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    Elmira, NY Multifamily Properties for Sale

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    Two-Unit Mixed-Use Building
    Updated: May 4
    Two-Unit Mixed-Use Building

    1105 Walnut Street, Elmira, NY 14905

    $185,000
    2,559 sqft 0.25 AC lot
    Two‑unit building: first floor currently a full‑service beauty salon; second floor a separate‑entry apartment
    Apartment features 2 bedrooms plus living room/den, full bath, newer open kitchen with appliances, and a third‑floor loft used as an additional bedroom
    Apartment rent is $1,000/month plus utilities; washer and dryer included
    Salon includes reception area, 8 styling chairs, wash bins, styling and drying stations, bathroom, and other rooms
    Building set up for separate access with the apartment having its own entrance and access to a deck above the carport
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    Two-Unit Residential Income Duplex
    Updated: Jul 15
    Two-Unit Residential Income Duplex

    220 Robinwood Avenue, Elmira, NY 14903

    $110,000
    1,266 sqft 0.20 AC lot
    2‑unit multi‑family home with separate lower and upper apartments
    Lower unit: 2 bedrooms and 1 full bathroom
    Upper unit: 1 bedroom and 1 full bathroom
    Each apartment includes separate utilities
    Heating includes forced air natural gas; gas water heater included
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    Four-Unit Mixed-Use Income Property
    Four-Unit Mixed-Use Income Property

    2096 College Avenue, Elmira, NY 14903

    $239,900
    2,466 sqft 0.19 AC lot

    Well-maintained mixed-use income property with three residential units and a detached garage ADU with conversion potential.

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    Renovated Duplex in Elmira
    Renovated Duplex in Elmira

    306 Fulton Street, Elmira, NY 14904

    $184,000
    2,270 sqft

    Turnkey duplex with modern finishes, ideal for investors.

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    Renovated Side-by-Side Duplex
    Renovated Side-by-Side Duplex

    312-314 Hathorn Street, Elmira, NY 14901

    $124,900
    2,462 sqft

    Side-by-side duplex with separate utilities, off-street parking, and a large backyard for flexible owner-occupant or investor use.

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    Mixed-Use Four-Unit Income Property
    Mixed-Use Four-Unit Income Property

    406 Dewitt Avenue, Elmira, NY 14901

    $129,900
    2,452 sqft 0.11 AC lot

    Well-maintained four-unit building with three residential apartments and one commercial space, sold as-is.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    450 Riverside Avenue, Elmira, NY 14904

    $125,000
    4,769 sqft 0.14 AC lot

    Fully occupied 5-unit apartment building with first-floor coin-operated laundry and month-to-month tenant leases.

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    Impeccably Maintained Two-Family Home
    Impeccably Maintained Two-Family Home

    723 Winsor Avenue, Elmira, NY 14905

    $155,000
    2,068 sqft

    Well-maintained two-family home with income potential on a quiet street.

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    Elmira Multifamily Investment Opportunity
    Elmira Multifamily Investment Opportunity

    355 W Thurston Street, Elmira, NY 14901

    $149,900
    4,350 sqft 0.13 AC lot

    Fully occupied 4-unit property with income and growth potential.

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    Turnkey Quadplex
    Turnkey Quadplex

    708 Linden Place, Elmira, NY 14901

    $179,000
    3,536 sqft 0.17 AC lot

    Fully occupied quadplex with tenant-paid separate electric and gas utilities for streamlined landlord expense management.

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    Renovated Side-by-Side Duplex
    Renovated Side-by-Side Duplex

    312-314 Hathorn St, Elmira, NY 14901

    $124,900

    Turnkey renovated duplex with separate utilities, off-street parking, and a large backyard for strong tenant appeal.

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    Turnkey Renovated Duplex
    Turnkey Renovated Duplex

    306 Fulton Street, Elmira, NY 14904

    $164,000
    2,270 sqft 0.09 AC lot

    Fully renovated duplex with updated flooring and paint, offering a flexible 6-bedroom, 2-bath configuration across two units.

