Real Estate Investment Properties for Sale in Elmira, NY

Looking for investment property in Elmira, NY with high ROI ?

Explore a variety of short-term homes & houses in Elmira, NY. Invest wisely with VRBO & Elmira, NY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Elmira, NY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
518 Larchmont Road Elmira, NY The perfect home for a low-maintenance lifestyle! This home features two bedrooms, a bath ...	2 beds \| 2 baths \| 1,062 sq.ft.	$179,999	Airbnb cash on cash: 2.05% Traditional cash on cash: 7.14% Airbnb Rental Income: $1342 Traditional Rental Income: $1803 Airbnb ROI: 2.05% Traditional ROI: 7.14%
719 Dubois Street Elmira, NY Check out this charming and impeccably maintained 3-bedroom, 1-bath, 2-story gem in the de...	3 beds \| 1 baths \| 1,008 sq.ft.	$129,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.01% Airbnb Rental Income: $997 Traditional Rental Income: $1634 Airbnb ROI: 1.07% Traditional ROI: 9.01%
614 Chester Street Elmira, NY Look, LOVE, Live in this adorable bungalow-style home full of charm! From the inviting cov...	2 beds \| 1 baths \| 875 sq.ft.	$114,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 9.14% Airbnb Rental Income: $1342 Traditional Rental Income: $1545 Airbnb ROI: 3.6% Traditional ROI: 9.14%
818 W Water Street Elmira, NY Timeless Charm Meets Modern Comfort in West Elmira This impressive West Elmira residence o...	4 beds \| 3 baths \| 3,897 sq.ft.	$339,900	Airbnb cash on cash: 9.82% Traditional cash on cash: 4.52% Airbnb Rental Income: $5430 Traditional Rental Income: $2644 Airbnb ROI: 9.82% Traditional ROI: 4.52%
325 Fitch Street Elmira, NY Immaculate 3 bedroom on a huge corner lot, You will love the new patio area to sit and enj...	3 beds \| 1 baths \| 1,248 sq.ft.	$149,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 7.95% Airbnb Rental Income: $997 Traditional Rental Income: $1737 Airbnb ROI: 0.27% Traditional ROI: 7.95%
1112 Richard Street Elmira, NY Beautifully Updated Ranch in Southport! This immaculate 3-bedroom, 1.5-bath home has been ...	3 beds \| 2 baths \| 1,064 sq.ft.	$154,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.37% Airbnb Rental Income: $997 Traditional Rental Income: $1241 Airbnb ROI: 1.32% Traditional ROI: 5.37%
214 James Street Elmira, NY Well maintained ranch home in a quiet neighborhood. Two-bedroom home with two full bathroo...	2 beds \| 2 baths \| 1,056 sq.ft.	$129,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 9.17% Airbnb Rental Income: $1342 Traditional Rental Income: $1831 Airbnb ROI: 1.96% Traditional ROI: 9.17%
312 Larchmont Road Elmira, NY Welcome to this inviting 2-bedroom, 1.5 bath home in Elmira that combines comfort, charm, ...	2 beds \| 2 baths \| 966 sq.ft.	$164,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 8.44% Airbnb Rental Income: $1342 Traditional Rental Income: $1838 Airbnb ROI: 2.66% Traditional ROI: 8.44%
1153 College Avenue Elmira, NY The sellers have refinished all the hardwood floors through the home. The roof is new. The...	3 beds \| 1 baths \| 1,480 sq.ft.	$109,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 10.45% Airbnb Rental Income: $997 Traditional Rental Income: $1626 Airbnb ROI: 1.2% Traditional ROI: 10.45%
917 W Gray Street Elmira, NY Welcome to this stunning 4-bedroom, 2-story home nestled in desirable West Elmira. Situate...	5 beds \| 3 baths \| 2,572 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.77% Airbnb Rental Income: $null Traditional Rental Income: $3345 Airbnb ROI: N/A Traditional ROI: 9.77%
605 Maple Avenue Elmira, NY This duplex is a great investment on Maple Ave. Large 2 story home converted to a up / dow...	5 beds \| 2 baths \| 3,541 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.57% Airbnb Rental Income: $null Traditional Rental Income: $2631 Airbnb ROI: N/A Traditional ROI: 11.57%
73 Durland Avenue Elmira, NY Welcome to 73 Durland Avenue. Much larger than it looks, this spectacular Cape Cod in West...	3 beds \| 2 baths \| 2,438 sq.ft.	$265,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.89% Airbnb Rental Income: $997 Traditional Rental Income: $1484 Airbnb ROI: -1.47% Traditional ROI: 1.89%
