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4-Unit Multifamily Property
For Sale
$109,900

414 & 414 1/2 N Prospect St., Herkimer, NY 13350

Residential Income, Herkimer, NY

Property SizeContact for details
Lot Size0.24 Acres
Days on Market9

Property Features for 414 & 414 1/2 N Prospect St.

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Interior features Master Downstairs
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 5570

Utilities

Heating system Natural Gas
Water source Public

Building Details

Floors in Building 2
Roof type Asphalt
Listing Agency: JOE MACRI REALTY
Listed By: William Macri
Added: Aug 15 Changed: Aug 23 Last Checked: Aug 23 at 5:06PM
MLS# 11937344

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily offering includes two separate homes, each configured with two apartments, for a total of four residential units. All four apartments are currently occupied. Both homes have updated roofs, with asphalt roofing, natural-gas heating, public water service, and porch features. The property occupies a 0.24-acre parcel at 414 & 414 1/2 N Prospect St. in Herkimer, NY 13350.

Key Highlights

  • Four apartments across two separate homes
  • All four apartments currently occupied
  • Updated roofs on both homes

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Bakery Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 13350, NY

9,513
Population
4,709
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
31.6 sq mi
ZIP Area
301
Density / Sq Mi
$62,548
Median Household Income
$37,975
Median Earnings
$821
Median Rent
$136,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four occupied apartments are distributed across two separate residential buildings with updated roofs.
Where is this multifamily property located?
The property is located at 414 & 414 1/2 N Prospect St. Herkimer, NY.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Four apartments across two separate homes; All four apartments currently occupied; Updated roofs on both homes
More about this property
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