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Two-Unit Duplex with Separate Utilities
For Sale
$93,900
Pending

420 W 5th Street, Elmira, NY 14901

Residential, Elmira, NY

Property Size2,330 SF
Lot Size0.13 Acres
Days on Market494

Property Features for 420 W 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2
Appliances ElectricWaterHeater
Lot features Corner Lot, Rectangular, Rectangular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Pending
APN 070400-089-014-0003-083-000-0000
Size 2,330 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 3632

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Varies, Carpet, Vinyl
Building materials WoodSiding
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Charles Cerio · License #10401363210
Added: Jun 6, 2025 Changed: Sep 16 Last Checked: Oct 12 at 4:06PM
MLS# R1613071

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.

Built in 1920, this two-unit duplex contains 2,330 square feet on a 0.1286-acre corner lot. Each residence is arranged across upper and lower levels, with separate utility service between the units. The property includes bedrooms, three bathrooms, basement space, vinyl and carpet flooring, wood siding, and natural-gas forced-air heating.

Located in Elmira, the property is near Elmira College and LECOM. Public water serves the building, and an electric water heater is included. The configuration supports continued use as a duplex or an owner-occupied arrangement, as described in the property information.

Key Highlights

  • Two‑unit duplex with 2,330 square feet of building area
  • Separate utilities serve each unit
  • Each unit spans upper and lower levels

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Storage Facility Barber Shop Building Supply

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

842
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
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 - Wood-sided duplex with natural-gas forced-air heat, public water, and a corner lot near Elmira College and LECOM.
Where is this duplex located?
The property is located at 420 W 5th Street Elmira, NY.
What is the asking price?
The asking price for this property is $93,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,330 square feet of building area; Separate utilities serve each unit; Each unit spans upper and lower levels
More about this property
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