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    Elma, NY Multifamily Properties for Sale

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    Lancaster, NY West Seneca, NY East Aurora, NY Alden, NY Orchard Park, NY Aurora, NY Bowmansville, NY Clarence, NY
    Mixed-Use Building with Office Suites
    Updated: Mar 30, 2025
    Mixed-Use Building with Office Suites

    2901 Bowen Road, Elma, NY 14059

    $679,000
    6,450 sqft 1.42 AC lot
    6,450‑square‑foot mixed‑use building on 1.4225 acres
    Four office suites measuring approximately 1,780, 1,080, 1,200, and 400 square feet
    Two 1‑bedroom, 1‑bath residential apartments with in‑unit laundry and loft areas
    Two offices occupied and two offices vacant
    Full dry basement with 8‑foot ceilings and divided storage areas
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    Mixed-Use Property with Office Suites
    Updated: Mar 30, 2025
    Mixed-Use Property with Office Suites

    2901 Bowen Road, Elma, NY 14059

    $679,000
    4,460 sqft
    Four office suites measuring approximately 1,780, 1,080, 1,200, and 400 Sq. Ft.
    Two large 1‑bedroom 1‑bath apartments with lofts, in‑unit laundry, kitchens, and living rooms
    Suites 1 and 2 can be adjoined into one larger office suite
    Two offices are occupied and two are vacant
    Full dry basement with 8 Ft. ceiling height and individual tenant storage areas
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elma, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    5476 Broadway Street, Lancaster, NY 14086

    $649,000
    9,856 sqft 0.22 AC lot

    Two buildings combine storefronts, apartments, separate utilities, and paved parking near Central Avenue in Lancaster Village.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    8 Sebring Drive, Cheektowaga, NY 14043

    $339,000
    2,379 sqft

    Separate upper and lower apartments each offer three bedrooms, with a fenced yard for additional outdoor space.

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    Two-Unit Duplex with Private Basements
    Two-Unit Duplex with Private Basements

    1 Montauk Ln, Lancaster, NY 14086

    $399,000

    Both residences include central air, separate laundry areas, and individual driveways.

    View details
    Well-Maintained Duplex with Updates
    Well-Maintained Duplex with Updates

    99 S Prince Dr, Cheektowaga, NY 14043

    $389,900

    Impeccably maintained duplex with updated features and tenant-occupied upper unit.

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    Elma, NY Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Elma, NY on our real estate platform. These investment opportunities span a total of 10,910 square feet of properties for sale, with an estimated market value of $1,358,000.

    Sale prices for multifamily properties in Elma, NY average $679,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 9,413
    Population Growth (5Y) -7.2%
    Median Household Income $101,698
    College Educated 59.8%

    High-Yield Neighborhoods for Investment

    Identify Elma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14059 $689K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Retail

    Office

    Residential Income

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