Residential Income

Herkimer, NY Residential Income Properties for Sale

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19 properties
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5-Unit Apartment Building
Updated: Sep 28
5-Unit Apartment Building

221 N Prospect Street, Herkimer, NY 13350

$209,900
5,652 sqft 0.16 AC lot
Five apartments: three 1‑bedroom units, one studio, and one 2‑bedroom unit
All five units are currently rented
5,652‑square‑foot building on a 0.16‑acre lot
Six dedicated parking spaces
Built in 1974; block construction and a relatively new asphalt roof
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Five-Unit Apartment Building
Updated: Sep 28
Five-Unit Apartment Building

221 N Prospect Street, Herkimer, NY 13350

$209,900
5,652 sqft 0.16 AC lot
Five apartments: three one‑bedroom units, one studio, and one two‑bedroom unit
All five units are currently rented
5,652 square feet on a 0.16‑acre lot
Six dedicated parking spaces
Direct access to Herkimer College
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Two-Family Home with Fenced Yard
Two-Family Home with Fenced Yard

328 Eastern Avenue, Herkimer, NY 13350

$139,900
1,818 sqft 0.14 AC lot

Two separate units offer owner-occupant flexibility, natural-gas heating, central air, and dedicated outdoor storage.

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See hot listings in Herkimer

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
Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

516 Steuben rd, Herkimer, NY 13350

Contact for pricing
5,008 sqft

Fully occupied multifamily property with off-street parking.

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Duplex with Full Basement
Duplex with Full Basement

219 Mohawk Street, Herkimer, NY 13350

$345,900
1,400 sqft 0.25 AC lot

Two-unit residential property with patio space, basement storage, and a backyard on a residential lot in Herkimer.

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Duplex with Two-Stall Garage
Duplex with Two-Stall Garage

220-222 N Bellinger Street N, Herkimer, NY 13350

$199,900
2,886 sqft 0.14 AC lot

Two separate units support owner occupancy, rental income, or extended-family living arrangements.

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Side-by-Side Duplex
Side-by-Side Duplex

329-331 King Street, Herkimer, NY 13350

$145,000
2,790 sqft 0.18 AC lot

Two tenant-occupied units have separate utilities and individual driveways.

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Duplex with Covered Patio
Duplex with Covered Patio

219 Mohawk St, Herkimer, NY 13350

$345,900

Two spacious units share a full basement, off-street parking, and an expansive backyard with additional storage.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

246 N Main st, Herkimer, NY 13350

$218,500
5,844 sqft

Retail space, garage storage, and four apartments occupy a three-story building.

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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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5-Unit Apartment Building
5-Unit Apartment Building

221 N Prospect St, Herkimer, NY 13350

$209,900

All apartments are occupied, with a mix of studio, one-bedroom, and two-bedroom layouts.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

207 E smith street, Herkimer, NY 13350

$134,900
2,230 sqft

Utilities are separated among the three units, with current full occupancy.

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Five-Unit Apartment Building
Five-Unit Apartment Building

516 Steuben rd, Herkimer, NY 13350

$399,999
0.12 AC lot

Occupied multifamily property with off-street driveway parking and a porch in Herkimer.

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Side-by-Side Duplex
Side-by-Side Duplex

329-331 King St, Herkimer, NY 13350

$145,000

Two tenant-occupied residences offer individual utility service and separate driveways at a corner-lot property.

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Two-Unit Duplex with Parking
Two-Unit Duplex with Parking

238 King Street, Herkimer, NY 13350

$39,000
1,600 sqft 0.13 AC lot

Wood-sided duplex offering two apartments, public water, and a recently installed natural-gas hot-water boiler.

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Two-Unit Duplex
Two-Unit Duplex

336 N Prospect Street, Herkimer, NY 13350

$79,900
1,809 sqft 0.06 AC lot

Two separate apartments include distinct living spaces, parking arrangements, and utility billing responsibilities.

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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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Two-Unit Duplex Property
Two-Unit Duplex Property

124,1241/2 S Bellinger St, Herkimer, NY 13350

$79,000
2,113 sqft 0.11 AC lot

Two-unit residential property with separate utilities, natural-gas forced-air heat, driveway parking, and a covered porch.

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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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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Herkimer, NY, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

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

Estimated value:
$255,000
696 sqft 1.30 AC lot
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20 Beardslee Ave
Land

20 Beardslee Ave, Herkimer, NY 13350

Estimated value: by Request
29.00 AC lot
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Herkimer, NY Residential Income Properties Market Trends and Statistics

Explore 21 residential income properties for sale in Herkimer, NY, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 43,605 square feet of properties for sale, with an estimated market value of $3,222,299.

Sale prices for residential investment properties in Herkimer, NY start at $39,000, averaging $179,016, 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

Multifamily properties 20
Duplexes 10
Apartment buildings 6
Short term rental properties 2
Quadplexes 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 $182.6K

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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