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508 Franklin St, Elmira, NY, 14904

6beds
2baths
3,084sqft
$105,000
$34price/sqft
$1,307/moest. monthly cost
$52,280/yrincome needed

About This Home

Spacious multi-home. Side by side. With Separate porches this is a nice corner location that is close to schools and shopping. 3 beds and 1 bath per unit. Utilities are separate from each other.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

2/10
Parley Coburn SchoolGrades 3-60.5 mi
--
Broadway AcademyGrades 91.0 mi
3/10
Elmira High SchoolGrades 10-120.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air,Wall Furnace

Interior Area

  • Total structure area: 3,084
  • Total interior livable area: 3,084 sqft

Property

Details

  • Parcel number: 07040009901000060280000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.72 Acres
  • Features: Irregular Lot,Near Public Transit,Residential Lot
  • Lot size dimensions: 91 x 346

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate

How This Home’s Risks Compare

Lightning

FEMA Declared Disasters in Chemung County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $530$6,360
Home Insurance *$93$1,116
Property Taxes $175$2,100
Electricity $509$6,115
Total$1,307$15,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,811/yr
40% on housing$39,210/yr
45% on housing$34,853/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.2%
2.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$34This listing

vs Other Active Listings

Avg $/sqft

ZIP 14904$56
Chemung County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 14904$70
Chemung County$98

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Contingent$105,000
2026-06-11Listed for sale$105,000
2026-04-23Pending sale$105,000
2026-02-02Contingent$105,000
2025-11-14Listed for sale$105,000
2024-08-12Listing removed$65,000
2023-12-07Sold$70,000
2023-10-02Price change$80,000
2023-09-25Listed for sale$90,000
2023-04-20Listing removed--
2023-01-30Listed for sale$65,000
2019-07-10Sold$58,000
2019-05-01Listed for sale$67,500
2008-07-07Sold$50,000

For Sale by Agent

AgentNolan Heffner
BrokerageHoward Hanna Elmira

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