Herkimer, NY
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    Herkimer, NY Multifamily Properties for Sale

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    Mohawk, NY Ilion, NY Frankfort, NY
    9 listings
    Herkimer Duplex: Investment Opportunity
    $189,900
    2,944 SF
    Herkimer Duplex: Investment Opportunity

    214-216 N Bellinger Street, Herkimer, NY 13350

    Spacious duplex in Herkimer with separate utilities and income potential.
    • Side‑by‑side duplex built in 1920 with 2 units (one 4‑bedroom unit and one 3‑bedroom unit).
    • Separate utilities for each side, including furnaces, hot water tanks, and meters.
    • Both units include laundry hookups plus dedicated basement storage.
    • Central air in the 4‑bedroom unit; forced‑air heating with natural gas.
    • Shared fenced backyard with a deck and porch.
    Updated: May 20
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    Mixed-Use Property in Herkimer, NY
    $218,500
    5,844 SF
    Mixed-Use Property in Herkimer, NY

    246 N Main st, Herkimer, NY 13350

    Mixed-use property with retail space and residential units for sale.
    • 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.
    Updated: Mar 21
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    Mixed-Use Investment in Herkimer, NY
    $218,500
    5,844 SF
    Mixed-Use Investment in Herkimer, NY

    Mixed-use property with retail space and residential units.

    246 N Main St, Herkimer, NY 13350

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    Herkimer Five-Unit Investment Property
    $449,000
    5,008 SF
    Herkimer Five-Unit Investment Property

    Renovated, fully occupied investment property with immediate income potential.

    516 Steuben rd, Herkimer, NY 13350

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    Herkimer Two-Unit Investment Opportunity
    $79,900
    1,809 SF
    Herkimer Two-Unit Investment Opportunity

    Two-unit property in Herkimer with rental income potential.

    336 N Prospect Street, Herkimer, NY 13350

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    Herkimer Duplex: Investment Opportunity
    $189,900
    Herkimer Duplex: Investment Opportunity

    Spacious duplex in Herkimer with separate utilities and strong income potential.

    214-216 N Bellinger St, Herkimer, NY 13350

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    Mixed-Use Property | 5,844 SqFt
    $218,500
    5,844 SF
    Mixed-Use Property | 5,844 SqFt

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

    246 N Main St, Herkimer, NY 13350

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    Two-Unit Residential Income Property
    $79,900
    Two-Unit Residential Income Property

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

    336 N Prospect St, Herkimer, NY 13350

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    Mixed-Use Student Housing Investment
    Contact for pricing
    36,500 SF
    Mixed-Use Student Housing Investment

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

    650 W German St, Herkimer, NY 13350

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 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.

    Mixed-Use Property in Frankfort, NY
    $215,000
    5,445 SF
    Mixed-Use Property in Frankfort, NY

    Mixed-use property with residential units and commercial storefront.

    250 E Main Street, Frankfort, NY 13340

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    Updated Duplex in Mohawk Valley
    $109,900
    2,168 SF
    Updated Duplex in Mohawk Valley

    Two-unit property with updated systems in a convenient location.

    56 Grove st, Ilion, NY 13357

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    Spacious Triplex on Double Lot
    $109,900
    2,972 SF
    Spacious Triplex on Double Lot

    Three-unit property with renovation potential and immediate income.

    220 3rd Avenue, Frankfort, NY 13340

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    Ilion Multifamily Investment Opportunity
    $49,500
    2,558 SF
    Ilion Multifamily Investment Opportunity

    Two-unit building in Ilion, NY, with cash flow potential.

    50-52 Spring St, Ilion, NY 13357

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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
    $439,000
    2.20 Acres
    Approved RV Park Development Land

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

    Long Lake, NY 12847

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    Approved RV Park Development Land
    $439,000
    2.20 Acres
    Approved RV Park Development Land

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

    L39 Off Flowers Way, Long Lake, NY 12847

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    Fort Edward Land Investment Opportunity
    $349,900
    15.16 Acres
    Fort Edward Land Investment Opportunity

    15+ acre parcel zoned for mobile home land-lease community.

    L1.1 Drifting Ridge Road, Fort Edward, NY 12828

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    89 Acres Vacant Land Catskill
    $899,900
    89.06 Acres
    89 Acres Vacant Land Catskill

    89 acres of vacant land near Catskill Game Farm.

    300 Game Farm Road, Catskill, NY 12414

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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
    696 SF Lot: 1.30 Acres
    Value Estimation by Request

    220 Main Rd, Herkimer, NY 13350-3418

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    Herkimer, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Herkimer, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,237 square feet of properties for sale, with an estimated market value of $1,524,200.

    Sale prices for multifamily properties in Herkimer, NY start at $79,900, averaging $217,742, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Apartment buildings 3
    Short term rental properties 3

    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 $214.3K

    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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