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: 0.22% Traditional cash on cash: 7.06% Airbnb Rental Income: $1369 Traditional Rental Income: $2611 Airbnb ROI: 0.22% Traditional ROI: 7.06%
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: 3.55% Traditional cash on cash: 7.81% Airbnb Rental Income: $1369 Traditional Rental Income: $1484 Airbnb ROI: 3.55% Traditional ROI: 7.81%
1017 Smith Street Elmira, NY This wonderful Southport home offers a semi-open floor plan with dining room and living ro...	3 beds \| 2 baths \| 1,250 sq.ft.	$154,900	Airbnb cash on cash: 3.26% Traditional cash on cash: 6.85% Airbnb Rental Income: $1369 Traditional Rental Income: $1484 Airbnb ROI: 3.26% Traditional ROI: 6.85%
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: 2.45% Traditional cash on cash: 7.95% Airbnb Rental Income: $1369 Traditional Rental Income: $1737 Airbnb ROI: 2.45% Traditional ROI: 7.95%
43 Coleman Avenue Elmira, NY This is a very unique and comfortable tr-level home on a fenced in lot. The back yard is v...	3 beds \| 2 baths \| 1,512 sq.ft.	$149,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 11.01% Airbnb Rental Income: $1369 Traditional Rental Income: $2155 Airbnb ROI: 2.62% Traditional ROI: 11.01%
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: 0.75% Traditional cash on cash: 10.86% Airbnb Rental Income: $1161 Traditional Rental Income: $2042 Airbnb ROI: 0.75% Traditional ROI: 10.86%
1201 Magee Street Elmira, NY This spacious home has everything you need. It features two driveways, a sealed surface, a...	3 beds \| 2 baths \| 1,686 sq.ft.	$169,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.76% Airbnb Rental Income: $1369 Traditional Rental Income: $1484 Airbnb ROI: 2.46% Traditional ROI: 5.76%
459 W Water Street Elmira, NY THIS IS THE ONE! This circa 1930 Colonial is spacious, and gives off a very airy feel! It ...	3 beds \| 2 baths \| 2,322 sq.ft.	$195,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.7% Airbnb Rental Income: $1369 Traditional Rental Income: $1484 Airbnb ROI: 0.82% Traditional ROI: 3.7%
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: 1.7% Traditional cash on cash: 8.44% Airbnb Rental Income: $1161 Traditional Rental Income: $1838 Airbnb ROI: 1.7% Traditional ROI: 8.44%
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.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $3345 Airbnb ROI: N/A Traditional ROI: 9.22%
433 Schuyler Avenue Elmira, NY Welcome to this tastefully remodeled two-story home featuring a charming front porch and a...	3 beds \| 1 baths \| 1,156 sq.ft.	$144,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 3.53% Airbnb Rental Income: $1369 Traditional Rental Income: $1060 Airbnb ROI: 2.75% Traditional ROI: 3.53%
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: 1.75% Traditional cash on cash: 4.02% Airbnb Rental Income: $1161 Traditional Rental Income: $1104 Airbnb ROI: 1.75% Traditional ROI: 4.02%
224 Kingsbury Avenue Elmira, NY Here is a lovely 2 story, 3 bedroom, 1.5 bath home that has over 1400 finished sq ft. Walk...	3 beds \| 2 baths \| 1,404 sq.ft.	$164,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.49% Airbnb Rental Income: $1369 Traditional Rental Income: $1190 Airbnb ROI: 1.98% Traditional ROI: 3.49%
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.	$89,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 8.78% Airbnb Rental Income: $1369 Traditional Rental Income: $1338 Airbnb ROI: 4.34% Traditional ROI: 8.78%
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: 2.49% Traditional cash on cash: 5.79% Airbnb Rental Income: $1369 Traditional Rental Income: $1486 Airbnb ROI: 2.49% Traditional ROI: 5.79%
508 Baylor Road Elmira, NY Everything's New-Just Move In! Welcome to this fully updated 3-bedroom, 1-bath Cape Cod ne...	3 beds \| 1 baths \| 1,139 sq.ft.	$134,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 9.22% Airbnb Rental Income: $1369 Traditional Rental Income: $1775 Airbnb ROI: 2.86% Traditional ROI: 9.22%
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%
514 Elizabeth Street Elmira, NY This well-maintained upper-lower two-unit home offers flexibility, charm, and a fantastic ...	3 beds \| 2 baths \| 1,634 sq.ft.	$105,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 10.73% Airbnb Rental Income: $1369 Traditional Rental Income: $1646 Airbnb ROI: 3.91% Traditional ROI: 10.73%
966 W Church Street Elmira, NY Spectacular Cape Cod in West Elmira nestled on a sprawling 1 acre lot that is a prefect bl...	4 beds \| 3 baths \| 3,247 sq.ft.	$339,900	Airbnb cash on cash: 9.84% Traditional cash on cash: 4.55% Airbnb Rental Income: $5430 Traditional Rental Income: $2646 Airbnb ROI: 9.84% Traditional ROI: 4.55%
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: 2.08% Traditional cash on cash: 7.7% Airbnb Rental Income: $1161 Traditional Rental Income: $1454 Airbnb ROI: 2.08% 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: 1.81% Traditional cash on cash: 8.7% Airbnb Rental Income: $1369 Traditional Rental Income: $2247 Airbnb ROI: 1.81% Traditional ROI: 8.7%
320 Glen Avenue Elmira, NY The Castle on Glen - Distinctive Tudor Home in West Elmira Tucked away on a small hillside...	3 beds \| 3 baths \| 1,760 sq.ft.	$295,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 7.19% Airbnb Rental Income: $1369 Traditional Rental Income: $2785 Airbnb ROI: 0.59% Traditional ROI: 7.19%
924 Deerfield Road Elmira, NY Looking for room to roam and a home that checks all the boxes? This one is a must-see! Ste...	4 beds \| 4 baths \| 4,654 sq.ft.	$395,000	Airbnb cash on cash: 6.28% Traditional cash on cash: 5.03% Airbnb Rental Income: $5430 Traditional Rental Income: $3872 Airbnb ROI: 6.28% Traditional ROI: 5.03%
209 W 17th Street Elmira, NY This charming 2-bedroom home offers a cozy blend of character and potential. With an updat...	2 beds \| 1 baths \| 1,086 sq.ft.	$120,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 9.56% Airbnb Rental Income: $1161 Traditional Rental Income: $1533 Airbnb ROI: 3.05% Traditional ROI: 9.56%
632 Partridge Street Elmira, NY Charming Ranch in peaceful neighborhood! Welcome to this beautifully maintained 3-4 bedroo...	3 beds \| 2 baths \| 1,632 sq.ft.	$159,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 10.44% Airbnb Rental Income: $1369 Traditional Rental Income: $2184 Airbnb ROI: 2.37% Traditional ROI: 10.44%
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: 4.58% Traditional cash on cash: 11.48% Airbnb Rental Income: $1369 Traditional Rental Income: $1623 Airbnb ROI: 4.58% Traditional ROI: 11.48%
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: 2.04% Traditional cash on cash: 6.69% Airbnb Rental Income: $1369 Traditional Rental Income: $1706 Airbnb ROI: 2.04% 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.	$114,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 8.81% Airbnb Rental Income: $1161 Traditional Rental Income: $1461 Airbnb ROI: 2.67% Traditional ROI: 8.81%
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: -0.86% Traditional cash on cash: 5.69% Airbnb Rental Income: $1161 Traditional Rental Income: $2451 Airbnb ROI: -0.86% Traditional ROI: 5.69%
921 GROVE Street Elmira, NY This home offers beautifully preserved, natural woodwork that you will enjoy for decades t...	3 beds \| 1 baths \| 1,414 sq.ft.	$124,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 9.12% Airbnb Rental Income: $1369 Traditional Rental Income: $1648 Airbnb ROI: 3.34% Traditional ROI: 9.12%
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%
551 Riverside Avenue Elmira, NY Charming, very well maintained Craftsman home on a corner lot. Walk into a spacious living...	3 beds \| 2 baths \| 1,595 sq.ft.	$139,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 11.82% Airbnb Rental Income: $1369 Traditional Rental Income: $2210 Airbnb ROI: 2.44% Traditional ROI: 11.82%
324 Sunset Terrace Elmira, NY PRISTINE is the best word to describe this lovely home with lots of curb appeal! The selle...	3 beds \| 1 baths \| 912 sq.ft.	$178,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.89% Airbnb Rental Income: $1369 Traditional Rental Income: $1683 Airbnb ROI: 2.58% Traditional ROI: 6.89%
905 Mt Zoar Road Elmira, NY One-of-a-Kind 4,000+ Sq Ft Home with In-Law Suite, Pond, and Scenic Views on 4.4 Acres Wel...	4 beds \| 4 baths \| 4,620 sq.ft.	$399,000	Airbnb cash on cash: 8.3% Traditional cash on cash: 1.01% Airbnb Rental Income: $5430 Traditional Rental Income: $1611 Airbnb ROI: 8.3% Traditional ROI: 1.01%
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.	$499,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.59% Airbnb Rental Income: $1369 Traditional Rental Income: $3414 Airbnb ROI: -0.69% Traditional ROI: 4.59%

