Triplex

Elmira, NY Triplexes for Sale

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Horseheads, NY Big Flats, NY Chemung, NY Wellsburg, NY Millerton, PA Ny, NY Gillett, PA Pine Valley, NY
6 properties
Turnkey Elmira Multifamily Investment Property
Updated: May 12
Turnkey Elmira Multifamily Investment Property

403 Walnut Street, Elmira, NY 14901

$249,000
3,052 sqft
3‑unit multifamily property built in 1952 with public water service
New roof installed July 2024; major permitted improvements include significant electrical and plumbing upgrades
Two apartments were renovated down to the studs, including updates to flooring found as vinyl, laminate, and carpet
Income of $2,850/month with no delinquency issues and strong tenant payment history
Large off‑street parking plus a detached garage; coin‑operated laundry room on site
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Elmira Triplex: Investment Opportunity
Updated: Apr 30
Elmira Triplex: Investment Opportunity

708 W Water Street, Elmira, NY 14905

$190,000
2,883 sqft 0.25 AC lot
3‑unit property with long‑term tenants generating $2,250 per month in rental income
All separate utilities for each unit
Year built 1890
Heating includes forced air, baseboard, electric, and natural gas
Fireplace present
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Elmira Triplex Investment Opportunity
Elmira Triplex Investment Opportunity

273 W Chemung Place, Elmira, NY 14904

$64,900
2,449 sqft 0.08 AC lot

Three-unit multifamily property in Elmira, New York, priced to sell.

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Well-Maintained Three-Unit Investment Property
Well-Maintained Three-Unit Investment Property

708 W Water St, Elmira, NY 14905

$190,000

Three-unit property with separate utilities and immediate cash flow.

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Three-Unit Multi-Family Property
Three-Unit Multi-Family Property

361 Fulton Street, Elmira, NY 14904

$69,000
2,868 sqft 0.20 AC lot

Three separate units with independent utilities and recent major updates for an owner-occupant or investor.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

361 Fulton St, Elmira, NY 14904

$69,000

Three fully rented units with separate utilities and major 2021–2023 systems updates.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Elmira, 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.

Apartment and Office Income Building
Apartment and Office Income Building

413 S Main St, Athens, PA 18810

$200,000
5,016 sqft 0.01 AC lot

Mixed-use building with three 1-bedroom apartments and first-floor office space, plus private back-lot parking.

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Three Rentals on One Acre
Three Rentals on One Acre

6610 State Route 415, Bath, NY 14810

$185,000
1,282 sqft 1.00 AC lot

Three rental properties on one acre of land.

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Residential Income Triplex
Residential Income Triplex

6610 State Route 415, Bath, NY 14810

$185,000
1.00 AC lot

Three rental homes on one acre with separate septic systems and a shared 99-foot well.

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Mixed-Use Building with Office Space
Mixed-Use Building with Office Space

413 S. Main St, Athens, PA 18810

$200,000

Three occupied apartments plus an on-site office with kitchenette and full bath offer a flexible downtown income setup.

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Elmira, NY Triplexes Market Trends and Statistics

Explore 6 triplexes for sale in Elmira, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,252 square feet of properties for sale, with an estimated market value of $572,900.

Sale prices for three-family homes in Elmira, NY start at $64,900, averaging $143,225, and reaching up to $249,000 — 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 53
Quadplexes 12
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 $72.2K
14901 $189.5K
14905 $190K

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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