Residential Income

Frankfort, NY Residential Income Properties for Sale

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6 properties
Triplex with Detached Garage
Updated: Aug 21
Triplex with Detached Garage

308 E Main Street, Frankfort, NY 13340

$179,900
3,243 sqft
3,243‑square‑foot triplex with 3 units
Five bedrooms and three bathrooms total
Separate utilities for each unit
Large enclosed second‑floor sunporch with windows on multiple sides
Detached 2‑car garage with covered breezeway
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Six-Bedroom Duplex Rehab Project
Updated: Sep 1
Six-Bedroom Duplex Rehab Project

310 E Main Street, Frankfort, NY 13340

$69,900
2,724 sqft
Duplex with 2,724 square feet, six bedrooms, and two bathrooms
Full rehabilitation project with a 1910 construction date
Basement included in the existing layout
Wood siding with hardwood and tile flooring
Natural‑gas heating with gravity and forced‑air systems
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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

250 E Main St, Frankfort, NY 13340

$215,000
5,445 sqft

Three residential units accompany an operating salon and updated building systems.

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See hot listings in Frankfort

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Spacious Triplex on Double Lot
Spacious Triplex on Double Lot

220 3rd Ave, Frankfort, NY 13340

$99,900
2,972 sqft

Three-unit property with renovation potential and immediate income.

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Three-Unit Triplex with Garage
Three-Unit Triplex with Garage

308 E Main St, Frankfort, NY 13340

$179,900

Separate utilities support flexible operation across the multi-unit property.

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Updated Two-Family Duplex
Updated Two-Family Duplex

307 1st Ave, Frankfort, NY 13340

$189,900

Two-family duplex with separate entrances and extensive updates including new siding, renovated kitchens and baths, and a replaced roof.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 6 Active listings in Frankfort, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Two-Family Duplex with Off-Street Parking
Two-Family Duplex with Off-Street Parking

13 Rand Street, Ilion, NY 13357

$146,000
2,712 sqft 0.15 AC lot

Well-maintained duplex with separate porches, laundry areas, and parking for up to five vehicles.

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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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Two-Unit Duplex with Porches
Two-Unit Duplex with Porches

13 Rand St, Ilion, NY 13357

$146,000

Both apartments include laundry, a side porch, and access to off-street parking.

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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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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.

Agricultural Land Parcel with Road Access
Agricultural Land Parcel with Road Access

Oregon Road lot: 3-1, Little Falls, NY 13365

$165,000
30.00 AC lot

A 30-acre parcel offering open and wooded terrain with ample road frontage for farming or recreational use.

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Land with Cabin-Style Structure
Land with Cabin-Style Structure

7169 State Route 8, Utica, NY 13502

$55,000
768 sqft 3.00 AC lot

Three tax parcels sold together on 3 acres with a small cabin-style structure, a utility shed, and additional storage buildings.

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Creekside Property Near Canadarago Lake
Creekside Property Near Canadarago Lake

97 Elm St Ext, Richfield, NY 13439

$52,900
2.69 AC lot

2.69 acres with creek access, electric, and well.

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Whitestown Building Lot Available
Whitestown Building Lot Available

7837 Clark Mills Road, Whitestown, NY 13492

Contact for pricing
0.72 AC lot

Building lot in Whitestown with utilities available.

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Off-Market Properties in Frankfort, NY

Consider similar Off-Market properties in Frankfort, 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.

State Rte 5th 5
MOBILE HOME PARK, TRAILER PARK

State Rte 5th 5, Frankfort, NY 13340

Estimated value:
$255,000
1,568 sqft 11.00 AC lot
View details
105 Grv Ln
MOBILE HOME PARK, TRAILER PARK

105 Grv Ln, Frankfort, NY 13340-5531

Estimated value:
$500,000
1,152 sqft 40.70 AC lot
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386 Gates Rd
CAMPGROUND, RV PARK

386 Gates Rd, Frankfort, NY 13340

Estimated value:
$260,000
768 sqft 104.40 AC lot
View details
Elmwood Rd
MOBILE HOME PARK, TRAILER PARK

Elmwood Rd, Frankfort, NY 13340

Estimated value:
$400,000
780 sqft 9.60 AC lot
View details
120 Litchfield St
MOBILE HOME PARK, TRAILER PARK

120 Litchfield St, Frankfort, NY 13340-1004

Estimated value:
$255,000
994 sqft 5.20 AC lot
View details
654 Brockway Rd
MOBILE HOME PARK, TRAILER PARK

654 Brockway Rd, Frankfort, NY 13340-4352

Estimated value:
$245,000
1,152 sqft 39.50 AC lot
View details
Mcgowan Rd
MOBILE HOME PARK, TRAILER PARK

Mcgowan Rd, Frankfort, NY 13340

Estimated value:
$505,000
1,620 sqft 15.80 AC lot
View details
Mcgowan Rd
MOBILE HOME PARK, TRAILER PARK

Mcgowan Rd, Frankfort, NY 13340

Estimated value:
$310,000
1,272 sqft 10.20 AC lot
View details

Frankfort, NY Residential Income Properties Market Trends and Statistics

Explore 14 residential income properties for sale in Frankfort, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,384 square feet of properties for sale, with an estimated market value of $934,500.

Sale prices for residential income properties in Frankfort, NY start at $69,900, averaging $155,750, and reaching up to $215,000 — 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

Multifamily properties 7
Triplexes 4
Duplexes 3

Demographics Overview

Population 7,322
Population Growth (5Y) -9.3%
Median Household Income $69,928
College Educated 32.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
13340 $164.2K

Taxes & Financing

Tax Rate (average for all types) 1.82%
Property Tax per SF $92.68 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)

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