$59,000
PENDING

509 W 1st St Elmira, NY 14905

Estimated payment $371/month

Total Views 6,097
5 Beds
2 Baths
2,014 Sq Ft
$29 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Rectangular Lot
  • Baseboard Heating

About This Home

Great two unit and great investment opportunity!! Lower Tenant has been there just over 10 years. Upper is now vacant and ready for a new tenant. Property sold as is.

Listing Agent

Keith Gustin

Listing by Howard Hanna Elmira License #40GU1174840 Listed on: 11/05/2025

Howard Hanna Elmira

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 50x112
  • Rectangular Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Siding

Interior Spaces

  • 2,014 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 070400-089-018-0003-051-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: W Church to Walnut. Turn left onto W 1st street.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1286
  • Waterfront: No
  • Construction Type: Composite Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: No Driveway, On Street

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 070400-089-018-0003-051-000-0000
  • Lot Dimensions: 50X112
  • Lot Size Sq Ft: 5600.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3678.0
  • Tax Lot: 51

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,678 $43,000 $7,500 $35,500
2023 $3,672 $43,000 $7,500 $35,500
2022 $1,523 $43,000 $7,500 $35,500
2021 $1,501 $43,000 $7,500 $35,500
2020 $1,566 $43,000 $7,500 $35,500
2019 $3,500 $43,000 $7,500 $35,500
2018 $3,500 $43,000 $7,500 $35,500
2017 $1,522 $43,000 $7,500 $35,500
2016 $1,567 $43,000 $7,500 $35,500
2015 -- $43,000 $7,500 $35,500
2014 -- $43,000 $7,500 $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Pending -- -- --
11/05/2025 11/05/25 For Sale $59,000 0.0% $29 / Sq Ft
12/13/2014 12/13/14 Rented -- -- --
11/13/2014 11/13/14 Under Contract -- -- --
11/12/2014 11/12/14 For Rent $575 -- --
Source: Elmira-Corning Regional Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $38,000 Robert A Groff, Jr
Source: Public Records

About the Listing Agent

Keith Gustin

Listing by Howard Hanna Elmira

(607) 669-2749

Section Image

I am a Licensed Real Estate Agent with Howard Hanna RE Company in the Southern Tier & Finger Lakes Region. I have over 30 years of sales experience and more than 20 years of experience in representing Sellers, Buyers and Investors serving Chemung, Steuben, & Schuyler Counties and have a referral network in Tompkins, Allegany and Broome Counties. Let me put my experience, hard work and attention to detail to work for you.


I think of myself as a one-stop shop and a guide to all things

Keith's Other Listings

  • 606 W Gray St, Elmira, NY 14905

    $85,000

    • 6 Beds
    • 3 Baths
    • 3,838 Sq Ft
    • 606 W Gray St
    • Elmira, NY

    Well maintained 2 unit fully occupied. Tenants pay all utilities. Great income property.

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 419-421 W Fourth St, Elmira, NY 14901

    $69,000

    • 8 Beds
    • 2 Baths
    • 2,492 Sq Ft
    • 419-421 W Fourth St
    • Elmira, NY

    True side by side, tenants pay all utilities. Great investment property. Long term tenant on the left pays $1,300 a month right side is now vacant and was paying $995. Being sold "As-Is".

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 428 W 4th St, Elmira, NY 14901

    $59,000

    • 5 Beds
    • 2 Baths
    • 2,040 Sq Ft
    • 428 W 4th St
    • Elmira, NY

    Two unit Upper/Lower, both long term tenants, hardwood floors, both units have side porches, nice large lot. Tenant pays electric.

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 318 W 4th St, Elmira, NY 14901

    $49,000 Pending

    • 5 Beds
    • 2 Baths
    • 2,093 Sq Ft
    • 318 W 4th St
    • Elmira, NY

    Nice income property with excellent rents. Priced to sell. Near medical school.

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 431 Standish St, Elmira, NY 14901

    $59,000 Pending

    • 8 Beds
    • 4 Baths
    • 2,604 Sq Ft
    • 431 Standish St
    • Elmira, NY

    This 3 unit multi-family is a money maker!! Fully Rented, bringing in over $2700 a month. Detached garage, property being sold as is.

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 716-718 Spaulding St, Elmira, NY 14904

    $69,900

    • 6 Beds
    • 2 Baths
    • 2,259 Sq Ft
    • 716-718 Spaulding St
    • Elmira, NY

    True side by side, two story 2 unit. Very nice condition, yard with privacy fence for both tenants, 2 car garage, long term tenants, all rents on time, great investment property!

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 818 Larchmont Cir, Elmira, NY 14905

    $349,000 Pending

    • 4 Beds
    • 2 Baths
    • 2,860 Sq Ft
    • 818 Larchmont Cir
    • Elmira, NY

    Beautiful & secluded 3 bedroom, 3 bath West Elmira home sits on 1.98 private acres , 2 car attached garage, private setting surrounded by woods. Open foyer with marble flooring, hardwoods throughout main floor, large dining room & living room. Main kitchen has all stainless-steel appliances, also a bonus copper Spice or Wok kitchen, built in home theatre system, entertainment room with sky lights

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 740 Larchmont Rd, Elmira, NY 14905

    $279,000

    • 5 Beds
    • 4 Baths
    • 2,950 Sq Ft
    • 740 Larchmont Rd
    • Elmira, NY

    Welcome to this beautiful and spacious home located in West Elmira on the hill! This inviting property features five bedrooms and three and a half baths offering plenty of space for comfortable living with approximately 2950 sq. ft. This home boasts a very large kitchen, cozy and relaxing living area with a fireplace, spacious bedrooms, finished lower level with a large family room and

    Keith Gustin Howard Hanna Elmira

    Section Image
  • 1151 Shannon Ave, Elmira, NY 14904

    $69,000

    • 2,234 Sq Ft
    • 1151 Shannon Ave
    • Elmira, NY

    Spacious two unit in Southport. Upper 2 bedroom is move in ready, lower unit seller started to re-do but didn't finish, needs sheet rock in two rooms, hardwood floors are present, but need to be installed. A must see and great location.

    Keith Gustin Howard Hanna Elmira

    Section Image

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: R1646678

APN: 070400-089-018-0003-051-000-0000