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    Herkimer, NY
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    Herkimer, NY Multifamily Properties for Sale

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    Brooklyn, NY Queens, NY New York, NY
    6 results
    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
    View details
    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 Two-Unit Investment Opportunity
    $149,900
    1,944 SF

    Herkimer Two-Unit Investment Opportunity

    Two-unit property in Herkimer, NY with rental potential.

    318 S Main Street, 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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    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 15 Potential Opportunities for your consideration. Besides 6 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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    Spacious Frankfort Two-Family Property
    Contact for pricing
    3,562 SF

    Spacious Frankfort Two-Family Property

    Two-family property in Frankfort with over 3,500 sq ft.

    114 S Litchfield 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 newer furnaces and convenient location.

    56 Grove st, Ilion, NY 13357
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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 and income potential.

    56 Grove st, Ilion, NY 13357
    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.

    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
    View details
    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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    Hillcrest Land Awaiting Next Chapter
    $275,000
    47.83 Acres

    Hillcrest Land Awaiting Next Chapter

    Nearly 50 acres in Hillcrest neighborhood, Binghamton, NY.

    103 Franklin Avenue Extension, Binghamton, NY 13901
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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

    220 Main Rd

    MOBILE HOME PARK, TRAILER PARK • 696 SF
    Value Estimation by Request
    220 Main Rd, Herkimer, NY 13350-3418
    View details

    Herkimer, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 7 multifamily properties for sale in Herkimer, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 24,484 square feet of properties for sale, with an estimated market value of $1,294,400.

    Sale prices for multifamily properties in Herkimer, NY start at $149,900, averaging $258,880, and reaching up to $489,000 — 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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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $70.25 per sq ft
    Tax Rate 6.31%
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Herkimer range between 10,000 - 25,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Herkimer.

    Leading Commercial Asset Segments

    Apartment buildings 3
    Short term rental properties 3
    Duplexes 1

    Herkimer Demographics Overview

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

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