2287 State Route 352 Elmira, NY Cute as can be two-bedroom home sitting on an acre of land with some beautiful views. Home...	2 beds \| 1 baths \| 1,245 sq.ft.	$149,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 4.02% Airbnb Rental Income: $1342 Traditional Rental Income: $1104 Airbnb ROI: 2.81% Traditional ROI: 4.02%
33 Dalrymple Avenue Elmira, NY Why rent when you can own? This charming ranch in Pine City is the perfect fit for first-t...	2 beds \| 1 baths \| 768 sq.ft.	$127,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 10.3% Airbnb Rental Income: $1342 Traditional Rental Income: $1649 Airbnb ROI: 4.41% Traditional ROI: 10.3%
1729 Pinnacle Road Elmira, NY Welcome to 1729 Pinnacle Road in West Elmira - a spacious 5-bedroom, 2.5-bath home offerin...	5 beds \| 3 baths \| 2,600 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 3.57%
675 W Washington Avenue Elmira, NY This well-maintained 3-bedroom, 1.5-bath home is a fantastic opportunity for investors or ...	3 beds \| 2 baths \| 1,568 sq.ft.	$84,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 9.32% Airbnb Rental Income: $997 Traditional Rental Income: $1338 Airbnb ROI: 0.88% Traditional ROI: 9.32%
324 Laurentian Place Elmira, NY As soon as you walk into this home you will fall in love with its character, charm and sty...	3 beds \| 1 baths \| 1,125 sq.ft.	$169,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 5.79% Airbnb Rental Income: $997 Traditional Rental Income: $1486 Airbnb ROI: 0.58% Traditional ROI: 5.79%
517-519 Pennsylvania Avenue Elmira, NY Unlock the potential of this 8-unit multifamily property in Elmira's Southside. With a tot...	8 beds \| N/A baths \| 6,834 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $1110 Airbnb ROI: N/A Traditional ROI: 3.41%
521 Luce St Elmira, NY This beautifully renovated single-family home with 2 bedrooms, one bathroom and a first le...	2 beds \| 1 baths \| 1,284 sq.ft.	$135,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 9.51% Airbnb Rental Income: $1342 Traditional Rental Income: $1566 Airbnb ROI: 4.6% Traditional ROI: 9.51%
77 Hendy Creek Road Elmira, NY BEST value on the market! Step into a piece of history with this beautifully restored ante...	4 beds \| 4 baths \| 3,784 sq.ft.	$395,000	Airbnb cash on cash: 8.41% Traditional cash on cash: 9.48% Airbnb Rental Income: $5430 Traditional Rental Income: $4735 Airbnb ROI: 8.41% Traditional ROI: 9.48%
1737 Genesee Road Elmira, NY Welcome to one of the area's most exceptional finds - a beautiful 5 bedroom, 4-bath multi ...	5 beds \| 4 baths \| 3,330 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.12% Airbnb Rental Income: $null Traditional Rental Income: $3912 Airbnb ROI: N/A Traditional ROI: 9.12%
107 Harrison Street Elmira, NY Welcome to 107 Harrison St. in wonderful Elmira Heights. You've found a loved and maintain...	2 beds \| 1 baths \| 784 sq.ft.	$124,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 7.7% Airbnb Rental Income: $1342 Traditional Rental Income: $1454 Airbnb ROI: 3.33% Traditional ROI: 7.7%
818 Larchmont Circle Elmira, NY Beautiful & secluded 3 bedroom, 3 bath West Elmira home sits on 1.98 private acres , 2 car...	4 beds \| 2 baths \| 2,860 sq.ft.	$349,000	Airbnb cash on cash: 9.3% Traditional cash on cash: 4.31% Airbnb Rental Income: $5430 Traditional Rental Income: $2701 Airbnb ROI: 9.3% Traditional ROI: 4.31%
100 Curren Drive Elmira, NY Charming Cape Cod in Desirable West Elmira Welcome to this delightful 3-bedroom, 2-bath Ca...	3 beds \| 2 baths \| 1,638 sq.ft.	$198,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 8.7% Airbnb Rental Income: $997 Traditional Rental Income: $2247 Airbnb ROI: 0.16% Traditional ROI: 8.7%
275 W 10th Street Elmira, NY Affordable, Affordable, Affordable is this well maintained 3 BR, 1 Bath Ranch in the Villa...	3 beds \| 1 baths \| 960 sq.ft.	$99,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 11.48% Airbnb Rental Income: $997 Traditional Rental Income: $1623 Airbnb ROI: 1.38% Traditional ROI: 11.48%
464,468 Spaulding Street Elmira, NY Great investment opportunity, this package deal offers 5 units between two buildings. Ther...	6 beds \| N/A baths \| 3,931 sq.ft.	$124,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.98% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 10.98%
