Search
Two-Unit Duplex with Basement
New
For Sale
$39,900

701 Jay Street, Elmira, NY 14901

Residential, Elmira, NY

Property Size2,027 SF
Lot Size0.18 Acres
Price / SF$19.68
Days on Market6

Property Features for 701 Jay Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 4, Bedroom 1
Appliances ElectricWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Active
APN 070400-089-016-0002-047-000-0000
Size 2,027 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 3450

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1860
Floors in Building 2
Number of units 2
Flooring type Varies, Hardwood
Building materials WoodSiding
Architectural style Other
Listing Agency: Howard Hanna Horseheads
Listed By: Nicholas Magera · License #10401326121
Added: Aug 28 Changed: Aug 31 Last Checked: Sep 2 at 7:06PM
MLS# R1710853

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 two-unit duplex contains 2,027 square feet, with each residence arranged as a two-bedroom, one-bath unit. The property includes a basement, wood siding, and flooring that varies between hardwood and other finishes. Construction dates to 1860, and the building is served by natural-gas forced-air heat, an electric water heater, and public water.

Set on a 0.1837-acre lot in Elmira, the property provides a compact multifamily configuration with four bedrooms and two bathrooms overall. The existing layout and separate-unit design support residential income use, subject to the applicable requirements for the property.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 bathroom
  • 2,027 square feet on a 0.1837‑acre lot
  • Basement included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Storage Facility Real Estate Agency Home Appliance 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby

Demographics for 14901, NY

14,893
Population
6,739
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
80%
High-School Grad
33.2 sq mi
ZIP Area
449
Density / Sq Mi
$40,524
Median Household Income
$28,369
Median Earnings
$835
Median Rent
$90,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Wood-sided property offers two residential units with natural-gas forced-air heating and public water.
Where is this duplex located?
The property is located at 701 Jay Street Elmira, NY.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 bathroom; 2,027 square feet on a 0.1837‑acre lot; Basement included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message