laundry room
Building Details
Year built
1952
Floors in Building
2
Number of units
3
Flooring type
Varies, Laminate, Vinyl, Carpet
Building materials
VinylSiding
Roof type
Flat, Shingle
Listing Agency:
Keller Williams Realty Southern Tier & Finger Lakes
(607) 795-2900
Listed By:
Andrew Hughes · License #10401336330
(607) 731-2030
Added: May 12
Changed: Aug 19
Last Checked: Aug 26 at 10:06AM
MLS# R1679872
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 updated three-unit triplex at 403 Walnut Street includes a detached garage, a coin-operated laundry room, and a practical layout designed for rental use. The property offers a mix of finishes and flooring types, with heating that includes forced air natural gas plus ductless heating, and ductless cooling. A gas water heater is also included.
Improvements include a new roof installed July 2024, with most windows replaced and work completed under permits. Electrical and plumbing upgrades are noted, and two apartments have been renovated down to the studs. One standout unit is a massive nearly 1,000-square-foot efficiency apartment that was converted from a former yoga studio, with an open-concept layout.
The property also features ample off-street parking and a large parking lot. Two units have separated utilities, supporting easier operational management. The listing describes a strong tenant payment history and includes the additional laundry option for further resident service and revenue.
Improvements include a new roof installed July 2024, with most windows replaced and work completed under permits. Electrical and plumbing upgrades are noted, and two apartments have been renovated down to the studs. One standout unit is a massive nearly 1,000-square-foot efficiency apartment that was converted from a former yoga studio, with an open-concept layout.
The property also features ample off-street parking and a large parking lot. Two units have separated utilities, supporting easier operational management. The listing describes a strong tenant payment history and includes the additional laundry option for further resident service and revenue.
Key Highlights
- New roof installed July 2024
- Nearly 1,000‑square‑foot efficiency apartment converted from a former yoga studio
- Detached garage plus large parking lot with abundant off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex featuring a detached garage, coin-operated laundry, and separate utilities for two units.
Where is this triplex located?
The property is located at 403 Walnut Street Elmira, NY.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: New roof installed July 2024; Nearly 1,000‑square‑foot efficiency apartment converted from a former yoga studio; Detached garage plus large parking lot with abundant off‑street parking
