Residential Income

Ilion, NY Residential Income Properties for Sale

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Mohawk, NY Richfield Springs, NY Jordanville, NY
Income-Producing Multi-Family Property
Updated: May 8
Income-Producing Multi-Family Property

266 Second St, Ilion, NY 13357

$109,900
1,320 sqft
Income‑producing 2‑unit multi‑family with one 2‑bedroom and one 1‑bedroom unit
About 1,320 SF total living space with 3 bedrooms and 2 bathrooms combined
Both units are currently fully occupied with no long‑term lease obligations
Each unit has separate electric and heating systems for independent utility control
Oversized lot with dedicated parking plus a basement for additional storage or utility space
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Updated Duplex in Mohawk Valley
Updated: Jan 2
Updated Duplex in Mohawk Valley

56 Grove st, Ilion, NY 13357

$109,900
2,168 sqft
Duplex built in 1919 with two 2‑bedroom, 1‑bath units
2,168 sq ft of living space with rooms including 4 bedrooms and 2 bathrooms plus a basement
Updated for both units with newer furnaces and hot water heaters
Dual 100‑amp circuit breaker service panels for electrical infrastructure
Utilities include public water; heating includes forced air with natural gas and oil
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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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Ilion Multifamily Investment Opportunity
Ilion Multifamily Investment Opportunity

50-52 Spring St, Ilion, NY 13357

$49,500
2,558 sqft

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

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Ilion, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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
Mixed-Use Property in Frankfort, NY

250 E Main Street, Frankfort, NY 13340

$215,000
5,445 sqft · 0.13 AC lot

Mixed-use property with residential units and commercial storefront.

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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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Herkimer Duplex: Investment Opportunity
Herkimer Duplex: Investment Opportunity

214-216 N Bellinger St, Herkimer, NY 13350

$189,900

Spacious duplex in Herkimer with separate utilities and strong 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.

Acreage with State Route 5 Frontage
Acreage with State Route 5 Frontage

State Route 5 lot: 57, Little Falls, NY 13365

$200,000
8,104 sqft · 88.00 AC lot

Large rural tract with mature woods, open clearings, and convenient frontage for recreation or private development planning.

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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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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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Recreational Land with Build Potential
Recreational Land with Build Potential

2WP Cook Hill Rd, Herkimer, NY 13416

Contact for pricing
5.40 AC lot

Subdivision lot suitable for a home or camp, with room for additional clearing and access to nearby outdoor recreation.

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Off-Market Properties in Ilion, NY

Consider similar Off-Market properties in Ilion, 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.

Kent Blvd
MOBILE HOME PARK, TRAILER PARK

Kent Blvd, Ilion, NY 13357

Value Estimation by Request
1,152 sqft · 2.50 AC lot
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Barringer Rd
MOBILE HOME PARK, TRAILER PARK

Barringer Rd, Ilion, NY 13357

Value Estimation by Request
980 sqft · 10.50 AC lot
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1160 Wall St
MOBILE HOME PARK, TRAILER PARK

1160 Wall St, Ilion, NY 13357-3922

Value Estimation by Request
256 sqft · 18.00 AC lot
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108 Monohan Dr
MOBILE HOME PARK, TRAILER PARK

108 Monohan Dr, Ilion, NY 13357-4248

Value Estimation by Request
980 sqft · 2.30 AC lot
View details
Barringer Rd
MOBILE HOME PARK, TRAILER PARK

Barringer Rd, Ilion, NY 13357

Value Estimation by Request
980 sqft · 10.40 AC lot
View details

Ilion, NY Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Ilion, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,214 square feet of properties for sale, with an estimated market value of $379,200.

Sale prices for residential income properties in Ilion, NY start at $49,500, averaging $94,800, and reaching up to $109,900 — 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 5
Multifamily properties 5

Demographics Overview

Population 10K
Population Growth (5Y) -7.2%
Median Household Income $62,500
College Educated 30.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
13357 $94.8K

Taxes & Financing

Tax Rate (average for all types) 4.36%
Property Tax per SF $68.62 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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