Residential Income

Frankfort, NY Residential Income Properties for Sale

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Utica, NY Newport, NY Herkimer, NY
Mixed-Use Property in Frankfort, NY
Updated: Apr 29
Mixed-Use Property in Frankfort, NY

250 E Main Street, Frankfort, NY 13340

$215,000
5,445 sqft · 0.13 AC lot
5,400+ SF mixed‑use building in the Village of Frankfort with 3 residential units plus a street‑level commercial salon storefront
Major updates include a new roof (2022), a brand‑new steam boiler installed this year, and a new hot water heater
Commercial salon storefront included, with off‑street parking for tenants and easy street parking for customers
Heating includes steam and natural gas; electric water heater and ceiling fans included
Vinyl siding exterior with asphalt/shingle roof; copper plumbing and mixed flooring (vinyl, carpet, laminate, varies)
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Spacious Frankfort Two-Family Property
Updated: Apr 1
Spacious Frankfort Two-Family Property

114 S Litchfield Street, Frankfort, NY 13340

Contact for pricing
3,562 sqft · 0.13 AC lot
Spacious 2‑family property in the Village of Frankfort with over 3,500 sq ft of potential
Each unit has 2 bedrooms and 1 bathroom layout
Separate utilities already in place
Public water and sewer connected
Built in 1955 with vinyl siding and laminate flooring (varies)
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Spacious Triplex on Double Lot
Spacious Triplex on Double Lot

220 3rd Avenue, Frankfort, NY 13340

$109,900
2,972 sqft

Three-unit property with renovation potential and immediate income.

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Spacious Two-Family Home in Frankfort
Spacious Two-Family Home in Frankfort

2702 Southside Road, Frankfort, NY 13340

$95,000
3,670 sqft · 0.62 AC lot

Two-unit property in Frankfort, ideal for investors or owner-occupants.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 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.

Income-Producing Multi-Family Property
Income-Producing Multi-Family Property

266 Second St, Ilion, NY 13357

$109,900
1,320 sqft

Well-maintained multi-family property in Ilion, NY with immediate rental income.

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Five-Unit Multifamily Building
Five-Unit Multifamily Building

516 Steuben rd, Herkimer, NY 13350

$399,999
0.12 AC lot

Fully renovated, five-unit property with off-street parking and current occupancy for immediate rental income.

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Updated Duplex in Mohawk Valley
Updated Duplex in Mohawk Valley

56 Grove St, Ilion, NY 13357

$109,900
2,168 sqft

Two-unit property with updated systems and income potential.

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Mixed-Use Student Housing Investment
Mixed-Use Student Housing Investment

650 W German St, Herkimer, NY 13350

Contact for pricing
36,500 sqft

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

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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.

Wooded Lot in Utica, NY
Wooded Lot in Utica, NY

Nob Road, Utica, NY 13501

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0.36 AC lot

0.36-acre wooded lot, ideal for single-family build.

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Residential Lot in Utica, NY
Residential Lot in Utica, NY

Nob Road, Utica, NY 13501

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0.52 AC lot

0.52-acre residential lot ideal for single-family build.

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Residential Lot in Utica, NY
Residential Lot in Utica, NY

4 Nob Road, Utica, NY 13501

Contact for pricing
0.61 AC lot

0.61-acre residential lot ideal for custom home build.

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Subdivision Buildable Hunting Lot
Subdivision Buildable Hunting Lot

1WP Cook Hill Rd, Herkimer, NY 13416

$32,000
6.20 AC lot

Build-ready land in a quiet subdivision on a private road, suited for a home or camp and outdoor recreation.

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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

Value Estimation by Request
1,568 sqft · 11.00 AC lot
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105 Grv Ln
MOBILE HOME PARK, TRAILER PARK

105 Grv Ln, Frankfort, NY 13340-5531

Value Estimation by Request
1,152 sqft · 40.70 AC lot
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386 Gates Rd
CAMPGROUND, RV PARK

386 Gates Rd, Frankfort, NY 13340

Value Estimation by Request
768 sqft · 104.40 AC lot
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Elmwood Rd
MOBILE HOME PARK, TRAILER PARK

Elmwood Rd, Frankfort, NY 13340

Value Estimation by Request
780 sqft · 9.60 AC lot
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120 Litchfield St
MOBILE HOME PARK, TRAILER PARK

120 Litchfield St, Frankfort, NY 13340-1004

Value Estimation by Request
994 sqft · 5.20 AC lot
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654 Brockway Rd
MOBILE HOME PARK, TRAILER PARK

654 Brockway Rd, Frankfort, NY 13340-4352

Value Estimation by Request
1,152 sqft · 39.50 AC lot
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Mcgowan Rd
MOBILE HOME PARK, TRAILER PARK

Mcgowan Rd, Frankfort, NY 13340

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

Mcgowan Rd, Frankfort, NY 13340

Value Estimation by Request
1,272 sqft · 10.20 AC lot
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Frankfort, NY Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Frankfort, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,087 square feet of properties for sale, with an estimated market value of $419,900.

Sale prices for residential income properties in Frankfort, NY start at $95,000, averaging $139,966, 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 5
Duplexes 3
Triplexes 1

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 $105K

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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