Real Estate investment in Elmira, NY

There are 56 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 October 2025, the average monthly cash on cash return in Elmira is 12.00%. The average monthly rental income in Elmira is $2,228.

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

There are 56 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 $1,369.

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: 0.22%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $1369

Traditional Rental Income: $2611

Airbnb ROI: 0.22%

Traditional ROI: 7.06%

719 Dubois Street

Elmira, NY

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

$129,900

Airbnb cash on cash: 3.55%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $1369

Traditional Rental Income: $1484

Airbnb ROI: 3.55%

Traditional ROI: 7.81%

1017 Smith Street

Elmira, NY

3 beds | 2 baths | 1,250 sq.ft.

$154,900

Airbnb cash on cash: 3.26%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $1369

Traditional Rental Income: $1484

Airbnb ROI: 3.26%

Traditional ROI: 6.85%

325 Fitch Street

Elmira, NY

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

$149,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $1369

Traditional Rental Income: $1737

Airbnb ROI: 2.45%

Traditional ROI: 7.95%

43 Coleman Avenue

Elmira, NY

3 beds | 2 baths | 1,512 sq.ft.

$149,900

Airbnb cash on cash: 2.62%

Traditional cash on cash: 11.01%

Airbnb Rental Income: $1369

Traditional Rental Income: $2155

Airbnb ROI: 2.62%

Traditional ROI: 11.01%

214 James Street

Elmira, NY

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

$129,900

Airbnb cash on cash: 0.75%

Traditional cash on cash: 10.86%

Airbnb Rental Income: $1161

Traditional Rental Income: $2042

Airbnb ROI: 0.75%

Traditional ROI: 10.86%

1201 Magee Street

Elmira, NY

3 beds | 2 baths | 1,686 sq.ft.

$169,000

Airbnb cash on cash: 2.46%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $1369

Traditional Rental Income: $1484

Airbnb ROI: 2.46%

Traditional ROI: 5.76%

459 W Water Street

Elmira, NY

3 beds | 2 baths | 2,322 sq.ft.

$195,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1369

Traditional Rental Income: $1484

Airbnb ROI: 0.82%