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    Herkimer, NY Multifamily Properties for Sale

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    5-Unit Apartment Building
    Updated: Sep 28
    5-Unit Apartment Building

    221 N Prospect Street, Herkimer, NY 13350

    $209,900
    5,652 sqft 0.16 AC lot
    Five occupied apartments: three one‑bedroom units, one studio, and one two‑bedroom unit
    5,652 square feet on a 0.16‑acre lot
    Six dedicated parking spaces
    Direct access to Herkimer College
    Built in 1974; newer roof
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    5-Unit Apartment Building
    Updated: Sep 28
    5-Unit Apartment Building

    221 N Prospect Street, Herkimer, NY 13350

    $209,900
    5,652 sqft 0.16 AC lot
    Five apartments: three 1‑bedroom units, one studio, and one 2‑bedroom unit
    All five units are currently rented
    5,652‑square‑foot building on a 0.16‑acre lot
    Six dedicated parking spaces
    Built in 1974; block construction and a relatively new asphalt roof
    View details
    2-Unit Duplex with Enclosed Porches
    2-Unit Duplex with Enclosed Porches

    341 Gray Street, Herkimer, NY 13350

    $146,000
    2,168 sqft 0.14 AC lot

    Two-bedroom apartments offer separate living spaces and room for cosmetic improvements.

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    See hot listings in Herkimer

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Duplex with Enclosed Porches
    Duplex with Enclosed Porches

    341 Gray St, Herkimer, NY 13350

    $146,000
    2,168 sqft

    Both apartments have two bedrooms, one bathroom, and room for cosmetic updates.

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    Duplex with Full Basement
    Duplex with Full Basement

    219 Mohawk Street, Herkimer, NY 13350

    $299,900
    1,400 sqft 0.25 AC lot

    Two-unit residential property with patio space, basement storage, and a backyard on a residential lot in Herkimer.

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    Two-Family Home with Fenced Yard
    Two-Family Home with Fenced Yard

    328 Eastern Avenue, Herkimer, NY 13350

    $139,900
    1,818 sqft 0.14 AC lot

    Two separate units offer owner-occupant flexibility, natural-gas heating, central air, and dedicated outdoor storage.

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    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    134 W smith st, Herkimer, NY 13350

    $124,000
    1,791 sqft

    Two separate apartments offer one- and four-bedroom layouts, with an attached garage and enclosed balcony.

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    Two-Family Duplex with Fenced Yard
    Two-Family Duplex with Fenced Yard

    328 Eastern Avenue, Herkimer, NY 13350

    $139,900
    1,818 sqft

    Two separate residences provide a two-bedroom layout downstairs and a three-bedroom layout above.

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    Duplex with Two-Stall Garage
    Duplex with Two-Stall Garage

    220-222 N Bellinger Street N, Herkimer, NY 13350

    $199,900
    2,886 sqft 0.14 AC lot

    Two separate units support owner occupancy, rental income, or extended-family living arrangements.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

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

    $109,900
    0.24 AC lot

    Two separate homes contain fully occupied apartments with updated roofs and natural-gas heating.

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    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    Contact for pricing
    5,008 sqft

    Fully occupied multifamily property with off-street parking.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    329-331 King Street, Herkimer, NY 13350

    $145,000
    2,790 sqft 0.18 AC lot

    Two tenant-occupied units have separate utilities and individual driveways.

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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    246 N Main st, Herkimer, NY 13350

    $218,500
    5,844 sqft

    Retail space, garage storage, and four apartments occupy a three-story building.

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    Duplex with Covered Patio
    Duplex with Covered Patio

    219 Mohawk St, Herkimer, NY 13350

    $299,900

    Two spacious units share a full basement, off-street parking, and an expansive backyard with additional storage.

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    Updated Three-Unit Triplex
    Updated Three-Unit Triplex

    207 E smith street, Herkimer, NY 13350

    $134,900
    2,230 sqft

    Utilities are separated among the three units, with current full occupancy.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot

    Every residence is occupied, with driveway parking available on site.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    221 N Prospect St, Herkimer, NY 13350

    $209,900

    All apartments are occupied, with a mix of studio, one-bedroom, and two-bedroom layouts.

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    Two-Unit Duplex with Parking
    Two-Unit Duplex with Parking

    238 King Street, Herkimer, NY 13350

    $39,000
    1,600 sqft 0.13 AC lot

    Wood-sided duplex offering two apartments, public water, and a recently installed natural-gas hot-water boiler.

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    Four-Unit Duplex Property
    Four-Unit Duplex Property

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

    $109,900

    Two homes each contain two apartments, with all units currently occupied.

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    Two-Unit Duplex
    Two-Unit Duplex

    336 N Prospect Street, Herkimer, NY 13350

    $79,900
    1,809 sqft 0.06 AC lot

    Two separate apartments include distinct living spaces, parking arrangements, and utility billing responsibilities.

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    Two-Unit Duplex
    Two-Unit Duplex

    124,1241/2 South Bellinger St, Herkimer, NY 13350

    $79,000
    2,113 sqft

    Each unit has its own utility service.

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    124,1241/2 S Bellinger St, Herkimer, NY 13350

    $79,000
    2,113 sqft 0.11 AC lot

    Two-unit residential property with separate utilities, natural-gas forced-air heat, driveway parking, and a covered porch.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    329-331 King St, Herkimer, NY 13350

    $145,000

    Two tenant-occupied residences offer individual utility service and separate driveways at a corner-lot property.

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    Four-Unit Apartment Quadplex
    Four-Unit Apartment Quadplex

    419 N.Prospect St, Herkimer, NY 13350

    $129,900
    4,803 sqft 0.22 AC lot

    Fully occupied apartment property with separate meters, driveway parking, and recent roof and hot water system updates.

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    Herkimer, NY Multifamily Properties Market Trends and Statistics

    Explore 27 multifamily properties for sale in Herkimer, NY, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 53,663 square feet of properties for sale, with an estimated market value of $3,914,099.

    Sale prices for multifamily properties in Herkimer, NY start at $39,000, averaging $156,563, and reaching up to $399,999 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 17
    Apartment buildings 6
    Short term rental properties 2
    Quadplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    13350 $156.6K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Herkimer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Herkimer County

    Office

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    • 13350

    Featured Herkimer Real Estate Agencies

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    BRUCE WARD & COMPANY
    219 N PROSPECT ST POB 431 Herkimer, NY
    Phone: (315) 866-2002
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