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Two-Unit Duplex with Outdoor Space
New
For Sale
$75,000

511 W 1st Street, Elmira, NY 14905

Residential, Elmira, NY

Property Size2,522 SF
Lot Size0.14 Acres
Price / SF$29.74
Days on Market6

Property Features for 511 W 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2
Parking features Paved or Surfaced, On Street
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions Walnut to 1st.
Subdivision Elmira-City-070400
Standard status Active
APN 070400-089-018-0003-050-000-0000
Size 2,522 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 3525

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials CompositeSiding
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Added: Sep 6 Changed: Sep 11 Last Checked: Sep 11 at 10:06PM
MLS# R1712708

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 2,522-square-foot duplex contains two three-bedroom apartments. The lower unit includes a covered front porch, basement washer and dryer hookups, separate utilities, paved or surfaced parking, and access to shared side and rear yard areas. The upper apartment features a large balcony and its own separate utility arrangement.

Built in 1890, the property has composite siding, forced-air heating fueled by natural gas, a gas water heater, and public water service. The parcel encompasses 0.143 acres in Elmira, New York, with six bedrooms and two bathrooms identified in the room layout.

Key Highlights

  • Two 3‑bedroom apartments within a 2,522‑square‑foot duplex
  • 0.143‑acre parcel in Elmira, NY
  • Lower unit has a covered front porch and basement washer and dryer hookups

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Catering Service Electrical Service Acupuncture

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

812
Businesses Nearby

Demographics for 14905, NY

8,645
Population
4,303
Households
2
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
2,336
Density / Sq Mi
$85,888
Median Household Income
$44,209
Median Earnings
$1,112
Median Rent
$169,600
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 - Two three-bedroom apartments feature separate utilities, private outdoor areas, and basement laundry hookups.
Where is this duplex located?
The property is located at 511 W 1st Street Elmira, NY.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two 3‑bedroom apartments within a 2,522‑square‑foot duplex; 0.143‑acre parcel in Elmira, NY; Lower unit has a covered front porch and basement washer and dryer hookups
More about this property
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