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    Elmira, NY Residential Income Properties for Sale

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    Horseheads, NY Big Flats, NY Chemung, NY
    79 listings
    Two-Unit Building with Salon
    $185,000
    2,559 SF
    Two-Unit Building with Salon

    1105 Walnut Street, Elmira, NY 14905

    Two-unit building with salon and apartment in Elmira, NY.
    • 2‑unit property built in 1955 with frame construction and shingle roof
    • First floor is set up as a full‑service beauty salon with reception area, 8 styling chairs, wash bins, styling stations, drying stations, and bathroom
    • Second‑floor apartment has a separate entrance and includes 2 bedrooms, living room/den with deck access, full bath, formal dining room, and newer kitchen with appliances
    • Apartment rent is $1,000 per month plus utilities; washer and dryer included
    • Third‑floor loft space is currently used as an additional bedroom
    Updated: May 4
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    Elmira Multifamily Investment Opportunity
    $575,000
    3,960 SF
    Elmira Multifamily Investment Opportunity

    919-921 W 1st Street, Elmira, NY 14905

    Eight-unit apartment complex in West Elmira, excellent investment property.
    • Eight‑unit apartment complex in West Elmira with consistent rental history and very little turnover.
    • Tenants pay all utilities, reducing landlord expenses.
    • Each unit features a living room, dining area with patio access, two bedrooms, laundry/storage room, and a full bath with separate shower.
    • Includes an 8‑bay carport for tenant parking.
    • Identical unit layouts simplify management and maintenance.
    Updated: Apr 8
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    Elmira Multifamily Investment Opportunity
    $150,000
    4,769 SF
    Elmira Multifamily Investment Opportunity

    Fully occupied 5-unit property with immediate cash flow potential.

    450 Riverside Avenue, Elmira, NY 14904

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    Four-Unit Apartment Building
    $120,000
    5,544 SF
    Four-Unit Apartment Building

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

    319 Sylvester Place, Elmira, NY 14904

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    Mixed-Use Four-Unit Property
    $129,900
    2,452 SF
    Mixed-Use Four-Unit Property

    Well-maintained mixed-use building with three residential apartments and one commercial space currently vacant for storage use.

    406 Dewitt Avenue, Elmira, NY 14901

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    Elmira Heights Multifamily Investment Opportunity
    $279,000
    3,288 SF
    Elmira Heights Multifamily Investment Opportunity

    Four-unit property with expansion potential on 0.41 acres.

    220 W 15th Street, Elmira, NY 14903

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    Elmira Triplex: Investment Opportunity
    $190,000
    2,883 SF
    Elmira Triplex: Investment Opportunity

    Well-maintained triplex in Elmira, NY with strong income potential.

    708 W Water Street, Elmira, NY 14905

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    Elmira Multifamily Investment Opportunity
    $149,900
    4,350 SF
    Elmira Multifamily Investment Opportunity

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

    355 W Thurston Street, Elmira, NY 14901

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    Turnkey Restaurant with Apartment Included
    $269,900
    4,658 SF
    Turnkey Restaurant with Apartment Included

    Established restaurant with apartment for sale in Elmira, NY.

    1157 N Main Street, Elmira, NY 14901

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    Turnkey Elmira Multifamily Investment Property
    $249,000
    3,052 SF
    Turnkey Elmira Multifamily Investment Property

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

    403 Walnut Street, Elmira, NY 14901

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    Renovated Duplex in Elmira, NY
    $184,000
    2,270 SF
    Renovated Duplex in Elmira, NY

    Turnkey, renovated duplex perfect for investors or owner-occupancy.

    306 Fulton Street, Elmira, NY 14904

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    Elmira Duplex: Investment Opportunity
    $170,000
    3,541 SF
    Elmira Duplex: Investment Opportunity

    Two-story duplex with classic charm and occupied units.

    605 Maple Avenue, Elmira, NY 14904

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    Elmira Multifamily Investment Opportunity
    $134,000
    5,363 SF
    Elmira Multifamily Investment Opportunity

    Two properties with six units total in Elmira, NY.

    366 Diven Avenue, Elmira, NY 14901

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    Elmira Duplex: Turn-Key Investment
    $125,000
    1,664 SF
    Elmira Duplex: Turn-Key Investment

    Renovated duplex with separate utilities and strong rental potential.

    459 Frank Street, Elmira, NY 14904

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    Elmira Duplex: Income and Growth
    $189,999
    2,720 SF
    Elmira Duplex: Income and Growth

    Duplex in desirable location near medical facilities with income potential.

    1103-1105 College Avenue, Elmira, NY 14901

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    Elmira Duplex with Recent Improvements
    $121,000
    2,456 SF
    Elmira Duplex with Recent Improvements

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

    308 Home Street, Elmira, NY 14904

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    Renovated Side-by-Side Duplex
    $124,900
    2,462 SF
    Renovated Side-by-Side Duplex

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

    312-314 Hathorn Street, Elmira, NY 14901

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    Impeccably Maintained Two-Family Home
    $155,000
    2,068 SF
    Impeccably Maintained Two-Family Home

    Well-designed, updated two-family home with income potential.

    723 Winsor Avenue, Elmira, NY 14905

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    Duplex with Month-to-Month Tenancy
    $75,000
    1,682 SF
    Duplex with Month-to-Month Tenancy

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

    115 Partridge Street, Elmira, NY 14904

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    Two-Unit Residential Duplex
    $75,000
    1,489 SF
    Two-Unit Residential Duplex

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

    304 Home Street, Elmira, NY 14904

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    Elmira Duplex: Investment Opportunity
    $164,999
    2,720 SF
    Elmira Duplex: Investment Opportunity

    Well-kept duplex near medical facilities, offering immediate cash flow.

    1101 College Avenue, Elmira, NY 14901

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    Two-Unit Duplex with Washer Hookups
    $75,000
    2,096 SF
    Two-Unit Duplex with Washer Hookups

    Duplex with two-bedroom units, washer/dryer hookups, and a tenant-occupied unit with utilities handled by the resident.

    614 Winsor Avenue, Elmira, NY 14905

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    Duplex With Covered Porches
    $75,000
    1,476 SF
    Duplex With Covered Porches

    Two-unit duplex in Elmira with on-site laundry and private covered porch space for each unit.

    616 Lewis Street, Elmira, NY 14904

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    Well-Maintained Two-Unit Multifamily Property
    $89,900
    2,584 SF
    Well-Maintained Two-Unit Multifamily Property

    Updated two-unit property with long-term tenants and separate utilities.

    372 Diven Avenue, Elmira, NY 14901

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    Elmira, NY Residential Income Properties Market Trends and Statistics

    Explore 79 residential income properties for sale in Elmira, NY, showcased through 79 active listings on our real estate platform. These investment opportunities span a total of 144,218 square feet of properties for sale, with an estimated market value of $6,481,896.

    Sale prices for residential income properties in Elmira, NY start at $40,000, averaging $127,096, 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

    Multifamily properties 82
    Duplexes 49
    Quadplexes 12
    Apartment buildings 10
    Triplexes 9

    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 $90.6K
    14901 $113.6K
    14905 $243.6K
    14903 $279K

    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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