704 Reservoir Street Elmira, NY Adorable bungalow with modern updates! Charming and move-in ready, this great home offers ...	3 beds \| 1 baths \| 1,596 sq.ft.	$169,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 6.69% Airbnb Rental Income: $997 Traditional Rental Income: $1706 Airbnb ROI: 0.12% Traditional ROI: 6.69%
133 Marian Avenue Elmira, NY All-New Features from Top to Bottom: Step inside and be greeted by a home that radiates fr...	5 beds \| 3 baths \| 1,784 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $3056 Airbnb ROI: N/A Traditional ROI: 7.83%
420 Tompkins Street Elmira, NY Charming and affordable 2-bedroom home that you can own for less than renting! This spacio...	2 beds \| 1 baths \| 864 sq.ft.	$104,900	Airbnb cash on cash: 4.48% Traditional cash on cash: 9.71% Airbnb Rental Income: $1342 Traditional Rental Income: $1461 Airbnb ROI: 4.48% Traditional ROI: 9.71%
711 Wall Street Elmira, NY Welcome to this well maintained 4-bedroom Cape Cod home, offering the perfect blend of cla...	2 beds \| 2 baths \| 2,502 sq.ft.	$271,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.69% Airbnb Rental Income: $1342 Traditional Rental Income: $2451 Airbnb ROI: -0.27% Traditional ROI: 5.69%
186 Hillcrest Road Elmira, NY Absolutely spectacular custom built home with quality throughout. This 4 bedroom, executiv...	4 beds \| 5 baths \| 6,551 sq.ft.	$1,200,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 1.54% Airbnb Rental Income: $5430 Traditional Rental Income: $4969 Airbnb ROI: 0.97% Traditional ROI: 1.54%
410 Guinnip Avenue Elmira, NY Modern ranch built in 1990 with beautiful curb appeal situated in highly admired West Elmi...	2 beds \| 2 baths \| 1,106 sq.ft.	$154,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 8.56% Airbnb Rental Income: $1342 Traditional Rental Income: $1844 Airbnb ROI: 2.39% Traditional ROI: 8.56%
29 Suburban Drive Elmira, NY This beautifully updated ranch home combines modern luxury with inviting comfort. The main...	3 beds \| 4 baths \| 3,600 sq.ft.	$459,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 5.07% Airbnb Rental Income: $997 Traditional Rental Income: $3414 Airbnb ROI: -1.38% Traditional ROI: 5.07%
1838 W Water Street Elmira, NY Well maintained 3 bed, 2 bath cape on the West side of Elmira. All new within the past 6 y...	3 beds \| 2 baths \| 1,473 sq.ft.	$198,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 7.94% Airbnb Rental Income: $997 Traditional Rental Income: $2152 Airbnb ROI: -0.09% Traditional ROI: 7.94%
103 Durland Avenue Elmira, NY Be prepared to have your jaw drop as you walk into this beautifully decorated, updated and...	3 beds \| 3 baths \| 1,528 sq.ft.	$245,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 8.97% Airbnb Rental Income: $997 Traditional Rental Income: $2598 Airbnb ROI: 0.52% Traditional ROI: 8.97%
327 Noble Street Elmira, NY Come check out this adorable ranch home in a quiet neighborhood close to shopping, restaur...	3 beds \| 2 baths \| 1,695 sq.ft.	$230,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 7.69% Airbnb Rental Income: $997 Traditional Rental Income: $2309 Airbnb ROI: 0.03% Traditional ROI: 7.69%
515 Liberty Street Elmira, NY This lovely three bedroom, one bathroom home has a floorplan with a smooth flow. The updat...	3 beds \| 1 baths \| 1,260 sq.ft.	$115,000	Airbnb cash on cash: 1% Traditional cash on cash: 11.47% Airbnb Rental Income: $997 Traditional Rental Income: $1805 Airbnb ROI: 1% Traditional ROI: 11.47%
625 Roe Avenue Elmira, NY Welcome to this beautifully maintained corner-lot home, perfectly situated right across fr...	3 beds \| 2 baths \| 1,687 sq.ft.	$249,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 6.43% Airbnb Rental Income: $997 Traditional Rental Income: $2236 Airbnb ROI: -0.35% Traditional ROI: 6.43%
740 Larchmont Road Elmira, NY Welcome to this beautiful and spacious home located in West Elmira on the hill! This invit...	5 beds \| 4 baths \| 2,950 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $3956 Airbnb ROI: N/A Traditional ROI: 11.54%
1164 Sprague Road Elmira, NY WELCOME TO 1164 SPRAGUE ROAD! Enjoy the serene setting for this newer LOG HOME, featuring ...	2 beds \| 1 baths \| 1,024 sq.ft.	$199,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 7.17% Airbnb Rental Income: $1342 Traditional Rental Income: $1835 Airbnb ROI: 2.37% Traditional ROI: 7.17%

