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    Herkimer, NY
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    Herkimer, NY Multifamily Properties for Sale

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    Mohawk, NY Ilion, NY Little Falls, NY Frankfort, NY Newport, NY Middleville, NY Jordanville, NY Utica, NY
    8 properties
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    Corner Lot Duplex with Separate Utilities
    Updated: Jul 20
    Corner Lot Duplex with Separate Utilities

    329-331 King Street, Herkimer, NY 13350

    $145,000
    2,790 sqft 0.18 AC lot
    Corner lot side‑by‑side duplex with two 3‑bedroom units
    Both units are currently tenant‑occupied and tenants pay all utilities
    Separate utilities for each side plus a driveway for each unit
    2,790 SF duplex on a 0.1846‑acre lot
    Built in 1920 with vinyl siding and spray foam insulation
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    Mixed-Use Building with Retail and Apartments
    Updated: Mar 21
    Mixed-Use Building with Retail and Apartments

    246 N Main st, Herkimer, NY 13350

    $218,500
    5,844 sqft
    Substantial Annual Revenue: Generates $44,000 in annual revenue, providing immediate returns.
    Mixed‑Use Property: Features a commercial retail space, garage storage, and residential apartments for diverse income streams.
    Short‑Term Rental Income: Two turnkey short‑term rental apartments on the third floor generate premium nightly returns.
    Fully Leased Apartments: Two apartments on the second floor are secured under one‑year leases, ensuring steady income.
    Independent Utilities: Five separate electrical meters and individual gas services simplify management and maximize profitability.
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    Mixed-Use Building with Retail and Rentals
    Mixed-Use Building with Retail and Rentals

    246 N Main St, Herkimer, NY 13350

    $218,500
    5,844 sqft

    Ground-floor retail with four residential units above, supported by five separate electrical meters and individual gas services.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Property | 5,844 SqFt
    Mixed-Use Property | 5,844 SqFt

    246 N Main St, Herkimer, NY 13350

    Contact for pricing
    5,844 sqft

    Mixed-use property featuring 5,844 SqFt of space.

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    Updated Triplex with Separated Utilities
    Updated Triplex with Separated Utilities

    207 E smith street, Herkimer, NY 13350

    $134,900
    2,230 sqft

    Three fully occupied units with separated utilities in an updated triplex with vinyl siding and a metal roof.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot

    Fully renovated, well-maintained five-unit apartment building with off-street driveway parking and porch entries on a 0.115-acre lot.

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    Two-Unit Duplex Investment Property
    Two-Unit Duplex Investment Property

    336 N Prospect Street, Herkimer, NY 13350

    $79,900
    1,809 sqft 0.06 AC lot

    Two-unit duplex with separate driveways, tenant-paid utilities except water, and natural gas forced-air heat.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    336 N Prospect St, Herkimer, NY 13350

    $79,900

    Two separate apartments share owner-paid water, with dedicated driveway and parking for tenant convenience.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Quadplex with One Two-Bed Unit
    Quadplex with One Two-Bed Unit

    51 E Main Street, Mohawk, NY 13407

    $264,000
    5,559 sqft 0.21 AC lot

    Four-unit quadplex offering one two-bedroom apartment and three one-bedroom units with public water.

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    Two-Unit Duplex with Occupied Rentals
    Two-Unit Duplex with Occupied Rentals

    50-52 Spring St, Ilion, NY 13357

    $49,500
    2,558 sqft

    A two-unit rental duplex with both units occupied, built in 1900, offering public water and driveway parking.

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    Two-Unit Rental Duplex
    Two-Unit Rental Duplex

    50-52 Spring St, Mohawk, NY 13357

    $49,500

    Two-unit rental building with both units occupied, sold as-is and in need of updates and repairs.

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    Two-Family Home with Parking
    Two-Family Home with Parking

    93 N.4th Ave., Ilion, NY 13357

    $89,900

    Two-family home offered fully occupied, with off-street parking and two separate units.

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    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.

    Approved RV Park Development Land
    Approved RV Park Development Land

    Long Lake, NY 12847

    $439,000
    2.20 AC lot

    Approved development for a 6-unit RV park with utilities.

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    Approved RV Park Development Land
    Approved RV Park Development Land

    L39 Flowers Way, Long Lake, NY 12847

    $439,000
    2.20 AC lot

    Approved development for a 6-unit RV park near Long Lake.

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    89 Acres Vacant Land Catskill
    89 Acres Vacant Land Catskill

    300 Game Farm Road, Catskill, NY 12414

    $899,900
    89.06 AC lot

    89 acres of vacant land near Catskill Game Farm.

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    Lakeside Mobile Home with Private Docks
    Lakeside Mobile Home with Private Docks

    11609 State Route 3, Adams, NY 13605

    $69,900
    400 sqft

    Like-new, fully furnished one-bedroom mobile home in an RV resort with private dock access on Henderson Bay.

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    Off-Market Properties in Herkimer, NY

    Consider similar Off-Market properties in Herkimer, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    220 Main Rd
    MOBILE HOME PARK, TRAILER PARK

    220 Main Rd, Herkimer, NY 13350-3418

    Value Estimation by Request
    696 sqft 1.30 AC lot
    View details

    Herkimer, NY Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Herkimer, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 24,361 square feet of properties for sale, with an estimated market value of $1,276,699.

    Sale prices for multifamily properties in Herkimer, NY start at $79,900, averaging $182,385, 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 3
    Short term rental properties 3
    Apartment buildings 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 $182.4K

    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)

    Property Size Breakdown

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

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