Elmira, NY Residential Income Properties for Sale

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Horseheads, NY Big Flats, NY Pine City, NY Millerton, PA Ny, NY Gillett, PA Pine Valley, NY Chemung, NY

126 properties

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Updated: Aug 11

Mixed-Use Campus with Rental Units

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

$1,567,000

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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Updated: Sep 1

Four-Unit Property with Detached Garage

250-252 W Hudson Street, Elmira, NY 14904

$102,500

7,008 sqft 0.18 AC lot

Four‑unit quadplex at 250‑252 W Hudson Street, Elmira, NY 14904
7,008‑square‑foot building on 0.1762 acres
Unit mix includes 3‑bedroom, oversized 1‑bedroom, 2‑bedroom, and 4‑bedroom layouts
Four separate electrical breaker boxes and washer‑dryer hookups in each unit
Detached garage may be rented separately

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Triplex with Separate Utilities

708 W Water Street, Elmira, NY 14905

$165,000

2,883 sqft 0.25 AC lot

Three occupied units with established long-term tenancy and public water service in Elmira.

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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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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

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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Two-Unit Duplex with Front Porches

714 W Third Street, Elmira, NY 14905

$119,900

1,904 sqft

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

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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 Separate Utilities

227 Lynwood Avenue, Elmira, NY 14903

$129,900

1,616 sqft 0.14 AC lot

Two-unit residential property with one occupied apartment and a vacant upper unit offering flexible use.

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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 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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Quadplex with Additional Two-Unit Building

366 Diven Avenue, Elmira, NY 14901

$119,900

5,363 sqft 0.23 AC lot

Substantially renovated four-unit property paired with a separate rear structure requiring complete renovation.

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Two-Unit Duplex with Front Porch

306 W Center Street, Elmira, NY 14901

$124,900

1,620 sqft 0.15 AC lot

Natural-gas forced-air heat and public water serve the property.

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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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Mixed-Use Building with Salon

1105 Walnut Street, Elmira, NY 14905

$185,000

2,559 sqft 0.25 AC lot

Two-level property combines an equipped beauty salon with a separately accessed apartment and dedicated parking.

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Updated 3-Unit Multifamily Property

403 Walnut Street, Elmira, NY 14901

$239,000

3,052 sqft

Three-unit property with a detached garage, off-street parking, and updated building systems.

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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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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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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

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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Well-Maintained Multifamily Building

514 W Church, Elmira, NY 14901

$170,000

3,980 sqft

Fully occupied multifamily property with long-term tenants and an unfinished top floor that may allow expansion.

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Renovated Six-Bedroom Duplex

306 Fulton Street, Elmira, NY 14904

$164,000

2,270 sqft 0.09 AC lot

Updated two-unit property with municipal water and sewer, natural-gas forced-air heat, and on-street parking.

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Updated Side-by-Side Duplex

250 Allen St, Elmira, NY 14904

$119,900

1,560 sqft

Two residential units offer a practical configuration for tenants or an owner occupant.

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Triplex With Separate Utility Meters

316 W 1st Street, Elmira, NY 14901

$64,900

2,369 sqft 0.21 AC lot

Three rental units include distinct one- and two-bedroom layouts with individual gas and electric metering.

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Elmira, NY Residential Income Properties Market Trends and Statistics

Explore 126 residential income properties for sale in Elmira, NY, showcased through 126 active listings on our real estate platform. These investment opportunities span a total of 279,762 square feet of properties for sale, with an estimated market value of $14,900,819.

Sale prices for residential income properties in Elmira, NY start at $34,825, averaging $122,137, and reaching up to $1,567,000 — 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

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	$87.1K
14903	$148.5K
14905	$151.7K
14901	$177.9K

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

Retail

Office

Property Size Breakdown

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

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