Real Estate investment in Elmira, NY

There are 51 properties for sale in the city of Elmira . The median list price in Elmira is $124,900 and the average price per square foot is $57. In December 2025, the average monthly cash on cash return in Elmira is 13.00%. The average monthly rental income in Elmira is $2,247.

Elmira, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 51 investment properties available for sale in Elmira.

In 2025, the best neighborhood to buy investment property is Elmira.

The ROI for Short-Term is higher than the Long-Term in Elmira with average rental income of $1,342.

Your search for investment property begins and ends here

Investment Property for Sale in Elmira, NY

518 Larchmont Road

Elmira, NY

2 beds | 2 baths | 1,062 sq.ft.

$179,999

Airbnb cash on cash: 2.05%

Traditional cash on cash: 7.14%

Airbnb Rental Income: $1342

Traditional Rental Income: $1803

Airbnb ROI: 2.05%

Traditional ROI: 7.14%

719 Dubois Street

Elmira, NY

3 beds | 1 baths | 1,008 sq.ft.

$129,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $997

Traditional Rental Income: $1634

Airbnb ROI: 1.07%

Traditional ROI: 9.01%

614 Chester Street

Elmira, NY

2 beds | 1 baths | 875 sq.ft.

$114,900

Airbnb cash on cash: 3.6%

Traditional cash on cash: 9.14%

Airbnb Rental Income: $1342

Traditional Rental Income: $1545

Airbnb ROI: 3.6%

Traditional ROI: 9.14%

818 W Water Street

Elmira, NY

4 beds | 3 baths | 3,897 sq.ft.

$339,900

Airbnb cash on cash: 9.82%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $5430

Traditional Rental Income: $2644

Airbnb ROI: 9.82%

Traditional ROI: 4.52%

325 Fitch Street

Elmira, NY

3 beds | 1 baths | 1,248 sq.ft.

$149,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $997

Traditional Rental Income: $1737

Airbnb ROI: 0.27%

Traditional ROI: 7.95%

1112 Richard Street

Elmira, NY

3 beds | 2 baths | 1,064 sq.ft.

$154,900

Airbnb cash on cash: 1.32%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $997

Traditional Rental Income: $1241

Airbnb ROI: 1.32%

Traditional ROI: 5.37%

214 James Street

Elmira, NY

2 beds | 2 baths | 1,056 sq.ft.

$129,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 9.17%

Airbnb Rental Income: $1342

Traditional Rental Income: $1831

Airbnb ROI: 1.96%

Traditional ROI: 9.17%

312 Larchmont Road

Elmira, NY

2 beds | 2 baths | 966 sq.ft.

$164,900

Airbnb cash on cash: 2.66%

Traditional cash on cash: 8.44%

Airbnb Rental Income: $1342

Traditional Rental Income: $1838

Airbnb ROI: 2.66%