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Duplex with Renovation Opportunity
For Sale
$55,000

468 Spaulding Street, Elmira, NY 14904

Residential, Elmira, NY

Property Size1,855 SF
Lot Size0.11 Acres
Price / SF$29.65
Days on Market60

Property Features for 468 Spaulding Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Appliances GasWaterHeater
Lot features Adjacent To Public Land, Irregular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-008-0005-028-000-0000
Size 1,855 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 8754

Utilities

Sewer type Septic Tank
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Tile, Varies, Carpet
Building materials VinylSiding
Listing Agency: Keller Williams Realty
Listed By: Shivani Patel · License #10401386948
Added: Jul 23 Changed: Sep 16 Last Checked: Sep 20 at 8:06PM
MLS# R1701299

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 1,855-square-foot duplex, built in 1900, contains two residential units. One unit is occupied, while the other is vacant and requires a full renovation. The recorded room inventory includes four bedrooms, two bathrooms, and a basement. Existing features include vinyl siding, varied flooring with tile and carpet, natural gas heat, and a gas water heater.

The property occupies 0.1102 acres and is served by public water and a septic tank. The neighboring triplex at 464 Spaulding St. is also offered for sale, creating a potential combined acquisition of five residential units at the two addresses.

Key Highlights

  • Two‑unit duplex with 1,855 SF of property size
  • One unit occupied; second unit vacant and requires full renovation
  • Built in 1900 with vinyl siding and natural gas heating

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Barber Shop Catering Service Furniture & Home Goods

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

599
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One unit is occupied, while the second requires full renovation before re-lease.
Where is this duplex located?
The property is located at 468 Spaulding Street Elmira, NY.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,855 SF of property size; One unit occupied; second unit vacant and requires full renovation; Built in 1900 with vinyl siding and natural gas heating
More about this property
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