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    Herkimer, NY Apartment Buildings for Sale

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    Mohawk, NY Ilion, NY Frankfort, NY
    Herkimer Five-Unit Investment Property
    $449,000
    5,008 SF

    Herkimer Five-Unit Investment Property

    516 Steuben rd, Herkimer, NY 13350

    Renovated, fully occupied investment property with immediate income potential.

    • Fully renovated and well‑maintained five‑unit investment property.
    • 100% occupied, providing immediate and reliable income.
    • Excellent net revenue potential with room for continued growth.
    • Ample off‑street parking.
    • Located in a beautiful, well‑established neighborhood.
    Updated: Apr 21
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    Mixed-Use Student Housing Investment
    Contact for pricing
    36,500 SF

    Mixed-Use Student Housing Investment

    650 W German St, Herkimer, NY 13350

    Mixed-use property with student housing and commercial revenue streams.

    • Diversified "three‑pillar" income model provides stable cash flow and reduces risk.
    • Institutional cash flow with direct payments from institutions and schools virtually eliminates student‑tenant collection risk.
    • Located in a designated Opportunity Zone, offering potential tax advantages for investors.
    • Mixed‑use property with on‑site restaurant, convenience store, and other amenities generates year‑round revenue.
    • High parking ratio (1.29/bed) provides a competitive advantage.
    Updated: Feb 23
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Redevelopment Opportunity on Main Street
    $275,000
    46,000 SF

    Redevelopment Opportunity on Main Street

    Mixed-use redevelopment opportunity in Little Falls, New York.

    2-8 West Main Street, Little Falls, NY 13365
    View details
    Well-Kept Apartment Building For Sale
    $359,900
    5,888 SF

    Well-Kept Apartment Building For Sale

    Six-unit apartment building with parking lot, month-to-month tenants.

    1412 Catherine Street, Utica, NY 13501
    View details
    Little Falls Multifamily Investment Opportunity
    $125,000
    3,240 SF

    Little Falls Multifamily Investment Opportunity

    Six-unit apartment building on a corner lot in Little Falls.

    40 N William Street, Little Falls, NY 13365
    View details
    Six-Unit Apartment Building Requiring Rehab
    $149,000
    8,296 SF

    Six-Unit Apartment Building Requiring Rehab

    Six-unit apartment building needing major rehab, sold as-is.

    1310 Bleecker St, Utica, NY 13501
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Herkimer, NY Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 5,008 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for two-family homes in Herkimer, NY start at $449,000, averaging $449,000, and reaching up to $449,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Herkimer fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 9,641
    Population Growth (5Y) -1.9%
    Median Household Income $62,548
    College Educated 28.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Herkimer submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    13350 $449K

    Taxes & Financing

    Tax Rate (average for all types) 6.31%
    Property Tax per SF $70.25 per sq ft
    Average Loan-to-Value 65.0%

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