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    Turnkey Elmira Multifamily Investment Property
    Turnkey Elmira Multifamily Investment Property

    403 Walnut Street, Elmira, NY 14901

    $249,000
    3,052 sqft

    Updated 3-unit property with parking, garage, and expansion potential.

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    Corner Lot 5-Unit Apartment Building
    Corner Lot 5-Unit Apartment Building

    450 Riverside Ave, Elmira, NY 14904

    $150,000

    Fully occupied 5-unit building with coin-operated laundry and month-to-month leases in Elmira.

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    Elmira Multifamily Investment Opportunity
    Elmira Multifamily Investment Opportunity

    366 Diven Avenue, Elmira, NY 14901

    $134,000
    5,363 sqft 0.23 AC lot

    Two properties with six units total in Elmira, NY.

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    Elmira Duplex with Recent Improvements
    Elmira Duplex with Recent Improvements

    308 Home Street, Elmira, NY 14904

    $121,000
    2,456 sqft 0.17 AC lot

    Well-maintained Elmira duplex, turnkey and ready for new owner.

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    Mixed-Use 4-Unit Property
    Mixed-Use 4-Unit Property

    406 Dewitt Ave, Elmira, NY 14901

    $129,900

    Well-maintained quadplex with three apartments and a vacant commercial space for storage in Elmira.

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    Elmira Duplex: Investment Opportunity
    Elmira Duplex: Investment Opportunity

    605 Maple Avenue, Elmira, NY 14904

    $170,000
    3,541 sqft 0.20 AC lot

    Two-story duplex with classic charm and occupied units.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    319 Sylvester Pl, Elmira, NY 14904

    $120,000

    Spacious four-unit building with enclosed porches and separate utilities per unit for straightforward rental management.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    319 Sylvester Place, Elmira, NY 14904

    $120,000
    5,544 sqft 0.15 AC lot

    Two upper and two lower 2-bedroom units with enclosed porches and separate gas and electric services.

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    Two-Unit Duplex with Two-Bed Layout
    Two-Unit Duplex with Two-Bed Layout

    614 Winsor Ave, Elmira, NY 14905

    $75,000

    Occupied Unit A generates $900/month, while Unit B is vacant, and both units include washer/dryer hookups and 1.5 baths.

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    Duplex with Month-to-Month Tenancy
    Duplex with Month-to-Month Tenancy

    115 Partridge Street, Elmira, NY 14904

    $75,000
    1,682 sqft 0.27 AC lot

    Two-unit duplex with washer/dryer hookups and separate living spaces, including a private balcony for one unit.

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    Duplex with Private Balcony
    Duplex with Private Balcony

    115 Partridge St, Elmira, NY 14904

    $75,000

    Two-unit duplex offers in-unit washer/dryer hookups and a private balcony for added rental flexibility.

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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    304 Home Street, Elmira, NY 14904

    $75,000
    1,489 sqft 0.28 AC lot

    Duplex with a 2-bed/1-bath and 1-bed/1-bath unit, plus a large yard and tenant-paid utilities.

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    Elmira, NY Multifamily Properties Market Trends and Statistics

    Explore 80 multifamily properties for sale in Elmira, NY, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 142,084 square feet of properties for sale, with an estimated market value of $6,544,696.

    Sale prices for multifamily properties in Elmira, NY start at $40,000, averaging $125,859, and reaching up to $575,000 — 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 55
    Quadplexes 11
    Apartment buildings 8
    Triplexes 6

    Demographics Overview

    Population 45K
    Population Growth (5Y) -4.7%
    Median Household Income $58,161
    College Educated 24.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    14904 $92.1K
    14901 $102.1K
    14905 $204.8K
    14903 $212K

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $55.93 per SF
    Tax Rate vs County Average 2.80 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chemung County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elmira fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Elmira, NY

    • 14904
    • 14901
    • 14905
    • 14903

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