Five-Unit Apartment
For Sale
$125,000
450 Riverside Avenue, Elmira, NY 14904
Residential, Elmira, NY
Property Size4,769 SF
Lot Size0.14 Acres
Price / SF$26.21
Days on Market94
Property Features for 450 Riverside Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bathroom 2, Basement, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 2
Appliances
GasWaterHeater
Lot features
Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Elementary school district
Elmira
Middle school district
Elmira
High school district
Elmira
Subdivision
Elmira-City-070400
Standard status
Active
APN
070400-099-008-0006-011-000-0000
Size
4,769 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
89097
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
coin-operated laundry
Building Details
Year built
1949
Floors in Building
2
Number of units
5
Flooring type
Laminate, Varies, Hardwood
Building materials
WoodSiding
Listing Agency:
Keller Williams Realty Southern Tier & Finger Lakes
(607) 795-2900
Listed By:
Kelly N. Squires · License #10301205810
(607) 215-9395
Added: May 27
Changed: Aug 19
Last Checked: Aug 28 at 11:06PM
MLS# R1685020
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 five-unit apartment building offers a fully occupied income stream with long-term tenants currently on month-to-month leases, providing flexibility for future rent adjustments. A coin-operated laundry area is located on the first floor, adding an additional source of building revenue. The property sits on a corner lot.
The building was constructed in 1949 and features wood siding. Interior finishes include laminate, hardwood, and varied flooring. Heating is provided via natural gas forced-air systems, and there is a gas water heater. Water service is public.
With its strong occupancy profile and on-site laundry amenity, the property is positioned for an investor seeking a multifamily asset with straightforward, well-established operations.
The building was constructed in 1949 and features wood siding. Interior finishes include laminate, hardwood, and varied flooring. Heating is provided via natural gas forced-air systems, and there is a gas water heater. Water service is public.
With its strong occupancy profile and on-site laundry amenity, the property is positioned for an investor seeking a multifamily asset with straightforward, well-established operations.
Key Highlights
- Fully occupied five‑unit apartment building with tenants on month‑to‑month leases
- Coin‑operated laundry area on the first floor
- Corner lot location
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building with first-floor coin-operated laundry and natural gas forced-air heating on a corner lot.
Where is this apartment building located?
The property is located at 450 Riverside Avenue Elmira, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Fully occupied five‑unit apartment building with tenants on month‑to‑month leases; Coin‑operated laundry area on the first floor; Corner lot location
