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Duplex with Two Porches
New
For Sale
$54,900

415 Balsam Street, Elmira, NY 14904

Residential, Elmira, NY

Property Size2,211 SF
Lot Size0.19 Acres
Price / SF$24.83
Days on Market5

Property Features for 415 Balsam Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Basement, Bathroom 1, Bathroom 2
Parking features On Street
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions Broadway to Balsam Street.
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-011-0005-008-000-0000
Size 2,211 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 3841

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

porch

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials WoodSiding
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 16 at 3:06AM
MLS# R1721583

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 2,211-square-foot duplex contains two vacant units and was built in 1900. The first apartment has three bedrooms and one bathroom; the second has two bedrooms, one bathroom, and a possible third bedroom or bonus room. Each unit includes its own porch. The property needs updates, and its wood siding, natural gas forced-air heat, gas water heater, public water, and on-street parking are existing features.

The 0.1874-acre property is at 415 Balsam Street in Elmira, New York. The separate living spaces are currently unoccupied.

Key Highlights

  • Two vacant units in a 2,211‑square‑foot duplex
  • First unit: 3 bedrooms and 1 bathroom
  • Second unit: 2 bedrooms, 1 bathroom, and a possible third bedroom or bonus room

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC 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

302
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

Frequently Asked Questions

What type of property is this?
Duplex - Two vacant apartments offer separate layouts, with one providing a flexible bonus room.
Where is this duplex located?
The property is located at 415 Balsam Street Elmira, NY.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Two vacant units in a 2,211‑square‑foot duplex; First unit: 3 bedrooms and 1 bathroom; Second unit: 2 bedrooms, 1 bathroom, and a possible third bedroom or bonus room
More about this property
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