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Side-by-Side Duplex
For Sale
$60,000
Pending

508 Franklin Street, Elmira, NY 14904

Residential, Elmira, NY

Property Size3,084 SF
Lot Size0.72 Acres
Days on Market332

Property Features for 508 Franklin Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 6, Basement, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5
Parking features On Street
Appliances GasWaterHeater
Lot features Irregular Lot, Near Public Transit, Residential Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Pending
APN 070400-099-010-0006-028-000-0000
Size 3,084 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Annual Amount 3202

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Vinyl, Hardwood, Varies
Building materials AluminumSiding, VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Howard Hanna Horseheads
Listed By: Nolan Heffner · License #10401395988
Added: Nov 14, 2025 Changed: Sep 22 Last Checked: Oct 12 at 4:06PM
MLS# R1650851

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 1900, this side-by-side duplex contains 3,084 square feet across two residential units. Each unit provides three bedrooms and one bathroom, with separate utilities and its own porch. The property is being offered in its current as-is condition, with no repairs planned by the seller.

Set on 0.7248 acres at 508 Franklin Street in Elmira, the property occupies a corner location near schools and shopping. Construction includes aluminum and vinyl siding, while interior flooring varies among vinyl and hardwood. Additional features include forced-air natural gas heat, a gas water heater, an asphalt roof, public water, basement space, and on-street parking.

Key Highlights

  • Side‑by‑side duplex with 3,084 square feet
  • Each unit includes 3 bedrooms and 1 bathroom
  • Separate utilities and individual porches

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

Multi-tenant
Tenancy
Yes
Utilities to site

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
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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 - Two connected residences offer separate utilities, individual porches, and three-bedroom layouts in each unit.
Where is this duplex located?
The property is located at 508 Franklin Street Elmira, NY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 3,084 square feet; Each unit includes 3 bedrooms and 1 bathroom; Separate utilities and individual porches
More about this property
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