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
33 Suburban Drive Elmira, NY LOCATION, LOCATION, LOCATION - Convenience at your fingertips! Check out this great ranch ...	3 beds \| 3 baths \| 1,486 sq.ft.	$257,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 7.06% Airbnb Rental Income: $997 Traditional Rental Income: $2611 Airbnb ROI: -1.06% Traditional ROI: 7.06%
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%
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.	$152,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.49% Airbnb Rental Income: $997 Traditional Rental Income: $1241 Airbnb ROI: 1.37% Traditional ROI: 5.49%
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%
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.	$276,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $3345 Airbnb ROI: N/A Traditional ROI: 9.52%
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: 5.56% Airbnb Rental Income: $997 Traditional Rental Income: $2404 Airbnb ROI: -1.47% Traditional ROI: 5.56%
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.	$125,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 10.47% Airbnb Rental Income: $1342 Traditional Rental Income: $1649 Airbnb ROI: 4.49% Traditional ROI: 10.47%
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%
421 High Street Elmira, NY Recently Renovated & Ready to Earn! Why deal with the headaches of a fixer-upper when you ...	3 beds \| 2 baths \| 1,435 sq.ft.	$109,999	Airbnb cash on cash: 1.71% Traditional cash on cash: 9.46% Airbnb Rental Income: $997 Traditional Rental Income: $1468 Airbnb ROI: 1.71% Traditional ROI: 9.46%
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.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.46% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 11.46%
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%
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.	$1,000,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.04% Airbnb Rental Income: $5430 Traditional Rental Income: $4969 Airbnb ROI: 1.36% Traditional ROI: 2.04%
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%
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.	$215,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 8.28% Airbnb Rental Income: $997 Traditional Rental Income: $2309 Airbnb ROI: 0.1% Traditional ROI: 8.28%
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.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.95% Airbnb Rental Income: $null Traditional Rental Income: $3956 Airbnb ROI: N/A Traditional ROI: 11.95%
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%
418 Tompkins Street Elmira, NY Welcome to this delightful 3-bedroom, 1-bath home, ideally located in a vibrant neighborho...	3 beds \| 1 baths \| 1,190 sq.ft.	$155,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.2% Airbnb Rental Income: $997 Traditional Rental Income: $1671 Airbnb ROI: 0.26% Traditional ROI: 7.2%
297 Universal Avenue Elmira, NY Welcome to 297 Universal Avenue - a charming and well-maintained home that offers space, c...	3 beds \| 1 baths \| 1,210 sq.ft.	$179,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 7.38% Airbnb Rental Income: $997 Traditional Rental Income: $1732 Airbnb ROI: 1.02% Traditional ROI: 7.38%
21 Dublin Drive Elmira, NY This beautiful home will charm you with its unique custom touches and attention to detail....	4 beds \| 4 baths \| 2,941 sq.ft.	$495,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.58% Airbnb Rental Income: $5430 Traditional Rental Income: $3462 Airbnb ROI: 6.47% Traditional ROI: 4.58%
32 Estates Drive Elmira, NY A SECLUDED SPACIOUS & MODERN CONTEMPORARY ONE OF A KIND "ACORN" HOME IS NESTLED AMONG MATU...	4 beds \| 3 baths \| 3,204 sq.ft.	$429,900	Airbnb cash on cash: 7.17% Traditional cash on cash: 4.4% Airbnb Rental Income: $5430 Traditional Rental Income: $3223 Airbnb ROI: 7.17% Traditional ROI: 4.4%
324 Coleman Avenue Elmira, NY Charming Farmhouse situated on 5 Acres A rare opportunity! This spacious 5-bedroom, 3-bath...	5 beds \| 4 baths \| 3,576 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $3838 Airbnb ROI: N/A Traditional ROI: 5.76%
1103-1105 College Avenue Elmira, NY This duplex at 1103-1105 College Ave is a rare opportunity to secure both immediate income...	6 beds \| 2 baths \| 2,720 sq.ft.	$189,999	Airbnb cash on cash: N/A Traditional cash on cash: 10.61% Airbnb Rental Income: $null Traditional Rental Income: $2618 Airbnb ROI: N/A Traditional ROI: 10.61%
1101 College Avenue Elmira, NY Investors and owner-occupants alike will appreciate this well-kept duplex at 1101 College ...	6 beds \| 2 baths \| 2,720 sq.ft.	$164,999	Airbnb cash on cash: N/A Traditional cash on cash: 11.98% Airbnb Rental Income: $null Traditional Rental Income: $2554 Airbnb ROI: N/A Traditional ROI: 11.98%
816 Larchmont Circle Elmira, NY Elmira, a gateway to the Finger Lakes, offers effortless access to world-class wineries, s...	3 beds \| 3 baths \| 2,628 sq.ft.	$299,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 6.98% Airbnb Rental Income: $997 Traditional Rental Income: $2932 Airbnb ROI: -1.16% Traditional ROI: 6.98%

Real Estate investment in Elmira, NY

There are 48 properties for sale in the city of Elmira . The median list price in Elmira is $125,000 and the average price per square foot is $58. In January 2026, the average monthly cash on cash return in Elmira is 13.00%. The average monthly rental income in Elmira is $2,252.

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

There are 48 investment properties available for sale in Elmira.

In 2026, 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 $1,340.

Your search for investment property begins and ends here

Investment Property for Sale in Elmira, NY

33 Suburban Drive

Elmira, NY

3 beds | 3 baths | 1,486 sq.ft.

$257,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $997

Traditional Rental Income: $2611

Airbnb ROI: -1.06%

Traditional ROI: 7.06%

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%

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.

$152,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 5.49%

Airbnb Rental Income: $997

Traditional Rental Income: $1241

Airbnb ROI: 1.37%

Traditional ROI: 5.49%

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%

917 W Gray Street

Elmira, NY

5 beds | 3 baths | 2,572 sq.ft.

$276,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.52%

Airbnb Rental Income: $null

Traditional Rental Income: $3345

Airbnb ROI: N/A