337 First Avenue Frankfort, NY ^$ 174,900

337 First Avenue

^$ 174,900

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Recently Listed

337 First Avenue

Frankfort, NY, 13340

^$ 174,900

Bedrooms6 Baths3.0 Sq 1,712

Monthly Estimate*

^$ 1,104

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Multi-Family Home for sale in Frankfort, NY

for $174,900 with 6 bedrooms and 3 full baths. This 1,712 square foot home was built in 1920.

Rare investment opportunity in Frankfort — this 2-family home at 337 First Avenue is being sold as a package with an additional home at 116 Reese Road, offering built-in income potential across two properties. The property also includes a garage under an existing lease, with the current owner continuing that lease after closing, providing immediate rental income from day one. A great opportunity for investors or owner-occupants looking to offset their mortgage with rental income.

Multi-Family Active

Price

^$ 174,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,310

Style

MultiFamily

Year Built

1920

Town/City

Frankfort

County/Region

Herkimer

MLS | Web ID

S1702011

Features

General

Sewer Connected

Heating Gas ForcedAir

Utilities SewerConnected WaterConnected

Possession Closing

Appliances GasWaterHeater

Garage Spaces 4.0

Construction Materials VinylSiding

School District Frankfort-Schuyler

Year Built 1920

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

County Herkimer

Property Type Residential

Garage Y/N Yes

Rent Includes Water

Full Baths 3

Status Active

City Frankfort

Senior Community Y/N No

High School District Frankfort-Schuyler

Number Of Units Total 3

MLS Area Frankfort-212689

Lot Size Units Acres

Year Built Details Existing

Tax Annual Amount 3310.0

Property Condition Resale

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1702011

Standard Status Active

Middle/Junior School District Frankfort-Schuyler

Elementary School District Frankfort-Schuyler

Tax Assessed Value 71700

TaxOtherAnnualAssessmentAmount 0.0

Interior

Basement Full

Flooring Carpet Hardwood Varies Vinyl

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 0

Total Bedrooms 6

Main Level Bathrooms 0

Total Baths 3

Exterior

Parking Features Garage Paved OneSpace

Lot Features Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Building Area Total 1712.0

Lot Dimensions 117X130

Waterfront Y/N No

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type CityStreet

Internal Only

Street Number 1 337

* Excluded Features

List By

River Hills Properties Llc Lf

Broker

(315) 868-4596

Phone

Affordability Calculator

$1,380

Per Month

Monthly Principal & Interest: $1,104
Monthly Property Taxes: $276
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Frankfort, NY

Average List Price ^$138,300

Percent of Sale Price 21%

About Frankfort, NY

7,562 Population

2% Since 2002

^$52,564 Median Income

44.52 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2116548 Elementary School

2116546 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/27/2026	$174,900		Listed Price

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337 First Avenue, Frankfort, NY, 13340 is a Multi-Family Home for sale at $174,900 with 1,712 sqft. 337 First Avenue has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 13340 which is in Frankfort, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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337 First Avenue

Multi-Family Home for sale in Frankfort, NY

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