Two-Unit Colonial
44-46 Maple Street, Hornell, NY 14843
For Sale
$259,000
Residential, Hornell, NY
Property Size2,846 SF
Lot Size0.09 Acres
Price / SF$91
Days on Market49
Property Features for 44-46 Maple Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Fireplace
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Amenities
covered front porch
two-car garage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Listing Agency:
Howard Hanna Corning
(607) 936-4663
Listed By:
Malcolm Lane · License NY #104091213686
(607) 731-8373
Added: Sep 25
Changed: Nov 10
Last Checked: Nov 12 at 6:06PM
MLS# R1712466
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 1910 brick and wood-sided duplex contains two separate residences, one on each level, with a total of 5 bedrooms and 2 full bathrooms. Kitchens have been updated, and the interiors feature new flooring and fresh paint. A front porch, off-street parking, and a two-car garage are additional property features.
The property is on Maple Street in Hornell, within walking distance of downtown, schools, shopping, and dining. Forced-air natural gas heat and a public water source serve the building.
The property is on Maple Street in Hornell, within walking distance of downtown, schools, shopping, and dining. Forced-air natural gas heat and a public water source serve the building.
Key Highlights
- Two separate living units, one upper and one lower
- 5 bedrooms and 2 full bathrooms
- Updated kitchens, new flooring, and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,260
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,200
$385.2K
Cap Rate 7%
$275,143
$275.1K
Cap Rate 9%
$214,000
$214.0K
Market Conditions
NOI Build-Up for 2,846 SF
Gross rent
$29.0K $10.20/SF
− Vacancy
−$1.5K −$0.53/SF
EGI
$27.5K $9.67/SF
− OpEx
−$8.3K −$2.90/SF
NOI
$19.3K $6.77/SF
Area
Steuben County, NY
Vacancy
5.22%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,200
Cap Rate 7%
$275,143
Cap Rate 9%
$214,000
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.8K – $321.0K
NOI $19,260 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$253.6K
$221.9K – $295.9K
NOI $17,751 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$693.8K
$607.1K – $809.5K
NOI $48,567 @ 7.0% cap · market cap 18.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
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Business Placement
Demographics for 14843, NY
12,637
Population
6,353
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
132
Density / Sq Mi
$56,004
Median Household Income
$36,286
Median Earnings
$766
Median Rent
$104,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Steuben County, NY
Properties on Market for Duplexes in Steuben County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower residences are complemented by updated kitchens and refreshed interior finishes.
Where is this duplex located?
The property is located at 44-46 Maple Street Hornell, NY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two separate living units, one upper and one lower; 5 bedrooms and 2 full bathrooms; Updated kitchens, new flooring, and fresh interior paint
