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    Elmira, NY Residential Income Properties for Sale

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    6-Unit Multifamily Property
    Updated: Oct 23
    6-Unit Multifamily Property

    366 Diven Avenue, Elmira, NY 14901

    $118,900
    5,363 sqft 0.23 AC lot
    Four‑unit building is approximately 98% renovated, with separate utilities for each unit
    Separate two‑unit building requires complete renovation and has a new roof
    Two buildings total 5,363 square feet on 0.2287 acres
    Built in 1920; public water and on‑street parking
    Sale is as‑is
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    Mixed-Use Campus with Rental Units
    Updated: Aug 11
    Mixed-Use Campus with Rental Units

    26-33 Log Haven Acres Drive, Elmira, NY 14901

    $1,467,000
    29,086 sqft 17.58 AC lot
    17.58‑acre mixed‑use property with 29,086 square feet across 8 buildings
    43 total rental units, including 16 residential units with apartments and two single‑family homes
    Nearly 1,000 feet of road frontage along both sides of the road
    Storage, open and garage spaces, two commercial business spaces, and a 2‑bay shop with service pit
    AR zoning with an approved solar farm
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    2-Unit Duplex with Detached Garage
    2-Unit Duplex with Detached Garage

    227 Crete Avenue, Elmira, NY 14901

    $120,000
    1,724 sqft 0.34 AC lot

    Both residences are occupied, and each has separate utilities paid by its tenant.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    302 Broadway Street, Elmira, NY 14904

    $135,000
    2,280 sqft

    Two-story residential property with separate living areas and a full basement for storage and utilities.

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

    960 College Avenue, Elmira, NY 14901

    $129,900
    2,880 sqft 0.13 AC lot

    The two-level layout features updated bathrooms, a wraparound porch, and off-street parking.

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    Triplex with Two Garages
    Triplex with Two Garages

    1106 Lake Street, Elmira, NY 14901

    $180,000
    2,312 sqft 0.12 AC lot

    Three vacant apartments include an updated three-bedroom unit and two one-bedroom units.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    358 W Water Street, Elmira, NY 14905

    $180,000
    3,935 sqft 0.21 AC lot

    Three apartments are occupied, with one unit currently vacant.

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    Two-Unit Mixed-Use Building
    Two-Unit Mixed-Use Building

    1105 Walnut St, Elmira, NY 14905

    $185,000
    2,559 sqft

    Commercial and residential components combine with separate access, established salon improvements, and on-site parking.

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

    605 Maple Avenue, Elmira, NY 14904

    $160,000
    3,541 sqft 0.20 AC lot

    Occupied up-and-down duplex with separate front porches, rear garage parking, and outdoor space.

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    Triplex with Unfinished Top Floor
    Triplex with Unfinished Top Floor

    514 W Church, Elmira, NY 14901

    $170,000
    3,980 sqft 0.33 AC lot

    Three-unit residential property with existing tenant occupancy and additional upper-level space for future apartment development, subject to approvals.

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    Three-Unit Residential Triplex
    Three-Unit Residential Triplex

    1319 Lake Street, Elmira, NY 14901

    $142,000
    3,194 sqft

    Separate electric, gas, and water meters serve the property’s units.

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    Updated Side-by-Side Duplex
    Updated Side-by-Side Duplex

    250 Allen Street, Elmira, NY 14904

    $110,000
    1,560 sqft 0.20 AC lot

    Two-unit residential property with separate side-by-side layouts and updated interiors for rental or owner-occupant use.

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    Two-Unit Duplex with Front Porches
    Two-Unit Duplex with Front Porches

    714 W Third Street, Elmira, NY 14905

    $109,900
    1,904 sqft

    West Elmira duplex with separate utilities, private porches, and two residential units.

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    Fully Occupied Multifamily Property
    Fully Occupied Multifamily Property

    708 Linden Pl, Elmira, NY 14901

    $179,000
    3,536 sqft

    Separate tenant-paid electric and gas utilities help limit owner-paid operating expenses.

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    5-Unit Apartment Building with Laundry
    5-Unit Apartment Building with Laundry

    450 Riverside Avenue, Elmira, NY 14904

    $125,000
    4,769 sqft 0.14 AC lot

    Fully occupied building with month-to-month leases and a first-floor coin-operated laundry area.

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    Quadplex with Unfinished ADU
    Quadplex with Unfinished ADU

    2096 College Avenue, Elmira, NY 14903

    $239,900
    2,466 sqft 0.19 AC lot

    Three income-producing apartments and a detached garage conversion support flexible residential use with additional unit potential.

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    Two-Unit Duplex with Porches
    Two-Unit Duplex with Porches

    714 W Third St, Elmira, NY 14905

    $119,900
    1,904 sqft

    West Elmira property offers separate utilities and a flexible owner-occupancy or rental configuration.

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    Duplex
    Duplex

    306 W Center Street, Elmira, NY 14901

    $124,900
    1,620 sqft 0.15 AC lot

    The two-unit property supports rental of both homes or owner occupancy of one alongside rental of the other.

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    Renovated Duplex
    Renovated Duplex

    306 Fulton St, Elmira, NY 14904

    $164,000
    2,270 sqft

    Updated two-unit layout with municipal water and sewer connections.

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    Turnkey Conventional Restaurant with Apartment
    Turnkey Conventional Restaurant with Apartment

    1157 N Main Street, Elmira, NY 14901

    $269,900
    4,658 sqft 0.15 AC lot

    Fully equipped conventional restaurant with an adjacent apartment for owner use or rental.

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    Duplex with Rental Flexibility
    Duplex with Rental Flexibility

    306 W Center St, Elmira, NY 14901

    $124,900
    1,620 sqft

    Two-unit residential property with an upstairs rental arrangement and proximity to a college.

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    Fully Occupied Duplex
    Fully Occupied Duplex

    360 Diven Avenue, Elmira, NY 14901

    $70,000
    2,112 sqft 0.23 AC lot

    Two-unit residential property with separate utilities, forced-air heating, and a basement.

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    Two-Unit Duplex
    Two-Unit Duplex

    227 Lynwood Avenue, Elmira, NY 14903

    $129,900
    1,616 sqft

    Separate utility services serve each residence, while the upper apartment remains available for occupancy.

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    Duplex with Detached Garage
    Duplex with Detached Garage

    733 Winsor Avenue, Elmira, NY 14905

    $64,900
    1,840 sqft 0.65 AC lot

    Each residence has two bedrooms and one bathroom, with the layout also described as convertible to a single-family home.

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    Elmira, NY Residential Income Properties Market Trends and Statistics

    Explore 149 residential income properties for sale in Elmira, NY, showcased through 149 active listings on our real estate platform. These investment opportunities span a total of 306,315 square feet of properties for sale, with an estimated market value of $15,880,972.

    Sale prices for residential investment properties in Elmira, NY start at $34,825, averaging $111,055, and reaching up to $1,467,000 — 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 148
    Duplexes 116
    Triplexes 15
    Quadplexes 11
    Apartment buildings 4

    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 $77.9K
    14905 $98.2K
    14903 $120.1K
    14901 $137.5K

    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)

    Average Property Price per SF

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

    Office

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Elmira, NY

    • 14901
    • 14904
    • 14905
    • 14903

    Featured Elmira Real Estate Agencies

    Realmo connects you with licensed Elmira CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Warren Real Estate-Elmira
    2493 Corning Rd Elmira, NY
    Phone: (607) 398-6416
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