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Elmira Duplex: Blank Canvas Opportunity
For Sale
$40,970

603-605 W 1st St, Elmira, NY 14905

Versatile downtown Elmira duplex with potential for investors or homeowners.

Property SizeContact for details
Days on Market103

Property Features for 603-605 W 1st St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1900
Listing Agency: Warren Real Estate
Listed By: Valerie Clark
Source: Elliman
Added: Apr 26 Changed: Jul 10 Last Checked: Aug 5 at 11:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Warren Real Estate

Investment Insights

Based on property information with market context.

This downtown Elmira duplex presents a versatile opportunity for investors or those seeking a customizable residence. Currently configured as a duplex, the property offers the flexibility to be converted back into a single-family home. The main level features a one-bedroom, one-bathroom layout with a dedicated office space. The upstairs unit is a studio-style one-bedroom apartment, suitable for rental income or use as a guest suite. A newer furnace and hot water tank have been installed. The property is equipped with two separate meters for easy utility separation between units. Outdoor amenities include a semi-private yard and a detached two-car garage for off-street parking or storage. The property is sold as-is and is located in a very walkable and bikeable area.

Key Highlights

  • Prime downtown location boasts high walkability (78) and bikeability (76).
  • Versatile duplex with potential to convert back to a single‑family home.
  • Newer furnace and hot water tank already installed.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Building Supply Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

245
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

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 - Versatile downtown Elmira duplex with potential for investors or homeowners.
Where is this duplex located?
The property is located at 603-605 W 1st St Elmira, NY.
What is the asking price?
The asking price for this property is $40,970.
What are key features of this property?
This property features: Prime downtown location boasts high walkability (78) and bikeability (76).; Versatile duplex with potential to convert back to a single‑family home.; Newer furnace and hot water tank already installed.
More about this property
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